The herald. [volume] (New Orleans, La.) 1905-1953, 1920-04-08
CHARTER.

business in any wise
| To dehydrate vegetables fish or any
marine products Shreddng or manufactur-
ing same in any form, 10 manufacture cans.
print labels or other matter. and to do
everything that the nature of the business
may require whether or not herein set out
I. TO own trade names and trademarks.
patent rights and any privileges usual to
such business. To lease fishing rights
ana grounds or waters thereto required to
provide for any manner of transportation
| Of its products. coming or going. TO own
| refrigerator plants or cars. warehouses; to
manufacture L." and any other products
! such business may at any time require, in
general. To hdE" unlimited right to eStab-
hSh, operate. promote and increase its
business. in any branch. relating to the
packing, canning or fishery business
". The capital stock of this corpora
tiOn i hereby fixed AT the sum Of twenty
I'VE thousand dollars divided into shares
as follows. Gr"go Antioch Biloxi, Miss.
20 shares. =. II. Clark. Biloxi Miss, 80
shares, Luka kuljiS, Biloxi. Miss. -
shares; Peter Skcrmctta. Biloxi. Miss. -
shares MarkO Skermctta. Biloxi. Miss %
shares. fully paid in. in cash and property.
being ia" property purchased 10y incOrpOr-
ator> from American Packing Co, the can
ming plan; and ippurtenanCSS. camp build
ipgS. and Ia" fishing >rhOOn"rS Henry
CLARK. ocean queen. Lily Rose. Wonder and
Marvel for which the sum of twenty tive
thousand dollars WAS paid and which j.
iIpIraiScd and iHycHtOri"d by appcarcrS as
they declare. at the full value of twenty
five thousand dollars and is accepted in
Ipay mcnt of All stock by them subscribed.
! All transfer Of stock shall be- made only
ION the books of tn" corporation, with its
ironS"nt. and according to the rules to be
provided therefor by the board of directors.
| stockholders shall be required to otter
! stock for sale. first To the corporation and
/ il shall HAY" thirty days from date of offer
| in which 20 purchase or reject same. ANY
sale without such option, shall be invalid
and n" pledge of stock shall hc binding
upon IN" corporation. The Board of Iii
lrcctOrS. or any member thereof. when prop
crly authorized hy the corporation. shall
sell or purchase for il, any kind of prop
erty. The board shall issue stock to sub
>"rih"rS and any new issues Of stock sinai!
be first offered 10 the old stockholders in
the proportion of their holdings.
| V. All the powers of this corporation
shall b" vested in and exercised by its
board of directors. who shall have all the
IpOwcrS usual 10 their offices, and who shall
manage its business. Tn" board of direc-
tors shall consist of not less than three.
nor more than five stockholders. majority
of whom shall constitute a quorum for the
transaction Of business. They shall he
"'ted annually. at meeting of the
stockholders. or their proxies, on the fol-
lowing date: On the third Monday of
February of every year. And. until the
election one year from said date. in the
year 1927 the officers hereinafter named
shall manage its business. until their sue
c"SSOrs have been elected and qualified and
all directors shall. in any event. hold Of
nee and continue mana gement until legal
iy displaced Upon due call and by a ma
jority vote, stockholders shall have power
10 remove directors and fill vacancies The
first board Of directors shall he the fol-
lowing together with their official titles
ana every succeeding board shall be SIM
ilarly titled: Gregg Antioch. president
i. II. Clark. secretary and treasurer; Luka
kuljis, vice president, all residents of
Biloxi Miss. and annual meetings shall
he held At 6l2 Ibcrville street New Or
leans. subject TO Art. III of this charter.
The board Of directors. may at pleasure.
elect or appoint other officers and desig-
nate their duties, or combine the duties of
any office and fix, raise or reduce the sal
AIRY thereof. All elections shall be by bal
lot AT the office of the corporation. under
the supervision of two commissioners
named by the president and notice of all
meetings shall be given TO all stockholders
in writing and in person or by mail. at
least fifteen days prior thereto At such
meetings every shareholder shall vote one
vote for each share of stock in his name on
the books on that day. and a proxy shall
similarly vote for every share. Failure to
elect officers or directors will not dissolve
this corporation. Vacancies on the board
may be filed by the directors ad interim
Every power granted by law to corpora
tons are taken hereto whether or NOT
herein set out and the directors shall ex-
ercise all such lawful powers.
| VI. This act of incorporation may be
amended upon majority vote, by notarial
act. The corporation may be prematurely
dissolved. upon majority vote, and the
stockholders shall name three liouidators
and define their powers and compen sation.
who shall liquidate its affairs. pay its obli-
| cations and prorate its assets among the
shareholders according TO shares.
VII. Legal service shall be made on the
president, or in default on any member of
the board of directors.
VIII. This corporation may acquire by
purchase or exchange, hold, own, pledge
and sell stock, bonds, shares or mortgage
| securities or other property in other cor
operations, or from any individual, firm, as
ISOLATION, political or otherwise, and ex-
ercise all the rights powers and privileges
legally incident to such ownership, includ.
ing voting rights in any other corporation
And similarly, other corporations shall
legally own property in this corporation.
No stakeholder shall ever be liable for the
faults or contracts of this corporation in
any greater sum than the unpaid balance
due on shares or other evidences of in
| debtedneSs thereto, such as mortgages or
notes or ordinary debts nor will any infor-
mality in this act invalidate il or expose
StOC kholderS to any liability This act CON
stitutes an original subscription list and
the subscribers hereto, have written on
pOsite their names, their addresses and the
| number of shares by them SUBSCRIBED and
declare that they have, in their capacity
rs appraisers. justly and truly appraised
the value of the property hereinbefore set
out and which they have, accordingly ac-
cepted as the property of this corporation
in exchange for its stock, and as equiva-
lent to the full value of said stock and
that same is an accurate and detailed de-
lscription of the property, valued, appraised
and accepted by them.
IN. This corporation shall have power
to issue stock for all property or other
stock and for services rendered and for
any legal consideration and with power to
sell same on terms or prOmissory notes
but only after such consideration shall
have been received by the corporation.
y. This corporation reserves the power
and privilege, after due mandatory act to
Increase the capital stock to the sum OF
one hundred thousand dollars.
Thus done and incorporated at my office
612 1berville street New Orleans, on the
date aforesaid, in the presence of Oscar
Pilman and John Pierce, two competent.
resident witnesses, who with said appear
ers, and me, notary sign hereto in witness
whereof.
| Witness, o. Pilmer John Jierce Incor-
pOratOrs, Gregg Antioch, Biloxi Miss,
| fifty shares; Il. II. Clark, Biloxi, Miss,
| ~ shares; Peter Skermetta, Biloxi. Miss.
nifty shares; Mako Skermetta, Biloxi, Miss,
| fifty shares.
JOSIAH GROSS, Notary Public.