The herald., 1919-11-27
TO THE CHa -,
The
COMPANY, IN
CORPORATED.

United States Of America, State of Lou;s
,aha' Parish OF Orleans, City of New Or.
leans. Be 1t known on this. the 18th dax
or OIL the month of October, in the veal
one Thousand nine hundred and nineteen
before me, Peter Stiff, a Notary Public
Tor the Parish of Orleans, city of New
orleans, personally appeared q. o. Mil.
wee ana Henry L.. Phillips, acting respec-
of as tne president and the secretary
OF the Merchants Wholesale Grocery Co.
INC, ana the said appearers acting as
aforesaid declared that at a meeting M
tne stockholders in the said Corporation
aIter due notice sent to each stakeholder
at his last post office address, on the
10th day. of September, 1919, in accor.
dance with the requirements of article
NO. Z OF the Act of incorporation before
Peter Stiff, Notary Public, on the 27th
Jay OF august, 1919, and duly recorded
Folo No. Ss1, the following resolutions
were unanimously adopted:
RESOLVED, That this Company avail
Itself Of the right reserved by it in article
Peter Pef s Gf IT'S N Charter as passed before
9TH, 1913, and recorded in the mortgage
office in Book 1921, Folio No. PSI. does
hereby increase its capital stock Of the
said corporation to sos, 10000. Said in
crease 70 be s1oO.Oo0.0C at par value, or
5000 per share or 1000 shares Of which
$4,000 or 200 shares shall be common
stock aud S901vO, Or 1900 shares she II
De preferred stock The par value of
e ead share to be 5000 each, fully paid
shall be entitled to receive when and as
declared from the surplus or profits of
the corporation. yearly dividend at the
rate OF s%. per year, payable annually,
on dates to be fixed by the bylaws. The
dividend on preferred stock to the ex-
tent OF $50 per annum, and no more shall
be cumulative and shall be payable be-
fore any dividend on common stock shall
De paid or set apart, so that If in any
shall not have been paid on the pre-.
ferred stock the deficiency shall be pay,
able before any dividends shall b. paid
upon or set apart for the common stock.
Whenever the cumulative dividends on
preferred stock for all previous years
shall have been declared and shall have
become payable and shall have been set
aside by the Company from its surplus
or net profits, and same sufficient for
the payment thereof. the board Of direc-
tors may declare dividends on the COM
mon stock, payable then or thereafter out
OF the remaining surplus or net profits.
The preferred stock shall have no vot-
ing power. In case Of dissolution Of Ii
quotation or the winding up of the cor
poration. the preferred stock shall be paid
IN full at par, and all unpaid cumulative
accrued thereon before any
amount shall be paid to the holders Of
the common stock. After the payment
VI Inc hoiucTS VI the pTeIerreQ STOCK OF
Its par value and Of any unpaid cumula-
tive dividends thereon. The remaining
assets and funds shall be divided and
paid to the holders Of the common stock
according to their respective shares.
RESOLVED, That the president and
secretary Of this corporation be author
lied to sign an authentic act carrying
into effect the foregoing resolution.
Thus done and passed In my office on
the day n month and year first above
In the presence of Benjamin T.
Waldo and q. M. Richard, competent wit
nesses who have signed with the appear
ers and me, the notary public, after
the whole.
Witnesses: Benjamin T. Waldo, e. NJ.
Richard.
Original signed) G.. @. Milwee, Pres.
Of Merchants Wholesale Grocery Co,
Lnc.; II. l.. Phillips, Sec'y. Merchants
Wholesale Grocery Co., Inc.
PETER STIFFT,
Notary Public.
I, the undersigned, Recorder Of Mort
gages, in and for the Parish of Orleans.
State of Louisiana, do hereby certify
hat the above and foregoing Act Of
Amendment to the Incorporation of the
Merchants Wholesale Grocery Co., Inc,
was this day duly recorded In my office,
Book 1921, Folio -
New Orleans, October Is, 1918.
(Signed) EMILE j. LEONARD, Dy. r.
PETER Stiff,
Notary Public.