The herald., 1920-03-25
BUS. ROUEN.
Notary Public

United states of America. stat" or
Louisiana. Parish of Orleans. city of New
Orleans. he il known. that on TINS TWEEN
/ ty-Scvcnth day of the month or February
in the year one Thousand Nine Hupdred
and twcrty. before me. Charles ROSen, Il
Notary Public in and for the Parish of
Orleans. State of Louisiana, duly cOmmls-
stoned and qualified. therein residing. and
i'm the presence of the witnesses herein
after named and undersigned. personally
came and appeared. the several persons
whose names are hereuntO subscribed. all
of the age Of majority. who declared that.
awaiting themselves of the laws of tn"
State of Louisiana. in such cases made"
aud provided. they do hereby agree aud
bind themselves. their associates and sue
caS>OrS. to form a corporation under the
articles and StipulatiOnS following, which
they hereby adopt as their Charter, to-wlt:
ARTICLE I. The name aud title of this
corporation shall be Gulf Coast .AmuSc-
mcnt Company Inc. and by its corporate
name the said corporation shall have and
enjoy all the fights. powers. privileges.
and advantages granted by law To corpor-
ationS. including the power and authority
to have and enjoy succession for the fun
term and period of ninety nine years from
the date hereof To contract, sue and he
sued: to make and use a corporate seal.
aud the same TO break or alter at pleas
urc; to hold. receive. purchase. lease. sell,
! and convey. as well as mortgage. hypOthe-
/ cate. and pledge. under its corporate name.
property. real. personal and mixed to
name and appoint such managers. direc-
tors. officers. OvcrScorS. agents. and other
employ eeS as the interest and convenience
of said corporation may require: to make
ana establish such bylaws. rules and reg
~ulatiOnS for the proper management and
regulation of the affairs of said cOrpOr-
alton rs may he necessary and proper. and
the same to alter or chang" at pleasure.
ARTICLE II. The domicile of said cor
-, al.rl ~ nrIaAn IN VIA
Parish of Orleans. State of Louisiana. and
all citation and other legal process shall he
served on its president. and in case of his
absence from the Parish. then on either
of its vice presidents. and in ease of the
absence of the president and the pres
idruts from the Parish. then on the secre-
tary; and service of process may also be
made in the manner otherwise provided by
law.
ARTICLE III. The objects and purposes
for which this corporation is formed and
the nature of the business to be carried
on by il are hereby declared to he as fol
lows: The carrying on and conducting
generally of motion picture. theatrical and
amusement businesses. with the right to
have and maintain theatres or other places
of amusement in as many places whether
in Mississippi. Louisiana. or elsewhere as
the board of directors of this corporation
may deem proper. and to do any and all
things necessary TO. connected with or in
cidental to the carrying on of the fore
going businesses or any of them.
ARTICLE ". The authorized capital
: stock of this corporation is hereby fixed at
the sum Of fifty thousand (SJO.O0O) dollars.
divided into five hundred C50O) shares of
the par value of one hundred (Sl0OD dollars
per share. This stock may be issued either
for cash, or for property. services or la
hOr advanced to or purchased by. or rem
dered to 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, labor and serv-
ices and the judgment of the board Of di-
rcctOrS acting within the scope of the dis
erection 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 sur
plus or net profits to purchase and acquire
shares Of stock of this corporation. and to
reissue the same subject to such restrict
ions and for such price and upon such
terms and conditions as the board may
deem proper. Every transfer of any share
or shares of the capital stock shall be
made on the books of the corporation sub
ject TO such rules and regulations as the
board of directors may prescribe. The
capital stock Of this corporation may be
increased TO two hundred and fifty thou
sand (S2J0.0 00) dollars.
ARTICLE VI The business and affairs
WI MS 'OTIoEdllOH SlHh ne tdTTlpu OH
and conducted by a board of directors
composed of not less than three nor more
thar nine of the stockholders thereof, as
determined by the stockholders from time
TO time. Should the stockholders elect
less than nine, the board of directors may
elect additional directors up to the full
number. IL any director shall cease to be
Il stakeholder during his term of office. or
in the event of the resignation or death of
any director or officer. the board may de-
clare his office vacant and fill said va
cancy by electing his successor. who shall
hold office until the next annual meeting
Of the stockholders, and until his sue
cessor is elected and qualified. Any direc-
tor may authorize any other stakeholder
70 represent him at any of the meetings of
the board. and to cast his vote on any and
all questions which may come before said
meeting. The following named persons are
hereby declared to constitute the first
board Of directors and officers: and they
shall hold office until the first Monday
in February, 1921, or until their successors
are duly elected and qualified, and their
names and post office addresses are as
follows. to-wit: Julian II. Saenger. 1852
GENTLY Terrace. New Orleans. La: Victor
c. Howard, 2517 st. Ann street. New Or
leans, La; A. o. Bourbon, Biloxi, Missis-