The herald. [volume] (New Orleans, La.) 1905-1953, 1921-07-21
AMENDMENT TO CHARTER OF SOUTH
ERN INVESTMENT COMPANY, INC.

United States of America, State of Louis
lana, Parish of Orleans, City of New Or
leans. Be it known, that on this first day
of the month of July, in the year of our
Lord One thousand, nine hundred and
twenty -one and Of the Independence of
the United States Of America the one hun
dred and forty fifth, before me, Arthur A.
Moreno, a notary public, duly commits
and the Parish of Orleans, therein residing,
and in the presence of the witnesses here
matter named and undersigned, Personally
came and appeared: Leon Irwin, who de-
clared that a general meeting of the stock
holders of the Southern Investment Com
pany. Incorporated, a corporation organ
lied by act passed before me, the under
signed notary, on the 18th day of January.
1920, recorded in the Mortgage Office of
this Parish in Book 1898. folio 2S6, and
amended on the 23rd of August, 1920, by
act before me, recorded in the Mortgag e
Office of this Parish in Book 1916 Folio
POS, and again amended on the 9Th Of Oc-
tober, 1920, by act before me- recorded in
the Mortgage Office of this Parish in Book
1915, Folio 511, held at the office of the
said company on the 9th day of Deem
Der, 1920. he was. elected secretary of the
said stockholders meeting, as will more
fully appear by a certified copy of the
minutes of the meeting annexed hereto for
greater reference, and he, as secretary of
the said meeting, was authorized and en-
powered to appear before me for the pur-
pose of amending the said charter of the
said Southern Investment Company, In
corporated.
And the said appearer, as secretary of
said stockholders meeting and acting in
said capacity and on behalf Of said corpo-
ration by virtue Of the authority conferred
upon him at the general meeting of the
said stockholders, declared that the char
ter of the Southern Investment Company.
Incorporated, passed before me- the under
signed notary. on the 18th day of jan
hoc Ill
amended so that Article " Of said original
charter shall read as follows:
The capital stock Of this corporation
shall consist of Two hundred and fifty
thousand ls250.O00.0Ol dollars Of common
stock of the par value Of One Hundred
lS1OOAO Dollars per share. divided into
Twenty five hundred (250O) shares, and
Five hundred thousand $500 O0O0O) dol
lars Of preferred stock, divided into five
Of one hundred (s100O0) dollars per share.
Inc common stock may be increased to
nve hundred thousand $500, 900 O0) dol
lars, divided into five thousand (5.OOO)
shares Of the par value Of one hundred
SlOOOU dollars per share. Each share of
common stock shall be entitled to one vote.
either in person or by proxy at all general
eiections or meetings Of the stockholders.
The preferred stock shall have no voting
power, but there shall be paid on the pre-
ferred stock 7o1 per annum. which shall
De accumulative, and the preferred stock
shall be entitled to one-fourth (A) of the
earnings OF the corporation after there
mas been paid out of said earnings in any
one year on both the common and pre-
ferred stock dividend of 49,"
And the said appearer moreover de-
ciared that In consequence of the forego-
ing and pursuant to the authority in him
vested by the stockholders of said com
pany, ne does hereby formally declare and
puoiiciy make known that in the manner
prescribed by law and agreeable to the
provisions of the charter of the said
southern Investment Company, Incorpor-
ated, passed before me. the undersigned
notary, has been changed, altered and