New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-01-26
CORPORATIONS.
A MENDMENT OF CHARTER.
LOui0f0D0 LoVeO COmP00y.
STATE OF LOUISIANA
PARISH OP ORLEANS-CITY OF NEW ORLEANS.

PARISH OF oRLEANs-CITY OF NEW ORLEANS.
Charles Cuvellier.. notary public duly commits.
stoned and sworn in and for the parish OF Orleans
and city Ssr a tb 81
appeared the persons whose names are hereunto
s sa Of the Louisiana Levee company, =
sp acas
above named n"tary. on the eleventh day Of Feb.
eusry, in the year 1871, and recorded the same day
in BOOK Of societies NJ g. foios and and
further recognised and approved BY an act Of the
~ 1871, being act No. 4 in the volume Of the acts
Of the session of 1871.
That, in conformity to the ninth article Of the
aforementioned charter or act of incorporation,
general meeting of the OF the said COM
psny was convened aud held at the domicile there
and certain notifications. additions and changes
IA the original articles Of said charter were pro-
posed and assented to BY majority Of all the cap
,tal stock Of said corporation; the same being -
follows, to witt
That paragraph four ofsad article second, by the
addition of the words or by the United States" be
~ To accept and exercise all such powers. PRIV:
l,eges and franchises as may hereafter pc &ranteo
to or conferred upon the said company by the gov
erument of the United States of OF the States
interested in The construction and maintenance 81
eyees on the banks OF the river Mississapp Gd M
with any company chartered in any OF the eaid
states 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 cnat!
ne one million dollars, represented by one hundred
thousand shares Of ten dollars each; provided now
ever, that the Directors are authorized ana re-
five hundred Thousand dollars, by issuing one
hundred Thousand shares of preferred stock. OF
s0ss PR to ~
in the existing stock Of the company, to De deslg-
mated thereafter ~ ordinary stock the o,ia NEE
time and in such manner Is the board may deter
mne provided, further, that the right Of sub.
per share in certificates of ordinary stock shall
cease at the expiration of six months from the
date OF the o. TINS nnt o the esrnas
company to dividends to the extent Of twenty per
cent per annum Of said earnings before the Or
binary stock shall participate therein.
NO increase Of the capital stock Of the company
ahall hereafter be made except in dividends Of
stocks to tho stockholders. and the capital stock
OF the company shall never be increased beyond
i've million dollars"
That said article be amended by adding thereto
mo person shsli hold, the Office of Director who
10 resident Of this State. and the owner OF 81
least one hundred shares OF the stock OF the COM
aany."
That said article be amended by striking ont
tion," go that it will hereafter read - follows:
ART. 9. At o general meeting convened for that
purpose. and Of which notice BY publication, e. 10
for at least twenty days. the stockholders may
make any notifications, additions or changes n
these articles with the assent of majority Of ell
the capital stock of the corporation. On ali mat
ters submitted to the vote of the stockholders
they shall be entitled to one vote for each share
bold hvt ham 68me
p''''A VI " ARTICLE Kill
the word three" for the word five" therein, 90
that the first lines thereof will hereafter read as
follows a.. =.
the company shall be made by thee commits.
sioners elected by the stockholders at the time
designated for the last general election OF dlrec'
tors" etc.
Wherefore the said appearers each representing
company set opposite their respective signatures
hereto, and constituting together the requisite ma
jorty, do hereby declare and acksoxiedse the
changes TO have been duly adopted; that the same
are a part of the charter of the said company and
binding upon all the stockholders thereof and
such as NAV hereafter become stockholders therein
and they do hereby authorize the recording ano
publication thereof according to law.
Thus done and passed at the city of New Orleans
aforesaid in the presence of Martin L. Ainsworth and
Benjamin Dry, competent witnesses, VINO hereuntc
sign their names, toSe heI Win lne sau ~
and me the said notary this twenty first day Of the
month of December, in the year one Thousand
eight hundred and seventy one.
IOrginal signed by stockholders representing
eightythree thousand two hundred and fifty Sly
{33,256) shares Of the capital stock.l
III. L. AINswoRTH
BENJAMIN DRY.
P CHS. CUvELLIER Notary Public.
I, the undersigned. Recorder of Mortgages in ant
for the city and parish Of Orleans, State OF Lou
isana do hereby certify that the foregoing amend
nent to charter of Louisiana Levee Company
has been this day recorded in this office, &C
cording to law. in Book Society ., fohos '"' %
and 592.
New orleans, December %, 1871.
C. DARCANTEL, Deputy.
Icertify the foregoing to be a true copy of tn
original act and certificate Of record in my notarla
p CHS. CUvELLIRR, Notary Public.
loo los II On 17