The herald., 1915-06-10

business; the directors shall be elected by
ballot by the stockholders on the second
Tuesday in October of each year Each stoc k
holder shall be entitled, in person or by
proxy, to a vote for every share owned 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 or until their successors shall have
been elected and duly qualihed. No failure
to elect shall be regarded as a forfeiture of
this charter. Any vacancy occurring on said
board shall be filled by the remaining dlrec-
tors for the unexpired term. The board of
directors shall, at its first meeting after its
election, nominate out OF ITS number a presl-
dent, a vice president and 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 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 hISt
board of directors: John I. Fender, w. ID.
| Robinson and Arthur Landry, with John I.
Fender as president, w. d. Robinson as vice
president and Arthur Landry as secretary
| treasurer. This board of directors and oth:
GERS shall continue in office until the second
-, Tuesday in October, 1916, on which said date
and annually thereafter their successors shall
| be elected unless the same be 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 iaoility De
| yond the unpaid balance due on the snareS
| owned by him.
| Article VII-This 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 tht
| stock of the corporation present or represented
| at a general meeting convened tor that pur
nose. and after at least fifteen days writer
| notice has been given through mail to eacf
stakeholder at his last known place OF resi-
dence. In case of dissolution, by the expira
ton of this charter or otherwise, the stock
holders shall elect three liquldators iron
| among their number to settle the business ant
affairs of the company. In case OF the deatf
or disability of any one OF SAID commission
ers or liqudators, the SURVIVORS snail apPoih
| a successor to him.
Thus done and passed. at my notarial office
in the city of New Orleans, on the day ant
date herein first above written, in the pres
ence of Messrs. John T. Sullivan and Edwar'
NJ. Heath, competent witnesses, VINO mercury
sign these presents, together with appearer
and me, notary, after due reading OF TN
whole.
. Original signed: John T. Pender, w. u
Robinson. Arthur Landry. John T. Sullivan
Edward NJ. Heath
JOHN P. 81 LLIVAN, Notary Public.
I. the undersigned recorder of mortgages i
and for the parish of Orleans, state OF Lou
isiana, do hereby certify that the above re, an y.
foregoing act of Incorporation of the Fact
. recorded in my Office, in book llS, folio -
New Orleans, La, June l, 1915.
(Signed EMILE LEONARD, by. r.
. I hereby certify the above and foregoing I
, be a true and correct copy>of the act OF IN
corporation of Facts Publishing Compant,
Inc" together with the certificate OF tn
reco,der of mortgages for the parish of o.
leans thereon, showing its recordatiOn in HI
office, the original of which is OF record ioi
3 INV notarial Office. New Orleans, June l. III
John P. SULLIVAN, Notary Publi
/ June 10 II "A july s -