The herald. [volume] (New Orleans, La.) 1905-1953, 1916-03-02

seetss shares DT n D. carey ohS sff
Perez, secty.,. share; REYNOLDS & Kineaidee,
Maestri, John X. Perez, Secty., shares;
| Jeff Boyd, John r. Perez Secty., l share
Mrs. F P. Killilea and Loretta Killilea: John
R., Perez, Secty. II shares; D. J. Theard.
". Bernard. John r. Perez Secty., , shares
George W; MurreIl. John R. Perez. SSecty;. l73
Secty., shares; A F. Leonhardt & Co,
John r. Perez, Secty., share; John J. Gro
yer. John K. Perez, Secty., share; John Nc
Emery. John X. Perez, Secty., 10 shares;
Geo. Sharp, John X. Perez. Secty.. share;
| V. o. Cross. John r. Perez, Secty., 10
shares; John Kleinkemper, John R; Perez,
SsSty SHARES { DaVc, john r P srsz
Secty., l share; NJ Abascal x Bro John K.
Perez, Secty., ! share; A. p; Abascal, John
John X. Perez, Secty., ia shares; Mrs. F. F.
| Gaskins, John X. Perez, Secty.. % shares;
Texas & Gull s. s. Co; John X: Perez, Seety.,
Secty? 50 shares; Leblanc & Iiebert MeIe.
Co.. John R. Perez. Secty., shares ]. +.
Dunlap, John K. Perez. Secty, % shares;
| John + Guyton. John r. Perez, Sccty. 20
| 20 shares; Leonce NJ. SOnIat, John r. Perez,
| Secty., l5j shares: Lewis +. Murrell, John
| X. Perez, Secty, 20 shares; Aug Schabel,
| John X; Perez, Sectyr shares; Thos. J.
Clay, John X. Perez. Secty.. 20 shares; ". G.
Strange John K. Perez Secty., $50 shares;
| +. O. Wild John X, Perez Secty., lsH shares;
Secretary, l share; +. L. Norton, John r.
John R PEREZ, Secty. shares, Theo. Wal
grepra, John R. Perez, Seeiy. shares; Ihos.
! !. h. Levert, John X. Perez, Secty., % shares;
| +. ]. kearny, NJ. D., John Deblieux, -
shares; Ernest Nisknairei John peblieux. ~
shares; l.. b. Hart, John Deblieux, 80 shares;
Octave Levert, Jno. X. Perez. Secty, %
| shares
! The herenabove ma1tioned stockholders
| holding, owning and voting over three fOurths
| of the capital stock issued 10 that date.
| That they. the said A. s. Bowman and John
| r. Perez, president and secretary respect,
| lively, appearing herein, were authorized and
| directed to appear before me, notary, and to
| execute the proper notarIal act and declara-
ton OF such amendment, required by law for
| the purpose OF afoTdlng authentic evidence
| and permanent record.
That at the said special and general meet
| ing Of the stockholders held at the office OF
! the company on the 9Th day OF the month of
February, 1916. Article " of the original
and amended certificates of Incorporation Of
the said Algers Dstilling Company, was
| amended so as TO read as follows
| Article IN-The total authorized capital
| stock of this corporation is hereby fixed at
the of two hundred and nifty thousand
| (S25o.0OOOO) dollars, divided into twenty-five
hundred $500 shares Of the par value Of one
hundred dollars each of such total authorized
| capital stock, one thousand shares, amount
| ing to one hundred thousand dollars shall be
/ preferred stock, and fifteen hundred shares,
amounting to one hundred and fifty thousand
| dollars shall be common stock.
| From time to time the preferred stock and
| the common stock may be increased according
| TO law, and may be issued in such amount and
| proportions as shall be determined by the
board of directors, and as may be permit
| ted by law.
The holders of the preferred stock shall be
entitled TO receive when and as declared. from
/ the surplus net profits of the corporation,
yearly dividends at the rate of eight per
| cent 1871 per annum, and no more, payable
annually on dates as fixed by the bylaws.
| The dividends on preferred stock shall be
cumulative, and shall be payable before any
dividends on the common stock shall be paid
| or set apart so that, If any years dividends
| amounting 10 eight per cent shall not have
been paid thereon, the deficiency shall be
payable before any dividends shall be paid
upon or set apart for the common stock
| Whenever all cumulative dividends on the
preferred stock for all previous years shall
have been declared and shall have become
payable, and the accrued interest for the cur
rent year shall have been declared and the
company shall have paid such cumulative div
idends for previous years and such accrued
| interest for current year. or shall have set
aside from its surplus or net profits sum
| sufficient for the payment thereof, the board
of directors may declare dividends on the
common stock, payable then or thereafter,
out of any remaining surplus or net profts.
In the event OF any liquidation or dissolu.
ton, or winding up, whether voluntary or in
voluntary, OF the corporation, the holders OF
the preferred stock shall be entitled to be
paid in full, both the par amount OF their
shares and the unpaid dividends accrued
thereon, before any amount shall be paid to
the holders of the common stock; and after
the payment to the holders of the preferred
stock of its par value and the unpaid accrued
dividends thereon, the remaining assets and
funds shall be divided and paid TO the hold.
ers of the common stock according to their
respective shares
The authorized issue of preferred stock, as
provided herein, shall be eight per cent Gu
mulatve, non-yoting and worcestershire
stock
The capital stock of this corporation, in.
GLIDING the authorized issue of common and
preferred stock, shall be paid for in cash or
than par for services rendered to property
actually purchased by said corporation.
All shares of stock shall be full paid and
non. assessable, and the transfer of stock
shall be made in accordance with the uniform
stock transfer acts of this state.
All certificates of stock shall be signed by
such officers may be designated by the
The right and option is hereby reserved TO
this corporation, after three years from date
hereof, to retire the whole, or any part OF
the authorized issue of preferred stock, on
the basis OF one hundred and ten dollars
(SllOOO per share, and accrued interest.
All as will appear from certified copy OF
the resolution Of the meeting of said stock
holders herenabove referred TO, hereto an
nexed and made part of this act.
Thus done and passed, in my office in the
city of New Orleans. Louisiana. on the day,
date and year hereinabove first written. in
the presence of Messrs. William F. Conker-
ton and Philip R. Livaudais, competent wit
nesses, who hereunto sign their names as
such with the said appearers, and me, notary,
after due reading of the whole.
Original Signed: A. S. Bowman, Presi-
dent; John r Perez Secretary. Witnesses:
VIM F. Conkerton, Philip r. tivaudais.
THEODORE A. SCHUBER,
Y (SeaD Notary Public.
1, the undersigned. recorder of mortgages,
in and for the parish of Orleans, State Of
Louisiana. do hereby certify that the above
aud foregoing act of incorporation, of the
amendment Algiers Distilling Company was
this day recorded in my office, in book 1875.
folio 1874 New Orleans, Feb; g 1916.
(Signed) EMILE J. LEONARD, D. R.
A true copy of the original
THEODORE A. SCHUBER, Notary Public.