The herald. [volume] (New Orleans, La.) 1905-1953, 1920-03-04
AMENDMENT TO CHARTER OF y 7
YOUNG COMPANY, INC.

State of Louisiana. Parish Of Or,o,n,
city OF New Orleans. BE it known. Thai
on this. the Goth day of February. in the
year 1920. and of the Independence Of the
United States of America the one hup.
dred and fOrty-fourth. before me. Charles
| +. FletchinCer, Notary Public. dulV
commissioned and qualified in and for
the City. Parish and State aforesaid
therein residing, and in the presence Of
the witnesses hereinafter named and IN.
dersigncd, personally came and Appeared
Mr.. Il. Palmer Hardir of lawful age, 4
| resident of the City of New Orleans, and
Mr.. Elmer i. Young. also of lawful age
a resident of the City of New Orleans
hereto appearing in their respective capsc-
lilies as the Chairman and Secretary Of
a meeting of the stockholders Of r.
Young Company, Inc, a corporation Or
ganiZed under the laws of the State Of
Louisiana. by act passed before the under
signed Notary Public, of date January
D, 1920. recorded in the mortgage Office
for this parish, in Mortgage Book 1875
Folio 3SS which said appearers severslly
declared that meeting of the stockheld-
erS of f. ]. Young Company. Inc, was
duly held and convened at the Office Of
the Company, in the City of New Orleans
there were present in person the holders
of all of the issued and outstanding stock
of the corporation, and that upon motion
duly made and seconded. il was unani-
mOuSly resolved that Article " Of the
charter of the corporation as then coz
stituted be changed. altered. amended and
re-enacted so as to read hereafter as fol-
lows, to-wit:
ARTICLE IV.-The capital stock Of
this corporation is hereby fixed at the
sum of one hundred thousand ($i00eW)
dollars. divided into and represented By
one thousand $1,000 shares Of the par
value fone hundred Csi0O) dollars each,
all of which shall he common stock, and
the amount to which the capital stoci
may he increased is hereby fixed at the
sum of S1500O0 The said stock shall be
issued only for cash or in payment OF
property or services actually received BY
or rendered to said corporation; said
stock shall be fully paid for at tte time
of it's issuance and thereafter be non-as
sesSable. Fifty per cent Of the capital
stock or the sum of $4,000 shall be SUB
scribcd and shall be actually paid In BE-
fore the corporation engages In business
under this amendment of it's Charter
The residue of the capital stock shall De
held in the treasury of the corporation
to be issued and paid for. subject to ne
future action of the Board of Directors
I'm conformity with the existing provisions
of the law relating thereto. Said sppeaf-
erS further declared that in addition 70
the passage Of :he resolution authorizing
the amendment to the Charter in the par
ticularS hereinbefore enumerated, tneI
were also authorized. directed and en-
powered to appear before a Notary PubN
for the purpose of carrying out ana CIV
ing effect TO said amendment to the CbsI-
ter and having the same placed in prop
form and thereafter recorded and puo
liShed in conformity with existing ply,
visions of the law relating thereto. al a
will more fully and NJ large appear III
the resolutions adopted at said stocKnoia,
erS' meeting. a COPY whereof. duly eer~
fed is hereto attached for reference
Said appearers further declared tnat y
with the authority coniefreu
upon them rs aforesaid, they have ~.
pearpd before me, said Notary tor -.
purpose Of having the amendment 10 ~.
Charter Of the Corporation placed In AZ
thentic form. and do hereby declare us
the Charter of the F. J. Young Comps-s
Inc. was at said meeting Of the So"
holders amended, changed and aHefeu
the particulars hereinbefOre set OUT. ~
that they now desire me, Notary, 80.
ccivP and make said amendment ene,S
and thereafter to record and pnollsn "a
according 10 law, 10 ser'ei
avail as the future shall or may reiu", 4,
Thus done and passed at my on".
the CITY of New Orleans. on tne 80.
month and year first hereinaoove ~ "a
in the presence of Salvador Scnlheci .ho
Frances Eisler. competent witnesses ,-,th
hereurtO sign their names, together h.s
said appearers and me, Notary, aiter
reading of the whole. u.,ai,
Original is signed: r. Palmer hA's
Chairman: f.. 7. Young. Secretary.
witnesses: 6. Schilleci. +. ElsT,ph
CHAS. 7. FLETCHINGER, NOT, rTo,t.
I. the undersigned, Recorder Oh hsre-
Cages for the Parish Of Orleans 90 .,os
by certify that the above ana 1orstv
Act of Amendment 10 the Charter VI Srly
Young Company, Inc, was TINS 1s' voIio
recorded in my office in Book lZSo'
-. , =. Neg
AS witness my hand and seal az ,s,y
Orleans. La, this 2Sth day OF feOio
1920. o NJ n.
(Signed) EMILE J. LEONARD ~. ,eeo-
| hereby certify the above ana ~ % the
ng to be a true and correct copy 10
original copy of the Act Of AmendmI, Inc.
he Charter OF Z. l. Young Compsny.
low on file and Of record in my OIL nosI At
As witness nv hand and notsrlai % Feb
New Orleans, La, this 2sth "a! VI
-uary. 1920.
(Seal) -. puh
Mch. 4-Apr.