The herald., 1921-01-20
CHARTER.

In
teen hundred and twenty and OF the IN
dependence of the United States OF AInerLCn
the one hundred and forty-fltth' beloLe
me J. Henry Forcelle Jr., notary pun
lie in and for the Parish of Orleans STATE
of Louisiana aforesaid, duly Commissioners,
sworn and qualified and in the prSse d,J
of the witnesses hereinafter halh'9 anu
undersigned. personally came anu az
nparad the several persons whose names
ar, hereto subscribed. who seNerahS ~
clared that awaiting themselves OF thS pr
visions of the general laws OF TINS So
nroyidinr for the organization OF cOrivI"
lions particularly Act 26I OF l''t lh'E
have covonanted and agreed ana 90 ny
these presents covenant. ayr" anu JIM
them selves as well as all such persons az
may hereafter become aSso'l1I'd ~
Them 10 form and constitute a corporal"h
and body polite in law, for the opJt'ls
and purposes and under the stlpulatlohs
and agreements following, t",Wit; At.
ARTICLE 1.-The name ana uI!e VI Ii'Ln
corpnratiOn shall he the General lh'atl'
supply Company, Inc, and II sAalI ms t
and enjoy succession bN us ~ Ppl"1
name for a period of ninety NM w. a.
from the date hereof, unless sooner uIS
solved. with all the rights and powers nov
or hereafter conferred by law upon slIAl-
lar corporations. c. = -
Orleans. La AID all citations and o'.er
local process shall be served upon 'he
President and in the event OF ms a6Sehye
or in ability to act upon the Nlce-fT resi-
/ a v.
ARTICLE 1.-THE objects ana purposes
for which this corporation is organized ana
the nature of the business 10 Ne 'aIIi'I
on by it are declared 20 he: 10 buN anu
sell. at retail or wholesale, or othHrWl -
| ac0uirp or dispose of and generally TO
| trade and deal in theatres, moving picture
machines, theatre equipment ana suppH'S
| of every nature and kind whatsoever or
| any kind of parapherlai nseu III, 'H vi
| for a theatre; and generally to 30 anu
| perfOrm such acts and deeds ana trans,
| act such business as may be incidental
| or germane t. any of the objects ana
! purposes herein set forth the foregoing de-
4 tails not being intended TO be exclusive.
| il being intended to do any act or ,LlnS
| necessary TO carry cut and accomplish INV
purposes of said corporation.
| ARTICLE III.-The capital stock OF TINS
! corporation is hereby fixed at forty thouS.
and dollars ($40.OO000) to be divided INTO
| four hundred shares OF the par Nalue "l
| one hundred dollars (SlOOOO) each: Whlch
| said stock shall be paid for in cash or IN
property and good will transferred to 81 ~
fcorperatiOn or in work done for or services
| rendered to said corporation, as may ne
decided by the Board of Directors ana
upon terms to be fixed by said Board OF
| Directors.
An transfers of stock shall be made on
the books of the corporation. and no trans
fer of stock shall be in any way binding
On the corporation unless and. until II l.
made in pursuance to the provisions OF TINS
charter. >,
No stockholder of this corporation shall
be permitted to sell or otherwise dispose
of his stock without first Offering the same
in writing, to the other stockholders
through the Board of Directors, at a price
not exec ling tle book value thereof; and
said stockholders, in proportion TO Their
holdings, shall have al option and hrst
right or purchasing all of the shares
stock TO be TINS disposed of by sale OF
otherwise of any of the stockholders, and
shall have period of ten days in which
| TO accept or decline said offer.
SLeuld the stockholders decline to pur'
chase sald stock, then such stakeholder J.
at liberty to sell or dispose of the stock
and may do so in any manner ana AT an
price he may deem fit.
Each share of stock is issued herein
upon the condition and understanding that
no stakeholder shall sell or otherwist
transfer his stock in violation hereof, and
any such sale transfer If made shall
be void and this corpOratiOa shall be "
der no obligation 10 list said stock on II
books or to regard the holder OF the GER
tifcate thereof.
be increased to any amount not exceeding
two hundred and fifty thousand dollars,
Each share of stock shall entitle the
owner thereof. either in person O. by
proxy. to cast one vote at all genera
ARTICLE Iv.-Au the corporate powers
, Of said corporation shall be vested IN and
exercised by a Board of Directors com
, | seven stockh holders, TO be elected at an an
2ual meeting of the stockholders to bt
held on the first Tuesday of December OF
each year; If the date fixed for said cleo
ton fall on a legal holiday, then said cleo
tiOn shall be on the first day thereafter moi
; a legal holiday. All such elections shall
be by ballot: of such elections at leUs
, fifteen days previous notice shall be glveI
{ to each stakeholder, either personally oil
by depositing the same in the postoffc'
properly addressed. majority of thu
votes cast shall elect. and each share o
: stock shall be entitled to one vote TO b'
: cast by the owner in person or by proxy
The Directors thus elected shall serv'
and continue in Office for one year or un
til their successors shall have been dul.
elected and shall have qualified: failur
Il to elect Directors on the GATE above spe
= Gifted shall not dissolve the corporation
u but the existing Board shall cause an
: other election TO. be held within thirt,
$ days thereafter, whereof fifteen days pre-
;. yious notice shall be given.
, Any vacancy occurring in the officers o
u Board from any cause whatsoever shall b
! filled for the IneXpired term by the r.
, naming Directors. Any Director who ma
e be absent from the City of New Orlean
. shall have the right to appoint any stock
- holder of the corporation to vote for hiT
70 at 9ny meeting of the Board, and sue
q proxy shall have and exercise all the pow
4 ers of such Director appointing him.
y A majority of the Directors shall cor
e stitute a quorum for the transaction G
=, all business.
II The Board of Directors shall elect fror
n their numbers President, Vice-Presiden
n Secretary and a Treasurer and sue
u other officers as they may think proper o
'e convenient for the carrying on of the col
~ pnration's business, and shall have powe
> to unite two or more Offices or to dispens
= with any Office in their discretion and (
:, fix the salaries of al officers. agents an
~ employees; the said officers shall continu
u in office FOR one year from such electiO
:, or until their successors are elected an
q have qualified.
= Said Board of Directors shall have fu
le power and authority to exercise all tn
= powers conferred on this corporation b
u these articles OF Incorporation or whic
l. are or may be permitted by the laws az
:, pltable to corporations.
u, The following persons shall constitut
II the first Board of Directors and shall sery
- until the first Tuesday in December, 1872
u or until their successors shall have bee
elected and qualified, viz:-John II. Ms
= jeau, No. 1912 n Robertson Street, Ne
10 Orleans, La; Wyndham Robertson, 224 :
~ Alexander Street, New Orleans, La, an
u Carroll b. Walmsleys 81 Perdido Stree
4, New Orleans, La, with the said John I
~ Majeau as President. and the said WynC
~ ham Robertson as Secretary Treasurer.
ARTICLE V.-This act of Incorporate
may be amended, altered and modified {
10 this corporation dissolved IN the Inannt
rs provided by law and partiCrla rly in col
90 formity with said Act 267 of 1914.
ls ARTICLE VINO shareholder shall eve
vi be held liable or responsible for the col
81 tracts or faults OF this corporation in an