The herald. [volume] (New Orleans, La.) 1905-1953, 1919-08-21
CHARTERS.

personal or mixed, corporeal and lnCOrpore4l;
10 issue bonds and. if desired. to secure same
by mortgage; to hold stock IN other companies;
t. name and elect officers and directors; 70
make and establish, alter and amend bylaws
rules and regulations for is proper govern
ment, as may he 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 Louisianua; and service OF process
shall be made upon the President, or, in his
absence, upon a Vice 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 are declared to be follows:
To engage in 4 general ship chandlery, fur
nishing and supply business As principal
and agent; to engage in the business OF
buving. selling. and dealing generally in,
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
Chanilery, paints railway and mill : supplies,
and in supplies Of merchandise, food, refresh
mcnts for ships; TO engage in the business OF
buying 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 parti-
cuarlv to act as agents and brokers for the
selling on commission or otherwise OF the
said goods wares and products; and in con
nection 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
., I al
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 and
execute the objects and purposes herelnabove
enumerated
ARTICLE V.-The capital stock OF this
corporation is hereby fixed at the sum OF
Twelve Thousand Five Hundred CSl25DOO
Dollars, and shall be divided into and re
presented by one hundred and twenty five
Q29l shares OF common stock, OF the par value
OF One Hundred $4,000 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 lnStslments may be pres
crlbed by the Board OF Directors. This cor
poratlon shall become going concern and
shall be authorized to commence business as
soon as fifty per cent OF its capital stock
snail
of all stock subscribed tor shall IN tact nave
been paid for either in cash or its equivalent.
ARTICLE N.-lhe capital stock OF this cor
poration may be increased TO the sum OF Fifty
Thousand ($50,OOOOO) Dollars by vote OF two
thirds OF all the stock present or represented
at a special meeting called for that purpose Or
at a regular annual meeting of the corporation.
ARTICLE Wall certificates OF stock is
sued by this corporation shall be signed by
the President and countersIgued by the Vice
President, or If authorized by resolution OF
the Board OF Directors shall be signed by the
President and countersgned by the Secretary
and Treasurer. The stock OF this corporations
can be transferred only on the books OF tho
corporation and subject TO such regulations
and formalities as may be by the Board OF
Directors form time to time prescribed. No
stockholders shall be permitted to sell OF
otherwise dispose OF his stock without flTst
offering the same in writing to the other
stoc kholderS through the Board OF Directors
at price not exceeding the book value
thereof; and said stockholders, in proportion
to their holdings, shall have an option and
| first right to purchase all the shares Of stock
| to be thus plspoSed OF by sale or otherwise Of
| any OF the stockholders, and shall have
period of ten days in which 10 accept or de-
| cline said offer. Should the stockholders de
| cline to purchase said stock, then such stock
holder is at liberty to sell or dispose OF the
| stock, and may do in any manner and at
any price he may deem fit Each share OF
| stock is issued hereinupOn the condition ana
| uuders standing that no stakeholder snail sell
| or otherwise transfer his stock in violation
hereof, and any such sale or transfer II made
shall be void, and this corporation shall De
under no obligation TO list said stock on Its
books or to regard the holder Of the certificate
thereof.
ARTICLE VII.-The corporated powers OF
| Shal he ted
cised by a Board of four Directors three oil
| whom shall constitute a quorum Tor the tran
| saction of business. The directors OF the
corporation may vote in person or by written
| or Geographic proxy at any OF the meetings. OF
| the Board OF Directors; and the Beard OF
Directors may delegate any OF ITS powers 70
any officer or officers or any other repre-
| sentative OF the corporation by appropriate
resolution to that effect.
The first Board of Directors Of this cor
poration shall be composed Of the following
| Marco A. Pizzati, George F. GOodspeed, Capt
Antonio De ZalduOndo, Charles ). Robinson
with the following as officers: Marco A
Pizzati, President; Capt. Antonio DE
Zaltuoudo Vice President; Charles ). Rob
inson, Second Vice President; George +
Goodspeed. Secretary and Treasurer; and they
shall serve until the Second Wednesday II
| Tanuary 1920, or until their successors are
elected and qualified. The Directors shall be
elected annually at meeting held on the
Second Wednesday of January in each yea'
after date hereof Notice OF said meeting
shall be given ten days prior to the date
Of said meeting. in writing, sent by registered
mail 10 each stakeholder at his last knowr
place Of residence. The Board OF Directors
NAV change the date Of said annual meetin.
70 any other date, by written notice to tina
effect sent at least fifteen days prior 10 th'
date 70 which said annual meeting shall b
changed directed by registered mai! 10 eaci
stockholder at his last known place OF RESI-
dence Each stakeholder shall, al such an
nua meeting or other meeting general o
telegraphic proxy to one vote for each snar'
of stock owned by him. The election shall
he held under such rules and regulations a
NAV be from time 10 time determined by tn
Board OF Directors. The Directors whe'
elected shall hold office for one year or unit
their successors shall have been elected an
,, qualified and failure to hold the annual meet
ing OF stockholders or to elect annual