The weekly Iberian. (New Iberia, La.) 1894-1946, 1920-07-17
Amendment To Charter Of The
NEW IBERIA CANNING
COMPANY INCORPORATED.


In conformity with resolution of
the Board of Directors of the NEW
IBERIA CANNING COMPANY, IN
CORPORATED, adopted on the first
day of June, 1920, and conforming to
the notice given to each stakeholder
as required by the Charter of the said
Company, a meeting of the stockhold-
ers of the New iberia Canning Com
pany, Incorporated, was held this
day, at the office Of said Company,
in New Iberia, Louisiana, with the
following stockholders present, to-
wit :--Messrs. Fritz Dietlein; James
v. Dunbar; Arnold E. Frick and Ell
bert L. Dukate.
The Chairman stated that the pur-
pose Of the meeting, pursuant to the
call issued, was to consider the am
endment to Article four (4) of the
Charter, increasing the capital stock
from Thirty Thousand dollars to FIT
ty Thousand dollars, and therby in
creasing the number of shares from
three hundred to five hundred. The
increase having been deemed reces-
sary by the Board of Directors.
After discussion, the following res
olution was offered by Mr.. Dukate,
seconded by Mr.. Dunbar, and adopted
by the following Yea and Nay vote.
to-wit: Yea; Messrs. Dietlein, Dun
bar, Frick and Dukate, Nay, none.
The said stockholders present and
voting being the holders and owners
of the entire outstanding stock OF
said Company.
Be it resolved by the stockholders
of the New Iberia Canning Company
Incorporated, that, Article four of the
Charter of said Company be amend
ed so as to read as follows, to-wit:--
ARTICLE ".
"The capital stock of this corpora
ton is hereby fixed at Fifty Thous-
and ,OOO00) dollars, divided into
five hundred (5OO) shares of One
hundred ($100.00) dollars each, pay
able in cash or its equivalent as may
be determined by the Board of Direc-
tors.
All transfers of stock of this cor
poration shall be entered on the
stockbook and no transfer shall be in
any manner binding on this corpora
ton until so registered in its stock
book.
No stakeholder shall have the right
to sell his stock on the market with
out having offered it, in writing at
it's book value. to the directors of this
corporation, twenty (20) days pre-
vious to the contemplated sale of said
stock, and if the directors of this
corporation, when said stock is offer
ed to them at its book value, desire
to buy it, purchase shall be made on
behalf of the corporation, and the
stock shall then and there become
treasury stock to be disposed of as
the Board of Directors shall deter
mine.
A notice of the obligation so to Of
be printed across the face Of each GER
tificate of stock"
1t was then moved by Mr.. Dukate,
seconded by Mr.. Dunbar ard carried
unanimously, that the Board of Direc-
tors of this Company, be and they
are hereby given tie right and auth
GRITTY to issue the new stock pursu-
ant to the amendment to Article four,
at such time and in such amounts as
the Board of Directors of this Com
pany deem proper and needful in the
interest of the business Of this Com
|pany.
There being no further business the
meeting was adjourned on motion du-
ly made, seconded and carried.
Arnold E. Prick, Fritz Dietlein,
Secretary. President.
STATE OF LOUISIANA,
Parish of Iberia.
Before me, G. M. Compton, No
tary Public, duly commissioned and
qualified, in and for the Parish land
State aforesaid, Personally came and
appeared Mr.. Fritz Dietlein, a resid-
ent of the Parish of iberia, Louisi-
ana, and Mr.. Arnold E. Prick, also a
resident Of the Parish of IBERIA, Lou
isiana, to me well known, who being
by me duly sworn, did depose and
SAY
That they were President and Sec
rotary, respectfully, of the meeting
of the stockholders of the New iberia
Canning Company, Incorporated, held
in the City of New IBERIA, Louisiana,
on the 10TH, day of June, 1920. That
the above and foregoing certificate
Of the proceedings of the stockhold-
ers meeting held on said day, is a
true and correct copy of all the bust
ness transacted at that meeting,
wherein Article four Of the Charter
Of said Company was amended by in
creasing the capital stock of said
Company from Thirty Thousand dol
lars to Fifty Thousand dollars.
That the said meeting was attend
ed by all of the stockholders Of said
Company, and that these present and
voting represented all of the out
standing stock of said Company; and
as shown therein, the vote on the
amendment to Article four of the
Charter, was unanimous.
They further state that they sign
ed the foregoing proceedings of said
meeting in their official capacity.
Sworn to and subscribed before me
this 10TH, day Of June, A. D. 1920.
C. M. Compton,
Notary Public.
Fritz Dietlein,
Arnold E. Frick.