The herald. [volume] (New Orleans, La.) 1905-1953, 1920-11-04
CHARTER.


stock shall be made only on the books O.
the corporation, with its consent and ac
| cordingf TO rules to be provided therefor
and all stock shall first be offered TO the
corporation, who shall have thirty days Il
! wise shall be valid OF binding upon the
! buy or refuse the same and no sale other
! corporation.
The Board of Directors or any member
| thereof, when duly authorized by resOlu'
! ton, shall buy or sell property or other.
/ wise dispose of or receive any property
/ The Board shall issue all stock to sub
! scribers after first having offered 1t To old
| subscribers in the proportion Of theiI
holdings.
ARTICLE V.-All the powers of this cor
poratiOn 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. The Board
of Directors shall consist of not less than
three, nor more than five shareholders, u
majority OF whom shall constitute quo
rum for the transaction of business. They
shall be elected annually ut meeting Of
stockholders, i'll person or by proxy, on the
Third Monday OF February. And, until the
annual election on said date III the year
1921, those hereinafter named shall be its
officers and Directors and shall hold office
until their successors have been elected
and indicted into office.
Upon due call and by majority vote
stOC khOlderS shall have power to remove
officers and directors and to I'LL vacancies.
me uFSt BOdru OF directors snail De as
follows and officially designated and
every succeeding Board shall be similarity
constituted. GregO Antioch. President (;
John Maryor, Secretary and Treasurer
john Skermetta, ce-president; Jake
Eosetti, Member of Board; Bles Million,
Member of Board.
All residents of Biloxi, Mississippi. and
subject To Article ii of this charter, an
nual meetings shall be held at 6l2 her
vile ST.. New Orleans La. The following
are the iuCOrporators: Gregg Antioch,
Mrs Mary Antioch. Jake ROsetti. John
Shcrmetta, John Maryer, Vincent ROsetti,
Mike huliyan, Frank BoSarge, and NlOchO
Million. all of Biloxi, Miss.
The Board of Directors, may at its pleas
ure, elect or appoint other officers, desiE-
nate their duties and nN or raise salaries.
All elections shall be ballot supervised by
two commissioners. notice whereof shall
be- given in writing TO all stockholders
fifteen days prior thereto. Every stock
holder shall vote one vote for every share
OF stock. Failure TO elect shall not dis
solve corporation and vacancies occurring
interim. snail be nlled by the Board q.
Directors. All powers usual to corpora
tiOns whether or not herein set out shall
iuUre TO this. This act may be amended
by notarial act. At dissolution, the Board
shall settle all obligations and prOrate
assets TO shareholders according to every
share held.
ARTICLE VI.-Legal service shall be
made on any officer or in lieu thereof,
on any member of the Board of Directors.
ARTICLE NlI.-This corporation may
hold stock in other corporations and ac-
quire from any corporation, Individual
or municipality, have all rights in-
cidcnt to such ownership, includ-
ing voting rights in other COrpOr-
atoms, and other corporations shall
own stock in this. No stOckhOldeF shall
ever be liable for the faults or contracts
of this corporation, in any greater sum
than the unfaid balance due on shares, or
other evidence of Indebtedness thereto, nor
will informally in this act inyalidate ii or
expose stockholders TO any liability there
for.
This act constitutes an original subscrip-
ton list, and the subscribers hereto have
written opposite their names the shares
they subscribe, have appraised all prop
erty accepted by them and have qualified
in payments to comply with all laws.
This corporation reserves the right. to
Increase its capital stock TO one hundred
thousand dollars. 1t shall have power to
issue stock for all property received by il
or for services rendered and may sell same
for cash or on terms.
Thus done and Incorporated at my office,
BIZ lberVillc ST., New Orleans, La, in the
presence of J. V. Hogan and Mrs. NJ. Anti
cich, competent, resident witnesses. who
with said appearers sign hereto with me,
Notary, after reading.
Witnesses: j. V. Hogan, Mrs. NJ Anti
ciCh.
JOSIAH GROSS,
Notary Public.
l. the undersigned Recorder of Mortgages
in and for the parish of Orleans, State of
Louisiana. do hereby certify that the above
ana foregoing Act of Incorporation, of the
Biloxi Packing and Trading Co., Inc, was
this day duly recorded in my office, in
Book 1916, Folio 2S6.
New Orleans. September %, 1920.
EMILE j. LEONARD, by. K.
a true copy.
JOSIAH GROSS,
Sept. 30Noy. 4. Notary Public, |