The herald. [volume] (New Orleans, La.) 1905-1953, 1922-04-13
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,
hrm 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
Lof 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 eacn year b. 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 III. Ostheimer
and John j. McAdams.
The above named board of directors
| and each succeeding board shall continue
| TO hold office for one year or until their
successors are elected and qualified. The
| persons to be hereafter elected directors
| for subsequent years shall select from
their own number a president-treasurer,
| vice president, 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, as well as
| the officers already installed. shall con
| time in Office until their successors are
| elected and qualified
Tho election Of directors shall be by
| ballot and the persons receiving the ma
jOrity of votes cast shall be declared elect
| ed. For electing directors or for any
other purpose, each share of stock shall
| be entitled to one vote. whether present OF
by proxy, but no fractional share of stock
shall be entitled to vote. majority OF
| directors voting at any one time, in per
son or by proxy, shall be required to pass
any resolution or adopt any bylaws and
which when SO adopted shall become valid
corporate acts. In case of vacancy on tn,
board or among the officers from any
| cause, the remaining members of the
board shall have the power to fill sucf
vacancy. Said board of directors shall
have power to enact such bylaws, rules
and regulations as, in their opinion, may
be necessary and proper for the manage
ment, operation and control Of the bust
ness of said corporation.
| ARTICLE Nl-N0tlce OF all meeIlnSi
held for the election OF directors, or fol
any other purpose, shall be given in writ
ing by the secretary and may be served
personally or deposited in the mail ad
dressed. fifteen (15) days before sucl
meeting is held. and directed to eaci
stakeholder at his last known address, al
the same shall appear upon the books Of
the corporation, unless said notice IL
waived in writing by all of the stock
holders appearing upon the books. At al
meetings of stockholders q majority o
the votes cast in person or by proxy, shall
be sufficient to elect or decide all ques
tons voted upon, except for the altera
tion amendment or the dissolution of tn
corporation.
| ARTICLE VII-This act of incorpora
ton may be altered, amended, or modi
fed, or the corporation dissolved by
vote of two-thirds In amount of the capita
stockholders, called for that purpose, afte
notice as provided in Article vi, of thi
charter. and in case of dissolution of tn
corporation the stockholders at sucl
meeting shall elect three go lquidatini
commissioners, who shall have entir
charge of SUB liquidation, with authorit.
to sell and dispose of the assets Of tn
corporation, and to fill vacancies occurring
: | in their number.
ARTICLE VIII-No stockholders shal
ever be held liable or responsible for IN
contracts or faults of this corporation, Il
any further sum than the unpaid balanc
| que tne corporation On the sHdTts OWHe
by him. nor shall any mere informality Il
organization have the effect of rendering
this charter null, or of exposing a stock
holder to any liability beyond the amour
of his unpaid stock.
, Thus done and passed at my office Il
the City of New Orleans, on the day
month and year first hereinbefore write
in the presence of Frances Eisler and AT
= chibald NJ. Stuhon, competent witnesses
: who hereunto sign their names, togethe
: with said appearers and me, the notary
= after reading of the whole.
: Names of subscribers omitted.
Witnesses: A. NJ. SUTTON, +. Eisler.
CHAS. F. FLETCHINGER,
(SeaD: Notary Public
. /, the undersigned, Recorder of Mort
cages, in and for the Parish Of Orleans
State of Louisiana, hereby certify tina
: the above and foregoing Act Of IncOrpora
a ton Of "Comus Restaurant, Inc, wa
this day duly recorded in my office /
book 1868, folio =.
New Orleans, La, March IS. 1922.
(Signed): ROBT. SCOTT,
: Deputy Recorder
! A true copy: -
CHAS. F. FLETCHINGER,
: (SeaD: Notary Public
Mich. 30-May 4.