The herald. [volume] (New Orleans, La.) 1905-1953, 1913-07-10

constitute a quorum for the transaction OF
all business. The directors shall be elected
by ballot by the stockholders on the laSt
Monday in June OF each year r raTn or nv
proxy, to a vote for every snare owned U!
him and all elections shall be held under
such rules and regulations as may De u ne
termined by the board OF directors. Inc
directors thus elected shall continue IN or
flee for one year, or until their successors
shall have been elected and have quallneu.
No failure to elect shall be regarded as
forfeiture of this charter. Any vacancy oc-
curing on said board shall be hlled by tne
remaining directors for the unexplred term.
The board of directors shall, at It's mrs.
meeting after its election, nominate out OF
its number, a president, vlce-presiuent anu
a secretary-treasurer. Said board snail nave
the right to separate the position OF secre
tary-treasurer and may elect a secretar!
who need not be either a director nor a
stakeholder; and 1t shall employ ana as
miss such clerks, managers and other EN-
ploves of the corporation as me tn'e,eS 1
and business of the same may justify. Any
OF the directors shall have the right 10 APP
point, by written instrument, another dlrec
tor or stakeholder, to act as his proxy ana
in his stead at any and all meetings Vi the
board of directors.
held liable or responsible for the contracts,
faults or debts of the corporation, nor snall
any mere informality in its organization
have the effect Of rendering this Charter
void or of exposing a stakeholder to any
liability beyond the unpaid balance que
Article VII.-This act OF incorporation
NAV be changed, modified or altered, or this
corporation may be dissolved, with the as
sent of the stockholders owning twO-thlrds
of the stock of the corporation, present or
represented at a general meeting convened
for that purpose, and after at least ten
days written notice has been given through
mail to each stakeholder at his last known
place of residence. In case OF dissolution,
, by the expiration of this charter or other
| WISE the stock holders shall elect three IL
| uuidators from among their number, TO set
| tie the business and affairs OF the company.
| In case of the death or disability or any
| one of said commissioners or liquidators.
| the survivors shall appoint successor to
\ him.
Article vIII-Immediately after the
| signin of this charter, the stockholders
who shall serve until the election to be held
on the last Monday in June, 1914.
| This corporation shall be going concern
as soon as nine thousand (S9,OOO.OO) dol
lars is subscribed to It's capital stock.
| Thus done and passed in my ONCE on
the day. month and year first above writ,
ten in the presence of Frank b. Twomey and
| Abraham L. Greenwald competent witnesses.
who have signed with the appearers and
me- the notary, after reading the whole.
Original sgned: Names Of subscribers and
number of shares subscribed by them, omit
ted. f. b. Twomey, A L. Greenwald.
FELIX J. DREYFOUS, Not. Pub
| l. the undersigned recorder of mortgages
in and for the parish of Orleans, state of
! Louisiana, do hereby certify that the above
and foregoing act of Incorporation OF the
Fontainebleau Realty Co. was this day duly
recorded in my office in book loss, folio -
| (signed) EMILE J. LEONARD, D. R
'D FELIX Elk J. DREYFoUs, Not. Pub
july 10 IL "A 81 aug