The Caucasian. (Shreveport, La.) 1900-192?, 1912-07-16
CHARTER
OF the Woodrow Realty Company

State of Louisiana, Parish OF Cad
do: Be it remembered, that on this
day before me, J. H. Stephens Jr 3
notary public in and for the sale
Parish and State, duly commissioned
and sworn, personally came and ap-
peared w. 7. Pegues and w. L. Pc
CUES Jr., residents of DeSotO Parish
Louisiana, and G. w. Jack, a resi-
dent of Caddo Parish, Louisiana
who stated and declared to me, no
tary, that availing themselves of the
Constitution and laws of the State
of Louisiana. they have formed and
! constituted themselves, as we'll as
such other persons as may hereat-
ter become associated with them
and do by these presents form and
constitute themselves into cOrpor-
alton and body corporate and have
adopted and ordained as their char
ter and act of incorporation the fol
| lowing, to wit:
ARTICLE |.
The name and title of this cor
poration shall be "WoOdrOW Realty
Company" with its dOmicile at the
City of Shreveport, in the Parish of
| Caddo, State of Louisiana, and I'M
der its corporate name it shall have
and enjoy succession for a period of
fifty years unles sooner dissolved as
hereinafter provided. All legal pro
cess shall be served on the presi
dent. or in his absence on the vice
president Of the company at the of
flee of the corporation.
ARTICLE II.
The purpose for which this cor
pOratiOn is organized 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 a general real estate business.
ARTICLE III.
The capital stock of this corpor
alton is fixed at the sum OF
S25, 100000, divided into $50 shares Of
the par value of one hundred dol
lars 100000 each, and it shall com
Nence business and become going
concern when 100000 of it's capital
stock is subscribed and paid for III
lash, labor or property, at Valua
lion to be fixed by the board of di-
"actors, and when issued shall be
?ully paid and non assessable.
ARTICLE ".
The affairs of this corporation
hall be managed and conducted by
4 board of. directors consisting of
hree stockholders to be elected at
General stakeholder meeting on the
irst Monday in January of each
;ear, who shall hold their offices
"or one year, or until their success
Drs are elected and installed, and
ny vacancy occurring in said board
# directors shall be filled by an
lection by the board of directors
f stakeholder for the unexpired
erm. Until the election on the first
Monday in January 1913, the follow
lg shall constitute the board of di
pciors of this corporation: G. W.
lack, who shall be president; w. 7.
?egues, who shall be vice president:
nd w. T.. Pegues Jr., who shall be
ecretary and treasurer. The board
0f directors shall have the right to
make and adopt all needful rules,
regulations or bylaws, and the same
to alter or change at pleasure, and
to employ or discharge all man
ayers, superintendent, clerks, or
other employees as may be needful
in the management of the affairs of
said corporation.
ARTICLE V.
This charter may be amended, al
tered or abrogated at the vote of
;hree-fourths of the capital stock
hereof at a meeting held for that
purpose after ten days notice ad
;:ressed to each stakeholder through
he United States mails, except
when otherwise specially provided
by the laws of the State of Louis
ana, provided that the stockholders
| may by unanimous consent waive
notice of any meeting. At all stock
holders meetings each share Of
stock shall be entitled to one vote
10 be cast by its owners in person
or by proxy. If this corporation
should be dissolved or the charter
expire, it shall be liquidated by
three commissioners appointed by
The stockholders for that purpose.
! ARTICLE VI.
This corporation shall have power
to contract, sue and be sued in its
corporate name, to make and use a
corporate seal; to hold, receive, pur-
chase and convey, to mortgage, by
| o-l fnoca ,,n1an non