The herald. [volume] (New Orleans, La.) 1905-1953, 1920-05-27
CHARTER.

rpciorS for a period of ten days. at ths
book value of such stock, as shown d!
the books of the corporation, on the 3lst
day of December last preceding the date
OF such offer. 1t shall be the duty OF
tn" Board of Directors, promptly upon
receiving an offer of sale of any OF the
capital stock of this corporation. 10 com
municate the same to the stockholders,
in writing. through the Secretary OF the
Company, and each of the said stOckhold-
ers shall be entitled to purchase Such pro
portion of the stock 80 offered for sale
as t1c number of shares owned by MN
at the time bears TO the number OF shares
owned by all other stockholders, desiring
10 Participate i'll the purchase. NO sane
under force lOSurr. attachment or other
profess. or by virtue of any power OF
attorney. pledge or hypOthecation, shall
b. validity made until the foregoing re
| uuirrmrutS have been complied with by
| the person or persons. firm or corpora
| ton provoking such foreclosure or sale
| The BOARD of DIRECTORS shall have author
| lily. however, to waive tn" above require
| mrnt> ~ to any particular hypoth"catlon
| or pledge Ot stock. by resolution adopted
| at a regular called meeting of the Board.
| or at "A meeting attended by all the mem
| beers of the board Of directors, such re>o
| luton being adopted in advance Of III"
/ plrdg" or hHpothe"ation.
! If any person not connected with tn"
! corporal lou as officer. director or employed
| should at any tim" become the holder Of
| one or more shares of the capital stock
! of the corporation and should tn" dlNl-
| drudS applicable to said stock IN any
| wear equal or exceed ten per cent. III
| amount. then and in any such event or
events, tn" dividends payabl" 10 non
employc. holders of such stock shall never
| exceed ten per cent. in amount, the OK
| cess if any, STALL he applied to surplus
| said app"aTcrN further declared thal Ill
addition to the passage Of the resolution
authorizing III" amendment 10 I'll" char
ter in the particulars her"inb"for" enuii,
Grated. they Ner" also authorized. dirrcte"
and empowered to appear before NotdrH
Public for the purpose Of carrying oul
and giving effect to said amendment t.
the charter aud having the same placed
in proper form and thereafter recorded
aud published in conformity with rNl>t
iu. provisions Of the law relating there
to- All aS will more fully and AT larS" ap
! pear from the resolutions adopted at sac
stockholders meeting. copy WHEREOF
) duly certified, il hereto attached for ref
,r, nee.
Said appcarrr> further declared that II
: conformity with the authority conferred
: upou ILcu a. aforesaid. they h;iN" ap
, | ppurrd before me, said Notary, Tor IN
purpU>, Of having the amendment 10 IN
I,hart1r Oi the corporation placed III au
| ihrnrir form. and do hereby declare tina
the charter of The New Orleans Picker.
/, wa~ AT said meeting of the Stockholder
amended changed and altered III the par
ti,.ularS hprciub"fOre set OUT. ana ina
: rb..y now desire me- notary, to receive an
make said amendment according to law
to serve and avail ~ I'll" iuiure Shal
! CT may require.
Thus donr aud passed at my office j
the Rty of New Orleans. on the day
r. month end year first herrinab0ve writ
n ten in the presence of Frances ElSler an
: Irn, Stiuc Woringcn, competent witnesses
: who hcreuntO sign their names, tOStthe
l with said HppearerS and me-. notary ate
| due reading Of the whole.
: ,pririnal is signed \. +. Pugh, chair
: man: jos. \. Airey, secretary
| " i'm >>">.
+. Ei~lcr.
T.. v Oriug"n. .
,, CHAS. +. FLETCHINGER,
u Notary Public.
u the undersigned. Recorder Of Mort
J. .;,.., in and for the parish Of orlean
:, .tut. OF Louisiana. do hereby certify tn:
= the above and foregoing Act OF AMEND
: m,nt to the charter Of The New Orlrai
= ! pi-ErrV il this day duly recorded III IN
| office in book l2i2 folio
/ New Orleans. April Ii. 1920.
(SignedD EMILE J. LEONARD. ID. X.
u | hereby certify the above and f0reG'
e ing 10 b. true and correct copy
n :hc original act of amendment TO u
e charter of The New Orleans Pickery. I
/; yrIhpr with certificate Of the Recorder
4 Mortgages thereto appended. as the who
L. now appears on fiji" and of record III II
office.
NJ A> witness my hand and nOtarial So
ut New Orleans, La, this. the ltth d;
st of April. 1920. .,
;: Notary Public.