The herald., 1914-07-16
AMENDMEN TO
CHARTER
ED FISH AND OYSTER

OF UNITED FISH AND OYSTER co.
United States OF America. State OF Louisiana.
Parish OF Orleans, City OF New Orleans.
BE II known that on tins second day OF the
month OF June in the year OF our ord one
thousand nine hundred fourteen, before me,
| Joseph kentpn Bailey, a notary public IN and
for the parish OF Orleans, state OF Louisiana,
| duly comms toned and qualified, and in the
presence OF the witnesses hereinafter named
and undersigned, personally came and ap-
peared: lst, Louis ii. Price. End, George J.
Stevens,
Herein appearing and acting in their capaci-
ties as vICe-presIdent and as temporary sec
retary, respectively, OF the special meeting OF
the stockholders Of the United Fish \ Oyster
Company, 4 Louisiana corporation, dOmIcilod
IN the city OF New Orleans, originally organ
lied by act passed before Philip Gensler, j.,
a notary public IN this city, on April 10, 1912,
and recorded IN the mortgage offce in this
parish in book loss, folio -; their authority
in the premises being evidenced by a reso-
luton duly passed by said stockholders meet
meeting IS annexed hereto and made part
hereof, who declared that at general meet
held on the 2Ird day of May, 1914 at the Of
| hce OF said corporation and which meeting
had been convened in accordance with law
and the charter of said corporation, articles
| Ill and ~ OF the charter of said corporation
were amended to read as follows:
Article III.-The capital stock of this cor
| poration shall be one million CSl,00,0OOOG)
dollars, divided into and represented by two
thousand three hundred and thirteen (25l0
| shares of FIRST preferred stock; two thousand
| six hundred and eighty-seven (26S7) shares of
second preferred stock; and five thousand g.
| O0C) shares Of common stock, all of the par
value of hundred dollars (SlOOO0) each,
! which said stock shall be paid for in cash a,
/ such times or in such portions thereof the
| board OF directors may require the same
may be issued fully paid and non-assessable, at
| not less than par IN payment or exchange for
| property or rights, actually received pur-
| chased by said corporation, or the same may
| hP issued I'm adj m
| for such other valuable consideration or for
| services rendered the board of directors
/, may determine.
The holders of the preferred shares shall
| be entitled 10 receive in respect to such pre-.
| ferred shares and when declared by the
board of directors, yearly interest or dividend.
| At the rae of seven per cent per anum from
date and no more which said interest or div.
idends shall accrue each year. at all events
| and shall be cumulative, provided that no div
! idends or interest shall, during the Lire of the
paid the holders OF second preferred stock un.
| til all dividends interest shall have beer
paid to the holders of the first preferred stock
At no time shall any dividends be declared
| set apart for or paid upon the common shares
| unless at such time all cumulative dividends
| or interest the first and second preferred
shares unpaid shall have been pad or pro
The said preferred shares shall be entitled
to no preference over the common shares II
the event of dissolution or liquidation o
COipoIdllOU, except as regards SuCn Cuulu
lative dividends or interest as may be unpaiC
on the said preferred shares up to the dat,
on which the corporation may be dissolved
or liquidated.
The first preferred stock may be called il
and retired by the board of directors afte
May IS, 1913, and the second preferred stool
after May Is, 1914. Whenever the net profit.
of the company are sufficient for said pur
pose, the board of directors, by mailing no
tice to that effect TO each preferred share
holder of record at his last known poStotfiC,
address, at least ten days previously. may
at any da'e named in said notice, call in anC
purchase from the stockholders of record
their preferred shares of stock as herein pro
vided at the price of one hundred and fv,
dollars per share plus all cumulative divi
deLds may be due and unpaid, up TO sucl
date, or may call in and purchase any por
. tiOn thereof by allotment amongst the tota
number OF preferred shareholders.
Such call having been made, and the mo
ney available for such purposes having bee
, set aside, all rights of the holders of the pre-
ferred stock called in shall close on and afte
| said date.
Nor shall the officers and directors. in tn
event Of such call, pay any dividends what
: ever on the preferred stock until that stoc
shall have been surrendered in response I
{ the call.
I The preferred stock so called and purchase
shall be cancelled and not again reissued.
: The right to so call and purchase shall b