The herald., 1918-05-23

| United States of America. State of Lou
lSiana, Parish of Orleans, City of New
Orleans.
he it known, that on this ninth day of
April, in the year one thousand. nine hun
dred and eighteen before me, Charles Ro-
sen, Notary Public, duly commissioned
and qualified, in and for the above Par
ISL therein residing, and in the presence
of the witnesses hereinafter named and
Undersigned, personally came and APP
peared:
Mr.. William Il. BurkenrOad, Chairman
and Mr.. Moses III. Badt, Secretary of
meeting OF the stockholders of j. Aron &
Company, Inc, n corporation organized
and existing under the laws of this state.
Incorporated by act before Percy s. Ben
edict. Notary Public, for this Parish, on
January LIST, 1915. recorded in Mortgage
Office of this Parish in Book 1927. Folio
10 which said meeting of stockholders
was held at the Office of said COMPANY
IN this city, on the Ith day of January,
l9lS. at the hour of 10 o'clock a. m
which said appcarers declared that at
said meeting the entire capital stock of
said corporation was present or repre-
scented, and that by unanimous vote of all
or said stockholders Article Four of the
Charter of said corporation was amended
so as To read as fellows:
Article lN.--"The total authorized capt.
tai stock of this corporation is hereby de-
Glared to be the sum of Six Hundred
Thousand Dollars divided into Six thou
sand shares of the par value of One Hun
dred Dollars each.
om oT said stock three thousand shares
Dollars shall be Common stock, already
Issued. and Three Thousand shares
amounting to Three Hundred Thousand
Dollars shall be Preferred stock repre-
Sentlng said increase.
The holders of the Preferred stock shall
be entitled to receive. as and when de-
clared, from the surplus or net profits of
the corporation, a dividend of eight per
ri c.;
dividends shall be cumulative and shall
be paid in full before any dividends are
paid on the Common stock. On dissolu-
ton or liquidation of the corporation the
holders of outstanding preferred stock
shall be entitled to be paid the full par
value of said stock with all unpaid divi-
dehiS accrued thereon, before any pay
ment Is made on the Common stock and
any property remaining shall be distrib-
nted ratably among the holders of the
Common stock.
preferred stock from time to time for NOT
less than par, and the Board may call in
ana redeem at par all or any portion of
such preferred stock at any time on giving
10 the registered holder thereof, thirty
Gays written notice mailed or delivered to
MS address, after which thirty DAYS no
further dividends shall be due on said |
stock; the redemption in all cases TO no
maze propOrtionately among the preferred |
stock holders according to their respec- |
i've holdings of record at the date of such |
redemption. The Board may at any time |
reissue for not less than par said stock
so redeemed and called in, and when so |
reisSued said stock shall have all the |
rights and be subject to the same pro-
visions as when originally issued. Said
preferred stock shall have no voting pow
er. NO transfer of stock shall be bind
ing upon TINS corporation unless same ap-
pears on the books thereof
? No stakeholder shall have the right TO
assign or transfer any share or shares
held by him unless he shall have first of
Tered same in writing through the Board
OIL directors, to the corporation. which
snail have the right to purchase same
within ten days thereafter at the book
ut the time of purchase: and in
case OF disagreement as to said valuation,
the matter shall be arbitrated one arbi- |
traitor with the powers of amicable com
FOUNDERS to be appointed by each side.
and an umpire to be selected by those |
Two, VINO shall take oath and whose de-
.lSlon as 10 said valuation shall be final |
And all the shares of stock when so pur-
par value.
The Common stock may be increased 10
Six Hundred Thousand Dollars and the
Preferred to Four Hundred Thousand
Dollars"
Al as more. fully set forth in a certi-
meeting hereto annexed.
Appearers declare that in accordance
with the resolution adopted at said meet
ng they hereby appear before me to make
Notarial Act of said amendment, and do
hereby declare that said Charter has been
amended as above set forth
Thus done and passed in my NotariaI
.ffice in this City. in the presence of Alvin
". BOhning. and Theo. A. Miller, com
,etent WITNESSES of lawful age and re-
iding in this City who have signed the
anne with the said appearers and me,
Notary, after due reading of the whole
Original signed)
VIM. II. Burkenroad, Chairman; VI. HI
5adt, Secretary
Witnesses: A. W. Bohning, T. A. Miller.
SeaD
CHARLES ROSEN, Not. Pub.