The herald. [volume] (New Orleans, La.) 1905-1953, 1918-09-12
CHARTER OF
NAPOLEON REALTY & AMUSEMENT
m INC

United States Of America. State of Louisiana,
City of New Orleans.
Be it known. That of this twelfth day of
the month of August, in the year one thou
sand nine hundred and eighteen.
Before me, Felix ]. Dreyfous, a Notary
Public, duly commissioned and sworn in for
the Parish of Orleans and City of New Or
leans, therein residing;
Personally appeared, the persons whose
names are hereunto subscribed, who declared
that availing themselves of the provisions
of the laws of this State, relative to the
organization of corporations, and more par
ticularly Act No. PSI of the General Assembly
of this State, approved July 9, 1914, they
have covenanted and agreed and do by these
presents. covenant and agree, bind, form and
constitute themselves, well such per-
sons who may hereafter join or become
ISOLATED with them, into corporation and
body polite in law, for the objects and pur
poses and under the agreements and stipu-
lations, following, to-wit:
ARTICLE 1.-The name and style of this
corporation shall be: Napoleon Realty &
it shall have and enjoy all the rights, privi
leges. and advantages granted by law to
corporations; it shall exist for the period Of
ninety nine years from this day; it shall have
its corporate name; to make and use a
corporate seal, and the same to break
or alter at pleasure; to hold, receive, pur-
chase, convey. mortgage; hyPotheeate; or
issue bonds. notes and other obligations or
| negotiable instruments; TO have and employ
| such managers, directors, officers, agents and
| other employees as the interest and convent
ence of said corporation may require or de-
mand; to make and establish such bylaws,
| rules and regulations for the corporate man
| agement and control of the affairs of the
corporation as may be deemed necessary and
| ARTICLE 1.-THE domicile of said corpo-
ration shall be established in the city of
New Orleans. State of Louisiana, and all
| citations and other legal process shall be
on the Vice President, Secretary Treasurer.
| ARTICLE III-The objects and purposes
| for which this corporation is organized, and
the nature of the business to be carried on
BY it, are hereby declared to be: to conduct,
own and operate theatres and other places OF
amusement; TO engage in every branch OF
| the motion picture producing industry, to
make motion pictures. to develop motion pic
| in motion picture laboratory work. to make
| advertising films and to release and rent
| motion picture films; to buy. sell and deal
| in real estate; and generally, to do and
engage in any other business, undertaking
| or enterprise connected with, or growing out
| of. germane or incidental to, any of the pur.
| poses hereinabove set forth or contemplated
| BY this Charter
| ARTICLE IV-The capital stock of this
| corporation is fixed at the sum OF Twenty
Thousand (s20.000.00) Dollars, divided into
| Two Hundred shares of the par value OF One
| Hundred Dollars each. All shares Of stock
shall be full paid and worcestershire. No
| transfer of stock shall be binding upon the
corporation unless made upon its books and
| all certificates of stock shall be signed by
| such officers as may be designated by the
| Board of Directors. This corporation shall
have the right to increase its capital stock
TO further sum of One Hundred Thousand
Dollars, provided said increase in the capi
tai stock shall have been authorized by the
| stockholders at a meeting TO be held pursu
ant to the provisions of Article OF this
| Charter
| ARTICLE V.-AlI the corporate powers Of
the company shall be vested in. and tn,
management and control of its affairs shall
be exercised by a Board of Directors com
posed of three stockholders. the membership
of which may be increased to seven.
majority Of the Board Of Directors shall con
stitute a quorum for the transaction OF al
business The directors shall be elected
annually by ballot. by the stockholders OF
the second Tuesday in August in each year
Each stakeholder shall be entitled in perso'
or bv proxy 10 a vote for every share owne'
! nv him. and all elections shall be held IN
, der such rules and regulations as may b
, determined by the Board of Directors. afte
: fifteen davs' notice by mail of such cleo
ton shall have been sent to each stockholde
: at his last known address. The director