The herald., 1920-03-18
AMENDMENT TO CHARTER OF RI
YOUNG COMPANY, INC.

state Of Louisiana. Parish Of ORLEANS
City of New Orleans BE it known. That
on this. the Goth day Of February. in the
wear 1910. and of the Independence Of the
United States of America the one hun
drcd and forty fourth. before me. Charles
+. Fletchinger, Notary Public. duly
commissioned and qualified in and for
th" City, Parish and State aforesaid
therein residing. and in the presence Of
the witnesses hereinafter named and IN
dersigncd, personally came and appeared
Mr.. Il. Palmer Hardir, of lawful age =
resident of the city Of New Orleans, and
Mr.. Elmer l. Young also of lawful age
resident of the City of New Orleans
hereto appearing in their respective capac-
tiles aS the Chairman and Secretary Of
u meeting of the stockholders Of +. J.
! Dung Company. Inc, 4 corporation or
ganiZed under the laws of the State OF
Louisiana, by act passed before the under
signed Notary Public, Of date January
~. 1920. recorded in the mortgage office
for this parish. in Mortgage Book 123s
Folio 3SS which said appearers severally
declared that a meeting of the stockhOld-
erS of T.. I. Young Company, Inc, was
duly held and convened at the office Of
the Company, in the City Of New Orleans,
on February IL. 1920. at which meeting
there We're present in person the holders
OF all of the issued and outstanding stock
of the corporation. and that upon motion
duly made and seconded, il was unani-
mouSly resolved that Article w Of the
charter of the corporation as then con-
Stituted be changed. altered, amended and
re-enacted so 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 (sl000OO)
dollars. divided into and represented by
one thousand 1.OOO) shares OF the par
value o fonc hundred CSIU0) dollars each,
all of which shall he common stock, and
the amount to which the capital stock
may be increased is hereby fixed at the
sum of S1J0,00O. The said stock shall b.
issued only for cash or in payment OF
property or services actually received oy
or rendered TO said corporation; said
stock shall be fully paid for at the time
of it's issuance and thereafter be non-as.
SeSSable. Fifty per cent of the capital
stock or the sum Of $4,000 shall be sub
scribcd and shall he actually paid in BE-
fore the corporation engages in business
under this amendment of its Charter.
The residue of the capital stock shall Dc
held in the treasury Of the corporation
to be issued and paid for, subject to the
future action of the Board OF Directors
in conformity with the existing PROVISIONS
of the law relating thereto said appear
erS further declared that in addition 70
the passage of the resolution authori1lng
the amendment TO the Charter in the par
ticularS hereinbefore enumerated, they
were also authorized, directed and er-
powpred to appear before a Notary Pupnc
for the purpose Of carrying ont ana CAV
ing effect to said amendment 10 the Cnsr
ter and having the same placed IN prop.'
form and thereafter recorded and pun
visions of tho law relating thereto, an a.
will more fully and at large appear irvn'
the resolutions adopted at said stocknoIu
ers' meeting. a copy whereof. duly eeru
fed. is hereto attached for reference. 4,
Said appearerS further declared tnal ~
conformity with the authority sonl n an.
upon them as aforesaid. they have ~
neared before me, said Notary. Tor ~.
purposc OF having the amendment 10 wv
Charter OF the Corporation placed IN a.,
,hentic form. and do hereby declare tna'
tho Charter of the +. ]. Young ConpaG
Inc. was at said meeting OF the a "a
bo,derS amended, changed and altefeu "a
~ norticulars hereinbefOre set out. anu
that they now desire me. Notary, .o,irs
reiye and make said amendment ene;a
ond thereafter TO record and publish - "a
amendment according TO law 70 heI' lice
avail as the future shall or may ,T9tu IN
Thus done and passed AT my .ha day,
San
month and year first hereinabovc srd
In the nreserce of Salvador Schiller sho
frances Eisler. competent witnesses ,r;,b
bereurto sign their names. together dns
aid appearers and me- Notary, h'er u
reading of the whole. w., ua-die
original is signed: II. Palmer haiuN
Chairman: f. I. Young Secretary.
Witnesses. s. Schilleci. +. ElsleI,
CUNS. +. FLETCHINGER. Not. w. Mt.
the undersigned, Recorder OF hO,s-
,aoas for the Parish of Orleans, 90 nr
Nv certify that the above and TOTE
Act of Amendment 10 the Charter o. drly
Younr Company. Inc, was TINS Gay rolio
rocord.d in my office in Book US '0"'
g, - az New
As witness my hand and scar ,. a,
Orleans, La. this 2sth day OF Fepr'''"
1920. -ox,pn Nv. r
7 hereby certify the above anu ~ the
INC 70 he n true and correct copy VI "a
original copy OF the Act OF Amehu Inc.
tba Charter OF f. I. Young Company,
now on file and Of record in my oui al AZ
As witness my hand and notaIlai % Feb
New Orleans, La, this 2Nth Gay
ruary. 1920.
C Tgsl F. FLETCHINGER, Not POO
Mch. 4-Apr.