The herald., 1920-09-02
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 In his capa-
city of Secretary of the Crescent Print
Ing Company, Incorporated, corporation
organized under the laws of the State of
Louisiana, domiciled 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 A. D.
1915, and recorded in the Mortgage Office
for the Parish of Orleans. in Book 120l
folio 53l. by virtue of d resolution adopted
at a general meeting OF the stockholders
of said corporation, held at it's office No
6l1 Bienyille street, this city, on the sec
ond day of August, 1920 certified ex-
tract of the minutes of said meeting being
hereto attached and made part hereof.
And the said appeaTers 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,
mo stakeholder shall have the right TO
dispose of his stock without having first
offered ii, i'll 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 stOckhodler 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
Wi
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
in the manner provided by law"
And thep, the said appearers, were duly
authorized and empowered to cause said
amendment to charter of the said Cres-
cent Printing Company, Incorporated to
be embodied in nOtarial act.
Now, therefore, in accordance with said
resolution, they the said appearers acting
in their aforesaid capacities, having APP
pose of 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 Nv. The capital stock of this
corporation is hereby fixed at the sum of
Five Thousand (S5,0O0) Dollars, to be di-
v1ded into and be represented by Two
Hundred (2OO) Shares OF stock of the par
value of Twenty-Five ($25) 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 (S50.O0Ol Dollars.
All shares of stock shall be issued as
full paid and non -assessable, and no trans
fer of stock shall be binding on the cor
pOration, unless recorded on its books.
TO issue shares of stock up to the
amount to which under this charter the
stock may be increased, the resolution to
Increase shall be read at one meeting of
the Board of Directors and laid over for
action at the next meeting of the Board,
before 1t is adopted, and on such action
the new stock shall be first offered to the
existing stockholders in the proportion
OF their several holdings and with the
thirty days privilege to pay for the same
before any of the stock is offered for sale
or subscription to other persons.
The stock of this corporation may be
diminished as provided b~ law.
No stakeholder shall have the right to
dispose of his stock without first having
offered it, in writing, at its then book
value, through the Board of Directors to
the other stockho lders who shall have the
nrst right to its purchase for ten days
from the date Of said written offer; should
ne stockholder purchase same, the Board of
Directors shall have the right for the next
succeeding five days to purchase said
STOCK at said price for the corporation. and