The herald. [volume] (New Orleans, La.) 1905-1953, 1914-11-19
AMENDMENTS
TO ARTICLE w OF THE

CHARTER OF THE NEW ORLEANS Lane
SHORE LAND COMPANY
United States Of America, State OF Louisiana,
Parish OF Orleans, City OF New Orleans.
BE It known and remembered that on thi,
18th day of the month OF November in tie
year Of our Lord one thousand nine hundred
United States OF America the one hundred
and thirty ninth, before me, Alfred Charles
hammer. a notary public, duly commissioned,
sworn and qualified in and Tor the parish Of
Orleans, state OF Louisiana, therein residing.
and in the presence OF the witnesses herein
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 2Ith day OF October, 1914, at IL O'Clock
a m, at the office OF the company, in the city
Of New Orleans, $50 Union Street, after due
notice had been given in The IlmcS-PIcayune,
a newspaper published in the city OF New
Orleans, by due publication once week for
four weeks preceding the meeting and by 4
written notice sent to each stakeholder mailed
to him 30 days prior to the date OF the meet
ing at the post office address designated by
him in 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 Tor
cash, at par, of Sl,OcO,OOO.OO ot preferred Gu
mulative capital stock.
That at said meeting of stockholders. SO held
on the Path day of October, 1914. at II O'Clock
a. H. 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 ls,72l shares,
being 95.62 per cent OF the total capital Stock
of said company, Ia certified copy OF the MN
! uteS OF which meeting Is hereto annexed
that Article ~ Of said charter be amended
as hereinafter set forth.
And the said Frank Il. Haync and the SAID
Musgrove l.. Morrison, respectively the pres
| ident and secretary of the New Orleans Lake
| Shore Land Company, further declared untc
| me- notary, that under due authority OF SalC
| stockholders meeting, held on October a
| 1914 they and each OF them appear before me
| notary, for the purpose OF emDodying th'
amendment to Article " of the charter o.
| the New Orleans Lake Shore Land Company
| in notarial form; and they now declare unt'
me, notary, that Article ~ OF the charter o
| the New Orleans Lake Shore Land Compan!
| shall be amended so to read as follows
| tO-wit:
| Article IV-The capital stock of said cor
| poratiou is hereby fixed at the sum OF thre
! millions of dollars divided into and rcpTe
| Sented by thirty thousand shares OF stock O
the sum of one hundred dollars each. LEI
| thousand OF such shares shall be known a
| preferred stock and twenty thousand OF sue
| shares shall be known common stock. SEP
| arate and distinct certificates shall be issue
| for each class OF stock. The preferred stoc
| shall be entitled to a cumulative dividend q
eight per cent per annum from date OF isSu
ancc and sale by the company, TO be paid b
preference over any dividends on the CON
mon stock. and shall be paid in pTeferenc
20 the common stock in case OF liquidation {
! the affairs of the corporation. The COrpoTs
| ZION shall have the right TO buy and retire IN
| preferred stock at par and accrued cumulatlv
dividends at any time after ninety days ne