The herald., 1921-07-14
CHARTER.

And the said appearers, as president ana
secretary, respectively, OF the salu al
Films Incorporated, and acting III sa
capacities aforesaid and on DehalI Oh sa it1
| cornoratiOn by virtue of the authority
conferered upon them at the nOresalu
| special meeting of the stocKholueIs
| Pearce Films, Incorporated, declared lnaC
| Article Five of the charter OF Sald fedrCe
| Films, Incorporated, passed before me
| notary, on March IA, 1921, mas 0eeh
! changed altered and amended to READ as
follows, to-wit:
| ARTICLE V-AI the corporate powers
of this corporation shall DC feseeu ~ conn o
| exercised by a board OF directors Eoln
| posed of five stockholders, each OF whom
! shall own in his own right, during hi9
! term of office, at least one tuil-palu anu
| unpledged share of the capital STOCK,
which shall be shown by his written de-
claration, three 90 of whom snail con-
| stitute a quorum for the transaction OF
business.
The officers of this corporation shall
consist of a president, chairman u an
board vice-president, secretary ana treas
urpr all of whom shall be members OF
the board of directors. Any TWO oHlces'
but no more, may be combined, IL ueslreu'
and held by one and the same person
! After the second Monday in March, 1873,
the board of directors, in its discretion,
may abolish the office of chairman Oh the
bOrad.
Members of the board of directors shall
have the right to vote by proxy; IL lot LOT any
reason they are absent from the CITY Oh
| New Orleans at the time of any meeting Oh
the board of directors.
The following named persons shall con
| stitute the first board of directors or TINS
corporation, to-wit: j.; Eugene fedree'
Fred W. Pearce. Equitable Building. De
| troit Michigan; Hippolyte DabeZles'
Canal Commercial Building, New orleans,
La; st. Clair Adams, 1926 ST. Charles
II
MANN 1919 State Street Drive, New Or
leans La; with j. Eugene Pearce as presl-
dent and treasurer; Fred w. Pearce as
chairman of the board; st. Clair Adams
| as e-president, and Milton j. Herr,
mann as secretary; and these officers shall
serve until the second Monday in March,
1928 or until their successors have been
duly elected and quallhd.
Thereafter the directors shall be elected
annually on the second Monday in March
in each wear, beginning with the year 1913,
all elections of directors shall be by pal
lot and each stakeholder shall be entitled
| to one vote for each share of stock stand
ing in his name on the books OF the cor
poratiOn this vote to be cast in person or
by proxy, and 1t shall require majority
| of the stock present or represented 10 elect
Failure to elect board of directors on
the second Monday in March, 1923, or an
nually thereafter, shall not work for
fixture of this charter, but the old board
of directors shall remain in office until
their successors are elected and quallned.
And the said appearers moreover de-
clared that in consequence OF the 1orego-
ing and pursuant to the authority IN them
vested by the stockholders of said Pearce
Films, Incorporated, they do hereby form
ally declare publicly and make known that
in the manner prescribed by law ana
agreeable to the provisions of the charter
of said Pearce Films. Incorporated, Article
Five of said charter, passed before me,
notary, on March t. 1921, has been changed.
altered and amended as hereinaboye set
forth and written, and they do hereby
direct and require that the stated change
and amendment of Article Five of the char
ter of Pearce Films, Incorporated, be re-
corded and published in the manner pre-
scribed by law, to the end that the said
change and amendment hereafter and at
all times be as hereinabOve set forth, as re-
CARDS all persons that are now or may
hereafter become stockholders of the afore-
said company.
Thus done and passed at my office in
the City of New Orleans, on the day,
month and year here first above written,
In the presence of j. n. Swing and +. III.
| krause, competent witnesses, who here
unto sign their names, with the said APP
bearers, and me, notary, after a reading
of the whole.
Witnesses: J. " Swing. E. H. Krause.
Original signed): j. Eugene Pearce,
FRANCIS P. BURNS.
Notary Public.
1. the undersigned, Recorder of Mort
cages, in and for the Parish Of Orleans,
the above and foregoing act of amendment
| of incorporation, of Pearce Films. 1ncor-
porated. was this day duly recorded in my
Office in Book 1858, TO. =.
New Orleans. June "a. 1921.
(Signed) ROBT. SCOTT, ID. r.
true copy.
FRANCIS p. BURNS,
Notary Public.
n