The Caucasian. (Shreveport, La.) 1900-192?, 1910-03-17
CHARTER
OF THE MASONIC BUILDING
COMPANY, SHREVEPORT, LA.

Sidney L. Herold, notary public in and
for the Parish of Caddo, State of Louis
lana, and in the presence of the under
signed witnesses, personally came and
appeared the several persons whose
names are hereunto subscribed, who de-
clared that availing themselves, as well
as all other persons who may hereafter
become associated with them, to form
a corporation for charitable purposes,
under Section OF of the Revised Stat
utes of the State of Louisiana, and the
laws amendatory thereof, with the pow
ers and for the purposes hereinafter
stated, and under the following articles,
to-wit:
ARTICLE I.
The name and title of this corporation
shall be MASONIC BUILDING
COMPANY and under said corporate
name it may sue and be sued, and shall
enjoy succession for period of ninety
nine years from the date hereof, and its
domicile shall be Shreveport, Caddo
Parish, Louisiana
ARTICLE II
The object and purpose of this cor
poration shall be to buy and sell real
estate, borrow money, execute and re-
ceive mortgages, promissory notes.
drafts and bonds; erect buildings, and
execute leases, dispense charity, accept
donations, inter vivos Or morris causa,
and do any and everything that may be
necessary to carry out the purposes as
above outlined, the principal object be-
ing the erection of Masonic Temple
in the City of Shreveport, State Of
Louisiana.
ARTICLE III.
Ali citations or other legal processes
shall be served upon the president of
said corporation, and in event of his alb
sence. on the vice president, or in the
absence of both, upon the secretary
treasurer of said company.
ARTICLE ".
The capital stock of this corporation
is fixed at the sum of fifty thousand dol
lars (S5o,ooooo) divided into FIVE thous-
and shares of $1,000 each Said shares
of stock shall be represented by GER
tifcates only signed by the president and
ecretary-treasurer, and sealed with the
seal of the corporation, and no transfer
of stock shall be valid unless the same
is made upon the books of the company,
and also is approved by the board of
trustees. This corporation is author
lied to commence business when fifteen
hundred shares of its stock shall have
been subscribed, and paid for, as may
be required by law, the said stock being
payable in cash. in three, six, nine, and
twelve months from January /, 1910,
and after January |, 1911, all subscrip-
tons for stock shall be payable in cash.
ARTICLE v.
The affairs of this corporation shall
be managed by board of trustees, COM
posed of nine stockholders, and the fol-
lowing persons are hereby nominated as
the first board of trustees, all of whom
shall hold Office until the first Tuesday
in January 1911, as follows, to-wit: L.
E. Thomas, A. W. Cheesnan, H. NJ.
We'll, J. ]. Lyon, d. P. Eubank, w. A.
Kerley, T. B. Chase, NJ l. Scovell and
F. G. Snyder The said board of trus-
tees shall select from their number a
president, vice president, and secre-
tary treasurer, who shall have the Off
cial management of the affairs of the
corporation.
ARTICLE VI.
The board of trustees of this corpora
ton shall be selected as follows:
Shreveport Lodge No. rs and Caddo
Lodge No. 17o, Free and Accepted Ma
sons, and Shreveport Chapter No 10,
Royal Arch Masons, and Ascension
Commandery No. 6, Knights Templar,
all of the City of Shreveport, Louis
lana, shall each elect, in such manner as
they may respectively determine, two
trustees. and these eight when selected,
shall on the first Tuesday in January
of each year elect one member who
shall Be member in good standing of
one of the above mentioned bodies,
making nine trustees, who shall have
full charge of the business and affairs
OF this corporation. In case of any va
cancy in the board of trustees, which
may be caused by death, resignation or
otherwise, the remaining trustees shall
Eli said vacancy for the unexpired term
of such trustee
ARTICLE VII.
No person holding any stock in this
corporation shall be permitted to sell or
transfer the same to any person, except
it be approved BY the board of trustees;
and the various Masonic bodies of the
City Of Shreveport shall be offered the
first privilege of purchasing said stock,
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