St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1915-10-16
AMENRMENr
to Charter Of
SLIDELL DRY DOCK AND SHIP.
BUILDING COMPANY,
State Of Louisiana, Parish Of st.
Tammany.

lie WllnlU anu lOE lue VAIADA VI 81
Tammany, State Of Louisiana, and Il
the presence Of the undersigned Wit
nesses, personally came and appeare'
F.. W. Salmen and e. F. HALEY. resi-
dents of said parish, to mo person
ally known, who declared that tn.
said F. W. Salmen was chairman
and the said E. F. HALEY was tn
secretary of a meeting Of the stock
holders of the Slidell Dry Dock ant
Shipbuilding Company, in Slidell
Louisiana, on the 18th day Of Sep
TENDER, 1915. and that all Of thu
stockholders Of said corporation
we're present at said meeting, In per
son or by written proxy.
And said appearers declared thai
at such meeting of such stockholderl
a resolution was adopted by thu
unanimous vote of all the stockhold.
ers that Article Nv Of the Articles
OF Incorporation Of said corporation
should be amended, and said Article
Nv was duly amended SO ~ to read
% follows:
ARTICLE Nv.
The capital stock OF this corpora
ton is heerby fixed at the sum Of
Five Thousand ($5.OOO.0O) Dollars
to DO divided into and represented BY
Fifty 600 shares Of stock OF the
par value of One Hundred ($100.OO)
Dollars each. Said stock to be paid
in
amounts. and after such notices to
the subscribers, - may be Axed BY
the Board Of Directors. or the same
may be issued at not less than par
for labor done or money or property
actually received or purchased BY
the said corporation.
Said corporation to become . go
ing concern and to be authorized to
do business as soon % dfty per cent
of such capital stock has been sub
scribed and one-half Of such sab
scription has been actually paid In.
All transfers Of stock must DO
made upon the books Of the corpora
ton BY surrender Of the original GER
tiflcate properly endorsed tor can
collation. BY the stockholder In whose
favor such stock certificate ID issued
or BY his duly authorized agent. and
upon receipt Of said certificate. the
secretary shall be authorized to car
col same and issue . new certificate
in lieu thereof.
After the said capital stock OF Five
Thousand Dollars snail have been
issued, no holder OF any OF satd
stock, without the consent Of the
Board Of Directors expressed by for
NAL resolution to that effect, shall
sell or dispose Of the same to any
person not q stockholler in the COM
pany. until he shall have offered said
stock for sale 1T the price bona ode
offered to him ~ any non-stockhold-
er, to the Board Of Directors Of the
company, who shall have the right
to buy said stock 1t such offered
price, for the benefit Of the other
stockholders in The company. and to
distribute the same pro rata among
such stockholders. This clause shall
be expressed on the face Of every
certificate Of stock, and tho o@cers
Of the company shall have NO power
to transfer on the books Of tho COM
pany any stock disposed Of in viola
ton Of this provision Of tho charter.
In case Of any increase Of tho
capital stock. the stockholders Of
record at the time Of such increase
shall have tho preferential right to
subscribe 1T par for any such in
crease, pro rata to their respective
holdings; and that these appearers
were authorized and instructed BY
said stockholders' meeting to execute
the proper .,otarial act amending
the charter Of said corporation In &C.
oordance with the said vote Of said
stockholders.
And said appearers thereupon de-
clared that the Articles Of Incorpora-
tion Of said Dry Dock and Ship
building Company have been duly
and legally amended BY the vote Of
the stockholders of said corporation.
and they make this declaration and
execute this notarial act in accord
ance Herewith.
Thus done and signed ct my ONCE
in Slidell. Louisiana, in tho presence
Of G. v. Wharton and A. D. Carpen-
ter, who sign the same with said ap-
pearers and me. Notary. after read
F. w. SAIAMEN.
r. F. HALEY.
WITNESSES:
G. v. Wharton.
4. D. Carpenter.
r. N. MILLHR.
Notary Public.
I hereby certify the above and
foregoing to be q true copy Of the
original act passed before mo on the
18th day Of September. A. D.. 1915.
B. M. MILLER,
Notary Public.
l. w. E. Blossman, deputy clerk
and ex-ofacio 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 was fled 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. IsLOSSMAN,
by. Clerk Of Court and Ex-Omcio
Recorder Of St. Tammany Par.
tsh, Louisiana,
sep25-6t