The herald., 1918-08-15
AMENDMENT TO CHARTER OF
LANE COTTON MILLS COMPANY.

United States Of America. State of Loui>i-
ANA. Parish OF Orleans city OF New
Orleans.
BE il known that on this tweuty-SiNth
lday of the month Of June in the year of
our Lord one thousand nine hundred and
ieiShtr"n and Of the Independence Of the
United States of America, the one hundred
land forty third. before me-, Henry L. Dart,
.Jr., Notary Public. duly commissioned
land qualified, in and for this city and the
Parish Of Orleans therein residing, and
IN the presence OF the witnesses herein
after and undersigned, personally came
land appeared:
Sismuud Odeuhcimcr and Harry T.
Howard both of age and residents of the
It.ty of New Orleans. here appearing in
their capacity aS President and Secretary
Treasurer respectively of Lane Cotton
Mills Company, a corporation organized
under the laws of the stat" of Louisiana,
land dOmiciled in the city of New Orleans.
| Who declared. that as VIII appear by
the certificate hereto annexed, a meeting
of stockholders of Lane Cotton Mills Com
lpany was held in the directors room Of
THE Whitney Central National Bank, at
New Orleans, Louisiana, on wednesday,
June 10Th, 1918 at the hour of o'clock
lp. IN. That there were present and rep
resented at said meeting l32Ij shares of
the capital stock Of said corporation, out
of total of 1880 shares issued ana out
standing. That the said meeting of stock
| holders WAS held after due notice given in
accordance with law and with the charter
of this corporation to each and every
stakeholder.
| That said meeting was called for the
purpose of considering a certain proposed
amendment to the charter of the said cor
IpordtiOn, which amendment WAS in due
course unanimously adopted by the said
Injecting. That at said meeting the appear
erS were appointed Il committee for the
purpose of causing to be embodied in due,
| formal and legal shape the amendment to
the charter of Lane Cotton Mills Company
adopted nj the said meeting.
| And the said appcarerS declare that by
virtue of the authority i'll them vested by
on Wednesday, June 26. 1918, 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
land amendment adopted at said meeting
Ifull legal force and effect.
They do now declare, publish and give
notice to the world that Article " of the
charter Of Lane Cotton Mills Company,
executed before Henry L. Dart, Jr., No
itary Public, on December 2nd, 1916, was
amended and the same is hereby amended
and re-enacted so as to read as follows:
ItO-wit:
Article IV-"The capital stock of this
corporation is fixed at the sum of two
million two hundred fifty thousand dol
lars tS2,2JO,OOO) divided into and repre-
scented by twenty-five thousand five hun
dred (22,J0O) shares of the par value of
lone hundred dollars, four thousand five
hundred shares of which shall be and con-
Stitute the preferred stock, and the re
naming eighteen thousand shares shall he
land constitute the common stock of this
corporation.
said stock shall be paid for in cash
land ut such time and in such inStallments
as the Board of Directors may determine,
or same may be issued for property or
rights actually received by this corpora
tiOn. The common stock may also be is
sued by this corporation in payment of
dividends declared and to be declared by
no 10
to preference and priority over the COM
mon stock in the distribution of dividends
and in liquidation and the dividend on
said preferred stock Is hereby fixed and
limited to seven per cent per annum and
shall be cumulative.
"All transfers of shares in the capital
stock of this corporation shall be entered
on the stock book, and no transfer of stock
shall be in any manner binding on this
corporation until registered in said stock
book.
This corporation shall become a going
lconcern, and may commence business when
one hundred thousand dollars (SlOO,OOO) of
its capital stock shall have been subscribed
for"
Appcarers further declare that they do
hereby authorize and require the said
changes and amendments to be duly in
| OrpOrated into nOtarial shape and to be
recorded and published according to law,
the end that the same may be operative
and binding on all persons whomsOever.
Thus done and passed in my office at
New Orleans, one the day, month and
year herein first above written, and in
the presence of William Herman Dart and
Louis j. Gelpi, competent witnesses, who
have hereunto signed their Names togeth-
or with said appearers, and me, Notary.
Sigmund Odenheimer, Ii. T. Howard.
Witnesses: William Herman Dart, Louis
J. Gelpi.
HENRY Z. DART, JR., Not. Pub
/. the undersigned, Recorder of Mort
I'm nd fnr M N
State of Louisiana, do hereby certify that
he above and foregoing act or incOrpOr-
alton of the amendment of Lane Cotton Mills
Company was this day duly recorded III
ny Office in book 1922, folio 1914,
! New Orleans, June %, 1918.
Signed) EMILE j. LEONARD, by. r
scaD A true copy.
HENRY L. DART, JR., Not. Pub
, LILY l1-lS-25 Aug l-S-lJ