The herald. [volume] (New Orleans, La.) 1905-1953, 1916-10-19
CHARTER
OF Fou 10y and Company, Incorporated.
State OF Louisiana. Parish OF Orleans, City
of New Orleans

Sc it known, that on this 9th day of the
month of September, in the year of our Lord.
| one thousand nre hundred and sixteen, be-
fore. me, John k. Upton, notary public in
and for the Parish of Orleans, State OF Lou
isiana, duly commissioned and qualied, and
IN the presence of the undersi gned witnesses,
personally, came and appeared: the several
persons whose names are hereafter subscribed,
OF the full age of majority, who declared to
me that avaling themselves OF the laws OF
this state relative TO the organization OF
| Of 1914, page s2l, of the legislative acts of
! this state. they have covenanted and agreed,
and by these presents do covenant and agree
| for themselves and their successors and as
| signs 10 form themselves into a corporation
and body polite, for the objects and pur-
| poses and under the stipulations hereinafter
| set forth, to-wit:
Article The name and title of this cor
| poration shall be "Fou 10y and Company,
| Incorporated" and under such title it shall
| have and enjoy succession for a period of
ninety,nine GS) years from date hereof and
| shall have power and authority to contract,
| sue and be sued. make and use corporate
seal, the same to break and alter at pleas.
| ure; to hOld sell, lease, mortgage, hypothe-
| cate, or pledge property, real personal or
mixed. necessary, incidental or proper for the
I carrying on OF its business; to buy and hold
| stock in any other company or companies
| that may assist this company in its objects
| and purposes; TO make and issue notes and
| certificates of Indebtedness; TO name elect
and appoint managers, directors and clerks
| OF other employees to properly conduct its
| corporate business and to make such bylaws
| rules and regulations as may be found nee
| essary desirable for the management and
business affairs of this corporation, and gen.
| orally to do every other act, matter or thing
necessary for the complete and proper car
| ryng out of said business.
Article 1.-THE domicile Of this corpora
ton shall be in the city of New Orleans.
kParish of Orleans, State Of Louisiana, where
rall citation and other legal process shall be
served upon the president, or in the absence
Of the president upon the vice-president, or
in the absence OF both upon the secretary.
Article III.-The objects and purposes of
this corporation are hereby declared and
stated 10 be:
To take and deal in, acquire. purchase.
sell and preserve fresh and salt water shrimp
and hSh OF all kinds; to trap, purchase and
preserve furs and pelts and export them to
any market for sale; TO buy, sell. ship and
store butter, eggs, fish. vegetables, poultry
and all kinds of perishable property; and
for this purpose TO erect. build, construct and
contract for the erection Of dwellings and
other buildings; to construct. maintain and
operate plants and houses for canning and
packing and ice and cold storage plants and
factories; TO build, own, lease and operate,
tor the purposes OF its business, canals. tram
ways, railroads, boats, barges or other con-
veyances both freight and passenger. and all
other machinery and apparatus parapher-
malta necessary or incident thereto.
To carry on such other business appertain.
ing to canning, packing, buying and selling
| shrimp, oysters, nsh, fruit, vegetables, edi-
bic grains and other commodities as may be
necessary or desirable, such gen.
+, orally engaged in by corporation OF this
kind.
Article IV.-The capital stock of this cor.
poratIon is hereby fixed at the sum of seven
thousand three hundred (S, 10000 dollars
| divided into seventy-three G5) shares of the
I par value OF hundred $4,000 dollars
each, provided that the amount to which the
capital stock OF this corporation may be in
! creased shall be twenty-five thousand (S2S,
OOOOM dollars
1 Fifty (sOGo) per cent of the capital stool
: OF this corporation must be subscribed fo
before the filing of the articles of incorpora
ton The subscribed capital stock of thi,
corporation shall be payable in cash and il
. property, real or personal.
!. No stockholder shall ever be held liabl,
j or responsible for the faults, contracts o.
= debts of this corporation in any further sun
= than the unpaid balance due the corporation
B on the shares OF stock subscribed for by him
y nor shall any mere informalty in the organ
Q charter null or of exposing any shareholde
!; to any liability whatsoever.
This corporation shall not engage in bust
: ness until four thousand (s4OO0.OO) dollar
and actually paid in, either in cash, or prop
erty, aforesaid. If any of the stock o
u this corporation is exchanged, in whole or il
part, in that event the provisions of Section
| ) Of Act 267 of 1914 shall be strictly com
/, piled with.
> All transfers of stock of this corporation
! shall be made on the books of this corpora
! ton at its office in the city of New Orleans
this corporation shall be vested in and ex
ercised by board of directors composed o
hve stockholders, each of whom shall own
in his own right, during his term of Office
the capital stock, which shall be shown b,
his written declaration, and three directors
shall constitute a quorum for the transaction
of business. Said board of directors shall b,
Il IN he I'd
September, beginning with the year 1920
. 1 They, together with the officers elected b,
them, shall continue in Office for one year
: or until their successors shall have beer
E elected and indicted into Office.
The election of the directors shall be helC
, IN the office OF the corporation. under the su
pervision Of two commissioners appointed b,
the board of directors. Fifteen days previous
: each stakeholder by the secretary by lette
: deposited in the postofhce properly addressed
. | to each stockholder, as prescribed by law
All elections shall be BY ballot. A major
vote shall be allowed for each share o
stock represented by the holder in person
or by. written proxy. Any vacancy, occurring
for the unexpired term by the remaining di
rectors. The board of directors shall a
their first meeting each year, elect iron
dent and shall also elect secretary an
: treasurer, who may or may not be member
of the board, or the same person may b
elected both secretary and treasurer. An,
member of the board of directors who canno
, be present in person at any meeting of til
board, shall have the right to be repre-
/ scented by a proxy, designated in writing 70
! that purpose, who shall be a stakeholder.
Article VI.-The first board of director
. | shall consist Of Chin Chow Foo, ll20 Tulan
: avenue, New Orleans, Louisiana; Chin
Louisiana; c. w. Fook, 339 Chartres street
= New Orleans, louisiana; Chin l.. Bing, IA
= South Basin street, New Orleans, Louisiana
Lum Di Ten, Grand Island, p. o., Louisiana
: 4 with the said Chin Chow Foo as president
and said Chin U. Chong as vice-presiden
= and said c. w. Fook, as secretary-treasurel
!. and these directors and officers shall serv
: until the third Monday in September, in tn
= year 1920, or until their successors are electe
i and indicted into Office.
|. Article VII.-This charter may be modified
= changed, altered or amended, the capital stoc
# thereof decreased or increased, or this col
| poration may be dissolved with the assent
= two-thirds of all its stock after prior motto
d | in writing to each stakeholder, or mailed I
f him at his last known postoffce address j
D manner and form as prescribed by law.
h Article VIII.-At the expiration of thi
l. charter, or earlier dissolution of this corpc
S ration for any cause, its affairs shall be Il
quidated by one or more commissioners, to
s. elected by the stockholders, all of whom sha
# hold stock in said company and said CON
}, missioners are hereby vested with full powe
' company, with full power to act under tn
E terms Of Section 30 of Act 267 Of 1914
nj Article IX.-The appearers hereby declar
o. that thew have aubscribed In the fo1iowin