The herald. [volume] (New Orleans, La.) 1905-1953, 1920-07-29
AMENDMENT TO CHARTER OF
UNITED CHINA GLASS COMPANI

United States of America, State of Lou
/ iSana. Parish of Orleans. city OF New
/ Orleans. BE it known, that on this 18th
day of the month of June, in the year OF
( our Lord one thousand niue hundred and
/ twenty, and of the Independence of the
/ Inited States of America, the one hundred
| and foTty-fOurth. before me. William J
Guste. a Notary Public, duly commissioned
and qualified. in and for this City ana
] the Parish of Orleans. therein residing.
4 and in the presence of the witnesses here
/ matter named and undersigned, person
| ally came and appeared Joseph W Moses.
! President of the United China & Glass
| Company. corporation qu,y organized
and created under the laws of the State
/ Of Louisiana. by act passed before Felix
| J. DreyfOus, Notary Public, on April 9th
/ 1905. and duly recorded in Mortgage Office.
| in and for the Parish of Orleans, State of
| Louisiana. in Book 012, Folio IS. who de
| clared that at a special meeting Of the
! stockholders of the United China & Glass
Company. held at the office of the cOrpor-
alton. in this city on the 18th day of June.
| 1920, at which meeting all of the capital
! stock of said corporation was represented
| by the holders and owners thereof. in
| person or by proxy. 1t was unanimously
| resolved that Articles III. ", vi. VII.
VIII. IN, y, NJ and XIV of the charter of
| the company be amended so as to read as
| follows, to-wit:
| ARTICLE III-The capitaI stock of this
corporation is hereby fixed at the sum Of
5000, 10000. divided into and represented by
1000 shares of the par value of 500. 90
each. said STOCK shall be issued in two
classes, the first to be known as Class
\ stock and the second to be known as
| Class Il stock. The amount of Class \
stock is fixed at the sum of $ll5.000.OO,
| shares of the par value of $4,000 each.
| Said Class \ stock shall be made up OF
| the present outstanding capital stock of
| the corporation heretofore issued and out
| standing at this time. consisting of 1.l5O
| shares of the par value of $4,000 each.
I he amount of Class Il stock is fixed at
! the sum of $50, 10000, divided into and
represented by $50 shares of the par value
of $4,000 each, which shall be paid for l
cash or issued by way of stock dividend
for accumulated and undistributed profits
IL Is hereby made term and condition
the issuance, delivery and acceptance o
! Class Il stock that same is issued. deliv
cred, accepted and held upon the cOndi
ton. understanding and agreement
the said Class stock shall enjoy no right
or power to vote for any purpose what
sOever. In all other respects Class Il stocE
of Class \ stock. All voting powers ar,
hereby vested exclusively in Class \ stock
All shares of stock shall be fully paid anC
non assessabie. No transfer of stock shall
be binding on the company unless record
ed on its books and made in pursuance 1
lisa charter and bylaws. This corpora
ton shall commence business as soon .
1000 shares of the capital stock shall hay,
been subscribed and paid for.
ARTICLE IV.--All the corporate power
Of this corporation are vested in and shall
be exercised by a Board of Directors, to b,
ssBIo 10 sL5pIoqH0ols u5A5s 10 pssodWo
and Tor Glass Il stock. three of whom
shall constitute a quorum for the trans
action of business. The Board of Direc
tors shall be vested with full power an,
authority to adopt and enforce bylaws
rules and regulations for the government
and management of the business and af
fairs of the company, and to alter ano
change the same at pleasure. The Presi
dent shall direct and control the bushes
and affairs of the company. He shall ap
point, hire and discharge all clerks agent
and employees. and fix their salaries, sub
jet to the approval of the Board. Tn
salary of the President shall be fixed b,
the Board OF Directors. The Board of hi
rectors may create an executive commit
tee, and shall have other committees a
may be deemed necessary and useful il
connection with the business of the com
pany, and prescribe the duties and power
OF the same. A Director who Is about {
depart from the city or who is temporary
absent therefrom, may authorize any othe
Director 20 represent him during such alb
sence, with the same powers that tn
Il principal could exercise If present
nonresident Director may appoint anothe
j Director to represent him under the sam
1 conditions and with like power in the sub
stitute. The Board of Directors of thi
corporation who shall hold their offIc
| until the 30th day of April. 1921, or unit
/ their successors are duly elected and quail
fled: shall be: Joseph W. Moses, NJ T
| {. n. Worms, s. T. Alcus, Mrs. Joseph W
Moses. With the following as officers o
| the company: Joseph W. Moses, Presi
dent; NJ. p. Scheyer. Vice President: ]
I Turk, Secretary. There shall be a Secre
tary, who shall perform the usual func
| lions of such officer, and who need not b
| stakeholder. and who shall hold hi
| office at the pleasure of the Board of hi
| rectors. He shall furnish bond at the dis
| erection of the Board. On the Both day o
| April 1921. and annually thereafter, or o
/ the day before, should that day fall on
/ Sunday, a meeting of Class A stOckhold
l ers for the election of Directors shall
| held at the office of the company. TIL
| Directors thus elected shall continue 4
| office for one year, and shall hold offic
| until their successors are duly elected an
/ qualified. Each Board shall elect its ow
i officers, viz: a President, one or NOR
| Vice Presidents and a Secretary and Treas
| urer. The offices of Secretary and Q
! Treasurer may be combined. The Presi
dent shall also be general manager of tn
I corporation. All elections for Director
shall be by ballot and the majority o
| the votes cast shall elect. and each shar
| Of stock shall be entitled to one vote
| either in person or by proxy. Write
] notice Of this election shall be given {