The Caucasian., 1911-06-08
CHARTER
Of the Saenger Theatre.

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-Wit:
ARTICLE l.
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 cita-
ton and other process shall be made
on it's 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 IN
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 ($25,0OOl dol
lars, divided into two hundred and
fifty shares of one hundred ($lOO)
dollars each, and said corporation Is
authorized to commence business
whenever thirty shares OF its CAPT
tai stock is subscribed and paid for
infull, the capital stock of said cor
poration shall be paid for in cash OF
its equivalent in the discretion OF
the board of directors.
ARTICLE ".
The corporate powers OF this cor
poration shall be vested in board
CT
stockholders, who shall be annually
elected on the second Tuesday II
January. The first board OF dfrec-
tors is declare dto be J. H. Saenger,
la. D. Saenger and L. NJ. Ash, who
shall serve until their successors are
elected. The officers of this com
pany shall be president, vice pres
ident, secretary and treasurer, anG
the first of said officers are declared
Ito be J. H. Saenger, president; l.. Nj.
Ash, vice president, and A. d. Saen-
ger, secretary and treasurer. Said
| officers shall be elected annually op
| 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 by
written proxy shall be entitled to
lone vote. Notice of all elections or
meetings of stockholders shall be
advertised ten days in daily paper;
directors shall be eAesen at the o.
i fee of the company.
| ARTICLE v.
No stakeholder shall be Liable on
| account of any obligation to this
fcorporation in any other sum than
the amount of unpaid balance due
. Iby him on stock subscribed for. No
irregularity nor any informality III
organization shall have the effect OF
: rendering this charter null or Of ex-
posing any stockholder to any liza
. bility beyond such unpaid balance
Il ARTICLE VI.
: This charter may be amended
. Except as to increasing or decreas-
! ling its capital stock by two-third:
= vote of stock represented at a meet
ing of the stockholders convened
for such purpose, after ten days
previous notice by publication il
q any of the newspapers of the Git,
] of Shreveport, La. Whenever thl
n corporation is dissolved by llmita
8 ton or otherwise its affairs shall b
$ liquidated by three commissioner
n elected at stockholders meeting VIII
y shall have full power to wind up it
affairs and settle its indebtedness.
F.. In testimony of all of which tn
said above named parties par have here
unto affixed their signatures in tn
presence of ]. A. Thigpen and II. |
Anderson, competent witnesses, a
5. this the 18th day of May 1914.
il A. D. SAENGER.
At J. H. SAENGER.
h. Attest: m. ASH.
lie ]. A. THIGPEN.