The herald. [volume] (New Orleans, La.) 1905-1953, 1916-01-27

?, the date Of such election At all meetings
II the shareholders each shareholder shall be
entitled to cast one vote, in person or by
proxy, on each share OF stock held by him,
but no person shall vote any transferred
stock within ten DAYS Of the holding OF said
meeting At all elections 1t shall require
three fourths Of the votes cast to elect. At
any meeting Of the board Of directors any
director absent from SAID meeting may be
~crrrscu'cd by another director, who may cast
he vote Of said absent director according 10
he written instructions OF said absent direc-
tor The board Of directors shall have the
lower 10y unanimous vote OF all the directors
90 lease, sell, mortgage, or pledge any ana
al OF the property, movable and lmmovao!e'
belonging 10 the corporation, without refer
enge to the shareholders tOr power 10 DO so,
and they may also purchase for cash, or on
credit, property Of any kind required Tor any
# the purposes Of this corporation, !" lthout
authority from the shareholders. The board
# directors shall have the power % issue or
confer general power or special power on the
president TO issue prom, SSoTy notes and OiAeT
negotiable paper II shall reqE:re the unaul-
.-yu, consent OF all directors 10 transact auy
business. OF pass any resolutions or motions.
Until the next general meeting TO be held
under this charter, viz: on the third Nednes-
day Of December, lqlo, the board Of directors
# TIN, company shall be composed OF Edward
CHASER, III Pension street, New Orleans,
Louisiana. ". George Schacter, 2-O8 Dauphlue
street. New Orleans Louisiana, and Leo
Berry, Biloxi. Mississippi, with Leo Berry
a. president ". George Syhaeter as vice
president. and Edward CHASER a. secretary
treasurer and general manager In case OF
any vacancy either IN the above named board
IF directors. or IN any other the SAID vacancy
shall be filled by Az election OF the stock
holders held in the manner above provided
And all directors and officers Of this company
shall remain IN office until their successors
are elected and qualified. Failure TO hold
the annual election or meeting shall not dis
solve the corporation, but the meeting shall
be held as soon as possible after the regular
date.
Article VI-At the termination Of this char
ter by Limitation or otherwise, the bust ness
and affairs shall be liquldated by one hquida-
tor 20 be appointed from among the stock
holders al meeting of the stockholders CON
vruei for such purpose after ten days notice
u writing shall have been given by the secTe-
trary 20 each st0pkholder in person or by mail,
said MquidatOr shall be elected by a three
fpu-ths vote Of the shares OF the capital stock
present or represented at said meeting.
Article Widths charter may be changed
altered or amended, or the corporation may
he dissolved ordered hquldated by a vote
Of three fpurths OF the capital stock present
or represented at a meeting Of the Stockhoid-
ers convened for such purposes, after ten
days notice IN writing shall have been given
by the secretary 20 all the stockholders in
person or by mail.
Article VIII.-No stakeholder shall ever be
held liable or responsible for the contracts
or fault, OF this corporation IN any further
sum than the unpaid balance due TO the cor
poration on the shares OF stock owned by him,
nor shall any mere informality in organlza-
ton have the effect OF rendering this charter
null exposing any stakeholder TO any la
bIIty beyond the amount OF his unpaid stock.
Article IX.-The names and postoffce ad-
dresses OF the subscribers to the stock OF this
corporation and the number OF shares sub
scrIbed for by each OF them are as follows:
Edward Chaser. E2 Pension street, New Or
| leans, La, twenty shares; Leo Berry, Biloxi,
Miss, twenty shares and W. George Schae'
| fer, 2+0S DauphIne street, New Orleans, La,
| twenty shares, total number OF shares sub
| scribed for sixty (6O).
The subscribers to this act Of Incorporation
| have also written opposite their names, re-
| Spectively, the amount OF stock of this cor.
puration subscribed for by each OF them, SC
| that this charter may also serve as the orig.
| inal subscription list Of said corporation, and
| they have also attached hereto description
| OF the property to be transferred TO said cor.
| poration i'll payment of stock subscribed for
| together with the valuation placed thereon by
| the board of directors, named in the charter
Thus done and passed at the City Of New
| Orleans, on the day, month and year herein
| before first written in the presence OF War
rem V. Miller and L. X. Hoover, competent
| witnesses, who hereto sign their names, with
| the said appearerS and ME, notary after due
| reading OF the whole.
| Signed: Edward Chaser twenty shares
\ Leo Berry, twenty shares; w. Geo. Schaefer
| twenty shares. Witnesses: Warren V. Mil
| Ter, L. K. Hoover.
FRED {. MARX, Notary Public.
I, the undersigned recorder of mortgages
| in and for the parish of Orleans, State Of
| Louisiana, do hereby certify that the above
| and foregoing act of Incorporation, together
with the annexed exhibit Of property to be
| transferred TO said corporation, which cor
| poration is known the Theatre Advertising
! Company, Incorporated, was this day duly re-
| corded in my office in book 1875, folio -.
| New Orleans. La, Jan. !, 1916.
(Signed) EMILE J. LEONARD, by. r.
| true copy.
| FRED c. MARX, Notary Public.
| jan 3 - % u feb 10