The herald., 1921-06-23
CHARTER

ohsance of both the President and the
| Vice President, upon the Treasurer OF 'hi'
| corporation.
| ARTICLE III.-The objects and pur-
poses for which this corporation s;noss Is %
| ganized and the nature of the business
| TO be calyied on by II, are hereoy ue
clare to To engage in the State OF
| Louisiana and within any other STATE OF
| Territory or possession OF the Ihlteu
states, or foreign country that VIII per
| nit the same the business or canhlhe'
| packing and preserving shrimp, oysters
| fish and all other sea-foOds together WIN
| vegetables and fruits OF an MINUS, .h;I NV
| such other foods and like articles as thls
| corporatiOn NAV desire TO can, pack or
| nrasarye. TO engage in and carry on ,he
| business of fishing for, buying, setiihs lin
| and dealing in shrimp, oysters anu llon
and such other sea-foods, elther raw Va
| "anncd or preserved; to plant and gro"
loysters and to operate beds theTtloI,
engage in and carry on the pds,os pdslness
Ibuying selling and dealing IN Ntse'"ol'SS,
fruits and other foods. either raw Callhcu
| - - ,,osaryad to engage in and carry on
| all such business, whether related lheIeto
or not, which this corporation ma! W ueent nt
necessary and proper for the purposes
carrying into effect the Jso 1uJe' "a oner-
ate such factory or factories. boats' ureu
ges, railroads. plants, canals teiephones;;
| teIegraphs and transportation lines anu
| such other appurtenances and Appliances
and TO own such other property, ana 90
| such other acts as this corporation MAY
deem advisable TO carry into erect the
| object for which this corporation Is OF
gained. and this corporation shall nave
ali other rights, privileges and powers
necessary for the purposes herein set torth
and not repugnant to the Laws OF the
State Of louisiana or such other H.i States;
Territories or possessions OF the CniIeu
States or foreign countries IN WhlCh thV!
engage in business.
| ARTICLE Iy,-It shall have all the
rights and privileges granted by law 10
such corporations; shall have the pow
10 contract sue and be sued In lts corPoI
ate name to make and use corporale
seal and the same to break and alter at
Measure; to buy, own hold, lease, receive,
convey, mortgage hypothecate or pieug'
property both real, personal ana nniNeu
ITO issue bonds. notes and other oohga.lons'
/ 10 have engage and employ such Offlcers
managers and employees as the business
interests and convsnience OF the corpor
alton may require; TO make, adopt OF -
tablish such bylaws, rules ana regula
tions in the corporate name, not repus
nant TO the laws of the State of Louisiana
or other States. Territories or possesslon'
of the United States or foreign countries
| in which they engage in business or th'
charter of this corporation. or the manage
men of this corporations affairs, as tn'
stockholders and Board of Directors may
deem necessary and expedient.
ARTICLE v.-The capital stock Of thi'
company shall be Forty Thousand Dol
lars $40 OO0O0), represented by four hun
dred shares of stock Of the par value O.
One Hundred Dollars (SlOOOo) per snare
The stock shall be paid for in cash whei
, subscribed for. or il may be issued at no
less than par in payment for propert!
actually received.
ARTICLE vI-This corporation shal
begin business and be a going concern a
soon as Twenty Thousand Dollars ($2c
OOO.OO) of stock shall have been subscribed
, for. Said capital stock may be increased
up to the sum of Forty Thousand Dollar
in any manner provided for by the laws o
} this State. and whenever an increase o
said capital stock shall have been au
thoriZed, fifteen days written notice shal
be given to each stockholder within whlcl
time the present stockholders in the cor
u poration shall have the right to subscrib
to said increase of stock in proportion I
the number of shares of stock held b
them and which shares shall be paid 70
at such time and in such manner as th
Board of Directors may direct. After IN
expiration of the said subscription an
payment. the Board of Directors may dis
\ pose of the shares not taken for the ben
| eft of the corporation. in such manner a
they think proper at not less than pal
ARTICLE VII.-An transfers Of stoc
shall be made on the books of the corpoT
alton by surrendering the certificate there
of to the presiding officer, who shall writ
the word Cancelled" prominently acros
the face thereof. and erase the President
signature therefrom before issuing a ne'
certificate.
ARTICLE vIII-At all elections by. @
meetings of, the stockholders. each shar
shall be entitled to one vote, to be cas-
either by the person in whose name I'll
stock appears on the books of this co
poration at the time of voting. or b
an attorney holding said stockholder
written proxy.
ARTICLE IX-The business and co
porate affairs of this corporation sha
be transacted by a Board of Directors
not less than three directors. nor mol
than five Directors, to be composed
stockholders thereof, and they, and eaC
of them, shall be elected at a meeting
be held for that purpose. Any vacanci'
in the Board of Directors so elected sha
be filled by the said Board of Director
Messrs. Z. Desporte. Jr., T. J. Desport
Edgar Beale. whose postoffice addre
shall be Cos Godchaux Building, New O
leans. La, shall constitute the first Boar
of Directors and shall hold office unit
first Monday in January. 1922. or unt
their successors are elected and qualifit
and each subsequent board shall ha
their seats Immediately following the
lection, or as soon thereafter as pract
cable, and shall hold their office uni
their successors shall have been elect,
and qualified. The Directors hereinabo
named shall elect their own officers. II
stockholders may at any time appoi
the two additional directors provided f
the other directors herein named.
January 2nd, 1922, and annually ther
after. an election for directors by [
stockholders shall be held at the off
OF the corporation. after fifteen days n
tlce thereof shall have been given by n
tice mailed to each stakeholder at 4
last known address, Every Board of /
rectors SHALL at its first meeting aft
It's election, or as soon thereafter as prs
t1cable. elect from their own number
President, Vice-President, and a Tres
urer. The Board of Directors shall al
elect Secretary who may, or may n
be a member of the Board. The office
the Secretary and Treasurer may be fill
by one and the same person. at the d
cretlon OF the Board. failure to el,
directors on the date above specified sh.
not dissolve the corporation, but the tn
u existing Board of Directors shall contin
IN office until their successors are elect,
,c f1fteen days prior notice shall be Civ
~ IN the manner hereinabove provided, whi
40 to all stockholders of such meeting. A
10 director shall have the right to be rem
II, sented at any meeting of the Board
O. Directors of this corporation, by an :
= torney holding the Directors writ
N proxy. The majority of the members
ne SAID Board of Directors shall constft,
quorum for the transaction and ms
agement OF all business of said corpoI
n tion. They may make such bylaws. ru
ds and regulations as they think proper 1
the transaction of the business and affa
s.; Of said corporation.
oy ARTICLE X.-This act of incorporat
Is. may be changed, modified or altered,
said corporation NAV he dissolved xv