The Caucasian., 1911-07-11
CHARTER
OF the Globe Realty and Investment
Company.

40. BEFORE me, Inc Undersigned no.
tary public, duly commissioned and
sworn, appeared Gus Klein, H.
Fraenkel, Bernard Klein, J. C. ST.
mon, Samuel Feist, all of Shreve-
port, Louisiana, who declared to me
that they. do hereby form them
selves into corporation under the
laws of the State of Louisiana, un-
der the stipulations hereinafter set
out, to-Wit:
ARTICLE /.
The name and style of this cor
poration is hereby declared to be
Globe Realty and Investment Conn
.pany; it shall have the right to en-
10y succession for ninety-nine years,
with the right to contract, sue and
10 be sued; and to hold, purchase,
lease, sell and hypothecate property,
real and personal; its domicife shall
be in the city of Shreveport, Louis
lana, and all citation and other legal
process shall be made on its presi-
dent, or in his absence at the office
of the company according to law.
ARTICLE II.
The objects for which this corpor-
ation is organized and the nature of
the business to be carried on by it
are hereby declared to be to con-
duct the business of buying and
selling real and personal property
on commission, and also to buy and
sell real or personal property on its
own account; and also, if directors
see proper, to carry on the business
of insurance agent.
ARTICLE III.
The capital stock of this corpora
|tion is hereby fixed in the sum of
three thousand (S300O00) dollars,
/ divided into thirty shares of one
hundred (st000o) dollars each; and
the said corporation is authorized
to commence business whenever the
full payment of its capital stock
Thirty shares) is subscribed and
paid in full. The capital stock of
said corporation shall not be issued
for less than par and shall be paid
for in cash or its equivalent.
ARTICLE ".
The corporate powers of this cor
poration shall be vested in a board
LOT directors consisting of three
who shall be annually
elected on the second Tuesday in
January. The first board of direc-
tors is declared to be Gus Klein. H
Fraenkel and Bernard Klein, who
shall serve until the second Tuesday
in January 1912, or until their sue
Cessors are elected. The officers of
this company shall be a president,
vice president, secretary and treas
| urer, and the first of said officers is
declared to be Gus Klein, president;
Bernard Klein, vice president; and
H. Fraenkel as secretary and treas
Iurer. The said officers shall be elect
led annually on the second Tuesday
IN January. A majority Of the stock
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 vote. Notice
OF all elections or meetings of stock
holders shall be advertised ten days
in a daily newspaper published in
the city of Shreveport; provided
however, that such notice may be
waived by unanimous consent of tbs
stockholders.
/ ARTICLE Y.
| No stockholder shall be liable on
account of any obligation to this
Icorporation in any other sum than
1.-THE amount of unpaid balance due
Iby him on the stock subscribed for
No irregularity nor any informally
in organization shall have the effeci
of rendering this charter null or oi