The herald., 1912-11-14
CHARTER
Of LOUISIANA AMUSEMENT AND
REALTY COMPANY.

/
REALTY COMPANY.
UNITED STATES OF AMERICA, STATE
OF LOUISIANA, PARISH OF Or
! LEANS, CITY OF NEW ORLEANS.
Be it 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. a 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
| cOvcnanted 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 a corporation or body polite in
law under the conditions and stipulatlOns,
and for the objects and purposes hereinafter
ARTICLE I.
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 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 Ii 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
"a n nd Ia -
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
all citation and other process shall be served
on the president, and in his absence, on the
secretary treasurer.
ARTICLE I'LL
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 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
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
end to do and perform any and all things
jects 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
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
100000, divided into and represented by five
hundred shares Of the par value OF one hun
dred dollars (S1O0.OO) each.
The corporation shall become a going con-
Germ and shall be authorized to commence
business as soon as six thousand dollars &c.,
000.00) 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-
lions 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-
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 800 days from the time
OF offer, then the holder and owner Of the
stock may dispose of 1t 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 a
board of three (3) directors, each of whom
shall own at least one share OF the capital
stock of this corporation. Said directors
shall be elected by ballot and under the SUI
the board TO 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 fill 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-
coded by ten days notice mailed to the last
known address Of each stakeholder, notify
ing him of the time and place of meeting
The board of directors shall have power TO
provide for general or special meetings Of
the stockholders, or OF the board OF direc-
tors. Any member. OF the board of directors
who may be absent from the domicile of the
company, or who may be prevented from at
tending, may give a written proxy to any
other member Of the said board of directors,
to represent him on all matters at any meet
ing Of the board, whether special or general.
who shall hold office until the second Wed
nesday Of August, 1913, and until their sue
cessOrs are elected and qualified, shall be J.
Il. Banks. Marion y. Coe and A. Miles Coe,
with J. B. Banks as president, A. Miles Coe
as vice-president, and Marion n. COe as sec
retary-treasurer.
The officers of this company shall be a
treasurer. and they shall be elected annually
by the board of directors at its first meet
ing after It's election.
ARTICLE VI
No stakeholder shall be liable or RESPONSE
BILE for contracts or faults of this corpora
tion, nor shall any informality in Organiza-
ton have the effect of rendering this charter
null. or Of exposing any stakeholder to any
liability beyond the amount due on his stock.
ARTICLE VII
This act of Incorporation may be changed,
altered, modified or amended or the corpo-
ration may be dissolved with the assent Of
OF the stock represented at a