The Caucasian., 1911-06-06
CHARTER
OF the Saenger Theatre.

notary public, duly commissioners
and sworn, appeared J. H. Saenger,
A. D. Saenger and L. NJ. Ash, resi-
dents of Caddo Parish, La, who de-
clared to me that they do hereby
form themselves into a corporation
under the laws Of the State OF
Louisiana, under the stipulationS
hereinafter set out, tO-Wlt:
ARTICLE I.
The name and style of this cor
pOration is hereby declared to be
Saenger Theatre, it shall have the
right to enjoy succession for ninety
nine years, with the right to con-
tract, sue and be sued, and to hold,
purchase, lease, sell and hypothe-
cate property, real and personal; Its
domicile shall be in the City OF
Shreveport, Louisiana, and all clta-
ton and other process shall be made
on its president, or in his absence
at the office of the company accord
ing tC law.
ARTICLE II.
The object and purpose for which
this corporation is organized and
the nature Of the business to be car
ried on by it is herein declared to
be to conduct in the City OF ShreVe-
port and elsewhere, as the board OF
directors may see proper, theatres
and other places Of amusement and
incidental thereto, lease, buy or sell
real and personal property, and gen.
orally to do and perform all things
necessary, incidental or proper ID
the business of conducting theatres
and places of amusement.
ARTICLE III.
The capital stock of this corpora
ton is hereby fixed in the sum OF
twenty-five thousand ($25,OOO) dol
lars, divided into two hundred and
fifty shares of one hundred (S1OO)
dollars each, and said corporation is
authorized to commence business
whenever thirty shares OF Its capl-
tai stock is subscribed and paid for
in full. the capital stock Of said cor
poration shall be paid for in cash or
its equivalent in the discretion OF
the board of directors.
ARTICLE ".
The corporate powers OF this cor
poration shall be vested in a board
of directors consisting of three
stockholders, who shall be annually
elected on the second Tuesday IN
January. The first board of dlrec-
tors is declare dto be J. II. Saenger,
A. D. Saenger and L. NJ. Ash, who
shall serve until their successors are
/ elected. The officers Of this COM
pany shall be a president, vice pres
ident. secretary and treasurer, and
the first of said officers are declared
to be J. H. Saenger, president; l.. NJ
Ash, vice president, and A. d. Saen-
ger, secretary and treasurer. Said
officers shall be elected annually or
said second Tuesday in January. a
majority of the stock shall elect the
directors and in all elections or pro
,, ceedings of stockholders each share
of stock present or represented b!
written proxy shall be entitled tt
one vote. Notice Of all elections o.
: meetings of stockholders shall b.
advertised ten days in daily paper
l directors shall be oAessn at the Of
foe of the company.
ARTICLE Y.
No stockholder shall be liable o.
account of any obligation to tn
corporation in any other sum tina
the amount of unpaid balance du
by him on stock subscribed for. N
Iirregularity nor any informallty
, organization shall have the effect
. rendering this charter null or OF eX
posing any stockholder to any la
o bility beyond such unpaid balanc
nj ARTICLE VI.
~ This charter may be amende
q Except as to increasing or decrea:
i ing it's capital stock by two-thirt
% vote of stock represented at NEE
. ing of the stockholders convene
for such purpose, after ten day
previous notice by publication
% any of the newspapers of the Cl
d of Shreveport, La. Whenever tn
IN corporation is dissolved by llmlt'
Is ton or otherwise its affairs shall
rs Iiquidated by three commlsslone
N elected at stockholders meeting WI
~ shall have full power to wind up
affairs and settle its indebtedness
II. In testimony of all Of which t
said above named parties have her
unto affixed their signatures in t
presence of ]. A. Thigpen and IL.
Anderson, competent witnesses,
S. this the 18th day of May 1914.
ril A. D. SAENGER
,at J. H. SAENGER