The herald., 1915-06-17

business; the directors shall be elected by
ballot by the stockholders on the second
| Tuesday in October of each year. Each stock
| holder shall be entitled, in person or by
/ him and all elections shall be held under
| such rules and regulations as may be deter
| mined by the board of directors. The direc-
| tors thus elected shall continue in office for
| one year until their successors shall have
| been elected and duly qualified. No failure
| TO elect shall be regarded as a forfeiture of
| this charter. Any vacancy occurring said
| board shall be filled by the remaining direc-
7 directors shall, at its first meeting after its
| election, nominate out of its number a preSl-
dent, a vice-president and a secretary-treas-
urer; and it shall employ and dismiss such
clerks, managers and other employees of the
corporation as the interest and business of
the same may justify. Any director shall
have the right to appoint, by written instru-
ment, another director or stakeholder to act
| as his proxy and in his stead at any and all
| meetings of the board of directors. The
| following persons shall constitute the FIRST
| board of directors: John T. Fender w. D.
Robinson and Arthur Landry, with John T.
Pender as president, w. d. Robinson as vice
president and Arthur Landry as secretary
| treasurer. This board of directors and Off.
GERS shall continue in office until the second
i, Tuesday in October, 1916, on which said date
and annually thereafter their successors shall
| be elected, unless the same be a holiday, when
said election shall be held on the next legal
/ day thereafter.
| Article Vino stakeholder shall ever be
| liable or responsible for the contracts, faults
or debts of the corporation, nor shall any
| mere informality in its organization have the
effect of rendering this charter void or of
| exposing a stakeholder to any liability be-
| yond the unpaid balance due on the shares
| owned by him.
| Article VII-Ths act of incorporation may
| be changed, modified or altered, or this cor.
| poration may be dissolved with the assent OF
| the stockholders owning two-thirds OF the
| stock of the corporation present or represented
| at a general meeting convened for that pur-
pose, and after at least fifteen days written
| notice has been given through mail to each
stakeholder at his last known place of resi-
\ dence. In case of dissolution, by the expira-
| ton of this charter otherwise, the stock
| holders shall elect three liquidators from,
| among their number to settle the business and
| affairs of the company. In case OF the death
| or disability of any one OF said commission
| ers or lquidators, the survivors shall appoint
| successor to him.
Thus done and passed, at my notarial Office:
| in the city of New Orleans, on the day and
date herein first above written, in the pres
ence of Messrs. John 7; Sullivan and Edward
NJ. Heath, compe, ent witnesses, who hereunto
| sign these presents, together with appearers
| and me, notary, after due reading OF the
whole.
Original signedl: John T. Pender. w. D.
Robinson Arthur Landry. John T. Sullivan,
Edward NJ. Heath.
JOHN P. SULLIVAN, Notary Public.
L, the undersigned recorder of mortgages in
| and for the parish of Orleans, state of Lou.
isiana, do hereby certify that the above and
| Publishing Company, Inc.," was this day
! recorded in my office, in book 1ls7, folio -.
New Orleans, La, June 1, 1915.
(Signed) EMILE LEONARD, by. R.
1 hereby certify the above and foregoing to
| be a true and correct copy of the act of in
corporation of Facts Publishing Company,
| Inc" together with the certificate of the
recorder of mortgages for the parish Of Or
| leans thereon, showing its recordation in his
Office, the original of which is of record in
my notarial Office. New Orleans, June i, 1915.
JOHN P. SULLIVAN, Notary Public.
| june 10 IL "a july -