The Caucasian. (Shreveport, La.) 1900-192?, 1910-09-01
CHARTER
THE HUTCHINSON BROTHERS
REAL ESTATE AND BUILD
ING COMPANY.


Caddo Parish, State of Louisiana, per
sonally came and appeared John b.
Hutchinson, Trigg S, Hutchinson, Chas'
M. Hutchinson, Vim. ]. Hutchinson Jr.,
and John w. Flournoy, all residents of
Caddo Parish and State of Louisiana,
who declared to me that they do here
by form for themselves and such other
persons as may hereafter become asso-
ciated with them, corporation under
the laws of the State of Louisiana,
made and provided for the formation
of corporations for the purpose and OBJ
iects and under the stipulations and
agreements as follows, to-Wit:
ARTICLE /.
The name and style of this corpora
ton shall be HUTCHINSON BROTH
Frs REAL ESTATE AND BUILD
ING COMPANY, and its domicile shall
be in the City of Shreveport, Caddo
Parish, Louisiana. Under its said name
| it shall have power and authority to ex-
list and enjoy succession for Fifty years
from and after this day.
ARTICLE II.
The object and purposes for which
this corporation is formed and the ma
ture of business to be carried on BY it
| is hereby declared TO be to purchase,
own and sell real estate, erct and con-
struct buildings thereon, and to that
end to borrow money, give notes and
mortgages and do any and all things
necessary to carry on the objects for
/ which this corporation is created, sue
eessfully
ARTICLE III.
This corporation shall have the right
to sue and be sued citation to be served
on the president, and, in his absence, on
any officer of the said company at its
! office.
ARTICLE ".
The capital stock of this corporation
lis hereby fixed at the sum of one hun
bred thousand dollars ($1ooyooooo) di-
vided into one thousand (Iooo) shares
Of one hundred dollars ($Ioooo) each
Ito be issued for cash paid the corpora
Ition, or for property conveyed, and for
services rendered, provided, however
| that no stock shall be issued at less thar
par, and provided further that this cor
| poration may begin business as soon as
Three hundred (3oo) shares of its CAPT
tai stock shall have been secured and
paid for in full, either in cash or itS
equivalent
ARTICLE ".
The corporate powers of this corpor.
alton shall be vested in and exercised
BY a board of directors consisting o
three stockholders, two of whom shall
constitute quorum for the transaction
of business. The board of director
: shall make all bylaws, rules and regu
iIations for the management of the bus
mess and officers of the company, ant
lmay amend and change the same
pleasure. The board of directors shall
elect the officers of this corporation. Al
vacancies created in the board of dlrec
: tors by death, resignation or otherwise
shall be filed by the remaining d1rec
-ltors. The first board of directors
this corporation shall consist of J. Z
!. Hutchinson, president; I. 5. HutehIrl
!; son. vice president; and ]. w. Flour
nov. secretary-treasureT, which sal
) hoard of directors shall remain in ofic
i until the second Tuesday in July IoI,
/ Tor until their successors shall have bee
5 dt,lv elected and qualified; on the SEE
ond Tuesday of July 1917, and annual
thereafter, election of directors shall
3 held at the office of the corporation
this City of Shreveport, Caddo Paris
E / Louisiana, notice of which said f11eetin
( lshal1 be given in any one OF the news
d | papers published in the City OF Shrev'
mort. Louisiana, for ten days prior
the said meeting. At all stockholdei
meetings each share of stock shall
I'll entitled to one vote, either in person
i by proxy, in writing. In the event
failure TO elect directors as specified
s: above. the directors then in office sh'
ii serve until their successors shall ha'
,eIbeen elected, and meeting of su'
s election may then be held at any tn
l. after ten days writtn notice to ca
wi stockho1der.
ARTICLE VI.
i This charter may be modified
t, amended, except as to the increase
decrease of its capital stock, and Il
corporation may be dissolved with t
k assent of the majority of the stock, a
general meeting of the stockholdt
convened for such purpose after thu
u days notice published in any OF
$. newspapers published in the City
% Shreveport, Louisiana.
ARTICLE VII.
s Whenever this corporation is
: solved, either by limitation of its Oh
!, ter or any other cause, its affairs 81
S be liquidated by two commission