The herald., 1921-02-03
AMENDMENT TO CHARTER OF WE'LL
GUTMANN SUPPLY COMPANY.
UNCnRpnR

United States of America, state of Lou
isiana, Parish of Orleans, City of New
Orleans Be it known, That on this 18th
day of the month of January, in the year
one thousand, nine hundred and twenty
one, and of the Independence of the United
States of America, the one hundred and
notary public, duly commissioned and
qualAed in and for the Parish of Orleans.
State of Louisiana, therein residing and
in the presence of the witnesses herein
after named and undersigned, personally
came and appeared Michael G. We'll and
Jake ii. Gutmann, president and vice
president-treasurer, respectively, OF Well
Gutmann Supply Company, corpor-
alton organized under the laws of the
State of Louisiana by act before Charles
Rosen. notary public for the Parish of
Orleans, on March 49, 1908. recorded in
Mortgage Office Book Ss1, folio 734.
And the said appearers, acting in their
said capacities, and in behalf of said cor
poration, by virtue of the authority con-
ferred upon them by the stockholders of
January, jar s 1927, npa' as will iii more fully appear
by a certified copy of the resolutions
adopted at the said meeting of the stock
holders which is annexed hereto, declared
that general meeting of the stockhold-
ers of the said Well Gutmann Supply Com
pany was duly convened and held at the
offices of the said company in the City of
New Orleans on the 10th day of January.
1921. for the purpose of considering the
making of certain changes and amend
ments to the charter of said company
that at said meeting the said stOckhOld-
ers unanimously voted to amend the char
ter thereof, and to authorize the said ap-
pearers to come before me, the under
signed Notary Public. to preserve and en-
boy in due legal form, the said action of
| the stockholders. The said appearers ac-
cOrdingly further declared that they have
| appeared before me. Notary Public. under
| the authorization aforesaid, for the pur-
pose of embodying in proper and au-
| thentic form the action of the stOckhold-
| ers in altering and amending Articles ~
and V of the charter of the said company
| so that said articles shall hereafter read
and be follows:
ARTICLE Iv-The capital stock of thi,
| dred and fifty thousand $3.50. .O00O0) dol
lars, consisting of twenty-five hundred
shares of the par value of one hundred
| (S1OO00) dollars per share. All of tn,
| said stock shall be common stock. Said
| stock shall be paid for in cash or its
equivalent as provided by law, and in sucf
| manner and at such time and in such in
| stallments as may be prescribed by the
Board of Directors. All transfers of stocl
| shall be made on the books of the com
pany on the surrender of the outstanding
| certificate and pursuant to such rules a:
| the Board of Directors may prescribe. TIL,
capital stock may be increased or de
creased in accordance with the laws O.
this State. No stockholder shall have th'
right to sell or otherwise dispose of hi
stock without first offering 1t to the Othe
stockholders through the Board of Di
| rectors, at its book value as determined b,
the last annual statement; and the othe
proportion to their respective holdings
shall have the right to buy the same with
in thirty days for cash; all stock to b.
held subject to this provision and an.