The herald. [volume] (New Orleans, La.) 1905-1953, 1922-06-15
CHARTER OF
MARS AMUSEMENT co. INC.

MARS AMUSEMENT CO, INC.
State of Louisiana. Parish of Orleans
City of New Orleans he il known that
on this eighth day of June. in the year
one thousand nine hundred and twenty
two, before me. William Waller Young,
a Notary Public in and for the parish
commissioned and qualified. and in the
presence of the witnesses hereinafter
named and undersigned. personally came
and appeared the several persons whose
names are hereunto subscribed. all above
the full age of majority, who severally
declared that. availing Themselves of the
laws of the state OF of, Louisiana d1i,ir part%c
organization of corporations, they do by
these presents agree and bind themselves,
as well as such other persons as may
hereafter become associated with them. TO
form and constitute corporation for
the objects and purposes and under the
articles and stipulatiOns following, to-
wit:
ARTICLE I. The name. style and title
of this corporation shall be Mars Amuse-
merit Co, Inc. and under that name II
shall have and enjoy all the rights, ad-
vantages and privileges granted by law
full term and period of ninety-nine (99)
years from this date. 1t shall have power
to contract, sue and be sued; to make
and use corporate seal. and the same
to alter and break at pleasure: to hold.
receive lease, purchase, sell and convey.
as well as mortgage, hypothecate anu
pledge property, real, personal ana
mixed, corporal and incorporeal; to
name and appoint such managers, direc-
tors. officers, agents and other employees
as its interest and convenience may re,
/ Quire, and to make and establish as Wen
as alter and amend from time to time
such bylaws, rules and regulations as
may be necessary and expedient for the
proper management and government of
the affairs Of said corporation.
ARTICLE H. The domicile of this
corporation is hereby fixed in the city
Of New Orleans, state of Louisiana, and
all citations or other legal process snail
be served upon the President of this cor
poration or in his absence, upon its
| Secretary Treasurer.
ARTICLE Ill The objects and pur-
| poses for which this corporation is estab-
/ lished and the nature of the business
to be carried on by il are hereby de-
! cIared to be: To carry on the business
of furnishing amusement to the public;
! to purchase acquire, lease, own, manage
and operate theaters. moving picture
theaters, playhouses, gardens. roof gar.
dens. opera houses and other places or
amusement: to erect. maintain. purchase
| or rent, hire. lease. let or otherwise ac-
| lures for said purpose: to acquire. sell.
! mortgage lease or otherwise acquire or
dispose of all real or personal property
| necessary or convenient to such business;
, 10 acquire the good will. rights and
property of any person.. firm. associa-
/ ton or corporation, and pay for the
same in cash or stock of this company.
| bonds or obligations Of this company. or
| otherwise: and to hold or in any manner
dispose of the whole or any part OF the
property so acquired: to purchase, ac-
quire. hold and dispose of the stock
bonds and other evidences of Indebted
ness of any corporation. domestic or
! foreign. and to issue and exchange there
, for it's stock. bonds or other Obliga-
ayers, proprietors of theaters. opera
houses and other similar places of amuse-
ment: TO employ vaudeville performers
/ actress singers, musicians and other per-
sons for the purpose OF the business:
and generally to do and transact all
business properly connected with. incl
dental or convenient to any of the said
| objects and purposes.
| ARTICLE ~. The capital stock OF
this corporation is hereby fixed at the
sum of Ten Thousand Dollars CSlO.oOoOol
| to be divided into and represented by
four hundred 400 shares in the sum of
stock shall only be issued for cash or
| in payment of property actually received
or purchased by said corporation. The
capital stock Of this corporation may be
| increased to the sum Of Fifty Thousand
Dollars (s50.OO0.O0).
| ARTICLE V. All the corporate powers
of this corporation shall be exercised by
/ a Board of Directors consisting or fye
81 stockholders, a majority OF whom
action Of business. The directors may
vote in person or by written proxy in
favor of another director. The Board
| Of Directors shall elect annually from
among their number a President Vice
President and a Secretary Treasurer.
The first Board of Directors shall con-
| sst OF five (5) stockholders. and shall he
composed Of George H. Morrison. John
J. Cofey. W. J. Spencer. Alphonse Roy
and G. J. Derbes. with George II. Nor
rison as President John J. COffey as Vice
President and w. J. Spencer as Secretary
Treasurer.
The postoffice addresses of said direc-
tors are as follows: George Fl. Morrison.
1908 Prytania street. New Orleans, La,
John ]. Coffey. 224 South White street:
New Orleans. La. w. j. Spencer. W.
Canal street. New Orleans. La: Alphonse
Roy. 500 Taylor avenue. New Orleans.
La: G. J. Derbes. 1923 West End boule-
ward, New Orleans.
| These directors thall serve until the
second Thursday in June. 1923 or unit,
| their successors have been duly elected
and qualified. The annual meeting OF
stockholders for the election of directors
shall be held on the second THURSDAY
in June of each year. unless said day
he n legal holiday. and then on the next
bank day thereafter. Any vacancy oc-
curing among the directors by death.
resignation or otherwise shall be hlied
by election for the unexpired term by
| the remaining directors. Each subscriber
hereto sets after his name his postofhce
| address and a statement or the NUMBER
|
| take in the corporation. At all elections
| every stakeholder shall be entitled 70
J one vote for each share Of stock stand
ing in his name on the books Of the
| corporation to he cast in person or by
written proxy. A majority of the votes
| cast shall elect.
| ARTICLE VI In the event OF the
| LIQUIDATION or dissolution of this corpor-
| alton the stockholders shall elect three
| liouidators from among their number AT
| a meeting convened for that purpose. after
| fifteen G5) days written notice sent to
| each stakeholder by mail to his last
known address: said liquidators SHAH
have the authority to wind up the bust
ness and affairs Of this corporation. In
case of the death of liquidator. the
survivors shall appoint stakeholder as
| success sor to him.
| ARTICLE VII. This charter may he
modified, changed or altered. or said cor
poration may be dissolved. with the
assent of stockholders owning two-thirds
OF the entire capital stock. at general
| meeting Of the stockholders convened
for that purpose after fifteen 15l days
written notice shall have been given TO
| each stockholder. mailed to him at his
last known address.
ARTICLE VIII. No subscriber TOT