The herald. [volume] (New Orleans, La.) 1905-1953, 1920-08-12
CHARTER.
lyEsDMENT TO CHARTER OF
,9pROS-PIERSON COMPANY, LTD.

AWERON-PlEhsON tOMTaNh, LID.
r,ted States of America. State of Lou
x,Sa. Parish of Orleans. City of New Or
az Re il known, that on this 10Th day
SIane. In the year of our Lord one thOus-
~ nine hundred and twenty (192OD. and
= Ae INDEPENDENCE of the United States
america. the one hundred and forty
surth before me, Walter X. Leverich,
saary Public, duly commissioned and
s.ified, in and for the Parish of Orleans,
SIts Of Louisiana, therein residing, and
4 Inc presence Of the witnesses herein
| shrf named and undersigned, personally
,us and appeared Frank Cameron, of the
Mn sre OF majority and a resident of this
dty. herein appearing and acting as Pres
uijorty, and a resident Of this city,
idsnt and ]. B. Eaton, of the full age of
Iesn appearing and acting as Secretary
Il Cameron Person Company, Ltd, who
declared that at general meeting of the
stockholders of the DamerOn-PiersOn Com
pany Ltd, corporation created under
he laws Of the State of Louisiana, as per
act Of Incorporation executed before VIII
Ian P. Brewer. a Notary Public, in this
| city, on February l, 1901, and registered
n the Mortgage Office of this city, in
| Book Isl, Folio 14S, as amended by act be-
! fore Felix J. PUG, a Notary Public, in
this city, on July IL, 1912, and registered
il The Mortgage Office of this city in Book
los Folio 34, was convened at its dOmi-
dle Of the corner of Natchez Alley and
Camp Street. in this city, on June 2Ith,
100 after due notice of said meeting had
Issn given by publication in the AlGiers
Herald, newspaper published in the City
Il New Orleans, after thirty days prio1
notice given as aforesaid and by thirty
dlys written notice mailed to each stock
holder. That both said notices, the one by
rblieation and the one by writing
Rdld to each stakeholder, set out the
ane purpose and objects, as well as the
tine and place Of said meeting: that the
nns had been called to determine whether
not the charter of said corporation
could be changed, altered or amended.
hat on the oath day of June, 1920, said
ssersl meeting Of stockholders was held
It's domicile aforesaid, and there were
ressnt or represented the holders and
~nsrs Of 500 "a shares. which represent
md constitute all of the common capital
ack Of said corporation. That at said
netting II was unanimously resolved and
WED BY the holders and owners of said
WI shares, which represented the en-
n common capital stock of Cameron
Person Company, Limited: That sal,
hucle ii Of said charter be altered and
nended 80 as to read as follows:
ARTICLE 1.-THE capital stock of saiG
operation is hereby fixed at the sum of
w hundred and forty thousand (S2iO,
~wl dollars, divided into and represented
y twenty -four hundred (24OO) shares OF
" par value Of one hundred ($100.0O) dol
ny each. The said stock shall consist OF
a ee issued as two different classes; the
ny thereof shall be known as the First
nsierred stock and the second as the
ummon stock
Seetion l. The amount of the First Pre-
aied stock Is fixed at the sum of forty
..asand SiO,0o0OO dollars, divided into
~ represented by shares of a par value
one hundred (Sl0000l dollars each. The
nst Preferred stock shall be entitled by
maefence and priority over the Common
~ ~ oi THIS corporation, to dividends in
~ ana every year at the rate of seven
wEl per cent per annum, payable out OF
profits. Such dividends shall be cum.
.s Me limited to seven (70o) per cent pei
Iaan and the first preferred stock shall
enuued 10 no other or further share IL
ln proIlts except as hereinafter provided
Myment OF dividends on the said frs
'siteo stock shall be without deduction
any TAX or taxes which by any present
rutnre laws of the United States
80 !" me state Of Louisiana, may be pay
ns. y. IN respect to the said dividends fol
s osSs, state, municipal or other pur
SAID corporation hereby agreeing
ssPy such tax or taxes which it or tn
sos,. sosekhoiders may new or hereafter b.
As,assa oy any such law to pay or Eetail
!, HrIR,s. In the event of any dissolution
,,sss'eauon or winding up, whether vol
ia ~ Involuntary, of this corporation
han yaers OF the first preferred stocl
ia ~. ue paid In full by preference owe
a ,snmon stock holders the par valu
s., snelr shares, together with the diyi
. a.. a. me rate Of seven ga per cen
n,ssss vi said liquidation. The Board o
hsn snail have authority by not les
.eptir. pso-tnirds affirmative vote of tn
asrs . ooard to retire after giving sixt
o. ssr ns OF intent so to do, the Who'll
fsrrsS .i ps,t OF the outstanding first pre-
he s.ns ek upon paying to the holders o
.i1ot an, one hundred and five and ono
diyidsea. ooliars per share and all du
knoxa or II the said holders are un
depos, ~ reIuse to receive the same, I
sslvsss me amount due to them in an
| aotifvs,eo ank In the City of New Orlean.
psrt hs tne holder of record Of said do
iassd rgistered mail, at his last desig
ny .SSuess, or, IL he has not designate
New 0 e,rss at the General Delivery 1
aid s,eans, such deposit shall put tn
Aelde, "a AZ the risk of the former stock
tfpst a. snail terminate in full the in
nnpan. .ne former owner thereof in th
s,,. VI MS claim against it, insofa
Board A. n, from said share. In case th
us onIs directors should determine to r,
ecck *. portion Of the said preferre
ribut.S portion so retired shall be di.
sco,S pro rata among the holders I
each halsA ia class of preferred stool
ahh S asssr having the same percentag
Frcpntsrs retired. provided that IL ii
holder ssens 81 the holding of any stocl
sofporst;"n De fractional share of Ii
hs one ss snail have the option of retil
Ssc man the fraction. '0H VI VI
bon utert THE amount of said con
and lssoa a ~ nxed at Two Hundred TIL,
SNe nss oy two thousand (2OOO) shar,
Dollar, ~. value Of One Hundred (SIOO. o,
tsidends s en- and shall be entitled to sue
8 Directors may be declared by the Boar
I'D eonI hereof, and not otherwise III
~ NoniSsv.a stock shall In the event
ID VSsss.'on or dissolution or windir
&c esfeo,s Voluntary or Involuntary,
1os a ~ on De entitled to the emit
~ - -. ae assets Of this Corporate
ky0ent Of the smounts accrui,