The herald. [volume] (New Orleans, La.) 1905-1953, 1913-08-21


Re IL known that on this seventeenth day
Of the month Of July. tn the year OF our
lord. one thousand nine hundred and thir-
re,u and Of the Independence Of the United
states Of America the one hundred and
thirty. eighth. before me, Charles ]. Flei.
rhln-or, notary public duly commissioned
sworn and qualified In and for In" parish OF
Orleans state OF Louisiana, therein residing
and in the presence Of the witnesses herein
after named and undersigned personally
came and appeared the several persons whose
names ar" hrrrunto subscribed all being Of
the fun age Of majority. who Severally &c
rlarpi thar lyIiliuT themselves OF the proYl-
SiDns Of the laws Of the state of Louisiana.
relative 10 the organization Of corporations.
gnp- have contracted and agreed. and do by
these presents contract and agree and bind
and O.s.CIte themselves, as well as all sucA
persons as NAV hereafter become associated
with them q form and constitute a cOrpOr
alton and body polite In law for the pur-
poses and objects and under the StpulatlOuS
articles and conditions following, to-wit
Article THE name OF this corporation
Sha. De THE Concessions Company and its
I0miriIe Is hereby established in New Or
leans. parish Of Orleans. state OF Louisiana,
ana shall have and enjoy corporate existence
for a period Of nincty-nine years from the
date hereof II shall have the right to con
tract sue and he sued To make and use a
corporate seal. and the same to break and
alter at pleasure; to have, receive, hold
purchase. improve, ALLEVIATE convey, SELL
borrow. lease. rent, suitcase, pledge, mort
gage, hypOthecate, sign and transfer under
its corporate name property, real, personal
do general business as hereinafter set forth
with all the powers conferred upon cOrpOr
ationS Of a similar nature by the laws Of
this state. and not inconsistent with the
laws Of the United States.
Article lI.--All citation or other legal pro
cess shall be served upon the president or
this corporation. or in his absence or ina
bility TO act, upon the vlce-preSidcnt.
Article III.-The objects and purposes
for which this corporation is organized, and
tire nature Of the business 10 be carried on
by II are declared 10 De, to own, lease and
operate amusement parks, public or private
and any and all other similar places or plea
sure anu recreation; 10 own, lease and oper-
ate any and all park concessions, ana gen
orally any and all concessions OF the char
aCtcT usual to such places of amusement and
recreation. ami any and all concessions no
matter where located, but such a are uSu-
ally found and operated in parks public or
private: to own, lease and operate restau-
fecJiOuary establishments, theaterS, moving
picture shows, vaudeville performances,
roller coasters, etc, and generally an bust
ue>ScS Of nature similar 10 the foregoing.
and to carry out the requirements and needs
Of sam" by any means appropriate and con
venicnt: TO do and undertake any and all
things necessary or incidental thereto; to
enter into all contracts, agreements or en-
gaEementS or incur any obligations connected
| with or apptrtaining to said business or ap-
/ prOprIatc 10 its efectual prosecution; TO eS-
| tdbtlSu DE0utAcS OF dEtuC4'S AT any pace OF
! places that the board Of directors may deem
/ desirable, ana "a the option of its board Of
| directors TO carry on any part OF its bust
| ness anu exercise any part OF its powers out
side of the state of Louisiana.
| Article IN.-The capital stock of this cor.
/ pOratiOn is hereby fixed at the SUSl on TWEEN
| ty-tive thousand (S2J,OO0OOl dollars, di-
! vided into and represented by two hundred
| and fifty shares of the par value of one
! hundred dollars each, which said stock shall
be issued for cash or It's equivalent, or may
| be issued at not less than par for payment
! for property actually purchased or for ser.
| vices actually rendered TO the corporation,
| or the 4ame may be issued full paid for
money advanced or for such other valuable
consideration or services, the board OF
directors may determine provided that nc
stock shall be issued until the consideration
/ therefor has been received by the corpora
tion. All stock shall be full paid and non
4 asSeSSable, and no transfer Of stock shall be
binding upon said company unless recorded
on the books of said company.
Any stakeholder wishing to sell all or any
i part of his stock must first offer ii in writ
ing to the president Of this company at thu
lowest figure he is willing TO accept. The
president shall then have ten days from thu
date of said notice in which to purchas,
all or any part Of said offered stock Should
the said president fail TO purchase all or any
part of said stock, within the ten days
then and in that event any unsold part o.
the offered stock may be sold elsewhere, bu
, at a price not lower than that at which i
was offered to said president
, This corporation shall be authorized Il
, commence business as soon as three thou
. sand ($3 00O. COZ dollars OF its capital stool
i shall have been subscribed and paid for.
, The board of directors shall have the RICH
! to determine AZ what time and In what man
, ner the remainder of the stock shall h
. issued.
The parties TO this act declare that they
hereby subscribe for the number Of shares
e of said capital stock set opposite their re
spectiye signatures hereto, so that this &C
, of Incorporation shall also serve as an orig
p inal subscription.
Article V-The business and affairs o
this corporation shall be managed and con
J Quoted by a board of three directors. whC
shall all be stockholders. A majority o.
the directors of this corporation present a
any meeting in person or by proxy, shall
constitute a quorum and ma jOrity vote o
those present in person or by proxy shall de
! eide all questions voted upon. Said directors
, shall be elected annually from among TIL
; stockholders on the first Tuesday In Decem
: Der Of each year, unless the same shall b.
7 "a legal holiday, when the election shall b.
: held on the next legal day thereafter, begin
r ming on the first Tuesday in December, 1914
r and after ten days prior written notice hav
ing been sent to each stakeholder of recor(
by mall 10 his last known address.
I The board OF directors shall appoint tive
: stockholders as commissioners to preside
= such election. The voting shall be by ballot
, and each stakeholder shall be entitled t
: cast one vote for each share held by him
which has been standing In his name OF
the books of said corporation for at leas
ten days prior to the date of the election. 4
: majority of the entire stock issued and out
? standing voting at such meeting shall elect
Immediately after the election OF SAT-
= board OF directors and the adjournment o
the stockholders meeting, the newly elected
board Of directors shall elect from amonj
Z their number a president, yice-president an,
, secretary-treasurer.
The failure to elect directors or officer
as herein provided for shall not result Il
X the dissolution Of this corporation, but tn
! then board Of directors shall hold their re
spective offices until their successors ar
= duly elected and qualified.
S The first board OF directors and the OFF
: GERS herein named and provided for shall
} hold their respective Offices until the frs
| Tuesday in December, 1914. or until thei
successors are elected, and thereafter al
: officers and directors shall hold their re
spective Offices for a period of one year iron
= the date of their election, or until thei
= successors have been duly elected.
: Any vacancy occurring on any board o
! directors shall be filled by the remainn
members of said board for the unexplre
r term, at a meeting called for that purpos
: after ten days prior written notice; the d
! rectOrs so elected 10 hold Office until tn
: next annual stockholders meeting but Shout
il be impossible for any cause for any va
Y cancy or vacancies in the board of director
q to be filled by the directors. such vacanc
y or vacancies may be filed by the stockhOlC
ers at any meeting called for that purpos
d by the president, or in the absence or ins
!. bility of the president by any stockholde
r upon giving ten days notice to each an
: every stakeholder of record. which motto
i may be sent through the mail. and addresse
e to the last known address of the stockholde
= Any and all directors meetings, the notice
d for which are not herein specifically pre-
Vidpd for NAV he called hy any officer q