The herald. [volume] (New Orleans, La.) 1905-1953, 1911-11-09
AMENDMENT TO
CHARTER
FRITZ JAHNCKE UNCD"
UNITED STATES OF AMERICA, STATE
OF LOUISIANA, PARISH OF OR
LEANS, CITY OF NEW ORLEANS.

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, 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.D," a corporation organized under the
| laws of this state, by an act passed in this
office on August -, 1905, recorded in the
| mortgage office, book 9l2, folio 36S,-held
| on July -, 1911, pursuant to notices sent
! TO each stakeholder at his last known post
Office address, Article " Of said charter
was amended 50 as 10 read hereafter as
| follows:
ARTICLE ".
| The capital stock OF this corporation I.
hereby liked at the sum Of thirty thousand
dollars, divided into three hundred (3OOI
| shares OF the par value OF one hundred
| (SlVOl 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 ~ binding upon the corporation unless
made upon its books, and all certificates of
stock shall be signed by such officers a.
| may be designated by the board Of directors.
| All stock in this corporation shall be
held upon condition precedent and under
contract ana agreement in the nature OF
| vested rights that all such stock is SO held
ana possessed subject 10 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
| first afforded the shareholders OF record al
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 ascertaned 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 10 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.
i 1t snail be the duty OF any holder OF
stock in this corporation who intends or de.
| Sires TO sell, transfer, ALLEVIATE Or other
wise dispose OF the same TO give ten DAYS
written notice OF such intention or desire
/ 10 the board OF directors Of the corpora ton,
Who are hereby constituted agents OF the
other stockholders fo- the purpose Of such
i notice, and said board OF directors shall give
immediate Information thereof, in writing
10 all the other stockholders OF record. Be
fore the expiration of the ten days from the
receipt OF said notice by the board Of drec
| 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
utpOSll Tue price OF SAID STOCK In cash with
the corporation on or before the expiration
OF eighty days from the lastanentiOned 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
liking the ysiue OF said stock, which value
shall be established on the basis Of the last
annual or Semi-annual statement or report
: OF 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
II within twentyfo four hours after such
notice the owner, his agent or representa-
1--WE, does not join with the board in eStab-
ilshlng the price or value OF the stock the
; board may proceed without further delay to
nI the said value, using the report and trial
balance 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-
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
J any shareholder to purchase said stock and
upon obtaining guarantee satisfactory TO
] said board for the price thereof the boa rd
OF directors shall thereupol give notice
thereof TO the owner Of the stock, hi. agent
or representative, and before the expiration
OF the period Of eighty DAYS aforesaid sba II
call In the certificate or certificate. repre-
sen1i,s th such stock and pay the price or
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 ac-
: quire the shares OF stock Of a deceased stock
holder; and the formalities and cosrse of
A procedure, the terms. conditions stipula.
y lions and delays hereilabove established In
y said paragraph shall apply In all respects
to the procedure to be followed in case OF
, death; Immediately upon receipt of isfor.
shall be the duty Of the board of director.
10 cause the necessary steps to be taken TO
carry out and enforce these provisions
:. Ihlrd. The preference, option and right
A or purchase hereinabove established shall
n run In favor Of each shareholder of record
TOT mis- virile share In proportion to his e1
!, listing holdings In the stock but should apy
,, shareholder fail to exercise his right in tbi.
o regard his rights shall pass to and be alb
o sorbed by the other shareholders. provided
e that the owner, his widow. heirs or legal
n not be obliged to deliver said stock spIes.
;. the offers to purchase the same shall includ,
and cover the entirety OF the offerings under
!, paragr phi Second
: Fourth. All certificates Of stock shall
bear upon their face brief reference to tn,
, stockholders" "
I, As the whole more fully appears BY tn,
' annexed certified copy Of the minutes o.
s said meeting, made part hereof
9 Thus done and passed in nv Office on tn,
day, month and year first above writer II
$ the presence Of Frank B. Twomey and Franz
n j. Basile competent witnesses, who hav,
e signed with the appearers and me, the no
d tary after reading the whole.
+ Original signedD: Eernest Lee Jahncke
d Paul F. Jahncke.
Ill f. b. Twomey, F. J. Basile
IS FELIX j. DREYFoUs, Not Pub
r, L, the undersigned, recorder Of mortgages
e. In and for the parish Of Orleans and state O
louisiana, do hereby certify that the aboy,
and foregoing amendment to the act of In
corporation Of the Fritz Jahncke Zinc v
was this day duly recorded In my Office, II
'e book -, folio =. -
New Orleans, August 10, 1911.
u (Signed)
EMILE LEONARD, d. r.
A true copy from the original act:
FELIX ]. DREYFoUs, Not. Pub
tSeall 204 L. & L. & G. Building
oct IL 10 % nov 10 1911