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

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 V-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 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 II. 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,
a vice-president. and 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 a board of directors for the ensuing
year. the board Of directors, as well as
the officers already installed. shall con
tinue in office until their successors are
.
Tho 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
other purpose. each share of stock shall
be entitled to one vote. whether present or
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 the
board or among the officers from any
/ cause the remaining members OF tAt
/ board shall have the power to fill sucl
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 busl
ness of said corporation.
/ ARTICLE VI-NOtice of all meeting
! held for the election OF directors. or TO
I 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 eacl
| stakeholder at his last known address, a
| the same shall appear upon the books o
! the corporation, unless said notice j
waived in writing by all of the stock
holders appearing upon the books. Al al
meetings of stockholders majority
the votes east in person or by proxy. shall
a
tons voted upon, except for the altera
ton. amendment or the dissolution of tn
| corporation.
ARTICLE vII-This act of incorpora
tiOn may be altered, amended, or mOdi
fed, or the corporation dissolved by
vote of two-thirds in amount of the capita
stock represented at a general meeting @
stockholders, called for that purpose. afte
notice provided in Article vi, of thi
charter. and in case of dissolution of I'll
corporation the stockholders at sue
meeting shall elect three 90 liquidatin
commissioners, who shall have entir
charge of such liquidation. with authOrit
to sell and dispose of the assets of tn
corporation. and TO fill vacancies occurrin
in their number.
ARTICLE vIII-No stockholders sha
ever be held liable or responsible for tn
contracts or faults of this corporation.
any further sum than the unpaid balanc
due the corporation on the shares owne
by him. nor shall any mere informaiity ]
organization have the effect Of renderin
this charter null. or of exposing a stool
holder to any liability beyond the amour
of his unpaid stock.
Thus done and passed at my Office
the City of New Orleans. on the da,
> month and year first hereinbefore write
in the presence of Frances Eisler and A
. chibald NJ. Stuhon, competent wltnesse
{ who hereunto sign their names, togeth'
with said appearers and me, the notar
after reading of the whole.
Names of subscribers omitted.
: Witnesses A. NJ. Suthon. F. Eisler.
: CHAS. +. FLETCHINGER,
r (SeaD: Notary Publ
: /. the undersigned. Recorder of Nor
cages, in and for the Parish of Oriean
= State of Louisiana, hereby certify tn
e the above and foregoing Act Of Incorpor
: ton of "Comus Restaurant, Inc. WI
: this day duly recorded in my office
New Orleans, La, March .. 1922.
Y (Signed1: ROBT. SCOTT.
y Deputy Recorde
d A true copy:
y CHAS. +. FLETCHINGER,
o (SeaD: Notary Publ
e Mch. 30-May 4.