The herald., 1920-02-26
CHARTER.


therein residing and In the presence or
the witnesses hereinafter named and un,
dersigned; personally came and appeared
Otto c. Lightner, President, and Archie u.
Dalrymple, Secretary, respectively OF the
Lightner Publishing Corporation, lncor-
porated, a corporation created urder the
laws of the State of Louisiana, by act be-
fore W. J. Carmouehe: a Notary Pun,n
lana, on the 31st day Of May, 1918, duly
recorded in the office of the Clerk OF the
District Court and ExOfficio Recorder OF
Mortgages for Acadia Parish, state OF
ia.
And the said appearers acting in their
said capacities and in behalf OF SAID
corporation by virtue Of the authority
said company, on the Both day Of Decem-
Der, 1919, as will more fully appear by
certified copy Of the resolution adopted
at said meeting of all the stockholders
which is annexed hereto, declared that
a general meeting Of all the stockholders
of the Lightner Publishing Company, In
corporated, was duly convened and held
at the office of the said Company, in the
City of New Orleans, on the goth day or
December, 1919. for the purpose of con-
sidering the making of certain changes
and amendments to the charter or SAID
company and that at said meeting all
the stockholders unanimously voted TO
amend the charter thereof, and to au-
thorize the said appearers to come before
me, the undersigned Notary Public, to
preserve and embody in due legal form,
the said action of the stockholders.
The said appearers declared that they
have appeared before me, the undersigned
Notary Public, under the authorization
aforesaid. for the purpose of embodying
in authentic form the action Of the stock
holders in altering and amending Articles
ii, ~ and V of the charter of said
Company, so that the said articles shall
hereafter read and be as follows:
Il toll 80 10
Corporation shall be in the City Of New
Orleans. Parish of Orleans, State of
Louisiana. Citation and other legal pro-
cess shall be served upon the President,
or in his absence upon the Vice-President
or the Secretary.
ARTICLE IV.-The Capital Stock of this
corporation is hereby fixed at the sum
| of Two Hundred and Fifty Thousand Dol
lars $3.50, 0000O represented by Two
Thousand Five Hundred Shares (2.5OO)
of the par value of One Hundred Dollars
each.
OF the capital stock hereinabove pro-
vided for, the sum of Two Hundred Thou
sand Dollars, represented by two thousand
shares, shall be Common stock and the
sum of Fifty Thousand Dollars represent
ed by five hundred shares shall be parti-
cipative and cumulative preferred stock
| The capital stock may be increased up
to the sum of Three Hundred and Fifty
| Thousand $3.50, OOO) Dollars.
| The holders of the said preferred stock
| shall be entitled to receive, and this
| corporation shall pay cumulative prefer
| cent per annum on the par value thereof
payable annually from profits, and th'
holders thereof. shall on liquidation oil
| dissolution of this corporation be entitled
to receive by preference over all Other
| stock. any accrued and unpaid dividend:
| and the distributive share of the assets
up to the extent of the par value Of
| such preferred stock held by them TIL,
1 nFnfprFnd
! power, which power to vote is alone vest
ed in the common stock.
Said capital stock shall be paid for In
cash, or the same may be issued at mo-
less than par value for labor actually
performed, or for property actually re
ceived and acquired by the corporation
| No transfer of stock shall be binding
| upon the corporation unless made upoI
the books thereof, accompanied by tn,
surrender of the old certificate properl,
endorsed.
ARTICLE VAN the corporate powers
| of this corporation shall be vested in ant
exercised by a Board Of Directors, to b.
composed of Seven ca stockholders, VIII,
shall be elected annually on the Secon'
Tuesday. of the month of January il
each year, by vote of the common stock
holders, at a general meeting convene,
for that purpose, after such notice givel
as Is provided for, in Section Ten U0) O
Act No. 267, of the General Assembly o
the State of Louisiana, for the wear 1914
stakeholder, shall be entitled to one vot
for each share Of common stock standing
in his name upon the books of the cor
poration, and which vote or votes may b
cast in person, or by proxy executed be
fore an officer authorized to administe
oaths. The election shall be held unde
such rules and regulations as the Boar,
of Directors shall fix.
The Board Of Directors shall have full
power and authority, to make and enac
the necessary bylaws, rules and regula
tons for the proper conduction of the af
fairs of the corporation and the same (
after ana amend; to employ, and dismis
at their will and pleasure, such officers
agents and employees as may be neces
sary for the proper conduction of tn
business of the corporation, fix the teri
. therefor.
The newly elected Board of Director.
after each annual election, shall at thei
first meeting, elect from among thei
Treasurer and Secretary. The Seer,
I tary shall furnish bond in such amour
as shall be fixed by the Board of Diret
tors. A majority Of the Board of Diret
/ transaction Of all business of the corpors
, ton. The Board Of Directors shall hay
authority and power to fill. for the ur
! expired term, any vacancy which ma
occur among their number.
Thus done and passed, in my office
. the City of New Orleans, State of Loui,
lana, on the day, month and year fir
above written, in the presence of M.
[ Philips and G. Collins, competent wi
nesses, WHO have signed their names wit
! the said appearers and me, Notary, aftt
d a due reading of the whole.
: Witnesses: NJ. B. Phillips c. Collin
The original act is signed, Otto
Hghtner. President; A. d. DalrympI
!, Secretary.
CONRAD G. COLLINS.
Notary Public.
i, the undersigned, Recorder of Nor
cages, in and for the Parish of Orlean
state OF Louisiana, do hereby certify tn,
a the amendment to the Charter of the Ligh
: ner Publishing Corporation. Incorporate,
: has been duly recorded in Book 1898, Fol
i, OF my current records.
New Orleans. January 22d, 1920.
EMILE J. LEONARD,
by. Recorder Mortgages
true copy.
New Orleans, January oath. 1920
CONRAD G. COLLINS,
q Notary Public
true copy of the original on file an
\ or record In my office.
Jan. 29-Feb. 5-Mch f.
AMENDMENT TO CHARTER OF GRE,