The herald. [volume] (New Orleans, La.) 1905-1953, 1912-07-25
AMENDMENT TO CHARTER

OF DAMERON-PIERSON COMPANY, LIN
TIED.
July H. 1912
STATE OF LOUISIANA. PARISH OF OR
LEANS, CITY OF NEW ORLEANS.
Be it known, that on this twelfth day of
the month of July, in the year of our Lord
one thousand nine hundred and twelve and
of the independence of the United States of
America the one hundred and thirty-seventh,
before me, Felix Joseph PUG, a notary pub
lie duly commissioned and qualified, in and
for the parish of Orleans, state of louisiana,
therein residing, and in the presence of the
witnesses hereinafter named and under
signed. personally came and appeared ::
Frank cameron, OF the full age Of ma jority
and resident of this city, herein appear
ing and acting as president, and G. King
Logan, of the full age of majority and
resident of this city, herein appearing and
acting as secretary of the Cameron Pierson
Company, Limited, who declared that at a
general meeting of the stockholders of the
Dameron-Pierson Company, Limited. a cor
pOration created under the laws of the state
or Louisiana, as per act of Incorporation ex-
ec9ted before William 7 Brewer, a notary
public in this city, on Feb I, 1904, and regis
tered In the mortgage Office of this city In
book IS1, folio 14S, was convened at its do
micile at the corner of NatcheZ Alley and
Camp street in this city, on June 49, 1912
after due notice of said meeting had been gil
ven by publication In the Algiers Herald,
newspaper published in the city of New Or
leans, after thirty days prior notice given
tice mailed to each stakeholder That both
said notices, the one by publication and the
one by writing mailed to each stakeholder
set out the same purposes and objects, as
well as the time and place of the said meet
ing; that the same had been called to de-
termine whether or not the charter of said
corporation should be changed altered or
amended.
That on the eighteenth day Of June, 1912,
said general meeting of stockholders was
held at its domicile aforesaid and there
were present or represented the holders and
owners of five hundred shares which repre-
sent and constitute the entire outstanding
capital stock Of said corporation That at
said meeting 1t was unanimously resolved
and voted by the holders and owners of said
five hundred shares which represented the
total outstanding capital stock of said DAM
er0n-Piers0n Company, Limited:
That said Article Second of said charter
be altered and amended so as to read as
follows:
ARTICLE H.
The capital stock of said corporation is
hereby fixed at the sum of $14O,OOO.OO, d.
vided into and represented by 1,400 shares
of the par value of one hundred dollars EACH
That said stock shall consist of and be is
sued as two different classes: the first there
of shall be known as the First Preferred
stock and the second as the common stock.
Section 1. The amount Of first preferred
stock is fixed at the sum of 100000, d.
vided into and represented by shares Of a
par value Of one hundred dollars each. The
first preferred stock shall be entitled by
preference and priority over the common
stock Of this corporation, to dividends in
each and every year at the rate of per
cent per annum, payable out of the profits.
Such dividends shall be cumulative, limited
to per cent per annum and the first pre-
ferred stock shall be entitled to no other or
further shares in the profits except as here
matter provided All payment of dividends
on the said nrst preferred stock shall be
without deduction for any tax or taxe9