The herald., 1919-08-28
CHARTERS.

personal OF mixed, corporeal and incorporeal; Il
To issue bonds and. if desired, 10 secure same
by mortgage; to hold stock in other companies;
to name and elect officers and directors; TO |
make and establish, alter and amend. bylaws
rules and regulations for its proper govern
ment as may be deemed necessary and prop
er for the extension of the business IN which
the corporation is engaged.
ARTICLE 1.-THE domicile Of this corpora
ton shall be in the City of New Orleans
State Of louisiana; and service OF process
shall be made upon the President or, in his |
absence, upon Nice-President.
ARTICLE III.-The objects and purposes |
for which this corporation Is organized and |
created and the nature Of the business TO be |
carried on by il declared to be as follows
To engage in a general ship Chandery, fur |
nishing and supply business as principal
! and agent: to engage in the business OF
| buying, selling. and dealing generally in, as
| principal and agent. all kinds, classes and
varieties OF marine and ships supplies, pro
| visions machinery. hardware tackle, apparel,
| furniture, equipment, etc; to engage in the
( business, as principal and agent, OF buying
| selling and generally dealing in hardware. ship
| chandlery. paints railways and mills supplies.
| and in supplies Of merchandise, food refresh
ments for ships; to engage in the business OF
! buving and selling goods, wares. products and
| merchandise as principal or agent or both, and
| TO act as general selling agent; to import and
export goods. wares. produce and merchandise
| of every description and kind. and part-
| cularly to act as agents and brokers lot the
/ selling on commission or otherwise OF Inc
said goods. wares and products; and in con
uectiou herewith. to engage in general bust
ness at wholesale and retail. as principal or
agent or both in all lines of hardware, fur
nishings and supplies for ships, ship yards,
painters, mills, railways and all other things
Of similar character. and to carry on the
business Of the corporation IN louisiana ana
| in all the United States and IN foreign
countries; and generally to do and perform all
things pertinent and incident and which may
be proper and necessary to carry out ana
execute the objects and purposes hereinabove
enumerated
/ ARTICLE IV-The capital stock of this
corporation is hereby fixed at the sum OF
Twelve Thousand Five Hundred (Sl2,5OOO
Dollars, and shall be divided into and re-
presented by one hundred and twenty five
Q25D shares of common stock, OF the par value
of One Hundred ($l0.0O) DollareS each SAID
stock shall be paid for in cash, or by property,
or service actually rended to the corporation
or other equivalent Of cash as provided by
law and in such manner and at such times
and in such installments as may be pres
i cribed by the Board of Directors. This cor
poraton shall become a going concern and
shall be authorized to commence business as
soon as fifty per cent of its capital stock
of all stock subscribed for shall in fact have
been paid for either in cash or its equivalent
| ARTICLE V.-The capital stock of this cor
poration may be increased to the sum OF FIFTY
. Thousand (S50,OOO.O0) Dollars by vote OF two.
thirds of all the stock present or represented
, at a special meeting called for that purpose or
| at regular annual meeting OF the corporation.
; ARTICLE Wall certificates of stock is
l sued by this corporation shall be signed by
the President and countersgned by the Vice.
, | President, if authorized by resolution Of
the Board OF Directors shall be signed by the
, President and countersigned by the Secretary
and Treasurer. The stock of this corporation
can be transferred only on the books OF the
corporation and subject to such regulations
and formalties may be by the Board OF
7 Directors form time to time prescribed. No
. Stockholders shall be permitted TO sell or
E otherwise dispose OF his stock without hTSt
5 offering the same in writing to the other
= stockholders through the Board of Directors
at a price not exceeding the book value
! thereof; and said stockholders, IN proportion
u to their holdings, shall have an option and
| first right to purchase all the shares OF STOCK
. 10 he thus disposed of by sale or otherwise OF
4 any Of the stockholders, and shall have d
, | period Of ten days in which to accept or de
l. cline said offer. Should the stockholders de
cline to purchase said stock, then such stock
l. holder is at liberty to sell or dispose OF th'
| stock, and may do so in any manner and
stock is issued hereiuupon the condition an'
$, understanding that no stakeholder shall sci
u or otherwise transfer his stock IN violation
, hereof, and any such sale or transfer II mad
,. shall be void, and this corporation shall b
, under no obligation to list said stock Oh 1t
- books or to regard the holder Of the certfIcat
thereof
4 ARTICLE VII.-The corporated powers o
- this corporation shall be vested in and exer
h,y pf fpiYr o
whom shall constitute quorum for the tran
saction Of business. The directors OF tn
D corporation may vote IN person or by write
or Geographic proxy at any OF the meetings. o
the Board OF Directors; and the Board o
Directors may delegate any OF its powers t
i anv officer or officers any other repre-
" sentative of the corporation by appropriat
~ resolution to that effect.
ar The first Board Of Directors OF this cor
ID poration shall be composed Of the following
q Marco A. Pizzati, George F. Goodspeed, Cap
= Antonio De Zalduondo, Charles 5 Robinso
- with the following as officers: Marco 2
y Pizzati. President; Capt. Antonio ID
u, Zalduondo, Vice President; Charles ;. Ro-
- inson. Second Vice President; George /
~ Goodspeed. Secretary and Treasurer; and the
\ shall serve until the Second Wednesday /
4, January, 1920. or until their successors ar
OF elected and qualified The Directors snail .
OF elected annually at Il meeting held on IN
II, Second Wednesday OF January III N"N''
IS, after date hereof. Notice OF SAID meelIn
Sc Shall be given ten days prior to the dat
nd Of said meeting, in writing, sent by reg stere
as mail to each stakeholder at his last kno"
m, place OF residence. The Board OF Director
lr- may change the date Of said annual meet!f
rs to any other date, by written notice to nj
Fir effect sent at least fifteen days prior to !.
date 10 which said annual meeting shall
ia changed, directed by registered mail to ea'
- stockhoder at his last known place OF res
,tta dence Each stockholder shall, at sueh a
-. nual meeting or other meeting general
telegraphic proxy to one vote for each sha
d Of stock owned by him. The election sha
VI, BE- held under such rules and regulations
nav be from time to time determined by I
-, Beard Of Directors. The Directors WIN
u. elected shall hold office for one year or un
.be;- successors shall have been elected a
-. qualified and failure to hold the annual me,
al ina of stockholders or to elect annual