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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jun 03, 1920
Page
8
A long Louisiana charter text outlines the formation of the Southern Amusement Company Incorporated based in Monroe Ouachita Parish. It details corporate purpose to operate theatres and various amusements, stock structure of 60 000 dollars to 375 000 or more, board elections, officer roles, stock transfers, and meeting rules.
On April 22 1920 the undersigned notarized group formed Sanitary Soldering Oil Company Incorporated in Monroe Louisiana under Act 267 1914 and amendments. The charter sets a 99 year corporate life and grants powers to contract sue be sued own real and personal property borrow incur debt and manage assets and governance.
In Monroe Louisiana on April 8 1920 stockholders adopted a resolution to amend the charter of Central Savings Bank and Trust Company a Louisiana banking corporation with its domicile in Monroe acknowledging the notary public ceremony on April vead day 1920.
The document outlines corporate powers for officers and the board including borrowing, mortgaging, issuing notes and stock, and creating liens. It sets stockholder limits, transfer restrictions, and a stock list with names Robert Layton F C Holden and W Coker. It also records property known as Dreamland Theatre and the declaration of 29 900 dollars for stock and services, with deponent notarization in Monroe Louisiana on June 2 1920.
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