The herald., 1918-10-03
CHARTER OF NEW CENTRAL CANNING
CO.. INC


United States of America State Of Iouis-
lana, City of New Orleans. BE it known
that on this twenty eighth day Of the month
OF August, in the year one thousand, nine
hundred and eighteen u9ls), before me, Theo-
dore Cotonio, a Notary Public. duly commits
stoned and sworn in for the Parish of Or
leans and City of New Orleans, therein re-
siding. Personally appeared, the persons
whose names are hereunto subscribed who
declared that, availing themselves of the pro-
visions OF the laws of this state relative to
the organization of corporations, and more
particularly Act No. 267 of the General AS
sembly of this State, approved July 9. 1914
they have covenanted and agreed and do, by
these presents, covenant and agree, bind
form and constitute themselves, as well as
such persons who may hereafter Join or be
come associated with them, into a CORPORA
tion and body polite in law, for the objects
and purposes and under the agreements and
supulatlons following to-wit:
ARTICLE 1.-The name and style of this
corporation shall be: New Central Canning
Co, Inc, and under that name it shall have
and ENJOY all the rights and privileges and
advantages granted by law to corporations: it
shall exist for the period of ninety nine years
from this day; it. shall have the power to
contract, sue and be sued in its corporate
name; and TO make and use a corporate seal
and the same to break or alter at pleasure:
to hold, receive, purchase, convey, mortgage,
hypothecate or pledge property, both real or
personal; to issue bonds, notes and other oh.
lgations or negotiable instruments; to have
and employ such managers, directors officers
agents and other employees as the interest
and convenience of said corporation NAV re.
quire or demand; to make and establish such
bylaws, rules and regulations for the cor.
Porate management and control of the af-
necessary and expedient
ARTICLE 1.-The domicile of said cor
poration shall be established in the city of
New Orleans State Of Louisiana, and all
served on the president in his absence, on
the vice-president; and in the absence Of
both on the secretary.
ARTICLE Ill.-The objects and purposes
Tor which this corporation is formed and
nature OF the business to be carried on bv IN,
are hereby declared to be: the manufacture
and canning of all food products vegetables
| and fruits of all kinds, and also the import
ana export OF same; to buy, sell, deal and
do other business connected Herewith and
necessary for the proper conduct of the bust
ness of said corporation
| ARTICLE IV-The capital stock of this
corporation IS fixed at the sum- of twenty
| thousand dollars (s20,OOO). divided into 2OO
shares of the par value Of $1,000 each. All
shares OF stock shall be full paid and nom
| assessable. No transfer of stock shall be
binding upon the corporation unless made
upon its books, and all certificates of stock
shail be signed by such officers as may be
designated by the board of directors This
| corporation shall have the right to increase
rs capital stock to the further sum of
$4,000, One Hundred Thousand Dollars.
to be divided into shares of $4,000, One
Hundred Dollars each, provided such in
crease in the capital stock shall have been
| authorized by three fourths of the stock
! holders at meeting to be held for that pur.
pose aier 6eing duly notified in writing. No
! stock shall be sold by any stakeholder until
| the same shall be offered for sale to the
| corporation which shall have the right IA
purchase the same and no transfer shall be
made upon the books Of the corporation until
| the stock has been offered and declined
| In the event Of an increase of the capital
| stock the additional shares shall be first
offered to the stockholders DESTROYS to sub
| scribe 10 such increase
| ARTICLE YAH the corporate powers OF
| this corporation shall be vested in and the
| management and control Of its affairs shall
| be exercised by a board Of directors com
posed OF four stockholders majority OF
the directors shail constitute a quorum for
| the transaction of all business. The direc-
tors shall be elected annually by ballot on
the second Thursday in January in each
year. Each stakeholder shall be entitled. in
person or by proxy, to vote for every share
owned by him, and all elections shall be
held under such rules and regulations as may
be determined by the board of directors, after
fifteen days notice by mail of such election
shall have been sent to each stakeholder al
his last known address. The directors thu:
elected shall continue in office for one year
or until their successors shall have beer
duly elected and qualified No failure t.
elect shall be regarded as forfeiture of thii
charter. Any vacancy occurring on sale
board shall be filled by the remaining di
rectors for the unexpired term; the SAT-
board shall likewise elect the additiona
members in case they should determine 4
increase the number Of said board TIL
said board of directors shall, at its frs
meeting after, its election nominate out o
its number a president, a vice president.
| secretary and a treasurer Said board shall
!, have the right TO consolidate any two,
said officers into one, or segregate said oil
. ficers. as also their right to appoint an