The herald. [volume] (New Orleans, La.) 1905-1953, 1921-07-21
CHARTER.

that acting under and pursuant to pre-
yious resolution passed by the DoaIu va
Directors of said corporation, autnori..ins
and directing and converting Oh a meeelhs
NJ stockholders, a meeting of, the STOCK
holders of John NJ. Parker Co was nesu
larly held and convened at the doh nei Vi
the company in the City OF New orL .s
an lime 30 1921, at which meeting there
were present, either in person or by proxy,
Zach and every holder of the common
stock issued by the corporation.
Said appearers further declared that at
the meeting of stockholders OF sald Jho
NJ Parker Co., held as aforesaid such pr
ceedings were had that, upon motlon uulS
made. seconded and unanimously adopted
Article Nv of the charter of said corpora
ton relating to its capital STOCK; was
changed and amended, but only 10 tne ca
font of authorizing and directing the re-
tirement or redemption of the issued ana
outstanding preferred stock. as evidenced
nv the following preamble and resolutions
adopted at said stockholders meeting:
whereas. under the provisions Of Ar
ticle " of the charter as presently constr
tuted, the capital stock of the corporation
is fixed at $500 10000 divided INTO ooVo
shares of the par value of $4,000 each,
whereof $3.50 10000 is preferred, ana SOW
10000 is common stock, all Oh Which mas
been issued and paid Tor;
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 three-quar-
ters of all of the outstanding common
stock. uDOn the payment TO the holders the
mart value thereof with all accrued divl-
dends and when thus retired the same
may abe held in suspense in the treasury,
subject to resistance, If II be so DESIRED
by the Board of Directors;
And whereas. il is deemed TO De 10 tne
hest interest of the corporation and to the
evident advantage of the holders or the
common stock. to retire the preferred
stock in it's entirety, the corporate lndeDt-
edness permitting it to be done; now
therefore.
Be IL resolved, by the holders Of all OF
the common stock, exercising the rlght
and prerogative conferred upon them un-
der the provisions of Article Nv OF tne
charter aforesaid. that all of the preferred
stock heretofore issued and outstanding
aggregating $3.50 10000 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
ct less than par, If ii be so desired by the
Board of Directors.
Re n 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
stockh Olders' 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 OF
the meeting of stockholders of said cor
poratiOn. they were severall~authoriZed TO
appear before a notary public for the pur-
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 the
particulars hereinbefore mentioned and set
forth. and to cause said amendment to
the charter TO be recorded and published
as required by law. to serve and avail as
the future may or shall require.
Thus done and passed. at my office. in
the City of New Orleans on the day,
month and year first hereinbefore written,
in the presence of Philip A. Bodet. Jr., and
of Andrew F. BUTLER, competent witnesses,
who hereuntO sign their names, together
with said appearers. and me. the notary,
after due reading of the whole.
1Original signed): Jos. A. Airey, Chair
man: Thos. A. Parker. Secretary
Witnesses: p. A. Bodet, Jr., Andrew F.
Butler.
CHAS. F. FLETCHINGER.
I. the undersigned Recorder of Mort
cages, in and for the Parish of Orleans.
State of Louisiana, hereby certify that
the above and foregoing Act of Amendment
to the charter of Jno. NJ. Parker Co, was
this day duly recorded in my office in
Book 1858. folio -. New tOrleans, La.
July Is, 1921.
(signed) ROBT. SCOTT, by. r.
A trne copy.
CHAs. F. FLETCHINGER.
Notary Public.
July 21-Aug. %