The herald. [volume] (New Orleans, La.) 1905-1953, 1920-09-02
AMENDMENT To CHARTER OF LUCAS
T.. MOORE STAyE COMPANY.

United States of America. State of Lou
isiana, Parish of Orleans. City of New Or
| leans. BE il known. That on this oath
day Of the month of August. in the year
of our Lord, one thousand nine hundred
and twenty, and of the Independence of
the United States of America the one
hundred and forty-fifth. before me- Will
liam j. Guste, n Notary Public. duly COM
missiOned and qualified. in and for the
above parish and State. therein residing.
and in the presence Of the witnesses here
matter named and undersigned. person.
ally came and appeared Lucas T.. Moore.
Vice President and Secretary of Lucas f..
Moore Stave Company. n corporation or
ganiZed and created under and according
to the laws Of the State of Louisiana by
virtue of act of Incorporation passed be-
fore Charles T. Soniat. Notary Public on
June 10th. 1905; recorded in Mortgage
Office Book Sl3 Folio $50: which charter
was amended nv act before Charles T.
Soniat. Notary Public. on Nav 18th. 1911
and recorded in Mortgage office for the
Parish of Orleans, in Book 1918. Folio Gal !:
also by act before NJ G. Soniat. Notary
Public. on June 18th. 1914 recorded in
Mortgage Office for the Parish of Orleans
in Book 1927. Folio 173 also by act before
Philip Gensler. Jr.. Notary Public. on
March 18th. 1916. recorded in Mortgage
office for the Parish of Orleans. in Rock
1885. Folio 3A: also nv act before Philip
Gensler, Jr.. Notary Public. on March 18th
1917, recorded in Mortgage Office for the
Parish of Orleans. in Book 1906. Folio 400 !:
also hv act before Philip Gensler. Jr.. No
tary Public. dated May 9Th. 1918: record
ed in Mortgage office Book - Folio
--. who declared. that at special meet
ing of the stockholders of Lucas +. Moore
Stave Company, held ut the office of the
cornoration. on the 10Th day of August
1920. Mt which meeting all of the capital
stock of said corporation was present or
represented by the holders and owners
thereof in person or by proxy. II was
unanimously resolved that Article " Of
the charter Of the corporation be amended
so ms to read as follows:
The capital stock of this CORPORATION is
hereby declared to be one million ISL
OOO.Owl dollars. as authorized. to he di-
vided into four thousand shares of mar
value of one hundred (s1O0OO) dollars
each Of authorized preferred stock. to be
paid for in cash, and six thousand shares
of par value of one hundred (S1OOOM dol
lars each of authorized common stock TO
be paid for In cash the additional stock
TO remain In the treasury and to he issued
by the Board of Directors on such terms
ana conditions as they may see fit pro-
vided that said stock shall not he issued
or sold for less than its mar value The
preferred stockholders shall have the first
right to subscribe to the authorized nre-
ferred stock. and the common Stockhold-
ers shall have the first right 10 subscribe
10 the authorized common stock Tho pre-
ferred stock shall receive dividends at
the rate OF eight per cent per annum and
no more. out of the profits of the COM
pany, payable in semi-annual installments
on the first day of January and the first
DAY OF July each year. which dividend
shan be cumulative. and no dividends on
the common stock shall he paid until all
dividends due and cumulative on the pre- |
ferred stock shall have been paid or set !
ASIDE. The common stock shall receive |
me remainder OF the net earnings of the |
company. or so much thereof as NAV no
distributed by the Board Of Directors and
NOT reserved for such surplus or undivided |
profits or special reserve fund as herein |
after stated. Ten days before the first |
Jay OF July. 1921. and each year there
AFTER; so long as the preferred stock shall
remain outstanding. there shall be set /
apart and deposited with the Registrar as