The herald. [volume] (New Orleans, La.) 1905-1953, 1922-03-30
CHARTER.
CHARTER OF COMUs RESTAURANT.

CHARTER OF COMUS RESTAURANT,
INC.
State of Louisiana, Parish of Orleans.
City of New Orleans, Be it known that
on this. the 23rd day of the month of
March, 1922 and of the Independence of
the United States of America the one hum
dred and forty sixth, Before me: Charles
f. Fletchinger, a 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 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 IL shall
have and enjoy succession and existence
for a period Of ninety mine years, unless
sooner dissolved. and shall have all the
rights. privileges and immunities which
are now or may hereafter be granted by
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 a corporate SEAL, the same 10
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.
ARTICLE IiI-The objects and pur-
poses for which this corporation is or
ganized and the nature of the business TO
| be carried on by IL are hereby declared 10
| be to acquire. from the present owner
| thereof the business and goodwin OF the
Comus Restaurant, located In the city OF
| New Orleans, and thereafter to conduct
| and operate the restaurant so TO be ac-
quired as a business; to acquire, own
and operate other restaurants ana care
terias for the sale of refreshments 10
patrons and guests, as well as to engage
| i'm 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 oi
fifty thousand sJ0.OO0.O0) dollars, divided
| into FIVE hundred $500 shares Of the pal
value of one hundred (s1O0) dollars each
| all of which shall be common stock. and
| the amount to which the capital stoci
| NAV be increased is hereby fixed at the
sum of 100000 The said stock shall bt
4 issued only for cash or In payment OF pro
perty or services actually received by OF
| rendered to said corporation; said stoci
shall be fully paid for at the time OF ifs
issuance and thereafter be non-assessaole
Fifty per cent. (5o%l or twenty . nv
stock shall be subscribed for before tn
filing of this Act of Incorporation. ant
fifty per cent. (J0%) Of the amount 81
subscribed shall be actually PAID In De
eraS N
and the remainder of the amount so sub
scribed shall be paid in within one yea
from and after the date hereof; the resi-
due of the stock shall be issued and pait
. for subject to the action and call OF IN
board OF directors in conformity with Tn
> existing provisions Of law relating there
to.
) The parties hereto hereby subscribe 10
the number Of shares OF capital STOCK 0
the said corporation set opposite their re
spective signatures hereto, so that thi
act of incorporation shall also serve as a
f. original subscription.
No present or future stakeholder snal
ever validly sell. assign. or transfer, otne
, than by inheritance, any Of the capita
stock Of this corporation until the sam
shall have been first offered to the \re
naming stockholders for the benent Q
those stockholders who may desire 10 puI
chase the same, through the board OF al
rectors, for a period of ten days, at Tn
book value Of such stock as shown o
, the books Of the corporation on the Sis
day of December. preceding the date Q
Z such offer. 1t shall be the duty Of tn
board of directors, promptly, upon r.
ceiving an offer Of sale of any Of the cspi
q tai stock Of this corporation, to communi
cate the same to the stockholders, ]
. writing. thru the secretary of the com
e pany, and each Of the said stakeholder
= shall be entitled to purchase such proper
ton of the stock so offered for sale as IN
number Of shares owned by him bear
| q. he has ~ owned nv
other stockholders desiring to participa'
q in the purchase. No sale under fort
q closure attachment or other process. Z
by virtue of any power Of attorney, plede
or hypothecation, shall be validity mao
l. until the foregoing requirements have bee
complied with by the person or person
e firm or corporation provoking such for
VI closure or sale. The board Of director
shall have authority, however, to wai'
the above requirements as to any partic'