The herald., 1921-08-18
CHARTER.

that. acting under and pursuant 70 pre-
vious resolution passed by tne noara W
directors of said corporation, authornins
and directing and converting OF meeting
of stockholders, meeting OF tne 49,,
holders of John NJ. Parker Co. was resu
Iarly held and convened at the domlciIe OF
the company in the City of New orleans,
on lime 30 1927, at which meeting there
Uare nresent either in person or oy proxy,
escb and every holder Of the common
stock issued by the corporation
Said appearers further declared tnaI AT
the meeting of stockholders OF sal1 1no'
NJ Parker Co., held as aforesaid, such pro-
ceedings were had that, upon motion ouly
made. seconded and unanimously adopted
Article Nv of the charter OF SAN CorPoIa
ton, relating to its capital STOCK; was
rent of authorizing and directing the re-
tirement or redemption OF the issued anu
outstanding preferred stock. as evidenced
by the following preamble ana resolutions
adopted at said stockholders meeting:
whereas under the provisions OF At
ticle " of the charter as presently consul
tuted. the capital stock Of the corporation
Is fixed at $500. 10000, divided into o,Vo
shares of the par value OF SlUoVv each'
whereof $3.50 10000 is preferred, and 500
10000 Is common stock. all or which mas
been issued and paid for;
Whereas. under the provisions Of Article
" of the charter, the preferred STOCK IN
whole or in part, may be retired or re-
deemed at any time by vote OF tnree-quaI-
tiers of all Of the outstanding common
stock unon the payment TO the holders the
part value thereof, with all accrued dlvl-
dends, and when thus retired the same
NAV be held in suspense in the treasury,
subject to resistance, II II De SO oeslreo'
by the Board of Directors:
And whereas ii is deemed to be to the
best interest of the corporation and to the
evident advantage of the holders OF the
common stock. to retire the preferred
stock in it's entirety, the corporate indebt-
edness permitting 1t to be done; now
therefore,
Be II resolved, by the holders Of all of
the common stock exercising the right
and prerogative conferred upon them un-
der the provisions Of Article Nv OF the
charter aforesaid that all OF the preferred
stock heretofore issued and outstanding,
aggregating $250.O0OO0 in amount, be re-
tired or redeemed; and, for that purpose,
that the holders OF such preferred STOCK
be paid the par value thereof, with all
dividends to date: that when thus retired,
the preferred stock be held in suspense In
the treasury. subject to its re-issuance, at
,ot less than par, IL 1t be so desired by the
BOARD of Directors.
Re II further resolved, that except for
the retirement or redemptions OF the pre-
ferred stock herein and hereby authorized,
the provisions of Article Nv Of the charter
in all other respects shall remain un-
changed and continue in full force and
effect"
said appearers further declared that the
proceedings had and conclusions reached
as evidenced by the vote taken at such
stockholders meeting, are correctly SHOWN
by the minutes of said meeting. copy
whereof. duly certified, is attached TO and
made part hereof.
said appearers further declared that. as
will appear from the aforesaid minutes oil
| the meeting of stockholders OF said cor
| poratiOn. they were severally authorized 10
| pose of executing in authentic form the
| amendment to Article ~ aforesaid, and
| they do now appear before me, said no,
tary, for the purpose of carrying out and
! giving effect TO the proceedings had and
resolutions adopted at said meeting in tbs
| particulars hereinbefore mentioned and SCI
| forth. and to cause said amendment e
the charter to be recorded and published
| as required by law, to serve and avail az
i the future may or shall require.
| Thus done and passed. at my office. III
| the City of New Orleans. on the day
month and year first hereinbefOre written
! in the presence Of Philip A. Bodet, Jr., and
1 of Andrew +. BUTLER, competent witnesses
who hereunto sign their names. together
with said appearers. and me. the notary
after due reading Of the whole.
Original signed: Jos. A. Airey, Chair
man: Thos. A. Parker Secretary.
| Witnesses: p. A. Bodet, Jr., Andrew +
Butler.
CHAs. F. FLETCHINGER.
| Not. Pub.
I, the undersigned Recorder of Mort
| cages, in and for the Parish Of Orleans
| State of Louisiana. hereby certify tina
| the above and foregoing Act of Amendment
| to the charter Of Jno. NJ. Parker Co, wal
this day duly recorded in my office ii
Book 1858. folio -. New Orleans. La.
| July Is. 1921.
(signed) ROBT. SCOTT, Dy. R.
| A true copy.
CHAS. F. FLETCHINGER.
| Notary Public.
| TuIy