The herald. [volume] (New Orleans, La.) 1905-1953, 1916-10-26

United States OF America. State Of Louisi-
ana, Parish OF Orleans, City OF New Or
leans.
Be it known, that on this fourth day OF
the month Of October, IN the year OF our
Lord one thousand nine hundred and six
teen, and of the independence of the United
States OF America, the one hundred and
forty first, before me, Frederic Charles Marx,
notary public, duly 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. O'Rourke and James NJ. Myatt
respectively the president and secretary.
treasurer Of the American MolassO Meal
Company, Incorporated, who declared unto
me, notary, that meeting OF the stockhold-
ers OF the American MolaSso Meal Company,
Incorporated, held on the 10Th day OF
September, 1915, which meeting was, on &C
count of the notice, required by the charter
OF said company, not having been regularly
publ shed in daily newspaper OF the CITY
OF New Orleans, adjourned until October
I, 1910 at the hour Of ten o'clock a. IN.
And the said appearers further declared
that pursuant to said adjournment meeting
of the stockholders of said corporation was
held on the fourth day OF October, 1910, at
the hour OF ten clock a. IN. at the office OF
the company, in the city OF New Orleans,
Room 5Ol No. 2ll Camp street, after due
notice had been gwen IN the New Orleans
Item, daily newspaper published IN the
ten consecutive days beginning on the ZSTd
day OF September. 1916, and by written no
tice sent to each stakeholder mailed 20 HIM
at least ten days prior to the date OF sald
meeting, said stockholders meeting having
been called for the purpose OF amending Ar
ticle ~ OF the charter OF SAID company, pro-
viding for increase OF the capital stock
thereof from fifty thousand dollars TO sixty
thousand dollars, 50 as to permit the in
creasing OF the number of shares OF class
"A" preferred stock OF this company from
one hundred and twenty-five Q2SJ shares to
TWO hundred and twenty 1--we (2&o) shares.
That at said meeting OF the stockholders
said company held on the Fourth day
Of October 1910, at 10 o'clock a. m. II was
resolved by the unanimous vote OF all the
stockholders present and represented at sand
meeting, there being present and represented
eighty-ihree 1881 shars Of Class a OF the
preferred stock, four a. shares of Class b
of the preferred stock and two hundred and
fifty ESQ shares OF the common stock OF
said company, being total Of three hundred
and thirty-seven $50 shares out OF four
hundred and three (405) shares OF the capital
Of said company issued up to the date OF
said meeting Ia certihed copy OF the MN
utes of which meeting is hereto annexed,
that Article ~ OF the said charter OF SAID
company be amended as hereinafter set forth.
And the said Charles ii. O'Rourke and the
said James NJ. Wyatt, respectively the pres
ident and secretary-treasurer OF the Amer
lean Molasso Meal Company, incorporated,
further declared to me, notary, that under
due authority OF said stockholders meeting,
held on October 4, 1915, for the purpose OF
embodying the amendment to Article ~ OF
the charter of the American Molasso Meal
Company, Incorporated, in notarial form !;
they now declared unto me, notary. that
Article ~ of the charter OF the American
Molasso Meal Company, incorporated, shall
be amended as TO read as follows, towlt:
Article IV-The capital stock of this
corporation is fixed At the sum OF sixty
thousand 0S6OpU.OoJ dollars, divided into
preferred and common stock. Three hundred
and fifty shares of par value OF one hundred
dollars $4,000 each shall be worcestershire,
cumulative, eight per cent $50 perannum
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. Class "A" stock shall
comprise two hundred and twenty-five (225)
shares and class "B" stock shall comprise
one hundred and twenty-five Q2S) shares.
Both classes shall receive eight per cent
(SGs) per annum dividends, cumulative and
preferred, payable at the office of the COM
pany on the FIRST QsD day OF August each
year. Class B" of said preferred stock
will only receive a dividend OF eight per
cent (6C6) per annum, and an allowance OF
one dollar (Sl0O) per ton on each and every
ton of feed bought from the company by the
legal heirs or assigns, which shall be paid
unto such stakeholder until the total allow
ance paid on each share OF said stock shall
equal the par value thereof, after which time
per cent (sGo) per annum dividends and
shall not participate in any additional divi-
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 on the certificate OF class
"B" stock and credited at the time such
feed is paid for.
Two hundred and fifty (2SO) shares of the
| par value of one hundred dollars (SlOOUl
each shall constitute the common stock Of
| this corporation, but the common stock shah
| not participate in any dividends until alter
| the profits of tins company( whether used
/ for improvements or extensions OF plant, or
retained as surplus shall exceed twenty hive
| thousand dollars (S2S,00.0O whether earned
| in more years.
! The certificate Of stock shall be signed by
the president and by the secretary reasurer
or in the absence or inability to act OF the
| tary-treasurer. Said stock shall be trans
| ferable only the books of the company
and on the surrender due proof of loss
of the original certificate. The capital stock
| thousand dollars CS2O,0O.O).
/ All subscriptions shall be paid for in cash
property or services, at such time that the
| board of directors shall require, and the
shall begin to do business when twenty nv,
thousand dollars (S2S.OOO00) of the capita
stock has been subscribed for. fifty pei. cent
! (5O0b) thereof has been paid for, and tht
remainder OF the dutnOrlZcu STOCK Sldii w
issued at such time and upon such terms anS
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 declares
unto me, notary, that me original charte
1 OF the American Molasso Meal Company, In
4 corporated was created by an act of incor
poration passed before Fred {. Marx, notar,
public, IN this city, on the Sth day OF July
1915, and is recorded in the Office of thu
recorder of mortgages for the parish of Or
leans, in book lls7, folio 81, and has als'
been filed and recorded in the Office of thu
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 ant
year hereinabove first written in the pres
ence of Louis r. Hoover and Warren V
Miller, competent witnesses, who hereunt'
sign their names, together with the said ap
bearers and me, notary, after due readinI
of the while.
(Signed): Chas. II. ORourke, Pres; J. NJ
Wyatt, Sec.-Treas.; Fred. c. Marx. Not. Pub
Witnesses: Warren v Miller, l. R. Hoover
State of Louisiana, Parish of Orleans.
/, the undersigned recorder of mortgages
in and for the parish of Orleans. do hereb.
certify that the above and foregoing &C
amending the act of Incorporation of tn
American Molasso Meal Company, Incsrpo
rated, was this day duly recorded IN my offic
in book 1901, folio 3l7. New Orleans, Octo
Der 4, 1916.
(sisned) EMILE J. LEONARD. by. R.
A true copy.