The herald., 1920-08-26
ACT OF AMENDMENT TO CHARTER
OF CITY SALES AGENCY,
INCnRpOR ATEn

1
| United States of America, state of Lou
| isiana, Parish Of Orleans. City of New Or
| leans. BE IL known, that on this twenty
ninth day Of the month OF June. in the
| year of Our Lord. one thousand. nine hun
| dred and twenty: Before me. Charles
Schneidan, Notary Public, duly com
missioned and qualified in and for the
| Parish of Orleans, State of Louisiana
therein residing, and In the presence of the
witnesses hereinafter named and under
| signed, personally came came and ap-
peared Benjamin Dreyfus. the President,
| and Alex Il. Dreyfus, the Secretary of the
City Sales Agency, Incorporated, a corpOr-
| alton organized under the laws of the State
| of Louisiana. dOmiciled in the City of New
| Orleans, who declared that, pursuant to the
provisions of q resolution duly adopted at
| a meeting of the stockholders of said cor
poration, held on the 18th day of May,
| 1920. duly certified copy of which said
| resolution is annexed hereto for reference.
and for the purpose of carrying out the
| purposes and intents of said. meeting, they
do hereby declare that, acting pursuant to
| the provisions of said resolution, Article
| Nv of the charter of said corporation is
| hereby declared to be amended, in order
TO read as follows. to-wit:
ARTICLE lV.-The capital stock of this
corporation is hereby fixed at the sum Of
one hundred thousand dollars $500 000),
divided into and represented by two thou
| sand (20O0) shares at par value of fifty
dollars $4,000 each, to be paid for in cash
or its equivalent in property. No certifi-
| cate of stock shall be delivered or issued
unless II is fully paid for, or for property
purchased or leased. No stakeholder shall
ever be held liable or responsible for the
faults, contracts or debts of this corpora
ton in any further sum than the unpaid
balance due to the corporation on the
shares of stock subscribed for by him nor
shall any mere informalty in the Organi-
zation have the effect of rendering this
charter null or of exposing a shareholder
to any liability whatsoever, other than
above: nor shall the stock be subject to
assessments. The corporation shall begin
to do business and be a going concern as
soon as fifty thousand dollars ($50.000.o0)
of the increased capital stock herein fixed
has been subscribed and paid for.
ut is hereby provided that before any
stock can be Offered for sale by any holder
thereof. notification shall be given TO the
Secretary of the Company of the intention
to sell said stock. and any stakeholder.
within ten UOD days from the receipt of
such notification by the Secretary. shall
have the right TO purchase such stock so
intended to be offered for sale, for cash,
at the book value. as shown by the books
Of said corporation at that time"
Thus done and passed, at my office, in
the City of New Orleans. Louisiana. on the
day, month and year herein first above
written, in the presence Of Freda CHASER
and Fern Overholser, the undersigned COM
petent witnesses, here residing. who here
unto sign their names with said appearers,
and me, Notary, after due reading Of the
whole.
Original signed):
Already issued and pale FOR one hun
bred shares.
B. Dreyfus. 4417 Carondelet Street, New
Orleans, La, subscribes for nine hundred
shares.
Alex F. Dreyfus. AIT Carondelet Street.
New Orleans, La, subscribes for fifty
shares.
Witnesses:
Freda Chaser Fern Overholser.
(SeaD CHARLES SCHNEIDAU.
Notary Public.
Original Subscription List Shown
Aboye)