The Caucasian. (Shreveport, La.) 1900-192?, 1911-06-20
CHARTER
OF the Saenger Theatre.


notary public, duly commissioned
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 |.
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 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 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 (S25,00O) dol
lars, divided into two hundred and
fifty shares of one hundred ($i00) |
dollars each, and said corporation is |
authorized to commence business
whenever thirty shares of its capt.
tai stock is subscribed and paid fol-
in full, the. capital stock Of said cor
poratioTl 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 board
of directors consisting of three
stockholders, who shall be annually
elected on the second Tuesday in
January. The first board of direc-
tors is declare dto be ]. II. Saenger,
A. D. Saenger and L. M. Ash, who
shall serve until their successors are
elected. The officers of this COM
pany shall be president, vice pres
ident, secretary and treasurer, and
the first of said officers are declared
to be J. H. Saenger president; l.. M.
Ash, vice president, and A. D. Saen-
ger, secretary and treasurer. Said
officers shall be elected annually on
said second Tuesday in January. A
of the stock shall elect the
and in all elections or pro-
ceedings of stockholders each share
of stock present or represented by
written proxy shall be entitled to
one vote. Notice Of all elections OF
Of stockholders shall be
ten days in daily paper;
directors shall be chosen at the Of
Ace of the company.
ARTICLE Y.
No stakeholder shall be Liable on
account of any obligation to this
corporation in any other sum than
the, amount of unpaid balance due
by him on stock subscribed for. No
nor any informally in
shall have the effect OF
this charter null or Of ex-
posing any stakeholder to any liza
bility beyond such unpaid balance.
ARTICLE VI.
This charter may be amended
Except as to increasing or decreas-
ing its capital stock by a two-thirds
vote of stock represented at meet
ing of the stockholders convened
for such purpose, after ten days
previous notice by publication il
any of the newspapers of the City
of Shreveport, La. Whenever this
is dissolved by iimita-
ton or otherwise its affairs shall be
by three commissioners
elected at stockholders meeting who
shall have full power to wind up its
affairs and settle its Indebtedness.
In testimony of all Of which the
said above named parties have here
unto affixed their signatures in the
presence of J. A. Thigpen and H. L.
Anderson, competent witnesses, an
this the 18th day of May 1911.
A. D. SAENGER.
J. H. SAENGER.
httast. T. M ASH