The Caucasian. (Shreveport, La.) 1900-192?, 1910-01-06
-
CHARTER
OF THE PAUL HOPE COMPANY.

/ State Of Louisiana, Parish of Caddo
Be it remembered, that on this the I6tt
day of December A. D. 1909, before me
Leon r. Smith, a notary public in ant
for Caddo Parish, Louisiana, daily
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 78 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 il shall
have and enjoy succession for period
of fifty ESQ., 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, all |
kinds of property, and to make and es-
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 irnrnuni-
hes given by the laws of the State of
Louisiana to corporations organized for
similar purposes.
ARTICLE ".
The capital stock OF this corporation
IS hereby fixed at the sum of FIVE thous-
and ($5,ooo,oo) dollars, divided into ff- /,
ty $50 shares of one hundred ($Ioo) ,
dollars each, payable at the time of its ,
issuance, in cash. This corporation :
snail commence business as soon as fSe
thousand ($5,ooooo) dollars shall have
been subscribed and paid.
All LILLE v. g.,
he corporate powers of the corpor-
alton shall be vested in a board of di- +,
rectors composed of three (7) stock
folders, who shall be elected annually /,
IN the first Mcr1day.in December. The
irst board of directors is declared TO
Dc H. Key, E. Key and R. L. Heard
who shall serve until their successors c
ire chosen. Two (2) members shall
constitute quorum of the board of di-
eetors for the transaction of business
The officers of this corporation shall be
president vice president and treasurer
md secretary, and the first of said
Ulcers are declared to be Fl. Key, pres 5
dent; E. Key, vice president and treas |
Irer, and r. l. Heard, secretary, and q
hey shall serve Until their successors
re chosen, and said officers shall be
sected annually on the. first Monday in 7
MEMBER. A majority the stock
s. shall elect the directors, and in 4
ia .sions or proceedings of stock u
- och share of stock present or Il
~ go by written proxy shall be e
- ~ TT vote. Notice of all $
n.ee pckholders shall be adj I
ysI.lssa zen -. days in daily news d
pS s,s @ 'a,., 49, by law. Failure to a
day named shall ne ~ $500 on 'le
noration. but the ifig ssseiye Ine cor
shall hold over until Usne directors
are duly elected and quak SUCCESSORS
cancy in the board ofsdirecs Ally va
filled by the remaining directes nsh DC ;,
ARTICLE VI. =
This charter may be amended, o.
corporation may be dissolved at
etal meeting of the stockholders, coz r,
vened for that purpose, after due and
legal notice, as required by the laws of
the State Of Louisiana, on vote Of
three-fourths (3-4) Of the entire cap
ital stock of this corporation, and when