The herald., 1920-08-05
CHARTER.
ryNT TO CHARTER OF II. & c.
tNkNp NEWMAN. LTD.

brhea AZ the United STATES OF america the
dsocs pndred and forty 'I2urtn, 3eI2Te me
Henry ,be Parish of Orleans, State OF
sBd ioI duIy commissioned and quail
LoulsnS IN the presence OF the witnesses
fed sa u named and undersigned, per
hers su, came and apps ared Harris hyman:
sonsh ssnt of said parish, who declared
- resa'S n Newman, Ltd, is a corpora
fbaf n. ,snized under the laws of Louisi-
hon act before Frederick e. Marx, a
sna. " pnblIc. of this parish, on February
So@saaso duly recorded In mortgage office
" ~ Parish Of orleans, IN BOOK 6i6'
" ne--e that meeting Of the stockhold-
Tclo,, Ia corporation was duly held at
ers o. os,,cs Of the corporation on June 18th,
ne oi vhjch meeting all the holders of
". eaDital stock 81 sald corporation
Z Az ~ and outstanding we're present and
4 sssteck holders, by resolution. unani-
4 saia =, sdopted, agreed TO change, alter,
'no1sY nd re-enact tn charter of said cor
3nenssa In the words and figures herein
fe alr set out. and In the '.tme resolution
An.asa,inted the appearer herein 70 appear
Hpelns Notary and in behalf OF said
beies. TO nut into authentic shape
ferpvna.d acts of the stockholders. And ap-
ne ~ GATHER declared that he does ac-
rl.,iv appear before me, Notary, for
olu ar,nose of amending and re-enacting
E ppsid charter in the manner and form
fsalqprT,iTii,E 1.-The name Of the corpora
hshsll be II. & e. Newman, Inc, and
~ m have and enjoy existence and sue
Hsnsan FOR ninety nine yeArs from the date
g mis- act, and all the rights, privileges
"a advantages now or hereafter granted
D., IA contract, sue or be sued in its
rsa,s,e name to make and use a cOrpOr-
UP.si and the same 10 break. alter or
GGs.ontinue at pleasure, TO hold, receive,
1870. sell, convey, mortgage, hypOthe-
~ and pledge property, real and per-
az ~ issue notes, bonds and other oh
s-,ans TO borrow and lend money, 10
- advances upon growing crops and
-. ather products of agriculture; to
~ ~ sell. pledge or otherwise deal In
s.rks bonds and other securities. aud
rsraiiy to do any and all things use
u Kramer or necessary to successfully
ssSnct the business in which this cor
r-stien shall engage, and particularly the
L.css and purposes hereinafter set out.
"tPTICLE 1.-THE dOmicile of this cor
.-stian shall be in the city of New Or
Ira La. Citation and other legal pro-
- shsIl be served on the President. and,
!. Ma shsence on the Vice President the
s.retary or the Treasurer, or the Sec
stsry- Treasurer, should these offices be
,smbined In one person.
"aRTICLE III.-The objects and pur-
,sses for which this corporation is estab-
Shed. and the nature of the business to
: carried on by IL are declared to he to
nrtpue the business conducted by I'll. 4
4 newman, of New Orleans, La. in all its
si.ses and branches. to purchase. sell.
Issde and deal in cotton and agricultural
l.rsducts and merchandise of all kinds; to
rsks loans and advances to planters, mer-
sbsnts or others, in connection with or
ACCIDENTAL 10 its business; to buy. sell
ia cultivate lands, to operate cotton
.empresses or ginneries to manufacture
A.. n mis-
IN warehouse and manufacturing bust
sess 10 buy and sell stocks and bonds
"A cther securities and generally to do
~ and all things incidental or appropri-
y 70 the carrying out Of any Of the bust
1e1ses or purposes herein contemplated.
lRTIcLE fV.-The capital stock of this
o:peration Is hereby fixed at two million
Ailars divided into and represented by
tsenfy thousand shares of the par value
4 one hundred dollars each. represented
y certificates TO be signed by the Presi-
III and Secretary Treasurer, and in case
4 he absence or inability of them, or
d:Aef Of them. then by any two officers
isignsted By the Board of Directors.
