The herald. [volume] (New Orleans, La.) 1905-1953, 1914-03-05
CHARTER

PaH.h ci ~ IA, on This 2sth day Of the
-,or.b ~ January, in the year OF our LoII
ore thousand, nire hundred and fourteen, arg "a
-. ,Fa i-dcaerdcrce Of he United States Of
A--e,T~a The one hundred and thirty -eish'H'
Lie ne, Frederic Charles Marx notary
public, duv commissioned and qua!IIeIt' - -.
anu .5 ,i,~y and IN the presence Of the Wit
$50 hereinafter named and undeTsls neu'
-,-.o--srly came aad appeared, the several PEI /
80 u.r.-e names are heTeunto subscribed,
sons sons S,..,sScl. mat avaiiing themselves Of
r. ,.-.r.,-ran, II the Constitution and avs .
al ,hr state OF Louisiana relative 70 lne Iot
nation 4 corporations, they do by ihese -
..t. ,.--- Then selves. their successors ana a.
SLOWS INTO O. corporation under the avs Oh .
.fa SAT. at Louisiana, and under the s'i-' I
.-..-.., hereinafter set form, O. VII.
Article / The name Of TINS e'Ilp'-st'..
shall hr Louisiana Canning Company u-.-.'
.rF-.h r.-r 8, sh-. have and ENJOY e''Fo'.
49, -. -.--.- I'D Succession tor q IcTy3 q /
rlrcry-u..c years from the da.e d 'L-sI 49, -,
IS nh full power m the pI9Nt1-..h ~ ~
... purposes Of IFS business as e,'..iai.,'
defined. 'g contract, sue and De sued ID &C
.r,-r. lease. use. hold. alternate. i1'.easS' /
a.,lre az Otherwise cagu.a'gfr any. p.'II.'t, /
...s.t'r .- i-.wavab.c, Ir ard uat ~ the sac
ri louisiana; 90 issue notes. a.Els ~ 90
evidences If Indebtedness. an. 10 secure -.
s.H- 10y pledge. m1s'saEe l' os.1l " -.
APPOINT ~ elect sr-h directors. oIAs'i7' ma.
arr-, ~ agents. - ITS business may !tI.'ser
Z. make. amend ~ rcpca. ~ pleasure OF'.@"'
i4r the manager cu' o. lte affairs ana kt.-
! o..
thar NAV now " hereafter be granted uy
| lrw 20 corporations 81 this cnaT@c''r.
Article n The aJw'e!!e u th.s SoIP'la' /
ton shall be On the tity u We" 'It'"''';
Parish Of Orleans. State Of LOUISIANA, anu
| all citations and other legal process shal "
served on the president, or IN ms aus''Nt '''
The wee pres dent.
| Article III. The objects and purposes 10y
Which This CORPORATION IS established, ana l"e
nature OF the business TO mc ca5Ii'l ." ~
It are hereby declared 10 Oei ,-e,,,'1ts
pack fruits, vegetables, agricultural Pro11C,e'
! nsh. shrimp, crabs, oysters and oiner So
| food and all canned merchandise OF al klnus
| and descriptions. 10 manufacture anu FASiH
| gyrlps and C0rdIals OF all Kinds. 10 buy' sen
and deal in all kinds Of merchandise, a.
| wholesale or retail, and 70 act as agents ana
| brokers for packers, manufacturers ana qea'
erS in merchandise to act as agents, o.oN -
| and commission merchants Tor planters anu
others engaged IN agricultural pursuits. .
bnv sell. own and operate and lease boats
and fishing crafts, and all appliances used IN
connection herewith.
| To buy, sell, lease, improve, drain teCIa.I!,
irrigate, plant and cultivate real estate IN ..e
! State Of Louisiana and elsewhere; 10 P'dn',
cultivate buy and sell agricultural products
10 lease, own and operate oyster oedS anu -
plant and cultivate oysters. And Tor any OF
The purposes above stated, TO purchase OF
lease, hold. own or sell or rent out property
both movable and lmmoyab.e' as may IG "a
esSary convenient. 10 purchase' HoIu aIIu
TO make loans and advances to its customers.
To own, conduct and operate general inet-
or private warehouses and to issue negotiable
warehouse receipts for products stored theie-
|, in whether belonging TO this company or 10
others aud generally to do any and all things
that may be necessary in or convenient 10
, the ACCOMPLISHMENT of the purpose herein
above set forth and in connection Herewith
TO make all contracts requisite or expedlent
| TO the accompli shment of any Of the purpose
for which this corporation IS organized.
| he al
poration is hereby liked at the sum OF MY
thousand dollars (S5O,UOUO), DIVIDED INTO INTO, sn n
represented by five hundred shares N2JGUOl,
| of the par value of one hundred dollars
| (SlOOOO) each, which shall be paid tor IN cash
| or NAV be issued at not less than par tor
, services rendered 10, or for property purchased
by said corporation, payment for such stock
shall be payable in installments on such
terms and conditions as the Board Of Di-
} tectors NAV hx
| Certificates OF shares Of stock shall not be
;ssn.d mill fully paid for; and such stock
certificates shall be signed by the president
and by the secretary, OF in the absence or
J inability OF the president or secretary to act
r by the vice president Said stock shall be
Transferable only on the books Of the com
panv, and on surrender Of due proof Of loss
, | of The original certificate, and until such
) transfer on the books Of the corporation, the
corporation shall be authorized to treat the
recorded owner as the owner for all pur-
poses
This corporation shall be organized and be-
come a going concern as soon as three thou
r sand dollars shall have been subscribed to
the capital stock.
D No stock shall be sold or transferred until
| il is first offered in writing TO the corpora
| ton at the then book value which book-value
!. | shall be asccrtaincd by the Board OF Dlrec-
tors at a special meeting called tor that pur-
> pose and held within thirty days from the
date of such notice. The said corporation TO
have thirty days option on stocks so offered
}, from date of said notice; and any stock
holder or stockholders shall have the absolute
right and privilege to purchase said stock at
A its book value, as ascertained by the Board
of Directors, upon the corporation declining
l. same, before said stock can be sold to anyone
not a stakeholder of said corporation; and no
sale of the stock of said corporation shall be
l. effective unless said stock shall have been
FIRST offered for sale TO said corporation or It's
stockholders, as above set forth, and by them
declined
, The capital stock OF this corporation may DC
u increased or decreased as provided by law
and in the event of said capital stock being
increased, then the stockholoers shal nave
the right to take the shares OF the increased
stock IN proportion OF the number OF shares
then owned by them.
The Board Of Directors shall have the poweI
to sell and reissue the shares OF stock, whicf
| shall be purchased by the corporation, unde
the provisions above set torth, or Tor any
cause, by resolution OF the board at Its theI
event same shail De hrst ohered 10 STOCK
n holders OF record, as above provided, with re
gard TO increase OF capital stock. And pro
uded turther, mat no purchase OF the stocl
IN, OF said corporation shall ever be made, eH
ia cept out OF such surpiues funds as the cor
" poTation may then own
Article V; All the powers OF this corpora