The herald., 1920-05-20
Apr. - May %
AMENDMENT TO CHARTER OF sAZ-
ERAC COMPANY. INC.

State of Louisiana, Parish OF orleans.
City of New Orleans. lie IL Known that
on this 18th day Of the month OF Aprii
in the year of our Lord nineteen nun
drrd and twenty. and of the independence
of the United States Of America. the one
hundred and fOrty-fourth, before me-
Charles r. Fletchinger, notary puDlr:
duly commissioned and qualified In ana
for tn. city parish and state aforesaid, |
therein residing. and in the presence OF
the witnesses hereinafter named ana uh,
dprSigned, personally came ana apptarru
CHRISTOPHER j. OReilly aud Joseph ~
MARTINEZ botn of lawful age and resi-
dents of the city of New orleans. hereto
appearing in their respective capacltles
AS the chairman and secretary oil the
meeting of the stockholders Of SaZerac
Comnany Inc a corporation organized
and existing under the laws OF the state
of Louisiana, by act passed before the
undersigned notary public OF date Ma!
~ 1919 aud recorded in the Mortgage VI
fic. for this parish in book lips. folio
30 which said appearcrS Severally ue-
clarcd that. meeting of the StockholherS
of SaZerac Company. Inc. was uuly heiu
and convened at the office of SAID com,
many in the city of New Orleans on April
| IL 1920 pursuant to notice TO each OF th''
| stockholders aud after compliance WIN
all legal requisites at which meeting there
! we're present in person the holders OF All
| of the issued and outstanding stock of
| the CORPORATION. aud that upon motion
| duly made aud seconded il was unanl-
| mously resolved that Article ~ OF the
| charter of said corporation be changed
! altered amended and re-enacted 50 as 10
! hereafter read as follows. tO-wit:
| ARTICLE " The capital stock OF
| this corporation is hereby fixed at the
| sum of twenty five thousand tS2o,Op) nol-
lars. divided into two hundred ana ints
| (I5OO shares of the par value of one nun
dred $1,000 dollars each. all OF when
shall be- common stock, and the amOuht
to which the capital stock may be IN
| creased is hereby fixed at the sum ot
$50 900: said stock shall be- issued only
for cash or in payment Of property or
| s.ryices actually received by or rendered
10 said corporation: said stock SHAH ne
fully paid at the time Of it's issuance anu
thereafter be worcestershire
..The parties to this act hereby de-
dared that they have subscribed fer the
number of shares of the capital stock
OF said corporation set opposite their res
p.ctjye signatures hereto. SO that TINS
: act of Incorporation snall serve a. sm'
! original subscription. No present OF luI
ture stakeholder Of this corporation shai
: ever SELL assign or transfer, other ina,
: by inheritance any Of the capitai stocs
: of this corporation, until the same shai
. have been first offered to the remaining
stockholders for the benefit OF thos'
7 stockholders who may desire 10 pnr
chase the same, through the board OF ui
I rectors. for period OF ten DAYS, At IN
l. hook value of such stock as shown D!
:. the hooks of the corporation on the JUL
q dav of June preceding the date OF sucl
y offer. II shall be the duty of the boar'
u of directors, promptly, upon RECEIVING d,
: offer Of sale of any Of the capltai stoc'
: Of this corporation to communicate tn
J. sama IN the stockholders, in writing
n IN roupb the secretary Of the company. an
y each of the said stockholders shall De en-
u titled to purchase such proportion Oh IN
u stock so offered for sale as the nunhDe
q of shares owned by him bears 10 IN
y number Of shares owned by all otne
y Stockholders desiring to participate in TN
" purchase No sale under 1oreclosur'
'e pledge or hypOthecatiOn shall be valid
~ made until the foregoing requirement
:. have been complied with by the perso
D. or persons firm or corporation provoklh
!, such foreclosure or sale. Inc poaru /,
~ directors shall have authority, howeVe
IS TO waive the above requirements as
rs any particular hypothecation or plede
~ of stock by resolution adopted at reg
p Mar called meeting Of the board. or
meeting attended by all the members
n the board of directors. such resoinuo
n being adopted in advance Of the piedt
=, or hypothecatiOn."
az Said appparers further declared tn
"A In addition to the passage Of the resol,
no ton authorizing the amendment 70 q
hs charter in the particulars hereinbero
nd enumerated they were also authorized,
Id rected and empowered to appear before
by notary public. for the purpose OF carryI'
he ont and giving effect 10 said amendNe
n. TO the charter. and having the sane plac
to. in authentic form and thereafter record
ali and published in conformity with the
,er isting provisions Of the law relating thel
tai TO. ali as win more fully and at large q
me pear from the resolutions adopted at s.
re- stockholders meeting. a copy wnere
Dr. Dr. said appesrers further declared tn