The Caucasian. (Shreveport, La.) 1900-192?, 1911-10-12
CHARTER
Of the McCarty Realty Company


m thorlty, personally came and an.
4 peared the several persons whose
names are hereto signed. who de-
~ clared that they do, by these pres
ents, form themselves into a cor
J. poration under the laws of the Slate
,e OF Louisiana, for the objects and
e purposes, as follows, to-wit:
) ARTICLE |.
J. The name and style of this cor
# lporatlOn is hereby declared tO he
McCarty Realty Company. It shall
ellJoy corporate existence and shall
y nave all of the powers given by law
J. to corporations Of its kind for a pc
Rod OF fifty years from the date
fcreof, unless sooner dissolved. asI
hereinafter set forth,
: ARTICLE II.
The objects and purposes of this
corporation are hereby declared to /
De to conduct the business of buy
ing, selling, exchanging or holding.
lots, lands, real estate. houses. tim
Der, and building houses in the
States OF Louisiana, Arkansas andI
Texas, with full power to mortgage
any real estate, lands, houses or tim
Der that ii may hold. The domicip [
OF this corporation shall be in
shreveport, Caddo Parish, Louisiana.
citation shall be made upon the
president or in his absence on the d
Officers of the corporation according a
to law. C.,
ARTICLE ILL., n
The capital stock of this corpOr I'M
alton is hereby fixed in the sum of ST
fifty thousand ($5OOOO.0O1 dollars. bt
divided into five hundred shares of
one hundred $4,000 dollars each;
and this corporation is authorized
to begin business when twenty-three
thousand five hundred 1923, 500. 90
1ollars of its capital stock shall W
have been subscribed and paid in
;ash or its equivalent.
ARTICLE ".
he corporate powers Of this cor
shall be vested in a board ll'
Il directors, consisting of three fio
t0ckholdefs, two of whom shall Lh'
onstitute a quorum for the trans on
ctlon OF business. This board shall J
Re elected annually by ballot by the am
tockholdefs at meeting to be held
n the first Monday in December Of ina
aeh year. beginning with The wear lar
9lf, and the directors shall nlnct /
ne other officers of the corporations nal
ntll such meeting shall be held ol
nd their successors elected and pre-
The directors of This COR cat
Grafton shall be Y. l.. McCarty. /
no shall be president: G.. f. Davis. del
no shall be vice president and e. dal
6. Browne, who shall be secretary par
nd treasurer. The board of direc- l
rs shall have authority to .naKe quo
lch regulations for the conduct anG fas
of the corporation and fcf
'all have the right to appoint such "lll
licers and agents and empl,vas as ! "
ey may deem proper ana neces- 81
ry in the conduct of the business Wht
d affairs of the corporation. L
ARTICLE Y We,
This corporation shall have Do,,.r mon
sue and be sued; to buy, sell and u
Drtgage any and all kinds Of prop ice
"; to contract and be contracted
tn; TO make any have corporate
IL and the same to change and al M
at pleasure; to make donations
lenever such may be to the evil
ut interest OF the corporation. and
lerally to do and perform any D,
:. it' '"'n7 '',a' may DC heces- sale
y IN the promotion of the objects abla
: i'i f'o'ea ion Mnlcll IL Is formed Cadd
i,IH VI. and
Il all meetings of stockholders win
: a'''ie "a STOCK silail De entitled with
one vote to be east in the person fo,. q
the holder, or by proxy, and the Of tb
'oii's VI 'otes cast snail elect: LOui
bic notice of the meetings of salaS
ekholders shall be given by print
notice III one of the newspapers 4 ee
'lished in the city of Shreveport, Inv A
by personal notice mailed TO the " p
skholders, to his postoffice adj assjg
IS, provided the stockholders Co.. q
waive notice or may meet by The ,
consent without notice west
ARTICLE VII. ouarl
MS charter or act of incorpora- sectif
may be changed, amended. al Cadd,
"a or abolished Except as to in dated
Using or decreasing its capital conyC
X or the corporation dissolved recor
vote of three-fourths of all the also f
X outstanding at a special meet prope
called for that purpose after ten tackle
notice, as above provided. pipin,
ARTICLE VIII. 4-inci
heneyer the corporation is dis Icrowr
ed by limitation or otherwise. its Joints