The Caucasian. (Shreveport, La.) 1900-192?, 1912-07-28
CHARTER
Of The Acme Realty and Investment
Company

state OF Louisiana, Parish Of Cad
DO: Be it remembered that on this
day, before me, the undersigned no
tary, III and for above parish and
State, duly commissioned and quail
flied, personally appeared L. NJ Nc
Duffle, John b. Files and W. t.
TOOley, all residents Of Cadd0 Par
ISL, Louisiana. who stated and de
clared to me, notary, that aNailing
themselves Of the constitution and
laws Of tn" State Of Louisiana. they
gave formed and constituted them
selves. as well as such other persons
as may hereafter heroine associated
with them. and dc by these presents
form and constitute themselves into
corporation and body corporate
and have adopted and ordained as
their charter and act Of incOrpora-
ton the following, to-wit:
ARTICLE |.
The name and title of this COrpOr-
alton shall be The &.me @saity and
Investment Company, with its domi-
cile in the City of Shreveport, Louis
lana, and under o. corporate name
it shall have and enjoy succession
for a period Of fifty years unless
sooner dissolved as hereinafter pro-
sided. All legal process shall be
served on the president at the office
of the company.
ARTICLE OIL.
The purpose for which this cor
pOration is formed and the nature
of its business is declared to be the
buying and selling of both real and
personal property, and the conduct
ing of general real estate business.
ARTICLE III.
The capital stock of this corpor-
alton is fixed at Seventy-five hun
dred (S75OO) dollars divided into seq
enty-five shares of One Hundred
Dollars each, and it shall commnece
business and be going concern
when Three Thousand Dollars of its
capital stock is subscribed and paid
for, in cash, labor or property, at a
valuation fixed by the board of di-
rectors, and when issued shall be
wholly paid and non-assessable.
ARTICLE ".
The affairs of this corporation
shall be managed and conducted by
a board of directors consisting OF
three stockholders to be elected at
general stockholders meeting on
the first Monday in August of each
year, who shall hold office for four
years or until their successors are
elected and qualified and any vac
ancy occurring in said board OF dl-
rectors shall be filled by appoint
ment by the remaining board of di-
| rectors of stakeholder for the I'M
expired term. .
The following shall constitute the
first board of directors of this cor
poration. L. NJ. McDuffie, who shall
be president and manager and treas
urer: John B. Files. who shall be
vice president; and w. T. Tooley
who shall be secretary. The board
of directors shall operate through
their president and who shall have
full and complete power to repres,
ent this corporation III all matters
as fully as though the board of di-
rectors acted in person.
The said board shall have the
right to make and adopt all needfuI
rules and regulations or bylaws anC
the same to alter or change al
pleasure, and to employ or discharge
all managers, superintendent
clerks, or other employees through
! the president. f IT. 81
ARTICLE Y.
This charter may be amended, al
tered or abrogated by the vote OF
/ three-fourths of the capital stocE
thereof at meeting held for thai
purpose after ten days written no
/ LlGP duuItSStu W Cdtll StothIoioSs
through the United States mails, ex
cepted when otherwise provided by
i the laws of Louisiana, provided thai
the stockholders may waive, by IN,
animous consent, any meeting ant
notice. If it should be dissolved OIL
the charter expire it shall be liqui
dated by three commissioners ap
pointed by the stockholders for thai
purpose. At all stockholders meet
| ings each share of stock shall be en-
| titled to one vote to be cast by the
holder in person or by proxy.
ARTICLE VI. 49,
| This corporation shall have power
| to contract, sue and be sued IN it:
| corporate name; to make and us'
corporate seal; to hold, receive
| purchase and convey, to mortgage
| hypothecate and lease under It's cor
Iporate name both real and persona