The herald. [volume] (New Orleans, La.) 1905-1953, 1922-10-05
CHARTER.

J
! lied and the nature of the business 10 /
he carried on by 1t are hereby declared
/ to be:
| To buy sell, ship, store, conSign and
| receive on consignment, import and cN- ]
/ port and generally deal in, either at
! retail or wholesale, or as broker or /
/ principal. eggs, ish, fruits. produce F'Ee- /
/ tables poultry, ducks. rabbits. wild game, /
/ and ali kinds and manner of perlshable /
/ and all other food products, ana TO carry
| on 4 general brokerage and iobbluE bust /
ness and all other foodstuflS.
And generally to hold and exercise all
such incidental powers and privileges as
/ relate to tn" objects and purposes here
inabovr set forth. or as may be neceS-
Sary, useful or convenient Tor erecting
said objects and purposes, or any OF
them.
ARTICLE ". The authorized capital
stock Of this corporation is hereby hNcd
at and declared to be the sum of S3OooO.Op
which capital stock may be increased in
tn" manner provided by law to the sum
of SlOO.OOOO0
The presently authorized capital stock
of this corporation shall consist OF 800
shares of the par value of $4,000 each.
, It shall be represented by certificates,
shall be fun paid and non-asseSsabl"
> when issued. shall be issued only for
labor done, or for property actually re-
employees. or in lieu Of cash dividends,
when and as said dividends shall have
become accrued. or for cash to he paid
q | u
after such notice As may be determined
! 10y the Board Of Directors, and shall be
. personal property; No transfer OF said
capital stock shall be binding upon this
corporation unless mad" in accordance
j. with its charter and bylaws and re-
, corded on the books thereof.
ARTICLE V. No stockholdcr may sell
assign or transfer his stock in this cor
n poration without giving TO the other
70 stockholders. through the Secretary
70 Treasurer Of this corporation; notice in
writing Of such intention. and the other
i stockholders shall have the right for a
r period of 90 days from the delivery or
v such notice TO the Secretary-Treasurer TO
4 purchase all or any part Of tn" stock of
such stakeholder for cash nc the market
. | value thereof, after which 30 days the
: said stock may he sold without rc>tric-
: tiOn.
d Other stockholders desiring to pur-
:, chase stock under this article must In
Il due time give notice of such desire 10
# the Secretary Treasurer of this corpora
i ton. In the event that the other stock
r. holders offer to buy more stock than is
y offered. stockholders Offering to buy shall
be entitled to buy the offered stock In
u equal proportions Of the amount of stock
IL offered for sale
;, No sale or other transfer or assign,
"a ment of stock in this corporation shat
~ be valid until and unless opportunity 10
- purchase such stock has first been giver
!, in the manner hercnabove provided tC
> the other stockholders of this corpora
~ ton. and this right so vested In the
al other stockholders shall follow into any
u hands into which 1t may pass any stoci
ne sold transferred or assigned without sucf
10 opportunity being given, and may be eN
lie crciScd against the holder or holder
X thereof within 80 days after such stoci
is rendered for transfer on the books o
Ill this corporation. and no transfer or an
or such stock shall be made on the book
he of this corporation during the pendenc.
in of said 9O-day period.
all ARTICLE VI. All Of the corporal
,;g OFT M a
IN !agcment of its affairs shall be vested j
r. and controlled by a Board of Directors
If composed of three 60 stockholders, ex
"a , cent that the officers of this COrporatlo
no shall have and exercise the power granite
m. to corporate officers of Section 16 of AZ
an 267 of 1914.
nv A majority of the Board OF Director
nd shall constitute a quorum for the tran:
ve action of any and all business, and
mi majority vote of the quorum present
me- any meeting shall be valid and corporal
III acts, within the scope authority an
mo power of the Board of Directors.
Said directors shall he elected annual
all on the first Monday in October OF eaC
rs year, commencing with the nrst MONICA
70 in October. 1928 and such directors
,u elected shall hold office for one year
an until their successors shall he duly electe
ION qualified and installed. Failure to eIe
u. directors at any annual meeting sha
m directors then in office shall hold oy
by until their successors are duly electe
qualified and Installed.
~ Each stakeholder Of record on the boo
~ Of said corporation shall be entitled
VI cast at the meeting of stockholders I
80 the election Of directors. either In pers
or by proxy, one vote for each share
the So nert az such mnetinp shall elect
3, decide any other question before H.
and All meetings OF said stockholders
owe directors shall be held at the donnie
Ma Of the corporation, except with me WI
L. Of oil
-, ~ ings of directors may be held outside
~ the state. or in the state, elsewhere IN
Of at it's dOmicile.
Any vacancy occurring, for any eau
'aul in the Board of Directors, between I
dates of the annual meetings herein pi
vided for, shall be filled by the renal
ing members of the Board OF Directo
, Immediately after the annual electi
,I;o Of directors they shall meet ana ell
n from their number a President. one
more Vice-Presidents. Secretary, ana
Treasurer, but which two latter ofn'
II may be combined in one and the sa
y; person. The duties OF such officers 50
'hc' he such as usually pertain to the positi
to which they are elected; ana sucn
NAV Re provided for in the bylaws
As may be designated by the Board
:. directors at any regular or special me
of ing. -, -.
New Until the first annual meeting OF
Goth stockholders for the election OF the DIR
year tors. to be held on the FIRST Monday
ired October. 1923. Vincent Castigliola, Jose
mis-. nose the first Board of Directors, "
CJty shall serve until the first election OF
re- directors or until their successors are q
wit elected. qualified and installed; ana III
der that time Vincent Castigliola shaIi
red. President Joseph Pellegrini' Eice-r ,o
unto dent, and John Weyman' secreta
Con-, ARTICLE VII. This charter may
mis- amended or this corporation may be
lions solved In the method anu manner
leral vided by law.
for ARTICLE VIII. No member OF
,ere- CORPORATION shall ever be held liable
and responsible for the contracts or fauits
gree. this corporation in any further sum I
as the unpaid balance for his stock
ioin scription. nor shall any mere informa
n q In organization have the effect or rem
for ing this charter null or OF exposing
the member to any liability than as al
wing, provided. ,so.
Thus done and passed In my ofhce
-. tho civ of New Orleans, Louisiana
e VI the day and date first hereinabove "
I'LL, ten. in the presence of j. Myhand
anu r. TureganO competent witnesses
.hyoS hereunto sign their names with saiu
netu bearers and me. Notary, after due r
snn ing Of the whole. ,
rams Original signed: V. Castigliola,
,eLts, shares New Orleans: Jos. PeIlegrlnI
Ssqe shares New Orleans; John Weymah
II shares New Orleans
~ OF witnesses: =. Turegano, j. Myhant
It Notary Publ
seal ~ o.,oor. tn Sent g 1920 NJ c
,ions 1879. Folio AZ.
Trina CODy.