The herald., 1914-12-10
AMENDMENTS
TO ARTICLE w OF The
tiARl Tx Or lie NEN OkLEANS Ian
SHORE LAND COMPANY

SHORE LAND COMPANY
United States OF America, State OF louisiana,
Parish OF Orleans, City OF New Orleans.
BE II known and remembered that on this
18th day of the month of November in the
year OF our Lord one thousand nine hundred
and fourteen, and of the Independence OF the
United States OF America the one hundred
and thirty ninth, before me, Alfred Charles
Hammer, a notary public, duly COMM SsIOned.
sworn and qualihed III and for the parish OF
Orleans, state OF Louisiana, therein residing,
and IN the presence OF the witnesses hereln-
after named and undersigned, personally came
and appeared: Frank b. Hayne and MusgrOve
l.. Morrison, respectively the president and
the secretary of the New Orleans Lake Shore
Land Company, who declared unto me, notary,
that a meeting of the stockholders of the New
Orleans Lake Shore Land Company was held
on the oath day OF October, 1914, at ii o'clock
a. m, at the office of the company, IN the city
OF New Orleans, S52 Cnlon Street. after due
notice had been given IN The Times-PIcayune,
a newspaper published in the city of New
Orleans, by due publication once a week for
four weeks preceding the meeting and by a
written notice sent TO each stockhoider mailed
to him 30 days prior to the date of the meet
ing at the post Office address designated by
him III writing, said stockholders meeting
having been called for the purpose OF amend
ing Article " of the charter OF said com
pany. providing for the issuance and sale for
cash, at par, OF Sl,O0,0O0.0O Of preferred Gu
mulative capital stock.
That at said meeting of stockholders. so held
on the oath day of October, 1914, at ii O'Clock
a. m, it was resolved by the unanimous vote
of all the stockholders present and repre-
scented at said meeting, there being present
and represented at said meeting 1924 shares,
being 1902 per cent of the total capital stock
of said company, Ga certified copy OF the min
uteS of which meeting Is hereto annexed
that Article " of said charter be amended
as hereinafter set forth.
And the said Frank b. Hayne and the said
Musgrove l.. Morrison, respectively the pres
dent and secretary of the New Orleans Lake
me, notary, that under due authority of SAID
stockholders meeting, held on October "a
1914. they and each OF them appear before me
notary, for the purpose OF erbodyIng the
amendment to Article " of the charter OF
the New Orleans Lake Shore Land Company
in notarial form; and they now decl are unto
me- notary, that Article " of the charter OF
the New Orleans Lake Shore Land Company
shall be amended as to read as follows
to-wit:
Article IV-The capital stock Of said cor
poration is hereby fixed at the sum OF three
millions OF dollars divided into and repre-
scented by thirty thousand shares of stock o.
the sum OF one hundred dollars each. Ter
thousand OF such shares shall be known a.
preferred stock, and twenty thousand OF sucf
shares shall be known common stock. Sep
arate and distinct certificates shall be ISSUED
for each class OF stock. The preferred stool
shall be entitled to a cumulative dividend o
eight per cent per annum from date OF issu
ance and sale by the company, TO be paid b.
preference over any dividends on the com
mon stock, and shall be paid in preference
to the common stock in case OF liquidation o
the affairs Of the corporation. The corpora
ton shall have the right TO buy and retire IN
preferred stock at par and accrued cunulaty
dividends at any time after ninety days no