The herald. [volume] (New Orleans, La.) 1905-1953, 1920-03-04
CHARTER.

| Nlh'NN III thN NlN''.
3 TO dchydrate vegetables. fish or any
marine products Shrrdding or manufactur-
ing same in any form. TO manufacture cans.
print labels or other matter, and 10 do
every thing 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
and grounds or waters thereto required. to
provide for any manner OF transportation
| of it, products. coming or going, to own
! refrigerator plants or cars, warehouses; to
Manufacture ice and any other products
such business may at any time require in
| general to have unlimited right TO cStab-
/ liSh. operate, promote and increase its
! business. in any branch. relating to the
packing, canning or fishery business.
! ". The capital stock Of this corpora
| ton is hereby fixed at the sum of twenty
! five thousand dollars divided into shares
] as follows. Gregg Antioch, Biloxi Miss,
20 shares. =. II. Clark. Biloxi, Miss, 10
/ shares; Luka Kulji>, Biloxi, Miss, 10
| shares. Peter Sscrm"tJa. Biloxi Miss, 10
| shares: MarkO Skpruetta. Biloxi. Miss. 30
shares. fully paid in. in cash and property,
being the property purchased by incorpOr-
atOrS from American Packing Co. the can
| ming plan; and apnurtenanccS, camp build
| ingS, and the fishing schoOncrS Henry
Clark. ocean Queen Lily Rose, Wonder and
! Marvel, for which the sum OF twenty
thousand dollars WAS paid and which is
| appraised and iHv"ntOricd by appearcrS, aS
they declare, at the full value of twenty
i've thousand dollars and il accepted in
payne of all stock 10y them subscribed
All transfer of stock shall BE- made only
on the books of the corporation, with its
consent, and according to the rules TO be
provided therefor ny the board of directors.
Stockholders shall Toe required 10 oTer
Sto, k for sale. first TO the corporation and
II shall have thirty days from date OF offer
in which 70 purchase or reject same. ANY
sale without such option. shall be invalid
and no pledge Of stock shall be binding
nPon the corporation. The Board of hi
rcCtOrS. or any member thereof when prom
crly authorized by the corporation shall
sell or purchase for it. any kind of prop
erty The board shall issue stock to sub
ScribcrS and any new issues of stock shall!
be first offered TO the old stockholders in
the proportion of their holdings.
V All the powers of this corporation
shall be vested in and exercised by its
board of directors. who shall have all the
powers usual to their offices. and who shall
manage its business Tn" board of dreC-
tors shall consist of not less than three,
nor more than rVe stockholders. a majority
Of whoGq shall constitute a quorum for the
transaction Of business. They shall be
elected 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
el", ton 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 management until legal
~ displaced. GPOn due call and by ma
lOr!ty vote, stockholders shall have power
10 remove directors and MI vacancies. The
first board of directors shall be the fol-
lowing together with their official titles
and every succeeding beard shall be sim
ilarly titled: Gregg Antioch. president
/. III. Clark, secretary and treasurer: Luka |
kuljiS, vice president. all residents of
Biloxi. Miss, and annual meetings shall
be held 1t CD Ibcrville street. New Or
leans, subject to Art. ii 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 he 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 proxy shall |
vote for every share. Failure to
elect officers or directors will noI dissolve
this corporation. Vacancies on the board
may be filled by the directors ad interim
Every power granted by law to CORPORA
lions are taken hereto whether or not
herrln set out and the directors shall ex-
erciSe all such lawful powers
VI. This act of incorporation NAV he
amended upon majority vote, by notariaI
act. The corporation may be prcmaturely
dissolved. upon majority vote. and the
stockholders shall name three liquidators
and define their powers and condensation
VINO snail hquidate its affairs, pay its obli-
cations and prorate its assets among, the
shareholders according To shares:
VII. Legal service shall he 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 |
ana sell stock, bonds, shares or mortgage. |
securities or other property in other cor
porationS. or from any individual firm, as
sociation. political or otherwise and ex-
nrciSe all the rights. powers and privileges
legally incident TO such ownership, includ.
ing voting rights i'll 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
Tue on shares, or other evidences of in
lebtedneSS thereto, such as mortgages or
noteS or ordinary debts nor will any infor-
nality in this act invalidate il or expose
TOO kholders to any liability This act con
>tlluteS an original subscription list and ,
ne subscribers hereto. have written on
Doslte their names, their addresses and the
number of shares by them SUBSCRIBED and !
ieclare that they have. in their CAPACITY
IS appraisers, justly and truly appraised
he value of the property hereinbefore set ;
nut and which they have, accordingly ac- :
'epted as the property of this corporation =
n exchange for its stock, and as eduiya- ! !
ent to the full value of said stock and | :
nat same is an accurate and detailed de- {
eruption OF the property, valued, appraised :
md accepted by them. !
IN. This corporation shall have power (
o issue stock for all property or other I
tock ana for services rendered and for 7
my legal consideration and with power TO !
ell same on terms or promissory notes {
tut only after such consideration shall {
AVE been received by the corporation. 1
y. This corporation reserves the power O
M privilege, after due mandatory act to ).
ncrase the capital stock to the sum of !
ne hundred thousand dollars.
Thus done and incorporated at nv office u
II lberville street. New Orleans. on the =
ate aforesaid, in the presence of Oscar z
'ilman and John Pierce, two competent. :
eSldent witnesses. who with said appear- .
RS, and me, notary sign hereto in witness Z
hereof !,
witness. o. Pilmer. John Jierce. Incor- V
orators, GREGG Antioch, Biloxi Miss y
fly shares; p. ii. Clark, Biloxi, Miss, q
y shares; Peter Skermetta, Biloxi. Miss. q
fty shares; Mako Skermetta, Biloxi. Miss. fl
fly shares.
JOSIAH GROSS, Notary Public. C