The herald. [volume] (New Orleans, La.) 1905-1953, 1917-05-03
March 20, 1917.
AMENDMENT OF CHARTER
OF 0. K. KNITTING MILLS, INC

OF Q. X. KNITTING MILLS, INC.
United States OF America, State Of Louisiana,
Parish Of Orleans, City Of New Orleans.
Be il known, that on this thirtieth day Of
the month OF March. in the year of Our
Lord, thousand nine hundred ard sew
enteen u9ND. before me, Charles Theodore
S;a-key, notary public, duly commissioned
and qualified, IN and for this city and the
Parish Of Orleans, therein residing, and in
the presence OF the witnesses hereinafter
named and undersigned, personally came and
appeared
Nathan Orsher and Saul Kronengold. both
residents Of the Parish Of Orleans, of the
full age, herein appearing in their capacity
as, respectively. the president and the sec
rotary Of the o. X. Knitting Mills, Inc,
appearing by virtue of resolutions adopted
by the directors and stockholders of the
said company, certified copies Of which are
hereunto annexed in the margin for refer
Who declared, that at a meeting Of the
stockholders Of the O. X. Knitting Mills, Inc
held pursuant to the call OF the board OF
directors, the S0th day of March, 1917,
IN New Orleans, at which meeting the entire
body Of stockholders OF said company was
present or represented, II was unanimously
voted TO amend Articles One, Three, Four and
tabIished by act passed before William Nor
gan Harmon, notary public for the parish
Of Orleans. the 18th day OF December,
in the year one thousand nine hundred and
! for the parish Of Orleans. in book Ill9,
folio SOS. 50 that said Articles One, Three,
-Four and Five should hereafter read and be
as follows, to-wlt:
Article The name and title of the cor
po-stIon shall be o. X. Knitting Mills. Inc,
and is d7ncIie shall! be in the city Of New
Orleans, State Of Louisiana, and it shall
have and enjoy succession by its corporate
name to- a period Of ninety-nine (99) years
from and after the date hereof.
This corporation shall have power and
authority TO contract, sue and be sued IN
its corporate name; to make and use a
purchase real and personal property and to
sell, mortgage, Or pledge the same, and to
borrow money and issue bonds, notes and
other obligations.
All citations or other legal process shall
be served upon the president, and in the
event Of his absence or inability to act from
any cause, the same shall be served upon
the secretary tire asuTer.
Article IIf.-The capital stock of this cor
poration is hereby fixed az the sum OF one
hundred thousand $4,000 dollars, divided
into one thousand 1900 shares of the par
value Of enc hundred (sl0O) dollars each. OF
dred 600 snares OF the par value OF one
hundred (slOO) dollars each, amounting 10
fifty thousand $4,000 dollars, shall be pre-
ferred stock, and FIVE hundred $500 shares
Of the par value Of one hundred $500 dol
lars each, amounting to fifty thousand ESQ.,
0C0 dollars, shall be common stock The
capital stock may be further increased up to
the sum Of FIVE hundred thousand (SSOOOOO
dollars, and all proceedings for the increase
or decrease of the capital stock shall be
conducted in accordance with the laws Of
this State.
Both the preferred and common stock shall
have the same voting power in the election
of officers and all elections requiring the
voting Of stock. This corporation shall COM
mence business as soon as FIVE thousand dol
lars $1,000 OF its capital. stock shall have
been subscribed for.
The stock shall be paid in cash at the
time OF subscription, or the same may be
issued at not less than par, in payment or
exchange for property or rights actually re-