The herald. [volume] (New Orleans, La.) 1905-1953, 1913-04-17
SHOES FOR ALL THE FAMILY AT
LESS PRICES AT RENECKY'S.
ADAMS HATS
CHARTER
CHARTER
OF FOTO REALTY & AMUSEMENT COM.
pAEY


OF FoTo REALTY "a : AMUSEMENT COM
UNITED STATES OF AMERICA, STATE
@. OF LOUISIANA, CITY OF NEW OR
LEANS.
Be II known, that on this fifth day OF the
month of April In the year one thousand, |
nine, hundred and thirteen, before me- Felix |
J. Dreyfous a notary public, duly commits
stoned and sworn In for the parish of Or
leans and city OF New Orleans, therein re-
siding personally appeared the persons
whose names are hereunto subscribed, who
declared that, availing themselves OF the
provisions of the laws of this state, relative
to the organization of corporations, they
have covenanted and agreed. and do by
these presents, covenant and agree BIND,
form and constitute themselves as well as
such other persons who may hereafter join
or become associated with them into cor.
poration and body polite in law for the
objects and purposes, and under the agree
ments and stipulations following, to-wit:
ARTICLE |.
The name and style of this corporation
shall be "FotO Realty Amusement Com
pany," and, under that name, 1t shall have
and enjoy all the rights, advantages and
privileges granted by law TO corporations
il shall exist for a period Of ninety nine
years from this day 1t shall have power TO
contract sue and be sued, in Its corporate
name; 10 make and use a corporate seal, and
the same 10 break or alter at pleasure; to
hold, receive, purchase convey, mortgage,
hypothecate or pledge property, both real
and personal to issue bonds notes and other
obligations to have and employ such man
ayers directors, officers. agents and other
employees the interest and convenience
of said corporation may require; and TO
make and establish such bylaws, rules and
regulations for the corporate management
and control of the affairs OF said corpora
tion as may be deemed necessary and expe-
dent.
ARTICLE III.
dOmiPilp
| in the city of New Orleans, state Of Lou
isiana, and all citations and other legal
process shall be served on the president,
and, in his absence, on the vice-president,
| and, in the absence OF both of these officers,
on the secretary of said corporation.
ARTICLE III.
The objects and purposes for which this
corporation Is organized and the nature
OF the business to be carried on by 1t are
hereby declared to be to deal in buy and
sell and own for its own account, and for
account OF others, real estate, lands, fran
chises, apartment houses and options there
on mortgage notes, bonds, shares of stock
and other securities to lease, rent, hire and
manage property and quas-public markets ::
and make leases as lessor or lessees to con-
| struct or erect or to contract for the con-
structiOn and erection OF buildings; to oper-
ate theatres, vitagraphs, vaudeville and 9TH
er places of amusement; and generally to
do and engage in any other business, under
| taking or enterprise connected with, grow
ing out OF, germane or incidental to, any
Of the purposes hereinabove set forth, or
contemplated by this charter.
ARTICLE ".
The capital stock of this corporation Is
fixed at the sum of fifty thousand $3.50, 0O0)
dollars, divided into five hundred shares of
the par value of one hundred dollars EACH
| which shall be paid for In cash on the call
OF the board of directors, or given in pay
ment of property purchased, or for ser
vices rendered. All shares Of stock shall
be full paid and worcestershire. No trans
| fer of stock shall be binding upon This COM
pany unless recorded upon its books.
ARTICLE V.
All the corporate powers Of this corpora
| ton. and the management and control of its
| affairs, shall be vested In and exercised by
| board Of directors composed of three stock
| holders, majority of whom shall consti
| tute a quorum for the transaction of all
| business. The directors shall be selected
| annually by the stockholders, at a meeting
to be held on the first Monday Of April Of
each year. Each stakeholder shall be enti
| tied In person or by proxy to a vote for
every share owned by him. and all cleo
ulations as may be determined by the board
OF directors. The directors thus elected
shall continue In Office for one year or
until their successors shall have been elect.
/ shall be regarded as a forfeiture of this
charter. Any vacancy occurring on said
board shall be filled by the remaining d.
rectors Tor the unexplred term. The board
Its election. nominate out OF Its number a
president, ylce-president and secretary.
treasurer. Said board shall have the right
to segregate the position OF secretary trea >.
urer and may elect a secretary who need
not be either director or a stakeholder. and
IL shall employ and dismiss such clerks
managers and other employees of the corpor.
alton as the interest and business Of the
same may Justify Any Of the directors
, shall have the right to appoint. by written
instrument, another director or stockholder
} TO act as his proxy and In his stead at any
and all meetings OF the board of directors
ARTICLE VI
: No stakeholder shall ever be held liabls
or responsible for the contracts. faults O,
debts OF this corporation, nor shall any
! mere informality In Its organization have
the effect of rendering this charter void q,
OF exposing a stakeholder to any liahiIity
beyond the unpaid balance due on the shares
: owned by him.
Il ARTICLE VII.
? This act of Incorporation may be changed
modified or altered. pr this corporation may
oe dlssolved; with the assent of the stock
holders owning three-fourths of the stock