The herald., 1921-03-24
CHARTER.
.-rR OF PEARCE FILMS, MOOR
CbAS PORATED.

enee OF the "a snpeared the several persons
ally CANE n,es are hereinafter subscribed
whose E,.n age of majority, VINO declared
Of the ,u ayailig themselves OF the laws
to me t,ste relative to the organization
Of tn.sorstions, and more especially 10 Ael
o. eo " Pro1s. page 521, OF the IeglsIa.Ise ~
%l OF TT tate. they have covenanted and
Of THIS SO hv these presents do covenant
agreed, g. Cor themselves and their sue
and 49, I'D assigns to form themselves
eesesrs enoration and body polite Tor the
into eo, IA nurposes and under the stipu-
obleets ha,a,nafter set forth, to-wIt:
huVns THE name and title of this
AhIa,;on shall be PEARCE FILMS; IN
eonrppypooPATED, and under such ute II
CUM have and enjoy succession LOT
sns,nd Of ninety nine years from uaug ner
Of, anu anu, sue and be sued, make and use
70 eoarete seal. the same 10 break ana
COZ Measure; TO hold, sell, lease, mort.
aher ahsrrnothecate or pledge property, real
gag, or mixed, necessary, incidental
psvaner for the carrying on OF IT'S ousl-
OF Of. ~ M buy and TO hold stock IN any other
semnany or companies that may assIs.
TINS Sa and issue notes and certificates of
20 Ind TO name, elect and appoint
ihsars directors and clerks or other
m,usaes 10 properly conduct its corpor-
emP'pS ysiness and TO make such bylaws
s s.s ,eguIations as may be found necessary
s ~ ,dssirable for the management ana pusl-
~ US sffairs of this corporation.
Article 1.-THE domicile OF this cor
,.rstion shall be in the City of New Or
ipsns. state Of Louisiana, where an eitauon
m "a other legal process SHAH be served
s s1o, The presisent, or in the absence of the
sP.s;dent upon the vice-president, or in the
pphssnce Of both, upon the secretary.
,prrcIE uI-The objects and purposes
Az generation are hereby declared and
80 20 he. To conduct, maintain and
1870 nation picture film exchange in
" states Of Louisiana and Mississippi and
s,sewhere In the United States; 10 purchase
,ssse and hire films for moving picture
,ssch,nes and stereopticans; to sell, lease,
ma archanre and otherwise deal in motion
n;eture Aims; TO supply motion picture
syrbihitors with motion picture films and
"a otherwise operate generally as motion
s;esrre tilm exchange; 10 purchase, sell,
issse ana hire motion picture machines,
stsreopticans, illustrated song slides; TO
mspufacture, purchase. sell, lease and hire
srnnlies of every kind and character in
ssiantsi with or appertaining 10 and used
N lecture. dramatic, operate and musical
PERFORMANCES, vaudeville, moving picture
IA amusement enterprises of every kind,
eSsrseter and description. And generally
"a do any and all other acts and exercise
suy and all other powers necessary or
proper to attain and further any of the
foregoing objects and purposes.
ARTICLE Iv.-The capital stock of this
corporation Is hereby n1ed az az a one sum OF
Two hundred thousand Szyo ~ ~, po ha.
oivieed ,n'v y.,ne A. One hundred $500 o01
DoIIars each; provided, that the amount
"a which the capital stock of this corpora
W., ~ 40 Nv 10 m, noiIars
M0oVooo' loiai
Fifty per cent OF tne eapItal STOCK 1i tnls
corporation must oe suoscIiveu loI ue.oIe
the ming OF tne arucies OF Interpretations
The subscribed eapltsI s,oek Oh this cor
pofation shall DC payable IN easn, Property,
real or personal, or ior services periorineo
Or rendered.
No stoekhclder shall ever be held liable
Or Responsible Ior tne iauits, con.racs or
debts Of TINS eorpos.atsi1n IN any ~. tur aae
sum than the unpaid oaiance que tne TOT
pofston on inv snares VI s.oeA . suoseiv,eu
ior ~ MN, nor snai any lnete ihio fans
b the organization have the enect OF
80 ~ ssshaids, 20 any liability wbatso,
- ~ '.'
3.
s.a.ns. r.t IN ons hund red tbousand es1Oo-
~ ~ r,o,Ia,s ~ the canitaI STOCK has
vU~ poi". ssa y, .ctne,,v nsid an a;thar
= - sssu, r,o.a.tr ~ ssrr;cas as efore.
IA. q INV ~ he stoct Of This cornors.
a.. 4. svchs,asd In whala or in mart FOR
s svS = AZ geoS will in that event the
r,sr,s;c,s NJ Ssct,on three Ial of Act os7
, ,oa1 nm NJ 10 strSct,v nnI,eS NTH
~ -. ss sop.1 VIZ
A ~. vLAh tne eorporats poweis
exercised By board of directors composed
g three stocknoloers, eacn OF whom shaii
W, N ms own ngn'' Guring MS term
y cinee, az ieast one Iuil,paio ana I'M
pledged snare OF the capital STOCK, which
NAL Be shown by his written declaration,
70 ~ Of whom snail constitute a quorum
~ me uansscuon OF business; provided
sa.s tns poara OF directors shaiI nave tne
nsss ~ any uns " Increase tne rumper
~. ~ 'Aaa n'e Vy'
Iht oineers OF TINS corporation snail con-
~ q president, vice-president; secretary
usasurer, al OF wnem snaii oe menu
~ @ tne poard OF directors. any Two
x1.ss ~. 10 more, may De eompinea, II
oersos' 'A1 A''1 W "Ae anu ING Sa'ne
.>s.s. ~ my namso persons snali CON
s s.,sss tne hrst poard OF directors OF TINS
sPorsuon' to-wlt:
J, Eugene Pearce, No. Dunleith Court,
Ax Orleans, La; Hilton j. Hermann,
- STATE Street Drive. New Orleans, La.
~ q Clair Adams, 1926 st. Charles Ave-
sse New Orleans, La. with j. Eugene
tearce a. president and treasurer. st. Clair
LANE % vice-president and Hilton J.
sIs ~ as secretary, and these officers
9au serve until the second Monday in
. ..rn n the year 1922, or until their sue
s,:ou have been duly elected and quaIi-
%
.. aneafter the directors shall be elected
!. .sv On the second Monday of March
n -, ~ year beginning with the year 1922.
"a 1 ~ o. directors shall De ny ballot
= y, soes for each share Of stock standing
my soS re + TO-, e Se cast in person Or by
~ stock preeent a. ,sn,asan.da aaior,y OF
as 49, q eject q board Of directors on
Nm j tss,s Monday in March 1922, or an
= AZ g thIs charter, but the old board |
~ c. sss shall remain in office until |
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