The herald., 1920-04-29
AMEN DMENT TO CHARTER OF GIIE
MOTOR TRICk COMPANY. INC.

United STATES of America. State of Lon
lNIaHd, Parish 81 Orleans. city OF New or
leans. he it known. That On this twenty
seventh day Of III" month of March. ia Iht
year OF our Lord. one thousand nine hun
dred aud twenty. and of the Iudrprudpur,.
oi the ultCd States OF America the ON.
hundred and forty fourth. before me. Der
nard J. DAILY. Notary Public duly com.
mi>>ioncd and qualified in aud for ia,
Parish of Orleans. State of Louisiana. and
IN th" presence OF th, Witnesses herein
after named and undersigned. personally
came and appeared 90 Archibald L. Din
on. Individually ana as the uroNy OF
Thomas Dixon, said Archibald l.. Dixon
being the duly elected aud uualified Pres
ident Of the Gulf Motor Truck Company.
Incorporated. - Mrs Euth NJ Nouur
aided. assisted aud authorized 10y her said
husband. and g. James Hin. Jr. who de-
"larrd that. collectively. they own more
than twO-third> of the entire outstanding
capital stock. of all CLASSES. in the above
named corporation. that on the :;rd DAY
Of March, 1870. pursuant to call issued
10 all tn" stockholders of the said cor
pOratiOn. in accordance with the terms and
provisions of ia" original act Of incurpOra-
ton of the above named company. and the
laws of the State of Louisiana Il special
meeting of the stockholders of the said
corporation was hold ut its office and
dOmiCilc. No. T4S Iaronur street in this
city. whrreat. 10y Il vote of more than two
thirds of the entire outstanding capital
stock. of all classes. of said corporation. a
resolution was adopted. authorizing the
amendment Of Article I of the original
act of incorporation of the said company
a. follows. Il duly certified COPY of which
resolution i attached hereto as part
hereof:
ARTICLE Whereas. the capital
stock of the said Gulf Motor Truck Com
pany. Incorporated. as fixed by the Origi-
nal articles of Incorporate ion. is fixed AT
ten thousand dollars (SlOOOO.OOJ, divided
into one hundred shares of the par valu"
Of one hundred dollars (SlOO.OOl each and
Whereas. the said corporation has per
manent property and assets. of the value
of twenty seven thousand. six hundred
thirteen and - 100 dollars (S2I.Gl3.E3
which i represented by cash. HmOuntin!:
10 twelve hundred Scvrnty-One and 9S 100
dollars (Sl.2I1.9Nl. and the balance by
merchandise. bills receivable and ct cetera.
a> will more fully appear by q duly Ger
titled statement. hereto ANNEXED as part
hereof: and
Whereas. IL j. desired. in accordance,
with the said resolution, to enlarge and
extend the business of the corporation.
and that the stock of the corporation he
also increased. the said appearcr> further
declared that the capital stock of this cor
poratiOn shall he. and is hereby increased
from said sum of ten thousand dollars
tSlOWOl 10 the sum of on" hundred thouS-
and dollars (SlO0OO0D. of which seventy
five per cent shall he common stock and
twenty five per cent preferred stock. The
preferred stock il guaraUteed seven per
cent dividend per annuSl. and after the
common stock has received seven per cent
the preferred stock will share in the re
naming profits Iy giving sixty DAYS
notice prior to the end of the year the
preferred stock can he recalled ut one
hundred fiv" dollars (SlGjOOI per share
The preferred stock shall have no voting
power.
In accordance with said resolution
the said app"arers further declared that
all of said stock shall be divided into one
thousand shares. of the value of one hun
dred dollars each: aud that the said
amount Of increased capital stock shall he
distributed among the existing stockhOld
erS. pro rata. aS stock Of dividend. at
the following ratio: Each share Of the
original stock to he turned in to the cor
pOratiOn. and the holder thereof given in
lieu 2.16l3J3 shares in the corporation. in
accordance with the new capitalization
And the said appearers further declared
that the Directors Of this corporation. and
its proper Officers. are hereby empowered
authorized and directed. to issue to the
existing stockholders the said increa Sed
stock. in the proportion shove mentioned
and that the said Board of Directors and
proper Officers Of this corporation he and
are hereby authorized the said increas !
capital stock in extending and charging
the business of the corporation.
Thus done. and passed in NV office, in
the City of New Orleans. aforesaid. i'm
the presence of MeSSrS. Frank 7. EchPZa-
hal and Walter II. Hamlin. competent wit
nesses of lawful age and residing in this
city. who hcreuntO subscribe their names.
together with said appearers and me. No
tary. on the day and date set forth in
the caption hereof.
Original Signod) \. l.. Dixon, Il. VI.
Dixon. James Hill. Jr.
Witnesses: W. Il. Hamln. Frank 7.
EcheZabal.
BERNARD ]. DAILY. Not. Pub.
l. the undersigned. Recorder Of Mort
cages in and for the Parish of Orleans
state of Louisiana. do hereby certify that
the above and foregoing act of amendment
Of incorporation of the Gulf Motor Truck
Companv. Incorporated was this day duly
recorded in my office in Book 1912, Folio
New Orleans. March 31St 1920.
(Signed.) EMILE ]. LEONARD. V. X.
4 true copy of the original. on file and
of record in nv nOtarial office.
BERNARD J. DAILY. Not. Pub.
(Seal) Apr. SHAY IL