The herald., 1922-12-21
CHARTER.
CHARTER OF ALGIERs PUBLIC SER
VICE COMPANY INC.

CHARTER OF ALGIERS PUBLIC Sch
VICE COMPANY. INC,
United States Of America. State Q
Louisiana, Parish of Orleans, City Of Ne'
Orleans, BE ii known, that on this TWEEN
tieth (2oth) day of the month Of Novem
Der, in the year of our Lord, one thous
and, nine hundred and twenty 1.-TWO, and Q
the Independence of the United States 0
seventh, before me. William John Hen
nessey, a notary public, duly commits
stoned and qualiiied, in and for the Paris
siding, and in the presence Of the wit
nesses, hereinafter named and under
signed, personally came and appeared
unto subscribed, all of the full age OF ma
jority and residents of the City Of New
orleans, who severally declared tina
availing themselves of the constitution
and laws of the State of Louisiana, il
such cases made and provided relative t.
the formation OF corporations, particular
ly Act No. PSI of 1914. of the General As
sembly Of the State of Louisiana, approved
July 9th, 1914. they have covenanted and
agreed and do by these presents covenant
and agree and bind themselves as well as
such persons as may hereafter become as
ISOLATED with them, or their successors
to form and constitute corporation or
body polite in law, for the objects ana
purposes and under the agreements and
stipulations following, to-wit:
ARTICLE 1.-The name and style of this
corporation shall be the 'Algiers Public
Service company, lnC. anu uHutE It's
corporate name it shall have power and
authority to exist and enjoy succession for
the full term and period of ninety nine
years from and after the date hereof: to
contract, sue and be sued: to make and
use a corporate seal and the same to break
or alter at pleasure: to hold, receive
lease, purchase and convey, as well as
mortgage, hypOthecate and pledge prop
erty, real, personal and mixed, corpOreal
and incorporeal: to name and appoint such
managers, agents, directors and officers
h0.gt int m ION
may require: TO make and establish, AS
well as alter and amend from time TO time
such bylaws and regulations for the
proper conduct, management and regula-
ton Of the affairs of said corporation as
may be necessary and proper: and 10
have. possess, and enjoy all rights, pow
ers, privileges, franchises and immunities
now or hereafter authorized and granted
by law.
ARTICLE 1.-THE domicile of this cor
poration shall be in the City of New Or
leans, State of Louisiana: all citations and
other legal process shall be served upon
the president of this corporation, or in
case of his absence or inability TO act,
upon the vice president and upon the in
ability of both president and vice presi-
dent to act, then upon the secretary or
treasurer.
ARTICLE III-The object or objects,
purpose o. purposes for which this cor
poration is established and the nature of
the business to be carried on by il are
hereby specified and declared to be:
To build, construct, own, hold. acquire
by purchase or otherwise, lease, main
tain, ply and operate one or more steam
boats ferry boats, tow boats, barges and
other water craft on the Mississippi river.
or other rivers or their tributaries. and
other water courses in the State of Louis
lana, or elsewhere, for the purpose of
transportation, conveying and carrying
passengers. vehicles, cattle and livestock
of every kind, produce, merchandise and
freight of every kind and character what
sOever; to lease, purchase or otherwise
acquire, own, hold, maintain and operate
ship yards. wharves, sheds, warehouses.
shops and other structures and apparatus
necessary, appropriate, convenient and
suitable for the business and its carrying
out of the primary objects and purposes |
of this corporation; to lease. own, enjoy, |
possess and purchase or otherwise acquire
the franchise, grant, license, right, permit
or the authority from the City of New Or
leans or State of Louisiana or the govern
ing body of any sub-division thereof. to
operate. ferry boats on and across the
Mississippi river in the city of New Or
leans. Parish of Orleans, and every other
parish of this state. for the transporta
ton and carrying Of passengers. vehicles
duce, merchandise, and freight of every
kind and nature whatsoever: to lease pur-
chase or otherwise acquire. hold. own and
sell property, movable or immovable. also
to purchase, sell, lease ub-lease, own
maintain aud operate, any and all means
and agencies of transportation whether
propelled by steam, gas, electricity or
other power, necessary, appropriate. con-
venient, suitable, and expedient for the
carrying out of the business for which
this corporation is formed; to lease. own.
wise. the property and assets of any per
son or persons, firm or corporation. carry
Ing on or engaged in the same business
as herein defined or incidental thereto; to
purchase, lease, own and develop land. ad-
jacent to the property of this corpora
ton. for the comfort, convenience and
pleasure Of passengers and others. and for
the promotion of travel over and across
its ferry system, and as adjuncts there ,
to; to exercise the right and power of
eminent domain for the acquisition of j
property that may be necessary and ex- .
pedient for the carrying out of the bust
ness and the primary objects and pur =.
poses Of this corporation; and generally .
to do and perform all acts and things. ,
rights. powers. privileges, and franchises
as related. and complementary or Incl !
dental to the objects and purposes of this s,
any of them. or such as may hereafter be ,
conferred by law upon corporations Of :
this character.
ARTICLE Iv-The capital stock of this .
hundred and fifty thousand dollars $3.50
OOO.O0) divided into and represented by I
twenty-five hundred (2.500) shares. of the $
par sa a 81 one sb ndndred do,iars oC
or its equivalent at the time the certificate 5
therefor is issued. or the board of direc- :
tors may issue 1ull-pald up certfhcates or G
stock in payment for property or rights I
actually received by 1t. or labor done and !
performed, or for services rendered to this /
G
The capital stock Of this corporation G
may be increased to the sum of five c
hundred thousand dollars, and which ]
capital stock. IL and when increased in
the manner prescribed by law. shall be is 2
sued and paid for in the manner here I
iuabove set forth. G
All transfers of stock shall be made I
upon the books of this corporation and e
shall be signed by the stakeholder or by L
his attorney and under such rules and Il
regulations as the board Of directors may il
prescribe. p
AT all elections of the stockholders. yot-
Ing shall be by ballot, and each stock {
holder shall be entitled to one vote. in a
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