The herald., 1921-01-06
AMENDMENT TO CHARTER OF THE
IL. A. THIBERGE PRINTING COM.
PANY, LIMITED

state of Louisiana, Parish of Orleans
Be IL known, That on this twenty-first day
OF the month Of December in the wear
one thousand, nine hundred and twenty !:
DeIore me, Frank William Hart a notary
public, duly commissioned and Qualified
IN and FOR the Parish of Orleans, State of
Louisiana, therein residing and in the pres-
ehce or the witnesses hereinafter named
anu Undersigned. personally came and ap-
peared III. A. Thiberge and G. J. Druilbet
chairman and Secretary, respectively. of
meeting OF stockholders Of the III. A Tri.
Derge Printing Company, Limited, held at
me domicile of said corporation in the
city Of New Orleans, on December 18th.
1920, who declared that said meeting was
heid pursuant to written notice mailed to
each stakeholder of the company at his
or her last post office address, more than
hfteen days preceding the date of said
meeting. and they further declared that at
said meeting there were present, or rep
resented by proxy, four stockholders hold
ing and owning all Of the outstanding
shares OF the common stock Of said COM
paRy.
Appearers further declared that at the
SAID meeting 1t was unanimously resolved
TO increase the common stock of said cor
poration to twenty-five thousand (s25. OOO)
resolved to amend Articles V and vi of the
charter Of said corporation so that said
articles should read as follows, to.wit:
ARTICLE y.-The capital stock of this
corporation is hereby fixed at thirty five
thousand ($35,OO0.O0) dollars, divided into
two hundred and fifty (250) shares of COM
mon stock of the par value of one hundred
lSlO0.OO) dollars each, and one hundred
llOO) shares of eight per cent non-cumula-
i've preferred stock Of the par value of one
ferred stock shall have no voting power
and shall be redeemable at any time after
February 23rd, 1890, at par plus a premium
Of ten ($10) dollars per share.
No dividends shall be paid on the COM
mon stock In any year, until after the
payment Of dividend Of eight per cent on
the entire outstanding preferred stock
The common stock of the corporation
may be increased to an amount not ex-
ceeding twenty-five thousand ($25, 600 OO)
dollars.
No transfer or sale of stock shall he
made to any person not already holding
stock in this corporation, without previ.
ously Offering the same at the same price
TO the stockholders Of this corporation,
said ofer to be submitted, in writing. to
the Board OF Directors Said option shall
be granted for period of not less than
twenty (20) days. All stock shall be maid
for In cash, or its equivalent, as the Board
or directors may direct, and as provided
by law.
The Directors. after distributing and pay.
ing among the preferred shareholders an
annual dividend of eight ca per cent On the
actual amount Of their paid-up shares and
aver distributing anu paying among the
common shareholders an annual dividend
OF not less than eight (S) per cent, on
the actual amount Of their paid-up shares.
and after setting aside any additional
amount that may be prescribed by the by
laws or the company, shall have power.
(a) To Issue stock dividends up to the
amount OF the unissued stock of the COM
pany, by applying as payment thereof.
any further profits earned by the company.
or any accumulated surplus of the COM
pany, or any part Of said profits or sur
Plus as the Directors see ut, by the issue
to the shareholders Of fully paid-up shares
or the Company in lieu Of cash.
ID To apply any further profits Of the
company, or any accumulated surplus in
payment Of fully paid-up shares of stock.
to be issued as bonuses to the officers, or
employees of the company, in such amount
as the Board OF Directors see At.
ARTICLE VI.-The business affairs of
this corporation shall be managed by a
Board of -Four az Directors.
On the first day Of October, 1901 and an
nualiy thereafter an election for Directors
shall be held at the Office of the company
each stakeholder by the Secretary, which
notice may be served personally or mailed
to him or sent to him; and the Directors
then elected shall take their seats imme-
diately. The Board of Directors ct its
first meeting Immediately after the elec-
ton Of Directors, shall choose a President
second vice-President, and Secretary
and Manager, a first Vice President. q
Treasurer. who shall hold Office one year
and their successors shall be chosen an.