The herald. [volume] (New Orleans, La.) 1905-1953, 1919-11-13
AMENDMENT TO THE CHARTER OF
THE MERCHANTS WHOLESALE
GROCERY COMPANY, IN
CORPORATED.

United States of America, State of Louis
lana, Parish of Orleans, City of New Or
leans. Be it known on this, the 18th day
of the month of October, in the year
one thousand nine hundred and nineteen,
before me, Peter Stiff, a Notary Public
for the Parish of Orleans city of New
Orleans, personally appeared G. Q. Mil
wee and Henry l.. Phillips, acting respec-
lively as the president and the secretary
of the Merchants Wholesale Grocery Co.,
Inc, and the said appearers acting as
aforesaid declared that at a meeting of
the stockholders in the said corporation
after 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. of the Act of Incorporation before
Peter Stiff, Notary Public, on the 9th
day of August, 1919, and duly recorded
in the mortgage office in Book No. 1881,
oliO No. 391, the following resolutions
were unanimously adopted:
RESOLVED, That this Company avail
itself of the right reserved by it in article
No. of its charter as passed before
Peter Stiff. Notary Public, on August
9th, 1919, and recorded in the mortgage
office in Book 1921, Folio No. PSI, does
hereby increase its capital stock of the
crease 20 he s100Uu0.oC at par value, or
$4,000 per share or 1000 shares Of which
$4,000 or 200 shares shall be common
stock and $40 80, or 1900 shares sh. II
|
each share to be $4,000 each, fully paid
and worcestershire. The preferred stock
| shall be entitled to receive when and as
declared from the surplus or profits OF
the corporation, yearly dividend at the
rate of SO per year, payable annually
on dates to be fixed by the bylaws. The
! dividend on preferred stock to the ex-
| tent of SO per annum, and no more shall
be cumulative and shall be payable be
fore any dividend on common stock shall
I hn no Sat
| year dividends amounting to S%
| shall not have been paid on the pre-
ferred stock the deficiency shall be pay.
able before any dividends shall be paid
upon set apart for the common stock
| Whenever the cumulative dividends or
preferred stock for all previous year:
/ shall have been declared and shall have
become payable and shall have been SCI
| aside by the Company from its surplus
or net profits, and same sufficient fol
| the payment thereof, the board of dfrec
1 tors may declare dividends on the com
mon stock, payable then or thereafter gu
of the remaining surplus or net profits
| The preferred stock shall have no vot
| ing power. In case of dissolution of IL
| quidation or the winding up of the cor
poration, the preferred stock shall be pait
| in full at par, and all unpaid cumulative
dividends accrued thereon before any
amount shall be paid to the holders o
the common stock. After the paymen
| of the holders of the preferred stock o.
its par value and of any unpaid cumula
tive dividends thereon. The remaining
assets and funds shall be divided ant
paid to the holders of the common stool
according to their respective shares.
RESOLVED, That the president ant
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 OF
the day and month and year first abov
written in the presence of Benjamin i
Waldo and e. NJ. Richard, competent wit
lnesses who have signed with the appear
ers and me, the notary public, afte
reading the whole.
Witnesses: Benjamin t. Waldo, Il.
Richard.
(Original Signed) G. Q. Milwee. Pres
of Merchants Wholesale Grocery Co
Inc; Fl. l.. Phillips, Sec'y. Merchant
Wholesale Grocery Co. Inc.
PETER Stiff,
Notary Public.
/, the undersigned, Recorder of Mort
cages in and for the Parish of Orleani
State of Louisiana, do hereby certif
that the above and foregoing Act q
Amendment to the Incorporation of tn
Merchants Wholesale Grocery Co., Inc
was this day duly recorded in my offi"'
in Book 1871, Folio. -.
New Orleans, October Is. 1919.
(Signed) EMILE J. LEONARD, by.
A true copy.
PETER Stiff,
Notary Public.
Oct 23-Nov. q.