The herald., 1912-11-07

REALTY COMPANY.
OF LOUISIANA. PARISH OF OR,
LEANS, CITY OF NEW ORLEANS.
Be Ii 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, availing them
selves OF the laws OF this state relative to
the formation of corporations, they have
covenanted 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 and
constitute corporation or body polite In
law under the conditions and stipulations.
and for the objects and purposes hereinafter
following, to-wit:
ARTICLE I.
The name and style of this corpora ton
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 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 IL 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.
ARTICLE II.
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 III.
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 a 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 to present in said theater build
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
end to do and perform any and all things
that may be necessary to carry out the OBJ
tects and purposes of the motion picture,
vaudeville and theatrical business In gen
eral.
To buy, sell, hold, own and lease movable,
immovable 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-
poration, not inconsistent with the constitu-
ton 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,
00.00). divided into and represented by five
hundred shares Of the par value Of one hun
bred dollars (S100.00) each.
The corporation shall become a going con-
Germ and shall be authorized to commence
business as soon as six thousand dollars &c.,
0O0.00) 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 fit 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 It
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-
said stock is offered for sale (; and should the
directors fall to make the purchase of said
stock within thirty 800 days from the time
OF offer, then the holder and owner Of the
stock may dispose OF It in the open market.
The said capital stock may be increased or
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
ton shall be vested In and exercised by
board OF three (3) directors, each OF whom
shall own at least one share Of the capital
stock of this corporation. Said directors
pervision Of two commissioners appointed by
the board 10 act at the annual meeting OF
the stockholders Of this company, which an
nual meeting shall be held on the second
Wednesday OF August in each year at which
meeting each stakeholder shall have the
right in person or by proxy to cast one vote
on each share of stock owned by him. Three
members Of the board of directors shall con-
stitute a quorum. Said board shall have
power TO I'll all vacancies in the board, and
all officers and directors shall hold and con.
tinue in Office until their successors shall
have been elected and qualified The annual
meeting Of the stockholders shall be pre-