The herald., 1922-08-31
CHARTER OF
REVERE TRANSPORTATI
COMPANY INC

REvERIE TRANsPoRrATIoN
COMPANY, INC.
State of louisiana. Parish of Or
known that on this 2sth day of June
in the year one thousand nine hundred
i and twenty-five, before me, w. Nor
gan Guriey. a Notary Public. in and
Louisiana, duly commissioned and quail
flied. and in the presence of the wit
nesses hereinafter named and under
the several persons whose names are
hereunto subscribed. who severally de-
clared that. availing themselves of
the laws of the state of Louisiana.
| tive to the organization of corpora
| tons they do by these presents agree
and bind themselves as well as such
other persons as may hereafter be-
| come associated with them, to form
and constitute corporation or body
polite for the objects and purposes
and under the articles and stipula-
tons following. which they adopt as
their charter, to-wit:
ARTICLE 1. The name, style and
title of this corporation shall be
Reverie Transportation Company. Inc,
and under the name it shall have and
enjoy all the rights, advantages and
privileges granted by law to corpora
tons, and shall exist for the full term
and period of ninety-nine years from
this date. 1t shall have power to con-
tract, sue and be sued: to make and
use a corporate seal. and the same &c
alter and break at pleasure: to hold,
receive, lease, purchase, sell and con-
vey as well as mortgage, hypothecate
and pledge property, real, personal and
mixed, corporeal and fncorporeal: to
name and appoint such managers. direc-
tors, Officers. agents and other en-
ployees as it's interests and conven-
fence may require, and to make and
establish as well as alter and amend
from time to time such bylaws. rules
@ Ia
and expedient for the proper manage
ment and government of the affairs of
said corporation.
ARTICLE II. The domicile of this
corporation is hereby fixed at the city
Of New Orleans. state of Louisiana,
and all citations or other legal pro-
cess shall be served upon the Presi-
dent of this corporation. or. in his
absence, upon it's Secretary-Trea surer.
ARTICLE III. The objects and pur-
poses for which this corporation is
established and the nature of the bust
ness to be carried on by it are hereby
declared to be:
To do a general transportation bus
mess. passenger. freight and express:
any and all manner of water craft or
land vehicles of any motive power. |
and to build. construct or repair any |
kind OF water craft or vehicles. or |
Herewith, and to construct buy, lease |
and operate wharves, landings ware
houses or shops, and generally to do |
any business or thing connected with |
business.
ARTICLE w. The capital stock Of
this corporation is hereby fixed at the
Thirty to be T aSded into Dollars s5s
represented by three hundred (3O0) |
shares of the par value of One Hun
dred Dollars El00.o0l each; said stock
snail only be issued for cash or in
payment Of property actually received
or purchased by said corporatios. The
capital stock of this corporation NAV
be increased to the sum of One Hun
dred Thousand Dollars (s1O,00O.OO) at
any time upon compliance with the
provision of law relating thereto.
ARIlCLE v. All the corporate
exercised by a Board of Directors con-
sisting of three stockholders. a mo
orlty OF whom shall constitute a I
luorum for the transaction of bust ,
son or by written proxy in favor OF ,
mother director. The Board of Direc- q
ors shall elect annually from among q
5reside number snd president president Vice
The first Board of Directors shall
onsist of three stockholders. and =
nail be composed of John c. Allen, r
9ies r. Dubus and William ]. Gleason. I
ent. Jules F. Dubus as vice-President. ;
nd the said William J. Gleason as y
ecretary-TrcaSure
The postorrice address of said direc- !,
ors are as follows: John c. Allen, No,
81 Louisa street, New Orleans, La.
ules F. Dubus, No. 24O2 Pension p
treet New Orleans. La: William ]. Il
re' no. 2l27 Elysian Fields, New =
These directors snail serve until tho
bird Tuesday in June, 1923. or until q
1eir successors have been duly elected r
nd qualified. The annual meeting of =,
for the election OF dlrec- ,,
ors shall be held on the third Tues 81
ay In June of each year. unless said g
he next bank day thereafter. Any 4
acancy occurring among the directors y
death. resignation or otherwise -
nair De filled by election for the un- r
,rs. Each subscriber hereto sets y
rter his name his postoffice address y,
IVA statement of the number OF o.
,Ia - OF stock which he agrees TO .,
ohs each stakeholder shall be entitled II
one vote for each share of stock e
"a IN his name on the books of u u
by written proxy. A majority of st
le votes cast shall elect. W
The Board of Directors above named s.
eter agreed bub TO purchase from Mr. W
lown as the 'Reverie," now plying h
Lake Pontchartrain. for the price IA
"a sum Of twenty-five thousand to
'iiIi sSo'VUvVVDI ana TO Issue stock w
the said Peter A. Dubus for said nj
Mount. full paid and worcestershire. ii,
payment of said purchase. Said III
chit having been carefully examined. he
lued and appraised by said Board OF cI
rectors at the sum of SOS. 600 90 Il,
ley do by these presents take over ma
me. as allowed by the laws of Lou an
ana. from the said Peter A. Dubus. an
having subscribed to two hundred III
d fifty (250) shares of the stock of or
IS corpedation at the par value of OF
hundred dollars (s100.00) per Of
ty (250) shares of stock subscrip- an
n paid for by the delivery of said bu
INT at the time Of signing this pu
iRTiCLE VI In the even, q, N. Or Or
uidation or dissolution of this cor an
alton. its affairs shall be Iiquidated Do
wound up by the then existing AZ
ird OF Directors: said liquidators law
III have the authority to wind up STR