The herald. [volume] (New Orleans, La.) 1905-1953, 1922-03-16
CHARTER.

" Stock in this corporation is issued. ac
quired and held by the stockholders under
the following conditions which are the
essence of their rights as stockholders
and which conditions shall be referred TO
in the certificates of stock.
mo stakeholder shall SELL ALLEVIATE, ny
pOthecate or otherwise dispose of or en-
cumber his stock until he shall have at
| first offered the same to the other stock
holders of the company, which offer shall
be made in writing to the board of di-
rectOrs. whose duty 1t shall be to trans
nit the same to the stockholders. immedi-
ately, and said stockholders shall have
seven days from the receipt of said no
tice within which they may purchase at
the value thereof.
The value of the stock for the purpose
aforesaid shall be the same as is shown
by the books of the cOrpOratiOn-eStab
lished on the basis of the last Semian-
nual statement of the corporation in con-
nectiOu with the monthly trial balance
and the semi-annual inventory.
1T shall be the duty Of the corporation
to make up and preserve the foregoing
trial balances and semi-annual and annual
statements for the purpose Aforesaid, and
which shall at all times be open to the
view of the stockholders.
should more than one stakeholder offer
TO buy said stock, the same shall be dis
tributed among those wishing to pur-
chase according to their holdings in the
corporation.
In case of the acceptance of the offer
under the provisions hereinabove set
forth the price therefor shall be paid in
cash within twenty-fOur hours after such
acceptance"
And the said appearers moreover did de-
clared that in consequence and by virtue
of the foregoing. and pursuant to the au-
thOrity in them vested by the stockholders
Of the said corporation, they do formally
announce and make known publicly and
in the manner prescribed by law and
agreeable to the provisions of the charter
q IA
ter has been changed altered and amend
ed as hereinabOve set forth, and they, the
said appearers. acting in their capacities
aforesaid, do direct and require that the
above stated change and amendment be
recorded and published in the manner
prescribed by law.
There is attached hereto. a statement of
appraisement of the physical property
turned over to the corporation in payment
for stock In the sum of two thousand
(2.OOO.OO) dollars, subscribed for by Vim
cent Longo, which statement has been ap-
proved and appraised by the entire board
of directors of this corporation. The said
Vincent LOngo does subscribe to twenty
(2O) shares of stock in payment for which
lie does hereby transfer over to the cor
poration the property listed on the at.
tached statement which, l, notary, have
paraphed for Identification herewith.
In addition thereto. five C5) shares of
stock have been subscribed and paid for
IN cash, as follows. to-wit: by Vincent
LOngo. (three) shares 100000: by Vito
p. Longo. (One) l share. $4,000 by Domi-
nick Longc (One) 1 share $4,000.
This financial statement of the subscrip-
ton above set forth will serve in salts
faction of the laws of the State of Louis
lana with regard to the subscription of
the capital stock of corporations, and par
ticularly Act 267 of 1914
Thus done and passed in my office in
the City of New Orleans, La. on the day,
month and year first hereinabOye written
In the presence of Isaac S. Heller and G.
Aucoin, competent witnesses, who have
signed these presents. together with the
said appearers and me. notary, after a
reading of the whole.
'(Signed) VINCENT LONGO,
VITO p. LONGO.
witnesses: Isaac S. Heller, G. Z. Au-
coin.
GEORGE JANvIER,
Notary Public
/. the undersigned Recorder of Mort.
cages, in and for the parish of Orleans
State of Louisiana do hereby certify that
the above and foregoing Act of Incor-
poration of the Longo Stevedoring Co.
Inc, was this day duly recorded in my
office, in Book 126s folio -.
New Orleans, Jan. 23rd. 1922.
(Signed): ROBT. SCOTT,
Deputy Recorder.
certify the above and foregoing to be
a true and correct copy of the Amendment
TO Charter of the above named corpora
lion, together with a Certificate of Re-
cordation of the Recorder Of Mortgages
for the Parish of Orleans.
New Orleans. La. January 21st. 1922.
GEORGE JANVIER.
(SeaD: Notary PubIic
Feb. 9-Mch. 10