The herald. [volume] (New Orleans, La.) 1905-1953, 1912-10-10
CIVIL DISTRICT COURT.
CHARTER
OF LOUISIANA AMUSEMENT AND
REALTY COMPANY.

OF LOUISIANA Eh@ND
REALTY COMPANY.
United STATES OF AMERICA, STATE
OF LOUISIANA. PARISH OF Or
LEANS, CITY OF NEW ORLEANS.
Be 1t 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, DeIoTe
me- Philip Gensler, Jr.. notary puDllc IN
and for the parish of Orleans, city c oI NJw
stoned and qualified and In the presence OF
the witnesses hereinafter named and under-
signed, personally came and appeared tne
several persons whose names are hereunto
subscribed who declared that, awaiting them
selves of the laws of this state relative 10
the formation of corporations, they nave
coyenanted and agreed and do by these
presents covenant and agree and bind them
selves as well as those who may hereafter
become associated with them, TO form anu
constitute a corporation or Dody poiltlc III
law under the conditions and stipulations,
and for the objects and purposes hereinafter
following, to-wit:
ARTICLE /.
The name and style of this corporation
shall be the LOUISIANA AMUSEMENT
AND REALTY COMPANY and under that
name shall have and enjoy corporate exist
ence and succession for a period of ninety
nine wears from and after the date hereof,
unless sooner dissolved In the manner mere
matter provided -,
:"
law to corporations, and under Its corporate
name IL shall power and authority 10 con-
tract sue and be sued; to make and use a
corporate seal, and the same to change, AFTER
or destroy at pleasure to hold, receive, pur-
chase, hyp0thecate, 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 Dy-
nd lat for the nrODpT
management and control Of the affairs OF the
said corporation, as may be necessary and
proper and the same to alter and amend al
pleasure
The domicile of this corporation shall be
in the city of New Orleans Louisiana, and
all citation and other process shall be served
on the president. and in his absence, on the
ARTICLE III.
The objects and purposes for which this
corporation Is organized and the business
to be carried on by it, are hereby declared
to be:
To own. lease, purchase and otherwise &C
quire, conduct, construct, operate and man
age a theater or theaters, picture show oil
shows in the city of Baton Rouge or else
where In the state of Louisiana or United
States, and 10 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
In all of their several branches and to that
lRd to do and perform any and all things
may be necessary to carry out the OBJ
Is and purposes of the motion picture
Rhdeville and theatrical business in gen
p<ral.
To buy, sell. hold, own and lease movable
immoyable and mixed property of all de
scriptions for any and all purposes whatso
ever: to improve the same and to cree
buildings and structures Of all descriptions
to borrow money and TO secure the same b!
mortgage, hypothecation and pledge; to lenI
and the nv mOrtua &c
hypothecation and pledge and 10 issu
bonds and generally TO carry on any bust
ness or enterprise that may be incidental t
or convenient in the proper and successful
exercise of any of the powers conferred upo
this corporation by these articles of incor
poration. not inconsistent with the constitu
ton aud laws of this state and of the Unite
States.
ARTICLE ".
The capital stock of this corporation
hereby fixed at fifty thousand dollars $3.50
OO0.00), divided into and represented by fiv
hundred shares OF the par value Of one hun
dred dollars (S10O.00l each.
The corporation shall become a going con
Germ and shall be authorized to eommenc
business as soon as six thousand dollars ($6
O00.00) of its capital stock shall have bee
subscribed for; the remaining shares o
stock shall be issued by the board of direC
tors when and as they deem fit and proper
All shares of stock shall be paid for 4
cash, or its equivalent and must be full
paid before the issuance Of the certi6cat
tnereOI, ana SUdll De nOu-dSSesSdDle.
Said stock shall be represented by stoc
certificates transferable only on the book
of the company on the surrender of tn
outstanding certificates, or proof of los
thereof, and under such rules and regula
tons as the board of directors may pro
vide
Before any stock can be transferred, 1
must be first offered in writing, and at IL
book value, TO the board of directors of tn
company, who shall have the option of pur
chasing same at the book value, at the tim
said stock Is offered for sale and should thu
directors fail TO make the purchase of saiC
stock within thirty 1901 days from the tim,
of offer, then the holder and owner of tn,
stock may dispose of It In the open market
The said capital stock may be increased oil
diminished by proceedings taken In accord
ance with the laws of the state of Louisi
ana.
ARTICLE v
All the corporate powers of this corpora.
tion shall be vested In and exercised by q
board OF three (3) directors, each of whom
shall own at least one share Of the capital