The Caucasian. (Shreveport, La.) 1900-192?, 1913-07-06

OF the Hippodrome Theater Com
pany.

Lle presence Oh TIE dlJeStluS VIII
nesses, that they desired to form a
corporation under the laws OF
Louisiana and they do hereby form
and constitute themselves and their
successors into corporation, sub
ject to the said laws and under the
provisions hereinafter set forth.
ARTICLE I.
The name Of this corporation
shall be The Hipp0drome Theater
Company; by this name it shall
have and enjoy succession for pc
Rod of ninety-nine years; to con-
tract, sue and be sued; to make, use
at pleasure, break, alter and amend
corporate seal; to hold, purchase,
receive and otherwise acquire prop
erty, real, personal and mixed, and
the same to sell or otherwise dis
pose Of, or to lease, mortgage, pledge
or otherwise hypothecate.
ARTICLE II.
The domicile of this corporation
shall be the City of Shreveport, La.
ARTICLE III.
The nature of the business to be
carried on and tie purposes for
which this corporation is organized
are the following: In Louisiana and
other States to own, lease and ope-
rate moving picture theaters and
mach2lery, and to deal in films, ma
chinery and other appliances con-
nected with the moving picture bus
mess and generally to do any and all
things connected with and inciden-
tai to such business or the further
ance Of the object and purposes OF
the said corporation.
ARTICLE ".
The corporate powers Of this cor
noration shall be vested in board
Of directors composed of three
stockholders. The directors shall
elect president, vice president and
OBSERVATION-DISCLOSURES, and shall pre-
scribe the duties Of each. Elections
of directors shall take place the first
Monday of July in each year The
first board of directors shall be c. A.
Demeris, l. L. Helpman and H. Il.
Gee, with C. A. Demeris, president;
|. L. Helpman, vice president, and
H. II. Gee, secretary-treasurer. All
officers and directors shall serve
until their successors are elected.
Service of all legal process shall be
made on the president, or in his
absence on the vice president, and
in his absence on the secretary
treasurer, at the office of the COM
pany The board of directors shall
appoint such managers, agents Or
sub-officers as the interests of the
corporation may require, and to
make and establish such bylaws as
may be necessary and proper to the
management and regulation of the
affairs of. the corporation. If any
vacancies occur among the officers
or directors, the remaining directors
, may select stockholders to fill the
same The board of directors shall
have power to borrow and lend
money, issue bills of exchange,
notes, bonds, drafts and other nego-
table paper; execute mortgages and
generally to do all things incident
to the objects and purposes OF this
corporation.
ARTICLE ".
The capital stock Of this corpora
ton shall be twenty-five thousand
dollars, divided into two hundred
and fifty shares of the par value OF
one hundred dollars each. This
stock shall be subscribed IN the
amount of seven thousand and five
hundred dollars before this cofpo-
ra shall commence business. Stock
shall be paid for in cash or lis
equivalent. No stakeholder shall be
liable for more than the unpaid bal
ance of the stock subscribed by him,
nor. shall any mere informally in
organization have the effect OF rem
dering this charter null or Of expos
| ing the stockholders to any liability
beyond the amount of his stock.
ARTICLE ~.
Directors shall be elected at the
regular annual meeting or any
meeting adjourned from same. Elec-
lions shall be by ballot. At all stock
holders meetings each share OF
stock shall be entitled to one vote;
a stakeholder may vote by proxy. a
majority of the stock shall constl-
tute quorum. A majority OF that
present shall elect directors. Special
meetings may be called at the pleas
ure of the president, or on demand
of two stockholders The stockhold-
ers of this corporation may at a
general meeting called on the de-
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