The herald., 1913-09-25

alent In property. All shares of stock snail
be issued as full paid and worcestershire
and no transfer Of stock shall be binding on
this corporation unless recorded on me
hooks OF the company. This corporation
shall be a going concern under this amended
charter as soon as forty-nve thousand uoi,
lars CS45, 000.O0) 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
board of directors to be composed or four
persons, all stockholders OF this corpora
ton, any three of whom shall form quo
rum for the transaction OF business OF this
corporation. The board OF directors shall be
composed of the following: president,
first vice-president, second vice -president
and a secretary treasurer. The first board
of directors Of this corporation under this
amended charter shall be composed OF Nor
ris Scherr, president; Max Rosenfeld, first
vice-president; William A. Bloom, second
vice-president, and Morris Dreyfus, secre-
tary treasurer rhe said board of directors
and officers elected under this charter shall
hold their office until the goth Of March,
1914 on which date there Is to be an cleo
tion OF directors under this charter, and an
nually thereafter on same date All direc-
tors and officers shall hold their respective
offices until their successors are duly elected
and qualified. All such elections shall be
by ballot, and conducted at the office Of the
corporation, under the supervision OF three
commissioners to be appointed by the board
OF directors. Each stockholder shall have
one vote for eacn and every share Of stock
standing in his name on the books OF the
company the said votes to be cast In person
or by proxy, and a majority Of votes cast
shall be requisite to elect Any vacancy oc-
curing on the said board of directors by
death, resignation or otherwise shall be filed
by election for the remainder Of the term by
the remaining directors. A failure so to
oil tha lat oh oil hal MOI fc
solve this corporation, but the board of d.
rectors then In Office shall hold office until
their successors are duly elected and quail
fed. Each director shall own at least one
share of stock in the corporation in his
name on the books OF the corporation. The
board Of directors may appoint from time to
time such agents or other employees as 1t
may deem necessary for the purposes of this
corporation, and the board Of directors may
make and establish and alter and amend
from time to time any and all bylaws and
rules and regulations necessary and proper
for the management and support of the af-
fairs and business of this corporation. The
board Of directors shall have power to issue
full paid shares of stock In this corpora
ton In payment for labor done or property
actually transferred to this corporation and
received by this corporation. Each director
shall have the right to appoint a proxy to
represent him on the board OF directors at
the meeting Of the said board of directors,
or otherwise, and the same shall equally
apply to any officer Of this corporation, all
with the same effect as II said director OF
officer were present and acting in his own
behalf"
The whole Of the above to be more fully
shown by the annexed certified copy Of the
minutes of the said stockholders meeting
The said appearers having requested me
notary to put the said amendment in au
thentic form, l do. by these presents receive
said amendments In the form of this public
act to the end that the said amendments
may be promulgated and recorded, and thus
be read into the original charter passed be
fore Scott f; Beer, notary public, on the
Both of March, 1909.
Thus done and signed in my office In the
City of New Orleans, Louisiana, on the date
herein first above written, In the presence OF
Messrs. T. A. Schuber and VIM. Conkerton
competent witnesses, who hereunto sigr
their names with the said appearers, and me
notary, after a due reading of the whole.
(Orlginal slgned) Morris Scherr, MAJ
Rosenfeld (per Morris Scherr), Morris Drey
fus, william A Bloom. (Witnesses) T. A
Schuber, VIM. Conkerton.
EDGAR VI. Calm, Not. Pub.
true copy.
EDGAR VI. Calm, Not. Pub.
I, the undersigned. deputy recorder o.
mortgages for the parish of Orleans, do here
by certify that the foregoing act amending
the charter of the Scherr Manufacturing
Company was this day duly recorded In bool
No. 1119, folio "a.
New Orleans La, September 18th, 1913.
Original signed
EMILE ]. LEONARD, D. R.
sent 1S Ok oct 16 %