The herald. [volume] (New Orleans, La.) 1905-1953, 1922-04-20
CHARTER OF ORIENTAL RESTAU.
RANT COMPANY, INCORPOR-
ATED.

lana, Parish of Orleans: Be it known
| That on this fourteenth day of February
| in the year of our Lord. one thousand
nine hundred and twenty-five. before me
Francis p. Burns, a notary public, in and
| for the Parish of Orleans, State Of Louis
lana, duly commissioned and qualified
and in the presence Of the undersigned
witnesses; personally came and appeared
matter subscribed, of the full age Of ma
jority, who declared to me that availing
| themselves of the laws of this state rela-
tive to the organization Of corporations,
and more especially of Act 267 of 1914,
page 521. Of the Legislative acts Of this
State, they have cOvenanted and agreed,
and by these presents do covenant and
agree for themselves and their successors
and assigns, to form themselves into a
corporation and body polite for the OBJ
jects and purposes and under the stipu-
lations hereinafter set forth, to-wit:
ARTICLE THE name and title Of this
corporation shall be "Orinetal Restaurant
Company. Incorporated, and under such
title IL shall have and enjoy succession
for period Of ninety nine years from date
hereof, and shall have power and author
ity to contract, sue and be sued make and
use corporate seal, the same to break
and alter at pleasure; to hold, sell, lease,
mortgage, hypothecate or pledge property,
real, personal or mixed, necessary, incl
dental or proper for the carrying on Of
its business; to buy and to hold stock in
any other company or companies that may
assist this company in its objects and
purposes; to make and issue notes and
certificates of Indebtedness; to name, elect
and appoint managers, directors and
clerks or other employees to properly con-
duct its corporate business and to make
suck bylaws, rules and regulations as
may be found necessary or desirable for
the management and business affairs Of
this corporation.
ARTICLE 1.-THE domicile of this cor
marathon q m he fn
leans, State of Louisiana, where all cita-
ton and other legal process shall be
served upon the president, or in the alb
sence of the president, upon the vice-presi-
dent, or in the absence of both, upon the
secretary.
ARTICLE III-The objects and pur-
poses of this corporation are hereby de-
clared and stated to be:
To provide and maintain coffee houses
restaurants, inns, eating houses, taverns,
or places Of entertainment and refresh
ment, in the City of New Orleans or else
where
ARTICLE Iv-The capital stock Of this
corporation is hereby fixed at the sum of
divided into one thousand QO00) shares
OF the par value Of twenty-five (S25.O0D
dollars each, provided that the amount to
which the capital stock of this corpora
ton may be increased shall be one hun
dred thousand (s1OOOOO.OO) dollars.
this corporation must be subscribed for
before the filing of the articles of ineor-
pOration. The subscribed capital stock
of this corporation shall be payable in
cash. property, real or personal, o. for
services performed or rendered
No stakeholder shall ever be held liable
or responsible for the faults, contracts
or debts of this corporation in any further
sum than the unpaid balance due the cor
poration on the shares of stock subscribed
for by him, nor shall any mere informally
in the organization have the effect of rem
dering this charter null or of exposing
any share holder to any liability whatso-
ever.
This corporation shall not engage in
business until twelve thousand, five hun
dred (S12,50O.00) dollars of the capital
stock has been issued and actually paid
In, either In cash, property or services as
aforesaid; IL any of the stock of this cor
poration is exchanged in whole or in part
Tor property or good will. in that event
the provisions of Section three (3) Of Act
261 of 1914 shall be strictly complied with.
ARTICLE v-Al of the corporate
powers of this corporation shall be vested
in and exercised by a board Of directors
composed Of seven 90 stockholders, each
of whom shall own, in his own right,
during his term Of office, at least one
full paid and unpledged share of the CAPT.
tai stock. which shall be shown by his
written declaration, five (0 of whom
snail constitute a quorum for the trans
action of business. Any director unable
to attend meeting of the board may APP
point proxy for that purpose, who must
be stakeholder.
The officers of this corporation shall
consist Of a president, a vice. president a
secretary and a treasurer, all of whom
shall be members Of the board Of direc-
tors; any two offices, but no more NAV
be combined, IL desired, and held by one
and the same person.
The following named persons shall con-
stitute the first board of directors Of this
corporation, to-wit: Chin U. Chong. $3.50
Chartres St. New Orleans, La; Henry c.
Lin, 215 s. Liberty St, New Orleans, La;
Mon See. Ala st. Charles St, New Orleans,
La; Chin King, 414 st. Charles ST., New
Orleans. La; Wallace Bat Yut, 414 St
Charles St, New Orleans, La; George NJ.
Chan. Ala st. Charles St.. New Orleans,
La; Bob Y. Chan, 414 st. Charles St,
president, George NJ. Chan as vice-presi-
dent, Henry c. Lin as secretary, and Wal
lace Bat Yut as treasurer, and these of.
ficers shall serve until the first Monday in
March in the year 1923, or until their sue.
cessors have been duly elected and quail
fed.
Thereafter the directors shall be elected
on the first Monday Of March of
each year, beginning with the year 1923
all elections Of directors shall be by bal
lot and each stakeholder shall be entitled
to one vote for each share Of stock stand
ing in his name on the books of the cor
poration. this vote to be cast in person or
of the stock present or represented to
elect.
Failure to elect a board of directors on
the first Monday in March, 1923, or an
nually thereafter, shall not work n for
feiture Of this charter. but the old board