The herald., 1921-05-12
CHARTER
NEW ORLEANS CONSERVATORY OF
MUSIC AND DRAMATIC ART, INC.

18th day of ADriI 1921 before me. W. Nor
gan Gurley Notary Public, duly commits
stoned and qualified in and for the Parish
of Orleans, State of Louisiana, and in the
presence of the witnesses hereinafter named
and Undersigned personally came and APP
peared the several persons whose names are
hereunto subscribed, who seyerally declare
that availing themselves of the laws OF the
State of Louisiana relative to the organiZa-
ton of corporations, and particularly Act
No 267, of the General Assembly OF l9li'
they have cOyenanted and agreed and by
these presents do covenant and agree ana
bind themselves, as well as all other per
sons who may hereafter become associated
with them, TO form corporation ana
body polite in law, for the objects ana
purposes. and under the stipulations here
matter set forth, which they hereby adopt
as the charter of this corporation.
ARTICLE THE principal object of this
incorporation is to take over, operate, de-
velop and maintain the institution OF learn
ing situated in the City of New orleans,
known by the name of the New Orleans
Conservatory of Music and Dramatic Art.
and to incorporate same, in which institu-
ton the several appearers hereto all nave
an undivided and Joint interest, SAID taxing
over and incorporation being more Iull!
set forth as to objects and purposes IN Ar
ticle Ill of this charter.
ARTICLE 1.-THE name and style OF TINS
corporation shall be New Orleans IOhSer-
vatOry of Music and Dramatic Art, Inc. >
and its domicile is hereby fixed AS the CITY
of New Orleans, State of Louisiana, where
by said name, it shall have and enjoy cor,
pOrate existence and succession for perlOu
of ninety nine 800 years from this date
unless sooner dissolved by law, or IN the
manner hereinafter stipulated.
Under said name and style, said corpora
haIl haga ha
and be sued to make and use a corporate
seal and the same to alter, chahse OF
amend at pleasure; TO adopt, make ana en-
force such bylaws, rules and regulations
for its government as it may choose, not
contrary to the laws of the United states
the laws of this State, or this charter 10
>employ and fix the compensation OF such
moficers, employees or agents as the IN
porfests of the corporation may require; 10
ssonapoint and supervise such committees as
miaay be deemed proper and necessary by
OF pc Board of Directors; to purchase, lease,
gaesld, receive, hypothecate, convey. sell,
holddge or mortgage real estate and personal
qproperty to borrow money; to issue ne
tasotiable bonds, notes, or other evidences or
debt; to grant such degrees as may be per
mitted by law; and generally TO do and
\ perform any and all other acts and things
Unnecessary and proper, or incident 70 The
1 successful operation and carrying out OF
wthe business outlined in the objects and
bpurposes of this corporation, all according
Dto law, and as may be deemed necessary
and proper by the Board of Directors.
ARTICLE III-The objects and purposes
of this corporation. and the nature of the
business to be carried on by it, are hereby
declared to be: To operate ana maintain
school of art. including music, drama
literature, languages, drawing and paint,
ing, and all the other arts; to operate ana
maintain a choral or oratOrio society, i'll
d, connection with said school, to be known
by the name of the New Orleans Oratorio
Society" a name already given to and used
by such a chorus in connection with and as
part of said school named in Article OF
this charter; to operate and maintain a
symphony orchestra to be known by the
name of the New Orleans symphony Or
chestra". name already used by and given
to such an orchestra in connection with
and as part of said school named in Ar
ticle / of this charter; or to organize ana
maintain choruses and Orchestras under
any other name. in the discretion of the
Board of Directors; to operate ana nam
tain a musical bureau for the employment
and mana cement of artists, and to arrange
concert tours for same; and generally all
other objects and purposes tending 70
4 promote and foster and develop an lne
"A Arts in all their forms, and TO 90 ana per
! form any and all things incidental or neceS-
sary thereto, including the organization
and maintenance of such branches as may
be necessary or, in the discretion OF the
Board of Directors, convenient or eAPe-
dent
gal process shall be served upon the Presl-
dent of this corporation, or, in his alb
sence. upon the Vice President, or Secre-
tary or Urea at the domlclie OF the
corporation, as herein fixed.
ARTICLE y-The capital stock of this
corporation Is hereby nXed at Iwen, .nrae
scented by five hundred (5OO) shares Oh tne
par value of fifty dollars (S5oOo) each
y anroyided that the corporation shall become
q .V.I hnOl
OF siness as soon as one-half of its said
Dy oital stock is subscribed for. SAID capt.
ing. stock may be paid for in cash, or Jus
seie Valent in property, goodwin, OF ~,
Nand ,ices rendered. Before any stakeholder
Hecon sell any of his stock, he shall nrst
l1wer same to the Board of Directors 1Of
cfAft benefit of all the stockholders said OF,
G}sto be in writing for the book value OF
10 stock at that time, and said offer shall
remain open for period OF thirty l50I
DAYS No transfer of stock shall be bind
ing upon the corporation unless same u
!, duly made and recorde6 on the books o.
J the corporation.
< ARTICLE vI-Said corporation, while it.
capital stock is hereby fixed at S25,OoooC
ms designated in the preceding article, shal
have the power and authority to increse NJ
capital stock to one hundred thousand doi
lars ($IOOOOO.O0) in accordance with tn
provisions of Article VIII of this charter
and according to law.
"A Nll-All COTpOEdtc Po"NiS am
authority shall be vested in and exerclse
by a Board Of Directors consisting OF no
e less than five 90, nor more than twelv
(12), stockholders. Three (3) director
shall constitute a quorum or SAID DOard 10
! the transaction of all business.
Said directors shall be elected annual
on the first Monday of June of each yeal
unless said day be legal holiday, in whic
event said election shall be on the mex
bank day or soon thereafter as practi
cable, and they shall hold office for teri
of one year or until their successors ar
duly elected and qualified.
Each stakeholder of record on the book
Nkhe corporation shall be entitled to cas-
pch meeting, either in person or b
b, one vote for each share Of stoc
by him, and a majority of the vote
1t at such meeting shall elect, or sha
Needle any other question. All meeting
Of said stockholders or directors shall
z held at the domicile Of the corporation. e1
cept, with the written consent of a majorit
OF the Directors, meetings of the Board
Directors may be held outside the State, G
elsewhere within the State otherwise tina
mt its domicile. Any vacancy occurrin
from any cause In the Board of Director
between the dates of annual meetings her,
in provided for, shall be filled by the sal
board. Immediately after election of dire
tors. they shall in turn meet and elect fro
~ among their number president. vic
president, secretary. and a treasurer. I'll
duties of such officers shall he such
usually appertain to same and as such
may be additionally provided by the b.
laws which NAV no adonted M we'll Sn.