The herald. [volume] (New Orleans, La.) 1905-1953, 1917-12-20
CHARTERS.

corporation organized by an act passed be-
| tore Francis P. Burns, notary public, on
April 5th, 1917, recorded in NJ. o. B. 1906.
folio $50, and as amended by an act OF
amendment before the same notary public
on October 9Th, 1917, recorded in NJ. o. B.
l2l2, folio 554, held at the Office of said
Mercantile Realty Company, incorporated, on
November 18th, 1917. they were authorized
as president and secretary, respectively, OF
said Mercantile Realty Company, Iucorpor-
ated, as appears by a certified copy of the
minutes OF the stockholders meeting hereto
attached and made part hereof, to appear
before me, notary, for the purpose of amend
ing the said charter of the Mercantile Realty
Company, incorporated.
And the said appearers, as president and
secretary, respectively, of the said Mercan-
tile Realty Company, Incorporated, and act
ing III said capacities aforesaid and on be-
half OF said corporation by virtue of the
authority conferred upon them at the afore-
SAID special meeting of the stockholders of
the Mercantile Realty Company. Incorporat-
ed, declared that Article -Four Of the charter
Of SAID Mercantile Realty Company, Incor-
porated, passed before me, notary, on April
9Th, 1917, and as amended by an act of
amendment passed before me, notary, on Oc-
| tober 9Th, 1917, has been changed altered
and amended to read as follows, to-wt:
Article IV.-"The capital stock of this cor
poratIon is hereby fixed at the sum OF thirty
thousand ($50,OO0OO) dollars divided into
| three hundred $500 shares of the par value
Of one hundred $4,000 dollars each, pro.
vided that the amount to which the capital
stock Of this corporation may be increased
shall be hundred thousand ($lOO,OOOOO)
dollars.
Fifty per cent of the capital stock of this
| corporation must be subscribed for before the
| ming OF the articles of Incorporation. The
| subscribed capital stock of this corporation
| shall be payable in cash.
| No stakeholder shall ever be held liable
| or responsible for the faults, contracts or
| debts Of this corporation in any further sum
| than the unpaid balance due the corporation
| on the shares of stock subscribed for by him,
| nor shall any mere informality in the or.
| sanitation have the effect of rendering this
| charter null or of exposing any shareholder
| TO any liability whatsoever"
| And the said appearers moreover declared
| that IN consequence Of the foregoing and pur-
| suant to the authority in them vested by the
| stockholders of said Mercantile Realty Com
| pany, Incorporated, they do hereby formally
| declare publicly and make known that in
| the manner prescribed by law and agreeable
| to the provisions of the charter of said
| Mercantile Realty Company, incorporated,
| Article Four of said charter, passed before
| me, notary, on April 5th, 1917, and amended
| by an act of amendment passed before me,
| notary. on October 9th, 1917, has been
changed, altered and amended as hereinabove
set forth and written, and they do hereby
direct and require that the stated change and
amendment of Article Four of the charter
| of Mercantile Realty Company, incorporated,
| be recorded and published in the manner
prescribed by law, TO the end that the said
change and amendment hereafter and at all
| times be as hereinabove set forth, as regards
all persons that are now or may hereafter
| become stockholders of the aforesaid COM
pany.
Thus done and passed at my Office in the
| City of New Orleans, the day, months
and year herein first above written, in the
presence of ST. Clair Adams and Guy Hop
kins, competent witnesses, who hereunto sign
| their names with the said appearers and me,
Notary, after a reading of the whole.
(Signed) E. NJ. REA, P. J. STOUSE.
Witnesses: St Clair Adams, Guy Hopkins.
FRANCIS P. BURNS, Notary Public.
l, the undersigned Recorder of Mortgages,
in and for the Parish of Orleans, State of
Louisiana, do hereby certify that the above
and foregoing Act of Amendment of Incor-
poration of the Mercantile Realty Vo., Inc,
was. this day duly recorded in my Office, in
Book l2l2 Folio -.
New Orleans, Nov. 10Th, 1917.
(Signed) EMILE ]. LEONARD, by. R.
A true copy.
FRANCIS P. BURNS, Notary Public.
Nov p g Dec Is 20 u