The herald. [volume] (New Orleans, La.) 1905-1953, 1918-09-05
AMENDMENT TO CHARTER OF JOHN NJ
PARKER COMPANY.

AMENDMENT TO CHARTER OF JOHN NJ
S,.., -, PARKER COMPANY.
state oil Louisiana, Parish Of Orleans, CITY OF
. New Orleans.
BE 1t known that on this, the goth dav n,
the month Of July. in the wear of our Lord ons
thousand, nine hundred and eighteen and Of the
,hdependence OF the United States Of America
me one hundred and forty-third. before me,
oharles r. Fletchinger. a Notary Public. dniy
commissioned and qualified in and for the City.
AIS. s ana state aforesaid, therein residing and
IN the presence OF witnesses hereinafter named
and undersigned, personally came and apneared
John NJ. Parker and John F. Finke- II both
residents OF the City Of New Orleans, herein
appearing in their respective capacities as tba
Chairman and Secretary OF meeting q; tbo
stockholders OF John NJ. Parker Comnanv a
corporation organized under the laws Of the
state OF Louisiana, having its domicile in the
city OF New Orleans, incorporated by act before
me undersigned Notary Public. OF date July Al
l9Os' recorded Mortgage Book ESQ., folio 4o2
as amended by another act passed before the
IInn I Notary Public, Of date February 8,
1911, recorded Mortgage Book 1906 folio 14o
Sad appearers severally declared that, under and
pursuant to a resolution passed by the Roard ~
directors OF said corporation. OF date June IA.
%, authorizing and directing the converting
VI meeting of stockholders, a meeting of the
slocSIhoiders OF John NJ Parker Company was
rtguIary held and convened at the office Of The
otV",pa1y N the City Of New Orleans, under date
Dros Se ~; I'iS, at which meeting there were
49,. H. eltheT IN person or by proxy each and
eNery shareholder Of said corporation. Said an
pearers further declared that at said meeting
20 neld and convened. on motion being dnlv
mace and seconded, Article Nv of the original
eharter OF said corporation as amended was h.,
the unanimous vote OF all the stockboIders nrssen,
or represented at said meeting. ordered changed
ahered and amended so that said Article ~ ~;
the charter should hereafter read as follows. VI
ARTICLE lV-The Capital Stock OF mi. cor
poratlon is heerby fixed at Five HnndreJ tn,
sand Dollars (s500, 0O0), divided into Five I%ou
sand (5OO0) Shares Of the par value 81 0ns
Hundred (slO0) Dollars each or ucb total
authorized capital stock Two Hundred and E;stv
thousand (s250, 000) Dollars shall be nreferrsJ
and Two Hundred and Fifty thousand (ss5o. oooS
dollars shall be common stock The bolders q,
the preferred stock shall be entitled 10 receive
when and as declared, from the s1rplns or NJ
pronts OF the corporation, yearly dividends a.
the rate OF six (6) per cent, payable at sncb
time as the Board Of Directors NAV determine
All dividends on the preferred stock shall D.
and shall be paid before any d;v;.
oends are paid, or set apart on the common
STOCK, 50 that IL in any year dividends AMOUNT
ing to l6) per cent shall not have been paid on
the preferred stock the deficiency shall be sum-
Piled before any dividends shall thereafter he
set apart for the common stock When all
mounts due for preferential, cumulative divi
lends for previous years. and for preferential
iividends for the current year, shall have been
declared, set aside and paid, the Board Of ri.
ectors shall, subject to the conditions herein
liter recited, then declare such dividends q they