The herald. [volume] (New Orleans, La.) 1905-1953, 1913-10-09

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ETHELEED VI. STAFFORD. Notary Public.
sept IL IS p oct . . 10
AMENDMENT TO
CHARTER
OF CONSOLIDATED REALTY AND MAN
UFACTURlNG COMPANY.
state OF Louisiana. Parish Of Orleans. City
BE it known, that on this fifth day OF
September, nineteen hundred and thirteen
il9l"l, before me, George Montgomery, a
notary public duly commissioned and ouaIi.
he'd in and for the parish of Orleans and
city OF New Orleans, therein residing. per
S0nalIy appeared Mr.. Philip Forschler and
Mr. William Renaudn, both OF the full age
of majority and residents Of this civ here
IN acting as president and secretary respect
lively Of The Consolidated Realty and Man
ufacturing Company, Limited" a corpora
ton domiciled and doing business in this
city, and organized under the laws of this
state by act passed before William Renau-
din. notary public on December g. 1912 re-
corded in mort gage Office book 1850 folio
ia, and by virtue Of resolutions adopted BY
the stockholders Of said corporation at a
meeting held on September 3, 1913, a certi-
fed copy whereof Is hereto annexed and
made part hereof; which appearers, acting
as aforesaid, declared that:
whereas, at a meeting OF the StOckhOld-
ers of said corporation held on September
3, 1913. at its office In this city, the neces-
sary amount OF stockholders being present
or represented, amendments to the Preamble
and TO Articles |, ii, III and v OF the char
ter as below shown were adopted by the
unanimous vote OF all the stockholders pres
ent or represented ar said meeting and
hereas. appearers were authorized by
said resolutions to appear before the under
signed notary public and embody the de
sired amendments to said charter In a no
tarial act so as to conform to the law and
TO serve as In justice may appertain, or oc-
casion may require;
Now therefore the said appearers. acting
as Aforesaid, have requested me, notary, to
promulgate said amendments and make them
part OF the charter of said corporation TO
the end that said amendments shall hence
forth have the same force and effect as II
the original articles of Incorporation had
read as they will read as now amended:
l, said notary, have accordingly promul-
gated said amendments and do by these
presents make them part Of the original
articles OF Incorporation to serve as in law
and Justice may appertain, or occasion may
require to the end that said original arti-
cles OF Incorporation, as now amended shall
hereafter read as follows, to-wit:
PREAMBLE.
BE 1t known that on this Bird day OF
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
the persons whose names are hereunto sub
scribed, all above the full age of majority
and residents Of this city who severally de
clared that availing themselves of the pro-
visions of an act OF the legislature OF thi.
state known as act No. IS of 1904, as well
as of those of the general laws of this state
relative TO the organization of corporations
they have formed and organized. and do by
these presents form themselves into and
constitute a corporation for the objects and
purposes and the stlpulatiOns and agree
ments hereinafter set forth and expressed
fhpy hprphV chs rfa
to-wit
Article 1.-The name and title Of this
corporation hereby formed is declared to
I've 1.-The Consolidated Realty and Manufac-
turing Company" Its domicile shall be
in the city Of New Orleans, state OF Louisi-
ana, and Ii shall have and enjoy succession
by its corporate name for a period of ninety
nine years from and after the date thereof
All citations or other legal process shall
be served upon the president and in the
event of mis- absence or inability to act from
any cause, the same shall be served upon
either the vice president or manager OF the
corporation.
Article 1.-THE objects and purposes for
which this corporation Is organized and the
nature Of the business to be carried on by II
are hereby declared to be the purchase and
sale, either for cash or on terms of improved
and unimprOved real estate in the city of
New Orleans or elsewhere and the erection
of buildings for dwellings, store or other
purposes; the erection by general contract
or otherwise Of any and all kinds of build
ings; to sell real and personal property for
It's own account or on commission and TO
borrow or lend money on real estate or other
collateral; to manufacture, purchase and
sell building materials Of all kinds to erect
buildings. warehouses, etc, and install there
in all necessary machinery necessary in the
furtherance of its business and TO own and
operate vessels, motor boats, or other water
craft for the transportation of its materials
TO buy, sell, take, own, hold and deal In
shares of stock Of this and other corpora
tionS, bonds, mortgages, pledges, chooses In
action, judgments, etc, the same TO sell oil
hypothecate at pleasure; to buy and other
wise acquire, to hold own. manage. operate
Improve. develop and sell timber lands and
other real estate and to buy. build. con.
struct, own. operate and lease sawmills and
planning mills, and to manufacture and pre-
pare for market, transport import export
deal In any article or product incident "a
the character of the above business, II being
thereby intended to acquire by purchase o.
manufacture or otherwise all supplies and
materials necessary or convenient for u.s.
In connection with and in accomplishing the
objects above mentioned and every part
thereof.
Article III.-The capital stock Of thi,
corporation Is hereby fixed at the sum OF
two hundred thousand dollars $500, 100000
represented by eight thousand shares $4,000
Of the par value Of twenty-five dollars 1925
each, which shall be paid for in cash In
such amounts and manner and at suct
times as the board OF directors may deter
mine, or the same may be issued for prop
erty actually received by or services actu
ally rendered to the corporation.
or such total authorized capital stoc,
two thousand shares amounting to fifty
thousand dollars (s50,000.00) shall be pre-
ferred stock and six thousand shares amount
Ing to one hundred and fifty thousand dol
lars $3.50, 000.00) shall be common stock
The preferred stock shall be entitled on
OF any and all surplus net profits, wheneve
declared by the board OF directors to cumu
lative dividends the right of, but not Ell
ceeding seven per cent per annum for tn
year beginning on the list day OF Septem
beginning January 1st, 1914, thereafter pay