The herald. [volume] (New Orleans, La.) 1905-1953, 1921-09-29
AMENDMENT OF CHARTER JEFFER-
son SHIPBUILDING CO., INC.

United States of America, State of Louis
lana Parish OF Orleans, City OF New or
leans, BE it known that ON this 18th day
of August, in the year of our Lord one
thousand, nine hundred and twenty one
ana of the Independence of the United
states of America the one hundred and
iorty-fifth before me, Rudolph j. Vein
mann, a notary public duly commissioned
sworn and qualified in and for the Parish
of Orleans, State of Louisiana, and in the
presence of the witnesses hereinafter
named and undersigned, personally came
and appeared, V. l.. Baham, president +;
Norman Baham, secretary, herein appear
ing in their respective capacities of presi-
dent and secretary of the Jefferson Ship
building Co, Inc, a corporation organized
and doing business under the laws of the
tate of Louisiana, incorporated by act
before Augustus q. Williams. notary pub
lie. of this city on April 9TH, 1919. recorded
- the Parish of Orleans, in mortgage Of
flee book 1921, folio 81 who declared that
rting in their said capacities, and further
by virtue of ana pursuant to a resolution
adopted by more than two-thirds of the
outstanding stock of the aforesaid COM
pany, at a meeting duly called and held
M the office of the company on March 11th
1921 copy of the minutes of said stock
holders meeting being annexed to this act
and by reference made q part hereof.
"V do hereby and by these presents
in accordance with the authority granted
them amend Article III of the charter of
said Article III shall hereafter be and read
as follows:
ARTICLE III-The capital stock of this
corporation is hereby fixed at fourteen
thousand dollars (S14.0000OJ divided into
one hundred and forty (140) shares of a
tSlOO.OO) each, payable in cash at such
times as may be determined by the board
of directors.
The capital stock of this corporation
10 SnA 10 hpr, r.l I. q
dollars (S10O,OOOOO).
This corporation is to be going concern
as soon as twenty-five hundred dollars
50. 5OOOOl shall have been subscribed for
and twelve hundred and fifty dollars
tS1.25OOO) shall have been paid in.
All transfers of stock of this corporation
shall be entered in the stock book and no
transfer of stock shall be. in any manner
binding on this corporation, unless SO re-
corded in the stock book.
No stOckhplder shall have the right TO
sell his stock on the market without hav-
ing offered it in writing at its book value
q the directors of this corporation twenty
t2Ol days previous to the contemplated sale
Of said stock and if the directors of this
corporation, when said stock is offered to
them at it's 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
Of 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 III
being in accordance with a resolution con-
tanned in the minutes of the stockholders
meeting. a copy of which minutes is above
referred to as. and being, hereto attached.
Thus done and passed in my office in the
NV of New Orleans on the day and in the
month and year first herein written, in the
presence of Fl. Auyert and Mrs. b. f. Me
Donald, competent witnesses, who have
>igned these presents together with the
said appearers, and me notary, after due
ing of the whole.
Witnesses: H. Aubert, Mrs. B. E. Nc
Donald.
Original Signed V. P. Baham. Nor
man Baham.
RUDOLPH J. WEINNfANN.
Notary Public.
Recorded Mo. B. 1868. Folio -.
y true copy.
RUDOLPH J. wEINMANN.
Notary Public.
Aug. 25-Sept %.