The herald. [volume] (New Orleans, La.) 1905-1953, 1919-11-06
AMENDMENT TO CHARTER OF THE
MENGE MARINE HARDWARE AND
SUPPLY COMPANY, INC.

United States of America, State of Louis.
| lana, Parish of Orleans, City of New Orleans
Be it known, that on this twenty-ninth day OF
the month of April, in the year of our LORD
one thousand, nine hundred and nineteen, anC
of the Independence of the United States OF
America the one hundred and forty-third, be-
fore me, Henry p. Dart, Jr., a Notary Public
duly commissioned and qualified, in and for
this city and the Parish of Orleans, therein
residing, and in the presence of the witnesses
hereinafter named and undersigned, personally
came and appeared the persons whose names
are hereinafter subscribed, who declared that
they are all of age and residents of the City OF
New Orleans, and are stockholders of the
Menge Marine Hardware and Supply Com
pany, Inc, and as such stockholders own and
possess between them more than three-fourths
of the stock of the said corporation issued and
outstanding that said corporation was organ
lied under the laws of the State of Louisiana
by act before George Janvier. a Notary Public.
duly commissioned and qualified, in and for
the City of New Orleans, Parish of Orleans,
on December 10, 1914 recorded in the Mort
gage Office in Book 81. folio 676, and amended
by act before Henry p. Dart, Jr., Notary Pub
lic on July "a, 1sls recorded in the Mortgage
Office in Book %. folio 27e, and by act before
Henry P. Dart, Jr, Notary Public, on March
5. 1919. recorded in the Mortgage Office il
Book 1928. folio LAG: that meeting of the
stockholders of said corporation was duly held
at the office of the same on the twenty-eighth
day of April 1912 that at said meeting the
said stockholders unanimously voted to amend
the charter thereof, and that the persons
whose names are hereinafter subscribed came
before me, Notary Public, to preserve and
embody in due legal form the said action of
the stockholders, as will appear from certi-
fed copy of the resolutions adopted at the sal
meeting annexed to and made part of this act
And the said appearers accordingly declared
that they haYe appeared before me. Notary
Public under the authorization aforesaid for
the purpose of embodying in proper and au-
thentic form the action of the stockholders
and the said appearers declare that at the
said meeting of the stockholders Article Nv
the charter of the corporation was altered
changed amended and modified so as to repeal
or eliminate the following portions of Article
" as contained in act amending the charter
of the Menge Marine Hardware and Sur
CO., passed before Henry P. Dart, Jr., Notary
Public on March s. 1919, and recorded in
Mortgage Office, Book 1928, folio LAG, as fol-
lows, to-wit:
THE capital stock of this corporation is
issued and held under the irrevocable agree
ment, contract and condition that the holders
of the majority of the stock, now or hereafter
issued and outstanding, may at all times dur
ing the life of this charter acquire and pur-
chase the share or shares held by the minority
stockholders, or by any individual holder there
Of at the price of one hundred (slOO.OO) dol
lars per share. to which shall be added the pro
rata share of the said stock in the surplus
account and undivided profit account of the
corporation as shown by the last audit, whice
shall be the book value of the stock and the
sole and only evidence to be considered. The
surplus and undivided profits may be kept in
one or separate accounts
'"The pro rata of each share of stock shall
be estimated by dividing the total number OF
shares issued and outstanding into the balance
to the credit of said account or accounts. The
sum thus ascertained. plus the sum of one
hundred (sl00.00) dollars aforesaid, shall be
the total value and price of said stock. All Of
which amounts shall be payable to cash within
thirty days after written notices of the exer-
else of this privilege. The stock shall be taken
and the books of the corporation shall be
audited as of January Of each year. and as