The herald. [volume] (New Orleans, La.) 1905-1953, 1916-12-28
AMENDMENT TO CHARTER
MOORE ROTARY STUMP CUTTER

COMPAN1, I'M.
United States of America, State of Louisi-
ana, Parish of Orleans, City of New Or.
leans.
Be it known, that on this seventh day of
the month of December 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, Henry 7. Dart, Jr:,
notary public, duly commissioned and quail:
ihed, in and for this city and the parish of
Orleans, therein residing, and in the presence
IF the witnesses herein after named and un-
iersigned: Personally came and appeared:
I. p Seton Schneidau, 3 Wesley {. Law
renee, Jr., both of age and residents OF the
city of New Orleans, here appearing IN their
capacity as president and secretary, respect
ively, of the Moore Rotary Stump Cutter
Company, Inc, corporation organized under
he laws Of the State of Louisiana and domi-
cied in the city of New Orleans. Who de-
,lared that as will appear by the certificate
hereto annexed, a meeting of the stockhold-
ers of the Moore Rotary Stump Gutter Co.,
Inc, was held at the Office OF the corpora
ton, No. 2l3 Hennen Building, on Saturday,
November 4, 1916, at the hour of ESQ O'Clock
p. m. That there were present and repre-
scented six hundred and three CoO3) shares
IF the capital stock of said corporation out
Of seven hundred thirty-hve O3S) shares
issued and outstanding That said meeting
was called for the purpose OF considering
certain proposed amendments to the char
ter of said corporation, which amendments
were in due course adopted by. the said
meeting. That at said meeting the appear
ers were appointed committee for the Pur-
pose of causing to be embodied IN due tor
NAL and legal shape the amendments to the
charter of Moore Rotary Stump Cutter, Inc,
adopted at such meeting. ,
And the said appearers further declared
that by virtue of the authority. IN them
vested by said stockholders at said meeting
held Saturday, November 4, 1916, and for
and in behalf of said corporation, and IN
order to carry out the purposes OF SAID meet;
ing and to give the alterations, changes ana
amendments adopted at said meeting full
legal force and effect they do now declare,
publish and give notice to the world that
Article " of the charter of Moore Rotary
Stump Cutter Company, Inc, executed be-
fore William J.. Formento, notary public, on
the 18th day of August, 1914, was amended,
and the same is hereby amended and re-
enacted so as to read as follows, to-wit:
Article IV.-The capital stock OF TINS
corporation is hereby fixed at seventy-nve
thousand (s75,oOo0O) dollars, divided into or
represented by fifteen hundred QOO) shares
of the par value of fifty SSoOO dollars
each.
thereof. may be issued for cash, or may be
paid for in installments of such amounts and
at such terms as the board of directors may
determine, and said stock may also De IS
sued in payment and settlement OF the pur-
chase price of patents or patent rights mere
inbefore described, or that may hereafter De
acquired by the corporation SUCH STOCK may
also . be issued IN payment, SculcmcHt anu
adjustment of the fees, costs, charges, ex-
penses and commi ssions incurred for ser
vices rendered in the formation and organi-
cation of this corporation.
"The board of directors is especially au-
thorized to cause said stock to be issued on
payment therefor in any of the methods
hereinbefore set out, as in its judgment seems
fair and proper.
The holders of all the preferred stock
issued having assented thereto, the preferred
stock created by Article Nv, as originally
drawn is hereby annulled and recalled, and
the issue of said stock abrogated, and all
the provisions in the charter concerning
said stock are hereby annulled, recalled and
abrogated. -.
The capital stock authorized by, this
amendment shall have and exercise all the
rights and powers conferred upon the com,
mon capital stock authorized by Article Nv
as originally drawn"
Said appearers further declare, puolsn
and give notice to the world that Article v
of the charter of the company, as executed
before William J. Formento, notary public
on the 18th day of August, 1914, was amend,
ed and the same is hereby amended and
re-enacted so as to read as follows, to-wit:
"Article V.-All the powers OF this corpo-
ration shall be vested in a board OF direc-
tors OF not less than nine stockholders, which
number NAV be increased to not more than
fifteen, by the board of directors, whenever,
in the opinion of a majority OF the board,
such increase will be to the best interests
of the corporation, and the board OF directors