The herald. [volume] (New Orleans, La.) 1905-1953, 1920-04-08
TO CHARTER OF +,
YOUNG COMPANY, INC.

state of Louisiana, Parish Of o,,s.,.
lily OF New Orleans. Be it known, Tia,
on this, the Goth day of February. in ths
year 1870, and of the Independence Of the
United States of America the one HIM
dred and forty fourth, before me. Charles
r. Fletchinger, Notary Public. du,v
commissioned and qualified in and "a,
the City, Parish and State aforesaid.
therein residing, and in the presence Of
the witnesses hereinafter named and nm.
dersigned. personally came and appeared
Mr.. Il. Palmer Hardie of lawful 40, /,
resident of the City of New Orleans ana
Mr.. Elmer l. Young. also of lawful age
resident of the City of New Orleans
hereto appearing in their respective capac.
tiles as the Chairman and Secretary Of
meeting OF the stockholders Of T. l.
lounS Company, Inc, a corporation or
gained under the laws of the State Of
Louisiana. by act passed before the under
signed Notary Public. of date January
y. 1920. recorded in the mortgage Office
for this parish, in Mortgage Book 1888.
Folio 3SS, which said appearers severaly
declared that meeting Of the stockhold-,
ers of +. i. Young Company, Inc, was
duly held and convened at the office Of
the Company, in the City of New OrleanA
on February -, 1920 at which meeting
there were present in person the holder
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 Nv Of the
charter of the corporation as then con
stituted be changed, altered, amended and
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 (sl00.eW
dollars. divided into and represented BY
bne thousand (1,000) shares Of the par
value fone hundred (Sf00) dollars esch,
all of which shall be common stock, and
the amount to which the capital stock
may be increased is hereby fixed at the
sum of $4,000. The said stock shall
issued only for cash or in payment Of
| property or services actually received by
or rendered to said corporation: said
stock shall be fully paid for at the tine
of it's issuance and thereafter be non-n
| sessable. Fifty per cent Of the capfta
stock or the sum Of SO 900 shall be SUD
| scribed and shall be actually paid In D.
! fore the corporation engages In business
under this amendment Of Its Charter
The residue of the capital stock shall
held in the treasury of the corporaucn'
10 be issued and paid for, subject to tne
future action of the Board Of Directors
in conformity with the existing provision
of the law relating thereto. Said appear'
ers further declared that in addlton y
the passage of .he resolution authorinns
the amendment to the Charter in the "a,
ticulars hereinbefore enumerated. tn'
were also authorized. directed and en-.
powered to appear before Notary ruvn'
for the purpose OF carrying out ana Wv
ing effect 10 said amendment to the Cnsl-
ter and having the same placed IN props
form and thereafter recorded ana pas-
Iished in conformity with existing ~
visions of the law relating thereto, o. o.
will more fully and at large appea, M M
the resolutions adopted at sald nocA n.sH.
ers' meeting. q copy WHEREOF dun '
fled is hereto attached for reference. a,
Said appparers further declared thM
conformity with the authority conI -
mon them as aforesaid. they have
reared before me. said Notary, i' shs
purpose of having the amendmen. an.
Charter OF the Corporation placed N ,ssf
thentic form. and do hereby declare az
the Charter of the y. j. Young So" AL.
Inc. was ut said meeting or me "a "a
boIIers amended. changed and aitfIe.
tho narticulars hereinbefOre SET Vu.. -
that they now desire me. NotsI!, sset,ye
ceive and make said amendment, ~ .sM
and thereafter TO record ana pupnrs and
amendment according 10 law 20 .ocuire
avail as the Iuiuif Miro IN
Thus done and passed at my ~ dsy.
tbe CITY of New Orleans, on lnr .,ttsu.
month and wear first hereinabose, ,,sas ana
;n tbe nreserce Of Salvador ScnlIe' ~hs
Frances EisIer. competent witnessss vith
bereurto sign their names, ogs,s, ACE
aid appearers and me. Notary ai'''
reading of the whole Mia, Hsrdk,
Original Is signed: Il: PaImeI
Chairman: f.. I. Young, Secre'sI ,,.,e,
Witnesses. S Schilleci. +. Els p,h
CHAs. F. FLETCHINGER no.. NOT
the undersigned, Recorder OIL here
,agas for the Parish Of Orleans uoo.rc,us
nv certify that the above anu Al r.
Act of Amendment to the Chartela AZ dub
Youup Company. Inc. was tnls ,sss Folio
recorded in my Office In Book LOO
AZ witness my hand and SEAL ;;,as,asry.
Orleans. La, this zSth day Oh
1920. roS,RD. Dy. r
hereby certify the above anu anu Al TIE
inc Ia he true and correct eop ay,,eof TO
nr;o;nal copy Of the Act OF MENU nv Irc-
che Charter OF e. /. Young Compss;ee
now IN file and of record in my u eel Il
As witness my hand and no' say az Feb
New Orleans, La, this 2sth oA'
ruary. 1920.
G Sg1k F. FLETcHINGER. Not
Mch. 4-Apr.