The herald., 1912-06-06


UNITED STATES OF AMERICA. STATE
OF LOUISIANA, PARISH OF ORLEANS
CITY OF NEW ORLEANS.
BE il known, that on this 9th day Of the
month of May, 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-siXth
before me- Ethered Macaulay stafford, a
notary public, duly commissioned and quail
lied in and for the Parish of Orleans, State
OF Louisiana, personally came and appeared,
Victor l. Sylvester, president Of the CreS-
cent city Building and Homestead ASSOci-
alton. and Mr.. George F. Morris, secretary
or said Crescent City Building and Home
stead Association, and which said associa-
ton has organized under the laws Of the
State of Louisiana, as per nOtarial act on
the date of April 18th, 1903, recorded in
mortgage office book $50, folio $50. ct sec.
said appearers declared that after due
notice given to the stockholders Of said as
ISOLATION in compliance with the charter
OF said company, and the laws of this state,
general meeting Of the stockholders Of
said association was held on the lst DAY
of May, 1909, at their office in the City OF
New Orleans for the purpose of amending
the charter Of said company. as will be
shown by the certificate of publication here
TO attached and marked by me, notary, Ne
Narietur" for Identification herewith and
by the certified copy of the minutes of said
meeting also hereto attached and paraphed
Ne Narietur by me, notary. for identih-
cation with this act.
That at said meeting, as appears by the
extract OF the minutes, three hundred and
sixtyfour shares of stock of the Crescent
City Building and Homestead AssOciat ton
were present and votes in favor of amend
ing articles 4 and Of the charter of said
association.
Now, therefore, in order to carry out the
vote of the said stockholders. and to give
publicity, the said amendments adopted by
said stockholders at said meeting, the said
appearers acting in their aforesaid capaci-
ties and under authority OF the annexed
resolution of the board of directors of said
corporation, adopted at a meeting held on
the 2nd day OF May, 1912. do hereby pro-
claim and make known that articles 4 and
) of the charter Of said Crescent City Build
ing and Homestead Association were hereby
modified and changed as follows, to-wit:
ARTICLE ".
Sec. IL. On January LIST and July LIST,
OF each year, the board OF directors shall
ascertain the earnings of the association
for the preceding six months and out Of
such earnings they shall deduct all the e1-
penses of the association for such time, and
the balance remaining, after setting aside,
if the directors see fit, such an amount as
they shall deem best to a fund for contin-
gent losses or surplus account, shall be
declared as a dividend to the shareholders
In proportion to the value Of stock of each
member at the time the preceding dividend
was declared.
ARTICLE V.
Paragraph 3. The directors shall elect
from their number a president, first vice
president, second vice president, secretary,
treasurer, attorney and a notary. They
shall appoint such other officers and en-
plOyees as may be necessary, who shall hold
office subject to the pleasure of the board.
Tney shall fix the compensation OF all Off
GERS and employees, and any officer may
hold two Offices.
Thus done and signed in my notarial Of
flee in the City OF New Orleans, on the day,
month and year, herein first above written,
in the presence of Messrs. Leonard C. Vach-
er and Howell Carter, Jr.. competent wit
nesses of lawful age who hereunto sign
their names with said appearers and me,
notary, after reading of the whole.
Signed: Victor E. Sylvester, president !;
George f. Morris, secretary. Witnesses ::
L. c. vacher Howell Carter, Jr.
ETHELRED NJ. STAFFORD.
Notary Public
I, the undersigned Recorder of Mortgages
in and for the Parish of Orleans, State OF
Louisiana, do hereby certify that the above
and foregoing amendment to act of incor.
poration of the Crescent City Building and
Homestead Association, was this day duly
recorded in my Office in book 1855, folio =.
New Orleans, May 10. 1912.
(Signed) EMILE LEONARD, by. r.
true copy.
ETHELRED VI. STAFFORD,
may 16 % 80 june 8 10 20