The Caucasian. (Shreveport, La.) 1900-192?, 1910-10-04
CHARTER
OF THE INVESTORS REAL ES
TATE COMPANY.

sworn, appeared Anasa F. Hawkins, a
resident of Houston, Texas; John L.
Tibbott,. resident of Shreveport, La,
and Jesse NJ. Hawkins, a resident of
Houston, Texas, who declared to me
that they do hereby form themselves
into corporation under the laws of
the State of Louisiana, under the stip-
ulations hereinafter set out, to-wit:
ARTICLE |.
The name of this corporation shall be
INVESTORS REAL ESTATE COM
PANY; it shall have the right to enjoy
succession for ninety-nine years, with
the right to contract, sue and be sued,
and to hold, purchase, lease, sell and
hypothecate property, real and per-
sonal; its domicile shall be in the City
of Shreveport, and all citation and other
legal process shall be made on its pres
ident, or in his absence at the office of
the company according to law.
ARTICLE II.
The objects for which this corpora
ton is organized and the nature of the
business to be carried on by it are
hereby declared to be, to buy and sell
real estate; especially to buy acreage
property within the limits or adjacent
to the City of Shreveport, Louisiana,
or elsewhere, and to subdivide the same
into lots, and to sell or improve and
lease said lots; to own and acquire city
residences, business property and to sell
or lease the same; to buy and sell farm
lands and timber lands; to buy and sell,
as we'll as lease, mineral lands, and to
buy and sell lands on commission.
ARTICLE III.
The capital stock of this corporation
is hereby fixed in the sum of one hun
dred thousand ($Ioo,ooo.oo) dollars,
divided into one thousand shares of
one hundred dollars each; and said
corporation is authorized to commence
business whenever one hundred shares
of its capital stock shall have been sub
scribed and paid for in full; the capital
stock of said corporation shall be paid
for in cash or its equivalent
ARTICLE ".
The corporate powers of this corpor-
alton shall be vested in a board of di-
fectors, consisting of three stockhold-
ers. who shall be annually elected on
the second Tuesday in January. The
first board of directors is declared to be
Amasa F. Hawkins, John L. Tibbott
and Jesse M. Hawkins, who shall serve
until their successors are elected. The
officers of this company shall be pres
ident, vice president, secretary and
treasurer, and the first of said officers
are declared TO be John L. Tibbott,
president; Jesse M. Hawkins, vice pres
ident; and Amasa f. Hawkins, seere-
tary and treasurer. Said officers shall
be elected annually on said second Tues
day in January. A majority of the
stock shall elect the directors, and in all
elections or proceedings of stockhold-
ers, each share of stock present or rep
resented by written proxy shall be en-
titled to one vote Notice of all cleo
tons or meetings of stockholders shall
be advertised ten days IN a daily paper !;
directors to be chosen at the office Of
the company.
ARTICLE V.
No stockho1der shall be liable on ac-
count of any obligation to this corpora
ton in any other sum than the amount
of unpaid balance due by him on stock
subscribed for. No irregularity nor
any informally in organization shall
have the effect of rendering this char
ter null or of exposing any stakeholder
to liability beyond such unpaid balance.
ARTICLE VI
This charter may be amended Tex
cept as to increasing or decreasing its
capital stoek) by a two-thirds vote OF
stock represented at meeting of the
stockholders convened for such purpose
after ten days previous notice by publ
cation in any one of the newspapers OF
the City of Shreveport, Louisiana.
Whenever this corporation is dissolved
by limitation or otherwise, It's affairs
shall be 1iquidated by three commits
sioners elected at a stockholders meet
ing, who shall have full power to wind
up its affairs and settle its Indebtedness
In testimony of all of which the said
above named parties have heretlnto at
fixed their signatures in the presence
of S. Z. Herold and Sara w. Pearce
competent witnesses, on this the 28tf
day of September A. D. 1910.
A. F. HAWKINS.
Jesse M. HAWKINS.
| Attest: JOHN L. TIBBOTT.
S. Z. HER0LD.
SARA w. PEARCE.
]. A. THIGPEN,
Notary Public
T approve the above and foregoing
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