The herald. [volume] (New Orleans, La.) 1905-1953, 1919-04-03
CHARTER
AMENDMENT TO CHARTER OF MENGE
MARINE HARDWARE & SUPPLY
INC

~ the Month OF March, in the year Of our
ord one thousand nine hundred and nine,
teen and Of the Independence OF GnIfd
States OF America, the one hundred ana Io''y
tbird. Before me- Henry p. Dart, Jr.,
Notary Public, duly commissioned ana
Qualified in and for this City and the par
ish of Orleans, therein residing ana IA tLe
presence of the witnesses hereinafter ana u'i
der signed; Personally came ana apPeaitu.
the persons whose names are heTelhdlleT
subscribed, who declared that they are an
az age and residents Of the City OF New VI
leans and stockholders OF The Mense' Ma
rire Hardware and Supply company, ms
,,d AZ such stockholders own and possess
I.,.e.7 Them the entire capital stock OF
the aid corporation issued and outstanding.
W. Six Hundred shares Of the par value Of
one Hundred $4,000 Dollars each, amount amount,
ing to total Of Sixty Thousand lSGgoVC,'l
USiiars That meeting OF the tockhoLders
of the said corporation was duiy hSld d
the office OF the same on the iittA Gay oA
Mach. 1919 That at the said meeting the
said Stockholders unanimously Noteu ~
amend the charter thereof. so as to i isI
.bs cepifal stock from Sixty thousand
$4,000 Dollars to One Hundred lhou-
ssnd (slOO.OO0OO Dollars, and that the per
sons whose names are hereinafter SUI
scribed here come before me, Notary W.
liz IN preserve and embody IN due IeSdl
shane the said action OF the stocKhoIuF'S a.
will appear from a certified copy OF lilS
resolutions adopted at the said meeting an
nexed TO and made part OF TINS act; ma
the said corporation was oTgahlzeu uNuC.
The laws of the State Of louisiana by &c; aCl
before George Tanvier, a Notary fuDllC'
duIv commissioned and qualified IN ana 1or
the Civ of New Orleans, Parish OF orleans
on December 10. 1914. recorded N the MOI
gage Office in the Parish OF orleans DOCS
Il u Folio No 90. That the charter OF
.a;d cornoration was amended by act before
Henry P. Dart IT,, Notary Public: duly com
rniesioned and qualified in the City OF New
Orleans. Parish Of Orleans, July a. DIo'
recorded in the Mortgage Ottlce IN me f az
ish of Orleans Book No ~, ~ LGI' aS N% .D
accordingly declared that they have appear
ed before me- Notary Public. under the
authorization aforesaid for the purpose OF en-
bodving in proper and authentic shape ~, me
.c,ion NJ the stockholders Of the Menge Ma
- Hardware and Supply Company, Inc,
and the said appearers say and declare tnat
ar the said meeting Of the stockholders AT
ticIe Four Of the charter Of the corpora,
ton was changed. altered, amended ana
modfied, so as 10 read as follows 49,.
ARTICLE IV.-The capital stock OF ms
,ornoration is hereby fixed al the sum OF
One Hundred Thousand ($lOOOOW) dollars,
divided into and representing One lnousai,J
shares of the par value OF One liuHul Gu
GSfnO OM Dallars each. The capital stock, may,
after n meeting duly assembled, be increased
TO the sum of One Hundred and tlfty lhout
sand Dollars All transfers OF shares OF
the capital stock Of the company Shati pc
made and entered on the stock book OF the
corporation and no transfer shal De IN i %mS
manner binding this corporation unless
so entered The capital stock OF TINS COT
noration is issued and held under the II
revocable agreement, contract and Gohu h.i
that the holders of the majority OF the STOCK
NOW or hereafter issued and OUTSTANDING
NAV at all times during the life OF TINS
charter acquire and purchase the snare OF
shares held by the minority stockholders or
by any individual holder thereof, at the price
OF One Hundred $4,000 Dollars per snare
to which shall be added the pro rata share
of the said stock in the surplus account and
undivided profit account of the corporaton'
as shown by the last audit which shall ne
the book value of the stock and the S9le
and only evidence to be considered. Inc
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 of the credit OF said account or ac-
counts. The sum thus ascertatned plus the
sum of One Hundred $4,000 Dollars atore-
said, 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 exercise OF this priyl-
lege. The stock shall be taken and the
books of the corporation shall be audited as
of January lst, of each year and as soon
as possible after the expiration OF said date.
} No sale or transfer of the stock shall be
recognized by the corporation unless and
until, it shall have been first offered in
writing 10 the corporation at the price atore-
said in the preceding paragraph, for the use
and benefit of the other stockholders who
are hereby granted the absolute first right
and privilege to purchase the same at the
price stated, and to accept such shall be in
writing and pay therefor within thirty days
after which offer shall have been made.
The right and the rights conferred in the
article of the charter shall follow the stock
into whatever hands it may go.
Failure of the holder or possessor of GER
tificate of stock to produce or deliver the
same shall authorize the corporation to receive
in trust the price thereof to cancel such out
standing certificates on the books of
the corporation, and issue new certi-
ficates therefor. The stock SO purchased
shall be divided among the remaining stock
holders as may be desired by them and in
default of agreement in proportion to their
several holdings, and upon payment of the
price thereof.
This corporation shall be the agent OF
the stockholders specially empowered through
its Board Of Directors, to enforce and carry
out all OF the foregoing provisions regard
ing stock in this corporation. The sub
stance of these provisions of the charter
shall be stated briefly and succinctly or
the face of each certificate of stock and
shall be conclusive notice to all person:
Thus done and passed, in my NotariaI vi
flee on the day aforesaid, IN the presence
of Leo L. Duborg, and Louis J. Gelpi, com
petent witnesses of lawful age, residing II
this City and they have hereunto signed theil
names with the said appearers, who have Sc
out their addresses and the number o
shares held by them; and me, Notary, aftel
due reading of the whole.
Witnesses: Leo. L. Duborg, Louis ]
Gelpi
iC)ririnaI Sipned) NJ r. Griffin /
l0S shares. S0ll Pamela; L. E. Menge, 10
shares, 1891 Exposition Blvd; II. X. Mac
Leod, % shares, S04 Elm Street; Elizabeti
F. Griffin, shares, 1923 Carrollton Ave-. A
c. Baila, 100 shares, 1850 Canal Street; J
ii. Menge, l76 shares, 1891 Exposition Blvd.
n. o. Clark, IS shares, Biloxi, Miss, Per ]
III. Menge proxy attached; L. Z. Blan
chard, shares, SOIL Pamela.
(Signed) HENRY P. DART, JR.,
Notary Public
I. the undersigned Recorder of Mortgage
in and for the Parish of Orleans, State o
Louisiana, do hereby certify that the abov
ter of Menge Marine Hardware and Suppl,
Company. Inc, was this day duly recorde,
in my office in Book 1928. Folio -.
New Orleans, La, March -, 1919
(SignedD EMILE J. LEONARD. by. R
] hereby certify that the above and fore
going is true and correct copy of the orr
ginal act on file at my office
(SigneO HENRY p. DART. JR.,
Notary Public.
CHARTER OF SCHULTZ STAMP a
STENCIL CO., INC.
fAI - c..