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

shareholder" shall give notice In writlng
to the company that he desires 10 transe
the same, and such notice shall constitute
the company his agent for the SAFE OF lhe
share or other interest to any shareholder
of the company at the prescrlDe1 pre-. |
That IL the company shall, within s t
space Of thirty days after such notice nnu
a shareholder desiring to purchase suSn
share or interest, hereinafter called the
purchasing shareholder, ana shaii give
notice thereof to the retiring sharenoider'
he Shall be bound at SUCH time WITHIN III
teen days thereafter as the company snali
appoint upon payment OF the prescribed
price to transfer such share or interest 10
the purchasing shareholder. That IL IN any
case the retiring shareholder aIter oeEon
ing bound as aforesaid makes uelaut III
transferring such share or interest," the
company may receive the purchase money
and shall thereupOn cause the name u,
the purchasing shareholder 10 De entereuu
upon the register as the holder OF such
| share of interest, and shall hold the pur-
chase money in trust for the reurIhs
shareholder, his executors, ADVANTAGEOUS
| or assigns and the receipt of the company
| for the purchase money shall be good
| discharge to the purchasing sharehoiuer'
and he shall not be bound TO see 10 tne
| application thereof, and after the name Oh
| the purchasing shareholder has been en-
tered in the register in purported eNer-
else of the aforesaid power, the Validity OF
the proceedings shall not be questioneu
by any person. and the purchasing snare
the owner of the said share or interest.
That the prescribed price shall mean the
amount paid in on such share or interest,"
plus the p fSat Sf %
there being undivided profits there exists
an impairment of capital Of the said COM
pany, then the proportionate part OF sueh
impairment shall be deducted from the
amount paid in upon such shares or In,
terest in ascertaining such prescribed
price. That the company shall in all cases
on receiving notice of desire TO sell STOCK
as aforesaid. allow the other shareholders
the opportunity to take same In proper
ton to their respective holdings of stock
! in the company, making all necessary ad-
justments to avoid fractions OF shares
and for that purpose giving preference In
largest holdings.
ARTICLE vIII-This charter may be
modified. altered, the capital stock thereon
increased or decreased, or the corporation
may be dissolved with the assent OF two
thirds of the capital stock present or re-
presented at any meeting Of the stock
holders held for that purpose, after prior
: notice in writing to each stockholder, oil
> mailed to him at his last known post once
address, all in accordance with the terms
! Of Act 267 Of 1914.
: ARTICLE KAT the expiration o.
I this charter, or the earlier dissolution o.
4 this corporation for any cause, its anair'
I shall be liquidated by two or more liqui
. all Of whom shall hold stock In said com
o pany and said commissioners are hereD!
: vested with full power and authority I.
, liquidate the affairs of said company, witt
4 full power to act.
ARTICLE Kin order that thu charte
:. may serve as a subscription list, the un
;. dersigned incorporators OF this corpora
!. ton have subscribed for the number o
q shares set opposite their respective names
y Thus done and passed. in my office; 4
l. the City Of New Orleans, on the day
e month and year first above written In tn
presence of J. N. Swing and f. III. kraus'
= competent witnesses, and me, notary, afte
>. due reading Of the whole.
witnesses: J. n. Swing, E. FL. Kraus'
s, ORIGINAL SIGNED:
o. Chin U. Chong, two hundred shares
q. Chin Z. Chong, Trustee, six hundre
and forty shares; George NJ. Chan, fort
shares; Wallace Bat Yut, twenty shares.
IS FRANCIS P BURNS,
VI Notary Publ
es I. the undersigned. Recorder Of Nor
o. cages in and for the Parish OF Orlean
to State of Louisiana, do hereby certify tn;
a the above and foregoing Act Of lncorpor
n ton of the Oriental Restaurant Compan
Incorporated, was this day duly record'
NJ in my office in Book 1868. folio =.
or New Orleans, February Is. 1922
r. (signed): ROBT. SCOTT,
ok Deputy Recorde
III