The Caucasian., 1910-08-25
CHARTER
The HUTCHINSON BROTHERS
REAL ESTATE AND BUILD
ING COMPANY.

State of Louisiana, Parish Of Caddo.
BE i known that this day before me. E..
.. Herndon, notary public in and for
Caddo Parish, State OF Louisiana. per
sonally came and appeared John Z.
hutchinson, Trigg S Hutchinson, Chas.
NJ. 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
lpersons as may hereafter become asso-
lciated with them, a corporation under
the laws of the State Of Louisiana,
made and provided for the formation
OF corporations for the purpose and OBJ
Jects and under the stipulations and
agreements as follows, to-wit:
ARTICLE /.
The name and style Of this corpora
ton shall be HUTCHINSON BROTH
ERS REAL ESTATE AND BUILD
ING COMPANY, and its donicile shall
be in the City Of Shreveport, Caddo
Parish, Louisiana. Under its said name
Eit shall have power and authority to ex-
ist and enjoy succession for fifty years
from and after this day.
ARTICLE II.
The object and purposes for which
| tl,ic rarr,f,+,f;r,.7 e f,1r.,,.1 -, a Al. -
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
cessfully.
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 w.
The capital stock of this corporation
is hereby fixed at the sum of one hun
dred thousand dollars ($Ioo,ooo.oo) di-
vided into one thousand (1ooo) shares
OF one hundred dollars ($1oooo) each,
TO be issued for cash paid the corpora
ton, or for property conveyed, and for
services rendered, provided, however,
that no stock shall be issued at less than
| par, and provided further that this cor
lporation may begin business as soon as
three hundred (3oo) shares of its capi-
tai stock shall have been secured and
I paid for in full, either in cash or its
equivalent.
ARTICLE v.
The corporate powers of this corpor
alton shall be vested. in and exercised
Iby board of directors consisting Of
three stockholders, two of whom shall
feonstitute a quorum for the transaction
lof business. The board of directors
shall make all bylaws, rules and regu-
lations for the management of the bus
| mess and officers of the company, and
lmay amend and change the same at
lpleasure The board OF directors shall
lelect the officers of this corporation AL
vacancies created in the board Of direc-
tors BY death, resignation or otherwise,
sllalf be filed by the remaining direc-
| ltors. The first board of directors OF
this corporation shall consist of ]. B.
Hutchinson, president; T. S. HutchiE-
son. vice president; and ]. w Fleur-
noy, secretary which said
board of directors shall remain in Office
until the second Tuesday in July 1911,
or until their successors shall have been
duly elected and qualified; on the sec
ofd Tuesday of July 1917, and annually
thereafter, election of directors shall be
held at the Office of the corporation IN
/ this City at Shreveport Caddo Parish,
Louisiana, notice of which said meeting
lshall be given iti any one Of the news
papers published IN the City of Shreye-
mort Louisiana, for ten days prior to
Ithe said meeting. AT all stockholders
meetings each share of stock shall be
/ entitled to one vote, either in person OF
tby proxy, in writing. In the event OF
lfaiiure ID elect directors as specified as
above, the directors then IN Office shall
lserve until their successors shall have
tbeen elected and meeting Of such
leleetion may then be held at any time
latter ten days writtn notice to each
stoclSholder
ARTICLE VI
This charter may be modified or
amended, except as to the increase or
decrease Of its capital stock, and this
corporation may be dissolved with tbs
. asse.,t nf tie n1aiorify Of the stock. arl5