The herald. [volume] (New Orleans, La.) 1905-1953, 1918-01-10
January 2nd, 1918.
AMENDMENT OF THE
CHARTER OF THE

CARONDELET INVESTMENT COMPANY
United States of America, State of Louisi.
ana, Parish OF Orleans, City of New
Orleans.
Be It known, That on this second day
of the month of January, in the year OF
our Lord one thousand nine hundred and
eighteen, and of the independence of the
United States of America, the one hundred
Formento, a Notary Public, duly commits
stoned and qualified, in and for the Parish
of Orleans, State of Louisiana, therein re-
siding. and in the presence of the witnesses
hereinafter named and undersigned, person
ally came and appeared:
Messrs. Albert L.. Stewart and Edwin
P. Muller, both of the age of majority and
acting herein in their respective capacities
as President and Secretary of the Carondelet
investment Company, a corporation duly in
eorporated by act before VIM. ]. Formento
Notary Public, for the Parish of Orleans,
La, on January Sth, 1914, and duly recorded
in the Mortgage Office. Book No. lll9 folio
No. 3S3, and amended as per act-dated April
Notary Public, for the Parish of Orleans,
La. duly recorded in the mortgage Office,
Book No. lll9, folio No. 7E. and domiciled
in the City of New Orleans; the said Pres
and by virtue Of resolution adopted by the
stockholders of the said Company, at a
meeting held on the twenty-fourth of De-
cember, 1917, a duly certified copy of the
being hereto annexed and made part hereof;
Who declared, That in order to carry into
effect the resolution adopted by the stock
holders at special meeting of the stock
holders on December oath, 1917, after due
notice in writing had been given thereof to
each stakeholder by letter mailed to his
last known address and all further notice
being waived and all stockholders being
either present or represented by proxy, which
resolution was unanimous as will appear by
the annexed certified copy of the extracts
OF said meeting;
They, the said appearers, acting as afore-
said, do by these presents on behalf of the
stockholders of this corporation, declare, pro
claim and publish the following change and
amendment to Article One and Article Five
of the aforementioned amended act of incor.
poration and original act of Incorporation
respectively, for the purpose of adopting the
same in lieu, place and stead of Article One
of the said amended act of incorporation and
Article Five of the said original act of In.
corporation, to be henceforth binding and
obligatory upon the said stockholders of the
Company or all others whom the same may
or shall concern; the said Article One of the
said act of incororation of the Carondelet In.
vestment Company is hereby amended Sc
as to read as follows:
ton shall be the Acme Realty Company, In.
corporated.' and by that name it shall be
known and shall enjoy succession for the
term of ninety-nine years from and after
Article Five of the said original act Of
Incorporation of the Carondelet Investment
Company is hereby amended so as to read
as follows:
Article Five.-"The capital stock of this
corporation is hereby fixed at the sum o.
Thirty thousand dollars (s30,O000O), which
shall be divided into Ten Thousand dollar,
| (Sl0,00000) of common and into Twenty thou
| sand dollars (S20,0O0O) of preferred. OF tn,
| common there shall be two hundred shares
\ 0f he al 0f ~
each; and of the preferred there shall b
four hundred shares (400) of the par valu
| of fifty dollars $4,000 each. The said pre-
| ferred stock shall be entitled to receive divi
dends at the rate of ten 00o6) per cent pc
| annum payable semi-annually, on the frs
Monday of January and on the first Monda,
| of July OF each years, out of the earning
| of said corporation, before any dividend shall
| be aid uon the said common stock an
such dividends shall be cumulative so tina
| any deficiency in the dividends to be pal
| on said preferred stock in any years shall b
| made good out of the earnings of subse
quent years before any dividend shall b
| paid upon the said common stock. And u
case the earnings Of the corporation shall
| permit dividend in excess of said &c
| O0Go) per cent, so 10 be paid semi-annually
| the said excess earnings. wholly or in par
as the directors may deem advisable. shal
be paid 20 the common stockholders An
on the FINAL liquidation and distribution .
It's assets. arrears Of dividends shall b. pal
% the holders ~ such preferred stock. an
the shares of preferred stock shall b. PAL
/ In full before any payment shall b mad
% the holders II ne eamr9n sfoCti IA
whrn snch nrTcars n dividends tnd ne Fac
value - snrh prrfrTrsi tfark sail NV
hes pad. ~ hsltrTs fhrrraf thall rsceir
~ athsr o. aftlfional psyneuf"
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