The Caucasian. (Shreveport, La.) 1900-192?, 1911-06-15
CHARTER
OF the Sacnger Theatre.

|
notary public, duly commissioned
land sworn, appeared J. II. 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 slipuatiOns
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 anC
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 o.
twenty-five thousand ($25,000) dol
lars, divided into two hundred and
fifty shares of one hundred (SlOOl
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
It's equivalent in the discretion o.
the board of directors.
ARTICLE ".
The corporate powers OF this cor
poration shall be vested in a boaFG
of directors consisting OF three
stockholders, who shall be annually
elected on the second Tuesday IL
January. The first board Of direc-
tors is declare dto be J. II. Saenger
A. d. Saenger and L. NJ. Ash, who
shall serve until their successors arc
elected. The officers Of this COM
pany shall be president, vice pres
ident, secretary and treasurer, ant
The first Of said officers are declared
TO be J. H. Saenger, president; l.. N
Ash, vice president, and A. d. Saen-
ger, secretary and treasurer. Sale
officers shall be elected annually Oh
said second Tuesday in January. 4
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 to
one vote. Notice of all elections o.
meetings of stockholders shall b.
advertised ten days in daily paper:
directors shall be chosen at the OF
Ace of the company.
ARTICLE Y.
No stakeholder shall be liable OF
account of any obligation to this
corporation in any other sum thar
the amount of unpaid balance due
| by him on stock subscribed for. No
irregularity nor any informally il
organization shall have the effect o.
rendering 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 it's capital stock by two-third
vote of stock represented at meet
ing Of the stockholders convened
for such purpose, after ten days
previous notice by publication II
any of the newspapers Of the City
of Shreveport, La. Whenever this
Incorporation is dissolved by limita
ton or otherwise its affairs shall b.
liquidated 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 thu
said above named parties have here
unto affixed their signatures in the
presence of ]. A. Thigpen and Fl. L.
Anderson, competent witnesses, ar
this the 18th day Of May 1914.
A. D. SAENGER.
| J. H. SAENGER.
i Attest: L. NJ. ASH.
TuIGDFN