The herald., 1912-12-19
AMENDMENT To
AMFsNIINIENI To
ACT OF INCORPORATION
OF THE LOUISIANA GRAVEL AND LAND
HnNiDANN

AMENDMENT To
ACT OF INCORPORATION
OF THE LOUISIANA GRAVEL AND Land
COMPANY
STATE OF LOUISIANA. PARISH OF OR
LEANS. CITY OF NEW ORLEANS
Be it known. that on this third day OF
December in the year one thousand nine
hundred and twelve, before me, William
| Renaudin, notary public in and for the
parish OF Orleans, state of Louisiana, duly
commissioned and qualified and in the pres
ence Of the witnesses hereinafter named and
undersigned, personally came and appeared
Joseph III. HObsOn, president, and Charles
MendelSOn, secretary Of and herein repre-
senting the Louisiana Gravel and Land Com
pany. Incorporation duly organized under
the laws of the state Of Louisiana, and do
miciled in the city Of New Orleans, created
by an act passed before the undersigned no.
tary on the 9TH day Of April, 1909, duly re-
corded in the mortgage Office of this parish
in book $50, folio 100; under and by virtue
Of resolution of the stockholders of said
corporation adopted at their meeting held on
the 2Sth day Of October. 1912, and at which
meeting the notice required TO be given by
publication in the daily newspaper pub
lished In the city of New Orleans, as pro-
yided In Article Fifth of the Charter of said
company, was given by the secretary there
of and at which meeting more than three
fourths of the capital stock of said corpOr-
alton was present and represented and voted
In favor OF said resolution a duly certified
copy of which said resolution is hereuntO
annexed and made part hereof: Which ap-
bearers declared that at said meeting called
and held aforesaid the following amend
ments TO the act of Incorporation of said
company were submitted and unanimously
adopted.
ARTICLE H.
The objects and purposes for which this
corporation is organized, and the nature OF
the business to be carried on by IL are
hereby declared TO be to purchase, acquire
sell and own real estate in the state OF
Louisiana and other states to mine dig or
DumD. DuV and sell Sfnna
and manufacture any articles or products
made of gravel, sand and cement, TO erect
and maintain buildings, machinery for such
manufacture, to buy and sell cement lime or
any other kind of building material and 10
maintain warehouses in this or any other
state and to engage in the marketing and
transporting of any of its products, also To
engage in the business of Transporting
freight; TO own or otherwise acquire and
operate cars; TO enter into and execute con-
tracts for public works. federal, state or
municipal: and generally to engage in any
other business, undertaking or enterprise
with or incidental to any OF the purposes
herein set forth or contemplated hereby.
ARTICLE III.
The capital stock Of this corporation is
hereby fixed at the sum OF two hundred and
nifty thousand dollars $3.50 100000, divid-
ed into and represented by TWENTY-FIVE thou
sand shares Of the par value of one hundred
dollars each. Said stock may be paid for
In cash or In property labor or services.
made over or rendered to the corporation at
a valuation TO be fixed by the board of
directors or executive committee, and cash
amounts, at such times as the board Of d.
rectors or executive committee NAV pre-
scribe.
ARTICLE ".
All the corporate powers of this corpor-
alton shall be vested In and exercised bv
board OF five 90 directors, each of whom |
must own at least five shares of stock in |
This corporation. majority of whom shall
q a.
all business.
The officers of this corporation shall con-
sist or president, vice-president, secretary
ind treasurer who shall hold office during
me term or the board. The directors OF
mis- corporation to serve for the ensuing
rear shall be elected on the fourth Thursday
~ February. 1911, and shall hold ofice un-
II the fourth Thursday In February, 1912, |
Qualified, and Immediately after their cleo
Ion they SHALL meet and elect a president
'ice-p president, secretary and a treasurer.
O2 the fourth Thursday of February,
SlZ, and annually thereafter, an election
or directors shall be held at the office OF
he corporation under the supervision OF |
me commissioner to be appointed by the
resident; after ten days prior written no.
Ice snail have been given by the secretary
0 each stakeholder, directed to his last
,nown residence or place OF business and
ne directors then elected shall Immediately
axe their seats and hold Office until their
uccessors shall have been duly elected and
ualifed.
Each board Of directors Immediately after
heir election annually, at their first meet
ng, shall elect a president, yice-president |.
ecretary and a treasurer.
!, All vacancies occurring In the board of
directors from any cause, whatever. shall |
e niled by the remaining directors
All corporate elections shall be by ballot
nd majority of votes cast shall elect and
ach share of stock shall be entitled tn ono
QUE elther In person or by proxy at all
Meetings of the stockholders.
A failure to elect directors ON tba Hat.
peclned shall not dissolve the Corporation
ut the directors then in Office shall continue
mold same until their successors shall
ave been duly elected and qualified
Any director of this corporation shall
ave the right to delegate to another al.
ector In writing any Of the rights and
overs enjoyed or exercised by him as such
And that In all other resnects tha so,s
orce. anu Al iuIi
Thus done and passed in nv potaria; o.
ne at NEW W orleans aforesaid, in the pres
ompetent witnesses of lawful age and re-,
lding In this city. who hereunto subscribe
neir names, together with said appearers
nth n ie notary aSe ,e on the day and date set
original signed: Joseph H. Hobson nras
rnt Chas: Mendelson, secretary. W. A.
a.. WM. hENAUDIN, Not Pub
L, tne Undersigned recorder of mortga res
and for the parish of Orleans. state of
o9isiana, do hereby certify that the above
nd FOREGOING amendment to the act OF ins
o , s OF the Louisiana Gravel and
ana company was this day duly recordaJ
my office, In book 1856, folio -.
ew orleans, La, December 4, 1912.
lSigned) EMILE IEONARD m ID
l. me undersigned notary, do hereby Ger.
~ the above and foregoing to be q tria
nd correct copy of the original Amendment
the act of Incorporation of the Louisians
ravel and Sand Company, together with
re certincates OF the recorder Of mortgages
my Office Vi ieeoru
In faith whereof, hereunto set nv handI
nd seal this 4th day Of December. A n