The herald., 1918-06-27
CHARTER

/ Parish Of Orleans, therein residing and in
| the presence OF the witnesses hercinafter
named and undersigned, personally came and
appeared: Ferdinand katz and Conrad Buch-
/ Ter, respectively the President and the See
rotary, duly elected as such at the meeting
OF the stockholders Of the Riparian Land
Company, Inc, hereinafter mentioned, who
declared:
That at special meeting of the stock
holders Of the Riparian Land Company. Inc
a corporation Of this state, created luudcr
the name OF the Colonial Land Company.
Inc.,) by an act before +. ID. Charbouuct
notary, on January 24,h, 1917. recorded i'm
the Mortgage Office Of this Parish in Book
1870 al folio As, and amended (in changing
the name OF said company 10 its present
namel by another act before the same notary
on May Sih, 1917: recorded in Mortgage OF
flee OF this Parish in Book 1870 at folio 7SS
held on the 2gth day Of March, 1918 at ZOO
o'clock 2. m, and adjourned to the 5Oth day
OF March, 1918, at l:5O o'clock p. m. both
held at the office Of said company, No. $50
GravIer Street, New Orleans, they were au-
thorized and required. IN their respective
capacities to take the necessary steps to
execute the amendment and comply with the
laws relative thereto" all will fully and
at length appear by reference to a duly GER
titled copy Of the minutes of the said stock
holders meeting, annexed in the margin
hereof and make part hereof for greater Ger
talnty, and
Said appearers, in their respective capaci.
W.
Inc, and for and on behalf of said corpora
ton, declared that there was present and |
represented at said meetings eight hundred |
shares Of the capital stock of said corpora |
ton, out OF total possible one thousand |
shares. being more than three -fourths, both |
IN number and amount, present and repre-
sented, and
That said stockholders were acquainted |
with the situation found by the Board of |
hereupon moved by James Flotte and second
hereuponmoved by James Flotte and second.
ID by Otto Mayer and unanimously adopted
~ the stockholders in meeting convened.
hat Article III OF the charter of said cor
'oration be amended and re-enacted so as
o read as follows:
ARTICLE THIRD:-The capital stock of
his corporation is hereby fixed at the sum
4 one hundred and fifty thousand dollars,
divided into and represented by three thou
and shares of the par value of fifty dollars
'ach; all of said stock shall be paid for in
ash.
The capital stool, of this corporation may
,e increased to the sum of five hundred
thousand dollars, divided into and represent.
d by ten thousand shares Of the par value !
# fifty dollars each, which increase of
took shall be sold at a value to be fixed
" the stockholders. Such increase shall
e made from time to time as the convent
nee of the corporation shall demand.
That such stock il any is. issued, shall
ot be issued for less than its par value.
ither for cash, or for property actually re.
|
ctually rendered to it; that in the event
aid stock is sold on installments the Board
Directors shall provide and fix the time,
tanner and amount of deferred payments
hereof.
Such stock shall be fully paid and non
ssessable, subject only to unpaid balance
ne thereon, If sold on installment payments |
II stock of this corporation provided for
erein or that which may herafter be is
led, shall be valid only if signed by the
resident or vice-presdent and countersigned
Y the secretary
All transfers of any stock shall be valid
lily when made on the books of the com
my. and no transfers shall be made and no |
ockholder shall dispose of his said stock
: sale until the same shall be first offered
the stockholders of this corporation by
ritten notice directed to the secretary there
, and the said stockholders shall for ten |
US after the delivery of such notice to
e secretary have the right to acquire such
Ock at its market price, or If there be no
1rket price for its book value according
the books of the corporation
And, whereupon the said Ferdinand Katz |
d the said Conrad Buchler, president and
cretary, aforesaid, respectively, appeared
fore me, notary, to perpetuate into the pub
records the result of the meeting of the
'ckholders, aforesaid, and to make, by
ese presents, autrentic proof of the afore.
i'd amendment to Article Three, of the char.
OF said corporation, to be spread publicly
the records of this Parish and State 7
ice at the City of New Orleans, on the
y, month and year herein first before e
ltten, in the presence Of Mable Comeaux | b
Louis F: Sauve, competent witnesses. who :,
We signed these presents, together with v
said appearers and me, notary, after a
lding the whole.
Original Signed
'erd Katz, President; c. Buchler, Score. 9
y; Mabel Comeaux; L. F. Sauve. /,
F. d. CHARBONNET,
., Notary Public. o
=, the undersigned Recorder of Mortgages =
ana Tor the Parish of Orleans, do hereby .
tify that the above and foregoing amend 9
mt to charter of Riparian Land Co., Inc, p
$ this day duly recorded in my office in :
ok 1906 at folio o
Signed EMILE J. LEONARD, d. R. NJ n
'ew Orleans, May %, 1918.
true copy:
F. D. CHARBONNET, O
Il