The herald. [volume] (New Orleans, La.) 1905-1953, 1916-09-14

| sell and preserve fresh and salt water shrimp
| and nsh Of all kinds; 70 trap. purchase and
| preserve fur> and peltS and export them to
! any market Tor sale: 10 buy, sell, ship and
store butter, eggs, FISH, vegetables, poultry
| and all kinds % perishable property; and
| Tor TINS purpose - erect, build. construct and
! contract for the erection Of dwellings and
! o'her buildings; to construct, maintain and
| operate plants and houses t1- canning and
packing and ice and cold storage plants and
| factories; u build, own, lease and operate,
| Tor The purposes OF its business canals tram
| ways, railroads, boats, barges or other con-
| otleT machinery and apparatus or parapher-
naia necessary or incident thereto
| 10 carry on such other business appertain-
! ing - canning, packing. buying and selling
| shrimp. oysters, nsh, fruit, vegetables. ed-
| bic grains and other commodities as NAV be
| necessary or desirable, or such as are gen
crazy engaged IN 5y corporation OF this
Article Iv.-The capital stock of this cor
| poTation Is hereby fixed al the sum OF seven
| thousand three hundred (S7,lUOO) dollars,
| divided into seyenty-three 75D shares OF the
| par value OF one hundred $4,000 dollars
| each, provided that the amount to which the
| capital stock OF this corporation may be in
| ceased ShaH he twenty-five thousand CS2S
Fifty $500 per cent Of the capital stock
| 81 TINS corporation must be subscribed for
| before The ming Of the articles OF incorpora-
ton. The subscribed capital stock Of this
| corporation shall be payable in cash and in
| property, real or personal
No Stockholder shall ever be held liable
| OF, responsible Tor the faults, contracts or
| debts OF this corporation in any further sum
| than the unpaid balance due the corporation
| on the shares Of stock subscribed for by him
nor shali any mere informality in the organ
| patton have the effect of rendering this
| charter null or OF exposing any shareholder
| 10 any liability whatsoever.
| his corporation shall not engage in bust
! ness until four thousand (S+ODOO dollars
| OF the capital stock shall have been issued
| and actually paid in, either in cash or prop
| cry as aforesaid. ii any of the stock Of
ms corporation IS exchanged, in whole or in
| part, IN that event the provisions Of Section
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.
Article N.-All the corporate powers Of
this corporation shall be vested in and ex-
! erciSed by board OF directors composed OF
| I'VE stockholders, each of whom shall own
IN ms own right. during his term of office
at least one full paid and unpedged share OF
me capital stock, which shall be shown by
ms written declaration, and three directors
shalI constitute a quorum for the transaction
| OF business. Said board Of directors shall be
erected annually on the third Monday in
| ihey, together with the officers elected BY
tnem' snail continue in Office for one year,
o. until their successors shall have been
elected and indicted into Office
The election OF the directors shall be held
IN the ONCE OF the corporation, under the SUI
| peTvlSion OF two commissioners appointed by
me board OF directors. Fifteen days previous
| notice OF such election shall be given 10
each Stockholder by the secretary by letter
deposited IN the poStotfce properly addressed
-, eaTu >t'cNA0!aeT, as prescribed by law.
~ elections shall he by ballot; A major
ity OF the votes cast shall elect, and one
vote shall be allowed for each share OF
stock represented by the holder in person,
OF oy written proxy. Any vacancy. occurring
tor the uneNpIred term by the remaining d.
rrteciors,. The board Of directors shall al
tneir hrst meeting each year elect from
t J! own number a president a yice-pTesi.
ueh' ara snail also elect a secretary ard
ieaShTeT who may or may not be members
% we board or the same person may be-
erected Do;h secretary and treasurer. Any
| member OF the board OF directors who cauu0:
De present IN person at any meeting of the
board, shall have the right 70 be repre-
serted by proxy, designated in wiring for
mat purpose, who shall be a st0ckh0ldc-
Article NL-Ihe first board Of directors
SnaI! consist OF Chin Chow Foo, 100 Tulane
avenue, New Orleans. Louisiana: Chin l.
Ihons' )" Cn3rtres street, New Orleans.
New Orleans, Louisiana; Chin L. Bing. Ia
South BASIN street, New Orleans Louis ana :
Lum ID Ten, Grand Island, p. O. Louisia0a,
with the said Chin Chow Foo as president.
and said Chin L. Chong as vice.p-esifert,
and said c. W. Fook, as secretary-treasu-e-
and these directors and officers Shall serve
lntlI me third Monday in September, in the
year 1920, or until their successors aye elected
and indicted into office.
Article Nl!.-This charter may be modified.
changed, altered Or amended, the capital stock
thereof decreased or increased, or this cor
poTatlon may be dissolved with the assent OF
two-thirds Of all its stock, after prior notice
n writing to each stakeholder, or mailed 70
him at his last known postoffce address in
manner and form prescribed by law.
Article VIII-At the expiration Of this
charter, or earlier dissolution Of this corpo-
ration for any cause, its affairs shall be il.
quidated by one or more commits sioners, 10 be
elected by the stockholders, all Of whom shall
hold stock in said company and said COM
missioaers are hereby vested with full power
and authority TO liquidate the affairs Of said