The herald., 1918-11-07
CHARTER OF NEW CENTRAL CANNING
CO., INC

| Oct. S-lUH-Z4-J, Nov. z.
CHARTER OF NEW CENTRAL CANNING
| CO., INC.
United States of America, State of Louis.
! lana, City of New Orleans Be il known
that on this twenty-eighth day of the month
OF August, in the year one thousand, nine
hundred and eighteen (l9iS), before me Thee.
dore Cotonio, Notary Public, duly commits.
stoned ana 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. bv
these presents, covenant and agree bind.
toiIn alu constitute themselves, as well as
such persons who may hereafter join or be
come associated with them, into corpora-
non ana body polite in law, for the objects
and purposes and under the agreements and
supuiations following to-wit:
ARTICLE 1.-The name and style of this
corporation shall be: New Central Canning
Co., Inc, and under that name il shall have
and ENJOY all the rights and privileges and
advantages granted by law to corporations: II
shall exist for the period Of ninety-nine wears
from TINS day; II shall have the power to
contract sue and be sued in its cornorate
name; and TO make and use a corporate seal
and the same TO break or alter at pleasure.
10 hold, receive, purchase, convey, mortgage
nyPotheSate or pledge property, both real or
personal; to issue bonds, notes and other oh
hgations or negotiable instruments; TO have
ana employ such managers, directors officers
agents and other employees as the Interest
ana 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-
lars OF the corporation as NAV be deemed
necessary and expedient.
ARTICLE 1.-THE domcile of said cor
PoraAon shall be established in the city of
New Orleans, State of Louisiana, and ali
citations and other legal process shall he
served on the president. in his absence on
the vice-president; and in the absence Of
both on the secretary.
ARTICLE III.-The objects and nrr,os.s
tor which this corporation is formed and
nature OF the business to be carried on by il
are hereby declared to be: the manufacture
and canning of all food products, vegetables
and fruits of all kinds, and also the imoort
and 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 lV:-The capital stock of this
corporation is fixed at the sum- of twenty
thousand dollars $4,000. divided into 200
shares of the par value of $1,000 each. All
shares of stock shall be full paid and non.
assessable. No transfer of stock shall be
made
upon its books, and all certificates of stock
shall be signed by such officers as may be
designated by the board of directors This
corporation shall have the right to increase
(SlO0oOOl, One Hundred Thousand Dollars,
to be divided into shares of (SlOOOO, 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 afer being 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 to
purchase the same and no transfer shall be
made upon the books of the corporation until
the stock has been so 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 to such increase.
ARTICLE N.-All 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 A majority of
the directors shall 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
person or by proxy, to a 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
shall have been sent to each stakeholder at
his last known address. The directors thus
elected shall continue in office for one year. |
or until their successors shall have been
elect shall be regarded as a forfeiture of this |
charter. Any vacancy occurring on said
board shall be filled by the remaining d. |
-ectors for the unexpired term; the said |
board shall likewise elect the additional |
members in case they should determine TO |
increase the plumber of said board. The |
said board of directors shall,' at its first |
Meeting after its election nominate out of |
IS number president, vice president, a |
and treasurer. Said board shall |
lave the right to consolidate any two of
aid officers into one, or segregate said Of |
icers, as also their right to appoint and /
lismss such clerks, managers and other en-
'loyees of the corporation as conditions may
Justify or the business of the corporation
nay require. The tenure of office of all |
he employees of the corporation shall be
Turing the pleasure of the board of directors.
ARTICLE VINO stakeholder shall ever
'e held liable responsible for the contracts,
aults or debts of said corporation shall
ny mere informality in its organization
ave. the effect of rendering this charter null,
r of exposing a stakeholder to any liability
eyond the unpaid balance due on stock
wned by him.
ARTICLE VII-This act of incorporation
lay be changed, modified or altered, or this
may be dissolved, with the as
cHI Oh lnc stOCknOIQcTS owning tWO-InlTQS
all the stock of the corporation, at a gen.
raj meeting convened for that purpose, after
least fifteen days written notice of this
ieeting has been given through mail, ad-
ressed to each stakeholder, at his last
nown address. In case of dissolution by
he expiration of this charter or otherwise,
he stockholders shall elect three liquida
ors from among their number, to liquidate
nd settle the business and affairs of the
orporation.
ARTICLE VIII-Twentv thousand dollars
ave been subscribed to the capital stock of
his corporation, as follows to-wit: Angelo
lorioso, SCI St Ann ST., New Orleans, La,
ne hundred and fifty shares, $l5,OW00; JOS
phi Cangelosi, ll24 Decatur ST.. New Orleans,
"a, thirty shares, $4,000; DIR. ID. Meren
inc 1889 Bourbon ST.. New Orleans, La;
N shares, $1,000. Gaetano De Majo, l24O
!. Claiborne Ave, New Orleans, La, ten
hares, $1,000. Total $4,000.
ARTICLE IX.-Until the election to be
cid on the second Thursday in January,
'l9, the following shall constitute the
rst board of directors. viz: Angelo
lorioso, Joseph Cangelosi DIR. d. Merendno
nd Gaetano De Majo, of whom Angelo Glori-
so shall act president, Joseph Cangelosi
ice-President, and DR.. ID. Merendno as
Thus done and passed in my office at the
ity Of New Orleans, the day and date
rst above written, in the presence of John |
ity, competent witnesses, who sign these !
-esents with said appearers and me, Notary,
tier due reading of the whole.
Witnesses: John ]. Wingrave L. de La ,
DIX. THEO. COTONIO, Notary Public.
the UNDERSIGNED Recorder of Mortuaoes |