The Caucasian. (Shreveport, La.) 1900-192?, 1910-08-28

4 e.
THE HUTCHIN SON BRO I
REAL EsfA TIE AND BUILD
ING EONPA N

Hutchinson, Irigg S. Hutchinson. Chas
AZ, Hutchinson, Vim. Hutchinson r.
and John ". Flournoy, all residents Of
Caddo Parish and State Of Louisiana
who iared to me that they do here
by form for themselves and such other
persons as may hereafter become asso-
cIated 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
5eefs and under the stipulations and
agreements as follows, to-wit;
ARTICLE /.
The name and style of this CORPORA
ton shall be HUTCHINSON BROTH
.ET1S REAL ESTATE AND BUILD
ING COMPANY, and its donicile shall
be in the City of Shreveport, Caddo
Parish, Louisiana Under its said name
It 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
this corporation is formed and the ma
ture of business to be carried on bv 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 ".
The capital stock of this corporation
is hereby fixed at the sum of one hum
dred thousand dollars ($Ioo,ooooo1 di-
vided into one thousand (Iooo) shares
Of che hundred dollars (sIoooo) each,
to be issued for cash paid the corpora
a z
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
poration may begin business as soon as
three hundred (3oo) shares of its capi-
tai stock shall have been secured and
paid for in full, either in cash or its
equivalent.
ARTICLE ".
The corporate powers of this corpor-
alton shah be vested in and exercised
BY board Of directors consisting of
thress stockholders. two Of whom shall
coh bite a quorum for the transaction
Of 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
may amend and change the same at
pleasure. The board of directors shall
elect the officers Of this corporation. All
vacancies created in the board of direc-
tors by death, resignation or otherwise,
shall be filed by the remaining direc-I
tors The first board of directors of
This corporation shall consist of b.
Hutchinson, president; z. S. Hutchin-
SON. vice president; and J. W. Flour
noy, secretary treasurer, which said
board of directors shall remain in Office
until the second Tuesday IN July 1911.
or until their successors shall have been
dsIly elected and qualified; on the Sec
ond Tuesday Of July 1oII and annually
thereafter, election Of directors shall bel
held al the Office of the corporation in
this City of Shreveport, Caddo Parish. |
Louisiana. notice Of which said meeting
shall be given in any one Of the news
papers published in the City of Shreye-
port, Louisiana, for ten days prior to
the said meeting AT ali stockholders
meetings each share of stock shall be
entitled to one vote, either IN person or
By proxy. ii writing. In the event OF
failure to elect directors as specified as
above, the directors then in Office shall
serve until their successors shall have
been elected. and a meeting Of such /
election may then be held at any time
after ten days writtn notice to each
stoekhoider
ARTICLE VI.
This charter may be modified Or
amended, except as to the increase q
decrease Of its capital stock, and this
essrf.o-a4;a,, ,,,s4, he dissalved with theI
assent Of the majority Of the stock, and
general meeting Of the stockholders
eotis ss1ed for such purpose after thirty
days notice published IN any Of the
newspapers published IN the City Of
Shreveport, Louisiana.
ARTICLE VII.
Whenever this corporation is dis
solved either BY limitation OF its char