The herald. [volume] (New Orleans, La.) 1905-1953, 1920-03-11
AMENDMENT TO CHARTER OF Il. l.
YOUNG COMPANY, INC.

State of Louisiana. Parish of Orleans,
City of New Orleans. Re it known, That
on this. the Goth day of February, in the
wear 1920. and of the Independence Of the
United States of America the one hun
dred and fOrty-fOurth. before me. Charles
+. Fletchinger, a Notary Public, duly
commissioned and qualified in and for
the City. Parish and state aforesaid
therein residing, and in the presence OF
the witnesses hereinafter named and IN
dersigncd. personally came and appeared
Mr.. Il. Palmer Hardi", of lawful age
resident of the City of New Orleans, and
Mr. Elmer l. Young. also of lawful age
a resident of the City of New Orleans,
hereto appearing in their respective capac-
tiles as the Chairman and Secretary OF
"A meeting of the stockholders of X. i.
Young Company, Inc, corporation Or
ganiZed under the laws of the State OF
Louisiana, by act passed before the under
signed Notary Public, of date January
~. 1920 recorded in the mortgage office
for this parish, in Mortgage Book 1ZSS,
Folio 3SS which said appearers seyerally
declared that meeting of the stockhold-
erS of +. l. Young Company, Inc, was
duly held and convened NJ the Office OF
the Company, in the City OF New orleans,
on February II. 1920. at which meeting
of all of the issued and outstanding stock
of the corporation. and that upon motion
duly made and seconded, 1t was unsni-
mouSly resolved that Article Nv OF the
charter of the corporation as then con-
stituted be changed. altered. amended ana
re- enacted so as to read hereafter as fol-
| lows, to-wit .
| ARTICLE IV-The capital stock OF
| this corporation is hereby fixed at the
sum of one hundred thousand Gl0eeD
dollars divided into and represented Dy
ono Thousand lOO0) shares Of the par
| yoIue o fone hundred (SIoO) dollars each,
all of which shall be common stock, ana
| the amount to which the capital STOCK
NAV be increased is hereby fixed ri tne
| sum of $500 The said stock shall D.
issued only for cash or in payment OF
property or services actually received DIV
ar rendered to said corporation; SAID
stock shall be fully paid for at the tine
| of its issuance and thereafter De hsh-ao
| SeSSable. Fifty per cent OF the captaa
| stock or the sum of $4,000 shall ne SUI
scribcd and shall be actually pald ~ oe
, fors the corporation engages in business
| undar this gmendement of ito Charter
| Tho residue of the capital stock shall De
hold in the treasury of the c0rporatlvh'
10 he issued and paid for subJ'E. 70
future action of the Board or plrr,to,a,
in conformity with the existing pan.r
of the law relating thereto. said sppea.
ars further declared that in addlnoh W
tho passage of .he resolution authorihne
the amendment to the Charter III ,bo IT,
ticuIars herpnbefore enumerateu, ,,
were also authorized. directed anu sTc
powered to appear before No.a's "a civ
for the purpose of carrying out anu Gu,
inc eject TO said amendment TO the Ia
for and having the same placed IN p' Dph.
form and thereafter recorded anu p "a.
lIisbed in conformity with eNlstlns =, "a
visions of the law relating thereto, ,,orn
| n Of
tho resolutions adopted NJ salh Htp LIT
or. meeting a COPY WHEREOF. duiF '
ed il hereto attached for reference. &,
Sid anneorers further declared tnsI nS
conformity with the AUTHORITY IN an
upon them as aforesaid, tney o., the
naarcd before me- said Notary ior ,hs
nrrposa of having the amendment an.
Ch,rtor az the Corporation placed III ,nst
,hortic forr. and do hereby deciare
tho charter of the Y. J. Young I,ock.
Inc was at said meeting OF ,nr,o.od In
ho,Jors amended changed ana aNe md
noI1ri ,in,,Iars bereinbpfOre set out anu
NJ tLev now desire me, Notary, aNo,ive
! - IA make said amendment ia
80 ,bcrcofter TO record and pupllsn and
amendment according 10 law W .eouIre
avail as the future shili OF rn%' office IN
Thre done and passed at my ~ Ssy
CT ~ New Orleans, on tnr -,tten
nth ~ and vear first hereinahOve and
a. ,ha nrescrce of Salvador ScIlll sho
Frances Eisler. competent Wl a.a,her with
herenrto sign their names toge, as,sr due
said appearers ana me No'"'''
| reading of the whole. ,.,,,o- Hardie
Uri%inoI is signed: r. Palmer
cb.irman: r. l. Young. Secretar,yS .,o-
Witnesses: s Schilleci. r. n, pub.
CHas r. FLETCHINGER, Not Mort
tbe Undersigned, Recorder o. az here
; - - M for the Parish Of Orleans oeoego,ng
ny CsI'.! dnopt 70 the Charter OF sriv
1 no@pF G in my office in Book 12Ss' f'
A. Witness nv hand and SEAL ,;,ahruary.
, Orleans, La. this 2Sth day OF reO''
! 1920. Toward. by. n
+ barebv certify the above anu anu Of the
,Da 10 no q true and correct cop SSr,ent TO
InE COW Of the Act Of Am enu Ipc..
, ,ba Charter OF Y. I. Young Com posi,e.
: now on file and of record IN my r,sI sesL ST
nov Witness nv hand and notsr ara az Feb
: Now orleans, La, this 2sth daS "
Y ruary. 1920.
lSeaL! rt rTCUINGER, Not. wv