The herald., 1921-10-06
CHARTER.

ARTICLE 1.-THE domicile Of this cor
pOration shall be in the City of New Or
leans state of Louisiana, where all Cita-
lions and other legal processes shall be
served on its regular officers. according 10
law, fixed by this charter.
ARTICLE III-The objects and purposes
Tor which This corporation i organized
and the nature of the business 10 be car
riet Oh by IL are hereby declared To- nr a.
To furnish motion picture advertising ser
NlcH 10 any person, persons firm or cor
Puratlou, either in the city of New Orleans
or elsewhere. 10 make contracts for such
service, prepare necessary films and equip.
meht. to furnish same. and 10 DO all acts
and things requisite aud necessary H.
order 10 furnish such SrTyir" Us may he
Incidental and proper 10 said business
ARTICLE IV-The capital stock OF thi,
corporation i hereby declared 10 Doe the
sum Of nifty thousand dollars t&IOUrU uUl .
divided int" five hundred ,JoNl shares OF
common stock. Of the par yulu, of one
hundred dollars $4,000 per share
The capita. stock Of this corporation
may lie increased g. on, hundred fltty
thousand dollars tNiJu $40 uuI tho said
lhcrcaN" Of one hundred thousand dollars
iNlUv"po"l To consist of one thousand
tlotNt shares of common stock. Of tho t,4r
value Of one hundred dollars $4,000 per
share.
ARTICLE V-The corporate powers Of
TINS corporation shall b." vested ia 20 board
/ than hvr shareholders and they viii be-
elected by the stockholders az "a general
meeting held on the first Tuesday IN Sep
| TENDER of each year.
Tn" board of directors shall have. IA,
/ power to max" all bylaws. rules and rca,u.
/ iatloH> necessary for the conduct of The
] business affairs Of said corporation. and
/ SAID corporation shall have the following
/ Officers president. vice president and
. "a secretary treasurer.
/ ARTICLE NI-Thc first hoard of dire
4 tors and officers shall serve. for ON, wear
/ from date" or until their successors ar,
/ duIN elected and qualified. aud shall hr
/ Lauren j. bradley, of New orleans La.
/ president, who hereby sub~rrIbrS for n,
I shares. VIM. johnson. of New Orleans
! La. secretary Treasurer. who hereby sub
/ ScrlOeN Tor "a shares. Ole \ johnson
OF Gu!tpUrt. Miss, who hereby >uhsrrib,s
for shares; Walter H. Bradley. vice
president. OF New Orleans, La, VINO here
/ ny SuhNcrlbcS for shares and Johnston
Armstrong, of New Orleans, La, who here.
by Suh>crlbcs for shares.
And Whereas. the subscription to Ia,
capital stock OF this corporation. organized
! by TINS act, consists, in part, of property
ana good will, SO far as the subscription
OF VIM. Johnson and Lauren J. BRADLEY
ar" concerned, there Is ANNEXED hereto. aud
marked Exhibit A.. a detailed Statement
OF the assets and liabilities of the Mutlut
/ Picture Advertising Service Co, 90
i''4 Wv sup yum ItNtfl OF Lauren j. Brad
/ Icy ana said VIM. johnson. showing tn,
! assets and liabilities with an excess O
assets. in the sum of $lGGlGGI. which /,
appraised by the board of director, Of thi,
corporation at the sum OF $l6.UUUOO
There is also, as shown by the auucNe,
/ Exhibit b, contracts belonging To sal,
corporation aggTcgating the sum OF 50,
VOp, from which profit of $JuOOOO ne
VII! be realized, and said profit Is hcreh,
appraised at $IOOOUO by the board of III
Tectors of this corporations
The good will, trade and custom Of tn.
Sald co partnership Is hereby apprai,e,
by the said board of directors of this cor
pOratlon AT the sum of S.iDOyOOO. maxim
total of %JO.OpO.OO, of which SO 10000 i
to be credited, in equal protionS to TN
SUBSCRIPTIONS of the said Lauren J. Brad
ley ana VIM. johnson. composing sal,
hrm, each of whom agrees not 10 pngav
IN any competitive business for the spac
of tire" year. the said good will. trad
ana custom being so appraised, after per
SOnal investigation on the part of the sal,
board Of directors of this corporation
Thus done and passed at my Office il
the city of New Orleans, State of Louis
lana, on the day, month and year here
IN hrht above written, in the presence q
John {. Swope and Il. L. Ray, the under
signed competent witnesses, here rrsidinl
VINO hereuntO sign their names with sal
, appearers and me notary, after due read
ing of the whole
Witnesses: John G. Swopc. l.. l.. Ru,
ORIGINAL SIGNEDt)
, l.. j. Bradley, W. johnson, Johnsto
: Armstrong, W. -. Bradley, .. a johnson
. CHARLES SCHNEIDAU.
tSeaD: Notary Public
r l. the undersigned, Recorder of Nor
cages, in and for the Parish of Orleans
State of Louisiana, do hereby certify tina
the above and foregoing Act of Incorpora
ton of the Motion Picture Advertiser
Service Co, Inc, was this day duly r,
corded in my office in Book 1863, Foil
10
. New Orleans. September 9th. 1921
(Signed): ROBT. SCOTT
: tSeaD: Deputy Recorder
{ Sept 29-NOv. 3.