The herald. [volume] (New Orleans, La.) 1905-1953, 1922-04-20
CHARTER OF COMUs RESTAURANT
apr. 6-May

INC.
State of Louisiana, Parish Of Orleans,
on this. the Ord day of the month of
March, 1922, and of the Independence of
the United States Of America the one hun
dred and forty-sixth, Before me: Charles
+. Fletchinger, notary public. duly
commissioned and qualified in and for
the city, parish and State aforesaid, there
in residing, and in the presence of the wit
nesses hereinafter named and under
signed. personally came and appeared the
several persons whose names are here
unto subscribed, who declared that, avail
ing themselves Of the provisions of the
laws of this State, relative to the forma-
ton and organization Of corporations. they
have cOvenanted and agreed, and do. by
these presents, covenant, agree and bind
themselves, as well as those who may
hereafter become associated with them, to
form themselves into a corporation for the
objects and purposes, with the name and
under the stipulations following, to-wit:
ARTICLE 1.-The name and style of this
corporation shall be "Comus Restaurant.
Inc.", and by said corporate name 1t shall
have and enjoy succession and existence
for a period Of ninety-n years, unless
sooner dissolved. and shall have all the
rights, privileges and immunities which
are now or may hereafter be granted by
law to corporations of the same kind
and character, and under said corporate
name IL shall have the power and author
ity to contract. sue and be sued, to make
and use n corporate SEAL, the same to
break or alter at pleasure, and to make
all necessary rules and regulations for its
corporate management and control.
ARTICLE 1.-THE domicile of this cor
poration shall be In the City of New Or
leans, Parish Of Orleans, State of Louis
lana. and all citation and other processes
shall be served upon the president. or in
case Of his absence or inability to act,
upon any other officer Of the corporation.
poses for which this corporation is or
ganized and the nature of the business to
be carried on by it are hereby declared to
be to acquire from the present owner
thereof the business and goodwill of the
Comus Restaurant, located in the City of
New Orleans, and thereafter to conduct
and operate the restaurant so to be &C.
quired as a business; to acquire, own
and operate other restaurants and cafe
terfas for the sale of refreshments to
patrons and guests, as well as to engage
In the business of caterer and, in further
ance of the objects above expressed, to do
and perform all things incidental or ger
name to the aforesaid purposes.
ARTICLE Iv-The capital stock of this
corporation is hereby fixed at the sum of
fifty thousand (S50000.0O) dollars, divided
into five hundred $500 shares Of the par
value of one hundred (S1O0) dollars each,
all of which shall be common stock, and
the amount to which the capital stock
may be increased is hereby fixed at the
sum OF 100000. The said stock shall be
issued only for cash or in payment of pro-
perty or services actually received by or
rendered to said corporation; said stock
shall be fully paid for at the time of its
issuance and thereafter be worcestershire.
FIFTY per cent. (50%) or twenty live
thousand ($25, 00O) dollars of che capital
stock stock shall be subscribed for before the
fifty per cent. (50Ts) Of the amount so
subscribed shall be actually paid in be-
1ore this corporation engages in business
and the remainder Of the amount so sub
scribed shall be paid in within one year
from and after the date hereof: the resi-
due Of the stock shall be issued and paid
Tor subject to the action and call of the
board OF directors In conformity with the
existing provisions Of law relating there
to.
The parties hereto hereby subscribe for
the number Of shares Of capital stock OF
the said corporation set opposite their re-
spectiye signatures hereto. so that this
act of incorporation shall also serve as an
original subscription.
No present or future stakeholder shall
ever validity sell, assign, or transfer, other
than by Inheritance, any Of the capital
stock OF this corporation until the same
shall have been first offered to the re-
naming stockholders for the benefit of
those stockholders who may desire to pur-
chase the same through the board Of d. |
rectors. Tor period Of ten days. at the |
oook value OF such stock as shown by |
me books OF the corporation on the 31st |
such offer. 1t shall be the duty of the
board OF directors, promptly, upon re-
,eiving an offer Of sale Of any Of the can't
al stock OF this corporation. to communal
,ate the same to the stockholders, in
,any, and each Of the said stockholders
hail be entitled to purchase such proper
Ion OF the stock so offered for sale as the