The Louisiana Democrat. [volume] (Alexandria, La.) 1845-1918, 1897-07-28
AMENDMENTS TO CHARTER.

New ORLEANS, Ia, !
july t, 1897.
GENERAL MEETING OF THE
VI stockholders of the "ALEXAND
RIA COMPRESS AND WAREHOUSE
COMPANY" called for the purpose Of
amending Articles aud " Of the char
ter of the Company and establishing II
new Article thereto, after duo MOTTO.
thero: had been given by publication in
the Times Democrat, Il dnily newspaper
published in the City of New Orleans for
fifteen days prior 10 the date hereof, as
required by Article VIII of said act OF
incorporation.
Present and represented fonr hundred
and sixty (i60) shares of the full paid up
stock. (being more than thrce: tnilths Of
the entire capital stock thereby
by unanimous vote of tho stock pres.
cnt and represented, tho following
amendments to Articles anh " Of, and!
new Article to the original charter of
this Company. We're made and adopted,
which original charter was passed hcfc:e
J. B"nderuaSel, late Notary, in New Or
leans, on HE 9th day Of July, 1887 duly
recorded in the Mortgage office for The
Parish If Orleans, in Book 35'. folio ln5;
That Article be SO amended rs TO read
and s!'pn'a;e AS follows;
ARTICLE 7.
The name ana title of this corporation,
shall he The "ALf.HANDHiA COMPRESS
AND WAREHOUSE COMPANY" and
by that nalnc it shall have succession
and corporate existence during the term
,,} nj, AT " ,,i, ,i,t. l.
unless sooner dissolved in the manner
hereinafter luentnned.
The loyal dnmicic Of this corporation
shall be in the City Of Alexandria, in the
Parish ot Rarides, State OF Lou siana ::
it shall have power and an, hnrity to rur-
chase and convey both real and personal
property, adopting L corporate seal, such
as may hc agreed upon by the Board of
Directors.
And that Article " be amended SO ar
to stipulate-
list. That the number of Directors shall
be Increased from five to seven, and
therefore that portion of said Article re-
fcrring thereto shall read as follows
The corp"rate powers Of this corpora
ton shall be vested in &: Board of seven
Directors, composed Of stockholders of
this corporation, to be elected annually,
four of whom shall form a quorum and
their acts shall DO valid and corporate
acts, and no stakeholder shall become a
Director unless he holds IN his own r,gh,
five shares of the capital stock.
I'd. That the Secretary and Treasurer
need not be Il Director and therefore that
the portion Of said Article referring
thereto shall read
And tho Board Of Directors then elect
cd shall choose from among their number
IL President, Il Vice. President and Gene
raj Manager, and they shall elect a
Treasurer and Secretary, who may or
may not he a nembcr Of the Board of
directors, hat who shall be the holder of
ut least five shares of stock, and the
Board of Directors shall appoin: snch
other officers and employees as they may
deem proper to serve during their
pleasure.
And that 4 now Article be cmhniird il,
the charter hereof, which shall read and
stipula'e as follows, (the same to bs
known as Article IN:)
ARTICLE TX.
Any stakeholder of this corporation do
string to sell his or her stock, shall fist
offer the same TO the Beard Of directors
for purchase. In case the offer shall be
declined, then and in that ease the stock
holder shall have he privilege to sell
and transfer his stock to any purchase,
"r purchasers.
EOBT. STRONG,
ChAs' NJ GkHESE, Secretary.
Chairman