The herald. [volume] (New Orleans, La.) 1905-1953, 1917-01-18
CHAR TER
OF SOBELRICHARDS- SHEAR ENTER
PRISES. INC

Nl'NLs'' IN.
United States Of America. State of Louisi-
ana. Parish Of Orleans, City OF New Or
leans.
Re II known that on .his. the 2sth day
OF December, in the wear OF Our Lord one
thousand. nine hundred and sixteen, and
Of the independence OF the United States
Of America, the one hundred and forty first,
before me, Gabriel Fernandez. lr., notary
pubuic, IN and for the parish OF Orleans,
State OF Louisiana. duly commissioned and
qualified. and in the presence OF the wit
ncsSeS hereinafter named and undersigned.
personally came and appeared the several
persons, OF lawful age, whose names are
hereunto subscribed, who declared that, de
string 20 avail themselves, their associates
| and further co-operators, Of the rights, priv
| ilegeS and advantages, secured by the laws
and statutes OF the State of Louisiana, rela-
| tive TO the formation OF corporations, they
! have formed and organized, and do by these
presents form themselves, and those who may
| hereafter become associated with them. into
! a corporation. or body polite in law, for the
/ objects and purposes and under these stip-
uations and agreements, hereinafter Sc;
forth and expressed:
Article 1.-The name OF this corporation
shall be the Sobel Richards Shear Enter
| priSes. Inc. and under this corporate name
| Il shall have the power and authority TO con.
| corporate seal, and the same TO break OF
| alter at pleasure; 10 accept, receive, pur,
! chase and hold, TO lease, sell, transfer and
| convey; 10 give. pledge. mortgage or hypoth
ecate property, both real and personal, and
| mixed necessary for its objects and pur
poses; to name and appoint such officers anc
| agents the interest and convenience Of
| said corporation may require; 10 make and
! establish such bylaws rules and regulations
| for the proper management OF the affairs o.
said corporation, as may be necessary anC
proper, and the same TO change and altei
| at pleasure: to borrow money, TO lend mo
ney: and TO do and perform all acts anC
things requisite and necessary to carry on
the objects and purposes of said corpora
tion. This. corporation shall continue II
existence during period OF n1nety-nin'
years, unless sooner dissolved, from the dal
and date hereof. and in the manner here
matter provided.
Article 1.-THE purposes for which TIN
corporation is formed is TO carry on and con
duct all kinds OF theaters and places o
| public entertainment. including motion Die
ture theaters. in which will be exhibited an
performed, tragedies, dramas comedie:
operas, variety entertainments and miscel
. | laneous performances; TO acquire copyright:
rights of representation, licenses and PRIV
ileges of all kinds for the exhibition 9
plays. operas and other entertainments.
produce, purchase, sell and lease motion piI
4 ture films; TO employ persons TO write, con
, pose invent plays, scenarios, dances an
! all other exhibitions of that character: /
print, publish, or cause to be printed an
, published any play scenarios for motion pr
! ture theaters, songs and other forms OF Ell
tertainment; and 10 represent, exhibit, sc
or lease the same. To grant licenses,
corporation; and generally TO do and carr
a on all affairs and things usually carried Q
f and done by parties engaged in like ente
/ priSes, and conducive to the welfare ar
e profit of the corporation; and II shall hay
k power to carry on all or part of its busine
e in other states Of the Union, its territorie
/, ! and other possessions, and all foreign cou
y tries.
t. Article IIT-The domicile of this corpor
s ton shall be in the city of New Orlean
:, Louisiana. Citation of all legal process, al
u other legal notices shall be served upon Il
5 president of the corporation, and in his a
+ sence the vice-president.
/. Article IV.-The capital stock of this CO
It one thousand dollars (s5l,0OoO0) divided in
$ one thousand and twenty shares Q020),.
e the par value of fifty dollars 5000 each.
y The capital stock may be increased to n
. exceeding S250,00000 and the increase m;
J. be in preferred or common stock; or part
: | of the preferred stock shall be fixed by &
= board of directors which may be in exis
:, ence at the time Of the proposed increase
= the capital stock.
v Article V.-All of the powers of this CO
m poration shall be vested in a board Of dire
e. tors, composed of not less than three
,e stockholders. Power and authority is hei
m by vested in the board to increase the nu
Of Der OF directors 10 any nurnDer not eNCee
a. ing seven Cd; and the board of directc
Or may fill vacancies in their number, howey
" caused, by election from among the stoc
holders.
a. The board of directors shall be elected 6
E. nually on the first Tuesday, after the Fl
a Monday in the month of January of ca
he year, except the first board which is p
Of vided for in this charter, and which sh
to hold office until their successors are elec'
v, and qualified
ng At the annual meeting held for the el
rs ton of directors, each share OF stock sh
- be entitled to vote, which may be c
u- by the shareholder in person or by proxy.
&c The failure to hold such meetings sh
ID not terminate the corporation, but the {
rs, GERS then in office shall hold over until Ii
re- successors are elected and qualified.
On The first board of directors shall con!
>. of Nathan Sobel, whose address is 5l7 So
d. Scott street, New Orleans, La: Albert
IN Shear, lH s. Hennessey street, New Orle5
ay La, and Ernest V. Richards, Jr., s2l o.
ms ST., Shreveport, La.
II. Each board Of directors shall annu;
;or elect from its midst president, a v
y, president a treasurer and secretary; and
,ca may combine the Office of treasurer with
;iv of either of the other Offices, and it may e
Dr.. secretary who is not director or 81
in holder.
The first president shall be Ernest v. R