The herald. [volume] (New Orleans, La.) 1905-1953, 1917-03-01
AMENDMENT TO CHARTER

LII i
United States u America. State OF Louisiana.
Parish q Orleans. City u New Orleans.
lie II known, that on this sixteenth day Of
me 1onia q February. in the year Of our
/ Lo7i one thousand nine hundred and sew
e"teen and q the independence o; the United
States u America, the one hundred and
''Tiy-ars;. before ne, Henry ?. Dar;, IT,.
notary public, duly commissioned and
quailHed, n and for this city and the parish
| u orleans, therein residing, ard in the
presence OF the witnesses hereinafter named
and undersigned: Personally came and ap-
reared !. W: II. Dryer and p A. J. Ed
muEds. both Of age and residents OF the city
| q NeS Orleans: who declared, tina, as will
appear BY the certificate hereto annexed a
meeting Of the stockholders of Dwyer Broth
ers Company, Limited was held AZ the ~
Ne" Orleans, Louisiana, on the 2nd day o;
February. 1917. That at said meeting ali
| the outstanding capital stock OF the corpo-
ration was present and -epres ented TIA.
certain amendments 10 the charter OF said
corporation were considered ~ said meeting
and were IN due course unanimously adopted
ana mat appearers were appointed commits
sloners 10 appear before a notary public
.eEal shape the amendments to the Charter
| OF Dryer Brothers Company, Ltd, adopted
at said meeting.
And the said appearers now declare tha,
| oy virtue OF The authority in them vested bv
SAID stockholders az said meeting held on
February ?. 1917, and for and in behalf o;
sara corporation, and in order 20 give the
alterations; changes and amendments adopt.
| tect, they do now declare, publish and give
notice to the world that the Charter O;
pwyer Brothers Company. Limited. executed
before Charles F. Fletchinger. notary o,rbI;c
on January =, 1857. amended BY act before
| ne same notary OF April % 1907 and fI-.
| ,her amended by act before J. NJ Or;rte-o
notary PUBLIC. on the 18th day Of MAY. 1907.
was amended and Te-enacted 50 as to read
/ as follows. fo-Wlt.
Article 1.-The name and style Of .h;,
corporation shall be Dwyer Brothers. Inc:
| Us donllclle shall be the city OF New Or,
| ieans, State Of Louisiana. Ii shall exis- AID
| continue. Tor ninety-nine years from and
| after this date anu
Article 1.-THE objects and PURPOSES q;
| ms corporation are 10 engage in buying and
| selling az wholesale merchandise ~ 80 @,-v
! nature and description. INCLUDING drv sooJs
| notions, Clothing. house and kitchen ute,.
| SIS; cookery, tInware, hardware and thing.
u IKE character; to purchase and sell raw
| material and TO manufacture the same ~
other shapes; to import and expor, The sane
| ana generally 10 do any and all things incl
| Ns!'l Or pertinent 10 or connected with the
| ooJeets and purposes aforesaid; 70 conduct
| ana operate a JOB printing Office ard a ~
aad perform all things pertinent TO that linz
| o. business and connected Herewith
! Article lII-'The capital stock of this cor
poTation IS hereby fixed at the sum OF eighty
| thousand dollars $50 OOOOO. 70 be dividsi
into eigh: hundred shares OF the oar vaiue ~
| one hundred dollars each, the same being
! all comTOn stock and full paid and nor.
asSessable. Said capital stock may be in.
creased % one hundred and fifty thousand
dollars $50 1000. No sale or transfer 81
| STOCK snaI De recognized by or De biudinc
| upon this corporation unless the said stocL
! sAaIi nave been first offered for sale to the
stockholders OF record at the time OF sycf
| offer. which offer shall be made 70 the 49,
Of directors for the use and benefit az surL
/ 49, ihiIoigeIs' ana upon any such offer any
stocShoideT shall have the right 70 purchas,
| any stock 50 offered al the price at which
the same IS so offered, but if the said pr;c,
| - not agreed 70, then at price and vain,
| lot me same TO be ascertained and dete-
mined by the monthly trial balance Of N,
| corporation, compared with the last au,ua'
or semi annual inventory and statevnen,
| made before the date Of such offer, and eacr
sioc kAolder OF record shall be entitled y
purchase me stock 50 offered in proportion
70 the holding Of such stockholder az N,
time OF such offer. Should no such pu-chas,
| De made and should the price not be na;f
within ten days from the receipt OF ~.
| holoe AFORESAID by the board Of directors
,ne STOCK may De sold al the will OF IA,
Article fN.-"All the corporate power shall
pc vested IN and exercised by a board o
| FOUR directors, TO be elected annually OF
the second Tuesday Of January Of each YEA
al the Office Of the corporation. All sycy
elections shall be by ballot under the su
Pervisi?n Of two stockholders 10 be an
| Sci-NSu iOI mat purpose by the board o
| directors and ten days prior notice OF sucl
| election and Of every meeting of stockhold
ers shall be mailed by the secretary Of -,
! corporation TO the last address furnished =
II BY each stakeholder. Each share OF stool
shall be entitled 10 one vote, 70 be cast :,
person or by proxy, and a majority Of ~
votes cast shall decide the election Tn
| failure TO elect directors on the day Eve,
or al any election shall be followed bv an
other eleenbn to be held after ten davs' no
| tiee mailed as aforesaid. and the BOARD !,
once snail continue until its successor shat
be elected and qualified
vacancies on the board OF directors shall
be hlled by the remaining members of m
board and said board shall serve until II
! successor IS elected and qualified. Two Al
rectors shall constitute quorum for all pur
| The Board Of Directors may be increase,
10 i've by resolution adopted at any annua
election and in case of such increase. tire
shan constitute quorum for all purposes
Inc board OF directors may sell the prom
| erty and business of the corporation in Who'll
| OF IN part and fix and receive the pric
therefor, and may receive stock in othe
corporations in payment therefor; il ma,
| purchase the stock and business of an
other corporation or individual and paw 10
the same out of the corporate funds: pro
vided that this power shall not be exercise,
Z Il a.