The herald. [volume] (New Orleans, La.) 1905-1953, 1921-06-16
CHARTER

400 oOl and the common stock may be in
creased to Two Hundred Thousand Dol
lars $500 100000. All stock shall De Is
sued for cash or its equivalent, lhcluulns
good will as authorized by law or may
be issued at not less than par in payment
for property actually purchased or ior
services actually rendered the corporation
or the same may be issued fully pald ior
money advanced or for such other valu-
able consideration or services as me bOaru
of Directors may determine. All capitaI
stock not already issued shall be Issued AT
such time and upon such terms ana con,
ditiops as the Board of Directors shall
determine, inject to legal requirements
All stock shall be fully paid and n9n-as-
sessible and no transfer OF stock Shall De
binding upon the company uhIesS reOiu-
ed upon the cOmpanys books. ana prior
lion ON all shares of stock of any snare
holder for any indebtedness secured OF
non secured however evidenced or cFedttu
dine at any time to the corporation by the
holder of said stock and all transfers OF
stock shall be made subject to these con-
ditions. hill
No shareholder of the company shali
at any time offer for sale or sell MS slOch'
preferred or common. either prNhtCiI Vi
in the open market without having pre-
yiOuSly offered said stock at its DOOk value
to the other stockholders OF this company
by means of Il written communication au-
dressed to the ranking officer OF the com
pany present in the City of New orleans
at the time Such ranking officer. on
receipt of such communication shall, Win
in five days after the date OF such otier'
mail written notice addressed 10 each
stock holder of the company at mis- laSt
| known address. stating the number and
] character of shares so offered ana the
! price thereof. Failure of any stOckhOldeI
To reply within ten days OF the date OF
| said communication shall be considered
| as a refusal on his part to purchase any
! of the stock 50 offered. Should the num-
| Der of shares which various stockholders
| in reply to said notice, signify their de
| sir to purchase exceed the number Of
/ shares thus offered, such offered shares
/ shall be distributed 10 the prospective
| purchasers in such proportions rs tht
/ Board of Directors deem best. Should
! said stakeholder make any sale in VIC
/ lation of this clause, same shall be null
/ and void. Each share of common stock
shall entitle the owner thereof to cast ont
vote. either in person or by proxy at al
/ stockholders meetings.
Said appearers further declared that ir
| their representative capacities and as au
/ thOrized by resolution hereuntO annexed
! and to carry said resolution into cffec
| by executing the present act and by tax
| ing all other necessary steps provided by
| law and charter necessary to amend this
! charter in the respects hereinabOve Sc
| forth. they have appeared before mo, No
! tary. to execute. and do execute this act
| for the above mentioned purposes.
Thus done and signed at my office il
| the 'ltN OI New OFledHs on Ine SlAln usl
| of June, 1921, in the presence of John Ma,
and Burt W. Henry, competent witnesse:
and residents of the City of New Orleans
who have hereunto affixed their signature
| together with those of said appearers anC
me. Notary, after a due reading of tn
! whole.
(SIGNED) A. I. PATTISON, EMMETT
| PARkERSON.
WITNESSES: John May, Burt W
Henry.
CHAS. f. FLETCHINGER.
Not. Pub
! /, the undersigned Recorder of Mort
cages, in and for the Parish of Orleans
State of Louisiana, hereby certify that tn
! above Act of Amendment to the Charte
! of Pattison and Company Limited, wa
this day duly recorded in my Book 1855
New Orleans, La. June Z, 1921
(SIGNED) ROBT. SCOTT,
by. r
l hereby certify the above and foregO
ing to be a true and correct copy of tn
original Act of Amendment to the Charte
of PattisOn and Company, Limited, now Of
file and of record in my office.
CHARLES +. FLETCHINGER.
Not. Pull