aid capital stock shall be divided into
e.sses designated by the letters "A" "B"
Az &C" and shall be issued, delivered
~ accepted under the terms and pro-
sndons hereinafter set out:
.cEx "H'-The amount of the Class "a
lxk u fixed at the sum Of nine hundred
M fifty thousand dollars. divided into
~ represented by nine thousand five
nj. Said stock shall be issued out of |
n surplus and undivided profits of the
tofp0fnti0n accumulated since March 1st |
D3 Up to and including June 18th. 1920 |
sE stock dividend Is hereby declared of |
1e aid surplus and undivided profits of |
te corporation. to cover which said stock |
trided, the aforesaid Class "a" stock |
h ns1ed and distributed.
Casa "B'-The amount or Class "B" |
mi b fixed at the sum of seven hundred |
M ffsy thousand dollars. divided into |
- represented by seventy five hundred |
9lhn Zach Said stock shall be issued |
- 4 surplus and undivided profits of /
- cofporation accumulated prior TO /
Ind 1918. A stock dividend Is hereby-i
orsiN Of said surplus and undivided
Fvuh 70 cover which said stock diyi-
~ ~ aforesaid Class "B" stock shall
= lulsd and distributed.
t4u 1.-THE amount of Class &C"
~ liked at the sum of three hundred
!oe dollars, divided into and repre-
1C by three thousand shares, of the
NM Of one hundred dollars each.
C1eo IT, stock shall be made up of
QDtfal stock Of Ii. & c. Newman,
eeSofore issued and outstanding in
ocye amount.
stsek issued by this corporation
= &4Al PalQ tllutI IN cash OF
~ Or BY way of stock dividend out
~ and profits accumulated and
5peted. The Board Of Directors
Ayl11eo TO declare and issue stock
out OF the earnings and surplus
Sfporation. The Board of Direc1
~ call In, redeem and retire any
~ q the stock Of Glasses "B" and
amer OF them, and thereupon the
9ock shall be reduced accordingly.
SpefAtion Is hereby authorized to
me capital stock of three million,
;-sS s a A. thousand dollars; such in
De Class "A" stock. No trans ,
9eck shall be binding upon the
a1on unless recorded upon its ,
x< ~ snail any stakeholder have the ,,
y seii any OF the shares held by
n ..oet having first offered the same
q ~ fsnoiders Of record in proportion !
holdings, through the Board of !
40 at the book value of the stock.
S snail be made In writing and !
~ HnoiQers shat have the right ,
- period OF ten days after the Of !
N ~ ~ has been received by the Board !
tors. TO purchase the shares so . .
@7rsSe. cash at said value. The GER
~-3 q stock shall have written or
epen them reference to the
~ K<'xs ~ tnis Article of the Charter. !
- p, -seht OF two-thirds of the Direc- :
~ sPeciai meeting called for that :
S- sna without the necessity of any !,
,'....sst to the Charter, the necessity
- ~ Or stamping such inscription !
~ Ss.S sock certificates may be dis
- S.Gn or the certificates containing
r c~<~s may be called in and new
: 49, b their stead. p''0"' Q
"a e<sSes s.-An corporate powers of /.
1HiSc suon shall be vested in and !
~ ~ : Board of Directors, COM )
- 49, IA .stockholders. three of whom /.
- Z 6us'sassa quorum for the transac- :
c1i>, 3ess The officers of the cor 2
~ ~ pc President. a Vice Pres !
= ~ - sHeary and Treasurer, but !
tno&lI~s Dlrectors may, by appropri- .
~ ~ y combine the offices Of Sec
q enSS,-t treasurer. and separate them 9
~ A. .thfm again, from time to 9
- H discretion 1t may deter !
~ 4 ~. xseetors, IL authorized by !
- = us Of the outstanding
<1H1 80 corporation, given at an
~ 6,;f I'll meeting of the stock \
49, - rave power and authority to q
u kA.. @