The herald. [volume] (New Orleans, La.) 1905-1953, 1912-10-31
OF LOUISIANA AMUSEMENT AND
REALTY COMPANY.
UNITED STATES OF AMERICA, STATE

| REALTY COMPANY
UNITED STATES OF AMERICA, STATE
LEANS, CITY OF NEW ORLEANS.
Be IL known, that on this second day OF
the month of October, in the year of our
| Lord one thousand nine hundred and twelve,
and Of the independence OF the United States
the one hundred and thirty-seventh, before
me. Philip Gensler, Jr., notary public In
and for the parish of Orleans, city of New
Orleans, state Of Louisiana, duly commits
stoned and qualified, and In the presence of
the witnesses hereinafter named and under
signed, personally came and appeared the
several persons whose names are hereuntO
subscribed, who declared that, availlng them
selves Of the laws of this state relative to
the formation Of corporations, they have
covenanted and agreed and do by these
selves, as well as those who may hereafter
become associated with them, to form and
constitute corporation or body polite In
law under the conditions and stipulations,
and for the objects and purposes hereinafter
ARTICLE I.
The name and style of this corporation
shall be the LOUISIANA AMUSEMENT
name shall have and enjoy corporate exist
ence and succession for a period of ninety
nine years from and after the date hereof,
unless sooner dissolved In the manner here
matter provided.
This corporation shall have and enjoy all
rights, privileges and immunities granted by
law to corporations, and under its corporate
name 1t shall power and authority to con-
tract, sue and be sued to make and use a
corporate seal, and the same to change, alter
or destroy at pleasure; to hold, receive, pur-
chase, hypothecate, convey, sell, lease or
pledge real and personal property; to issue
negotiable bonds and notes, or other evil
dences of debt; to have and employ such
managers, directors, officers, and agents and
other employees as its interests may re-
quire; and to make and establish such by
laws rules and regulations for the proper
management and control Of the affairs of the
said corporation, as may be necessary and
proper. and the same to alter and amend at
pleasure.
The domicile of this corporation shall be
In the city of New Orleans, Louisiana, and
on the president, and In his absence, on the
secretary-treasurer.
ARTICLE ILL.,
The objects and purposes for which this
corporation is organized, and the business
to be carried on by 1t, are hereby declared
to be:
To own, lease, purchase and otherwise &C.
quire, conduct, construct, operate and man.
age theater or theaters, picture show or
shows in the city of Baton Rouge or else
where In the state of Louisiana or United
States, and &c present In said theater build
Ing or buildings, or picture show or shows,
any legitimate form of amusement, together
with the conduct Of the theatrical business
and motion picture and vaudeville business,
end to do and perform any and all things
that may be necessary to carry out the OBJ
jects and purposes of the motion picture
vaudeville and theatrical business In gen
eral.
To buy. sell, hold own and lease movable,
immovabe and mixed property Of all de-
scriptions for any and all purposes whatso-
ever: to improve the same and to erect
buildings and structures of all descriptions
to borrow money and to secure the same by
mortgage, hypothecatIon and pledge; to lend
money and secure the same by mortgage,
hypothecation and pledge and to issue
bonds and generally to carry on any bust
ness or enterprise that may be Incidental to
or convenient In the proper and successful
exercise Of any OF the powers conferred upon
this corporation by these articles of incor- |
not inconsistent with the constitu- |
tlon and laws of this state and of the United |
States
ARTICLE ".
The capital stock of this corporation Is !
hereby fixed at fifty thousand dollars $780, |
000.00). divided into and represented by five |
hundred shares Of the par value of one hun |
dred dollars (s1OO.OO) each.
The corporation shall become a going con- |
Germ and shall be authorized to commence |
business as soon as six thousand dollars &c., |
000.0O) OF Its capital stock shall have been |
subscribed for the remaining shares OF
stock shall be issued by the board Of direc- |
tors when and as they deem At and proper |
All shares OF stock shall be paid for in |
cash, or its equivalent, and must be fully |
paid before the issuance Of the certificate |
thereof, and shall be worcestershire.
Said stock shall be represented by stock |
certificates transferable only on the books |
OF the company on the surrender OF the |
outstanding certificates, or proof OF loss |
thereof, and under such rules and regula- |
tons as the board of directors may pro- |
vide
Before any stock can be transferred, II |
must be first offered in writing, and at its |
book value, to the board Of directors OF the |
company, who shall have the option of pur- |
chasing same at the book value. at the time |
said stock is offered for sale: and should the |
directors fail to make the purchase Of said |
stock within thirty 900 days from the time |
Of offer, then the holder and owner Of the |
stock may dispose of 1t In the open market |
diminished by proceedings taken in accord |
ance with the laws Of the state Of Louisi- |
ana.