The herald., 1920-07-22
CHNRTER OF OYSTER SHELL PROD
ICT~ CORPORATIONS. I>C.

| Tlf"d States OF America. stat" OF Lon
i~iana Parish Of orleans. CITY Of New Or
leans. H.. IL known. thar on this l2th day
of the month OF july. m tn" year of our
Lord. on" Thousand nine hundred ana
twenty. and OF the independents" of M"
United States of America the ON" hundred
and fort. fifth Ivfur" me. scott J.. Beer.
- Notary Public. ia and for the Parish Of
Orleans. state of Louisiana. aforesaid.
therein residing. duly commissioned. sworn
and qualified, aud iu the pr'~"u," of the
I witnesses hereinafter named and under
! signed Personally cam" and appeared
/ the several persons who's" names are here
/ unto subscribed. who ~cvrrHlly declared
/ that. awaiting Themselves Of the provisions
/ of the laws Of the State OF Louisiana in
/ such Cl~,'S mad" and provided. and par
/ tirularly uI the provisions of Act No. ~,
of the Acts Of tn" General Assembly of the
4 State of Louisiana for the year 1911. they
have cOyruHut"i and agreed and do by
! th"-" presents covenant and agree and
J bind themselves. a~ well a. all such per
| sons a. may hereafter Join or brcoIur as
! >OciHted with them. to constitute aud form
! "a corporation aud body polite in law. for
/ the objects and purposes and under the
articles ANA StlpUlitlOn~ hereinafter set
I forth and expressed. which they hereby
adopt a. ia" Charter of this corporation.
/ tO-wit.
/ ARTICLE l.. The name and Styl. of this
! corporation shall d" 10y STER SHELL
/ PRODI.tTS 'ORPORAIIoN. Inc and
under it, said corporate name il shall have
! and enjoy corporate. existence and success
sion for the full term aud period of nine
y-uiur years from and after the dat,
| hereof; it shall have power and authority
70 contract. size and b" sued. to make aud
7 ne, q corporate seal. and th. same to alter
and break az pleasure: To- hold. receive
lease. purchase and CONVEY. a. well as
mortgage and hypothccHtc. property. real
personal and mixed. corDorrul and incor
pureaI, 10 name ana appoint such man
ayers. agents. directors and Officers ~ il,
business. interest aud convenience" may re-
puir". and to make and establish. as wei
a> alter ami amend from time 10 time
I such 10y laws. rules and regulations for tn,
proper government of the affairs of sale
corporation as may he necessary an,
proper.
ARTICLE 1.-THE domiciIe OF this cor
pOratiOn shall be in the city of New or
leans. state of Louisiana. ana all citations
or other legal process shall b" served upOl
tn" President of said corporation or. in tn
event of his absence. upon the Vice Prcsi
, dent thereof. and. in the absence of boil
I OF Sald officials. upon tn" S"cretar.
. thereof
! ARTICLE HI.-The objects and pur
poses for which this corporation is organ
, lied and the nature of the business to b
, carried on by II are hereby declared to be
p To acquire, gather. treat, grind and other
, wise make use of oyster shells and lik
? products of the sea and other waters am
, to sell the same and their by-productS: {
? acquire. lease. mortgage. pledge and SCI
: real and personal property. includin
I dredgcS. tugs. >COwS and other floatin
equipment. to operate dredges. tugs. ScOw
and other floating equipment and to max
? contracts for Tn" hire of the same; to pur
= chase. hold. sell. mortgage. or pledge. o
: otherwise dispose of shares of the capita
0 / stock of any other corporation or corpora
e tionS, and. while owner of said stock. {
r exercise all rights. powers and privilege
2 of such ownership. including the right I
! vote thereon: and generally to do all sue
: things a. may be incidental to or con
!; nected with the business contemplated i
i this charter.
r ARTICLE IV-The capitaI stock of tbi
I corporation L. hereby fixed AT the sum
e ! twenty thousand dollars 100000. OO). Iii
8 vided into and represented by two hundre
l shares of stock. of the par value of on
: | hundred dollars tSlUOOOD each. Said Stoc
: shall he paid for in cash, at such time.
= such amounts and after such notice to th
!, subscribers a. may be fixed by the Boar
- of Directors. or the same may be issued ,
- not less than par for labor done or proI
. crty actually Received by the corporation
>. This corporation shall become q gOin
/, concern and be authorized to do buSine,
=, when ten thousand dollars (S1OOO0.OO)
70 its capital stock shall have been subscribe
J. and paid for.
q The amount to which the capitaI sto,
ID of this corporation may he increased Sha
r be the sum of one million dOlla
sc Isl, 600 OOO0O)
81 ARTICLE v.-All the corporate powe
of said corporation shall be vested i'm al
10 exercised by a Board of Directors cor
IL posed of five stockholders a majority
"a whom shall constitute quorum. Sa
10 directors snail u" elected annually on q
al first Monday in January in each year. q
~ cept the first Board appointed in this cha
1r ter. who shall hold their offices until q
i'm first Monday in January. 1921
ID MI such elections shall he held by ball
,e and conducted AT the office of the sa
ne corporation. under the supervision of thr
commissioners To be appointed by [
Board of Directors.
OF Notice of such election shall be given
IN the Secretary of the Company by writ
Us notice thereof delivered personally or
OF depoSiting same in the pOStoffice. proper
Ie addressed. to each stakeholder at lea
III fifteen 10 days preceding such election
u, At all such elections and at all corpora