The herald., 1916-03-09
AMENDMENT TO CHARTER

| OF SCHUMERr y WAKEFIELD. INC.
| nied States OF America, State OF Louisiana
| Parish OF Orleans, City of New Orleans.
| BE 1t known. that on this 18th day Of Feb
ruary. IN the year of our Lord. one thousand
ulnc hundred and sixteen. and Of the indie.
pendence of the United States Of America,
| the one hundred and fnrtIeth, before me. Mev-
| er Samuel DreifuS, notary public, in
notary public. III and for the parish of Or
and for the parish OF Orleans. State
stoned and qualified, and in the presence
! OF the witnesses hereinafter named and under
signed personally came and appeared: Oscar
Schumert. president, and John B. Warheld.
secretary. OF Schumert a WarheId Lid and
said appearerS declared that at the meeting OF
the stockholders OF SChumert 4 Warhcld, Ltd.
held at the domicile of the corporation. No.
IA lamp street, in the city of New Orleans,
SAID meeting having been convened and held
IN accordance with the charter OF said cor
poratIon, passed before John T. Sullivan,
notray public, on the 3lst day OF July, nine
teen hundred and seven. recorded in Mort
gage Once fer the Paris hof Orlenas. Book
ISL, folio HS; said meeting being convened
January 49, 1910.
1t was the sense OF said meeting. by resolu
ton regularly adopted that said charter of
the corporation be amended and changed SO as
to read as follows:
Article 1.-The name and title Of this cor
poratlon shall he 'Schumert 4 Warheld. Inc >"
and by that name IT shall enjoy succession
Tor the term OF ninety-nine years from the
date hereof, unless sooner dissolved. 1t shall
have power to sue and he sued, TO make and
use corporate seal, to borrow money, 10
hold, purchase, lease, sell and hypothecate real
and personal property; to Name and appoint
directors. managers and agents and to dis
charge them at pleasure; TO establish such by
laws, rules and regulations for the manage
ment of the business and affairs of the cor
pordtiOn may be necessary the same 10
alter at pleasure; also TO make and issue
bonds and other evidences Of debt and TO Sc
cure same by mortgage or otherwise.
Article IOm1rIlP nj ttnr,
shall he in the city of New Orleans, and all
citations other legal process shall be served
on the President or in his absence, on the
Secretary.
Article III.-The objects and purposes of
tins corporation shall be 20 carry on the bust |
ness OF Printers, StatiOnerS, Lith0graphers, |
Blank Book Makers and General Office Out |
htters, and TO purchase, sell and generally |
deal. whether As principal or agent, in Ad- !
essographS, Typewritcrs, Neostyles, Egry |
systems, Roller Copiers, Dupligraphs, Dia- |
Sealing Machines, Bookcases, Desks and
Typewriter Cabinets, Filing Systems, Loose
Leaf Ledgers, Steel Filing Sections Office and
typewriter Chairs Stationery and all kinds of
Office Furniture Furnishings Fixtures and ad. |
Juncts Of all and every kind and description
" whatsoever.
Article IV.-The capital stock Of this cor
poratlon shall be one hundred thousand dol
lars tSlO,D0OOD which shall he divided into
one thousand shares 1000 at the par value Of
one hundred dollars $4,000 per share; which
said stock shall be divided into two classes;
i've hundred shares 1901 Of said stock shall
be known as preferred stock" and tive hun.
dred shares 500 shall be known rs common
stock. The company reserves the right 90
redeem its preferred stock at a bOrus l. $1,000
per share after ten 00J years.
The holder or holders Of the shares Of pre-
ferred stock shall be entitled to a voice or
vote IN the management Of the affairs OF said
corporations and shall be entitled 70 vote in
any election for officers or directors of this
corporation and to hold any office by virtue
OF the fact that they are holder or holders. Of
said stock. Dividends shall be declared as
follows:
The net profits Of this corporation shall be
divided annually among the stockholders A
semi-annual dividend Of II per centum shall
be declared on the preferred stock" and paid
beofre any dividend shall be declared upon
the common stock
ANY holder Of common stock" may sell, as
sign transfer his stock IN this corporation, |
provided thirty 800 days prior notice Of such |
intention 70 sell, assign or transfer the same
be given the company, and the other stock. !
holders thereof shall have the first privilege Of
purchasing same, after which thirty go days |
notice the SAID stock may be sold IN open mar |
ket
The stock Of said corporation may be trans. !
ferred under the above conditions provided
such transfer thereof be made on the books OF |
said company, al its Office IN New Orleans, and |
on surrender OF the certificate therefor. No |
transfer Of any fractional pratt OF share shall
be made.
Article N.-1he corporate powers Of this cor
poration shall be vested in and exercised by
a board Of directors, composed Of not less than
four, nor more than fifteen stockholders, three
OF whom shall constitute a quorum for the
transaction Of business, two OF whom may con-
vene said meeting and adjourn same until the
necessary quorum shall have been convened.
The Board OF Directors shall adopt such by
laws, rules and regulations as shall be neccs-
sary 70 govern themselves, and shall select
from their number 4 president, vice president,
secretary and a treasurer. Elections for
directors shall be held annually, and in the
absence OF an election the directors holding
Office shall remain in office until their success
sors have been duly elected and qualified