The Caucasian. (Shreveport, La.) 1900-192?, 1910-01-02
CHARTER
OF THE PAUL HOPE COMPANY

State of Louisiana. Parish of Caddo
81 BE it remembered, that on this the I6t
+ day Of December A. D. 1000, before mt
II, Leon r. Smith, a notary public in an
for Caddo Parish. Louisiana. dxl,
, commissioned and qualified. and in tn
/ presence of the witnesses hereinafte
named and undersigned, PERSONAL,
1 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 a corporation for the OBJ
| jects and purposes and under the agree
ments and stipulations hereinafter set
forth, which they adopt as their charter
ARTICLE /.
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 $50 years, unless sooner dis
solved as hereinafter specified All legal
process shall be served on the presi-
dent, or in his absence at the Office of
the company, according to law.
ARTICLE II.
The object and purposes for which
this corporation is formed are hereby
declared to be to buy, sell and improve
real estate, and to purchase and sell
mortgage notes and commercial paper, |
and to borrow and loan money. and to |
do all things connected with or apper-
tanning to such business.
ARTICLE III.
This corporation shall have power to
contract, sue and to be sued to make
and use a corporate seal and the same
to alter at pleasure; to hold, receive,
purchase, improve, ALLEVIATE, convey, sell,
borrow. pledge, mortgage and hypoth-
ecate under the corporate name. all
kinds of property, and to make and es-
tablish such rules ard regulations for
the proper management of the affairs,
as 1T may deem necessary, and the same
TO alter or change at pleasure; and to
enjoy all other privileges and irnmuni-
ties given by the laws of the State of
Louisiana to corporations organized for
similar purposes.
ARTICLE ".
The capital stock of this corporation
Is hereby fixed at the sum of FIVE thous-
and ($s,ooooo) dollars, divided into ff-
ty ESQ., shares of one hundred ($1oo)
dollars each, payable at the time of its
issuance, in cash. This corporation
shall commence business as soon as five
thousand ($5,ooooo) dollars shall have 9
'een subscribed and paid.
ARTICLE V.
| he corporate powers of the eorpor- .
ton shall be vested in a board of di- :
ectors composed of three CD stock
folders, who shall be elected annually /
II the first Monday in December. The l
rst board of directors is declared to q
e H. Key, E. Key and r. L. Heard. d
Who shall serve until their successors g
re chosen. Two ca members shall
onstitute quorum of the board of di-
ectors for the transaction of business
ne officers Of this corporation shall he
president, vice president and treasurer
nd secretary, and the first Of said
Ulcers are declared to be Fl KEY. pres- 81
lent; T.. Key, vice president and treas d
fer, and K. l. Heard, secretary and tn
icy shall serve until their successors So
-e chosen, and said officers shall be Fl
ccted annually on the first Monday in ha
ecenber A majority of the stock ha
esent shall elect the directors. and in to-
elections or proceedings Of stock, iaf
'lders, each share Of stock present or ito
W Which proxy SNAIL he SSt
titled to one q vote. Notice OF ali SCI
settings of stockholders shall be adj Co
rttsed ten (fo) days in daily news da1
per when required by law. Failure to as
Id an election for directors on the S.
named shall not dissolve the cor
ration, but the incumbent directors |
III hold over until their successors {
duly elected and qualified. ANY va
ICY in the board of directors shall be
ID by the remaining directors. M
ARTICLE VI.
his charter may be amended, or this
poration may be dissolved at gen. N
meeting Of the stockholders. CON OH,
cd for that purpose, after due and this
u notice, as required by the laws of debt
State of Louisiana, on vote of posi-
.e-foufths (3-D of the entire cap time
stock Of this corporation, and when duly
lis5olved or when dissolved by linn W
on, its affairs shall be iqudated BY iude
appointed for that pur- Dec