The herald. [volume] (New Orleans, La.) 1905-1953, 1921-11-03

CHARTER OF MOTION PICTURE AID
yERTIsING SERVICE CO., INC.
United States of America. state of Louis
lana, Parish Of Orleans. City of New Or
leans, BE IL known, that on this, the first
day of the month of September, in the
year of our Lord, one thousand. nine hun
drcd and twenty -One, before me. Charles
Schneidau. a notary public. duly commits
stoned and qualified in and for the Parish
OF Orleans, State of Louisiana, therein re-
siding, and in the presence of the wit
neSses hereinafter named and under
signed, personally came and appeared the
persons whose names are hereuntO sub
scribed. all of full age of majority, who
seyerally declared that. availing themselves
of the provisions of the act of the legis
lature of this state. being known as Act
No. 267 Of the session of 1914, they do, by
these presents, covenant, agree and bind
them selves, rs well as all such other per
sons as may become hereafter associated
with them, in order to form and constitute
a corporation or body polite in law, for
the objects and purposes, and under the
stipulations, articles and agreements fol-
lowing, tO-wit:
ARTICLE THE name and title of this
corporation shall be Motion Picture Ad-
vertising Service Co. Inc. of New Or
leans, La, and 1t shall have and enjoy
succession and existence for q period of
ninety nine years from the date hereof. 1t
SHAH have, enjoy and possess all the
accorded to corporations under the law.
ARTICLE 1.-THE dOmicile of this cor
pOratiOn shall be in the City Of New Or
leans, State of Louisiana, where all eta
tons and other legal processes shall be
served on its regular officers, according to
law, fixed by this charter.
ARTICLE III-The objects and purposes
for which this corporation is organized.
and the nature of the business to be car
ried on by Ii are hereby declared to be {:
To furnish motion picture advertising ser
vice TO any person, persons, firm or cor
pOratiOn. either in the City of New Orleans
or elsewhere, to make contracts for such
service, prepare necessary films and equip
ment, to furnish same, and to do all acts
and things requisite and necessary, in
order to furnish such service as may be
incidental and proper to said business.
ARTICLE IV-The capital stock of this
corporation is hereby declared to be the
sum of fifty thousand dollars ($50,0O0O O)
| divided into five hundred $500 shares of
common stock, of the par value of one
hundred dollars (S100.O0l per share.
The capital stock of this corporation
may he increased to one hundred fifty
thousand dollars ($15O,OOOOO,-the said
increase of one hundred thousand dollars
SlOOOOOO) to consist of one thousand
10000 shares OF common stock, of the par
value of one hundred dollars (s10000) per
share.
ARTICLE V-The corporate powers of
this corporation shall be vested in board
Of directors, which shall consist Of not less
| than five shareholders, and they will be
elected by the stockholders at a general
| meeting held on the first Tuesday in Sep
TENDER of each year.
The board of directors shall have the
power to make all bylaws, rules and regu-
lations necessary for the conduct of the
business affairs of said corporation, and
| said corporation shall have the following
| officers: a president, a vice president, and
| secretary treasurer.
ARTICLE VI-The first board of direc-
tors and officers shall serve for one year
| from date, or until their successors are
duly elected and qualified, and shall be
Lauren j. Bradley, Of New Orleans, La,
president, who hereby subscribes for 247
shares; VIM. johnson, of New Orleans
La, secretary treasurer, who hereby sub
| scribes for 247 shares: Ole A johnson,
Of Gulfport, Miss, who hereby subseribes
! for 2 shares; Walter ID. Bradley, vice.
president, of New Orleans, La, who here
by subscribes for 2 shares; and Johnston
Armstrong, of New Orleans, La, who here
by subscribes for shares.
And whereas, the subscription to the
capital stock Of this corporation, organized
| by this act, consists, in part, Of property
and good will, so far as the subscription
Of VIM. johnson and Lauren J. Bradley
| are concerned. there Is annexed hereto, and
marked Exhibit A., a detailed statement
of the assets and liabilities Of the Motion
Picture Advertising Service Co., a CO.
| partnership composed Of Lauren ]. Brad
| assets and liabilities with an excess OF
assets, in the sum Of $16616.64, which Is
appraised by the board Of directors Of this
corporation at the sum Of $16,O0000
There is also. as shown by the annexed
Exhibit b., contracts belonging to said
| corporation, aggregating the sum of $685.
10000, from which a profit Of 100000 ne,
will be realized, and said profit is hereby
appraised at 100000 by the board of di
| rectors Of this corporation.
The good will, trade and custom Of the
| said co-partDership is hereby appraised
| by the said board Of directors Of this cor
poration at the sum of 100000, making
| total OF $50,0OO.0O, Of which $40, 10000 Is
| to be credited, in equal protions, to the
| subscriptions Of the said Lauren ]. Brad
ley and VIM. johnson. composing said
| firm, each Of whom agrees not to engage
in any competitive business for the space
| Of three years-the said good will, trade
| and custom being so appraised, after per.
sonal investigation on the part Of the said
| board of directors Of this corporation.
Thus done and passed at my office in
the City of New Orleans, State Of Louis
lana, on the day, month and year here
| in first above written, In the presence Of
John c. Swope and B. l.. Ray, the under
who bereunto sign their names with said
appearers and me, notary, after due read
| ing Of the whole.
| Witnesses: John c. Swope, B. L. Ray
(ORIGINAL SIGNED3
l.. J. Bradley, W. johnson, Johnston
Armstrong, w. ID. Bradley. o. A. johnson
| CHARLES SCHNEIDAU,
| (SeaD: Notary Public
/, the undersigned, Recorder Of Mort
cages, in and for the Parish Of Orleans
i State Of Louisiana, do hereby certify tina
the above and foregoing Act Of Incorpora
| ton of the Motion Picture Advertising
/ Service Co., Inc, was this day duly re
corded in my Office in Book 1263, Foh'
ITO.
New Orleans, September 9th. 1921.
(Signed): ROBT. SCOTT,
iSeaD: Deputy Recorder
Sept. 29-Nov. 8.
AMENDMENT TO CHARTER OF TH1