The Caucasian. (Shreveport, La.) 1900-192?, 1910-01-13
CHARTER
OF THE PAUL HOPE COMPANY.

leon R, Smith, notary public in anc
| for Caddo Parish, Louisiana, dSly
commissioned and qualified, and in the
presence of the witnesses hereinafter
named and undersigned, personally
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 corporation for the OBJ
iects and purposes and under the agree
ments and stipulations hereinafter set
forth, which they adopt as their charter.
ARTICLE I.
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 (5o) 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 and regulations for
| the proper management of the affairs,
as it may deem necessary, and the same
to alter or change at pleasure; and to
enjoy all other privileges and inlmuni-
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 ($5 ooooo) dollars, divided into ff-
ty (5o) shares of one hundred ($Ioo)
| 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
been subscribed and paid.
ARTICLE v.
The corporate powers of the corpor
alton shall be vested in board of d.
rectors composed of three Cd stock
holders, who shall be elected annually
on the first Monday in December. The
first board of directors is declared to
be H. Key, E. Key and R. L. Heard,
who shall serve until their successors
are chosen. Two ca members shall
constitute a quorum of the board of di-
rectors for the transaction of business.
The officers of this corporation shall be
president, vice president and treasurer
and a secretary, and the first of said
officers are declared to be H. Key, pres
ident; E. Key, vice president and treas
urer, and R. L Heard, secretary, and
they shall serve until their successors
/ are chosen, and said officers shall be
| elected annually on the first Monday in
December. A majority of the stock
present shall elect the directors, and in
all elections or proceedings of stock
| holders, each share of stock present or
represented by written proxy shall be
entitled to one e. VOTE Notice of all
/ meetings of stockholders shall be ad-
Iyertised ten (Io) days in daily news
paper when required by law. Failure to
hold an election for directors on the
day named shall not dissolve the cor
i poration, but the incumbent directors
Eshall hold over until their successors
are duly elected and qualified Any va
cancy in the board of directors shall BIZ
! filled nv the remaining directors
ARTICLE VI.
This charter may be amended, or thi!
corporation may be dissolved at gen
eral meeting of the stockholders, con
: vened for that purpose, after due ane
legal notice, as required by the laws o,
the State of Louisiana, on vote o
three-fourths go of the entire cap
ital stock of this corporation, and whel
! so dissolved, or when dissolved by lin
iitation, its affairs shall be liouidated b,