The herald. [volume] (New Orleans, La.) 1905-1953, 1918-01-17
CHARTERS.

/
| Using Company, Incorporated, a corporation
| domiciled in the City OF New Orleans, and
created under the laws of the State of Lou
! isiana, by act passed before the undersigned
Notary Public, on January Third, 1915, and
recorded in the Mortgage Office of this Par.
ish in Book ll95, folio IS, herein acting un.
der and by virtue of the resolutions adopted
at a meeting OF the stockholders OF said
company held on the 18th day Of December,
1917, certified copy whereof is hereto
neNed Tor reference and made a part OF this
| act;
Which said appearers declared that the
charter Of the Theatre Advertising Company
Incorporated, executed before Fred {. Marx,
a Notary Public IN this city, on January
Book ll95, folio as was amended and
changed by said stockholders in meeting as
sembied on December 9th, 1917, SO that
ARTICLES ~ and OF said charter shall read
as follows, viz:
Article IV-"The Capital Stock of this cor
poratIon shall be increased from Six Thou
sand Dollars (So,OOOOO) to Twenty thousand
Dollars S1O.00OO), divided into and repre-.
| par value OF One Hundred $4,000 Dollars
each and when issued shall be paid for in
| cash, or IN property or in the equivalent
thereof or the same may be issued as stock
/ dividends at such time and in such amounts
! as the Hoard Of Directors shall deem advis-
| able. All shares of stock shall be issued
| as iuil paid and worcestershire, and shall be
| signed by such officers as the Board of Direc-
| tors shall designate and no transfer of stock
| snail be binding on said corporation unless
! recorded on its stock transfer books.
| No stockholdcr of said corporation shall
| sell his stock to any person, until he has
| hrst offered II TO the then stockholders of
| the corporation at its then book value and
the sand stockholders shall have the right
TO accept or reject said offer within five DAYS
after the same has been made in writing and
hled with the secretary treasurer and gem
eral manager OF the corporation.
Any transfer Of stock made in violation of
nrgN 1Grp hall -
the corporation.
This corporation shall be a going concern
as soon as nifty per cent 500 OF its capital
stock has been subscribed for.
The capital stock of this corporation may
be increased or diminished in accordance
with the laws OF the State of Louisiana, in
such cases made and provided.
The amount to which the capital stock of
TINS corporation may be increased is hereby
OUO.U)."
Article YAH the powers of this corpo-
ration shall be vested in and exercised by
BOARD OF three directors, each OF whom shall
own at least one share of the capital stock
OF this corporation, and three members shall
constitute quorum,
The said directors shall be selected bv
pditol al me annual meeting of the share
holders under the supervision Of two COM
mssloners, appointed by the Board of Direc.
tors' which meeting shall be held on the
thlTd Wednesday OF December of each year,
80 hdC HONlNG gwen TO the Stockholders
by the secretary by mail at least fifteen DAYS
prior TO the date OF such election. AT all
meetings OF the shareholders each share
hoIdeT snail be entitled TO cast one vote in
person or by proxy, on each share of stock
heId by him, but no person shall vote any
transferred stock within ten DAYS of the
holding of said meeting. AT all elections il
shall require three -fourths OF the votes cast
10 eject AT any meeting of the Board of
directors any director absent from said meet
ing may be represented by another director,
VINO may cast the vote OF said absent direc-
Tor according to the written instructions of
SAID absent director. The Board of Direc-
tors snail have the power by unanimous vote
OF all the Directors to lease, sell MORTGAGE
or OF piedge any and all OF the property, nova
Die and immovable, belonging to the corpo-
Tation, without reference to the shareholders
tor power to do so, and they may also pur-
chase Tor cash, or on credit, property of any
KIND required for any of the purposes of
ms corporation, without authority from the
shareholders. The Board of Directors shall
nave the power to issue or confer general
power or special power the President to
issue promlssory notes and other negotiable
paper. 1t shall require the unanimous con-
sent OF all directors to transact any bust
ness, or pass any resolutions or motions
The Board OF Directors shall have the
night and power to declare stock dividends
deem advisable.
Until the next general meeting TO be held
under this charter the Jrd Wednesday in
December, 1918, the Board of Directors of
this company shall be composed Of Leo
merry, 2lp Robert ST., New Orleans, Id:
EDWARD Chaser, l72 Pension ST., New Or.
leans, La, i. NJ. Engart Houston, Texas
with Leo Berry President l. M. Engart
as Vlce-President; and Edward Glaser as
Treasurer and general manager. In
.sse OF any vacancy either in the above
me SAID vacancy shall be filed by an election
'f the stockholders held in the manner above
provided. And all directors and officers of
hall
heir successors are elected and qualified
failure to hold the annual election or meet.
hg snail not dissolve the corporation, but
ne, ne meeting shall be held as soon as posi-
'ie after the regular date"
ana the said appearers further declared
nat IN compliance with said resolutions
Idopted at the said meeting of Shareholders
i this company they have hereunto AFFIXED
heir signatures, in order that the amend.
nents to the said charter may be duly re.
oTded and published the law directs.
\ nus done and passed, at my Office in the
lily of New Orleans, on the day, month and
Iear hereinabove first written in the ores-
nee OF Henry Waelde and Joseph Rosen-
,erg, competent witnesses, who hereunto sign
heir names with the said appearers and
ne, Notary, after due reading Of the whole.
lSigned) Leo Berry, Pres; Edw. Glaser,
,ec.-Treas.
Witnesses: Henry waelde, Joseph Rosen.
'erg.
FRED. C. MARX. Notary Public.
state of Louisiana, Parish of Orleans
i, the undersigned Recorder of Mortgages
n and for the Parish of Orleans, State of
louisiana, do hereby certify that the above
md foregoing act amending the Act of In
corporation of the Theatre Advertising Com
ANY, incorporated, was this day duly re-
New Orleans, La, December 3lst, 1917
(SigneD EMILE ]. LEONARD,
Deputy Recorder
FRED c. MARX, Notary Public
Ian 3 10 IL "a 81 Feb