This one can be found at the Ouachita Parish Archives page here: http://www.usgwarchives.net/la/ouachita/photos/paramoun1331gph.jpg
The known info about it can be found here:
One minor quibble though. At the time this photo was taken, the building was called the Saenger Theater. It didn’t become the Paramount until the thirties. I wish we knew was play these actors put on!