The herald., 1920-05-13
AMENDMENT TO CHARTER OF Ct IL
MOTOR TRUCK COMPANY, INC.

| Tinted States Of America. State of Lou
| isiana Parish of Orleans, city OF Ne" or-
| leans. BE il known, That on TINS twenty
| seventh day of the month of Marcg, III th'
wear of our Lord. one thousand nine nun
bred and twenty, and OF the Independence
of the United states Of America the one
| hundred and forty fourth, before me, Fer
| nard / DaIy a Notary Public, duly com
miSSioued aud qualified. in and for the
Parish of Orleans. State of Louisiana. anu
in the presence Of the witnesses herein
after named aud undersigned, personally
came and appeared (lD Archibald l.. llN
on individually and as the proxy OF
Thomas Dixon. said Archibald l.. DIXON
being the duly elected and qualified Pres
{ ideut of the Gulf Motor Truck Company
! Incorporated. 90 Mrs. Ruth VI. no9hE
l wife of Archibald l.. Dixon. herein dhiS
r. aided assisted and authorized by her >ald
70 husband and 90 James Hill, Jr VINO ut
" clarpd that, collectively, They own hort
r | than two-thirdS of the entire outstanding
u capital stock, of all classes IN the apoN'
q | named CORPORATION, that on the 3rd day
T of March. 1920, pursuant To cal iSsutO
| ia all the stockholders of the Salu cor
F. marathon in accordance with the terms ant
'r provisions of the original act OF lhcorpora
~ tion of the above named company. ana I'M
10 laws of the State of Louisiana, spe'la
II meeting of the stockholders OF the san
pr cornoration was held at its ottlcr ah'
" domiciIe No AS EarOnne street, IN TN
Ill city whereat. by vote of more imam Two
Is thirds of the entire outstanding Caplta
n stock of all CLASSES. of said corporation.
te resolution was adopted, authorizing IN
K amendment of Article of the origin;
he act of incorporation OF the Sald 'oIhpan!
as follows. duly c"rlliltd copy vi "ni,
on resolution il attached hereto as Pal
or hereof:
er ARTICLE Whereas, the caplti
stock of the said Gulf Motor Truck Con
ial pany Incorporated a. fixed by inc oIls
he nal articles of Incorporation. Is lNtu
an. ten thousand dollars tSlOWow), dlNlI'
nm into one hundred shares. of the par van
eS of one hundred dollars iSlOO.O) each; al
Ter whereas the said corporation mas pc
ry. manent property and assets, OF the VA
of twenty seven thousand. six hnndr
nth | thirteen and - 100 dollars tS2I6l3D'
which is represented by 'hsh' alIou aU y
CIV TO twelve hundred seventy one ana 10
nd dollars Isl 2119S). and the balance
- merchandise. bills receivable ana 81 't'fI
ark As will more fully appear by dulN e
titled statement. hereto annexed as pa
Whereas, il is desired. in accOrdar
- with the said resolution. TO enlarge n
M extend the BUSINESS of the rorpOrat
and that the stock of the corporation
also Increased the said appearers furti
declared that the capital stock OF inns g
gu pOratiOn shall he. and Is herenE i", All
Or | from said sum of ten thousand uoil
irSt $50 OOOC TO the sum of one hundred tho
r of and dollars CSl00,000). of whlch seven
and five per cent shall he common stoyh
No twant y five per cent preferred STOCK.
Or preferred stock is guaranteed seven
mis- cent dividend per annum; anu Httr
ence common stock has received seven per
anu the preferred Sto'k VIII H a
ear naming profits. Fly giving SIXTY
ar" notice prior to the end of the year
de preferred stock can he recalled al
me hundred five dollars 'NiVo;uol pr ~,
q to The nreferred stock shall have no No'
nav power. -, ia o.o,r
VINO the said appearers further declared
win all of said stock shall be DIVIDED lht"
con tbousand shares of the value or one
ic IN bred dollars each and that thr
I'M amount of increased capital stock shaI
loi distributed among the existing siockH
prs pro rata, as STOCK OF ny s
p of the following ratio: Each snare vi
sugar original stock to he turned IN 10 the
that | Dnrot;on and the holder thereon give
" all lien . I6l353 shares in the corpora,lo'
law | accordance with the new capltailza
eriod And the said appearers further . Hs1
date that the Directors Of this corporation.
itS DrOper officers. are hereDH tmPoN
cor antborized and directed. to issue 10
leans eXisting stockholders the said lncrt
/. and stock in the proportion above mehtl'
shall and that the said BOARD OF blrecto,
said proper officers of this corporation w
: ali are hereby authorized the said incr'
in the ropitaI stock in extending ana ehla'
off tho business of the corporation ,x,
Thus done and passed IN my OH
pur- | tbe CITY of New Orleans. aforeSal'
estab- | tho nreSence of Messrs. Frank L. Ec
ess to hal and Walter +. Hamlin. competeM ~
clared nesses of lawful age and residing III
issiOn CIV who hcreuntO subscribe their II
al in together with said appearerS anu s nir
ndise, tary, on the day and date set TOT
pro the caption hereof D,xon
iptiOn. IOriginal signpd) \. l.. DlNoh'
-Okers, nixnn LANES Hill Jr.
o buy. Witnesses: W. Il. Hamlin, FraI
tank rIa.abol
re and RFREARD 7. DAILY. Not !
,urten- T Tho undersigned, Recorder OF
he oh -. en- and for the Parish OF vi
"; to State of Louisiana. do hereby certif!
eSsary. | 80 ~ 80 and foregoing act OF amen
hEr Of incorporation Of the Gnf t NS'p da,
recorded in my office in Book l2f2'
of this recorueu III
sum of - o-,aons March 31st 1920.
100000 FNSt eM EMILE J. LEONARD.
ares of tSls oony of the original. on II
dollars - u u, IN NV notariaI office.
aid for OF recoru pEPTARD 7. DAILY. Not.
irectorS ,e,N Apr. 81