The herald. [volume] (New Orleans, La.) 1905-1953, 1916-01-13
AMENDMENT TO CHARTER
OF THE INTERSTATE OIL. GAS AND
DEVELOPMENT COMPANY.


United States Of America, State Of Louisiana,
City OF New Orleans, Parish Of Orleans.
BE it known, that on this 9th day OF De
| cember, 1915, before me, Arthur Il. Leopold
a notary public, duly commissioned and quail
ihed, and for this city and the parish Of
Orleans, therein residing. and III the pres
ence OF the witnesses hereinafter named and
Undersigned, personally came and appeared:
W. l.. Wright and Milton III. Morrill,, resi-
dents of the city Of New Orleans, herein ap-
pearing IN their capacities as chairman and
secretary, respectively, OF a stockholders
meeting of the Interstate Oil, Gas x Devel-
Opment Company, a corporation domciled in
this city, chartered and organized under the
laws OF the State OF Louisiana, by virtue OF
act passed on the 10Th day Of September,
1912, before Peter Stiff, notary public, re-
corded in mortgage office. book 1855, folio
$40, and amended on the 9th day Of August,
1914, by act before the undersigned notary
public, recorded in mortgage Office book ll27,
folio 394 and under and by virtue of reso-
luton passed at the stockholders meeting
hereinafter mentioned copy Of the minutes
whereof IS hereto annexed as part hereof:
Who declared that at general meeting OF
the stockholders OF said corporation, held on
the 10Th day Of November, 1915, which had
been convened for that special purpose, ac-
cordug to law, the following amendment to
the charter OF said corporation was adopted
by majority vote Of the holders OF all stock
OF said company present or represented at
said meeting, tO-wIt:
Article Il Of said charter was amended so
as TO read as follows, to-wit:
Article 1.-The capital stock OF this COM
pany shall be the sum Of two hundred thou
sand dollars CS20O,OJ0l divided into six thou
sand SIX hundred and sixty-sIx and two
thirds 1880 PSI shares Of the par value of
thirty dollars $1,000 per share, which shall
be paid for in cash at the time the stock
shall be subscribed for, except tIat the board
OF directors may issue and deliver stock IN
payment for property, or for sCtual services
rendered TO the company, but stock shall
ever be issued or delivered except for its par
value in cash or its equivalent actually paid
at the time of its issuance and delivery, or
for services actually rendered the company
to the par value Of the shares SO issued and
delivered thereof.
The capital stock of this company may be
increased over and above the amount Of two
hundred thousand dollars 100000 only after
majority OF the stockholders of this COM
pany shall have voted IN favor thereof at
a meeting OF the stockholders called for that
purpose at the Office of the company in the
city OF New Orleans, state of Louisiana, after
ten days notice thereof, published in a daily
newspaper, published in the city of New
Orleans.
NO stakeholder shall ever be held liable
or responsible for the contracts or faults OF
the corporation in any further sum than the
unpaid balance due TO the corporation on
shares subscribed for by him, nor shall any
informality in organization have the effect OF
rendering this charter null and void, nor ex-
posing a stakeholder to any liability beyond
the amount OF his stock"
The whole as will more fully appear by
the annexed copy of the minutes OF said
stockholders meeting.
And the said appearers having requested
me, notary, to put said amendment in anthem
tic form, | do by these presents receive said
amendment in the form Of this public act,
and that said amendment may be prOmul-
gated and recorded, and thus be read into the
aforesaid original charter passed before said
Peter Stiff, notary public, on the 10Th day Of
September, 1912, and amended on the 9th
day OF August, 1914, by act before the under
signed notary.
Thus done and signed at my Office in the
city Of New Orleans the day and date
herein first above written, IN the presence OF