The herald., 1920-03-25
AMENDMENT TO CHARTER OF y
YOUNG COMPANY, INC.

State of Louisiana. Parish Of orlaans
City of New Orleans. BE il known Tho,
on TINS, the Goth day of February. in the
wear 1"2O. and of the independence of the
United states of America the one hun.
drcd and forty-fourth. before me. Charles
+. Fletchincer, 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
dersigned. personally came and appeared
Mr.. H.. Palmer Hardio, of lawful age, p
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 L. J.
! Dung Company. Inc, a corporation Or
ganiZed under the laws of the State OF
Louisiana. by act passed before the under
signed Notary Public. of date January
y. 1870, recorded in the mortgage Office
for this parish. in Mortgage Book 1923.
Folio 3NS, which said appearerS severslly
declared that "A meeting Of the stOckhOld-
crS of r. /. Young Company, Inc. was
duly held and convened at the office OF
the Company, in the City of New Orleans,
on February IL. 1920. AT which meeting
there were present in person the holders
Of all of the issued and outstanding stock
Of the corporation. and that upon motion
duly made and seconded, il was unani-
mouSly resolved that Article " of the
charter of the corporation as then con-
>tituted be changed, altered. amended and
rc-cnact"d so as to read hereafter as fol.
lows. tO-wit:
ARTICLE IV.-The capital stock Of
this corporation is hereby fixed al the
lN -. " AnA ,aA IN m
dollars. divided into and represented by
one thousand 1000 shares Of the par
value o fone hundred tst0O) dollars each,
all Of which shall he common stock, and
the amount To which the capital stock
may he increased is hereby fixed at the
sum of SlJ0.0OO. The said stock shall b.
issued only for cash or in payment OF
property or services actually received BY
or rendered TO said corporations; said
stock shall be fully paid for at the time
of it's issuance and thereafter be nOn-as-
SeSSable. Fifty per cent of the capital
stock or the sum H $4,000 shall be sub
Scribcd and shall be actually paid in be
fore the corporation engages in business
under this amendment of its Charter.
The residue Of the capital stock shall be
held in the treasury Of the corporation
10 he issued and paid for, subject 10 the
future action Of the Board of Directors
i'm conformity with the existing provisions
" AHf ~ Us II - ~ f''AA
erS further declared that in addition 10
the passage Of :he resolution authorizing
the amendment 70 the Charter in the par
~tiruIars hereinhefore enumerated. they
were also authorized. directed and en-
nowcred TO appear before n Notary Pubhc
for the purpose of carrying out ana CIV
ing effect to said amendment 10 the Char-
ter and having the same placed in prepsr
form and thereafter recorded ana pun
.Iished in conformity with existing pfo-
visions of tho law relating thereto az o.
will more fully and NJ large appear IRON
the resolutions adopted at said stockhoIu'
ers' meeting. n COPY whereof. duly ceru-
fed is hereto attached for reference.
Said appparerS further declared tnat ~
conformity with the authority cohleII.'
upon them as aforesaid, they nav a.
reared before me. said Notary. LOT ~
purpOSo Of having the amendment 10 w.
charter Of the Corporation placed IN !"
theutir form, and do hereby declare tM%
tho charter of the T.. 7. Young Compapy'
Inc. was nj said meeting or the stgh
holders amended. changed ana alteteum
the particularS hereinhefore set OUT. "m
that they now desire me- Nold.' roc,iye
ccive and make said amendment Ia
and thereafter to record and puhllsn "a
amendment according 10 law, 10 serve sa
avail as the future shall or may ~ IN
thus lone and passed at my d.y.
tbr civ Of New orleans, on tH'..o,
ulUutl and wear NTNi ufI'iHHF' - nd
In tho proSrrcc If Salvador Schlllf'i 10
Frames Eislcr. competent witnesses ,ritb
ber.urto sign their names. tog"thrI Sne
aid oppcarors and me, Notary ailer VI"
reading Of tho whole. ua,die
oricinoI j. signed: T.. Palmer har"''
chairman: T.. l. Young. secretary
witnesses. <. SchiIleci F. ti,I'I
mas r. FLETCHINGER. Not ru
tho undersicr 80. Recorder OF Hw u
RACES for the Parish Of Orleans 10 Ling
bv certify that the ahoy" ana IoI Z
~ of tmondmcn 70 The Charter Oh s,Ir
younr ComUanv. Inc. was this das Tol;o
recorded in my Office in BOOK 10
A. witness nv hand and seal "a,
orleans, La. this 18th day Of feOi"
1900. nv r.
7 Irrehy certify the above and io OF The
ING 10 be n true and correct copy 10
original COPY Of the Act Of Amehdme inc,
Tho charter of r. I. Young ComPa1S.
now or file and Of record in my H. rcal at
As witness my hand and not5rlAi q Feb
Ner, orleans, la, this @sth day
ruary. 1920.
CHHs. F. FLETCHINGER, Not fOO
Mch. 4-Apr