The herald., 1921-03-31
CHARTER.
pEARcE FILMS MUM
<asfBS poRATED.

~ Oh ~ our Loru before me, Francis
"a and t wen public in ana loi dnIy
rros. notsii STATE of Louisiana uuis
Of 0rleans' qualified. and IL tht -
sissisBed anu .sisned witnesses lsons
pp's the unde the several persons
,sue and apr hereinafter sup ST. ID
names are ,naiority, who declAreu
~ All age OF tbem selves of the laws
% sat ayalns TO 10 the organization
~ state reind more especially 10 ~
'soorstions, S tSi of the legislative acts
@fsl+ pss..h have cOvenahteu atSt
as state, , .hsse presents do covenant
"a sBd by themselves and thtlr SUI,
ssree for sisns TO form theHlsel "
- and .son ana body polltlc 10. 1m
ecrporarDn and under the s'ipu
,;xts and pp offtpr set forth. to-Wl''
usss hers'I The name and title 81 I ,H
,prCLE lLiihho PEARCE FILMS, IN
sssrstion snSn and under such ilIlt ~
ofPORAIEpi enjoy succession lUI "
IN have anu tine wears from date mere.
"A Of nine' rs mower and authorli!
and shan md be sued, make ana us
esntrsct. sue the same to break anu
,erperste ssa' 70 hold, sell, lease, mort
Ia q pleasua,e or pledge property, Itai
IA. bypo.h', lived. necessary, incur ii'i
r,cBal OF me carrying on OF us nTsi
proper lOi and to hold stock IN any o'n,
II; to buy go Companies that may "sSis.
npany OF rs objects and purposes
n eonpaaY ,ssue notes and certihCales ot
psEe sns 10 name, elect anu "Pp III
dsbteone'S directors and CLERKS OF oon 80
sBsesrs "a properly conduct ts 70! IT,
gIoyr and to make SUN 49, " -'o -,
pus,Istions as may be iouna noa RS,
rs si for the management an"
des ss;rs Of this corporation
crr 1.-THE domicile o. ms ms. cor or
ARTlCLb no IN the City of New or
bnhon sna - iouisiana, where all cltitlon
krs staIe , ~ process shall be server
other sidant or in the absence oil me
bon the Pnnon the vice president or III the
sadeht, 10Th. upon the secretary
'ear ~ rII-The objects and purposes
ARTICLE at;on are hereby declared ana
his eVf To conduct. maintain anu
bied 70 Do,,on picture film exchange IN
bfaie ~ ouisiapa and Mississippi anu
] sales -" tbe United States; TO purchase
! eVher. u hire Aims for moving picture
pc anu "a stereopticans; to sell, tease
sfslnes s a and otherwise deal IN motion
y, ocs sIms. TO supply motion, picture
isr n With motion picture MINIS anu
helIoIs, .s onerste generally as a motl0n
ensissii ain exchange; to purchase, sell
'ss hire motion picture machines
.sscans illustrated song sildes 70
!, sl'ssnre purchase, sell, lease ana hire
uaTss M every kind and charact't IN
,essi with or appertainlng 10 anu Isl
,ssure dramatic, Operauc anu III ,'.,,uI
s,,msnces. vaudeville, moving PTtuL'
4 stnusement enterprises OF every klI IJL,
; .,.ster and description. ana S'r I'I 'iiS
aiae. va ana All other acts and exercise
val ali other powers necessary or
"a attain and further any OF the
! ,s,a,ng objects and purposes
2,ercLE Iv-The capital stock OF TINS
'.s,ation Is hereby fixed at the sum Oh
Y hundred thousand (2OoU0OOl 'oiIars,
,ad into Two thousand t-'Vo) S IN aDS
a, par value of One hundred 'SlUoOu!
ar each: provided, that tne "lloLi,'
ssich the capital stock OF tniS col ma iT'io,
nav he increased shall be One million
NaeoOO) Dollars.
