The herald. [volume] (New Orleans, La.) 1905-1953, 1920-02-19
CHARTER.
AMENDMENT TO CHARTER OF THE
LIGHTNER PUBLISHING COR
PORATION. INC.

PORATION, INC.
United States of America, State of Lou
isiana. Parish of Orleans City Of New
Orleans. BE it known, that on this 22d
day of the month of January. in the year
Of our Lord one thousand nine hundred
and twenty and of the Independence of
the United States of America, the one hun
dred mad forty fourth; before me- Conrad
c. Collins, a Notary Public, duly COM
missiOned 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.
Otto c. Lightner, President, and Archie ID.
Dalrymple, Secretary, respectively of the
Lightner Publishing Corporation. Incor-
pOrated, corporation created urder the
laws of the State of Louisiana, by act be-
fore W. j. Carmouche, a Notary Public
in Crowley, Acadia Parish, State of Louis
recorded in the office of the Clerk of the
District Court and x-Officio Recorder of
Mortgages for Acadia Parish, State OF
Louisiana in Book of Charters at Folio
ia.
And the said appearers acting in their
said capacities and in behalf of said
corporation by. virtue Of the authority
conferred on them by the stockholders of
ber 1919, as will more fully appear by a
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 Both day of
December, 1919. for the purpose of con-
sidering the making of certain changes
and amendments to the charter OF 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
in authentic form the action of the stock
| holders In altering and amending Articles
| III, Nv and of the charter of said
| Company, so that the said articles shall
| hereafter read and be as follows:
/ ARTICLE 1.-THE domicile of this
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.SThe Capital Stock of this
| corporation is hereby fixed at the sum
| Of Two Hundred and Fifty Thousand Dol
lars (s250, 100000 represented by Two
! Thousand Five Hundred Shares (2,500)
of the par value Of One Hundred Dollars
| each.
i
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, 1000 Dollars.
| The holders Of the said preferred stock
shall be entitled to receive, and this
corporation shall pay. cumulative prefer
entail dividends at the rate of eight per
cent per annum on the par value thereof.
holders thereof, shall on liquidation or
dissolution Of this corporation be entitled
to receive by preference over all other
stock, any accrued and unpaid dividends
and the distributive share Of the assets
up to the extent of the par value Of
such preferred stock held by them. The
preferred stock shall not have voting
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 not
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 upon
the books thereof, accompanied by the
surrender Of the old certificate, properly
ARTICLE VAN the corporate powers
of this corporation shall be vested in and
! | u
composed Of Seven ca stockholders, who
shall be elected annually on the Second
Tuesday. Of the month of January In
each year. by vote Of the common stock
holders, at general meeting convened
for that purpose, after such notice given
as Is provided for, in Section Ten (10) OF
Act NO: 26I, OF the General Assembly OF
the State Of Louisiana, for the year 1914
, stockholder, shall be entitled to one vote
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 administer
, oaths. The election shall be held under
such rules and regulations as the Board
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 AT
fairs Of the corporation and the same Il
alter and amend; to employ, and dismiss
: at their will and pleasure, such officers
= agents and employees as may be neces
sary for the proper conduction Of thu
4 Of employment and the compensation
> therefor.
The newly elected Board of Directors
after each annual election, shall at thei
first meeting. elect from among thei
number, a President, a Vice President,
= Treasurer and a Secretary The Score
tary shall furnish bond in such amour
as sntil De 11xed Dy the Board OF Dfrec
J. tors. A majority Of the Board of DIrec
|, tors shall constitute a quorum for tn
!, transaction Of all business of the corpora
I ton. The Board Of Directors shall hay
authority and power to fill, for the un
expired term, any vacancy which ma
occur among their number
!. Thus done and passed, in my office Il
the City Of New Orleans, State of Louis
D lana, on the day, month and year frs
!. above written, in the presence Of NJ. Z
Phillips and G. Collins, competent wit
o nesses. who have signed their names wit
!. the said eppearers and me. Notary, afte
due reading of the whole.
Witnesses: NJ b. Phillips. G. Collin,
The original act is signed, Otto {
Lightner, President; A. ID. Dalrympl'
CONRAD g. COLLINS,
n I, the undersigned, Recorder Of Mort
!. cages, In and for the Parish Of Orlean
1t state Of Louisiana. do hereby certify this
p the amendment to the Charter Of the Lighi
ner Publishing Corporation. Incorporates
- has been duly recorded I'm Book 1898, Foil
NJ -, OF my current records.
New Orleans, January 22d, 1920.
r EMILE J. LEONARD,
d by. Recorder Mortgages
A true copy.
le New Orleans, January oath, 1920.
n CONRAD g. COLLINS,
=. Notary Public.
y A true copy Of the original on file ar
OF record In my office.
Jan. 29-Feb. 5-Mch. 4.