The herald. [volume] (New Orleans, La.) 1905-1953, 1918-08-08
AMENDMENT TO CHARTER OF
LANE COTTON MILLS COMPANY.

United States of America, State Of Iouisi-
ana, Parish of Orleans, city Of New
Orleans.
BE it known that on this twenty sixth
day of the month of June in the year Of
our Lord one thousand nine hundred and
lrlghtc"n and of the Independence of the
! United States of America the one hundred
and forty third, before me-, Henry L. Dart,
! Jr., Il Notary Public, duly commissioned
and qualitied. in and for this city and the
| Parish of Orleans. therein residing. and
Iiu the presence of the witnesses herein
latter and undersigned, personally came
and appeared:
Sigmund Odenhcimer and Harry T.
| Howard, both of age and residents of the
lefty of New Orleans. here appearing in
their capacity as President and Secretary
! Treasurer respectively of Lane Cotton
| Mills Company, corporation organized
under the laws of the State of Louisiana,
and dOmiciled in the city of New Orleans.
Who declared, that as VIII appear by
the certificate hereto annexed, Il meeting
Of stockholders of Lane Cotton Mills Com
the Whitney Central National Bank, at
New Orleans, Louisiana, on Wednesday,
June 10Th, 1913 at the hour of o'clock
Ip. III. That there We're present and rep
resented at said meeting 13.2Ij shares of
/ the capital stock of said corporation. out
of a total of 1880 shares issued and 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
pOratiOn, which amendment was in due
IcOur>e unanimously adopted by the said
meeting. That ut said meeting the appear
lerS were appointed a 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 at the said meeting.
And the said appearers declare that by
virtue of the authority in them vested by
said stockholders mt said meeting held
on Wednesday, June 26, 1915 and for and
in behalf of said corporation, and i'll order
Ito carry out the purposes of said meet
ing and to give the alterations, changes
and amendment adopted at said meeting
full legal force and effect.
They do now declare, publish and give
notice to the world that Article " of the
executed before Henry Z. Dart, Jr., No
ltary Public, on December End, 1916, 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 fixed at the sum of two
million two hundred fifty thousand dol
lars .(S2,2JOO0O) divided into and repre-
ISented by twenty-five thousand five hun
dred (22,JOO) shares of the par value of
one 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 be
and constitute the common stock of this
corporation.
said stock shall be paid for in cash
and ut such time and in such installments
las the Board of Directors may determine
or same may be issued for property OF
rights actually received by this corpora
ItiOn. The common stock may also be is
sued by this corporation in payment OF
AfxfI IL dasIa rnI to no asl odd ~
lit. The preferred stock shall be entitled
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
IcOncern, and may commence business when
| one hundred thousand dollars (S1OO,OOO) of
its capital stock shall have been subscribed
flor"
| Appcarers further declare that they do
thereby 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,
| o 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
L the presence of William Herman Dart and
Louis j. Gelpi, competent witnesses, who
have hereunto signed their names, togeth-
er 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
cages in and for the Parish of Orleans,
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 1222, folio 1914,
| New Orleans, June %, 1918.
| Signed) EMILE J. LEONARD, by. X
| seaD true copy.
| HENRY i. DART, JR., Not. Pub
lily 11-1S25 Aug 1-S-15