St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1915-10-23
-
AMEN SNC
to Charter Of
armE1.L DRY DOCK AMI, aHR.
pt,I1DING COMPANY.
Stat. Of Louisiana, Parish Of Sc.
Tammany.

4ha presence of the undersigned Wit
resses. personally came AID Appeared
r w. Salmen and E. F. HALEY. resi-
dents of said parish, to me person
.llv known, who declared that th<
said F. w. Salmen was chairman
and the said E. F. HALEY was the
secretary Of q meeting Of the stock
ho,ders of the Slidell Dry Dock and
shipbuilding Company. in Shdsll
Louisiana, on the 18th day Of Sep.
tember. 1915, and that all Of the
stockholders of said corporation
we're present at said meeting, in per
son or by written proxy.
Ana said appearers declared that
at SUCH meeting Of such stockholdeta
\ resolution was adopted BY the
unanimous vote Of all the stockhold-
era that Article Nv Of the Articles
of incorporation Of said corporation
ahould be amended, and said Article
Nv was duly amended 20 ~ to read
- follows:
The capital stock Of this oospors-
ton. is heerby fixed 1T the sum Of
Five Thousand ($5,Ooe.0o) Dollars
to b divided into and represented ~
FIFTY (50) shares Of stock Of the
mar value Of One Hundred ($100.0O)
Dollars each. Said stock to be paid
for in cash 1T such time and In such
amounts, and after such notices to
thu subscribers, % may be fixed BY
tho Board Of Directors, or the same
nay be issued at not less than pef
Tor labor done or money or property
setuany received or purchased BY
the said corporation.
Said corporation to become go
I'M concern and to be authorized to
do, business a. soon - nifty per ce0t
Of such capital stock has been sub
scribed and one-half Of such sub
pcsiption has been actually paid In.
All transfers Of stock must be
made upon the books Of the corpora
ton by surrender Of the original GER
tincate properly endorsed tor can
cealation by the stockholder In whose
favor such stock certificate IL issne4
or by his duly authorized agent. and
upen receipt Of said certificate. the
secretary shall be authorised to can
eel same and issue q new coruhcates
in lieu thereof.
After the said capital stock OF Five
thousand Dol.ars snail have bean
issued, no holder Of any of said
stock. without the consent OF the
Beard Of Directors expressed By Tor
NAL resolution to that effect, 0Aah5
cell or dispose of the same to any
person not q stakeholder in the con-
pany, until he shall have offered said
stock for sale At the price bona dde
offered to him ~ any non-stockhold-
or. to the Board of Directors Of the
company, who shall have the right
to buy said stock at such oaerea'
price, for the benefit Of tho other
stoekholdefs In the company. and 70
distribute the same pro rata among
such stockholders. This clause shall
beg expressed ON the taco Of every
certificate Of stock. and the omeers
Of the company shall have no power;
10 transfer ON the books Of the CON-
pany any stock disposed Of In VIOLA
ton Of this provision Of the charter.
In case Of any increase Of the
capital stock. the stockholders Of
record at. the time Of such inorease
shall have the preferential right to
subscribe at par for any such In
crease. pro rata to their respective
holdings; and that these appeerefs
wefe authorized and instructed BY
said atockholders' meeting to execute
the proper .totaraal act amending
the charter Of satd corporation In 49,
oordance with the said vote Of said
stockholders.
And said appeareEs thereuQOR de-
clared that the Articles Of 1ncorpora-
ton of said Dry hook and Ship
building Company have been duly
and legally amended by the vote o.
the stockholders Of said corporation. =
and they make this declaration and
execute this notarial act in accord
ance Herewith.
Thus done and signed at my once
In Slidell. Louisiana. in tho presence
OF g.. v. Wharton and A. D. CarDen-
ter, who sign the same with said ap-
bearers and me. Notary. after read
ing Of the whole
r. w. SALAEN.
e. F. HALEY.
WITNESSES:
G. v. Wharton.
A. d. Carpenter.
h. n. MILLER,
Notary Public.
I hereby certify the shove and
foregoing to be true COPY OF the
original act passed before me on the
18th day of September, A. D.. 1915.
B. NJ. MILLER,
Notary Public.
l, w. E. Blossman, deputy clerk
and ex-oflcio recorder Of st. Tam.
many parish, La, do hereby certify
that the amendment to the charter
Of the Slidell Dry Dock and Ship
building Company wasehled for rec
ord and recorded in Charter Book
No. folio So, Of the records Of st.
Tammany parish, La, on September
Is, 1915.
w. E. ILOSSMAN,
Dy. Clerk Of Court and Ex-Omcto
pornpdor ~ G. r. mman Par