The herald. [volume] (New Orleans, La.) 1905-1953, 1922-10-19
CHARTER.
Said corporation. then said process shall
be served OIL the Secretary.

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be served OIL the Secretary.
ARTICLE Ill. The objects and pur-
poses for which this corporation is organ
lied and the nature of the business to
he carried on by it are hereby declared
to be:
To buy. sell. ship, store. consign and
receiv" on consignment, import and eN-
port. and generally deal in, either at
retail or wholesale, or as a broker or
principal eggs, rsh, fruits produce, vege-
tables, poultry, ducks. rabbits, wild game.
and all kinds and manner of perishable
and all other food products, and TO carry
On general brokerage and iOOUius busI-
ness and all other foodStufS.
And generally to hold and exercise all
such incidental powers and privileges as
relate TO the objects and purposes here
inabOye set forth. or as may be neCes-
sary, useful or convenient for enecting
said objects and purposes, or any OF
them.
ARTICLE " The authorized capital
stock OF this corporation * hereby fixed
at and declared TO be the sum of $50 600 CO.
which capital stock may he increased in
! III" manner provided by law to the sum
Of 100000 90
The presently authorized capital stock
of this corporation shall consist of 300
shares Of the par value of $4,000 each
IL shall Ice represented by certificates
shall be full paid and worcestershire
when issued. shall be issued only for
! labor done, or for property actually re-
ccivcd. or for bonuses to be paid Its
employees. or in lieu Of cash dividends,
when and as said dividends shall have
become accrued, or for cash To be paid
at such times and In suCh amounts and
after such notice as may be determined
by the Board Of Directors and shall be
capital stock shall be binding upon this
corporation unless made in accordance
with its charter and bylaws and re
corded on the books thereof.
FFHW
assign or transfer his stock in this cor
/ pOratiOn without giving TO the other
stockholders, through the Secretary
Treasurer of this corporation, notice in
writing Of such intention, and the other
I stockholders shall have the right for a
/ period of 90 days from the delivery of
such notice to the Secretary Treasurer to
| purchase all or any part of tn. stock OF
value thereof. after which 90 days the
| said stock may be sold without rcStTic-
tiOn.
Other stockholders desiring to pur-
chase stock under this article must in
due time give notice of such desire to
| the Secretary Treasurer of this corpora
| ton. In the event that the other stock
holders offer to buy more stock than is
offered. stockholders offering to buy shall
be entitled to buy the offered stock In
| equal proportions Of the amount of stock
offered for sale.
No sale or other transfer or assign
ment of stock in this corporation shall
be valid until and unless opportunity to
purchase such stock has first been given
in the manner hereinabOve provided to
the other stockholders Of this corpora
ton. and this right so vested in the
other stockholders shall follow into any
hands into which It may pass any stock
sold. transferred or assigned without such
opportunity being given. and may be eN-
crciSed against the holder or holders
thereof within 90 days after such stock
is rendered for transfer on the books of
this corporation. and no transfer Of any
such stock shall be made on the books
of this corporation during the tendency
Of said 9O-day period.
ARTICLE VI. All of the corporate
powers of this corporation and the man
, agement of its affairs shall be vested in
and controlled by a Board of Directors,
composed of three go stockholders, ex-
F., cept that the officers of this corporation
shall have and exercise the power granted
to corporate officers Of Section 10 of Act
| 267 of 1914.
A majority OF the Board of Directors
/ shall constitute quorum for the trans
action of any and all business, and a
any meeting shall be valid and corporate
| acts, within the scope. authority and
power of the Board of Directors.
Said directors shall be elected annually
on the first Monday in October OF each
| year. commencing with the first Monday
in October, 1923. and such directors so
elected shall hold office for one year or
until their successors shall be duly elected
qualified and installed. Failure to elect
directors at any annual meeting shall
not dissolve the corporation, but the
| directors then in office shall hold over
| until their successors are duly elected
| qualified and Installed.
Each stakeholder Of record on the books
! Of said corporation shall be entitled Ia
cast at the meeting of stockholders for
| the election of directors. either I'm person
or by proxy, one vote for each share ot
stock held by him. and majority Of the
/ votes cast at such meeting shall elect or
decide any other question before 1t.
| All meetings OF said stockholders or
| directors shall be held at the domicile
| OF the corporation, except with the writ
ten consent Of all directors. valid meet,
! ings of directors may be held outside OF
the state or in the state, elsewhere than
| at Its domici1e.
Any vacancy occurring, for any cause
in the Board OF Directors, between the
dates Of the animal meetings herein pro-
vided for, shall be filed by the remain
ing members of the Board of Directors
| Immediately after the annual election
| of directors they shall meet ana elect
from their number a President. one or
more Vice-Presidents. Secretary, and a
! Treasurer, but which two latter offices
| may be combined in one and the same
person. The duties of such officers shall
be such as usually pertain to the position
|
may he provided for in the bylaws. or
as may be designated by the Board OF
Directors at any regular or special meet
| ing.
Until the first annual meeting Of the
| stockholders for the election OF the direc-
| tors. to be held on the first Monday In
October. 1923 Vincent Castigliola, Joseph
| Pellegrini and John Weyman shall COM
pose the first Board Of Directors, who
| shall serve until the first election Of the
| directors or until their successors are duly
! elected. qualified and installed; and until
that time Vincent Castigliola shall he
President; Joseph Pellegrini, Vice-Presi-
dent, and John Weyman. Secretary
| Treasurer.
| ARTICLE VII. This charter may be
amended or this corporation may be dis
solved in the method and manner pro-
vided by law.
| ARTICLE VIII. No member OF this
corporation shall ever be held liable OF
responsible for the contracts or faults OF
this corporation IN any further sum thar
the unpaid balance for his stock sub
| scription. nor shall any mere informally
In organization have the effect OF render
| ing this charter null or OF exposing q
member to any liability than as above
provided.
Thus done and passed in nv office al
| city of Naw OrIeaDe T,ouisiopa m