The herald., 1913-11-27
CHARTER
OF THE GULF VERDURA FRUIT COM


United States Of America. State of Louisi-
ana. Parish Of Orleans, city of New
Orleans
BE it known that on this fourteenth day
Of the month of November, in the year one
thousand nine hundred and thirteen, before
me, John II. Upton, notary public in and
for this city and the parish OF Orleans,
state Of Louisiana, therein residing. duly
commissioned and qualified and in the pres
encc of the witnesses hereinafter named and
undersigned, personally came and appeared
the several persons whose names are here
unto subscribed, all Of the full age Of ma
iOrity and residing in this city OF New Or
leans, state OF Louisiana, who declared that
availing themselves of the provisions Of
the laws of this state relative to the or
ganiZatiOn of corporations, they hereby form
themselves into and organize a corporation
for the objects and purposes and under the
StipulatiOnS hereinafter set forth. tO-wit
Article 1.-The name and title Of this
corporation shall be the Gulf Verdura Fruit
Company, and by that name 1t shall have
and enjoy succession for n term Of ninety
nine years from the date hereof unless soon
or dissolved. 1t shall have power 70 sue
and he sued; to borrow money; hold. pur-
chase. lease. sell and hypOthecate real and
personal property in the state OF Louisiana
or elsewhere; to make and use corporate
seal; to name and appoint directors. man
ayers and agents. and 10 establish such by
laws. rules and regulations for the manage
ment of the business and acairs Of the said
corporation as may be necessary, the same
to alter at pleasure: also to make and
-
TO secure the same by mortgage Of other
wise.
Article 1.-THE domicile of this corpor-
alton shall be in the city Of New Orleans
Louisiana, and all citations and other legal
process shall be served on the president in
his absence on the vice-president and in
I the absence of both on the secretary-treas-
urer.
Article III-The objects and purposes for
which this corporation is organized and the
nature of the business to be carried on by 1t
I.lI 10 aV,Nf.
sion business in fruits, vegetables and all 9th
| er produce, and to that end buy and sell the
| same either for Its own account or as broker,
agent or representative Of others to buy,
purchase, lease or otherwise acquire lands
| for the purpose OF farming or in connection
with its business, and to farm. work and
| cultivate the same either by itself or through
| others; to lease, suitcase or sell any land
| or other property that%it may acquire; TO
| reclaim and improve any and all lands that
| 1t may acquire so that cultivation Will be
practicable, and 10 erect such houses, ten
| ements and stores as may be necessary TO
| said business, as well and to purchase stock,
| implements and machinery that may be re
quired, and to operate the same, and gen
| orally TO do or engage in any other bust
/ ness, undertaking or enterprise connected
| with or incidental to any of the purposes
hereinabOve set forth.
Article Iv.-The capital stock Of this
| corporation Is hereby fixed at thirty thou
| sand $3.50. 900. 00D dollars, TO be divided into
three hundred 5000 shares Of the par value
which said shares shall be paid for in cash,
| property for labor and services rendered.
| This corporation shall become a going con-
| Germ when ten thousand $500 100000 dol
| lars are subscribed to its capital stock.
| Article V-All the powers Of this cor
| pOratiOn shall be vested in a board of di-
| rectOrS TO be composed OF three stOckhold-
ers, two of whom Shall constitute quorum
| for the transaction of business, and they
| shall hold office until the first Monday in
December 1914, or until their successors
Shn ha hAa In al
Any failure to hold an annual meeting
| shall not cause a forfeiture OF this act Of
| Incorporation, and any vacancy occurring
| in the board Of directors, from any cause,
shall he filled by the remaining directors.
The board of directors shall elect from
among their number president, yicep resi-
dent, and from among their number, or 9th
erwise a secretary treasurer, and shall ap-
point such agents and employees and man
ayers as may Dr. necessary, and shall fix
their compensation. The said board Of di-
| rectOrs shall have the right to dismiss said
employees at pleasure.
Until their successors are duly elected
and qualified the following named persons
shall constitute the first board Of direc-
tors. viz. Antonio d. =. Viggiani, Alfred
A. Tina glia and Mike Megna, with Antonio
ID. l.. Niggiana president, Mike Megna, vice
president and Alfred A. Tinaglia, secretary
All acts OF sale, purchase, lease or others
shall be signed by the president, or in case
Of his absence or inability to act, by the
l
Article VI.-On the first Monday in De
cember. 1914, and annually thereafter. there
shall be held a meeting OF stockholders 10
elect directors for the ensuing year, which
meeting shall be called after ten DAYS no
tice; said notice TO be deposited in the
| mails. postage prepaid. and directed to each
stakeholder at his or her address. At said
meeting the Directors shall be elected by
ballot. and a majority OF the votes cast
| shall be necessary to elect, and each share
| Of stock shall be entitled to one vote. The
| shareholders shall vote in person or By
written proxy. Only shareholders shall be
| eligible as directors.
Article Vino stock shall be trans
ferred except upon the books OF the corpO-
| ration. No stockholder shall be held liable
! for any contracts, faults or debts Of this
| corporation. in any further sum than the
| unpaid balance due on their respective
| shares.
Article VTII.-This act OF Incorporation
| may be changed modified or amended, or
| this corporation may be dissolved by a vote
| OF three fourths Of the stock represented al
a general meeting held for that purpose, az
ter due notice shall have been given In the
manner provided for in Article VI, and IL
case OF dissolution or termination OF thi'
act Of Incorporation, three commissioners
elected by stockholders at general meet