The herald., 1916-12-21

United States of America, State Of Louis
ana, Parish OF Orleans, City of New Or
leans.
lie II known, that on this second dav G
me month OF December. in the wear of OF,
Lord one thousand nine hundred and six
teen, and Of the independence of the Unite
| states Of America, the one hundred an,
tor'y-hrst, before me, Henry p. Dart, Jr
| notary public, duly COMM ssioned and aual
med, IN and for this city and the parish o
Orleans, therein residing, and in the pres
| ence OF the witnesses hereinafter named an,
| undersigned personally came and appeared
| !, Slgmund OdenheImer and , Harry I
| howard, both OF age and residents Of the
MY OF New Orleans, here appearing in theii
| capacity As president and secretarv-treas.
| urer respectively of Lane Cotton Mills Com
| pdny' corporation organized under the laws
| u the State of Louisiana and domiciled in
! the city Of New Orleans;
Who declared, that as will appear by the
certificate hereto annexed a meeting of the
stockholders OF Lane Cotton Mills Company
was held IN the directors room # the Com
meTcial National Bank, at New Orleans, Lou
iSlana, on Wednesday, November o. 1916
at the hour Of two o'clock p. m. That there
we're present and represented at said meet
ing sos shares Of the capital stock of said
separation out OF a total of 5000 shares is
sued and outstanding. That said meeting of
stockholders was held after due notice given
m accordance with law and with the charter
OF inns corporation to eacn and every stock.
That said meeting was called for the pur.
pose OF considering a certain proposed amend
ment to the charter of the said corporation
MAcn amendment was in due course unan-
lnousIy adopted by the said meeting. That
al SAID meeting the appearers were appointed
a committee for the purpose of causing to
be embodied in due. formal and legal shane
the amendment TO the charter of Lane Cot
Ton Mills Company adopted at the said meet.
And the said appearers declare that by
virtue OF the authority in them vested BY
SAID stockholders at said meeting held on
wednesday, November p, 1916 and for and
IN behalf of said corporation, and in order
10 carry out the purposes OF said meeting
and to give the alterations, changes and
amendment adopted at said meeting full
They do how declare. publish and give
notice to the world that Article " of the
Charter OF Lane Cotton Mills Company, ex-
ecuted before II. Generes Dufour, notary
pubic, on October 20, 1910, was amended and
the same is hereby amended and re-enacted
so as to read as follows. to.wit:
Article lN.-"The capital stock of this
corporation is fixed at the sum of one mil
divided into and represented
by thirteen thousand five hundred Q3,5OO)
shares OF the par value of one hundred dol
lars, four thousand five hundred shares of
which shall be and constitute the preferred
stock, and the remaining nine thousand
shares shall be and constitute the common
stock of this corporation.
said stock shall be paid for in cash and
at such time and in such installments as
the board of directors may determine, or
same may be issued for property or rights /,
actually received by this corporation. The !
common stock may also be issued by this |
corporation in payment of dividends de- (
slared and to be declared by it. The pre- |
terred stock shall be entitled to preference
and priority over the common stock in the /
distribution of dividends and in liquidation /
and the dividend on said preferred stock is ,
hereby fixed and limited to seven per cent
Der annum and shall be cumulative.
All transfers of shares OF the capital !
he stock book and no transfer of stock shall |
,e in any manner binding on this corpora.
ion until registered in said stock book
This corporation shall become a going
oncern and may commence business when
me hundred thousand dollars (S100OOOOO of !
is capital stock shall have been subscribed
or"
Appearers further declare that they do
ereby authorize and require the said
hanges and amendments 10 be duly incor-
GRATED into nOtarial shape and to be re- |
orded and .publised according to law, to the
nd that the same may be operative and
inding on all persons whomsoever
Thus done and passed in my Office at
Few. Orleans, on the day, month and year
ereln hrst above written, in the presence
t William Herman Dart and Leo L. Du-
ourg, competent witnesses, who have here
nto signed their names, together with said
ppearers and me, notary.
Signed: s. Odenhemer, Harry T Howard
Witnesses: William Herman Dart, Leo L. (