The Caucasian. (Shreveport, La.) 1900-192?, 1909-12-30
CHARTER
OF THE PAUL HOPE COMPANY.

State of Louisiana, Parish of Caddo
Be it remembered, that on this the 10th
day of December A. D. 1909, before me
Leon r. Smith, a notary public in and
for Caddo Parish, Louisiana, duly
commissioned and qualified, and in the
presence of the witnesses hereinafter
named and undersigned, personally
came and appeared the persons whose
names are hereunto subscribed, who
severally declared that availing them
selves of the laws of the, State of Louis
lana relative to the formation of cor
porations, and especially Act No. 70 of
the General Assembly of the State of
Louisiana for the year 1904, they have
formed themselves, their associates and
successors into corporation for the OBJ
jects and purposes and under the agree
ments and stipulations hereinafter set
forth, which they adopt as their charter.
ARTICLE I.
The name of this corporation shall be
the PAUL HOPE COMPANY, with
its domicile in the City Of Shreveport,
Caddo Parish, State of Louisiana, and
under its said corporate name it shall
have and enjoy succession for period
of fifty (5o) years, unless sooner dis
solved as hereinafter specified. All legal
process shall be served on the presi-
dent, or in his absence at the Office of
the company, according to law.
ARTICLE II. J.
The object and purposes for which
this corporation is formed are hereby
declared to be to buy, sell and improve
real estate, and to purchase and sell
mortgage notes and commercial paper,
and to borrow and loan money, and to
do all things connected with or apper-
tanning to such business.
ARTICLE III. I
This corporation shall have power to
contract, sue and to be- sued; to make
and use corporate seal and the same
to alter at pleasure; to hold, receive,
purchase, improve, ALLEVIATE, convey, sell,
borrow, pledge, mortgage and hypoth-
ecate under the corporate name, all
kinds of property, and 10 make and es-
tablish such rules and regulations for
the proper management of the affairs,
rs it may deem necessary, and the, same
to alter or change at pleasure; and to
enjoy all other privileges and imnuni-
ties given by the laws of the State of |
Louisiana to corporations organized for
similar purposes.
ARTICLE ".
The capital stock of this corporation |
S hereby fixed at the sum of FIVE thous-
md (S5,ooooo) dollars, divided into IF
y (5o) shares of one hundred ($Ioo)
dollars each, payable at the time of its
ISSUANCE, in cash. This corporation
hall commence business as soon as Ave
thousand ($s,ooo.oo) dollars shall have
,een subscribed and paid. /
ARTICLE v.
The corporate powers of the corpor-
tion shall be vested in board of di-
ectors composed of three Cd stock
lolders, who shall be elected annually
n the first Monday in, December. The
irst board of directors is declared to
,e H. Key, E. Key and R. l.. Heard.
Who shall serve until Their successors
re chosen. Two (a) members shall
onstitute quorum of the board of di-
ectors for the transaction of business
he officers of this corporation shall be
president, vice president and treasurer
nd secretary, and the first of said
Ulcers are declared to be II. Key, pres
dent; E. Key, vice president and treas
rer, and R. L. Heard, secretary, and
hey shall serve until their successors
re chosen, and said officers shall bel
lected annually on. the first Monday in
december. A majority of the stock
resent shalt elect the directors, and in
II elections or proceedings Of stock
olders, each share of stock present or
represented by written proxy shall be
ntitled to one~(1 Z vote. Notice of all
aeetings of stockholders. shall be adj
ertised ten (Io) days in daily news
aper when required by law. Failure to
old an election for directors on the
ay named shall not dissolve the cor
Grafton, but the incumbent directors
hall hold over until their successors
re duly elected and qualified. Any va
ancy in, the board of directors shall be
lied by the remaining directors.
ARTICLE VI.
This charter may be amended, or this
may be dissolved at gen
raj meeting of the stockholders, con-
ened for that purpose, after due and
,gaI notice, as required by the laws Of |
he State of Louisiana, on q vote of
hree-fourths (3-4) Of the entire cap
al stock of this corporation, and when
4. n -. /