The herald., 1921-06-09
AMENDMENT TO CHARTER OF CHAL.
METTE OIL REFINING COM
PANY, INC.

United States of America, State Of Louis
lana, Parish of Orleans. Be 1t known,
that on this Bird day of the month Of May.
in the year of our Lord one thousand nine
hundred and twenty one and Of the Inde-
dendence Of the United States Of America
the one hundred and f0Bty fifth, before
me, Watts X. Leverich, Notary Public,
duly commissioned and qualified, In and
for this City and the Parish aforesaid
therein residing, and in the presence OF
the witnesses hereinafter named and un-
dersigned, personally came and appeared
Felix p. Vaccaro, and X. p. Batson, here
| in appearing in their respective capacities
as the duly authorized Chairman and Sec
rotary Of a meeting of the stockholders
| Of the Chalmette Oil & Refining Company,
Inc, a corporation organized under the
| Jaws Of this State. by act passed before
! the undersigned Notary, on the End day
of January, 1921, as will more fully appear
| by- reference to certified copy of the
| Minutes of said meeting hereunto annexed
| for reference;
of the stockholders of said Corporation
held pursuant to a call of the Board OF
| Directors and likewise pursuant to the
| unanimous consent of all the stockholders
at the office of the Company, in the City
of New Orleans. on the Bird day Of May
| 1921, 1t was unanimously voted by vote
| of all the outstanding capital stock OF
the company to amend Article Nv, SO a:
to provide that the presently authorized
| capital stock of the Company should be
fixed at the sum of Two Hundred Fifty
Thousand $3.50, 000.O0) Dollars, divided
into and represented by Two Thousanc
Five Hundred (2,5O0) Shares of the pal
value of One Hundred ($10OOO) Dollars
per share, the remaining provisions of Ar
| ticle Nv to remain unchanged, so thai
the said Article Nv shall hereafter reac
and be as follows:
| ARTICLE Iv.-The capital stock Of thi!
corporation is hereby fixed at the sun
l ~ lSGE0
OOO.o0) Dollars, divided into and repre-
sented by Two Thousand Five Hundred
| t2.500) shares of the par value OF on
hundred (s100.00) dollars per share. TIL,
to Ten Hundred Thousand $1,000 ,O00.o 90
Dollars. No transfer Of stock shall b
binding upon the Corporation unless mad
and recorded upon its books. No stock
holder shall have a right to transfer Of
convey any Of his or her stock IN the cor
poration unless and until he or she shall
have first made a written offer to tn
other then stockholders Of the corporation
and to the corporation itself, to sell his o.
her stock to them at the book valu
is hereby defined to mean the value
which the assets and liabilities OF the cor
poration have been in good faith entere.
upon its books. Such written offer shsl
be addressed to the other then stockhold
ers. and to the corporation itself, col
lectively, and shall be delivered to III
office Of the corporation not less than te
days prior to the application for transfe
!; of the stock. The corporation shall trans trans
nit this offer to the respective then stock
holders, and the stock Of the stockholde
desiring to sell shall be distributed pr
| rata among such of the other stockhoid
| ! ers as desire to purchase, in the proper
: tions in which the holdings Of the stocl
holders DESTROYS Of purchasing bear
each other: and II the total which sue
. other stockholders desire to purchase