The herald. [volume] (New Orleans, La.) 1905-1953, 1920-07-29
ACT OF AMENDMENT To CHARTER
OF CITY SALES AGENCY,
INCORPORATED.

United States of America, state of Lou
i>iana. Parish of Orleans. city of New Or
leans. BE il known. that on this twenty
ninth day of the month OF June, III the
year of our Lord. one thousand. nine hun
drcd and twenty: Before me. Charles
SChucidau, Il Notary Public. duly com
mi>>iOned and qualified in and for the
Parish Of Orleans. State OF Louisiana.
therein residing. aud in the presence of the
witnesses hereinafter named and under
signed. personally came came and APP
peared benjamin DreytuS. the President
and Alex +. DrryfuS. the Secretary of the
city Sales Agency. Incorporated. Il cOrpor-
alton organized under the laws of the State
of Louisiana. dOmiCiled in the City of New
Orleans. who declared that. pursuant to the
provisions of "A resolution duly adopted al
a meeting Of the stockholders of said cor
pOratiOn, held on the 10Th day of May,
1920 duly certified copy Of which. said
resolution is annexed hereto for reference,
and for the purpose Of carrying out the
purposes and intents of said meeting. they
do hereby declare that, acting pursuant to
the provisions of said resolution, Article
" of the charter of said corporation il
hereby declared TO be amended, in order
to read as follows. tO-wit:
ARTICLE IN.-The capital stock Of this
corporation is hereby fixed at the sum of
one hundred thousand dollars (SlO,OOOOO).
divided into and represented by two thou
sand (20OO) shares at par value of fifty
dollars $4,000 each. to be paid for in cash
or its equivalent in property. No certifi-
cate of stock shall be delivered or issued,
unless il is fully paid for. or for property
purchased or leased. No stakeholder shall
I ever be held liable or responsible for the
/ faults. contracts or debts of this corpora
| ton in any further sum than the unpaid
| balance due to the corporation on the
I shares of stock subscribed for by him; nor
! shall any mere infOrmality in the Organi-
| ZatiOn have the effect of rendering this
J charter null or Of exposing shareholder
| to any liability whatsoever, other than
l.,I,. ghan 10 h loci n.
/ assessments. The corporation shall begin
| to do business and be a going concern as
soon as fifty thousand dollars (SJO.OOO.OOl
| of the increased capital stock herein fixed
has been subscribed and paid for.
1T is hereby provided that before any
stock can be offered for sale by any holder
thereof. notification shall be given to the
| Secretary of the Company Of the intention
to sell said stock, and any stakeholder
within ten (10) days from the receipt OF
such notification by the Secretary. shall
have the right to purchase such stock 81
intended to he offered for sale. for cash
at the book value as shown by the books
of said corporation nj that time
Thus done and passed, mt my office, il
the City of New Orleans. Louisiana. on the
day. month and year herein first above
written. in the presence of Freda GlaSel
and Fern OyerhOlSer. the undersigned com
potent witnesses. here residing. who here
unto sign their names with said appearers
and me. Notary. after due reading of thu
whole.
Original signed:
Already issued aud paid for one hun
bred shares.
I Il. DreyfuS, 44l1 CarOndelet Street, New
Orleans. La. subsCribes for nine hundred
shares.
Alex +. Drpyfus. 4ilT CarOndeIet Street
, New Orleans, La, subScribeS for fit!
% shares.
10 Witnesses:
, Frrda CHASER, Fern Overholscr
| (SealD CHARLES SCHNEIDAU
/. Notary Public.
Original Subscription List Shown
I AbOveD
/. the undersigned Recorder of Mort
. cages, in and for the Parish of Orleans
! State of Louisiana, do hereby certify tina
= the above and foregoing Act of Amend
ment to the Charter of the City Sale
Agency, Incorporated. was this day dul,
= recorded in my office in Book 1912, Foil,
! 54S. New Orleans, June 30th. 1920
(Signed) EMILE J. LEONARD.
(SeaD nv II
4 true copy.
I CHARLES SCHNEIDAT.
Notary Public.