The herald., 1911-11-16
AMENDMENT TO
CHARTER
UNITED STATES OF AMERICA, STATE
OF LOUISIANA, PARISH OF OR
LEANS. CITI OF NEW ORLEANS.
FRITZ JAHNCKE UNCD"

~
LEANS, CITY OF NEW ORLEANS.
BE it known, that on this eighteenth day
OF the month Of August, in the year one
thousand nine hundred and eleven, before
me, Felix J. Dreyfous, a notary public, duly
commissioned and sworn in for the parish Of
Orleans and city OF New Orleans, therein
residing, personally appeared MesSrs. Ernest
Lee Jahncke and Paul +. Jahncke, both OF
this city, special committee appointed for
the purposes hereof.
Who declared that at a meeting OF the
stockholders Of the FRITZ JAHNCkE
tlNC.),' corporation organized under the
laws OF this state, by an act passed in this
Office on August %. 1908, recorded in the
mortgage office, book 9l2, folio 36S,-held
on July 2S, 1911, pursuant to notices sent
TO each stakeholder at his last known post
office address, Article " OF said charter
was amended 50 as TO read hereafter as
follows:
ARTICLE ".
The capital stock Of this corporation Is
hereby fixed at the sum Of thirty thousand
dollars, divided into three hundred 5000
shares OF the par value OF one hundred
(SlOOl dollars each, which shares shall be
paid for In cash or in the purchase Of pro-
perry. All shares Of stock shall be full paid
and worcestershire. No transfer of stock
shall be binding upon the corporation unless
made upon its books. and ali certificates OF
stock shall be signed by such officers a,
may be designated by the board Of directors.
All stocf in this corporation shall be
held upon a condition precedent and under
contract and agreement In the nature of
vested rights that all such stock is so held
and possessed subject to the rule and prOvi-
slons for the transfer Of same hereinafter
set out, to-wit:
First No sale or other transfer of shares
or stock In this corporation shall be valid
until and unless the opportunity has been
nrst afforded the shareholders OF record at
the date OF such transfer. sale or other
alienation, to purchase such stock at book
value plus twenty-five per cent, the value
TO be ascertained in the manner herein pre-
scribed. The right to acquire said stock
hereby first vested in the other stockholders
OF record shall follow the stock into any
hands TO which Ii may pass and may be
exercised against the holders thereof within
ninety days from the time any sale or trans
fer thereof has been offered to be entered
on the books Of the corporation.
1t snail be the duty OF any holder Of
stock in this corporation who intends or de.
slres TO sell, transfer, ALLEVIATE or other
wise dispose Of the same to give ten DAYS
written notice Of such intention or desire
TO the board OF directors OF the corporation,
VINO are hereby constituted agents Of the
other stockholders 70: the purpose OF such
notice, and said board Of directors shall give
Immediate Information thereof, in writing
TO all the other stockholders Of record Be
fore the expiration of the ten DAYS from the
receipt or said notice by the board OF direc-
tors any shareholder OF record NAV offer 10
purchase, and may acquire the right to pur-
chase, said stock by notifying the board OF
directors in writing and thereafter shall
deposit the price OF said stock in cash with
the corporation on or before the expira ton
or eighty days from the last mentioned date.
Upon the receipt OF the first mentioned
notice, the board of directors shall advise
the person owning said stock, his agent or
representative, to join with said board in
nxing the value Of said stock which value
snail be established on the basis Of the last
annual or semi-annual statement or report
or the corporation and the last monthly trial
balance preceding the date of such notice.
and to the value thus found and established
there shall be added twenty-five per cent
and the sum thus found and established shall
constitute the value and price OF said stock
III within twentyfour hours after such
notice; the owner, his agent or representa-
tive, does not join with the board in esta B.
fishing the price or value Of the stock. the
board may proceed without further DELAY TO
nx the said value, using the report and trial
Daiance aforesaid for that purpose, which
writings are declared to be conclusive evil
dence for and against all parties in interest
In the premises, whether the value Is estab-
lished by the joint act of the owner his
agent, widow, heir or representatives, or by
the board or directors acting in default OF
the cooperation Of said person or persons
Upon receipt OF the Offer or acceptance of
any shareholder TO purchase said stock and
upon obtaining guarantee satisfactory TO
said board for the price thereof. the boa I'd
OF directors shall thereupon give notice
thereof to the owner Of the stock, his agent
or representative, and before the expiration
Of the period Of eighty DAYS aforesaid shall
call In the certificate or certificates repre-.
senting such stock and pay the price or
value thereof and cause the same to be
transferred ON the books to the purchaser.
Second The preference, option and right
OF purchase heretofore vested BY paragraph
First In the other shareholders shall exist
IN full force and eject in their favor to &C
CURE the shares OF stock Of q deceased stock
holder and the formalities and course of
procedure, the terms, conditions. stipula.
lions and delays hereinabove established In
said paragraph shall apply in all respects
TO the procedure to be followed in case of
death. Immediately upon receipt of ilfor.
nation OF the death OF any shareholder, n
snail be the duty Of the board Of directors
10 cause the necessary steps to be taken to
carry out and enforce these provisions
Third The preference, option aud right
or purchase hereinabove established shall
run In favor Of each shareholder Of record
ior mis- virile share In proportion to his ex-
lstlng holdings In the stock. but should any
shareholder fail to exercise his right in this
| regard his rights shall pass to and be alb
sorbed by the other shareholders, provided
that the owner, his widow, heirs or legal
representatives, as the case NAV be- shall
not be obliged to deliver said stock unless
! the offers to purchase the same shall include
and cover the entirety of the offerings under
paragraph First or all Of the holdings under
Fourth. All certificates of stock shall
bear upon their face a brief reference to the
stockholders
As the whole more fully appears by tn.
annexed certified copy Of the minutes OF
said meeting, made a part hereof.
Thus done and passed In my office, on the
day, month and year first above written, In
the presence Of Frank B. Twomey and Frank
j: Basile, competent witnesses, who have
signed with the appearers and me, the no,
tary, after reading the whole
Original signed) Eernest Lee Jahncke
Paul +. Jahncke.
+. b. Twomey, r. J. Basile
FELIX J. DREYFoUs, Not Pub
i, the undersigned, recorder Of mortga ges
In and for the parish of Orleans and state OF
Louisiana. do hereby certify that the above
and foregoing amendment to the act of in.
corporation Of the Fritz Jahncke Zinc "
was this day duly recorded In my Office, In
book -, folio =
New Orleans, August 10, 1911.
(Signed)
EMILE LEONARD, ID. R.
true copy from the original act: =
FELIX ]. DREYFOUs, Not Pub
tSeall 2O4 L. & L. & G.. Building
oct IL 10 % nov 9 0 10 1911