The herald. [volume] (New Orleans, La.) 1905-1953, 1921-07-07
CHARTER.

And the said appearers, as president anu
secretary. respectively, of the sald fearGS
Films Incorporated, ana acting III 90 90
capacities aforesaid and on behat Oh saiu
conferered upon them at the aiOresal1
Sneciol meeting of the stOckholuers Vi
Pearce Films Incorporated, declafeG IiIae
Article Five of the charter OF salu redl ua
Films, Incorporated, passed Oeiore hnen
notary. on March II. 1921. mas Deen
changed, altered and amended TO redu "S
follows, tO-wit:
ARTICLE V-All the corporate powers
of this corporation shall be vested III anu
exercised by board of directors COM
posed of five stockholders, each vi nj" his
shall own in his own right, during ms
term of office. at least one fuil-palu anu
uupledged share of the capltal stOCA
which shall be shown by his written ue
claratiOn, three 90 of whom shali con
stitute quorum for the transaction OF
business.
The officers of this corporation shan
consist of a president, chairman oil the
board vice president, secretary anu treas
urer, all of whom shall be members OF
the board of directors. Any TWO ohices'
but no more, may be combined, II desired
and held by one and the same person
After the second Monday in March. l9-o'
the board of directors, in its discretion
may abolish the office of chairman Oh the
bOrad.
Members OF the DOdTu Ol uitNtOlo S"Ni'
have the right to vote by proxy. II for any
reason they are absent from the City OF
New Orleans at the time of any meeting OF
the board of directors.
The following named persons shall CON
stitute the first board of directors OF TINS
corporation, tO-wit: J. Eugene Pearce,
No 1 Dunleith Court, New Orleans, La. ;
Fred W. Pearce Equitable Building, De
troit. Michigan; Hippolyte Dabezies,
Canal Commercial building, New orleans,
Avenue New Orleans, La; Hilton J. Herr
mann. 1919 State Street Drive, New OF
leans La. with j. Eugene Pearce as presl-
dent and treasurer; Fred W. Pearee as
chairman of the board; st. CAR ADAMS
as vice president, and Milton j. herr,
mann as secretary; and these officers shall
serve until the second Monday in March,
1923 or until their successors have been
duly elected and qualihd.
Thereafter the directors shall be elected
annually on the second Monday in March
in each year, beginning with the year 1913
all elections of directors shall be by Dai-
lot and each stakeholder shall be entitled
to one vote for each share of stock stand
ing in his name on the books of the cor
poratiOn, this vote to be cast in person or
by. proxy, and it shall require a majority
of the stock present or represented TO eject
Failure to elect a board of directors on
the second Monday in March, 1913, or an
nually thereafter, shall not work a Tor,
fixture of this charter, but the old board
of directors shall remain in office until
their successors are elected and qualified
And the said appearers moreover de-
clared that in consequence of the f0regO'
| ing and pursuant to the authority in them
vested by the stockholders OF said Pearce
Films, Incorporated, they do hereby form
ally declare publicly and make known that
| in the manner prescribed by law and
agreeable to the provisions of the charter
of said Pearce Films, Incorporated, Article
Five of said charter, passed before me
notary, on March 4. 1921, has been changed
altered and amended as hereinaboye SET
forth and written, and they do hereby
direct and require that the stated change
and amendment of Article Five of the char
ter of Pearce Films, Incorporated, be re-
corded and published in the manner pre-
scribed by, law, to the end that the said
change and amendment hereafter and al
all times be as hereinabove set forth, as re-
CARDS all persons that are now or may
hereafter become stockholders of the afore-
said company.
Thus done and passed at my Office in
the City of New Orleans, on the day
month and year here first above written,
in the presence of j. n. Swing and +. III
krause, competent witnesses, who here
unto sign their names, with the said APP
bearers, and me, notary, after reading
of the whole.
Original signed: j. Eugene Pearce
H. j. Hermann.
FRANCIS p. BURNS.
Notary Public.
1, the undersigned, Recorder of Mort
cages, in and for the Parish of Orleans,
State of Louisiana, do hereby certify that
the above and foregoing act of amendment
of incorporation, of Pearce Films. Incor-
pOrated, was this day duly recorded in my
office in Book 1858, TO. -.
New Orleans June "a 1921.
(Signed) R0BT. SCOTT, d. r.
true copy.
FRANCIS P. BURNS,
Notary Public.
lima AuU