The herald. [volume] (New Orleans, La.) 1905-1953, 1921-08-04
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 1t known, that on this first day
Of the month of July, in the year Of our
Lord One thousand. nine hundred and
twenty lone and Of the Independence of
the United States Of America the one hun
dred and forty fifth, before me, Arthur A.
Moreno, notary public. duly commits
stoned and qualified, In and for this city
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 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.
this Parish in Book 1898. folio 2Ss. and
amended on the 23rd Of August, 1920, by
act before me, recorded in the Mortgage
Office of this Parish in Book 1246. Folio
2OS, and again amended on the 9Th Of Oc-
tober. 1920. by act before me. recorded in
the Mortgage Office of this Parish in Book
l246, Folio 5l1. held at the office of the
SAID company on the 9Th day of Deem
per; ls2o, he was elected secretary of the
said stockholders meeting, as will more
fully appear by 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 or the Southern Investment Company.
Incorporated. passed before me- the under
signed notary, on the 18th day of jan
uary, l92O, has been altered, changed and
amended so that Article " of said original
charter shall read as follows:
The capital stock of this corporation
snail consist of Two hundred and fifty
thousand lS2500O0.O0) dollars of common
stock Of the par value of One Hundred
lS1OO.OO) Dollars per share divided into
Twenty five hundred (25OO) shares. and
Five hundred thousand $500, OOO.OO) dol
lars or preferred stock, divided into five
thousand (5,OO0) shares of the par value
OF o, one hundred lslOoOO) dollars per share.
me common stock may be increased to
1ve hundred thousand ($5OO.O O0.OO) dol
lars, divided into five thousand (5OOO)
shares of the par value of one hundred
CSlo0Oo) dollars per share. Each share of
common stock shall be entitled to one vote
either in person or by proxy, at all general
elections or meetings Of the stockholders,
The preferred stock shall have no voting
power, but there shall be paid on the pre-
be accumulative. and the preferred STOCK
shall be entitled to one-fourth ~ of the
earnings Of the corporation after there
has been paid out Of said earnings in any
one year on both the common and pre-
ferred stock dividend of 49,
ana the said appearer moreover de-
clared that in consequence of the forego.
ing ana pursuant to the authority in him
vested oy the stockholders Of said COM
pany, he does hereby formally declare and
publicly make kno0n that in the manner
prescribed by law and agreeable to the
provisioHs of the charter Of the said
ated, passed before me, the undersigned
notary, has been changed, altered and