The herald., 1911-05-25
CHARTER
OF THE SOUTHERN FILM EXCHANGE
UNITED STATES OF AMERICA, STATE
OF LOUISIANA. CITY OF NEW OR
LEANS. PARISH OF ORLEANS.

UNITED STATES OF AMERICA, STATE
OF LOUISIANA. CITY OF NEW OR
LEANS. PARISH OF ORLEANS.
Be il known, that on this twelfth 12thl
day Of the month Of May, in the year of our
Lord one thousand nine hundred and eleven
ibid, and of the independence of the Unit
ed States Of America, the one hundred and
thirty fifth (135thl, before me, Henry Leon
Sarpy, a Notary Public, duly commissioned
leans, State of Louisiana. and In the pres
ence Of the witnesses hereinafter named and
undersigned. personally came and appeared ::
Henry W. Lamb, John Albion SaXtOn and
Sylvester Pierce Walmsley, Jr, all resi-
dents of the City of New Orleans, State of
Louisiana, and Of the full age of majority,
who declared, that. aailing themselves of
the provisions of the general laws of the
State of Louisiana relative to the formation
of corporations but especially of the Act
No. as of the General Assembly of the State
Of Louisiana of the year 1904. they have
cOvenanted and agreed, and they do by
these presents covenant, agree, bind and OBJ
ligate themselves as well as such other per-
sons who may hereafter become associated
with them to constitute and form them
selves into a corporation and body polite in
law for the purposes and objects and under
the articles and stipulatiOns following, to-
wit:
ARTICLE l.
shall be the SOUTHERN FILM EN-
CHANGE" and by that corporate name il
shall have and enjoy succession for a period
OF ninety-nlne (99) years it shall have the
power TO contract, sue and be sued to make
and use corporate seal to issue bonds to
borrow and lend money secured by mort ga ge
or otherwise; TO have and employ such man
ayers, directors, officers, agents and other
employees as the interests of the said cor
poration may require; to make and estab-
llsh such bylaws, rules and regula lions for
the management and control of the affairs
OF said corporation as may be necessary and
to have and possess all the powers granted
by the laws of this state to do all things
necessary and proper to carry out the OBJ
Jects and purposes for which this corpora
ton Is organized.
ARTICLE III.
The domicile of this corporation shall be
in the City Of New Orleans and all citations
ana other legal process shall be served. on
the president, or in his absence on the
Vice-president, and, in the absence of both
on the secretary-treasurer.
ARTICLE III.
The objects and purposes for which This
corporation Is formed, and the nature Of
the business TO be carried on by IL are here
ny declared TO be: to manufacture pur-
chase, SELL lease, and TO deal genaraIlv in
all kinds of films and picture machines for
tne exhibition or reproduction of moving
pictures on screens or otherwise for its own
account or as agents for others, in the State
OF louisiana and elsewhere; to build pur-
chase, own, lease and operate theatres for
tne exhibition or reproduction of moving
pictures on screens or otherwise; to buy
and sell. as well as lease, patents and pat
ent rights In connection with the objects
and purposes for which this corporation is
formed; and in general to do all things
necessary, incidental and proper to carry
out the objects and purposes of said cor
poratiOn.
ARTICLE ".
The capital stock of this corporation e
IXed at the sum of ten thousand dollars
tSlO,oOoOO), TO be diided into and repre-
sented by one hundred (1OO) shares of the
par value Of one hundred dollars (SlO0 90
each; and said stock shall be paid for in
cash, or its equivalent, as called for by the
Board Of Directors
This corporation shall commence doing
business and become a going concern as
soon as three thousand dollars (S3 600 OO1
OF its capital stock shall have been sub
scribed to. No sale or transfer of stock
shall be valid or binding on this corporation
unless made on the books of the corpora
ton.
Should any stakeholder desire to sell his
stock he shall first offer the same to the
stockholders of this corporation through
its Board Of Directors, and any stakeholder