The herald. [volume] (New Orleans, La.) 1905-1953, 1915-06-24

close said lien and dissolve the said corpora.
| ton and upon such dissolution recover the
par value of such stock and cumulative divi.
bends.
The amount of preferred stock shall never
be increased except by the unanimous consent
OF all OF the holders and owners of said pre-
ferred stock.
In the event of the liquidation or disso,u-
ton or winding up whether voluntary OF IN
voluntary of the corporation the preferred
stock shall be entitled to be paid in full, Ootn
the par value of their shares and unpaid
dividends accrued thereon before any amour,
shall be paid TO the holders or common sioc,l
and after payment to the holders of the pre-
TERED stock of its par value and the unpaid
accrued dividends thereon, the remaining a.
sets shall be divided and paid to the holders
OF common stock pro rata according to theis
respective shares.
Each and every certificate of preferred stock
shall be subject to redemption and may at
the option of the directors on any annual
and retired at the price OF one hundred ana
two dollars (Sl02O0) for each share and me
amount of dividends accrued and unpaid at
the date of redemption.
Notice of intention to call and retire any
certihcate shall be gwen to the holders there
OF ten days before the annual dividend due
date at which the same Ia 10 be retired. Such
notice shall be deemed given when served
personally upon the owner OF the certificate,
or when placed in an envelope, postage pre-
paid, addressed TO the holder of the certificate
and deposited in any United States post office
mail chute.
Stock called for redemption shall be emit.
tied TO dividends up to the date of redemption
liked in the call thereof. but shall not after
said date earn or receive any other fur
ther dividend unless the corporation shall fail
to redeem or to be ready, able and willing to
redeem in accordance with the call.
No certificate OF stock shall be issued until
fully paid. No transfer of stock shall be
admitted or held to be valid or binding so
tar as the corporation is concerned, unless
made upon the books of the corporation"
And said appearer further declared that the
above amendment of Article " of said char
ter was adopted at said meeting of the stock
holders which was convened and held in
cordance with the provisions of said charter;
at which meeting all the stockholders of this
corporation were either present or represented
and voted unanimously for the adoption of
resolution whereby the capital stock of this
corporation was reduced from fifty thousand
CS500OO.0O dollars, to twenty-five thousand
& '5,C0000) dollars, and amending said Article
Nv, to read as above set forth, as will more
tuiy and at large appear from duly certi-
he'd copy of said resolution which is hereto
annexed and made part hereof.
And the said appearer did further declare
that the decrease IN the capital stock OF this
corporation does not reduce same to a sum
less than the corporate Indebtedness of this
company.
"neIefore, in accordance with said reso-
buttons, adopted at a meeting of the stock
holders held at the ottlce OF this corporation
in the city of New Orleans, on the 18th day
of June, 1915, that said appearer acting in
his aforesaid capacity as president and pursu-
ant to the authority conferred upon him in
said resolution, he does by these presents
adopt the above recited amendment of Article
~ of said charter, as part of the original act
OF III corporation of the said Wilcox Mercantile
Agency, passed before Frank Edward Rainold,
late notary public in this city, on the 9th of
May, 1914.
Thus done and passed, in my Office in the
city OF New Orleans, on the day, month and
year herein first above written in the caption
hereof, in the presence of Messrs. Charles
Stiffell and James E. Canine, competent wit
nesses who have signed these presents to-
gether with said appearer and me, notary,
after due reading of the whole.
Original signed: c. o. Wilcox, president.
Witnesses: Chas. Stiffell, Jas. E Canine.
X. A. TICHENOR, Notary Public
l, the undersigned recorder. of mortgages
in and for the parish of Orleans, state of
Louisiana, do hereby certify that the above
and foregoing act of amendment to the charter
of Wilcox Mercantile Agency was this day
recorded in the mortgage Office of the parish
Of Orleans, in book 1857, folio -.
New Orleans, June Fl, 1915.
(Signed) EMILE J. LEONARD,
Deputy Recorder of Mortgages.
R. A. TICHENoR, Notary Public.
june "a july IS d 2