The herald., 1922-08-17
AMENDMENT TO CHARTER OF LUCAS
Il. MOORE STAvE COMPANY

United States Of America, State Of
Louisiana, Parish Of Orleans. City Of New
Orleans. Be it known. that on this 9th
day Of the month OF August, in the year
OF our Lord one thousand. nine hundred
and twenty-five. and sf the Independence
or the United States Of America the one
hundred and forty seventh. before me-
William j. Guste. notary public duly
commissioned and qualified in and for
the Parish of Orleans. State of Louisiana
therein residing. and in the presence OF
tne witnesses whose names are hereunto
subscribed, personally came and appeared
Lucas f. Moore the vice president Of Lu-
cas- 4. Moore Stave Company. a corpora
ton DULY created and organized under and
according to the laws of the State Of
Louisiana. by virtue of Of an Act of In
corporation passed before Charles T.
Sonfat, notary public. on June Goth, 1905.
recorded In NJ. o. Il. Sl3. folio 6i2: which
charter was amended by act before Charles
H.; II; soniat, notary public, on May 10th.
1911.. recorded in NJ. o. b. 1913, folio 6i1 !:
also by act before NJ. c. Soniat, notary
public. on June 18th. 1914. recorded in NJ.
o; Il. 1l27. folio 173; also by act before
Philip Gensler. Jr.. notary public. on
March 10th, 1916. recorded in Mortgage
Office for the Parish of Orleans in book
ll9o folio 354; also by act before Philip
,", Jr;, notary public, on March 16
1917, recorded in Mortgage Office for the
Parish of Orleans in book 1906 folio 400 !.
also by act before Philip Gensler. Jr. no
tary public, May 9th, 1918, recorded NJ.
H. liam b. r colo folio -; also by act before viii
1920 recorded in NJ. o. b. 1915 folio III !:
Who declared that a special meeting of
the stockholders of Lucas f. Moore Staye
company, held at the office of the corpo-
ration. on the oath of July. 1922 ar which
meeting all of the capital stock of said
corporation was present or represented
by the holders and owners thereof in per
son by poxy, 1t was unanimously re-
seoived that Articles Nv and Of the char
ho IaI
to read as follows:
ARTICLE IV.-The capital stock of thi,
corporation is hereby declared to be one
million, four hundred thousand dollar,
ts1. 400 OOO.OO), as authorized 70 bo a.
vlded into four thousand shares Of par
value OF one hundred (s1OOOO) dollars
each or authorized preferred stock. to he
PAID 1or in cash and ten thousand shares
OF common stock of par value of one hun
dred S1OOOO) dollars each of authorized
common stock, to be paid for in cash or
us equivalent; this corporation to be
going concern upon the issuance to the
stockholuers OF thirty-twO hundred and
nifty shares of preferred stock and FORTY
nve hundred shares of common stock. the
remainder of said stock to remain in the
treasury and to be issued by the board
OF directors on such terms and conditions
as they may see fit provided that said
STOCK snail not be issued or sold for less
than its par value.
The preferred stockholders shall have
the hrst right to subscibe to the author
lied preferred stock and the common
stockholders shall have the first right TO
subscribe to the authorized common stock
The preferred stock shall receive diyi-
bends at the rate Of eight per cent. per
amman out Of the profits Of the company
and no more, payable in semi-annual in
staiments on the first day Of January
ana the first day of July each wear
which dividend shall be cumulative and
no dividends on the common stock shall
be paid until all dividends due and cumu-
Iative on the preferred stock shall have
been paid or set aside
The common stock shall receive the re-
mafnder OF the net earnings of the COM
pany, or so much thereof as NAV be dis
tributed by the board of directors and not
reserved for such surplus or undivided
after stated.
On or about the first day of July. 1921
and each year thereafter, so long as the
preferred stock shall remain outstanding,
there shall be set apart and deposited
with the Registrar as a special reserve
1und out OF the net profits Of the company
remaining after all accrued dividends I'M
on the preferred stock shall have been
paid. an amount equal to at least eleven
thousand ($11.0O000) dollars for the pur-
poses hereinafter provided. On or before
July LIST. 1921, and each year thereafter.
any preferred stockholders desiring to re- |
ceive cash for his stock shall have the |
right to send in a bid directed to the |
registrar Of the stock Of the company. |