The herald. [volume] (New Orleans, La.) 1905-1953, 1922-03-09
AMENDMENT TO CHARTER OF THE
ENGINEERING SALES COMPANY, INC.

United States of America, State Of Louis
| lana, Parish Of Orleans, City of New Or
| leans, Be it known, that on this 23rd day
Of the month of February. in the year
one thousand, nine hundred and twenty
| two, and of the Independence Of the
| United States Of America the one hundred
| and forty sixth, Before me, Herbert s.
We'll, a notary public, duly commissioned
Orleans, State Of Louisiana, therein re-
siding, and In the presence Of the wit
nesses hereinafter named and under
signed, personally came and appeared
| Leo. s. We'll and Walter B. Moses. presi-
dent and vice-president, respectively, Of
| The Engineering Sales Company, Inc, a
corporation organized under hte laws Of
the State Of Louisiana, by act before
Watts h. Leverich, notary public for the
Parish Of Orleans, on June 3rd, 1918. re-
corded in Mortgage Office Book 1920. TO-
lilo 100.
And the said appearers, acting in their
said capacities, and in behalf Of said
| corporation, by virtue Of the authority con-
ferred upon them by the stockholders Of
the said company on the Goth day Of Feb
ruary, 1922. as will more fully appear by
a certified copy Of the resolution adopted
at the said meeting of the stockholders
of the said The Engineering Sales Com
pany, Inc, was duly convened and held
at the offices Of the said company in the
City of New Orleans on the Goth day Of
February, 1922, for the purpose Of con.
sidering the making Of certain changes
and amendments to the charter of said
company; that at said meeting the said
stockholders unanimously voted to amend
the charter thereof, and to authorize the
said appearers to come before me, the un-
dersigned notary public, to preserve and
embody in due legal form, the said ac-
ton Of the stockholders. The said ap
pearers accordingly further declared that
they have appeared before me, notary
public. under the authorization aforesaid,
for the purpose of embodying in proper
and authentic form the action OF the
stockholders in altering and amending
Article Nv and v Of the charter Of the said
company, so that hereafter said articles
shall read and be as follows:
ARTICLE Iv-The capitaI stock of this
corporation is hereby fixed at sixty thous-
and (s60. O0000) dollars. consisting Of six
hundred shares Of the par value of one
hundred ($10000 dollars per share. All
of the said stock shall be common stock.
its equivalent as provided by law. and in
such manner and at such time and In
such installments as may be prescribed by
the board Of directors. All transfers of
stock shall be made on the books OF the
company on the surrender Of the out
standing certificates and pursuant to such
rules as the board Of directors may pre-
scribe. The capital stock may be In
creased or decreased In accordance with
the laws of this state. No stakeholder
shall have the right to sell or otherwise
dispose Of his stock without first offering
1t TO the other stockholders through the
board of directors, at its book value as
determined by its last annual statement
and the other stockholders or the board
for them in proportion to their respective
holdings, shall have the right to buy the
same within thirty days for cash; all
stock to be held subject to this provision,
and any sale or disposition, pledge or en-
cumbfance Of said stock shall be subject
to the provisions Of this charter. The