The herald., 1920-03-18
CHARTER.

business in any wise.
3 TO dchydrate vegetables fish or any
marine products shredding or manufar;ur-
ing same in any form, to mauUfactur" cans.
| print labels or other matter. and 20 DO
everything that the natur" Of the business
may require whether or not herein set out.
/. 70 own trade names and trademarks.
! patent rights and any privileges usual 10
such business. To lease u>hiu- rights
| and grounds or waters thereto required. to
| provide for any manner 81 transportation
of its products. coming or going. TO own
| refrigerator plants or cars. Warehouses. TO
Manufacture ice and any other products
! such business may AT amy time require, IN
general. to- huy" unlimited right 10 cNtab-
/ liSh. operate, promOt" and increase its
/ business. in any branch. relating 10 the
! packing. canning or fishery business.
~. Tn" capital stock of this corpora
| ti"n l. hereby fixed at the sum of twenty
! iiy" thousand dollars divided into shares
as follows. Gr"go Antioch. Biloxi. Miss.
! ~ ShHr"~. +. II. clark. Biloxi. Miss. -
shares: l.ukI Kuiji>. EiIo\i. Miss. -
! shares. Peter Skrrmrtta. Biloxi. Miss. ~
/ shares, Mdrko Sk"rm"tta, Biloxi. Miss. -
shares. fully paid in iH cash aud property.
being m" property purchased hy iucOrpor-
atorS from American Packing 60. the con
| ming plans aud ap?uTt'uanc">. camp build
iug~. and IA" fishing ~rhooU'r~ Henry
Clark. ocean Queen. Lily Rose. Wonder and
/ Marvel. for which the sum OF twenty -tIy,.
4 ~
/ app raised aud iuyrntOri"d toy app"arrrS. a.
| they d".larr. al the full value Of twenty
| five thousand dollars and il accepted in
! pay m"ut 81 all stock 10y them subscribed.
! All transfer of stock shall d" made only
! on tn" books Of the corporation. with it,
consent. aud according To the rules to be,
Ipr"yid"d therefor by The board of directors.
! Stockholders shall b" required to otter
| stool for Sal" first To tn, corporation and
Iit shall HAY" thirty days from date OF Offer
| In which 10 pur,haS. or reject same ANY
/ al, without such option. shall be invalid
and no pIrdg, of stock shall be- binding
upon tho corporation. Tn" EOdrd OF III
rrctnrS or any member thereof when prop
! "rly authorized 10y the corporation. shall
! sell or purcha>" tor it. any Kind of prop
| >rrih"r> aud any new issues of stock snail!
be first offered 10 the old stockholders in
the proportion of their holdings.
V. All the powers Of this corporation
| shall b." vested ia aud exercised 10y its
hoard of directors. who shall have all tn.
Ipowcr> usual to their offices. and WHO shall
| manage its business. Tn" board Of dire
tors shall consist of not less than three
nor more than five stockholders. a ma jority
| Of whom shall Con>titut" a quorum for IN"
| Transaction of business. They shall he
! elected annually. at meeting of the
| stock hOlderS. or their proxies. on the fol
| lowing date: ON the third Monday OF
| February of every year. And, until the
"le, ton one year from said dat" in the
| wear 1921 the officers hereinafter named
shall manage it, bus inp>S until their sue
c">SOTs have been elected and qualified and
| all directors shall. in any event. hold Of
| tic" and continue management until legal
| ~ displaced. Upon due call and by a ma
iurity vote stockholders shall have power
| to remove directors and nil vacancies. The
/ first board of directors shall be the fol
! lowing together with their official titles
/ ana every succeeding board shall be- sim
| L., V.VT ii -.
! l.. H. clark. secretary and treasurer; Luka
kuljiS, vice president. all residents Of
j Biloxi. Miss. and annual meetings shall
| be- held 1t Gl2 lhcrville street New Or
leans. subject 20 Art. II of this charter.
| The board Of directors. may AT pleasure
| elect or <rpOint other officers and deSig-
| nate their duties. or combine the duties of
any office and fN. raise or reduce the sal
| aTy thereof. All elections shall he by bal
| lot, at the office of the corporation. under
the supervision of two cOmmiSsiO
| 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 iittc"n 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
similarly vote for every share. Failure to
elect officers or directors will mott diSSOlve
| this corporation. Vacancies on the board
| may L." filled by the directors ad interim
| Every power granted by law to CORPORA
| tons ar" taken hereto. whether or not
| herein set out and the directors shall cN-
erriS" all such lawful powers.
VI. This act of Incorporation may be
amended upon majority vote, by nOtarial
act. The corporation may be prcmaturely
| dissolved upon majority vote and the
stockholders shah name three liQuidatOrs
| and define their powers and cOmpen Sation.
who shall liquidate its affairs. pay its Obi-
| cations and proratr its assets among the
| shareholders according to shares.
| VII. Legal service shall be made on the
! president or in default Oh any member of
| the board of directors.
| Will 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
pOra'iOnS, or from any individual, firm, as
| ISOLATION. political or otherwise and ex-
crciSe all the rights. powers and privileges
| legally incident 10 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 he liable for the
| faults or contracts of this corporation. in
| any greater sum than the unpaid balance
| du" 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 invalidatc il or expose
St0, khOlders to any liability This act CON
| StltuteS an original subscription list and
| lHe Substitutes hereto, nave written
| poSite their names. their addresses and the
| number of shares by them SUBSCRIBED, and
| declare that they have. in their capacity
- 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-
scription 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
I6l2 lberville 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; L. ii. Clark, Biloxi, Miss,
ty shares; Peter SkerHetta, Biloxi. Miss.
nifty shares; MarkO Skermetta, Biloxi, Miss
nifty shares.
JOSIAH GROSS, Notary Public
fnr ar1