The herald., 1922-11-09
CHARTER

granted by law to corporations of the
same kind and character, and under
said corporate name it 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 be in the city of New
Orleans, Parish of Orleans, State of
Louisiana, and all citation and other
legal processes shall be served upon
the President, or, in his absence or
in ability to act, then upon any other
officer or agent of the corporation, in
accordance with existing provisions of
law.
ARTICLE III-The objects and pur-
poses for which this corporation is or
ganized and the nature of the business
to be carried on by it 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, machln-
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 manufac-
ture of SauSageS, smoked meats and
other packing-house products and 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 (s25.000)
dollars. divided into two hundred and
fifty (250) shares, of the par value
of one hundred (S100) dollars each, all
of which shall be common stock, and
the amount to which the capital stock
may be increased is hereby fixed at
the sum of fifty thousand (S50.000)
dollars: the said stock shall be issued
only for cash or in payment of prop
erty or services actually received by
or rendered to said corporation; said
stock shall be fully paid for at the
time of it's issuance and thereafter be
worcestershire.
Fifty per cent 5000. or twelve thou
sand five hundred (s12.50O) dollars of
the capital stock shall be subscribed
before the filing of this act of incor-
poration, and fifty per cent. (5OG) of
the amount so subscribed shall be ac-
tually paid in before the corporation
engages in business. and the remainder
of the amount so subscribed shall be
paid in within one year from and after
the date hereof: the residue of the
stock shall be issued and paid for SUBJ
ject to the action and call of the Board
of Directors. in conformity with 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 shall
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 n
period of ten days, at the book value
of such stock as shown by the books
October preceding the date of such
offer. 1t shall be the duty of the
Board of Directors promptly. upon re-
ceiving an offer of sale of any of the
| capital stock of this corporation. tC
| commune cate the same to the stock
holders, in writing, through the Secre-
! tary of the Company; and eacn of the
said stockholders shall be entitled to
purchase such proportion of the stock
| so offered for sale as the number OF
shares owned by him bears to the
| number of shares owned by all other
| stockholders desiring to participate in
4 the purchase. No sale under foreclo.
| sure, attachment or other process, OF
| 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
/ l.,Ns@ =.
meeting of the Board, or at a 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 bt
exercised by a Board of not less thar
| three nor more than five directors. as
! determined in advance each year by
| the stockholders at the annual meet
| ing. The said directors shaal be bona
! fide stockholders and shall each owl
| at all times one full-paid non-pledgeC
share of stock. The first Board Of
| Directors shall consist of Louis ]. Ar
| tlgues, whose postoffice address Is
1854 Gravier street. New Orleans: Johr
J. Antiques, whose postoffice address:
| is 1919 Melpomene street New Orleans
| Bertrand Antiques, whose postoffict
| address is 2S5 Broadway street New
| Orleans, with the said Louis J. Ar
tigues as President, John j. Antique:
as Vice-President and Bertrand Ar
| tigues Secretary-Treasurer
The above-named Board of Director,
| and each succeeding Board shall con
! tinue and hold office for one year. OF
| until their successors are elected anC
| qualified: the persons to be hereafter
| elected directors shall select from theil
own number President, a Vice-Presi
| dent and a SecretaryTreasurer. TIL,
| Board of Directors may from time L
| time as the business of the corpora
ton shall dictate, appoint any two o.
the above office in one and the sam,
person, excepting the office of Presi
| dent and Vice-President.
On the first Tuesday of October o.
| each year, unless the same should fal
on a legal holiday. then upon the mex
| following lay day. the stockholder:
| the ensuing year; the Board of Direc
I tors, as well as the officers already
4 installed, shall continue in office unit
| their SUCCESSORS are elected and quail
fled. The election of Directors shall
be by ballot, and the person receiving
the majority of votes cast shall be de
clared elected. For electing Directors
| of stock shall be entitled to one vote
whether present or by proxy, but M
| fractional share OF stock shall be en-
1 titled to vote. A majority of Direc
| tors voting at any one time, in person
| or by proxy. shall be required to pass
| any resolution or adopt any bylaw
| and which. when so adopted, shall be
| vacancy on the Board or among tn.
officers from any cause. the remaining
members of the Board shall have tn,
| power to fill such vacancy. Said Boart