The herald. [volume] (New Orleans, La.) 1905-1953, 1917-02-08

existence during rcT1|i OF m"e:E-nino
and da.r hereof, and in the manner here
matter provided.
A-.sc.- U-Th- purposes for which this
corporation - formed j. 10 carry on and con.
lr.- al kinds OF thca.e-s and places OF
.u-- th-..--s. IN which viii he exhibited and
performed, tragedies, dramas, comedies,
operas, varie'v entertainments and msSeeI-
,a--uus pert FINANCES; to acquire coPy1shtS,
I -. -h., 0t repre- -v'at.0r. licenses and p-!v-
.legcs OF al kinds for the exhibition Of
plays operas .rl Other eu.rrta3 uwe1ts. To
produce. purchase, sell and lease motion pc
. .u-c tlT-. 20 employ persons 70 Wri'e, com,
pose invent z avs, scenarios. dances and
al 0.hcr exhibitions of that character. To
print. publish. cause 70 be printed and
r.n'~hct any play scenarios for motion pc
'G-- ;hcatc-S. songs and other forms OF en-
;-s:a7uwtn,; .0d 20 represent, exhibit, sell
o- lease the same. To grant licenses, or
RI Ehts in respect q any property ot The
corporation; md generally . DO and carry
on all affairs and things usually carried on
and done ~ parties engaged in Ike enter;
pris-s and conducive - th- welfare and
p-rh. Of tn corporation: and J: shall have
power 20 carry on all or part Of ITS business
IN other states Of the Jn.0u, ITS territories.
and other possessions, and al foreign coun-
tires.
. Article III.-The d1mici,- OF this corpora
/ ton shall h- IN the city Of New Orleans,
other legal notices shall 5e served upon the
'S~. LcIlE OF nc ANON. anu III as
seuc- on The vicc-pres dent.
A-.ic,c IV-Th- capital stock Of this cor
ro-a-io0 IS hereby nNed at ta- SUN OF fifty
one thousand dollars JS'l,noo0) divided into
oa- thousand and twenty shares CoOl, OF
. he par value OF rt,y dollars 5000 each.
The capital stock nav be increased 10 not
. exceeding S2500nn and he increase may
he in preferred or common stock, or partly
ui one and partly Of the other: and the terms
/ 4 the preferred stock shall BE- fixed by the
] hoard n directors which he
-uC- At ;h- tine Of the proposed increase IN
The capital stock.
Article N.-AN Of ;he powers of this cor
Dor-tson shall be vested IN a board OF direc-
stockholders. Power and authority is here
by vested II the board 10 increase the num-
De- n directors - any number not exceed
x seven %; and he board OF directors
nay Tll- vacancies IN their number. however
-ausel, by election from among the stock
holders.
The board Of directors shall be elected an
~raItv on The 6-,, TUESDAY. after the mrs:
,ea-. except The mrs, board which IS pro-
v,ded for in this charter, and which shall!
hold Office until their successors are elected
) and qualified
At the annual meeting held for the elec.
ton Of directors, each share Of stock shall
. lc entitled 10 one vote, which may be cast
by the shareholder in person or by proxy.
The failure 20 hold such meetings shall
! not terminate he corporation, but the OH
} GERS then in Office shall hold over until their
successors are elected and qualified.
The FIRST board of directors shall consist
q Of Nathan Sobel, whose address IS 5H SOu.h
Scott street. New Orleans, La; Albert G.
Shear, lH s Hennessey street, New Orleans
{ La, and Ernest Y. Richards, Jr., 81 Olive
a =, Shreveport, La.
Each board Of directors shall annually
I elect from its midst president, vice
: president, a treasurer and secretary; and i
s nay combine the Office OF treasurer with tina
Of either of the other Offices and 1t may cleo
c a secretary who Is not a director or stock
: holder
d The first president shall be Ernest V. Rich
y | ards. IT,: the first vice-p-esident shall b.
q Nathan Sobel and the first secretary shall
: be Albert 6. Shear, the said secretary shall
! | also be treasurer.
