The herald. [volume] (New Orleans, La.) 1905-1953, 1921-10-13
AMENDMENT TO CHARTER OF THE
nINIE HOMESTEAD ASSOC AIION.


United states Of America. State Of Louis |
lana Parish Of Orleans, city of New Or
leans BE il known. that on this 2ith DAY
of the month OF September. in the year OF
our Lord. one thousand. min" hundred anu
twenty y one. and of the Independents" OF the
United States of America the one hundred
and fOrty-siNth. before me. Allan Raymond
Heary. a notary public, duly commissioned
sworn and qualified, In and for the faFlSI1
and State aforesaid, therein residing. ana
in the presence of the witnesses herein
after named and undersigned. personally
came and appeared, Frederick W. EraH
president: Dr William \. GillaSpie. vice
president: William J. Soun"mann, Stcrc-
fgry-trra,urer. and Amelia Echhorn,
cashier. President. Nie"-Presideut, Secre-
rary Treasurer and Cashier. respectively
of the Dixie Homestead Association, 4
curuuration created under the laws OF TINS
state. dDmicilcd in the City of New or
| leans by an Act passed before Albert
! Guibault late Notary Public April H.
! 1907. recorded in the Office Of the Hscordcr
! of Mortgages for the Parish OF orleans IN
| Book 81. folio 693; amended by an Act
| nI>>ed before the undersigned notary
| November 4, 1909. recorded in Mortgage
| Office Book $50, folio Gl7. and amended
/ by an Act passed before the undersigned
! notary April IT. 1917. recorded in Mort
! gage Ofice Book 1906, folio go,
/ Herein acting under and by virtue OF
. resolution adopted by the stockholders oil
/ said Dixie Homestead Association, at
/ general meeting nFll Al'IIl II l'-A' a -
! tilted copy of an extract of the minutes OF
! said meeting being hereto annexed as part
| hereof.
! Aud the said appearrrs declared that at
said meeting of the shareholders OF sald
corporation Articles " and were
| amended. as follows:
Article ", 10y changing the words. The
/ capital stock Of this corporation Shall he
five million (Sj0VoOrO) dollars TO read
| The capital stock of this corporation
! shall lac Fifteen million iSlJ OeOO UOD dol
lars. etc.
| And Article Y. was amended by adding
the words "Or her at the end Of the fourth
line from the top of said article; and by
| adding the words THE directors may elect
an Assistant Secretary who need not be
a director" ut the end of the third para
graph OF said article.
And they, the said appearerS were duly
authorized and empowered to cause said
amendments to the charter of said PIKE
Homestead Association TO he embodied IN
q uotarial act.
Now. therefore. in accordance with said
resolution. they the said appearers acting
in their aforesaid capacities, having APP
. peared before me. notary, for the purpose
, of placing said amendment TO the charter
| of said pixie Homestead Association III
tautheutic form by notarial act. do now de
clare that Articles " and are hereby
, amended so as To hereafter be and read
! rs follows. tO-wit:
ARTICLE IV-The capital stock Of thi;
J 600 eco dollars, 10 be represented 10y
] shares OF one hundred $1,000 dollars each
The shares Of this association SHAH be o.
TWO kinds, running shares and 'paid-uI
. shares. to be paid for in accordance viii
I the laws Of this State and the bylaws o
. this association. Minors and married wo
. men may hold shares in their own right.
J ARTICLE N-The corporate powers
r. said association shall he exercised by
y board of directors to consist of twent!
; t25l five shareholders, each of them own
v ing at least ten 600 shares in his or he
own name. who shall be elected by tn
! shareholders annually on the secOn
Thursday Of April Of each year, after du
=, notice rs provided for in the bylaws. An,
o director ceasing to own ten (lO) snare
| shall ipSo facto vacate his or her seal
= Said election shall be by ballot and shall
: be held at the dOmicile of this corporation
under the supervision Of three (3) share
holders appointed by the board OF direc
~ tors at its last preceding regular meeting
'- who are not candidates for election. tn
V shareholders receiving majority or IN
votes cast shall he declared elected.
II The failure to hold an election on tn
e. day specified shall not dissolve the cor
poration. but the directors in office sha
II hold office until an election be held afte
a ten GOl DAYS notice of the time and plac
% thereof and the new directors are installed
n The directors shall elect from their NUN
20 Der a president, a first yice-president
y second vice-president. y secretary an
:, treasurer. also an attorney and no
- tary public. They may consolidate III
office Of secretary and treasurer into on
office 10 be called the secretary treasure
; The directors may elect an assistant sec
= tary who need not be a director
The board shall also have such furthe
/ powers as may be set forth in the bylaws
or which may be necessary to carry OF
Is the objects and purposes of this assOcii
II ton: but they shall not have the pOwt
re- to purchase real estate. except for casl
~ or to contract any Indebtedness withOJ
l. the affirmative vote of at least seven q
III directors, and then only in furtherance
IN the usual and proper business of the a
: ISOLATION. Seven ca directors shall col
stitute a quorum at all meetings of III
III board
o. Said appearers further declare that the
l., do hereby authorize and require that ii
r said amendments be duly incorporate
IN int notarial form and be recorded an
tn published according to law, to the end tn;
e. the same may be operative and bindin
ry- on all persons whOmsoever, from the da
of their adoption by the stockholders.
he Thus done and passed in my nOtari
lg office, in the City of New Orleans, on Il
n day and date first above written, in Il
OF presence of Messrs. George MORtgOmel
RS and NJ. Simpson, competent witnesses, wi
be hereuntO subscribe their names with sa
g. appearers and me, notary, after readiI
the whole.
IL Witnesses: Geo. Montgomery, NJ Sim
'ir son.
ORIGINAL SIGNEDl:
+. w Gras. VIM. A. Gillaspie. Amel
Ter Eichhorn. William J. Sonnemann.
m The foregoing act was this day record