The herald., 1922-05-04
CHARTER.

ARTICLE IV-Thc capital stock of this
corporation i fixed at IN" sum of twenty /.
Z 4u,.~uEG dollars. ESQ uUOUUUI divided into /.
two hundred shares of the par value of .
ON" hundred dollars tSlOu.uOj each. MI I
shares of stock shall hc iulI paid and non
aS>eSsahl". No transfer of stock shall Ice +
binding upon the corporation unless made .
upon its books. aud all certificates of .
stock shall he signed 10y such officers as .
may be- designated 10y the board of dire .
tors. This corporation shall have th" T
right 10 rucr'a>" its capital stock iU Co." ]
further sum Of lSlOUOUUI one hundred +
Thousand dollars. to l." divided into shares /
uI uu" hundred dollars each. tNluuuoI. pro /
Nidrd such Increase in ia" capital stock |
shall have been authorized 10y three .
held Tor that purpose after being duly .
notified in writing. y" stock shall lie .
sold 10y any >torkhuld'r until the sam"
~IaI b,. offered Tor >al- 10 the corpora .
Iilu which shall have the right to pur-
rlI>r ID" same AMI no transfer shall Ice
mad" upon 'Lc books of the corporation
until the stock has been - offered and
declined. In the event of an increase of
the capital stock. the additional shares
shall b." first offered 20 the stockholders
d"siruu~ O" >uhscrib" To such increase.
ARTICLE N-All the corporate powers
of this corporation shall be vested in and
shall 10" exercised 10y a board of directors
composed of four stockholders. y major
ilN of the directors shall constitute" % quo.
rum for the transaction Of all business
The directors shall hc elected annually 10y
ballot. on the second Thursday iu Jauu-
AIRY OF each year. Each stakeholder shall
D." entitled in person ur by proxy. 10 4
vote for every share owned by him. and
all elections shall hr held under such
rules and regulations ais may b" deter
mined 10y TIA" board OF directors: after
fifteen days notice 10y mail of such "lcc-
tiuu shall have been sent to each stock
ltflti mt ltl ft
directors thus elected shall continue IN
uitI," for one year, or until their success
SOrS shall have been duly elected and
qualified. No failure. To- elect shall hc re
gard"d as forfeiture of this charter.
Any vacancy occurring on said board shall
Ice filled 10y the remaining directors for
the uH"N NpIrcd term, the said board shall
likewise elect the additional members in
the number of said board. The said
board Of directors shall, at lis first meet
ing after it, election, nominate out of Its
number. 4 president. a vice president. Il
secretary and 4 treasurer. Said board
shall have the right to consolidate any
two of said officers into one or SeGrc-
gate said officers. as also their right TO
appoint and dismiss such clerks, man
ayers and other employees of the cor
pOratiun as conditions may justify or the
business of the corporation may require
. The tenure of office of all the employees
uf the corporation shall be during the
Z
ARTICLE VINO stakeholder shall
ever be held liable or responsible for the
contracts, faults or debts Of said corpora
/ tion nor shall any mere infOrmality in its
organization have the effect of rendering
| this charter null. or Of exposing Il stock
holder 10 any liability beyond the unpaid
/ balance du" on the stock owned by him.
/ ARTICLE NII-ThiS act Of iucOrpora-
| tion may be changed. modified or altered
| or this corporation may be- dissolved.
/ with the assent Of the stockholders owning
/ two thirds Of all the stock Of the corpora
! ti0u. Al u meeting convened for that pur-
po>". after at least fifteen days written
/ notice of this meeting has been given
| through mail addressed To each stock
holder. at his last known address In
ease Of the dissolution by the expiration
Cf this charter or otherwise. the stock
holders shall elect three liquidators from
among their number. to liquidate and set
n" the business and affairs of the cor
pOratiOn.
ARTICLE VIII-Twenty thousand dol
lars have been subscribed to the capita
stock of this corporation. as follows. TO
wit:
giuseppe Uddo 1900 Decatur street. New
Orleans. La. fifty shares. s5,0O00N: Gae
tano UddO. 1000 Decatur street. New Or
leans La. fifty shares. 5000 90: Angelo
GlorioSo. j3l st. Ann street. New Orleans
La seventy shares. 100000: Joseph Can
gelOsi. 1924 Decatur street. New Orleans
La. thirty shares. S3000.00. Tota
500. 600 co.
ARTICLE IX-Until the election to h
held on the second Thursday in Jan
uary. 1923. the following shall cOnstitut
the first board Of directors, viz: Giusepp
Tddo. GaetanO Uddo, Angelo Glorioso, an
Joseph Cangelosi. of whom Giusepp
, UddO shall act as president, Joseph Can
. CelOsi. ce-president. GaetanO UddO, SEE
: retary. and Angelo Glorioso, treasurer.
Thus done and passed. in my office a
the City of New Orleans. on the day an
\ date first above written. in the presenc
: of Rosario Raspanti and Marion NJ. KuhI
both OF this city, competent witnesse
who sign these presents with said az
" pearers and me, notary, after due readin
OF the whole.
(Orginal siCned):
Giuseppe UddO, 80 shares. S5,0O0.Of
Gaetano Uddo. 50 shares S5!OOO.00; Angel
| GlOrioso 20 shares. S7,OO0.00: Jos. Car
CeloSi. 20 shares. S3OOO0O Rosario Ra,
: panti, Marion NJ. Kuhn.
THEO. COTONIO.
: Notary Public.
! I. the undersigned Recorder Of Nor
{ cages. in and for the parish OF Orlean
= State Of Louisiana, do hereby certify tn;
' the above and foregoing Act of IncO
" noration Of the New Central Canning CC
Inc. was this day duly recorded in m
office in Book 1868. Folio 216.
New Orleans. April 4th. 1922.
(SiCned) ROBT. SCOTT.
Deputy Recorder.
A true copy Of tho original.
THEO. COTONIO.
- Apr. 27-June Notary Public.