The Caucasian. (Shreveport, La.) 1900-192?, 1909-12-28
CHAR Err
OF THE PAUL HOPE COMPANY.

Leon r. Smith, 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 awaiting 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
iects 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.
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.
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, ell
kinds of property, and to make and e.
tablish such rules and regulations for
the proper management of the affairs.
as it may deem necessary, and the same
to alter or change at pleasure; and to
enjoy all other privileges and innuni-
ties given by the laws of the State of |
Louisiana to corporations organized for
similar purposes.
ARTICLE W.
The capital stock of this corporation
is hereby fixed at the sum Of FIVE thous-
and ($s,ooooo) dollars, divided into if
ty ESQ., shares of one hundred ($Ioo)
dollars each, payable at the time of its
issuance, in cash. This corporation
shall commence business as soon as FIVE
thousand ($5,ooo.oo) dollars shalt have
been subscribed and paid.
ARTICLE v.
The corporate powers OF the corpor-
alton shall be vested in board of di-
rectors composed of three Cd stock
holders, who shall be elected annually
on the first Monday in December. The
first board Of directors Is declared to
be H Key, E. Key and R. L. Heard.
who shall serve until their successors
are chosen. Two [21 members shall
constitute quorum of the board of di-
rectors for the transaction Of business.
The officers Of this corporation shall be
a president, vice president and treasurer
and a secretary, and the first of said
officers are declared to be Fl. Key, pres
ident; E Key, vice president and treas
urer. and r. L Heard, secretary. and
they shall serve until their successors
are chosen, and said officers shall be
elected annually on the first Monday in
December. A majority of the stock
present shall elect the directors, and IN
all elections or proceedings Of stock
holders, each share Of stock present or
represented by written proxy shall be
entitled to one IL vote. Notice Of all
meetings Of stockholders shall be adj
vertised ten (1o) days in daily news
paper when required by law. Failure to
hold an election for directors on the
day named shall not dissolve the cor
poration, but the incumbent directors
shall hold over until their successcrs
are duly. elected and qualified. Any va
cancy in the board Of directors shall be
filed by the remaining directors.
ARTICLE VI.
This charter may be amended, or this
corporation may be dissolved at a gen
eral meeting of the stockholders. con-
vened for that purpose, after due and
legal notice, a. required by the laws of
the State Of LDuisisna, On vote OF
three-fourths (s-4) Of the entire cap
ital stock of this corporation. and when
so dissolved, or when dissolved by linn
itation, its affairs shall be liquidated by
commissioner appointed for that pur-
pose, to be elected BY such meeting Of
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