The herald. [volume] (New Orleans, La.) 1905-1953, 1921-08-25
..MENDMENT Oh CHARTER JET ER
son sHIPBJILDING CO., INC.

United States of America. State of Louis
lInd. rarI>n Of orleans, city OF New or
leans, lie II known Tnat on this 10th DAY
of August in the year of our LOru one
...ou>a.Iu, Hiue nuHured ana twenty one
AMI OF the Independence of the United
states OF America the one hundred anu
.v.,. him. before me, Rudolph j. Ven
mann, IA notary public duly commissioned
sworn and qualified III and for the Parish
OF orleans, State of Louisiana, and in the
presence of the witnesses hereinafter
named and undersigned, personally came
ana appeared, '. 4. Banam, president ;
norman Baham, secretary, herein appear
ing in their respective capacities of presi-
at ana secretary of the Jefferson ship
building Co, Inc, u corporation organized
and doing business under the laws of the
.,tUte of Louisiana, incorporated by act
before Augustus g. Williams, notary pub
lie, Of this city on April 5th, 1919, recorded
the Parish of Orleans in mortgage Of
flee book 1881. folio 81 who declared that
uag III their said capacities, and further
by virtue of and pursuant to resolution
adopted by more than two-thirds of the
outstanding stock of the aforesaid COM
pany. at a meeting duly called and held
at he office of the company on March 18th.
l"2l copy of the minutes of said stock
holders meeting being annexed to this act
and by reference made a part hereof.
, do hereby and by these presents.
in accordance with the authority granted
them amend Article Ill of the charter of
the jefferson Shipbuilding Co, So that the
sand Article Ill shall hereafter be and read
dS follows:
ARTICLE III-The capital stock of this
corporation is hereby fixed at fourteen
thousand dollars (S1i.OO0O0l divided into
one hundred and forty C4O) shares of a
tsl0O.O0) each, payable in cash at such
times as may be determined by the board
of directors.
The capital stock Of this corporation
may be increased to one hundred thousand
dollars ($100,OOOO0).
This corporation is to he going concern
as soon as twenty five hundred dollars
,S2.JUO.O0) shall have been subscribed for
and twelve hundred and fifty dollars
,$l.2JO.OO) shall have been paid in.
All transfers Of stock of this corporation
shall be entered in the stock book and no
UIndlng on this corporation, unless 50 re-
corded in the stock book
No stakeholder shall have the right to
sell his stock on the market without hav,
ing offered 1t in writing at its book value
90 the directors Of this corporation twenty
t2O) days previous to the contemplated sale
Of said stock and if the directors of this
corporation, when said stock is offered to
hem at its book value, desire to buy it,
purchase shall be made on behalf of the
corporation, and the stock shall then and
there become treasury stock 20 be disposed
or as the board of directors shall deter
mine.
notice of the obligation so to offer
the stock Of the corporation shall be print
ed across the face of the certificates of
stock.
The whole of the foregoing Article Ill
being in accordance with a resolution con-
tained in the minutes of the stockholders
meeting, copy of which minutes is above
referred TO as, and being, hereto attached
Thus done and passed in my office in the
fty of New Orleans on the day and in the
month and year first herein written. in the
presence of II. ALBERT and Mrs. Il. L. Me
Donald, competent witnesses, who have
signed these presents together with the
SAID appearers, and me notary, after due
ing of the whole.
Witnesses: II. ALBERT, Mrs Z. f. Nc
Donald
Original Signed) V. 2. Baham, Nor
man Baham.
RUDOLPH J. wEINMANN
Notary Public.
Recorded Mo. B. 1868, Folio =.
A true copy.
RUDOLPH J. WEINMANN
Notary Public.
Aup 05-Sant