The herald., 1919-08-07
CHARTER.

thousand dollars, to be used for additions
alterations and improvements in the plant;
to acquire necessary real property and "a
pay for extraordinary and unforeseen repairs.
This fund shall be invested and protected
for ready use, as required. Whenever 1t
may be depleted 1t shall be restored in the
manner here provided. When said fund
reaches Ten Thousand Dollars, and 50 long
ii remains at said figure, the profits may
be applied to the purposes hereinafter set
forth:
list. After providing for the reserve
aforesaid, a cash dividend shall be paid On
the capital stock. not in excess of eight per
cent per annum.
2nd. sum shall be set aside TO pay off
and reduce the account now carried as pro
rata profits the books OF the corporation.
to be distributed pro rata to the persons there
named. This sum shall be in the discretion
Of the Board, but not IN excess Of ten per
cent of the said account as it stands March
81 1919. and reduced from time 10 time
hereafter.
"3rd. The remainder of the profits shall
be distributed to the stockholders doing bust
ness with the corporation, on 4 percentage
or pro rata basis on the business actually
done by them with the corporation. in the
period for which said dividend IS declared.
Save as hereinabove provided, no monies
shall be paid on said pro rata profits &C
count, or 10 stockholders doing business with
the corporation as a share or portion of the
profits thereof. and the liability OF this cor
poration under paragraphs two and three
hereof, is limited TO current profits dppor-
toned, and distributed as therein provided"
the said appearers further declare that
save as hereinabove altered, amended, re
pealed and enacted, the said original char
ter shall remain in full force and effect.
And they do by this Act substitute and
replace the original and amended charter by
the amendments hereinabove reclted in the
respects in which the said new amendments
| affect the original charter amended, all
OF which is in fulfilment OF the authority
and power conferred upon said appearcrs by
the stockholders at their meeting aforesaid.
Appearers further declare that they do
hereby authorize and require the said changes
and amendments to be duly recorded ant
published according to law to the end that
the same may be operative and binding on
all PERSONS who are now or may hereafter
become stockholders in the said corpora
ticn, or otherwise become interested therein.
Thus done and passed at my notarial Of
fi.e on the day and date hereinabove first
WI ten. in the presence OF J. Sidney Lam
Der. and Louis J. Gelpi, competent witnesses
who have signed the same with me, Notary,
after due reading of the whole.
Witnesses: J. Sidney Lambert, Louis J.
Geipi.
Original Signed f. II. Wischan, J.
HENRY P. DART, Jr,
Notary Public.
hereby certify that the above and fore
going is a true and correct copy of the ori.
giral on file in my office
HENRY p. DART, Jr.,
Notary Public.
l. the undersigned, Recorder of Mortgages,
in and for the Parish of Orleans, State OF
Louisiana, do hereby certify that the above
and foregoing Act of Incorporation of the
Amendment of the New Orleans Butchers
Co Operative Abbatoir, Inc, was this day
duly recorded in my office, in Book 1928,
Folio 7l3.
New Orleans, July 18th. 1919.
(Signed) EMILE ]. LEONARD, by. r.
July 24-3l; Aug 7-l+2l-2S.