New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1907-02-16
ACT OF INCORPORATION
The ELKS THEATRE CO., LTD,


Be- it known that on this lsf day of tbs
month OF February 1907, before me, FREQ
w Bauman, a Notary Public, in and fol
the Parish of Iberia. State of Louisiana
duly commissioned and qualified, in the
! presence of the witnesses hereinaft Ell
named and undersigned.
Personally came and appeared the per-
sons whose names are herennto subscri o.
ed, who declared that awaiting themselves
of the provisions of the LAYS of this State
! in such eases made aud provided, they
have covenanted and agreed and bind
themselves, their successors and those
who may become associated with them,
to form themselves into and they do by
these presents form themselves into and
constitute corporation for the objects
and purposes and under the stipulatons
and agreements hereinafter set forth
which they adopt as their charter to-wit:
ARTICLE |.
The name and title OF said corporation
is declared to he "The ELKS THEATRE
COMPANY, Limited and by that name
il shall exist and have and enjoy success
sion for period of ninety niue (99) years
from and after the date hereof, and by
that name it shall have authority and
power TO sue and be sued; to contract, to
make and use a corporate seal and the
same to break and alter at pleasure, to
hold, receive, build, purchase, rent. and
convey as well as to mortgage and hypo-
thecate property both real and personal;
to name and appoint such directors and
emplovt es as its interests and conven-
fence may require, to make and establish,
alter and amend such bylaws, rules and
regulations as may be necessary and
proper for the management and regula
ton of the business and affairs.
ARTICLE IL.
The donicle of said corporation shall
be in the City of New iberia, Parish of
Iberia, State of Louisiana.
The president, or in event of his sick
ness. absence or inability to act from any
cause, the vice. president, is hereby des-
ignated as the officer upon whom all cita-
lions and other legal process be served.
ARTICLE Ill.
The objects and purposes for which
this corporation is established and the ma
ture of the business to be carried on by
il are hereby declared to be to build and
own theatre and building in New Iberia,
Louisiana, in which the Elks Fraternity
they purpose to obtain a revenue TO be
given exclusively solely to New Iberia
Lodg. No 554, Benevolent aud Protee-
tive Order of Elks; also the exercise of
charitable and benevolent acts.
ARTICLE ~.
The capital stock of said corporation is
Fifty Thousand Dollars, represented by
one thousand shares of Fifty Dollars each,
which shall be paid in full at the time OF
subscription. Stock shall be issuedsafte
full payment, and SAID shares shall be sub
described to and issued only to members of
n. Lodge, No $50, Benev't and Protective
Order of Elks and shall be non-transfer
able except To member of said Lodge in
good standing.
In the event of stakeholder ceasing for
any cause to be a member of said Lodge
his stock shall ipso faeto become forfeited
and revert to the corporation.
This eorpoiati shall commence active
operations after Five Thousand Dollars
Of the capital stock will have been sub
senbed.
ARTICLE V.
The BUSINESS and affairs Of said corpora
ton shall be managed and conducted by
and its corporate powers shall be vested
IN 4 Board of Directors composed of nine
Stockholders, to-wit: NJ F. Smith, Pres
ton King, Edwin s. Broussard, julius
SchaIff. A j. Suberbielle, Jules Dreyfus,
A. N Null r. Leopold King and Porteus
r. Burke, with the said julius Sehaiff as
president and Preston King as vice-presi-
dent, and the Board shall elect one of
their members secretary and another
treasurer, and they shall hold their offices
until the first Monday in April 1908, or
until their successors shall have been
elected aud qualified.
On the first Monday of April. 1908 and
annually thereafter an election of direc-
tors shall he held at the Office of the Com