The herald. [volume] (New Orleans, La.) 1905-1953, 1918-01-17
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.
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
and forty-second, before me, William ].
Forniento, = 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:
p Muller, both of the age of majority and
acting herein in their respective capacities
as President and Secretary of the Carondelet
Investment Company, corporation duly in
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
9th: 1914, passed before VIM, J. ,Formen.o,
La. duly recorded in the mortgage office,
Book No. llle, folio No. 747. and domiciled
in the City of New Orleans; the said Pres
ident and Secretary appearing herein under
and by virtue of resolution adopted by the
meeting held on the twenty. fourth of De-
cember, 1917, a duly certified copy of the
extracts of the minutes of the said meeting
being hereto annexed and made part hereof;
Who declared, That in order to carry into
effect the resolution adopted by the stock
holders at a 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 aforeme ntioned amended act of incor-
poraton 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
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 so
as to read as follows:
Article One-"The name of this corpora
zion 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
the date hereof, unless sooner dissolved"
Article Five of the said original act of
Incorporation of the Carondelet Investment
Company is hereby amended so as to read
Article Five-"The capital stock of this
corporation is hereby fixed at the sum of
Thirty thousand dollars (S30.000OO), which
shall be divided into Ten Thousand dollars
100000 of common and into Twenty thou
sand dollars (s1O,0nOO of preferred. OF the
common there shall be two hundred shares
600 of the ar value of fifty dollars (sS00O
each; and of the preferred there shall be
of fifty dollars $4,000 each. The said pre-
ferred stock shall be entitled to receive divi-
dends at the rate of ten Q0To) per cent per
annum payable semi-annually, on the first
Monday of January and on the first Monday
of July of each years, out of the earnings
of said corporation, before any dividend shall
be aid uon the said common stock and
such dividends shall be cumulative so that
any deficiency in the dividends to be paid
on said preferred stock in any years shall be
made good out of the earnings of subse-
quent years before any dividend shall be
paid upon the said common stock. And in
case the earnings Of the corporation shall
permit dividend in excess of said ten
0096) per cent, so to be paid semi-annually,
the said excess earnings, wholly OF in part
as the directors may deem advisable, shall
be paid to the common stockholders And
on the final liquidation and distribution of
its assets. arrears of dividends shall be paid
to the holders of such preferred stock. and
the shares of preferred stock shall be paid
in full before any payment shall be made
to the holders of the common stock; but
when such arrears of dividends and the face
value of such preferred stock shall have
been paid, the holders thereof shall receive
no other or additional payment"
Thus done and passed. in my notarial Of
fees, at the City of New Orleans. La. on
the day, month and year herein first above
written. in the presence Of Messieurs Fer
nand F. Teissier and Frank J, Stitch, compe-
tent witnesses, who hereunto sign their
tary, after due reading of the whole.