The herald. [volume] (New Orleans, La.) 1905-1953, 1913-07-31

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. Eacn STOCK
holder shall be entitled, in person or by
proxy, to a vote for every share owned Oy
him and all elections shall be held under
such rules and regulations as may be de-
termined by the board OF directors. Inc
directors thus elected shall continue IN OF
flee for one year, or until their successors
shall have been elected and nave quallneu.
No failure to elect shall be regarded as
forfeiture of this charter. Any vacancy oc-
curing on said board shall be hlled by the
remaining directors for the une1plred term.
The board of directors shall, at Its nrst
meeting after its election, nominate out OF
its number, a president, yice-president anu
a secretary treasurer. Said board shall nave
the right to separate the position or secre-
tary-treasurer and may elect secretary
who need not be either a director nor a
stakeholder; and 1t shall employ ana dls-
miss such clerks managers and other EN-
Moves Of the corporation as the interest
and business OF the same may justify. any
OF the directors shall have the right 70 APP
point, by written instrument, another dlrec,
tor or stakeholder, to act as his proxy ana
in his stead at any and all meetings OF the
board of directors.
Article Vino stakeholder shall ever be
held liable or responsible for the contracts,
faults or debts Of the corporation, nor shall
any mere infOrmality in It's organization
have the effect of rendering this charter
void, or Of exposing stockho4der TO any
laDlllIY NNN
on the shares owned by him.
Article VII-This act Of Incorporation
may 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
Mace of residence. In case Of dissolution,
, by the expiration OF this charter or other
WISE the stockholders shall elect three IL
uuidators from among their number, 10 set
tie the business and affairs of the company.
In case of the death or disability OF any
one of said commissioners or liquidators,
the survivors shall appoint successor to
! him.
Article yII-Imnediately 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 a going concern
as soon as nine thousand (S9,OOOOO) dol
| lars is subscribed to It's capital stock.
Thus done and passed in my ofice 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. DREYF0US, Not. Pub
/, the undersigned recorder Of MORTGAGES
| in and for the parish of Orleans, state OF
| Louisiana, do hereby certify that the abovs
/ and foregoing act of incorporation OF the
Fontainebleau Realty Co. was this day duly
recorded in my Office, in book 10SS, folio Go
S New Orleans, r 5Iiy 2 lg g1BSocy,RD D R
# FETfX J. DREYFoUs, Not. Pub
! july 3 10 II "A 81 aug