The herald. [volume] (New Orleans, La.) 1905-1953, 1919-04-10
CHARTER
AMENDMENT TO CHARTER OF AENGE
MARINE HARDWARE & SUPPLY

of the Month of March, in the year of our
Lord one thousand nine hundred and nine,
teen and Of the Independence Of Sn aIr.u
States OF America, the one hundred ana lofty
third. Before me, Henry p. Dart Jr,
Notary Public, duly commissioned ana
qualified in and for this City and the par.
ish of Orleans, therein resldlhg' anu - 80 80
presence of the witnesses hereinafter and IN
dersigned; Personally came and aPpesffeu,
the persons whose names are hereinaiaII,
subscribed, who declared that they are an
of age and residents OF me Ehy "a Ma.
leans and stockholders Of the Menge' Ma
rine Hardware and Supply company, inC,,
and as such stockholders own and posses
between them the entire capital STOCK oi
the said corporation issneu anu er H. 81
viz. Six Hundred shares OF the par value OF
One Hundred $4,000 Dollars eaeh, an no nol
inc 10 a total of Sixty Thousand (So1,oo,HN
Dollars That a meeting OF the stockhoiueIs
of the said corporation was guy ~ Of
the office of the same on the tifth Gay "
Mach 1919 That at the said meeting inc
aid stockholders unanimously Voieo
amend the charter thereof, so as TO increass
the capital stock from Sky - TSon.
sand (SlOO0OOOO) Dollars, and that tne PEI
sons whose names are herelnatter 5t
scr;bed here, come before me, Notary i,
lie to preserve and emoody IN uI5 o.
SHINE The said action of the stockholders a.
Iii annear from a certified copy OF tne
r.soIutinns adopted at the said meeting an
nexed TO and made part OF this act; me.
the said corporation was oisat s., act
the laws of the State of louisiana sy ac'
before George Janvier, Notary fuot vs.
S',iy commissioned and qualified in ana ioI
The CITY of New Orleans, Parish OF or ,saL.
on December TO- 1914 [sGoFd df orleans ri I'M. Book
KS ~ Folio No SIC. That the charter Oh
.o;d CORPORATION was amended by act OeioIe
Tsn,y p. Dart Jr, Notary Pubiic duly som som
missioned and qualified in the Jity ai I9Is,
Orleans, Parish of Orleans. July -, P PIC,
;sh Of Orleans, Book No q, Foiio 40. az,
81 Iulv 8. 1918. And the SAID appeaIe,
accordingly declared that they nave sppe ~.
Cd before me. Notary Public, under inc
eu,boTization aforesaid for the purpose OF EN-.
huI,;rg in proper and authentic shape inc
uo.;S- 81 the stockholders of the Menge Ma
Tine Hardware and Supply company, ,hot
and the said apPearerse say .E. s sockhoder, Ar
al. -Four of the charter OF the corpora,
tion was changed. altered, amenaeu anu
modified, so as TO read as follows .h;,
IRTICIE IV-The capital stock OF thls
nnor,,inn !, hereby fixed at the sum OF
One Hundred Thousand CloOOol DO, Doaia and
divided into and representing One Inousandd
sinrrs of the par value OF One l,uius a,
$4,000 Dallars each. The eapi,ai 500 ;,c,-e,scd
sfter a meeting duly assembled De iner gS.se'
% ~. sum of One Hundred and fifty ihout
sopd Dollars. All transfers OF shdI1S ~
The CAPITAL stock of the company snas ~
mad. and entered on the stock oooN Vi ,
mapnrr binding on this corporation unless
"m .n,ered The capital stock OF TINS cor
ooration is issued and held under u me-
Teyocable agreement, contract ana 60. sonu s,ocL
that the holders of the majority OF the s sr
nny or hereafter issued and outstanoins'
nav At all times during the lite OF TINS
nb,yter acquire and purchase the snare OF
shares held by the minority stockho,ueis ..
T., anv Individual holder thereof, at the price
% One Hundred $4,000 Dollars per share,
~ which shall be added the pro rata shais
Of the said stock in the surplus accouh. anu
undivided profit account OF the corpois,, y
as shown by the last audit wnieh IN. snsi .oi.
and or,y evidence TO be considered. lhe
surplus and undivided profits may DC kept
in one or separate accounts.
The pro rata of each share oil STOCK snaI
he estimated by dividing the total NUMBER
of shares issued and outstanding, into the
balance of the credit OF said account on &c
counts. The sum thus ascertained Plus .ne
sum of One Hundred $4,000 Dollars atore
said, shall be the total value ano ph ,sSGi he h.
payable to cash within thirty days a1ef
written notices of the exercise OF TINS pryi.
l.ge The stock shall be taken and the
hooks of the corporation shall be audited as
of January LIST, of each year and as soon
as possible after the expiration OF SAID date.
No sale or transfer OF the stock snail DC
recognized by the corporation unless and
until 1T shall have been first offered IN
writing 10 the corporation at the price afore-
said in the preceding paragraph, tor the use
and benefit Of the other stockholders w1o
are hereby granted the absolute flrst 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 abe
article of the charter shall follow the stock
into whatever hands it may go.
Failure of the holder or posses.or 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 OF
the face OF each certificate of stock ant
shall be conclusive notice to all persons
dealing therein.
Thus done and passed, in my Notarial OF
flee on the day aforesaid, in the presence
of Leo L. Duborg, and Louis ]. Gelpi, com
petent witnesses of lawful age, residing II
this City and they have hereunto signed thei
names with the said appearers, who have sc
out their addresses and the number o
shares held by them; and me, Notary, afte
due reading Of the whole.
Witnesses: Leo. L. Duborg, Louis
Gelpi.
Original Signed M. B. Griffin. J
shares, 1928 Carrollton Ave; c. II. Blanchard
los shares, BOIL Pamela; L. E. Menge, 10
shares, 1871 Exposition Blvd; II. r. Mac
Leod, q shares, S04 Elm Street; Elzabet
F. Griffin, shares, l423 Carrollton Ave;
{. Baila 100 shares, 1859 Canal Street;
ii. Menge, 10 shares, 1891 Exposition Blvd
N. o. Clark, IS shares, Biloxi, Miss, Per
III. Menge proxy attached; l. E. Blar
ehard, 8 shares, SOIL Pamela.
tSigned) HENRY P: DART, yR..
Notary Public.
I, the undersigned Recorder of Mortgage
in and for the Parish of Orleans, State Q
Louisiana, do hereby certify that the abov
and foregoing act of Amendment TO the cha,
ter of Menge Marine Hardware and Suppl
Company, Inc, was this day duly recorde
in my office in Book l22s Folio -.
New Orleans, La, March -, 1919.
(Signed) EMILE J. LEONARD, by. h
i hereby certify that the above and fore
going is true and correct copy of the or
ginal act on file at my office.
tSigned) HENRY p. DART, JR.,
Notary Public.
HARTER OF scHULzR STAMP q
STENCIL CO., INC.