The herald. [volume] (New Orleans, La.) 1905-1953, 1918-02-07
AMENDMENT TO CHARTER
OF THEATRE ADVERTISING COMPANY
INCORPORATED.

United States of America, State of Louisi-
ana, Parish of Orleans, City of New
Orleans.
Be it known, That on this 10Th day of the
one thousand, nine hundred and seventeen
and of the Independence of the United States
of America, the one hundred and forty
second, before me, Frederick Charles Marx,
qualified, in and for the Parish of Orleans,
State of Louisiana, and in the presence of
the witnesses hereinafter named and under
signed, personally came and SppeaIed:
Secretary Treasurer of the Theatre Adver-
Using Company, Incorporated, a corporation
domiciled in the City of New Orleans, and
created under the laws of the State OF Lou
isana, by act passed before the undersigned
Notary Public, on January Third, 1916, and
recorded in the Mortgage Office of this Par.
ish in Book 1885, 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 10Th day of December.
1917, a certified copy whereof is hereto
nexed for reference and made part of this
act;
charter of the Theatre Advertising Company
Incorporated, executed before Fred. c. Marx,
Notary Public in this city, on January
3rd, 1916, recorded in Mortgage Office in
changed by said stockholders in meeting as
sembled on December 10Th, 1917, so that
Articles " and V of said charter shall read
as. follows, viz:
poration shall be increased from Six Thou.
sand Dollars C$6,0O0OO to Twenty Thousand
Dollars (S2OOOOOO), divided into and repre-
scented by two hundred GOO shares of the
| 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, the same may be issued as stock
| dividends at such time and in such amounts
as the Board of Directors shall deem advis-
| able. All shares of stock shall be issued
as full paid and worcestershire, and shall be
| signed by such officers the Board of Direc.
| tors shall designate, and transfer of stock
shall be binding on said corporation unless
! recorded on its stock transfer books.
| No stakeholder of said corporation shall
sell his stock TO any person, until he has
first offered it to the then stockholders Of
the corporation at its then book value, anC
the said stockholders shall have the RICH
after the same has been made in writing aEC
filed with the secretSry-treasurer and gen
eral manager of the corporation.
Any transfer of stock made in violation o
this provision shall not be recognized b,
the corporation.
This corporation shall be going cOncerl
stock has been subscribed for.
The capital stock of this corporation ma.
be increased or diminished in accordanc
with the laws of the State of Louisiana, il
such cases made and provided.
The amount to which the capital stock o
this corporation may be increased is hereb
fixed at one hundred thousand dollars (sl00
000.M."
Article VAN the powers of this corpc
, ration shall be vested in and exercised by
Board OF three directors, each of whom sha
! own at least one share of the capital stoc
of this corporation, and three members sha
, constitute a quorum.
The said directors shall be selected b
ballot at the annual meeting of the share
holders, under the supervision of two con
missioners, appointed by the Board OF Dire,
J tors, which meeting shall be held on III
} third Wednesday of December of each yea
after due notice given to the stockhoder
by the secretary by mail at least fifteen day
! prior. to the date of such election. At a
. meetings of the shareholders each shar
. holder shall be entitled to cast one vote,
/. person or by proxy, on each share of stoc
I held by him, but no person shall vote an
transferred stock within ten days of Il
: holding of said meeting. At all elections
o shall require three fourths of the votes ca
/, TO elect At any meeting of the Board
. Directors any director absent from said NEE
q ing may be represented by another drecto
= who may cast the vote of said absent dire
tor according to the written instructions
said absent director. The Board of Dire
tors shall have the power by unanimous vo
of all the Directors to lease, sell, mortgae
or pledge any and all of the property, NOV
r vation, without reference to the shareholde
for power to do so, and they may also pr
chase for cash, or on credit, property of al
s kind required for any of the purposes
= this corporation, without authority from {
= shareholders. The Board of Directors sh;
have the power to issue or confer gener
power or special power on the President
issue promissory notes and other negotiat
q paper. 1t shall require the unanimous CO
q sent of all directors TO transact any bu
), ness, or pass any resolutions motions.
II The Board of Directors shall have I
4 right and power to declare stock divider
I, in such amounts and at such times as th
deem advisable.
Until the next general meeting to be b,