The Caucasian. (Shreveport, La.) 1900-192?, 1911-06-22
CHARTER
OF the Saenger Theatre.


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 il
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 1925, 0O0) dol
lars, divided into two hundred and
fifty shares of one hundred (SiOOJ
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
poration shall be paid for in cash OF
its equivalent in the discretion o.
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 Ill
January. The first board of direc-
tors is declare dto be J. II. Saenger,
A. d. Saenger and L. M. Ash, wht
shall serve until their successors are
elected. The officers of this COM
pany shall be president, vice pres
ident. secretary and treasurer, anC
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. SalC
| officers shall be elected annually on
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 tt
one vote. Notice of all elections OF
meetings of stockholders shall bt
advertised ten days in daily paper
directors shall be chosen at the OF
fee of the company.
| ARTICLE Y.
| No stakeholder shall be liable OF
| account of any obligation to thi
Incorporation in any other sum thai
the amount of unpaid balance du'
by him on stock subscribed for. M
irregularity nor any informally il
organization shall have the effect o
rendering this charter null or Of ex
Iposing any stakeholder to any liza
Ibility beyond such unpaid balance
| ARTICLE VI.
| This charter may be amende,
| kGAGtpt 'tS W HUI UsboiilS VI o|OA W."
ing its capital stock by twO-third
Ivote of stock represented at meet
, ing of the stockholders convene
for such purpose, after ten day.
previous notice by publication i
: any of the newspapers of the Git
of Shreveport, La. Whenever TIL
corporation is dissolved by limita
: Ition or otherwise its affairs shall b
Iliquidated by three commissioner
elected at stockholders meeting VIII
: shall have full power to wind up it
! affairs and settle its Indebtedness.
> In testimony Of all of which tn
! said above named parties have here
lunto affixed their signatures in tn
presence of J. A. Thigpen and f.
: Anderson, competent witnesses, a
this the 18th day of May 1911.
e A. D. SAENGER.
j. H. SAENGER.
= Attest: L. M. ASH.
T J. A. THIGPEN.
: HI. ANDERSON.