The herald., 1920-08-12
CHARTER.

shall be paid to the holders OF TIA" gen .
cral or common stock. said preferred I
stock shalt ne subject to redemption at /
on hundred and twenty fiv" dollars 4.
t$I2IlUOt per share and accumulated dIvI- /
drudN unpaid at IN" time ol redemption. /
or any dat" of payment OF preferred STOCK /
Dividends ur at such other times cor ia such /
other manner as the Board of Directors .
may determines after three years from the /
issue thereof The holders Of preferred 4
stock shall not 10y reason at their h"lb. /.
ugS thereof h" entitled to vote at u.. !
iugS of stockholders. IN" voting power h". .
Ing vested Exclusively ia tho holders OF .
the common stock. Til" capital stock OF .
th" corporation may %" increased. from .
time, to time 10y amendment 10 this char. .
ter. ia accordance with law. {" To" sum OF
one million dollars tNloN.u"NN"i or any .
part of such sum. to 10" represented Toy .
preferred stock or common stock. in such +
amounts and upon such terms as the stock 4
holders may determine. aud 40 1y'uraau'r
with law. Shares of stock shall b." req.
resented 10y certificate, signed Toy the
President and Secretary.
Article ~. The affairs of the cor
p"rItioU shall hr managed Icy "a Board 90.
Directors. composed of NOT l"~~ than
holders. who shat! bee elected an.
nuully 10y ballot. at stockholders
meeting 10 be- held "u IN" second N"du'~-
day of August in each year Tor. II ih"I q
fail on legal holiday. then "u lh" u"N
secular day following. th" first m'"iin-
/ of th, stockholders to be- held on Nedur~
DAY. August llth. 1870. at thu ono" 81 lt'
/ COMPANY in the city Of New orleans. l.a..
I az eleven O'clock 81. M. and no such n''i
+ iu- the Directors of Ga" Company shall
/ h, elected. and such Directors OF the Com.
/ uauy shall proceed To elect. az each OF >Ild
| uI,t.fiuLr~ a President. one or NOR" l'"
| PRESIDENTS q Secretary and Treasurer.
| The same person may be- both Secretary
! and Treasurer. or "a Vie" President ana
Secretary or Treasurer. Any IulnF" ~"
r elect Directors annually shall not dissolve
/ thu. CORPORATION. hut IA" Directors then lu
/ Office Shall continue tu serve uulN their
succ,.~~ur> shall have been duly elected
aud qualified. Any vacancy on ia" Hoard
of Directors. occurring 10y death. r">i@na
/ tiuu or othcrU i~o. shall Ice filled 10y tn" re-
naming Directors. Stockholders meet
iug~ may h" held when ordered lay IN"
Board of Directors and shall b" held ar the
. request of the holders of twenty -tN" per
cent of IN" outstanding common stock,
| Notice of all stockholders meetings. other
. | than adjourned meetings. shall b" given
+ 10y written notice To each >to' kh"ld"r
. / through the mail. at his last known ad
dress AT least fifteen tlI) days hrtor'
such meeting. Each stakeholder shall he
! entitled to one vote for every share al
common stock owned 10y him. With th'
: written consent of all the Directors, Nall'
! meetings of Directors may be- held out
side, the State of Louisiana. or within III
+ Stat" of Louisiana "l>"wh"r" than al the
To dumicile of the corporation.
ARTICLE N.-ThiS charter may b'
= amended or this corporation dissolved 10y
Il two thirds vote of the outstanding stool
al a stockholders meeting called 10y tn
Board of Directors after having given no
! tee to each stakeholder, in writing. stat
% ing the purpose for which said mcctin!
!. j. called. at least fifteen days betor" Sucl
r meeting. and deposited i'll the po>totilr'
z addressed TO his last known address. Ii
a ! case of dissolution, the Board of Director
., shall act as liqudatorS.
ARTICLE VI.-The Board of Director
: shall have the right to employ and dis
! al n dim
y laws for the general management q
!, ! the corporation, and can amend the sam
:, | at their pleasure.
II ARTICLE VII.-This corporation shall
: enjoy all rights and privileges granted b.
- law to corporations. and snail use Il cor
a porate seal Ii shall have power to con
II tract, sue and be sued in its corporal
n name. to hold, receive. purchase, convey
mortgage. hypOtheCate or pledge proper
ty both real and personal. 1t shall hay
! power to establish branches in the Stat
u of Louisiana, and elsewhere.
i ARTICLE VIII.-The names and posi-
~ office addresses of the subscribers Of thes
=, | Articles of Incorporation, ami the numbt
= of shares in the corporation which eac
of them agrees TO take, are as follows
- | Here follows names Of subscribers an
ra amount of stock subscribed)
ARTICLE IN-No stakeholder shall
an liable or responsible for the contract
a faults or debts of said corporation, M
=, shall any infOrmality in its OrganilatiC
- have the effect of rendering thiS cOrpor
a. tion null or exposing stakeholder TO al
as liability. beyond the unpaid balance of h
~ subscription TO the stock of this corpor
- | ton.
Thus done and signed at my office
Of | CovingtOn, the day. month and Le
| first above written, in the presence OF
:. Sandoval and Sadie \. |.aUche, compete
in | Witnesses who have signed the same wi
| said appcarers and me. Notary, after rea
~ | ing of the whole.
n. A. X. Uranga and Others.
res Witnesses: G. Sandoyai. Sadie a. Larcl
ue BENZ. NJ. MILLER, Notary Public
/ certify the above and foregoing To he
> true copy of the articles of incorporate
of !iulfport Fruit & Steamship CompaI
Incorporated, recorded in the office OF I
Ar- rircuFder of Mortgages for the Parish
Orleans, Louisiana. in Charter Book, pa
TT BENZ. NJ. MILLER, Notary Public
rs, Aug. l2-Sept. 16.
lat