The herald. [volume] (New Orleans, La.) 1905-1953, 1920-09-09
AMENDMENT TO CHAHrER OF LUCAS
f.. MOORE STAyE COMPANY.

United States of America. State of Lou
isiana, Parish of Orleans. City of New Or
leans. BE it known, That on this 24tf
day of the month of August, in the yeal
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, vii
liam J. Guste 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 +. Moore
Vice President and Secretary of Lucas Il
Moore Stave Company, 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, or
June Goth. 1905; recorded in Mortgage
Office Book S13. Folio 662; which charter
was amended by act before Charles Il
Soniat, Notary Public. on May 10th. 1911
and recorded in Mortgage Office for the
Parish of Orleans, in Book 101S, Folio 641
also by act before NJ C. 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 Book
1885, Folio 354: also by act before Philip
Gensler, Jr.. Notary Public, on March 18th
1917, recorded In Mortgage Office for the
Parish Of Orleans. In Book 12o6, Folio ~
also by act before Philip Gensler, Jr., No
tary Public, dated May 9th. 1918; record
ed in Mortgage Office Book =. Folio
-, who declared, that at a special meet
ing of the stockholders of Lucas 4. Moore
Stave Company, held at the office Of the
corporation, on the 10Th day of August
1920. at 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; war
unanimously resolved that Article Nv OF
the charter Of the corporation be amended
SO as to read as follows:
The capital stock of this corporation is
hereby declared to be one million Nl.-
OOO. 0OO) dollars, as authorized, to be d.
yided into four thousand shares OF par
value of one hundred (S1OOOO dollars
each of authorized preferred stock, 10 De
paid for in cash, and six thousand shares
of par value Of one hundred (SlVoJoO) doi-
lars each of authorized common STOCK, 10
be paid for in cash. the additional stock
TO remain in the treasury and to be issued
by the. Board of Directors on such terms
and conditions as they may see Ilt: pro,
yided that said stock shall not be issued
or sold for less than its par vaiue. ine
preferred stockholders shall have the hrst
right to subscribe to the authorized pre-
ferred stock, and the common stockhold-
ers shall have the first right TO subscribe
to the authorized common stock. Inc 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 ilrst
day of July each year, which DIVIDEND
shall be cumulative, and no dividends on
the common stock shall be paid until all
dividends due and cumulative on the pre-
ferred stock shall have been paid or set
aside. The common stock shall receive
the remainder of the net earnings OF the
company, or so much thereof as may be
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
day 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