= Article VI-One thousand and eighteer
| lpIS shares, having the par value OF NIT!
E thousand and nine hundred dollars $50,
= | oOOOO) have been issued TO Messrs. Nathar
:. Sobcl and A. G. Shear in payment OF III
:, | follwoing described property:
: First: certain lot of ground, with al
c he buildings and Improvements thereon ant
| and all the appurtenanccs thercuntO belong
e | ng. situated in the Fourth District OF III
:, City Of New Orleans, DESIGNATED by the let
d Washington Avenue, Camp, Fourth and Ma
10 yazne streets, on a survey made by ID.
e Seghers & Son, Surveyors, dated January
lie 1910. annexed to an act passed before job
Wagner, notary, Jan. %, 1910; which sal
k lot measures sixty-two feet four inches from
on Washington avenue BY a depth betwee
equal and parallel lines of one hundred an
n. three feet, two inches and three lines, NOR
r | 1r less, and front on Magazine street, torI
ing the corner OF Washington ave and NJ
s. Saziue street. and IS composed of the Who'll
" | 1t the original lots seven and eight, and
Ie portion OF lot nine.
;s Second: The Motion Picture Theater, cor
n tanned and conducted in the said building
- by Nathan Sobel and Albert G. Shear, Z
the Washington Theater, together with
the furniture. fixtures and Appliances; ar
all the rights owned and acquired by Il
said parties for the production OF motion pi
e. ure dramas, plays and other rights ar
o. privileges, and licenses 10 Photographic hlm
a and the good will of the business
9" Third: The Motion Picture Theater CO..
= Quoted by Nathan Sobel and Albert 6. Shea
at No. 1910 Canal Street in !5s l City OF r.
atre." together with all the furniture, n
lures and appliances; and all the RICH
R. owned and acquired by the said parties +
the production Of motion pictures, drama
PLAYS, and other theatrical presentation; 4
. | rights, privileges and licences to pilot
81 graphic films, and the good will of Z
- business.
Messrs. Sobel and Shear have erected L
av building in which the theater is contain
ne | On ground leased by them and they W
nd transfer, also, all and singular the RICH
les owned by them IN the building and the lea
ST. to the ground.
ny Fourth: A certain tease enlefeu iuto
rs, the Sobel and Shear Amusement Compan
nd Ltd with John 7. Holmes for the rental
it ! certain premises on Carrollton Ave. betwe
ed, Canal street and Cleveland Ave, in the bio
raj bounded by s. Pierce St. in the city
ire New Orleans, for a period OF ten years trt
de- the date the building TO be erected VIII
ties completed: said lease was entered into
iv- the lOth day of November, 1916
VS. All of which property, exclusive of I
ID good will, is well worth, and IS apprais
ey by the directors, at the sum of $4,000, a
ese the good will Of the various theaters abo
ay enumerated. the board appraises at 500
10 Article VII-Not less than fifteen {
me DAYS notice shall be given for all regul
up stockholders meetings, and not less than n
SCI - DAYS notice shall be given tor spec
meetings The board of directors shall he
on regular and special meetings al such TN
er- and upon such notices as 10 time which
ne, said board may FIX. Notices Of al! meetir
on- Of all kinds shall be given through the maj
a addressed TO the respectively stockholders,
or directors at the address last furnished
ur- the secretary by the stockholder or direct
nd or the notice may be delivered by mess'
til: ger.
md Article VIII.-This act of Incorporation n
VI, be changed, modified or altered, or this c
mo poration may be dissolved with the assent
OF three -fourths 90 Of the stock present
mo represented at a meeting convened for I
20 purpose.
I'D Article IX-No stakeholder shall ever
&c. held liable or responsible for the contra
M. and faults Of said corporation in any furt
md sum than the unpaid balance due on