The herald. [volume] (New Orleans, La.) 1905-1953, 1912-03-14
ARTICLE /.

The name and style OF the corporation
shall be the UNITED FISH AND OYSTER
COMPANY" and by said corporate name il
shall have and enjoy succession for a period
OF ninety nine years, unless sooner diSsOlv-
ed and have all the rights, privileges and
immunties granted by law to corporations
and under said corporate name, il shall
have power TO contract, sue and be sued, TO
make and use corporate seal, and the
same to break and alter at pleasure, and 10
hold, receive, purchase, convey, improve,
ALLEVIATE, hypothecate, lease, borrow, mort
gage or pledge both real and personal pro-
perry; to have and employ such managers
and directors, officers, agents and other en-
ployees as the interest OF the corporation
may require, and TO make rules, regula-
lions and bylaws for its corporate manage
ment and control and to do all things and
acts permitted by law or as shall or may be
necessary and proper to carry out the OBJ
jects and purposes OF said corporation.
ARTICLE II.
The domicile OF the corporation shall be
in the city of New Orleans state Of Lou
isiana. Citation and legal service shall be
made upon its president, or in case of his
absence or disability, on the vice-president.
The board OF directors may nominate any
other person upon whom TO serve citation.
ARTICLE III.
corporation is organized and the nature of
the business TO be carried on by 1t are here
by declared TO be: to buy and sell, pack, i'm
port and export, oysters and fish of all
kinds, to own. and operate oyster beds, TO
erect oyster plants and Smelling houses, to
do a general commission business in pro-
duce OF all kinds, and generally to do all
things incidental or germane to said bust
ARTICLE ".
The capital stock Of the said corporation
shall be five hundred thousand dollars
$500, 100000, divided into and represented
by five thousand shares $4,000 Of one hun
dred dollars (S100.OO) each, which said
stock shall be paid for in cash, as called
for by the board Of directors or the same
NAV be issued at not less than par, in pay
ment or exchange for property or rights
actually received or purchased by said cor
poration, or the same may be issued, full
paid, for money advanced, and for such
other valuable consideration or services as
the board of directors Of the corporation
may determine, provided that no stock shall
be issued until the consideration therefor
has been received by the said corporation.
ANY stakeholder may sell, assign or trans
fer his stock in this corporation, provided
thirty 800 days notice of such intention
TO sell, assign or transfer the same be given
the company, and the stockholders thereof
the same, after which thirty days notice,
the stock may be sold in the open market
The stock of said corporation may be
vided such transfer be made on the books
Of said company, at its Office in New Or
leans and on surrender of the certificate
therefor. No transfer Of any fractional part
OF a share shall be made.
This corporation shall commence doing
business as soon as capital stock to the
amount Of three thousand dollars 10000
shall have been subscribed for
ARTICLE V.
The corporate powers of this company
| shall be vested in and exercised by a board
of five directors, consisting of the president,
vice-president and three stockholders, three
OF said board shall constitute quorum for
cisions shall be valid corporate acts. The
offices of secretary and treasurer shall be
filled by one person, who need not be
stakeholder, but may be appointed by the
board OF directors. The first board Of d.
rectOrs shall be composed OF the following
Messrs Frank Mclaughlin, Saul Moos, Vic
ard W. Cummings, with Frank Mclaughlin
as president, and Saul Moos as vice-presi-
dent Said board shall hold office until the
first Monday In February, 1913. or until
their successors are elected and qualified.
During the absence Of the president the
vice-president shall preside.
The annual election OF the board OF direc.
| tors shall take place on the first Monday OF
| February of each year, commencing with
| the year 1913. Whenever the said day
shall be holiday, the election shall be held
OF said election shall be given by at least
| ten (10) days written notice by registered
mail sent to each stakeholder Of record at
his known address on the books of the COM
pany: and such notice shall be legal and
| valid in all of its phases and the board OF
directors shall appoint two of the stock
holders to preside at such election as COM
missioners. In the event of failure of any
| commissioner or commissioners TO attend
the president shall, by appointment, fill the
vacancy. Any failure from any cause what
ever to elect directors the day named fol-
that purpose shall not dissolve the corpo
ration, but the directors then in Office, a.
well as the officers of the company shall
hold over until their successors are chosen
In such event, the president shall cause an.
other election to be held within thirty day.
and shall give notice thereof as hereinbe
fore provided. AT each election and meet
ing each stakeholder shall be entitled to 9
vote for each share Of stock registered In
his name and may vote by proxy.
The election Of directors shall be by bal