The herald. [volume] (New Orleans, La.) 1905-1953, 1922-05-04
CHARTER.

number OF shares owned by him bears
to the number of shares owned by all
other stockholders desiring to participate
in the purchase. No sale under fore
closure, attachment or other process. or
by virtue of any power of attorney, pledge
or hypOthecatiOn. shall be validity made
until the foregoing requirements have been
complied with by the person or persons,
firm or corporation provoking such fore
closure or sale. The board of directors
shall have authority, however, to waive
the above requirements as TO any particu-
lar hypothecatiOn or pledge of stock, by
resolution adopted at a regular called
meeting of the board, or at a meeting
attended by all the members of the board
of directors, such resolution being adopted
in advance of the pledge or hypothecatiOn.
ARTICLE N-All the powers of this cor
poratiOn shall be vested in and exercised
by board of not less than three
nor more than five directors, as de-
termined In advance each year by the
stockholders at the annual meeting The
said directors shall be bOnafide stock
holders and shall each own at all times
one full paid unpledged share of stock.
The first board of directors shall consist
OF John III. Perez, who shall be president
treasurer: Julius W. GroetSch, who shall
be vice-president: Ewald ii. GrOetsch, who
shall be secretary; James ii. Ostheimer
and John j. McAdaHs
The above named board of directors
and each succeeding board shall continue
~ Hbll OIiltt lDT one year OF until Inplr
successors are elected and qualified. The
persons TO be hereafter elected directors
Tor subsequent years shall select from
their own number a president-treasurer,
Il Nice-prrsident, and a secretary.
on the second Tuesday of March of
each year, unless the same should fall on
a legal holiday, then upon the next fol-
lowing layday, the stockholders shall
elect board of directors for the ensuing
year the board of directors, well as
MI 11.a.l hall
tlnue in office until their successors are
elected and qualified.
Tha election of directors shall be by |
ballot, and the persons receiving the ma |
JOrity of votes east shall be declared elect /
ed. For electing directors or for any /
be entitled TO one vote whether present or 1
by proxy, but no fractional share of stock |
shall be entitled to vote. \ majority of 1
directors voting ut any one time, in per
any resolution or adopt any bylaws and |
which when so adopted shall become valid, /
corporate acts. In case of vacancy on the |
board or among the officers from any
cause, the remaining members of the
board shall have the power to fill such
Said board of directors shall
nave power TO enact such bylaws. rules
ana regulations as, in their opinion. may
De necessary and proper for the manage
nent. operation and control of the bust
ness of said corporation.
ARTICLE VI-Notice OF all meetings
held for the election OF directors, or for
my other purpose. shall be given in writ
ng by the secretary and may be served
personally or deposited in the mail adj
freSSed, fifteen Q5) days before such
Meeting is held. and directed to each
tOckhOlder at his last known address, as
he same shall appear upon the books of
ne corporation, unless said notice Is
waived in writing by all of the stock
folders appearing upon the books. At all
meetings of stockholders q majority of
he votes cast in person or by proxy, shall
'e sufficient to elect or decide all cues
IONS voted upon, except for the altera-
ion. amendment or the dissolution of the
corporation.
ARTICLE VII-This act of incorpora-
ION may be altered, amended, or modi-
led, or the corporation dissolved by a
ote OF twO-thirds in amount of the capital
took represented at a general meeting of
called for that purpose after
otlce as provided in Article VI, of this
harter' and in case of dissolution of the I
orporation the stockholders at such
netting shall elect three 90 liquidating
who shall have entire
barge of such liquidation, with authority
sell and dispose of the assets of the ,
n their number.
ARTICLE VIII-NO stockholders shall 4;
yer be held liable or responsible for the
ontracts or faults of this corporation. in :
- sum IMAM the unpaid balance d.
ue the corporation on the shares owned
Y him, nor shall any mere informality in | !
rganlzation have the effect of rendering I
his charter null, or of exposing a stock q
older to any liability beyond the amount I
his unpaid stock a
IhuS done and passed at my office in /
ne city of New Orleans, on the day i
lonthe and year first hereinbefore written 1
! the presence of Frances Eisler and Ar 5
libald VI. StuhOn, competent witnesses 7
no hereunto sign their names, together h
lth said appearers and me, the notary. n
tier reading of the whole. =
Names of subscribers omitted ,
witnesses: A. VI. SuthOn. f. Eisler.
CHAS. F. FLETCHINGER q
(SeaD: Notary PnbIic
L. the undersigned. Recorder of Mort ;,
ages, in and for the Parish of Orleans. !,
tate of Louisiana, hereby certify that =
leo above and foregoing Act of Incorpora- l
on OF "COmus Restaurant, Inc" was D
MS day duly recorded in my office in p
OOk 1858. folio - :
New Orleans, La, March %, 1922 t
s (Slgned): ROBT. SCOTT, a
Deputy Recorder. Z
CHAS. F. FLETCHINGER. a
ch. 30-May 4.