The herald. [volume] (New Orleans, La.) 1905-1953, 1920-08-19
AMENDMENT TO CHARTER OF THE
CRESCENT PRINTING COMPANY,
INCORPORATED

State of Louisiana Parish of Orleans
City of New Orleans. BE it known, that
on this third day of the month of August
in the year of Our Lord, One thousand
nine hundred and twenty, before me, Allan
Raymond Beary, a Notary Public, duly
commissioned and qualified, in and for
the Parish of Orleans, State of Louisiana
therein residing, and in the presence of
the witnesses hereinafter named and I'M
dersigned, personally came and appeared
Mr.. Alfred Blanco, and Mr.. Fred l.. Ar
mold, both of the full age of majority
and residents of the City of New Orleans
the said Alfredo BlancO herein acting in
his capacity of President, and the said
Fred. l.. Arnold herein acting i'll his capa-
city of Secretary of the Crescent Print
ing Company, Incorporated, corporation
organized under the laws of the State of
Louisiana, dOmicied in the City of New
Orleans, instituted by an Act passed be-
fore the undersigned Notary on the first
day of the month of December, y. D.,
1916, and recorded in the Mortgage Office
for the Parish of Orleans, in Book 12Ol,
folio 531, by virtue of Il resolution adopted
at a general meeting of the stockholders
of said corporation, held at its office No.
6l1 Bienville street, this city, on the Sec
ond day OF August, l92O, certified eX-
tract of the minutes of said meeting being
hereto attached and made part hereof.
And the said appearers declared that at
said meeting Of the stockholders of said
corporation Article ~ of the charter was
amended by the addition of the follow
ing clause,
Emo stakeholder shall have the right to
dispose of his stock without having first
offered ii, in writing, at its then book
value, through the Board of Directors to
the other stockholders, who shall have
the first right to its purchase for ten
days from the date of said written offer
/ should no stakeholder purchase same the
| Board of Directors shall have the right
/ for the next succeeding five days to pur-
/ chase said stock at said price for the cor
/ poration, and said stock will then become
| treasury stock to be disposed of as may
/ be determined by the Board of Directors
| for cash, property actually received, or
/ labor actually performed for the corpora
/ ton, or for stock in other corporations.
or the same may be used to decrease the
! capital stock TO the amount allowed and
l In the manner provided by law"
And thep, the said appearers, were duly
| authorized and empowered TO cause salu
amendment to charter of the said Cres-
cent Printing Company, incorporated to
/ De embodied in a notarial act.
Now, therefore, in accordance with said
resolution, they the said appearers acting
in their aforesaid capacities, having APP
peared before me, Notary, for the pur-
pose or placing said amendment to the
charter OF the said Crescent Printing Com
pany, incorporated, in authentic form by
notarial act, do now declare that Article
Nv of said act of Incorporation be, and the
same Is hereby amended, so as to here
after be and read as follows, to-wit:
Article ". The capital stock of this
corporation is hereby liked at the sum of
Five Thousand $4,000 Dollars, to be di-
yided into and be represented by Two
Hundred i2OO) Shares of stock of the par
value of Twenty-Five $3.50 Dollars each.
and the amount to which the said capital
stock of this corporation may hereafter
be increased is hereby fixed at the sum of
Fifty Thousand ($50.O00) Dollars.
All shares of stock shall be issued as
full paid and non assessable, and no trans