The herald., 1922-03-30
CHARTER OF ORIENTAL RESTAU-
RANT COMPANY, INCORPOR-
ATEn

ID.
United States of America. State of Louis
lana, Parish of Orleans: BE IL known,
That on this fourteenth day of February.
In the year of our Lord. one thousand.
nine hundred and twenty-five, before me,
Francis L. Burns, notary public, in ana
for the Parish of Orleans, state OF Louis
iana duly commissioned and qualified,
and in the presence of the undersigned
witnesses; personally came and appeared
the several persons whose names are mere
matter subscribed, of the full age OF ma
jority. who declared to me that availlng
themselves of the laws of this state rela-
tive to the organization of corporations,
and more especially of Act 26I OF IDA
page 52l. 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 stlpu-
lations hereinafter set forth, to-wit:
ARTICLE THE name and title of this
shall be "Orinetal Restaurant
Company, Incorporated, and under such
title il shall have and enjoy succession
for a period of ninety nine years from date
hereof and shall have power and author
ity to contract, sue and be sued, make ana
use a 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
it's business; to buy and to hold stock in
any other company or companies that may
assist this company in its objects ana
purposes; to make and issue notes ana
certificates of indebtedness; to name, elect
and appoint managers, directors ana
clerks or other employees to properly con-
duet its corporate business and to make
sucs bylaws, rules and regulations rs
may be found necessary or desirable LOT
the management and business AFFAIRS oil
this corporation.
ARTICLE 1.-THE domicile of this cor
poration shall be in the City 70 New Or
leans, State of Louisiana, where all cita-
tiOn and other legal process shall De
served upon the president, or in the aD-
sence of the president, upon the vice-presi-
dent or I'm 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, tayerns,
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
twenty-five thousand ($25 .OOO.OOl dollars.
divided into one thousand Q,OOO) shares
of the par value of twenty-five ($25OO)
dollars each, provided that the amount to
which the capital stock of this corpora
ton may be Increased shall be one nun
dred thousand s10O.OO0.OO dollars.
Fifty per cent. of the capital stock OF
this corporation must be subscribed for
before the fling of the articles of incor-
poration. The subscribed capital STOCK
of this corporation shall be payable In
cash, property. real or personal o. LOT
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 que the cor,
poration on the shares of stock subscribed
for by him, nor shall any mere lniormant .
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, hve hun
dred (S1250O.0O) dollars Of the capita
stock has been issued and actually paid
in, either in cash, property or services az
aforesaid; IL any Of the stock OF this cor,
poration is exchanged in whole or In par
for property or good will. in that event
the provisions of Section three I'd or Ac'
267 of 1914 shall be strictly complied with
ARTICLE Vail of the corporate
powers Of this corporation shall be vested
in and exercised by board OF directors
composed of seven 90 stockholders, eacf
of whom shall own, in his own right
during his term of office, at least on
full paid and unpledged share of the capi
tai stock. which shall be shown by Mi
written declaration, five (5l OF whon
action of business. Any director unaDl
to attend a meeting Of the board may ap
point a proxy for that purpose, who mus
be a stakeholder.
consist of a president, vice-president,
secretary and a treasurer, all or whon
shall be members of the board OF direc
tors: any two offices, but no more, ma!
be combined, IL desired, and held by on
and the same person.
The following named persons shall con
stitute the first board of directors OF thi
corporation, to-wit: Chin U. Chong, IS
Chartres ST., New Orleans, La; Henry {
Lin, 215 s. Liberty ST., New Orleans, La.
Mon See. Ala st. Charles St, New Orleans
La; Chin King. Ala st. Charles St., Nev
Orleans, La: Wallace Bat Yut. 4l4 81
Charles ST., New Orleans, La; George
Chan A st. Charles St. 9. New Ss.r Gslea 81
New Orleans, La, with Chin u. Chong a
president, George NJ. Chan as vice-presi
| dent, Henry c. Lin as secretary, and wal
| lace Bat Yut as treasurer, and these OF
March in the year 1923, or until their sue
cessors have been duly elected and guam
| fed.
Thereafter the directors shall be electe
annually on the first Monday OF Marcn no
each year, beginning with the year 49,
all elections of directors shall be by pa
lot and each stakeholder shall be entitle
| TO one vote for each share OF stock stanu
| ing in his name on the books OF the cor
poration. this vote to be cast in person o
by proxy, and It shall require maJorit
| of the stock present or represented
| elect.
| Failure to elect a board Of directors o
the first Monday in March, 1928, or an
| nunlly thereafter, shall not work fof
| fixture of this charter, but the old boar
| of directors shall remain In onice unit
their successors are elected aad QUALIFIED
| ARTICLE VI-The board OF director
shall hold regular meetings at such ti mn,
CORPORATION. These meetings shall be bel
at the domicile of the corporation, but IN
president may call special meetings or IN
hoard of directors at such times anu place
within the State Of Louisiana as he ma
deem advisable, and he shall be require
to call such meetings whenever requeste
TO do so by three members OF the Dos
Of directors. Three days notice OF SUE
spocial meetings shall be given In wr1iii
to the directors unless waiver OF notice
sigIec ty the directors. Any vacancy O.
curring on the board, either from deat
resignation, or inability to serve, sha
be filled by the board of directors at u
next regular meeting after such vacanc
shall have occurred. The first board
directors of this corporation shall be r
ouired to draft suitable by laws for u
Government of this corporation. whic
NAV be altered, amended or changed
the exigencies Of the case may require.
ARTICLE vII-The stock OF this co
poration may be transferred: provide
such transfer shall be recorded upon VI
books of the corporation before 1t sha
he required to recognize the transfer I
. the new holder of said stock. the TOT
|, | emount NJ the subscribed stock, as here