The herald. [volume] (New Orleans, La.) 1905-1953, 1921-05-05
CHARTER OF THE CRESCENT STARS
AMUSEMENT COMPANY, INC.

United States of America, State of Lou
isiana, Parish of Orleans, City OF New
Orleans. Be it known, That on this the
third day of March, in the year of our
Lord. one thousand, nine hundred and
twenty-One, and of the Independence, of
the United States of America, the one hun
dred and forty fifth; before me, Rene {.
MetOyer. 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 undersigned
personally came and appeared the several
persons all of lawful age, whose names
and post office addresses are hereunto sub
scribed, who declared; that availing them
selves of the provisions of the laws of the
State of Louisiana, relative to the organiza-
ton of trading corporations. particularly
the provisions of Act No. 267, of the Cen
eral Assembly of the State of Louisiana of
1914, they have mutually agreed and con-
tracted, and do by these presents mutually
agree, contract and Obligate themselves,
as well as such other persons who may
hereafter become associated with them, to
form and constitute themselves into a
corporation or body polite in law, under
the name and style, and for the objects and
purposes, under the terms, stipulations.
and provisions contained in the following
articles, to-wit:
ARTICLE 1.-The name and style of this
corporation shall be The Crescent Stars
Amusement Company, Inc, and under its
cession for the period of ninety nine 500
years from the date hereof, unless sooner
dissolved according to law.
ARTICLE 1.-THE objects and purposes
for which this corporation is formed, and
the nature of the business to be carried on
by 1t, is hereby declared to be as follows
To conduct and operate in this city and
state, theatres, auditoriums, baseball parks,
skating Kinks, dancing pavillions, SWIM
ming pools and to engage in any form of
lawful amusements, and to conduct and
operate any and all concessions in or
around such places as may be necessary
adjuncts to the operation of said bust
ness.
To operate, manage and maintain houses
and buildings for the accommodation of
the public and individuals, to lease, rent
and let same to tenants.
To equip, manage and operate reStaur-
ants, cafes, lunchroonfs and barber shops
for the accommodation of the public, and
of individuals.
ARTICLE Hit shall have authority
under its corporate name to sue and be
sued, to make and use corporate seal,
with such inscriptions and device as it
shall deem proper and the same to break
and. alter at pleasure.
To borrow money for all purposes here
inabove set forth, and to issue from time
to time, and to any extent necessary or
convenient in the opinion of the Board
Of Directors of this corporation, negotiable
notes or other evidence Of Indebtedness.
To hold. receive, lease, purchase. SELL
convey, pledge and mortgage property,
both real, personal and mixed necessary
for its objects and purposes. ~
To make and establish such rules, and
regulations for the proper management of
its affairs, as Ii may deem necessary and
proper and the same to amend at pleasure.
To appoint such managers, agents, en-
ployees, and assistants as the interests of
the corporation may require. and the same
to dismiss or discharge at pleasure.
To conduct and carry on it's business in
other states, the Federal districts, and the
territories and possession of the United
States.
ARTICLE Iv.-The capital stock of this
corporation is hereby fixed at the sum of
fifty thousand dollars $50 100000 to be
represented by one thousand shares of the
par value of fifty dollars $4,000 each,
which capital stock may be increased in
accordance with law, to the sum of one
hundred and fifty thousand dollars $780,
0O0.00).
All stock shall be common stock, and
shall be issued only for cash, or for prop
erty actually received by the corporation,
and shall be paid for at such time, and in
such installments as the Board of Di-
rectors may determine.
ARTICLE V.-The domicile of this cor
poration shall be in the City Of New Or
leans, La.
ARTICLE vI.-The corporate powers of
this corporation shall be vested In and ex-
ercised by a Board Of Directors to be CON-
posed of not less than eleven I'D, nor
more than fifteen (15) stockholders, each
of whom shall own in his own right, at
all times during his term Of office at least
twenty COY full paid and unpledged shares
of capital stock of the corporation. Said
Board of Directors shall be elected at
general meeting Of the stockholders, to
be held annually on the second Thursday
of the month of February, and shall hold
Office for the term of one year, or until
their successors are duly elected and
qualified.
Each stakeholder shall be entitled to
one ~ vote I'm person or by written proxy.
for each full paid share Of the capital
stock owned by him, and not transferred
on the books Of the corporation.
All notices Of stockholders meeting for
the election Of directors shall be in writ
ing, and delivered to the stakeholder in
person, or by depositing same In the post
Office, properly addressed to the last known
address of the stakeholder, at least fifteen
days before such meeting. At least two
days before said meeting, complete list