The Louisiana Democrat. [volume] (Alexandria, La.) 1845-1918, 1897-07-21
AMENDMENTS TO CHARTER.
NRW ORLEANS, La,

July b, 1871.
CENERAL MEETING OF THE
" stockholders of the FALKLAND
RIA COMPRESS AND WAREHOUSE
COMPANY" called for the purpose of
amending Articles and " of the char
tor of the Company and establishing 4
new Article thereto, after due notice
thereof had been given by publication III
the Times Democrat, a daily newspaper
published in the City Of New Orleans for
fifteen days prior to the date hereof, as
required by Article VIII Of said act OF
incorporation. L
Present and represented four hundred
and sixty {46O) shares of the full paid up
stock, (bring more than three-tonrths OF
the entire capital stock thereby
BY unanimous vote of the stock pres
ent and represented, tho following
amendments to Articles and Nv of, and
Il new ArtI le to the original charter OF
this CompaI'E. were made and adopted,
which Original! charter was passed before
}. Bcnde,nasel, late Notary, i'll New Or
leans, OH the 9Th day Of July. 1887, duly
recorded in the Mortgage office for the|
Parish of Orleans, in Book 353, folio l05;
That Article he SO amended as to read
and stipulute as follows:
ARTICLE l.
The name and title Of this corporation
shall be the "ALEXANDRlA COMPRESS
land WAREHOUSE COMPANY" and
! by that name it shall have succession
aud corporate existence during the term
of ninety-nine years from date hereof,
, unless sooner dissolved in the manner
hereinafter mentioned.
The legal ,lolnicile Of this corporation
shall 10 il the City of Alexandria, in the
Parish Of Rapides, State of Louisiana {;
it shall have power and authority to pur-
chase and convey both real and personal
property, adopting Il corporate seal, such
as may he agreed upon by the Board of
Directors.
And that Article w be amended so as
) to stipulate- :,
, 1st. That the number of Directors shall
, be increased from FIVE to seven, and
! therefore that portion Of said Article IT,
ferring thereto shall read as follows
; The corporate powers of this corpora
y ton shall be vested in a Board of seven
u Directors, composed of stockholders OF
8 this corporation, to DO elected annually,
2 four of whom shall form quorum and
their acts shall he valid and corporate
acts, and no stakeholder shall become a
J. Director unless he holds in his own right
!, five shares Of the capital stock.
I'd. That the Secretary and Treasurer
need not be u Director aud therefore thai
< the portion of said Article referring
thereto shall read
, And the Board of Directors then elect
% ed shall choose from among their number
u President, Vice-President and Gene
n raj Manager, and they shall elect
Al Treasurer and a Secretary, who may o
may not he a member Of tho Board o
Directors, bit who shall be the holder Q
Y at least five shares Of stock, and til
IF Board of Directors shall appoint sue
= other officers and employees AZ they ma,
. doom proper to serve during thei
' pleasure.
And that new Article be embodied i
the charter hereof, which shall read an
N stipulate az follows, (the same to b
y known as Article IX:)
~ ARTICLE TX.
b Any stakeholder of this corporation DE-
string to sell his or her stock, shall fir.
ne offer the same to the Board of Director
I'd for purchase. In case the offer shall b
no declined, then and in that case the stool
~ holder shall have the privilege to SO
" and transfer Ills stock to any purchase
o. or purchasers. ou
~ CHAs. n. GREENE, Secretary.
-; Chairman.