The herald. [volume] (New Orleans, La.) 1905-1953, 1912-06-13
CHARTER
OF NATIONAL AMUSEMENT COMPAN
OF THE SOUTH.

OF THE SOUTH.
PARISH OF ORLEANS, STATE OF LOU
Be 1t known, that on this 18th day of
May, 1912, before me, Edward B. Ellis, a
duly commissioned ard qualified notary
public, in and for the Parish of Orleans,
State of Louisiana, and in the presence of
dersigned personally came and appeared the
following persons whose names are hereunt0
subscribed, together with the amounts Of
their respective subscriptions to the capiptal
stock, who severally declare that, awaiting
themselves OF the provisions of the general
laws of the State of Louisiana relative to
the organization Of corporations, they have
covenanted and agreed, and do by these
obligate themselves, as well as such other
persons as may hereafter become associated
with them, to form and constitute a corpor-
alton and body polite In law, for the pur-
articles and conditions following, to-wit:
ARTICLE |.
The name and title of this corporation
shall be National Amusement Company Of
the South, under which name this corpor-
alton shall have corporate existence for a
period of ninety-nine years from this date,
with full power to contract, to sue and be
sued. to acquire, sell, lease, mortgage and
pledge real and personal property, to borrow
and loan money, to make and use corpor-
ate seal, to make and establish bylaws,
rules and regulations, to elect or employ
such managers, directors, officers, agents and
other employees as the interests Of said
company may require; and generally, in the
prosecution OF its business to do any act and
make any contract, competent to be made
and done by corporations under the laws Of
this state.
ARTICLE III.
The domicile of said corpora ton shall be
the City of New Orleans, State Of LOuisi-
ana. All citations and other legal process
ar Shon ho IN thn mt
of the company, or in his absence, the vice
president, or In the absence Of both, on the
secretary.
ARTICLE III.
The objects and purposes OF this corp0r-
alton are declared to be to buy, lease, own,
hold, manage and operate moving picture
shows; to rent out, purchase, manufacture
and sell moving picture films and machines,
to provide all kinds of amusemeDts and en-
tertainments, and to engage, hire and make
contracts for the employment of theatrical,
musical and vaudeville companies; and gen.
orally 20 do and carry on all business in
jects and purposes, in any city or town in
the United States and especially In the
South.
ARTICLE ".
The capital stock of this corporation Is
hereby fixed at one hundred thousand dol
lars $500, 900. O0), represented by ten thou
sand shares Of the par value of ten dollars
(S10.00) each, which shall be issued only
erty actually transferred and delivered to
said corporation, or for services actually
rendered. This corporation may begin bus
mess at once and shall be going concern,
the required number Of shares having been
subscribed for by the signers hereto.
ARTICLE v.
The corporate powers of this corporation
shall be vested In and all Of its business and
affairs managed and directed by a board of
not less than three or more than seven d.
rectors, as the existing board may provide,
a majority of whom shall constitute a quo
rum. They shall elect from their number a
president, a vice-president and a secretary
treasurer.
The board Of directors shall be elected an
nually by ballot by the stockholders at the
office OF the company on the first Wednes-
day Of December, 1913, and annually there
after. Said election shall be by ballot, and
majority Of votes shall elset
The directors shall hold their offices until
their successors shall have been duly elect
ed and qualified. Vacancies in the board
shall be filled by the remaining directors,
for the unexpired term.
The first board Of directors shall be Wal
ton Fahm, David T. Carlson and John ID.
Barry, with Walton Fahm as president, Da-
yid I. Carlson as vice-president and John
d. Barry as etary-treasurer.
Notice or election Of directors shall be
sent by registered mail to each stakeholder
ARTICLE vi.
This charter may be changed. modified or
Cls u
a general meeting of the stockholders con-
yened for the purpose, with the assent of
three-fourths of the capital STOCK present or
represented, after thirty days notice of such
meeting shall be given In writing by mail
to each stakeholder.
ARTICLE VII.
Whenever this corporation Is dissolved.
either by limitation or otherwise, its az.
fairs shall be liquidated by three commits
sioners, elected by the stockholders, at a
general meeting convened after ten days
notice shall have been given by registered
mail, and with the assent of three-fourths
In amount of stock present or represented.
Said commissioners shall have power to All
any vacancy which may occur in their num-
Der from any canse.
ARTICLE VIII.
No stakeholder shall ever be held liable or
responsible for the contracts or faults of
said corporation IN any further sum than
the unpaid balance due upon the shares of
stock subscribed or owned by him, nor shall
any mere informality IN organization have
the effect OF rendering this charter null, or
OF exposing a stakeholder to any liability
beyond the amount Of his subscription to
stock
Thus done and passed In my office In the
City of New Orleans, on the day month and
year frst above written In the presence of
Herbert W. Kaiser and John NJ Toelke, Jr.,
competent witnesses, who have hereunto
signed these Dre8eufA. together with thu "A IA