The herald., 1916-03-09

shares; C.. f. Brenholdts, John r. Perez,
Perez, Secty., / share; Reynolds & Kincaide,
John Perez, Secty., 2 shares; Thos. A. Gil
more, John R. Perez, Secty, l share; N.
Mrs. F. F. Killilea and Loretta Killilea. John
Z. Perez Secty, II shares; d. J. Theard,
John K Perez, Secty., shares; S. B. Dick
W. Bernard John r. Perez, Secty., , shares:
George W. Murrell, John X. Perez, Secty., l7J
shares; J. 5. Waterman, John r. Perez,
John K. Perez, Secty., share; John J. Gro,
yer, John r. Perez, Secty., share; John Nc
CURE, John r. Perez, Sectyr share; r. L.
Geo. Sharp, John R. Perez, Secty., share;
V. O. Cross, John X. Perez, Secty 10
shares; John Kleinkemper. John X. Perez,
Secty., shares; J. =. Nezien, John r. Perez,
Secty, ! share; NJ. Ahascal & Bro, John r.
Perez. Secty.. share; a. T. Abascal, John
r. Perez Secty., 10 shares; Jos. Z: Rolling,
John X. Perez, Secty., ia shares; Mrs. f. +.
Gaskins, John X. Perez, Secty., ~ shares,
Texas Gull $ 5. Co.; John r. Perez, Secty.,
% shares; Guyton & Moore, John X. Perez.
Co., John r. Perez, Secty. shares; J. f.
Dunlap. John X. Perez. Secty., % shares;
John 7, Guyton, John r. Perez, Secty., 20
shares; Thos W Gwin. John T. Perez. Secty.,
% shares; Lconce NJ Soniat. John r Perez,
| Secty., l55 shares; Lewis +. Murrel. John
K Perez, Secty". % shares; Aug. Schabel,
| lunu IL. ltTCY, SCCtS., = shares, hos. !.
! Clay, John X. Perez. Secty.. 30 shares; W G.
! Strange, John K. Perez, Sccty., $50 shares;
7. O. Wild, John X. Perez Secty., 49,! shares;
Mrs. +. Caramblt Estate of. John K. Perez,
! Secretary, ! share; +. L. Norton. John X.
Perez, Secty, 25 shares; William Mcclure,
John K. Perez, Sccty, shares; Theo. Wal
gren, John R. Perez, SeCty. shares; Thos.
J. b. Lcvert, John r. Perez. Sccty, % shares;
! +. J. Kcarny, VI. D., John Dcblieux. -
shares; Ernest NicknaiTei John Debieux, -.
shares; L. r. Hart, John Deblieux, 80 shares;
Octave Leyert, Jno. r. Perez, Sccty., %
| shares
The herenabovc meutioned Stockholders
! holding owning and voting over thrce-fOurthS
| OF the capital stock as issued to that date
That they, the said A. 5. 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 afordIng 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, 1910, Article IL Of the original
and amended certificates OF Incorporation Of
the said Algiers Distilling Company was
| amended as to read as follows:
| Article IN.-The total authorized capital
| stock of this corporation is hereby fixed at
| the sum of two hundred and nifty thousand
! lS250.O0OM dollars, divided into twenty five
|
| hundred dollars each; Of such total authorized
| capital stock, 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
TO law, and may be issued in such amount and
| proportions 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 10 receive when and as declared from
| the surplus or net profits of the corporation,
| yearly dividends at the rate of eight per
cent $50 per annum, and no more, payable
| annually dates as fixed by the bylaws.
The dividends on preferred stock shall be
cumulative, and shall be payable before any
dividends the common stock shall be paid
or set apart so that, if any years dividends
amounting TO 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, shall have set
aside from its surplus net profits a sum
sufficient for the payment thereof, the board
| OF directors may declare dividends on the
common stock, payable then or thereafter,
| N''' '''e VI ''Nh
In the event of any liquidation dissolu-
| tion. or winding up whether voluntary or in.
! voluntary, OF the corporation, the holders Of
| the preferred stock shall be entitled 10 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
o. az he ~ heir
respective shares.
The authorized issue of preferred stock, as
provided herein, shall be eight per cent Gu
mulative, non-voting and worcestershire
stock.
The capital stock of this corporation. in.
Guiding the authorized issue of common and
instruments, or may be ISSUED at not less
than par for services rendered to or 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 as may be designated by the
board Of directors.
The right and option is hereby reserved to
this corporation, after three years from date |
hereof to retire the whole, any part of |
the authorized issue of preferred stock, on
the basis of one hundred and ten dollars |
$4,000 per share, and accrued interest.
All will appear from certified copy of |
the resolution of the meeting of said stock |
holders hereinabove 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 hereinaboye first written, in
the presence of Messrs. William F. Conker |
ton and Philip X. 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 X. Livaudais.
THEODORE A. SCHUBEP,
(SeaD Notary Public
I, 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 1885,
folio l54 New Orleans, Feb; 9 1916.
A true copy of the original
TIIEnnOpE SCHITRER p,,bIir