The herald. [volume] (New Orleans, La.) 1905-1953, 1922-08-17
CHARTER.

TO one vote for each share of stool
standing IN his name on the books o
the corporation. TO be cast in person
| or by written proxy. a majority o
the votes cast shall elect.
The Board of Directors above nance
| have agreed TO purchase from Mr.
Peter A. Dubus that certain zach
known as the ''Reverie," now plying
and sum of twenty five THOUSAND
dollars (s25, 100000, and to issue stoci
TO the said Peter A. Dubus for SAIL
amount. fun paid and non-assessable
in payment of said purchase. Sai'
yacht having been carefully examined
valued and appraised by said Board o
| Directors at the sum of S25,000.0O
They do by these presents take Owe
isiana, from the said Peter A Dubus
he having subscribed to two hundred
and fifty (250) shares of the stock OF
this corpedation at the par value o.
| share. Which said two hundred anC
fifty (250) shares of stock subscrIp
ton paid for by the delivery of sale
yacht at the time of signing TIN.
| ARTICLE VI In the event of the
! liquidation or dissolution of this cor.
4 poratiOn, it's affairs shall be liquidatet
and wound up by the then existing
! Board of Directors; said liquidators
shall have the authority to wind ur
the business and affairs OF this cor
poration. In case of the death or res
ignatiOn of a liquidator, the survivors
shall continue said liquidation to ter
mination.
ARTICLE VII. This charter may
be modified. changed or amended, or
said corporation may he dissolved. with
the assent of stockholders owning
two-thirdS of the entire capital stock
at a general meeting of the stockhold-
ors convened for that purpose. after
fifteen Q5) days written notice shall
have been given TO each stakeholder,
mailed to him at his last Kpown adj
dress.
ARTICLE VIII No subscriber for
stock shall ever be held liable for the
contracts, faults or debts of this cor
poration in any further sum than the
poration on the stock for which he
has subscribed; nor shall any stock
holder ever be held for such contracts
faults or debts in any further sum
than the unpaid balance, if any, on
the stock owned by him; nor shall any
mere informality In organization have
the effect of rendering this charter
null. or rendering any subscriber or
stockholder liable beyond the unpaid
amount, if any, remaining due on his
stock.
No stakeholder in this corporation
can ever sell the stock owned by him
in this corporation, or any part there
of. without first offering the same in
writing To the other stockholders,
through the Board of Directors. at its
then book value, who will have the
option to purchase the same, and in
event of the death of a stakeholder
the right is hereby reserved to the
remaining stockholders to purchase
said stock at its then book value.
ARTICLE TX. This corporation is
organized under the laws of the state
Of Louisiana. and especially Act No.
267 of 1914, and the subscribers hereto.
for themselves and said corporation.
and for it's officers. directors and
stockholders. hereby accept as part of
this charter and as conditions of this
corporation. all the rights. powers.
privileges and immunities granted to
corporations, and granted to and con-
ferred upon officers. directors and
stockholders of corporations by said
law and said act; such acceptance
being. as full. complete and binding as
If said rights. powers, privileges and
immunities were set forth at length
in this instrument.
Thus done and passed in my notarial
office at the city of New Orleans afore-
Roehl and Mr.. B. A. Ruiz, competent
witnesses of lawful age and residing
in this city, who hereunto subscribe
ties and me. Notary. on the day and
date set forth in the caption hereof.
State of Louisiana, Parish of Or
leans. Before me. the undersigned
peared the undersigned. who declared
to me, Notary, that they do hereby
subscribe to the capital stock of the
Reverie Transportation Company, Inc,
In the amount of shares set opposite
their name.
Thus done and passed in said parish
in the presence of the undersigned
witnesses on this 2sth day of June.
1922.
Original signed: J.. C. Allen. ga
Louisa street. New Orleans. 80 shares:
w. ]. Gleason. 2127 Elysian Fields.
New Orleans, 10 shares; p A. Dubus
634 Louisa street, New Orleans. $50
]. F. Dubus 1902 Pension
street. New Orleans. 10 shares.
THEoDoRE RoEHL,
w. MORGAN GURLEY.
Notary Public.
/. the undersigned Recorder of Mort
cages, in and for the parish of Orleans.
state of Louisiana. do hereby certify
that the above and foregoing act of
Incorporation of the Reverie Transpor-
tation Co, Inc, was this day duly re-
corded in my office in book 1868, folio
New Orleans. July IA. 1922.
J. NJ. SEEMAN,
Asst. D. r.
/, the undersigned Notary Public, In
and for the parish of Orleans state
of Louisiana, do hereby certify that
the above and foregoing is a true and
correct copy of the original on file
with the records of my notarial office,
together with the certificate of the
Recorder Of Mortgages thereto ap-
pended.
w. MORGAN GURLEY.
Notary Public.