The herald. [volume] (New Orleans, La.) 1905-1953, 1921-01-20
CHARTER.
OF CHARIsa Of -.
ORLEANS DEtt tO.L.C W"

Tnited Sc of Amrr.ra State Of Lon.
leans. BE il known. Tuut uu ..r, gth a.
OF November. ia the year 1870 before my
Warren '. Miller notary MiI#.. JnIr
commissioned and qualified .r. in ny ttS
presence Of the uudcr~IgIlr uIrt.~..s 49,.
>onally came and appeared W Il W..
and Jules W Olhrrttc, Who did declare tbos
hhcy are the President and S,rr,rar, -,
.pectlyely, of the New Orleans Drug 90
Inc corporation organized Lv Art h.
fore the undersigned notary on ortobo.
l3th, 1920. and recorded in Nortyar. GA,
of thiS Parish, IN Book 1916 Folio 400 ana
mat said SppcarrrS declare that at Il snn-
Clal meeting of the stockholders af Ia
corporation. held on thf. day. AT which
all of the stockholders were present a 80
tined copy of the minutes of said mnotin,,
benz hereto annexed. Article Three nf th
'harter OF said corporation was BY upani-
nous vote amended 50 as 10 read a, fol
lows. tO-wit: 81 iVI
ARTICLE III-Thp capital stock %
this corporation is hereby iIv,, M M. ~,
nt hfty thousand dollars, and is divided
INTO ten thousand dollars of common Sci,
represented lay one hundred shares of tb.
par value of one hundred dollars oh "a
forty thousand dollars of prrf.rr.l 81
represented 10y four hundred shares of tba
par value of one hundred dollars -.
each of which GLASSES of stool, rl,y d. a.
creased up to five hundred thgus3nd al
lars; each of the classes OF stock shall -.
OF the par value OF one hundred doII,rs
each. The common stock shall ba .rt;,IiI
10 NOt" in all of the affairs of tl, cnrnor,
non, ana may he paid for by money nra,,
tTlN. good Will or services arfuau,- ra,
d"rrd To the corporation. an us ,Ler H.
determined by the Board of Directors. -
dividend of seven per cert Der .gpur,
shall be paid out of the earning, Of tb,
corporation upon each share of th, ,ra
irrrrt stock; such dividends shall Le mn
3hIe before and in preference To- any diyi.
I'hdS on common stock. and the Board of
directors may at its pleasure pay ,rcb
| lurther dividends on preferred stock a.
they may decide: and said pr.f.rr,d sto,E
may be redeemed at not less than par out
| OF the net profits or earned surplus an sucb
l!u''S ana under such terms and conditiops
| as may be agreed upon by the Eoord az
! directors; said preferred stock shall also
| nave preference over the common StocL
on an oi thG assets of this corporation:
| Nald preferred stock shall have no yotin,,
| power and shall be- paid for in cash Sary,
ICES. ana good Will, at such times and In
| Such amounts as may be determined nv
| me board of Directors. As thus amended
| inns Article SuPercedeS Article Thraa of
! the charter as originally adopted Diri.
| cumulative" ' NC
said appearerS further declare that tbav
| were duly authorized by the Stockholders
| as per the copy of resolution hereto ar
| tached, To certify to the said proceedings
| anu authorized and directed to make an
autneHtlc hotarlD act OF said amendment
10 the charter and to file. record and nuh
| hSh the same according to law Said an
| pearers accordingly appear before me no
| tary, aud do hereby declare that said
charter has been amended as above SET
| tOrth, and they do hereby make this an.
thentic nOtarial act of said amendment 70
sald charter. and do hereby rp0uest and
authorize me to record and publish the
same according to law.
IhuS done and passed in nv Office nj
the Clty OF New Orleans. on the day. month
and year herein first above written i'm Tho
presence or Nathan III. Feitel and Lillian
Mc'Ord, competent witnesses who here
unto sign their names with the said an.
bearers and me, Notary, after reading OF
the whole VI
Original signed) W. r. Yates. J. VOL.
brette. - WV
Cord. WI
WARREN V. MILLER,
Notary Public
L, the undersigned. Recorder of Mort
cages in and for the Parish of Orleans.
State of Louisiana. % hereby certify that
the above and foregoing Act of IncorpOra.
tlon Amendment of the New Orleans Drug
Co., Inc. was this day duly recorded in
my office in Book 12i2. Folio al.
New Orleans, November 10th 1920
tSlgned) EMILE J. LEONARD. by. r.
L certify the above to be a true and cor
rect copy of the Amendment to Charter OF
New Orleans Drug Co, Inc, of date No.
vember 9th, 1920. on file in my Office.
WARREN V. MILLER,
ISeaLl Notary Public.
Jan. 13-Feb. II.