The herald., 1920-08-12
CHARTER OF GULFPORT FRUIT 4
STEAMSHIP COMPANY, IN
CORPORATED.

United States of America. State of Lou
isiana Parish of st. Tammany. lie IL
known, That on this 18th day OF August.
a. ID. 1920, before me. Benjamin Miller;
a Notary Public. duly commissioned ana
sworn in and for the Parish OF st. Tam
many State of Louisiana, therein residing
personally came and appeared the persons
whose names are hereunto subscribed, VINO
declared that availing themselves OF the
laws of the State of Louisiana, relative
TO the organization of corporations. they
have covenanted and agreed and by these
presents do covenant and agree 10 Dlhu
and form and constitute themselves as
well as such other persons who may mere
after Join or become associated with them,
into corporation and body polite IN
law, for a period OF ninety nine years, ana
for the objects and purposes ana under
the agreements and stipulations follow
ing, to-wit:
ARTICLE 1.-The name and style of this
corporation shall be "Gulfport Fruit q
Steamship Company, Incorporated, and
its domcile shall be in the City OF New
Orleans, Parish OF Orleans, State of Lou
isiana All citations and other legal pro-
cess shall be served on the President. and
| in his absence, on the Vice President ana
| in the absence of both, on the Secretary oil
| Treasurer, and in the absence of all OF
| such officers, in the manner provided Dy
| the laws of Louisiana. -
ARTICLE 1.-THE objects and purposes
| for which this corporation Is established
| and the nature OF the Dusiness W W Cdi
ried on by it are to build. equip, own
| lease. charter. operate buy and sell ship
| and vessels Of all kinds, In coastwise o.
| foreign trade; to engage in the bushes
| of forwarding or shipping agents; to bu!
| and sell and to import and export frult
| vegetables and products of all kinds {
| buy, SELL own and operate plantations ant
farms for the raising of fruits, vegetable
| and all products of the soil. both in IN
| State Of Louisiana and elsewhere; to pur
chase, acquire construct lease and oper
ate terminals or landings, and general
to engage in any business convenient o
necessary or incident to, or connecte
with, the operation of the business an
industries above mentioned.
| ARTICLE III.-The amount or the t.
tai authorized capital stock of this col
poration is three thousand $1,000 share
, of which amount one thousand (lOO'
shares of the par value of one hundre
dollars ($1OO.O0) each, amounting TO OF
hundred thousand dollars 'sloooo0V
shall be preferred stock; and two thou
and e OOO) shares of the par value OF OF
hundred dollars (S100.O0) each. amountiT
to two hundred thousand dollars lS2U
, OOC.OO), shall be common stock. Said pr
e ferred stock shall entitle the holder ther
of to receive out of the net earnings, al
4; the company shall be bound to pay,
!, fixed cumulative dividend at the rate
g eight per cent (s%D per annum, payat
: | quarterly, half yearly or yearly, as
: Directors may from time to time deter
: inc before any dividends shall be
r apart or paid on the common stock. L
d holders of preferred stock shall. in case
II liauidation or dissolution Of the compaI
~ be entitled to be paid in full, both
,e principal Of their shares and the accru
IT dividends charged, before any amo'