The herald. [volume] (New Orleans, La.) 1905-1953, 1921-09-29
CHARTER.
AMENDMENT TO CHARTER OF THE
DIME HOMESTEAD ASSOCIATION

United States of America. State of Louis
lana. Parish of Orleans, City of New Or
leans. BE it known, that on this 9th day
OF the month of September. in the year of
our Lord, one thousand, nine hundred and
! twenty-One. and of the Independence of the
United States of America the one hundred
and forty sixth. before me, Allan Raymond
Beary. a notary public. duly commissioned
pwOrn and qualified, I'm and for the Parish
And State aforesaid. therein residing. and
in the presence of the witnesses herein
after named and undersigned. personally
came and appeared Frederick w Gras.
president; DIR. William \. GillaSpie, vice
president; William J. Sonnemann. secre-
tary treasurer. and Amelia EichhOrn.
cashier. President. Vice President. Secre
tary-TreaSurer and Cashier. respectively
corporation created under the laws of this
State. domiciled in the City of New Or
leans, by an Act passed before Albert
Guilbault. late Notary Public, April IL,
1907, recorded in the Office of the Recorder,
of Mortgages for the Parish of Orleans. in
Book 81, folio G93; amended by an Act
passed before the undersigned notary
November 1. 1909 recorded in Mortgage
Office Book $50, folio Ga. and amended
by an Act passed before the undersigned
notary. April 16, 1917, recorded in, Mort
gage Office Book 1906, folio 500,
Herein acting under and by virtue of a
resolution adopted by the stockholders of
said Dixie Homestead Association. at
general meeting held April IA. 1921 GER
titled copy of an extract of the minutes of
said meeting being hereto annexed as part
hereof.
And the said appearers declared that at
said meeting of the shareholders of said
corporation Articles " and were
amended as follows:
Article ", by changing the words. "The
capital stock of this corporation shall be
five million Is. 00O, OOO) dollars. to read.
nf
shall be fifteen million (S15,OOOOOO) dol
lars. etc"
And Article V, was amended by adding
the words "Or her" at the end of the fourth
line from the top of said article and by
adding the words 'The directors NAV elect
an Assistant Secretary who need not be
director" at the end of the third para
graph of said article
And they, the said appearers were dulv
authorized and empowered to cause said
amendments to the charter of said Dixie
Homestead Association to be embodied in
nOtarial act.
Now. therefore, in accordance with said
resolution. they, the said appearers acting
In their aforesaid capacities having an
peared before me, notary. for the purpose
OF placing said amendment to the charter
of said Dixie Homestead Association in
authentic form by notarial act. do now de-
clare that Articles ~ and V are hereby
amended so as to hereafter be and read
as follows. tO-wit:
ARTICLE IV-The capital stock of this
corporation shall be fifteen million (s15.-
OOO.OOO) dollars, to be represented nv
shareS OF one hundred (S1OO dollars each
Ihe shares of this association shall he of
Two kinds running shares" and ''paid-un
shares, to be paid for in accordance with
the laws of this State and the bylaws of
thls association. Minors and married wo
men may hold shares in their own right"
ARTICLE V-The corporate powers Of
sald association shall be exercised bv a
BOARD OF directors to consist of twenty
!2o) hve shareholders, each of them own
ing at least ten (10) shares in his or her
own name who shall be elected by the
shareholders annually on the second
Thursday of April of each year, after due
notice as provided for in the bylaws. Any
director ceasing TO own ten (1W shares
snail lpsO facto vacate his or her seat
SAID election shall be by ballot and shall
De held at the domicile of this corporation
under the supervision of three (3) share
holders appointed by the board of direc |
tors at its last preceding regular meeting. |
VINO are not candidates for election. The
shareholders receiving a majority of the |
votes cast shall be declared elected.
The failure to hold an election On the
day specified shall not dissolve the cor
poration. but the directors in office shall |
hold office until an election be held after !