The herald., 1913-09-18
THE HERALD
AMENDMENT TO TIE CHARTER OF
SCHERR MANUFACTURING COMPANY.
STATE OF LOUISIANA, PARISH OF OR

| Nohta-NI .
IsTATE OF LOUISIANA, PARISH OF OR
LEANS, CITY OF NEW ORLEANS.
Be 1t known, that on this 18th day of
1.-THE month of September, in the year OF our
Lord one thousand nine hundred and thir-
lteen and Of the Independence of the United
Estates of America, the one hundred and
Before me, EDGAR MAYER CAIN, a no
ltary public, duly commissioned, sworn and
Qualified, in and for the above city, parish
and state, therein residing, and in the pre-.
sence of the witnesses hereinafter named
land undersigned:
Personally came and appeared
| Mr.. Morris Scherr, acting for and in his
Town behalf, as well in behalf of Max
Rosenfeld; Morris Dreyfus, and William A
Bloom, all residents of this City of New
LOrlcans, State of Louisiana, and composing
jail the stockholders of the Scherr Manu-
Featuring Company, corporation dOmiciled
| in this City of New Orleans, State of Louis
lana, organized by an act before Scott l..
Beer Esq, notary public for this city and
state. on the 3Oth day OF March, 1909, and
duly recorded in the mortgage office of this
parish in book $50. folio %, and also re
corded in the office Of the Secretary OF State
| in book Record of Charters, in book No. 80,
folio $50
Who declared that pursuant to resolu-
tionS adopted 10y the stockholders represent
ing all the outstanding stock Of said Scherr
Manufacturing Company, passed at a stock
holders meeting hereinafter mentioned, a
certified copy of the minutes Of which meet
ing are hereto annexed and made part
hereof said meeting having been convened
for the special purpose in accordance with
law, the following amendments were adopted
by the unanimous vote of the entire out
standing stock, present or represented at
said meeting, tO-wit:
Article " Of the original charter of this
corporation was amended and re-enacted, TO
read as follows:
Article ". The capital stock OF this
corporation Is hereby fixed at the sum Of
Seventy-hve thousand dollars (ST5, 600. OOb,
to be divided into seven hundred and fifty
shares of the par value Of one hundred dol
lars tSlOO.OOD each said shares OF stock
shall! be issued at par only, and when is
sued shall be paid for in cash or its equiv
alent In property. All shares Of stock shall |
be- issued as full paid and non aSScsSa BILE |
this corporation unless recorded on the |
books of the company. This corporation |
shall be going concern under this amended |
charter as soon as fOrty-iive thousand dol |
lars ($iJ, 100000 of its capital stock shall |
have been subscribed and paid in, either in |
cash or its equivalent"
Article of the original charter of this |
corporation was amended and re-enacted to
read as follows:
Article V. All the powers Of this cor.
poration shall BE- vested in and exercised by !
a board OF directors to be composed Of four |
persons, all stockholders of this corpora
tl0n any three Of whom shall form a quo
rum FOR the transaction Of business OF this
corpora ion. The board of directors shall be
of the following: \ president a
hrSt vicc-preSident, a second vice-preSident |
ana "A Secretary-treaSurer. The first board |
u directors OF TINS corporation under this
amended charter Shaff-be composed of Nor
rlS Scherr, president; Max ROsenfeld first
vlce-prcSident William A. Bloom second
vlce-preSident, and Morris DrcyfuS secre-
AIRY -treasurer. rhe said board of directors
and officers elected under this charter shall
loid their office until the 10th OF March
1914, on which date there is 10 be an cleo
ton Of directors under this charter and an
ludllN thereafter
tors and officers shall hold their respective
)HlceS until their successors are duly elected
anu IuaIhed All such elections shall be
" ballot and conducted at the office of the
corporation, under the supervision of three
commissioners TO be appointed by the board
u directors. Each stakeholder shall have
one hOle Tor eacn and every share Of stock
standing in his name on the books OF tho
company, the said votes TO be east in nerSon
or 6y proxy, and majority of votes cast
shall be requisite 10 elect ANY vacancy 90
curing on the said board of directors NV
death, resignation or otherwise shall be filled
OE election for the rema inder Of the term nv
NE remaining directors. failure so to
erect on the date above named shall not dis
soINe this corporation, but the board OF di
rectors then in office shall hold office until
sner successors are duly elected and quali-
utu Each director shall own at least one
snare or stock in the corporation In his |
name on the books of the corporation The
BOARD OF directors may appoint from time TO
nav den,, , asents or other employees as it
corpOratlon, and the board of directors may |
LIN nahe anu establish and alter and amend |
In time 10 time any and all bylaws and
ruIeS ana regulations necessary and proner |
.or the management and support of the AZ |
Lalrs ana business Of this corporation The
, ,oard OF directors shall have power to issue
luI pald shares Of stock in this cornora |
lion in payment for labor done or nrnportr
actually transferred to this corporation and
reeCeiVed by this corporation. Each director
,anrasnnt me right TO appoint proxy to
a ard At, 4
ne meeting Of the said board of directors
Or otherwise and the same shall aonaiIr
,P ;s 10 any of1cer of this corporation, ali
Nnth the same effect as II said director or
)ehalf" "''ins Ill MS own
+, Inc whole OF the above to be more fully
'hown by the annexed certified cOnv az tbo |
minutes OF the said stockholders meating
Inc said appearers having requested mo |
ioIdry 10 put the said amendment in am /
q ~ a form, do by these presents receive
a!u amendments In the form of this public
ct, 10 the end that the said Amendments
nay De promulgated and recorded. and Tins
y read INTO the original charter passed he |
ORR 81 Wor r. Beer Beer; notary public, on the
y, Ihus done and signed in nv Office in tho
NY OF New Orleans. louisiana on the date
I'LL I'm nrSt above written, in the presence of
lesSrs i. \. Schuber and VIM Conkarton |
tpnipeteht witnesses, who hereuntO sign
heir names with the said appearers. and mo
ot tnri,,, aiter due reading of the whole
osen u.,i lper Morris Scherrl, Morris Drey-
Us, William Bloom. (WitnessesI r 4
chuber, VIM. COnkertOn l. a
EDGAR VI. CAIN, Not. Pub.
EDGAR VI. CAIN. Not. Pub
l. the undersigned, deputy recorder of
lortSages for the parish Of Orleans, do hero.
certify that the foregoing act amending
on n oaar'er or the Scherr Manufacturing
o. 1119 folio 81 III oo'k
New Orleans, La, September 18th. 1913
tOriginal signed) A'i''
EMILE J. LEONARD, ID. X. :
sept IS p oct o 16 % ="