The herald., 1920-04-01
AMENDMENT TO CHARTER OF
YOUNG COMPANY. INC.

stat" OF Louisiana Parish of ORLEANS
City of New Orleans. I;n it known Th,,
on this, the Goth day of February in ,h0
wear 1870. and OF the Independence Of tls
I United States of America the one hmm.
ircd and forty fourth. before me. Char,es
+. Fletchinrer. Notary Public. dply
commissioned and qualified in and 70,
the city. Parish aud Stare aforesaid
therein residing. and in the presence Of
the witnesses hereinafter named and IN
iprSignrd. personally came and appeared
Mr.. l.. Palmer Hardi", of lawful age =
resident of III" City of New Orleans, and
Mr.. Elmer /. Young. also of lawful age
q resident of the CITY Of New Orleans
hereto appearing in their respective capac-
Iti"S rs the Chairman and Secretary ot
= meeting Of the stockholders of r. /
lounS Company. Inc, a corporation or
ganiZed under the laws of the State Of
Louisiana. by act passed before the under
signed Notary Public. of date January
y. 1920. recorded in the mortgage Office
for this parish, in Mortgage Book lbs
| Folio jNS. which said appearers seversly
declared that Il meeting Of the stOckhOh-
"rS of L. !. Young Company, Inc, was
/ duly held and convened at the Office Of
the Company. in the City of New Orleans
on February L.. 1920 ut which meeting
| there were present in person the holders
of al of the issued aud outstanding stock
of the corporation, and that upon motion
duly made and seconded, it was unani-
| mouSlv resolved that Article ~ Of the
charter of the corporation as then con.
Stituted he changed. altered. amended and
| rc-"nactcd 50 as TO read hereafter as fol
lows. to-wit:
ARTICLE IV.-The capital stock Of
| this corporation is hereby fixed at The
! sum of one hundred thousand $l00e0
dollars. divided into and represented BY
one thousand G.OOD shares OF the par
value o fone hundred tSI0O) dollars each.
all of which shall be common stock, and
the amount to which the capital stock
may he increased is hereby fixed at The
sum of S1jO.00O. The said stock shall b.
| i~Sued only for cash or in payment Of
property or services actually received bI
or rendered to said corporation; said
stock shall be fully paid for at the time
Of it's issuance and thereafter be non-ss.
| s.SSable. Fifty per cent of the capital
| stock or the sum Of $4,000 shall be SUD
| scrihcd aud shall he actually paid In ee
I fore the corporation engages in CUISINES
under this amendment Of its Charp'
| Tho residue of the capital stock shali o.
held in the treasury of the cOrporauen
to he issued and paid for, subject 10 u'
future action Of the Board OF Directors
in conformity with the existing provision
of the law relating thereto. said apptdI
| erS further declared that in addluoh "
the passage Of :he resolution authofhlpN
the amendment to the Charter IN tne pa
Iti,.ularS hcrninbefOrP enumerated. tbe'
lvore also authorized. directed ana en-.
powered 10 appear before Notary run
| for the pnrpoSe of carrying out ana ~
| ing effect 10 said amendment TO tne IL
ter and having the same placed IN prVPh
form and thereafter recorded anu w.
IiShed in conformity with eXistlhE as
visions of tho law Waiting thereto ~ =
will more fully and at large appear III
the resolutions adopted ut said stockno..;
ers. meeting, n COPY whereof duly oe'"
faT is hereto attached for reference. Z,
Said appcarerS further declared thaI
conformity with the authority coni' an.
upon them as aforesaid. they ha nav, me
| reared before me, said Notary' % The
purpose of having the amendmen. an
charter Of the Corporation placer ~ mat
,bpntic form. and do hereby deciare
Tho Charter of the f. !. Young tohpS
Inc was nj said meeting OF the ~ a,
bo,Jars amended. changed and alteI" "a
tho particulars hercinbefore SET ou' a. =,
that they now desire me- NotaI5 roc,iyp
ccive and make said am"ndthentS ssd
and thereafter 10 record anu sarye ard
| ar,,ndmeut according 10 law 70 s'L-'o,Irs
,yaiI as the future shall or may 80 IA
! rrLrs done and passed at my ohi asJ
81, CIV of New Orleans, on Inv 49,,
month and wear first hereinaDoVes ,,"ci and
In Tho prescrce Of Salvador SchILe Who
Frances Eisler. competent Wltnes 9Th
bereurto sign their names, tog't I1,o, dus
ola oppearcrs and me. Notary ai'''
| reading Of the whole. ,,- Uardie
| ORIGINAL is signed: II. faIiheI
r,bairman. T.. l. Young. Secretary
U-itnesses. 8. Srhilleci. T. Els'Ip Dab
CIJNS =. FLETCHINGER. MOI, Mort.
the undersigned, Recorder "a "a here
ragas for the Parish or OrIeanS' ,oresoDe
iIy certify that the above ana ~ /
! ,rt of Amendment 10 the CharIeI, - duly
younp company. Inc, was TINS ,S 20 FoHo
CORDED in my office in Book I-"''
A: witness nv hand and seal; ,I 2,
orleans, La. this 2sth day oil
1920. coward. DE-. r.
7 hereby certify the above anu .r AZ the
inc m he A true and correct e opS to
nriginal copv OF the Act OF Amenunv Ine-
r. charter Of T.. I. Young CohPryee
,o,,. an fle and OF record in my seaI. II
NJ witness nv hand and notarlA' ~ Feb-
Vow orleans. La. this 2sth day
| ruary, 1920.
C Gas F. FLETcHINGEE. Not. f''
Nch. 4-Apr