The herald. [volume] (New Orleans, La.) 1905-1953, 1921-10-20
CHARTER.

tious 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 tie nature of the business to ur car
rvd on 10y il are hereby declared To be-:
To furnish motion picture advertising ser
Nl,'' % any person, persons. firm or cor
puTHiuu. either in tI" city of New Orleans
or elsewhere 20 make contracts for such
service. prepare necessary films and equip
wuLt, 20 furnish same, and to do all acts
and things requisite" and necessary, IN
order tn furnish such Srryi," as may be
incidental and proper 10 said business.
ARTICLE lV-The capital s;och of this
corporation Is hereby declared To bc the
sum Of fifty Thousand dollars iNInOCN OOD
divide! into tive hundred (5pO) shav~ of
common stork Of the par value OF one
! hundred dollars tSlepU per share.
The capital stock of this corporation
may he increased To- on, hundred nifty
thousand dollars $4,000 Uul. the said
/ increase Of one hundred thousand dollars
tSlnouOurOl to consist Of one thousand
/ OUOol shares Of common stock. Of the par
value Of one hundred dollars Gl00Co) per
share.
| ARTICLE V-Thc Corporat" powers of
/ this corporation shah I've vested in board
/ of directors. which shall consist Of not less
/ than i've shareholders. and they will BE-
/ elected 10y the stockholders at general
/
! tcWhcr OF each year.
The board Of directors shall have the
/ power To MAX" all bylaws, rules aud ro-u
/ lattonS 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
| 4 secretary treasurer.
| ARTICLE NI-Thc first board of dircc-
tors aud officers shall serve for one year
/ from date, or until their successors ar,
duly elected and qualified, and shall be-
Lauren j. BRADLEY. OF New Orleans la.
president. who hereby suhSCribcs for 24i
shares, VIM. johnson, of New Orleans
La, secretary treasurer, who hereby sub
scribcS for pa shares: Ole \. johnson
of GulfpOrt. Miss. who hereby subscribe,
for shares; Walter II. bradley, vice
president, of New Orleans, La. who here
10y suhscribUS for shares; and Johnston
Armstrong. of New Orleans, La, who here
10y subscribcs for shares.
Aud whereas. the subscription to tn
capital stock of this corporation, organize
! by TINS 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. anC
marked Exhibit A., a detailed Statemen
of the assets and liabilities of the Motion
Picture Advertising Service Co.. co
=. partnership composed of Lauren J. Brad
, Icy and said VIM. Johnson. showing tn
assets and liabilities with an excess q
!
; appraised by the board of directors of thi
corporation at the sum OF SlGOO00O
There is also, as shown by the anneNe
Exhibit r., contracts belonging to salt
corporation, aggrcgating the sum Of SO,
10000, from which Il profit Of $OO0O ne
will be realized and said profit is hcrcb
appraised at 100000 by the board of d
rectOrs of this corporation.
i The good will. trade and custom Of tn
! said CO-partucrShip is hereby appraiSc
. by the said board of directors of this COZ
, pOration at the sum of %3O,OOOOO, maxim
, a total of $J0Oo0.00, Of which Si94OOOO
. to be credited, in equal prOtiOnS, To I'll
o subscriptions of the said Lauren j. Brat
+ ley and VIM. Johnson. composing sal
: firm. each Of whom agrees not to eugag
in any competitive business for the SpaC
E | of three ycarS-th2 said good will, trad
: and custom being so appraised, after pei
- SOnal Investigation on the part Of the sal
: board Of directors of this corporation.
a Thus done and passed at my Office
VI ! the City of New Orleans State of LOui
I lana. on the day, month and year her
a in first above written in the presence
n John G. SwOpe and Il. l.. Ray, the undo
" signed competent witnesses, here resfdin
= who hereunto sign their names with sa
" appearers and me, notary, after due rea
= ing of the whole.
J. witnesses: John C. Swope, Il. Il. RIA
- ORIGINAL SIGNED0
- /. j. Bradley, w. Johnson, JOhnst
n, -AIlIStIOHS, W H. I'Tdul'S' ". ~ JohhH'
:, CHARLES SCINEIDAU,
- (SeaD: Notary Publ
- /, the undersigned, Recorder of MOI
- cages, in and for the Parish of OrleaI
&c State of Louisiana, do hereby certify tn
- the above and foregoing Act of IncorpOr
u tion of the Motion Picture Advertise
4 Service Co, Inc, was this day duly
= corded in my office in Book 1858, Fo
I 10.
=, New Orleans, September 9th. 1921.
(Signed): ROBT. SCOTT
: (SeaD: Deputy Records
: Sept. 29-Nov. 2.