The herald., 1913-07-24

constitute a quorum for the transaction OF
ali business The directors shall be elected
by ballot by the stockholders on the IasI
Monday in June of each year. Each stoCh-
holder shall be entitled, in person or by
proxy, TO a vote for every share owned Oy
him and all elections shall be held unIer
such rules and regulations as may De ue-
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 quaIlned.
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 unexplred term.
The board of directors shall, at It's mrs
meeting after It's election, nominate out oi
its number, a president, vice-president ana
a secretary-treaSurer Said board shall nave
the right to separate the position OF stcre
tary-treasurer and may elect Il secFeldI!
who need not be either a director nor d
stakeholder; and it shall employ and dis
miss such clerks managers and Otner EN-
plOves OF the corporation as the interest,"
and business OF the same may Justfy An!
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 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 shaIl
any mere informality in It's 0rSanizzaI!to n
void. or OF exposing a stakeholder 10 any
liability beyond the unpaid balance due
on the shares owned by him.
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 stockholders shall elect three IL
nuidators 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 llquldators.
the survivors shall appoint successor 10
him. a..
Article VHI-Immediately after the
signin OF this charter, the stockholders
shall meet and shall elect three directors,
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 (S9.0OO.OO) dol
lars is subscribed to its capital stock.
Thus done and passed in my. Office on
| ten. in the presence of Frank B. Twomey and
| Abraham L. Greenwald, competent witnesses
who have signed with the appearers aho
me. the notary, after reading the whole.
| Original sgned Names OF subscribers and
numb9r of shares subscribed by them, omit
| ted f. B. TwOmey, A. L. Greenwald.
| FELIX ]. DREYFOUS, Not. Pub
| /, the undersigned recorder OF mortgages
in and for the parish of Orleans, state OF
/ and foregoing act OF Incorporation or the
Fontainebleau Realty Co. was this day duly
recorded in my office, in book loss. folio 6lo
New Orleans, JTly ? lg 9iESocv,RD n r
FELIX J. DREYFoUs, Not Pub.
july 10 II "a 81 aug