The herald. [volume] (New Orleans, La.) 1905-1953, 1922-02-16
CHARTER.

" Stock in this corporation is issued. ac-
ouired and held by the stockholders under
the following conditions which are the
essence of their rights as stockholders
and which conditions shall be referred 10
in the certificates of stock.
NO 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 dl-
rectorS. whose duty 1t shall be to trans
nit the same to the stockholders, 1mmedl-
atcly and said stockholders snail nave
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 semi-an-
nual statement of the corporation in con-
nection 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, ana
which shall at all times be open TO the
/ view of the stockholders.
should more than one stakeholder oiier
/ to buy said stock, the same shall be dis
/ tributed among those wishing to Spur-
chase according to their holdings in the
corporation.
/ lin 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-
! elared that in consequence and by virtue
| of the foregoing, and pursuant 10 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 ana
agreeable to the provisions of the charter
of the said corporation that the sald char-
/ ter has been changed, altered ana 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
/ q. 900 OO) dollars, subscribed for by Vim
cent LOngO, which statement has been APP
proved and appraised by the entire board
| of directors of this corporation. The said
| Vincent LOngo does subscribe to twenty
! l2O) shares of stock in payment for winch
| he does hereby transfer over to the cor
| pOratiOn the property listed on the at
| tached statement which, i, notary, have
paraphed for Identification herewith.
In addition thereto. five (5) shares of
stock have been subscribed and paid for
LOngo. (three) 3 shares $4,000; by Vito
! =. LongO. (one) l share, $4,000 by Domi-
nick LOngc (One) l 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 hereinabOve written
/ in the presence of Isaac s. Heller and q.
| AucOin, competent witnesses. who have
| signed these presents. together with the
said appearers and me, notary, after a
/ (Signed): VINCENT LONGO,
VITO =. LONGO.
Witnesses: Isaac $. Heller, G. L. 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
| cOrdatiOn of the Recorder of Mortgages
for the Parish of Orleans.
! New Orleans. La. January 21st, 1922.
GEORGE JANyIER.
/ tSeaD Notary Public.
| Feb. 9-Mch. 16