The herald., 1922-10-19
CHARTER.

tions, thgy have covenanted and agreed,
and do by these presents, covenant.
agree and bind themselves as well as
those who may hereafter become asso-
Ciated with them, to form themselves
into a corporation for the objects ana
purposes, with the name and under
the stipulations following, to-wit:
ATICLE 1.-The name and style of
this corporation shall be ARTIG UES
MEAT PRODUCTS CO, INC, and by
said corporate name shall have and
enjoy succession and existence for
period of ninety-nine years, unless
sooner dissolved, and shall have all
the rights. privileges and immunities
which are now or may hereafter be
granted by law to corporations of the
same kind and character, and under
said corporate name il shall have the
power and authority to contract, sue
and be sued. to make and use cor
porate seal, the same to break or alter
at pleasure, and to make all necessary
rules and regulations for its cOrpor-
ate management and control.
ARTICLE 1.-THE domicile of this
corporation shall he in the city of New
Orleans. Parish of Orleans, State OF
Louisiana, and all citation ana other
legal processes shall be served upon
the President, or, in his absence OF
in ability to act, then upon any other
officer or agent of the corporation, in
accordance with existing provisions OF
law.
poses for which this corporation is or
ganized and the nature of the business
to be carried on by II are hereby de-
clared to be: To buy and sell, and
generally to deal in packing house
products of all kinds; to manufacture
! food products of every kind from ami
! NAL substances, and for that purpose
/ to acquire. by purchase, lease or other
| wise factory sites, buildings, machin-
cry and other appliances, as well as
| refrigerator and cold storage plants,
! and to operate the same in aid OF ITS
business; to acquire the property, as
! sets and good will of the business OF
| Louis j. Antiques, and to continue the
| operation of the business so established
| by him in this city for the manutac-
| ture of SauSageS, smoked meats ana
! other packing-house products, ana gen
| orally TO do and perform all things IN
! cidental or germane to the objects and
purposes above expressed.
ARTICLE IV.-The capital stock OF
| this corporation is hereby fixed at the
sum of twenty-five thousand $25.OOO(
| dollars divided into two hundred and
fifty (25O) shares, of the par value
| of one hundred $1,000 dollars each, all
| of which shall be common stock, ana
| the amount to which the capital stock
| may be increased is hereby fixed at
| the sum of fifty thousand (S5O.OOO(
| dollars: the said stock shall be issued
| only for cash or in payment OF prop
| erty or services actually received by
|
| stock shall be fully paid for at the
! time of it's issuance and thereafter be
-aSSeSSable.
Fifty per cent 5000. or twelve thou
| sand five hundred ($l2.5OO) dollars OF
| the capital stock shall be subscribed
| before the filing of this act of incor-
| poration, and fifty per cent. (5Ofc) oil
| the amount so subscribed shall be ac-
| tually paid in before the corporation
| engages in business, and the remainder
/ ,IGnr Iah
/ maid in within one year from and after
| the date hereof; the residue OF the
| stock shall be issued and paid for sub
| iect to the action and call of the Board
of Directors. in conformity win the
existing provisions of law relating
| thereto,
The parties hereto hereby subscribe
| for the number of shares of capital
stock of the said corporation set oppo-
! site their respective signatures hereto
| so that this act of incorporation snail
| also serve as an original subscription.
No present or future stakeholder
| shall ever validity sell. assign, or trans
| fer. other than by inheritance, any OF
| the capital stock of this corporation
| until the same shall have been first
| offered to the remaining stockholders
| for the benefit of those stockholders
who may desire to purchase the same
| through the Board of Directors. for a
| period of ten days, at the book value
1
| of the corporation on the LIST day or
| October preceding the date OF such
| offer. 1t shall be the duty of the
| Board of Directors promptly, upon re-
ceiying an offer of sale of any of the
| capital stock of this corporation, 10
| communicate the same to the stock
| holders, in writing, through the Score
! tary of the Company; and each of the
| said stockholders shall be entitled to
| purchase such proportion of the STOCK
| so offered for sale as the number or
| shares owned by him bears 10 the
| number of shares owned by all other
| stockholders desiring to participate IN
| the purchase. No sale under foreclo-
| sure attachment. or other process, or
| by virtue of any power OF attorney
| pledge or hypothecation, shall be val
idly made until the foregoing require
ments have been complied with by the
| person or persons, firm or corporation
| provoking such foreclosure or sale.
| The Board of Directors shall have au-
| thority, however, to waive the above
| requirements as to any particular
| hypothecation or pledge of stock. by
resolution adopted at a regular called
| meeting of the Board, or at meeting
attended by all the members OF the
| Board of Directors, such resolution
being adopted in advance of the pledge
| of hypothecation..
| ARTICLE V-All the powers of this
| corporation shall be vested in and be
| exercised by a Board of not less than
| three nor more than i've ulreCtoTS' 40
| determined in advance each year by
| the stockholders at the annual meet
| ing. The said directors shaal be bona
fide stockholders and shall each own
at all times one full-paid non-pledged
| share of stock. The first Board OF
Directors shall consist of Louis j. Ar
| tigues whose postoffice address is
1854 Gravier street, New Orleans; John
| ]. Antiques, whose postoffice address
is 1919 Melpomene street, New Orleans;
| Bertrand Antiques, whose postofflce
address is 2s5 Broadway street. New
| Orleans, with the said Louis j. Ar
tigues as President John j. Antiques
| as Vice-President and Bertrand Ar
| tigues Secretary-Treasurer.
The above-named Board of Directors
and each succeeding Board shall con-
| tinue and hold office for one year, or
| until their successors are elected and
| qualified; the persons to be hereafter
elected directors shall select from their
own number a President, a Vice-Presi-
| dent and a Secretary-Treasurer. The
| Board of Directors may from time to
| time as the business of the corpora
ton shall dictate, appoint any two OF
| the above office in one and the same
person, excepting the office of Presi-
dent and Vice-President.
On the first Tuesday of October of
| each year, unless the same should fall
on a legal holiday, then upon the next
| following lay day, the stockholders
shall elect a Board of Directors for
the ensuing year; the Board of Direc-
| tors, as well as the officers already
| installed, shall continue in office until
| their successors are elected and quail