New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1871-12-31
CORPORATIONS.
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4 MENDulKNT OF CHATTER.
LoIlnaana Leyeo CosDDany.
STATE OF LOUISIANA.
PARISH OF ORLEANS-CITY OF NEW ORLEANS.

PARISH OF 0RLEANS-ClTY OF NEW ORLEANS.
Be it known that this day, before me Pierre
and city Of New Orleans, State 81 Ioa.isAs aiSTe-
after named and undersigned, personally came and
| appeared the persons whose names are hereunto
subscribed and set forth, who severaly declared
stockhoders Of the Iouisians LeSee Company, :
corporation organized under the general laws OF
above named notary on the eleventh day Of Feb
raary, in the year 1871, and recorded the same day
s scef q CT @
General Assembly Of this State sppioved February
90 1871, being act No. in the volume OF the sets
Of the session Of 1871. ~
That in conformity to the ninth article Of the
general meeting the Of Tie said COM
pany was convened and held ct the domcile there
Of on Tuesday, The twelfth dsX q December. ISL.
posed and assented to BY majority Of al the cap
ital stock of said corporation; the same being -
follows, to wit:
That paragraph four of said article second BY tho
addition Of the words or by the United Ststes' b
~. To accept and exercise all such powers priv
leges and franchises - may hereafter be granted
eminent Of the United States Of any Of the states
interested in the construction and maintenance Of
on the banks Of the river g 81 s
with any company chartered In any OF the eai6
States or by the United states, for the same or like
purposes
That the following be substituted instead Of said
article, which will now read:
art 4: The capital stock Of the company ehall
thousand shares Of ten dollars EACH provided how
ever, that the Directors are authorized and ~.
quired to increase the capital stock to million
five hundred thousand dollars, by issuing ono
hundred thousand shares Of preferred stock, q
fifteen dollar. per share, payable only IN the
in the existing stock of the company. to be desi9
mated thereafter as ordinary stock, the balance.
time and in such manner as the board may deter
mine; provided, further that the right Of sub
per share in certificates Of ordinary stock ahaIl
cease at the expiration Of six months from the
stock shall be entitled, cut Of the earnings Of the
company, to dividends to the extent Of twenty per
cent per annum Of said earnings before the or
binary stock shall participate therein.
mo increase Of tie capital stock Of the company
shall hereafter be made except IN dividends Of
stocks to the Stockholders, and the capital stock
Of the company shall never be increased beyond
five million dollars"
ARTICLE v.
That said article be amended by adding thereto
"No person shall hold the ONCE Of Director who
is not resident of this State and the owner Of at
least one hundred shares of the stock Of the COM
pany."
ARTICLE TX.
That said article be amended by striking out
ton" So that it viii hereafter read =. follow:
ART 9. At general meeting convened for that
purpose. and Of which notice by publication, - in
the case of general elections, shall be- given
make any notifications, additions or changes il
these articles, with the assent of majority Of all
the capital stock Of the corporation. On al mat
tiers submitted to the vote Of the stockholders
they shall be entitled to one vote for each share
n he arnS4 in
person or by proxy"
ARTICLE XII.
That the ea;d article be amended by substituting
the word three" for the word five" therein %
that the first lines thereof will hereafter read e
follows:
ARTICLE IL. The liquidation of the affairs of
the company shall be made by thee commits
soners elected by the stockholders at the time
DESIGNATED for the last general election Of direc
tors etc.
Wherefore, the said appearers, each representing
the number Of shares OF the capital stock of said
company set opposite their respective signatures
hereto, and constituting together the requisite
jorty, do hereby declare and acknowledge the
changes 10 have been duly adopted: that the same
are part of the charter of the said company and
such may hereafter become stockholders therein;
and they do hereby authorize the recording and
publication thereof according to law.
Thus done and passed at the city of New Orleans
aforesaid in the presence of Martin Ainsworth and
Benjamin Dry. competent witnesses, VINO hereunto
slSu together WIN Lne SAID app00roE0
and me the said notary, this twenty first day Of the
month of december in the year one Thousand
eight hundred and seventy one.
IOriginal signed by stockholders representing
eightythree thousand two hundred and fifty six
(032s6) shares of the capital stock
NJ. L. AINswORTH
BENJAMIN DRY.
P.CHS. CUvELLIER. Notary Public.
I. the undersigned. Recorder Of Mortgages in and
for the city and parish Of Orleans, State Of Lou
isana, do hereby certify that the foregoing amend
ment to charter of Louisiana Levee Company"
led nffi no..
cordins to- law. in Book Society g. folios $780, 59l
and 592.
New Orleans, December %, 1871. 4.
C. DARCANTEL, Deputy.
certify the foregoing to be true copy of the
original act and certificate Of record in my nOtariaI
register.
p CHS. CUvELLIER, Notary Public.
deco ja6 Is 30 -