The herald. [volume] (New Orleans, La.) 1905-1953, 1922-02-23
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.
NO stakeholder shall sell, ALLEVIATE, by
/ 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 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. semiannual 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.
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
of the said corporation that the said char
ter has been changed. altered and amend
ed as hereinabOye 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
(2OOO.OOD 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
(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 (5) shares OF
stock have been subscribed and paid for
in cash, as follows. tO-wit: BY Vincent
LOngo, (three) 3 shares 100000; by Vito
=. LOngO. tOne) l share $4,000 by Domi-
nick Longc (One) i 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
Act 261 of 1914.
Thus done and passed in nv 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 c.
Aucoin, competent witnesses. who have
signed these presents, together with the
said appearers and me, notary, after q
reading of the whole.
(Signed): VINCENT LONGO,
witnesses: Isaac s. Heller, G. L. Au- |
coin. !
GEORGE JANvIER.
Notary Public. |
l. 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 Stevedorlng Co.
Inc, was this day duly recorded in my
office. In Book 1888. folio -.
New Orleans, Jan. 23rd. 1922.
(Signed): ROBT. SCOTT,
Deputy Recorder
i certify the above and foregoing TO be
true and correct copy of the Amendment
o Charter of the above named corpora
ion, together with Certificate of Re
.ordatiOn of the Recorder Of Mortgages
or the Parish Of Orleans
New Orleans. La. January 21st. 1922
GEORGE JANvIER.
Feb. 9-Mch 16