The herald. [volume] (New Orleans, La.) 1905-1953, 1913-07-17

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 EaCh 81 S.oI nv
proxy, to a vote for every share owned Dy
him and all elections shall be held under
such rules and regulations as may De 1e-
termined by the board OF directors. Inc
directors thus elected shall continue IN OF
tice for one year, or until their successors
shall have been elected and have quallneu.
No failure to elect shall be regarded as a
forfeiture Of this charter. Any vacancy oc-
curing on said board shall be filled by the
remaining directors for the unexpired term.
The board Of directors shall, at Its nrSt
meeting after its election, nominate out OF
its number, a president, vice president ana
a secretary-treasurer. Said board shall nave
the right to separate the position OF secre-
tary-treasurer and may elect secretar!
who need not be either a director nor d
stakeholder; and it shall employ and DIS
miss such clerks, managers and other EN-
ploves Of the corporation as the interest,"
and business OF the same may Ja SSt 70 an.
point by written instrument, another dlrec,
tor or stockholder, to act as his proxy ana
in his stead at any and all meetings OF tne
Article Who stakeholder shall ever be
held liable or responsible for the contracts;
faults or debts Of the corporation, nor snall
have the effece of rendering this charter
| void or of exposing a stakeholder TO 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 TINS
corporation may be dissolved, with the as,
| sent of the stockholders owning two-thlrds
| of the stock Of the corporation, present OF
| represented at a general meeting convened
| for that purpose, and after at least ter
| DAYS written notice has been given through
| mall to each stakeholder at his last known
place Of residence. In case or dissolution
by the expiration of this charter or other
| wise, the stockholders shall elect three IL
| quidators from among their number, TO set
| tie the business and affairs OF the company
In case of the death or disability OF an!
| one of said commissioners or nquldators
the survivors shall appoint successor u
him. 4,
Article VIII.-Immediately after tn
signin, of this charter, the stockholder
shall meet and shall elect three directors
who shall serve until the election to be nell
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 Its capital stock.
Thus done and passed In my once o.
J ten. in the presence of Frank B. Twomey an
Abraham L. Greenwald, competent witnesses
, who have signed with the appearers an
me, the notary, after reading the whole.
Original sgned Names Of subscribers an
/, number of shares subscribed by them, omit
ted. 4. b. Twomey, A. L. Greenwald.
, FELIX J. DREYFOUS, Not. Put
l. the undersigned recorder OF mortgage
louisiana. do hereby certify that the abov
: and foregoing act Of incorporation or IN
Fontainebleau Realty Co. was this day dull
recorded in my office in book loss, folio -
s New Orleans EXILE 5TIE lg leonard. D.
a 'fu FELIX S !. DREYFoUs, Not. Pub.
r july 3 10 II "a 81 aug