The herald., 1915-12-30
CHARTER
OF LOUISIANA AUDITORIUM. INC"

United States of America. State of Louisiana,
| Parish of Orleans, City of New Orleans.
Re it known. that on this 18th day of the
month of December, in the year of our Lord
| one thousand nine hundred and fifteen, and
OF the independence of the United States of
| America the hundred and fortieth. before
me, John ]. Reilley, notary public, duly
commiss ioned and qualified in and for this
| city, parish and state, therein residing, and
| in the presence of the witnesses hereinafter
named and undersigned, personally came and
appeared, the parties whose names are hereto
subscribed, all residents of the aforesaid city,
parish and state, who declared 10 me, notary,
| in the presence of the two undersigned COM
petent witnesses, that, desiring to avail them
| selves of the provisions OF the law OF this
state relative to the formation Of corpora
tions, and especially Act No. 267 of 1914. and
TO acquire and enjoy the rights, privileges
and powers of a body corporate and polite
in law, they do hereby form themselves into
such a corporation and body polite under
the name and style and for the purposes here
matter specially set forth, namely:
Article 1.-The name and style of this cor
poration shall be the Louisiana Auditorium,
| Inc" and its duration shall be for the term
OF ninety-nine years
Article 1.-THE objects and purposes for
which this corporation Is formed are hereby
declared TO be:
lst.-To foster and encourage athletic sports
of all character. and TO this end to give box
ing exhibitions establish and maintain a
rowing club, organize and promote baseball,
football and basketball clubs, and generally
to do and perform and promote all such
sports OF every kind, nature and description.
2nd.-To encourage make and promote
amusements of every nature, kind and de-
scrption; and to this end, under its cor
porate name, said corporation shall have
power and authority TO contract, sue and be
sued; to make and use corporate seal, and
he a
hold, receive, have, purchase, improve, alien
ate, convey, sell lease borrow pledge mort
gage and hypothecate, under its said cor
porate name, property, real, person and Mixed
to name and appoint such officers, directors,
agents or employees, the interest and
convenience may require; TO contract with
manager, skilled as a promoter OF boxing
exhibitions, for period OF years as the
board of directors of this corporation may
elect; to make and establish bylaws, rules
and regulations for the proper management
and regulation of its affairs, as may be
deemed necessary and proper, and the same
to alter and change at pleasure; and to 90
all other acts and things permitted by law,
or as shall or may be necessary and proper
to carry out the objects and purposes OF SAID
corporation.
Article III-The domicile of this corpora
tion shall be in the city of New Orleans,
parish Of Orleans, State Of Louisiana.
Article IN.-The capital stock OF this cor
poration is hereby declared to be fifteen
thousand dollars ($l5,OO0O0l, which may be
increased TO thirty thousand dollars tS5O,OO).
Said capital stock is divided into scventy-hve
C75D shares of the par value OF two hundred
dollars $4,000 each, TO be paid for as the
law provides, or sooner, at the discretion OF
the board of directors, which said stock shall
be paid for in cash, or the same may be
issued at not less than par IN payment or
exchange for property or rights actually re-
ceived or purchased by said corporation IN
accordance with law.
Any stakeholder may sell assign or
transfer his stock in the said corporation
provided thirty 800 days prior notice Of such
intention to sell or assign or transfer the
same be given to the company, and the board
Of directors of this company shall have the
first privilege of purchasing for the company
the said stock; and in the event OF the board
OF directors refusing neglecting this OPP
ton TO purchase the said stock after said
thirty days notice, the stock may be sold
in the open market.
The stock of said corporation may be trans,
| ferred under the above conditions, provided
| such transfer thereof be made on the BOOKS
of said company and upon the surrender OF
the certificate thereof. No transfer OF any
fractional part Of a share shall be made
| Article V-The powers Of this corporation
| shall be vested in, and exercised by, board
OF FIVE 80 directors, consisting OF the presl,
| dent vce-president, secretary-tIeasuIer ana
| two members OF the board, who shall be
1
| Shall constitute a quorum for the transac-
| ton Of business.
The following persons shall constitute the
first board Of directors: William Hanna
president: Julius Gerson, vice-presidert
Frank C. Mitchell, secretary-treasuIer' and
| Do-,i,ick I Tortorich and Samuel Mayer.
This board of directors shall continue IN
office until the second Tuesday in January
1917. on which date, and annually thereafter
their successors shall be elected. Notice OF
such election shall be given by ten tIO) DAY
continuous publication in any newspaper u
the citv Of New Orleans. Said election sinai
be conducted by commissioners appointed oS
the board of directors.
Anv failure to elect directors shall no
dissolve this corporation, but the DIRECTOR
then in Office shall hold over until their sue
| cessors are elected Each stockholder sha!
he entitled to one vote for each share OF s'oel
| -egistered in his name. Votes may be re