The herald. [volume] (New Orleans, La.) 1905-1953, 1913-01-09
ANIENnNiENr 10
AIT UT INTERPRETATIONS
OF THE LOUISIANA GRAVEL AND LAM

AMENDMENT TO
ACT OF INTERPRETATIONS
| or THE LOUISIANA GRAVEL AND LAND
COMPANY
STATE OF LOUISIANA. PARISH OF OR
! LEANS, CITY OF NEW ORLEANS.
BE IL known. that on this third dav Of
/ December in the year one thousand nine
| hundred and twelve, before me. William
/ Renaudn, notary public in and FOR the
parish OF Orleans, state Of Louisiana, duly
| commissioned and qualified and in the pres
cnce OF the witnesses hereinafter named and
| undersigned, personally came and appeared
| Joseph ii. llObSOn, president, and Charles
MendclSon, 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
| mcilcd IL The city OF New Orleans. treated
| by an act passed before the undersigned no
| tary on thu 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 18th 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
| vided 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
J annexed and made part hereof: Which ap-
pearers 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
i ARTICLE H.
/ The objects and purposes for which this
corporation is organized, and the nature OF
i 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
pump, buy and sell, stone, gravel and sand,
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 to
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 10 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
q fifty thousand dollars $3.50, 900 00D, divid-
I ed into and represented by twenty-five thou
. sand shares Of the par value of one hundred
T dollars each Said stock may be paid for
| In cash or in property, labor or services
I made over or rendered to the corporation at
4 a valuation to be fixed by the board of
: directors or executive committee. and cash
a
amounts, at such times as the board OF d.
d rectors or executive committee may pre-
! scribe.
q ARTICLE ".
o All the corporate powers Of this corpOr-
alton shall be vested in and exercised by
4 board OF five 90 directors. each Of whom
must own at least five shares OF stock in
! this corporation. a majority OF whom shall
il constitute a quorum for the transaction OF
+ all business.
, The officers OF this corporation shall con-
Cf nf VrnG 20 al 10 IA ~
. and n treasurer who shall hold Office during
m the term of the board The directors OF
II this corporation TO serve for the ensuing
IF year shall be elected on the fourth Thursday
= OF February, 1911, and shall hold office un-
q til the fourth Thursday In February, 1912,
q or until their successors are duly elected and
Ia qualified, and Immediately after their cleo
~ tion they shall meet and elect a president,
!, vice president. secretary and treasurer
On the fourth Thursday of February
10 1912, and annually thereafter, an election
= for directors shall be held at the office OF
IA the corporation under the supervision OF
M one commissioner to be appointed by the
:, president, after ten days prior written no
~ tice shall have been given by the secretary
r TO each stakeholder, directed TO his last
~ known residence or place OF business, and
- the directors then elected shall Immediately
~ take their seats and hold office until theii
70 successors shall have been duly elected anC
- qualified.
81 Each board of directors Immediately after
no their election annually, at their first meet
- ing. shall elect president, ylce-president
= secretary and treasurer.
-, 20 All vacancies occurring In the board Of
no directors from any cause, whatever, shall
neo be filed by the remaining directors.
ie All corporate elections shall be by ballo
ID, and a majority OF votes cast shall elect an6
- each share OF stock shall be entitled 10 on
M vote either in person or by proxy at a.
W meetings Of the stockholders.
Il failure TO elect directors on the dat
10 specified shall not dissolve the corporation
~ but the directors then in office shall continue
=, to hold same until their successors shall
Tooa have been duly elected and qualified.
We Any director OF this corporation shall
a. have the right to delegate 10 another di
~ rector in writing any Of the rights AM
p powers enjoyed or exercised by him as sucl
= directors
And that in all other respects. the sal,
n charter shall remain unchanged and In ful
~ force.
IN Thus done and passed IN my notaria; OF
Ie fee at New Orleans aforesaid. In the pres
IL ence Of william A. Wenck and John Dwyer
competent witnesses of lawful age and re
ny siding in this city. who hercunto subscrib
OF their names, together with said appearer
and me notary on the day and date Sc
forth In the caption hereof
&c. Original signed Joseph III. Hobson. pres
ident; Chas. Mendelson, secretary. W.
wM. RENAUDIN. Not. Pub.
I, the undersigned recorder Of mortgage
II in and for the parish OF Orleans, state o
and foregoing amendment to the act Of in
re corporation OF the Louisiana Gravel an
g Land Company was this day duly recorde
49, In my office, in book 1855, folio =:
.of New Orleans, La, December 4, 1912.
-, ~ CSlgned) EMILE LEONARD. d. Il
NJ, l. the undersigned notary. do hereby Gel
~ tify the above and foregoing 10 be tru
~ and correct copy OF the original amendmen
,oue' TO the act Of Incorporation OF the LOuisian
"a Gravel and Sand Company, together wit
a the certificates OF the recorder Of mortgage
ID. thereunt0 appended, on file and Of recor
90 | in my Office.
Va In faith whereof, hereunto set my han
a and seal this 4th day OF December. A.
% 1912.
90 | tSigned) WM. RENAUDIN, Not. Pu
a. (SeaD
''H dec II 10 &c jan 0