NAV per cent Of the capital stock OF TINS
nsntIon must be subscribed Tor beiore
slne Of the articles OF incorporation.
mbscribed capital stock OF TINS cor
-,tiOn shall be payable In cash, properly,
n q PERSONAL, or for services performed
; rndered.
> :. ssekholder shall ever be held liable
,,saoosihle for the faults, contracts or
M Il this corporation in any further
than the unpaid balance due the cor
'n,Ion on the shares Of stock subscribed
( ~ him. nor shall any mere informality
IL organization have the erect oil
,Sgring this charter null or of exposing
sharehelder to any liability whatsO-
:. vni, corporation shall not engage in
Sness until One hundred thousand tSlOO,'
!. M Dollars Of the capital stock has
In issued and actually paid in. either
~ cash. property, or services as afOre'
IA. Il any Of the stock of this corpora
~ |, 4 exchanged in whole or in part for
y. y sperty or good will. in that event the
- :. divisions Of Section three 60 of Act 26I
nfi shall be strictly complied with.
Al |RTIcLE YAH the corporate powers
N his corporation shall be vested in and
M srlsed BY board Of directors composed
"a thfee stockholders. each of whom shall
4 IA IN his own right, during his tern
q effee. az least one ..full-paid and un
4 kird share of the capital stock, which
n N be shown by his written declaration
4 b u Of whom shall constitute a quorum
81 the transaction of business, provided
4 1T The board Of directors shall have the
/ ztt It any time to increase the number
irectors to not more than five (5).
, fk officers Of this corporation shall con-
o II a president, vice president, secretary
! lftasurer all Of whom shall be mem.
~ b q the board Of directors. Any two
I hss but no,more, may be combined. II
kdrS, and held by one and the sam'
n nsa
D. ne following named persons shall con
mt the first board Of directors of this
~ partion, to-wit;
= hgene Pearce, No. Dunleith Court
n orleans, La; Hilton j. Hermann
: Nste street Drive, New Orleans, La.
on " Clair Adams, 1926 St. CharleS<-Ave
m New Orleans, La, with j. Eugene
% 20 president and treasurer, st. Clail
ID ny vicepresident and Hilton J
. nam as secretary, and these officer.
" we until the second Monday il
u ,o u NE year 1922, or until their sue
y ave been duly elected and quail
a. 'xssiter the directors shall be elected
~ on the second Monday of Marcel
I year, beginning with the year 1922
u ohs Oh directors shall be py ballo
. ~ stakeholder shall be entitled [,
LOT each share of stock standinl
a zane on the books of the corpora
= =, 1s vote to be cast in person or BY
~ s sau IL shall require majority O.
~ present or represented to elect.
- ,n'e 70 elect board Of directors OF
u 4, Ivy Monday In March 1922. or an
~ lsefafter, shall not work a for
n 49,. .his charter, but the old boart
u v, sssan snall remain in office unit
a .s,,es sssofs are elected and qualified.
M ~ N.-The board of director
- lsn lsgnlar meetings at such time
: os.. lxed In the bylaws of this cor
~ Ns These meetings shall he hel,
! N p,.;sanUlle OF the corporation. bu
q has,S ~ may call special meetings o
= NJ de.n directors at such times as h,
"a lfrN a Nv eslsabie, and he shall be re
ux n ropss, n snch special meetings when
~ IL kosssu 70 40 so by three member
n Nh AZ Ia Oh directors. Three days
- ~ II s sash special meetings shall n
~ Mn a. ,ss ihg 10 the directors miles
4 4 D ues, a.'iee Is signed by the directors
Z NJ SsssT securing on the board. eitbe
~ N ss.n fesignation,- INABILITY =
A. M y oe niled by the board az AZ
= ~. us next regular meetin f ~
= As.hey shah have occnr.5s a III
b reont, s.aIectors OF this corporation
he esrs,e 70 draft suitable bylaw
Y nav he s,.ht Of this corporation
q RrlcI S Of the case may REQUIRE
- \ nav y 1.-THE stock OF this corno,
~ M sAsu transferred, provided suc