The herald. [volume] (New Orleans, La.) 1905-1953, 1919-06-19
CHARTER.

ton is hereby amended as follows to-wit:
| That Article One of the Charter be amend
ed to read as follows:
| ARTICLE 1.-The domicie of this corpo-
| ration is hereby fixed in the City of New
Orleans, Parish of Orleans, Louisiana,
where all legal process shall be served at
| the office of said corporation in the man
ner provided by law.
amended SO as to read as follows:
ARTICLE III.-The objects and purposes
| of this corporation hereby declared to
| be the carrying on and conducting generally
| of theatrical and amusement businesses, with
| the right TO have and maintain theatres
places, whether in the State of louisiana
! or elsewhere, as the Board of Directors of
| the corporation may deem proper, and also
| to engage in the business of booking purchas-
| ing leasing and otherwise acquiring for
other moving picture exhibitors or parties
| moving picture films and theatrical supplies,
| and to act as the agent OF other moving pic
| ture exhibitors and parties in the purchas-
| ing, leasing or otherwise acquiring moving
picture films and other theatrical supplies
| on commission or otherwise.
That Article Four as heretofore amended
| be now amended so as to read as follows:
| ARTICLE 'IV.-The capital stock of this
| corporation is hereby fixed at the authorized
| sum of Five Hundred Thousand ($5OO0O0OO
Dollars, to be divided into five hundred thou
sand 100000 shares OF the par value Oh
one (Sl.00) dollar each. This stock may
| be issued either for cash for property,
| service or labor advanced to, or purchased
| by, or rendered to the said company; and
| the Board OF Directors of said Company is
| hereby vested with full power and authority
| to pass upon the value OF SAID property, Ia
Dor and services and the judgment of the
\ Board of Directors acting within the scope
of the discretion hereby conferred shall be
| final and conclusive, provided that said
stock shall not be issued at less than par
L tho rod he
Board of Directors is authorized from time
/ to time out of the earned surplus or net
profits to purchase and acquire shares OF
the stock of this corporation and to reissue
fthe same subject to such restrictions and for
such price and upon such terms and condi-
tions as the Board may deem proper
| That Article Six of said corporation as
heretofore amended be now amended SO as
, to read as follows:
ARTICLE VI.-The corporate power Of
this corporation is hereby vested in Boarc
of Directors, composed of nine persons, eacf
of whom shall hold in his own right at al
times during the term of office one full,
paid and unpiedged share of the capita
stock of the Corporation. The eight direc
= tors heretofore elected at the meeting o
the stockholders held on June 4th, 1917, O
their successors shall hold office until thei
term expires or until their successors ar
J; elected. The ninth director is hereby de
I clared to be Sidney L. Herold of Shreveport
{ The said eight directors heretofore electec
! or their successors and said Sidney L, Her
\ old shall hold office for five years from
y June 4th, 1917. Thereafter the Board shall b.
o elected annually on the first Monday o
July of each year. The manner of fillin,
vacancies on the Beard of Directors may b.
provided by bylaws of the Corporation
which shall be equally as binding upon thu
corporation and the stockholders thereof a.
if provided in the Charter, The majority
of the Board of Directors at any meeting
held shall constitute quorum for the trans
action of business. At any and all meet
ings of the Board of Directors of the Cor
poration, the Directors may vote either ir
person or by proxy given to another Drec
tor. The mode of giving notice of Drec
tors meetings shall be provided by appro
pirate bylaws.
, Thus done in my office, in the City OF
New Orleans, State of Louisiana, in the
presence of H. NJ. Wheelahan, and John A.
Ross, competent witnesses of legal age, re-
siding in the City of New Orleans, La, who
hereunto sign their names with said ap-
bearers, and me, Notary, on the day and
date first above written, after due reading
Of the whole.
Witnesses: H. NJ. wheelahan, John A.
Ross.
Original Signed ]. H. Saenger, President;
E. V. Richards. Jr.
Notary Public.
May 9, 1919
I, the undersigned. Recorder of Mortgages
in and for the Parish of Orleans, State OF
| Louisiana, do hereby certify that the above
and foregoing Act of Amendment of the
Saenger Amusement Co., Inc, was this day
duly recorded in my office, in Book 122S
, Folio 49,
, New Orleans. May l4th. 1919
} ,tSigne0 EMILE J. LEONARD. by. R
A true copy.
CHARLES RosEN.
Notary Public