The herald. [volume] (New Orleans, La.) 1905-1953, 1917-02-15

absence, on the vice-president or any other
officer hereof.
Article III.-The objects and purposes for
which this corporation Is organized ana the
nature OF the business TO be carried on by
It are hereby declared to be as follows: to
engage in the business OF producing motion
pictures Of all kinds and Of every character
t1 buy and sell the same, to handle motion
pictures as brokers; to own and operate
motion picture theatres and other theatres
% make motion picture plays and conduct
advertising and preliminary promotion cam.
paIg0s in that connection; 10 buy and sci!
motion picture plays and generally to do all
things necessary and incidental TO or ap-
pertaining 20 the aforesaid objects and pur-
poses. or any Of them.
Article IN.-Ihe amount al the capital
stock of thIs corporation IS hereby declared
10 be fifty thousand dollars $4,000, which
/ shall. consist OF FIVE thousand 5000 shares
II the par value of ten dollars $1,000 per
. share; fifty per cent Of which capital stock
I shall be subscribed for before filing of these
article, OF Incorporation, and nifty per cent
I # which subscribed capital shall be pad
for. as provided by law, before this corpo-
ration begin active operations IN the buSI'
subscribed for shall be paid for IN money,
property received by the corporation, or labor
done for the corporation, ~ such times as
the board may determine.
The capital stock Of this corporation may
be increased, in the manner provided there
for by the laws OF this state, to the full sum
Jf one hundred thousand dollars tSlOOO000).
Article N.-All the powers OF this corpo-
ration shall be vested in and the business
and affairs Of this corporation shall be man.
aged by a board OF directors which shall be
elected annually at a meeting OF the stock
holders 90 be held on the first Tuesday OF
March: the first board Of directors shall serve
Tor the first year. or until their successors
are elected and qualified.
The first board Of directors shall consist
Of the following: J. {. Nanstory, New Or
josephine Casley, New Orleans La, Of whom
G.. l.. Keller shall be president, ]. C. Van
story, scgrctary-treaSurer. These directors
shall hold office until their successors are
elected and qualified.
All elections shall be by ballot at the Of
-rc of the corporation, under the supervision
% two commits IOrers to he appointed by the
board Of directors. Notice 0i such meeting
delivered 70 each s.ockholder in person or
mailed TO him at his last known address,
1t least fifteen days prior to the date of the
said election; but this notice may be waived
by all the stockholders. At all such elec-
tons and at all meetings OF the stockholders
every stockhOlder shall be entitled to one
vote for each share Of stock standing in his
name on the books Of the corporation on the
date Of said meeting. Said votes shall be
cast m person or by written proxy, and a
majority OF votes cast shall elect.
The failure to hold the annual meeting or
to elect directors shall not dissolve this
corporation or effect the corporation nor
impair its management in any respect but
The directors then in office shall remain in
Office until their successors are elected and
qualified. Each subsequent board Of direc-
tors shall be composed OF three, and shall
elect from their number, as soon as posi-
bic, after their election, a president. and
secretary and treasurer; the board OF direc-
tors may appoint other officers, agents, en-
ployees as It may deem proper, and may
grant to each officer such power as il deems
proper. Two shall constitute a quorum for
the transaction of all business Of the board
Of directors
All vacancies on the board for whatsoever
cause shall be filled by the remaining direc-
tors, and the said board may, on any va
cancy caused by the resignation OF any di-
rector or otherwise, who is an officer fill
ms place and elect another person, from the
members of said board. TO MI his office.
thus vacated, either by death, resignation or
removal
Any member Of the board Of directors may
appoint any other person his proxy to act
at any meeting Of the said board The board
may make and amend all bylaws necessary
for the regulation and management OF the
corporation.
Article VT-This act of Incorporation may
he modified, changed altered or this cor
poration may be dissolved with the assent
OF two-thirdS of the capital stock thereof
outstanding, at a meeting of the Stockhold-
erS convened for that purpose and after fif-
teen days notice has been delivered in per
son or given by letter mailed to the last
known address OF each stakeholder. The
SAID notice may be waived by unanimous
consent OF the stockholders.
In case of dissolution of this corporation
lis affairs shall be hquidated by two COM
missioners elected by the stockholders.
Article Vino stockholders shall be held
liable for the contracts or faults of this
corporation in any further sum than the IN
paid balance due by him to the corporation
on the shares of stock subscribed for by him:
nor shall any lntormalIty have the effect of
rendering this charter null Of or exposing
any stakeholder to any liability bevond the
unpaid balance due by him on his stock sub
Scrpton. The subscribers have hereunto
respectively written their names and op-
poSite thereto the amount OF stock subscribed
tor by them, so that this act of Incorporation
may serve as the original subscription list
OF this corporation. and they have stated
their post office addresses so as to conform
with the laws OF this STATE as such matters
made and provided.
Thus done and passed in my Office on this
5Oth day of the month of January, 1917 in
the presence of Messrs. Jules F. Award and
Frank kleinschmdt, competent witnesses,
residents Of New Orleans La who have here.
unto signed their names, with the said an.
of the whole
Signed: J. c. vanstory and others.
schmidt
SCOTT E. REER. Notary Public.
/, the undersigned recorder of mortgages
IN ana Tor the parish of Orleans, State of
Louisiana, certify that the above and fore.
going act of Incorporation of the Crescent
Motion Picture Producing Co., Inc" was
duly recorded in my office on this day in
book 1905 folio 81.
New Orleans, La. February 1917
tSgned) EMILE J. LEONARD, DIV. R.
l certify that the above is a true and cor
rect copy of the original act of incorpora-
ton of the Crescent Motion Picture Produc-
ing Co., Inc, except the names of the snb.
scribers thereto, as we'll as the certificate
Of the recorder of mortgages in and for the
parish OF Orleans, thereto attached
New Orleans, Feb. 2 1917.
SCOTT f. BEER, Not. Pub.
Feb Is p March s Is
CHARTER
OF gONES-ROBINSON COMPANY. INC. |
l ited States OF America. State of Louisi- |