The herald. [volume] (New Orleans, La.) 1905-1953, 1919-06-05
AMENDMENT TO CHARTER OF SAEN-
GER AMUSEMENT COMPANY,


United States of America, Parish of Or
leans, City of New Orleans, State of Louis
lana. Be it known, that on this ninth day
of the month of May, in the year of our
Lord, thousand nine hundred and nine
teen, before me, Charles Rosen, Notary
Public, duly commissioned and qualified, in
and for the above Parish, and in the pres
of the undersigned witnesses, residing
in this city, personally came and appeared,
Julian III. Saenger, President, and Ernest
v. Richards, Jr., Secretary of Saenger Amuse-
ment Company, Inc, corporation organized
and existing under the laws of the State
of Louisiana, by Act of Incorporation passed
before ]. A. Thigpen, Notary Public, in the
Parish of Caddo, State of Louisiana, the
i4th day of August, 1918, who declared that
at a meeting of the stockholders of said cor
poration held on February 18th, 1919, at
which all of the stockholders were present
or represented, the Charter of said corpora
ton was by unanimous vote by all of said
stockholders amended as hereinafter set out
certified copy of the Minutes of said meet
ing being hereto annexed.
In pursuance thereof said appearers do
now appear before me, Notary, to make an
authentic act of said amendments. and do
hereby declare that said Act of Incorpora-
tion is hereby amended as follows, to-wit:
That Article One of the Charter be amend
ed so to read as follows:
ARTICLE 1.-The domicile of this corpo-
ration is hereby fixed in the City of New
where all legal process shall be served at
the office of said corporation in the man
ner provided by law.
That Article Three of said Charter be
amended to read as follows:
ARTICLE III.-The objects and purposes
of this corporation are 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 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 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 (S500,O00 00)
Dollars, to be divided into five hundred thou.
sand 100000 shares of the par value OF
ono (Sl.0O dollar each. This stock may
be issued either for cash or 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
value upon the valuation so fixed. The
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
the 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
b read as follows:
ARTICLE VI-The corporate power of
this corporation is hereby vested in a Board
OF Directors, composed of nine persons, each
OF whom shall hold in his own right at all
times during the term of office one fully
paid and unpiedged share of the CAPITAL
stock of the Corporation. The eight direc-