The herald. [volume] (New Orleans, La.) 1905-1953, 1921-02-10
CHARTER OF AMERICAN SEA FOODS,
INC.


the witnesses hereinafter named and un.
dersigned. personally came and appeared
the several persons hereinafter under
signed all of full age. who declared thar
availing themselves of the several laws of
the State Of Louisiana on the subject OF
the creation of corporations, they nave
covenanted and agreed and do hereby COW
enant and agree and bind themselves ana
such others as may hereafter become as
sociated with them to form and constitute
corporation or body polite in law, for
the objects and purposes, and under the
stipulatiOnS and conditions hereinafter
written. which they do hereby adopt as
their articles of incorporation or charter,
to-wit:
ARTICLE 1.-The name, title and style
of this corporation shall be American Sea
Foods. Inc. and under its said corporate
name II shall have and enjoy corporate eN-
iStence and succession for a period ana
term of ninety-nine (9s) years from and
after date of this act unless sooner legally
dissolved. This corporation shall have all
powers, privileges and immunities row or
hereafter granted by law to corporations.
ARTICLE 1.-THE domicile of this cor
poration l. hereby declared to be in the
City of New Orleans. State Of Louisiana,
and citation and other legal process shall
be served upon the President, and. in his
absence. upon the Vice President Of the
corporation.
ARTICLE III-The objects and pur-
poses for which this corporation is organ
lied and the nature of the business TO be
carried on by II. are hereby declared TO be
To acquire from Arthur Iancey certain
patent rights and property: TO engage in
the business of gathering. fishing, buying
and selling and otherwise dealing in all
kinds of objects to be found in the sea.
rivers or other waters. which are or can
be used as food: to manufacture and sell
and otherwise dispose Of and deal in all
products possible to be made therefrom
and for that purpose to engage in buying
and selling and dealing generally in all
sea products. fresh or preserved: the own
ing. leasing and operating of boats, nets
and other fishing paraphernalia: the own
ing and operating of canning factories. de-
hydrating plants, ice refrigerating plants,
and other mercantile establishments: the
owning and operating of by-product plants
incident to the conduct of its general bus
mess; and generally TO do any and all
things necessary or incidental to said pur-
poses or their successful accomplishment.
as well as to exercise all powers conferred
upon corporations by the laws of Louis
lana.
ARTICLE IV.-The capital stock Of this
| corporation shall be and is hereby fixed at
| the sum of twenty five thousand dollars
| ($25 100000. all of which shall be common
! stock, represented by two hundred nifty
| (250) shares of a par value of one hundred
! paid for in cash or its equivalent as de-
| termined by the Board of Directors.
The subscription from Arthur Yancey for
one hundred twenty-five 125) shares of
stock in this corporation shall be paid for
| with the following property: One gasoline
boat. named lei Caro-" l boiler. stack
pump and connections at Westwego; /
crab trimmer (patent applied for): equity
! in l Dodge truck; centrifugal machine "a
! pick crab meat; process of shucking crabs
by centrifugal force protected by letters
patent number 1115031; machlhe covered by
United States patent 9336O9; process OF
ton filed May 10. 1920, serial number
| 3S0102: which has been valued and is now
appraised by the Board Of Directors at tht
sum of twelve thousand i've hundred dol
lars 1250OOO).
! No stock shall be transferred except In
writing and upon the books of the com
pany, and no stakeholder shall have tn
right to dispose Of his stock until he shall
have first offered the same in writing to tn
other stockholders. through the Board o
Directors of this corporation, and the sal,
stockholders shall have the right for te
days dating from the time such WRITER
offer is received by the said Board of Di
rectOrs, to purchase such stock at Its bool
| value as shown by the bal;snce sheets las
made. This provision shall be printe
upon each share of the capital stock of thi
corporation.
ARTICLE v.-The corporate powers @
this corporation shall be vested In and ex
ercised by q Board of Directors compose
of not less than three (3) nor more tina
seven ca stockholders: but until other
wise authorized by majority vore Of tn
Board of Directors shall consist OF four a
stockholders.
The officers of this corporation shall b
a President, a Vice President, Secretar
/ and a Treasurer.
The following persons shall be and col
stitute the first Board of Directors: z.
| Dubus, 63i Louisa Street: Arthur Vance
1925 Nashville Avenue; d. b. FL. Cnaff
144S Jackson Avenue; A. Giffen Levy, IL
Pension Street; all in New Orleans: La
casA ID Nm nS han hA prpS
dent. the said Arthur Yancey shall be Vi
President the said d. Il. III. ChIfe shs
- be Treasurer. and the said A. Giffen Lev
Shall be Secretary of this corporatio
During the absence of the President, Il
Vice President shall act and preside.
The annual meeting of the stockholde
W of this corporation shall be held on q
first Monday of February, 1922. and a
nually thereafter: and at such annual NEE
ing a Board of Directors shall be electe
- The failure from any cause whatsoev
~ to elect Directors on the day named
- that purpose shall not dissolve the cOrpo
~ alton but Directors then In Office a
ne the officers Of said corporation shall hO
70 over until their successors are chosen a
iiee qualified. In such event the Preside
y; shall cause another election to be he
~ ~ within thirty (30) days, and shall g.
Is; notice thereof as now provided by law
% annual meetings.
ed At every election and meeting Of stoc
K. holders each stakeholder shall be entitl
of to one "a vote for each share Of sto
e. registered in his name, and may vote
.c- proxy.
he The election of Directors shall be by
lp- ballot, each share of stock shall be entitl
ed to one vote, and the majority in amou
IN Of votes cast shall elect the person or p
Is sons for whom they have been cast. AT
ef each election the Board Of Directors sh
ng elect from their own number the officers
ms said company.
m ARTICLE vI.-The Board Of Direct
ne shall have full power to fill vacancies
M their number caused by death, resigl
sly ton or otherwise, from the stockhold
IeI Of the corporation, who are stockhold
,c. at the time the vacancy occurs. The s.
~ Board of Directors shall have full cont
IN III Of the property Of this company, and sh
~, conduct manage and use the same as
40 their discretion they deem ut, and that
as consistent with the objects and purpO
of this company or the welfare Of sal
49,, The said Board Of Directors Is further
s sa thorized to frame and adopt such by-la
ue- rules and regulations as the affairs Of
US comnanv NAV reouire and as N NAV a,
TAI necessary for the conducting and mana
TO, ment thereof; provided the same shall
req be in conflict with this charter or with
nt- laws of the State or the United States.
'an The said Board of Directors shall e.
the or appoint such officers, agents. Employ
ars servants and clerks as Ii may Neem nee
70 sary for the conducting of the business
or. the corporation: fix their compensation ;
"a terms of service, provided, however,
his right to dismiss any employee at 8
ncs Boards pleasure cannot be abridged
ssd contract and the said Board shall have
wv r;oht 20 6x apd dafarmine the salaries