The herald., 1919-07-31
CHARTER.

thousand dollars to be used for additions.
alterations and improvements in the plant;
TO acquire necessary real property and to
pay for extraordinary and unforeseen repairs.
This fund shall be invested and protected
for ready use, as required. Whenever 1t
may be depleted it shall be restored in the
manner here provided. When said fund
reaches Ten Thousand Dollars, and SO long
it remains at said figure, the profits may
be applied to the purposes hereinafter Sc;
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.
End. A 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 shall be in the discretion
of the Board, but not in excess of ten per
cent of the said account as il stands March
81, 1919, and as reduced from time to time
hereafter
"3rd. The remainder of the profits shall
be distributed TO the stockholders doing bust
ness with the corporation, on a percentage
or pro rata basis on the business actually
done by them with the corpora ton. in the
period for which said dividend is declared.
Save as hereinabove provided, no monies
shall be paid on said pro rata profits ac-
count, or to stockholders doing business with
the corporation as share or portion of the
poration under paragraphs two and three
hereof, is limited to current profits aPpor
toned, and distributed as therein provided.
the said appearers further declare that
save as hereinabove altered, amended, re
pealed and re-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 recited i'll the
respects in which the said new amendments
H. 90, al ed nj
| OF which is in fufilment of the authority
| and power conferred upon said appearers 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 anC
publ shed according to law to the end that
| Tie same may be operative and binding on
all PERSONS who are now or may hereafter
| become stockholders in the said corpora
| ton or otherwise become interested therein.
| Thus done and passed at my notarial Of
| fi,e on the day and date hereinabove first
VIZ 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: ]. Sidney Lambert, Louis J
Gelpt. M.
Dan Dies, Matthew Weber
HENRY P. DART, Jr.,
Notary Public.
| / hereby certify that the ABOVE ana lure
going is true and correct copy OF the ori
| giral on file in my office.
HENRY P. DART. Jr.,
| Notary Public.
I, the undersigned. Recorder of Mortgages
in and for the Parish of Orleans, State o
Louisiana, do hereby certify that the allow
and foregoing Act of Incorporation of tn
Amendment of the New Orleans Butcher
Cooperative Abbatoir, Inc, was this da;
duly recorded in my office, in Book l22s
Folio 7l3.
New Orleans, July 18th, 1919.
(SignedD EMILE J. LEONARD, by. X.
July 24-3l; Aug. 7-l42l-28.