The herald., 1918-08-22
CHARTERS
2n as may be deemed necessary and

ration shall be established in the city o
New Orleans, State OF louisiana, and al
| citations and other legal process shall b'
served on the President and IN his absence
on the Vice President, Secretary Treasurer
| ARTICLE III.-The objects and purposes
| for which this corporation IS organized, anC
by It, are hereby declared TO be; 20 conduct
own and operate theatres and other places Of
amusement 10 engage IN every branch o.
the motion picture producing industry, Il
make motion pictures, 10 develop motion pie
lures, TO make prints from films. 10 engage
n motion picture laboratory work, 10 MAKE
advertising films and 10 release and Tea'
motion picture films; 10 buy, sell and dea,
IN real estate; and generally, TO do aa-
engage IN any other business, undertake :
or enterprise connected with, or growing Oh
OF, germane or incidental 10, any OF the pr
poses hereina5oye set forth or contenlp. lated
by this Charter.
ARTICLE IE-The capital stock Of .als
corporation IS fixed at the SUN Of Twenty
Thousand (S20.OOU0o Dollars, divided into
Two hundred shares OF the par value Of One
Hundred Dollars each. All shares OF stock
shall be full paid and noa-assessable. W
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 ;he
Board OF Directors. This corporation shall
have the right 20 increase ITS capital stock
TO a further sum OF One Hundred Thousand
Dollars. provided said increase in the capi-
tai stock shall have been authorized by the
stockholders az meeting 20 be held parsI-
ant TO The provisions OF Article V OF this
Charter
ARTICLE V.-AI the corporate powers Of
The company shall BE vested IN, and the
mana eaen. and control OF is affairs shall
be exercised by a Board Of Directors CON-
posed OF three stockholders, the membership
OF which may be increased 20 seven. 4
majority Of the Board Of Directors shall con
s;.;u;e a quorum Tor the transaction Of all
annually by ballot, by the stockholders on
the second Tuesday in August IN each year
Each st0ckholder shall! be entitled in person
OF by proxy 10 a vote for every share owned
BY hlG, and al! elections shall be held IN
der such rules and regulations as may be
determined by the Board Of Directors, after
fifteen days notice by mail OF such e,eC-
;lon shall have been sent 70 each stockholter
az his last known address. The directors
mus elected shall continue in office for one
year, or until their successors shall haze
been duly elected and qualified. No failure
70 elect shall be regarded as a forfeiture Of
tAiS charter. Any vacancy occurring on
said board, shall be filled by the remaining
directors for the uneNpired term; the said
board shall likewise elect the additional
members IN case they should determine 20
increase the number Of said Board. Said
board OF directors shall az lis first meeting
after ITS election, nominate out OF its mum
Der, a President, a Vice President Secretary
Treasurer. Said Board shall have the riEh.
70 sever or 70 consolidate any OF said Of
ticeS into one, as also the right 10 appoint
and dismiss such clerks, managers. and other
employees Of the corporation as conditions
may Justify the business Of the CORPORA.
.ion may require. The tenure OF office Of all
The employees Of the corporation shall be
during the pleasure OF the Board OF Direc-
tors Any Of the directors shall have the
night % appoint by written instrument an
7taer director or stockholder TO act as his
proxy and in his stead at any and all 1ree-
The R1l-i 81 Ds-a-.---
ARTICLE VINO stockholders shall ever
De he!d liable or responsible for the con.
racis. faults Or de5:s of said corporation.
Tor shall any mere irtornality in its orga-
lizatlon have the effect OF rendering this
;aarte- null, or Of exposing a s;0ckholder
o any liability beyond the unpaid balance
Tue on the shares owned by him.
AK ilCLE NLL-This act o: incorporat on
nay be changed. modified or altered or this
'orporatiOn may be dissolved with the a.
tent OF the stockholders owning ;wo-thiris
y all the stock OF the corporation at gen
raj meeting convened for that purpose, and
t nc al .eas' zen days written notice Of
ms meeting has been given through mail
addressed 70 each shareholder az his La.
'nown place Of residence. In case OF dis (
.olution by the expiration Of this charter or
,tAerw!se ne stockholders shall elect three
EDUCATORS from among their number. to IT, /
iuidate and settle the business and affairs
y tAe company. In case Of death or dis !
-oi!ty OF any one Of said commissioners ar /
EDUCATORS the survivors or the remaining !
iquidators. shall app0in; successor 10
I'm The said liquiiators shall have full |
'oWeT 70 settle said company's affairs col |
ect outstanding debts, sell and convey prop
rty' pay Its debts, and divide the remain |
nS money and property among the s-ocL |
folders. They shall also have power 70 meet |
ma act under the bylaws Of the corporation |
nd under regulations to be made by A ma.
ority OF said liquidato-s; TO fix the price 4
nd prescribe the terms and sale Of sad 4
roperty. and the manner in which The ssIe
AsI be made, and take notes and bonds Sc
Eed Oy mortgage or otherwise. for part Of /
ne purchase price for all or any par; Of
a'i property, provided, however that he
Igais herein conferred upon the liouida
DIS may be modified. changed or de7ied nv
majority OF the shares Of the capital stool,
the corporation. The said liquida;ors shall
ave authority 70 sue for and recover the I
ebts and property in the name Of the cor
Grafton and may be sued BY the same name
nd they shah be liable in solido n am
-editor or stockholder for the monies and
roperty OF the corporation. which shall come
their hands or possession as liquida;ors
ma tor the proper application and dis.ri.
ARTICLE VIII.-PhiIip Fo,o. whose Dos,
,ree address Is 29S5 Grand Route St John.
'eW orleans. La. has subscribed to fiftv
1ares: Morris Baer. whose post office adj !
ress Is 2Dl 8 Gayos0 St New Orleans IA
as subscribed to fifty shares. and Frank {
Anstein, whose post office address Is POI
red shares
Until the election 20 be held on the twelfth
~ 81 August. 1919. the following shall con
l:ute the first Board Of Directors. viz.
hihP Foto, Morris Baer and Frank s. Elm
ein, with the said Philip Foto as President.
le said Morris Baer as Vice President. Sec
,tary- Ireasure and the said Frank s. Elm
Elm as Director
Thus done and passed in my office. on the
ay.. month and year. first above written.
the presence Of Joseph L. Weiss and PEI
val II. Stern. competent witnesses who
ave signed with the appearers and me. the
,tary, after reading the whole
witnesses; P. II. Stern. J. L. Weiss
Original Signed
Morris Baer. 80 shares. Frank s Eins,ein.
. shares; Phil Foto. 81 shares
FELIX J. DREYFOUS.
A., Not. Pub.
l. re undersigned. Recorder OF No-tg1grs
the Parish Of Orleans, do hereby certify
at the above and foregoing act Of Inc1r-
ration of the Napoleon Realty & Aruse-
ent Co.. Inc. was this dav duly recorded
my office, in Book l22 Folio "a
New Orleans. August 18th 1918
. (Signed) EMILE ]. LEONARD. d. R
true copy from the original act.
FELIX J. DREYFOCS.
Aug. 1929; Sept. s-I2-l9.
SMARTY.