The herald. [volume] (New Orleans, La.) 1905-1953, 1917-01-18
AMENDMENT TO CHARTER
OF MOORE ROTARY STUMP CUTTER
COMPANY, INC


United States of America, State of Loulsi-
ana, Parish of Orleans, City Of New Or
leans.
the month of December in the year of our
Lord one thousand nine hundred and six:
teen and of the independence OF the United
States. @ America, the one hundred and
notary public, duly commissioned and quail.
fled, in and for this city and the parish of
Orleans, therein residing, and in the presence
Of the witnesses herein after named and I'M
designed: Personally came and appeared:
/. 7. Seton Schneidau, 2. Wesley [. Law
renee, Jr., both of age and residents OF the
city of New Orleans, here appearing IN their
capacity as president and secretary, respect
lively, of the Moore Rotary Stump Cutter
Company, Inc, corporation organized under
the laws of the State of Louisiana and domi-
ciled in the city of New Orleans. Who de-
clared, that as will appear by the certificate
hereto annexed, meeting of the stockhold-
ers of the Moore Rotary Stump Cutter Co,
Inc, was held at the Office OF the corpora
ton, No. 2l3 Hennen Building, on Saturday.
November 4, 1916, at the hour of 2:3o o'clock
p. m. That there were present and repre-
scented six hundred and three (6O0 shares
Of seven hundred thirty.fve V39 shares
issued and outstanding. That said meeting
was called for the purpose of considering
certain proposed amendments 10 the char
were in due course adopted by. the said
meeting. That at said meeting the appear
ers appointed committee for the pur-
pose of causing to be embodied IN due Tor
NAL and legal shape the amendments to the
charter of Moore Rotary Stump Cutter, Inc,
adopted at such meeting.
| And the said appearers further declared
that by virtue of the authority in them
vested by said stockholders at said meeting
| held Saturday. November 4. 1916, and for
and in behalf of said corporation, and in
| order TO carry out the purposes OF said meet,
| ing and to give the alterations, changes and
| amendments adopted at said meeting full
legal force and effect, they do now declare,
publish and give notice to the world that
Article ~ of the charter. of Moore Rotary
Stump Cutter Company, Inc, executed be-
fore William J.. Formento, notary public, on
the 18th day of August, 1914, was amended,
and the same is hereby amended and re-
enacted so as to read as follows, to-wit:
Article Iv.-The capital stock of this
corporation is hereby fixed at seyenty-hve
thousand (s7sOOo.OO dollars, divided into or
represented by fifteen hundred QsoO shares
Of the par value OF nifty SSooO collars
each.
THE whole of said stock, or any part
thereof, may be issued for cash, or may be
paid for in installments of such amounts and
determine, and said stock may also be IS
sued in payment and settlement of the pur-
chase price of patents or patent rights here
inbefore described, or that may hereafter be
acquired by the corporation such stock may
also be issued in payment, settlement and
adjustment of the fees, costs, charges, ex'
penSeS and COMM sSionS incurred TOT ser
vices rendered in the formation and organi-
zation of this corporation.
The board of directors is especially au
thorized to cause said stock TO be issued or
payment therefor in any of the methods
hereinbefore set out, as in its judgment seem:
fair and proper,
"The holders of all the preferred stock
issued having assented thereto, the preferred
stock created by Article ", originally
. drawn is hereby annulled and recalled, an6
the issue of said stock abrogated, and al
! the provisions in the charter concerning
: said stock are hereby annulled. recalled and
abrogated.
The capital stock authorized by thi.
amendment shall have and exercise all thu
! rights and powers conferred upon the com
t mon capital stock authorized by Article ~
as originally drawn"
= Said appearers further declare, publish
, and give notice to the world that Article
: Of the charter of the company, as executed
9 before William ]. Fcrmento, notary public
: on the 18th day of August, 1914, was amend
' ed and the same is hereby amended ant
0 re-enacted so as to read as follows, to-wit
: Article V.--All the powers of this corpo
!. ration shall be vested in a board of direc
a tors of not less than nine stockholders, whicl
number may be increased to not more thai
E hfteen, by the board of directors, whenever
d in the opinion Of a majority of the board