The herald. [volume] (New Orleans, La.) 1905-1953, 1916-10-19
AMENDMENT OF CHARTER
OF AMERICAN MOLASSO MEAL COM
PANY, INCORPORATED.

PAN1, 1NOOkIONAlED'
United States of America, State OF Louisi-
ana, Parish Of OrleaDs, City OF New Or
leans
Be it known. that on this fourth day of
the month Of October, in Ihe year OF our
Lord one thousand, nine hundred and SIX,
teen, and OF the independence OF the Ghte9
States OF America, the one hundred ans
forty-first. before me, Frederic Charles Marx,
a notary public, iTly COMM ssioned and
qualified i'll and for the Parish OF Orleans;
State OF Louisiana, and in the presence OF
the witnesses hereinafter named and under
signed, personally came and appeared
Charles II. ORourke and James NJ. Myatt'
respectively the president and secretary,
treasurer OF the American Molasso Meal
Company, Incorporated who declared unto
ne notary, that a meeting Of the stockhOId-
ers Of the American Molasso Meal company:
Incorporated, was held on the Ibth day OF
September, 1910, which meeting was, on &c
count OF the notice, required by the Charter
Of said company, not having been regularly
publ she'd in a daily newspaper OF the city
Of New Orleans, adjourned until OCTOBER
4, 1910, at the hour OF ten O'Clock a. NJ
And the said appearers further declared
that pursuant to sand adjournment a meeting
of the stockholders Of said corporation was
held on the fourth day OF October, lSlo, al
the hour Of ten o'clock a IN. al the oihSe Oh
the company, in the city OF New orleans
Room 5ll No. 2il Camp street, alter due
notice had been given III the New Orleans
Item. a daily newspaper published IN the
City Of New Orleans, by due publication Tor
ten consecutive days beginning on the 2rd
dav Of September, 1910, and by written no
tIce sent to each StockhOlder mailed 20 hliI,
at least ten days prior to the date OF salu
meeting. said siOCkhOlders meeting having
been called for the purpose of amending Ar
ticlc ~ Of the charter OF SAID company, pro
vidiug Tor an increase OF the captal s!oCh
thereof from fifty thousand dollars to sixty
thousand dollars, 50 as to permit the IN
crrasIng OF the number OF shares Oi Grass
A" preferred stock Of this company from
one hundred and twenty-five uI9) shares 10
two hundred and twenty i've (2@o) shares'
That at said meeting OF the stockholders
o said company 50 held on the Fourth day
Of October 1910, at 10 o'clock a. IN. II was
resolved by the unanimous vote OF all me
Stock holders present and represented at said
meeting there being present and represented
eighty-three (S1 shars Of Class "A OF the
preferred stock, four 90 shares OF Class d
Of the preferred stock and two hunoIed ana
nifty (25O) shares OF the common stock OF
said company, being a total OF three hundred
and thirty seven C557D shares out OF four
hundred and three (+0S) shares OF the capltai
Of said company issued up to the date OF
said meeting IA certihed copy OF me MN
rtes of which meeting Is hereto anneHed),
| that Article ~ OF the said charter OF said
company be amended as hereinafter set iorth'
| And the said Charles H. O'Rourke and the
| said James NJ. Myatt, respectively the pres
! ident and secretary-treasuTer OF the A iaed
]
further declared 10 me, notary, that under
due authority of said stockholders meeting,
| held on October I, 1910, for the purpose oil
| embodying the amendment TO Article ~ OF
the charter of the American Molasso Meal
| Company, incorporated, IN nOtaTial form
they now declared unto me, notary, that
Article " OF the charter OF the American
/ MolasSo Meal Company, Incorporated, shaI!
| De amended SO as TO read as follows, to"i:
, ARTICLE IV.-The capital stock OF this
! corporation is fixed at the sum OF SIXTY
! thousand ($dIOOcn) ddlars, divided INTO
preferred and common stock. lhree hundre9
and fifty shares of par value OF one hundred
| dollars $4,000 each shall be worcestershire,
cumulative, eight per cent tSfo) perannuIl
preferred stock, divided into two ~ classes
! Class "A" and Class "B." The par value
Of Stock in each class shall be one hundred
| dollars per share Glass "a stock shall
comprise two hundred and twenty-five (%&9)
| shares and class "B" stock shall comprise
one hundred and twenty-five (l2S) shares.
! Both classes shall receive eight per cent
! SCI per annum dividends, cumulative and
| preferred. payable at the Office OF the com
pany on the first Qsp day OF AuguIst s eacn
! will only receive a dividend OF eight per
cent (SCi) per annum, and an allowance OF
/ one dollar tSl00) per ton on each and every
ton of feed bought from the company by me
! original holder OF class b stock or their
| legal heirs or assigns, which shall be PAID
unto such stakeholder until the total allow,
ance paid on each share of said stock shaII
A
| the said class "B" shall only receive eight
per cent (S95) per annum dividends and
shall not participate IN any additional olviI
dends which may be declared. a special
| record shall be kept by the secretary-treas,
! urer OF such payments which payments shall
| also be endorsed the certificate OF class
''B" stock and credited at the time such
feed is paid for.
Two hundred and fifty (25Ol shares OF the
par value of one hundred dollars SlVOOol
| each shall constitute the common stock OF
this corporation, but the common stock shali
| not participate in any dividends until aiteI
the profits OF this company( whe'her USED
/ for Improvements or extensions OF plant, OF
retained as surplus shall exceed twenty hve
thousand dollars (S25,OCO.OO) whether earned
in one or more years.
The certificate of stock shall be signed by
the president and by the secretary treasurer
or in the absence inability to act OF the
president, by the vice-preSldent ana secre
tary -treasurer. Said stock shall be trans
ferable only on the books OF the company
and on the surrender or due proof OF los!
of the original certificate. The capital stool
may be increased to two hundred and hitN
thousand dollars (S2500D.OO).
All subscriptions shall be paid for in cash
property or services, at such time that IN
board of directors shall require, and IN
shall begin to do business when twenty-five
thousand dollars (S25G0.Wl OF the capita
stock has been subscribed for. nifty per cen
,
remainder of the authorized stock shall b
issued at such time and upon such terms AM
conditions as the board of directors shall
determine. The stock issued by this com
pany may be voted cumulatively by the hold
er thereof provided by Act No. 2o7 o
| 1914"
And the said appearers further declare
unto me, notary, that une original charte
! of the American Molasso Meal Company, In
corporated was created by act of incor
poration passed before Fred c. Marx, notar
public, in this city, on the 9Th day OF July
1915, and is recorded in the Office OF tn
recorder of mortgages for the parish OF Or
leans, in book 49, folio 81, and has ais
: been filed and recorded in the office OF tn
Secretary of State, at Baton Rouge, Louisi
ana.
Thus done and passed at my Office in tn
ciyt of New Orleans, on the day, month an
year hereinabove first written in the pres
ence of Louis r. Hoover and Warren
Miller, competent witnesses, who hereunt
sign their names, together with the said al
pearers and me, notary, after due readin
of the while.
(Signed): Chas. II. O'Rourke, Pres; ]:
Myatt, Sec.-Tress.; Fred c. Marx, Not. Put
Witnesses: Warren V Miller, L. r. Hoovei
State of Louisiana, Parish of Orleans.
/, the undersigned recorder of mortgage:
in and for the parish of Orleans, do hereb