The herald., 1922-01-05
OF CHARTER WAUSAU
NAVAL STORES COMPANY, INC

United States of America. State of Lou
iSiana. Parish OF Orleans. City of New
Orleans. he il known that on this 2lSt
day of the month of November. in the
year of our Lord one thousand nine hun
dred and twenty one. and Of the lndepen-
dence of the United States of America
the one hundred and forty-sixth. before
me, Asahel Walker Cooper. Il Notary Pub
lie. duly commissioned and qualified in
and for this city and the Parish of Or
leans, therein residing. and in the pres
ence of the witnesses hereinafter named
and undersigned. personally came and
appeared. Buckner Chipley, Esq. and
John 4. Taylor. Esq. of the age of legal
majority and residents of this city and
state, acting herein respectively as Presi-
dent and Secretary of Wausau Naval
Stores Company, Inc, corporation char
tered under the laws of this state by act
passed before Anthony j. ROssi. Notary
Public for this Parish and State on No
vember Z 1919. and recorded in the Mort
gage Office of this Parish in Book 1921,
Folio $40. which said appearers declared
that:
Whereas at meeting or the stock
holders of said corporation held and con
vened on July I, 1921, at its dOmicile in
this city. pursuant to a written waiver
of notice signed by all of the stockholders
Of record holding the entire amount Of
the capital stock subscribed and out
standing of this corporation. as will more
fully appear from a certificate of the pro-
ceedings of said meeting of stockholders
signed and verified by the Chairman and
Secretary of said meeting. hereto annexed
for reference, and
Whereas, at said meeting. II was re-
solved by q vote of all said stock that
Article " of said charter be amended
to read as follows. tO-wit:
ARTICLE IV-The capital stock of this
corporation is hereby fixed at rhe sum of
One Hundred Twenty-Five Thousand Dol
lars ($l25, 100000, divided into twelve hun
dred and fifty 0250) shares Of the par
value OF One Hundred Dollars (SlOOOO)
each, which said stock shall be paid for
in cash or its equivalent at such time
and in such manner as the Board OF
Directors may determine. or may be is
sued at par In payment of property ac-
tually purchased, and such stock so is
sued shall be full paid and non-assess
able. All In conformity with and under
the restrictions of the present existing
laws Of Louisiana. This corporation shall
be authorized to commence business and
he a going concern as soon as fifty per
cent Of its capital stock is subscribed
and paid for. The shares of stock shall
be transferable only on the books of the
corporation, and no transfer of stock |
shall be binding or have any effect on |
This corporation unless and until made |
upon its books. The capital stock Of this |
corporation may be increased to n total |
amount of Five Hundred Thousand Dol |
lars (S50O.OOO.OO by vote of twO-third OF |
Ill the outstanding stock at n meeting OF
he stockholders called for that purpose |
m the manner provided in the bylaws |
IF this corporation.
Now, therefore. In order to carry OUT |
he objects and purposes of said meeting
Ind to put the said amendment to the /
'harter in the proper form and to give |
{ legal force and effect, the said appearers |
al tr daala md naE Enn
hat the original Act of Incorporation |
If said Wausau Naval Stores Company.
Inc, has been changed and amended to |
he extent hereinabove set forth and they,
he said appearers. hereby authorize and
require the foregoing act of amendment |
o be recorded and published according
% law.
Thus done and passed, In my office. at |
he City of New Orleans, on the day,
month and year herein first above writ |
EN-, in the presence of Burt w. Henry |
md Philip J. Devlin, competent witnesses,
who hereuntO sign their names with the /
'aid appearers and me, notary, after
reading the whole.
ORIGINALLY SIGNED:
BUCkNER CHIPLEY
J. A. TAYLOR. President
Witnesses: Burt w. Henry and Philip
Devlin.
A. w. COOPER,
Notary Public.
i, the undersigned Recorder of Mort
cages for the Parish OF Orleans. State
IF Louisiana. hereby certify the above
Ind foregoing Act of Amendment to the
Act of Incorporation of Wausau Naval
Stores. Inc, to be this day recorded In
NY Office In Book 1858. Folio -
New Orleans, La. December 3. 1921.
(Signed) ROBT. SCOTT,
Deputy Recorder.
A TRUE COPY:
A. W. Cooper.
Notary Public.