The herald., 1922-02-16
Feb. 2-Mch. o
AMENDMENT TO CHARTER OF THE
CHALMETTE OIL AND RE-

filming CO.. INC.
State Of Louisiana, Parish or Orleans.
month of January. in the year Of our
Lord, one thousand nine hundred and
twenty-five, and Of the Independence Of
the United States Of America. the one
hundred and forty-sixth, before me.
lie, duly commissioned and qualified in
and for this city and the parish and
state aforesaid, therein residing, and in
the presence of the witnesses hereinafter
named and undersigned. personally came
and appeared Lucca yaccaro and r. p.
Batson, herein appearing in their re-
spective capacities as the duly author
lied Chairman and Secretary at a meet
ing Of the stockholders Of the CHAL-
a corporation organized under the laws
of this state, by Act passed before the
undersigned Notary Public on the 22nd
day Of January, 1921, and amended by
lie on May 3. 1921, as will more fully
appear by reference to a certified copy
Of the Minutes of said meeting hereunto
annexed for reference, who declared thas
said corporation legally. held pursuant
to call Of the Board Of Directors at the
office of the company In the city Of New
Orleans on the 18th day Of January, 1922.
stock present and represented at said
meeting, to-wit: 1850 shares out Of a
total of 2312 shares to amend Article "
so as to provide that the presently au-
should be fixed at the sum Of Five Hun
dred Thousand Dollars CS5O0. 10000
divided into and represented by five
thousand $4,000 shares of the par value
Of One Hundred Dollars (s10000) per
share, the remaining provisions of Article
w to remain unchanged, and to amend
Article Of the charter Of said company
so as to provide Board Of Directors OF
not less than seven nor more than eleven
directors, instead of a Board consisting
naming provisions Of Article V to re-
main unchanged, so that said Article Nv
and said Article v shall hereafter read
and be as follows:
this corporation Is hereby fixed at the
sum Of Five Hundred Thousand Dollars
$500 600 00), divided into and represent
ed by five thousand $4,000 shares Of the
$4,000 per share. The amount Of said
stock may be increased to Ten Hundred
Thousand Dollars $1,000 O000). No
transfer Of stock shall be binding upon
the corporation unless made and record
ed upon its books. No stakeholder shall
have a right to transfer or convey any
of HIS or her stock In the corporation,
unless and until he or she shall have first
made written offer to the other then
stockholders Of the corporation and to
stock to them at the book value thereof.
Book value" as used herein, Is hereby
defined to mean the value at which the
assets and liabilities Of the corporation
have been in good faith entered upon its
books. Such written offer shall be ad-
dressed to the other then stockholders,
and to the corporation itself, collectively,
and shall be delivered to the office of the
corporation not less than ten days prior
to the application for transfer Of the
stock. The corporation shall transmit
this offer to the respective then stock
holders, and the stock of the stakeholder
desiring to tell shall be distributed pre-
rata among such Of the other stockhold-
ers 40 desire to purchase, In the proper
holders DESTROYS Of purchasing bear to
each other; and II the total which such