The herald., 1922-05-25
CHARTER.

ARTICLE IV-The capital stock Of this
CORPORATION is fixed at the sum of twenty
thousand dollars. 2U.OOO.UO) divided into
two hundred shares of the par value OF
one hundred dollars CSlOO.OOD each. All /
shares of stock shall De full paid and non
assessable No transfer of stock shall be /
binding upon the corporation unless made |
upon its books, and all certificates or
stock shall be signed by such officers as |
may be designated by the board Of direc- /
tors This corporation shall have the /
right to increase its capital stock to tn"
further sum of CSlOOOOO. one hundred
thousand dollars, to be divided into shares
of one hundred dollars each. tSlbHl, pro-
vided such Increase in the capital stock
shall have been authorized by three
fOurths of the stockholders at meeting
held for that purpose after being duly
notified in writing. No stock shall be
sold by any stakeholder until the same
shall l." offered for sale TO the corpora
tion which shall have the right TO pur-
chase the same and no transfer shall be
made upon the books of the corporation
until the stock has been offered and
/ declined. In tn" event Of an increase or
! the capital stock. the additional shares
/ shall he first offered 20 the stockholders
! DESTROYS to subscribe to such increase.
! ARTICLE N-AIl the corporate powers
Of this corporation shall b" vested in and
the management and control of its affairs
shall h" exercised by board of directors
/ composed Of four stockholders. y major
ity of the directors shall constitute a quo
rum for the transaction of all business.
The directors shall be elected annually by
ballot on the second Thursday in Janu-
airy Of each year. Each stakeholder shall
. Ice entitled in person or 10y proxy. To a
. vote for every share owned 10y him, ana
. all elections shall Ice held under such
/ rules and regulations as may b" deter
mined by the board of directors: after
q fifteen days notice by mail of such cl"c-
. ton shall have been sent {" each stock
holder at his last known address. The
7 10. f...l -Istl . IN
= office for one year. or until their success
7 SorS shall have been duly elected an'
. qualified. No failure, to elect shall be re-
, garded as forfeiture of this charter
| ANY vacancy occurring on said board shall
! he filled bv the remaining directors 70
y the uncNpircd term: the said board Shal
|. / likewise elect tho additional members II
\ case thew should determine 10 increaS
n the number Of said board. The SAT-
o board of directors shall. nj its first meet
a ing after its election. nominate out Of II
Il number. president. a vice-preSident.
: secretary and treasurer. Said boar
= shah have the right 10 consolidate an
two Of said officers into one. or se"ro
gate said officers. as also their right 7
! appoint and dismiss such clerks. man
~ ayers and other employees Of the cor
" noration rs conditions may Justify or III
5 business Of the corporation may require
II The tenur" Of office Of all the cmployee
ID ~ the corporation shall he during III
p pleasure Of the board Of directors.
In ARTICLE VINO stakeholder sha
ne ever be held liable or responsible for III
contracts. faults or debts of said corp0r'
r tion nor shall any mere informality in II
o. | organization have the effect Of renderin
II this charter null. or of exposing StOcl
In holder to any liability beyond the unpat
N balance due on the stock owned by hlT
III ARTICLE NII-This act OF incorpor
"a ton may he changed, modified or alter'
w or this corporation may be dissolve
with the assent of the stockholders owniI
~ twO-thirds of all the stock of the corpor
ed ton at a meeting convened for that IN
n pose after ut least fifteen days writt
al | notice Of this meeting has been Civ
" through mail. addressed to each stoc
to holder. AT his last known address.
X ease of the dissolution by the eXpirati
So cf this charter or otherwise. the stoc
all holders shall elect three liquidatOrs fro
nv among their number. to liduidate and 81
ck tie the business and affairs of the GO
Of poration. q,
Ia ARTICLE vIII-Twenty thousand d
90 lars have been subscribed TO the capt.
,sa stock of this corporation, as follows.
to Giuseppe Uddo. 1922 Decatur street, y
Orleans. La. fifty shares, s5.O0O.o0: q:
no tano Uddo. 1922 Decatur street: New
lty leans, La. fifty shares. 5000 Oo; Ang
OF Glorioso. 531 st. Ann street; New Oriea
axe gelosi 1924 Decatur street. New OrIea
hat Ia. thirty shares. s30oO.Oo. To
as $50 900 90.
\R- ARTICLE IX-Until the election to
ms held on the second Thursday in
ace nary. 1929 the following shall constit
nv the first board Of directors. viz: Giuse
ent rddo Gaetano UddO, Angelo Glorioso.
Joseph CangPlosi. OF whom Giuse
In | Cddo shall act as president. Joseph
q, geIosi vice president. Gaptano Uddo.
- | rptarv and Angelo Glorioso, treasurer
rni TINS done and nassed. in my office
me- the CITY Of New Orleans. on the day
ere. date first above written. In the nrese
,eto Of Rosario Raspanti and Marion NJ ku
fter both Of this city. competent witnes
who sign these presents with said
JOS poarars and me. notary, after due read
Of the whole.
(Original sicned):
Ginsenne Uddo. 20 shares. S5.WO
Caetnno Uddo. 20 shares. * OOOO: An
GIorioso 20 shares. s7OoO00: jos Z
IL reIosi 10 shares 81 OO0.0O; Rosario
orr '""'' THEo COToNIo
g., Notary Publ
"a 7 tho undersigned Recorder ~
,Ns oapes. IN and for the narish ot Orle
-, state ~ Louisiana. do hereby certify
@ the ahove ard foregoing Act or In
loho noratinn ~ the New Central Canning
Inc was this dav dulv recorded In
office IN Rock 12ee Folio PIG.
X. Now O-Ioons. April 4th 1000.
(SiCned) PoRT. S'NI
Dnnutr Record,
lie. trre copy Of tho o-'"inaI
THFO C0T0NIO
. .nr rrnpr Notary Puh,