The Caucasian. (Shreveport, La.) 1900-192?, 1912-06-18
CHARTER
Of the Woodrow Realty Company

l
State of Louisiana, Parish of Cad
do: Be it remembered, that on thi
day before me, J. H. Stephens Jr., ;
notary public in and for the saiC
Parish nd State, duly commissioned
and sWvrn, personally came and ap
pearfd w. 7. Pegues and w. T. Pc
CUES Jr., residents of DeSoto Parish
Louisiana, and q. 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 hereaf
ter become associated with them,
and do by these presents form and
constitute themselves into corper-
alton and body corporate and have
adopted and ordained as their char
ter and act of incorporation the fol
lowing, tO-Wit:
ARTICLE /.
p The name and title of this cor
poration shall be "WOOdrOW Realty
Company" with it's 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
puying 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-
itiOn is fixed at the sum OF
S25 100000, divided into $50 shares OF
he par value of one hundred dol
ars 100000 each, and it shall com
nence business and become a going
concern when 100000 of its capitai
stock is subscribed and paid for in
ash, labor or property, at valua-
lion to be fixed by the board of dt
rectOrs, and when issued shall be
fully paid and non assessable.
ARTICLE ~.
The affairs of this corporation
hall be managed and conducted by
, board of directors consisting of
hree stockholders to be elected at a
General stockholders meeting On the
irst Monday in January of each
ear, who shall hold their offices
or one year, or until their success
DIS are elected and installed, and
any vacancy occurring in said'board
# directors shall be filled by an
lection by the board of directors
If stakeholder for the unexpired
ERIN. Until the election on the first
in January 1913, the follow
ng shall constitute the board of di-
ectors Of this corporations: G. W.
Jack, who shall be president; w. T.
Pegues, who shall be vice president:
nd w. T. Pegues Jr, who shall be
secretary and treasurer. The board
# directors shall have the right to
make and adopt all needful rules,
equations or bylaws, and the same
o alter or change at pleasure, and
o employ or discharge all man
lgers, superintendent, clerks, or
,ther employees as may be needful
n the management of the affairs of
aid corporation.
ARTICLE V.
This charter may be amended, al
cred or abrOgated at the vote of
hree-fOurths of the capital stock
hereof at meeting held for that
purpose after ten days notice ad-
dressed 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
nay by unanimous consent waive
notice of any meeting. At all stock
folders meetings each share OF
stock shall be entitled to one vote
o be east by its owners in person
or by proxy. If this corporation
hould be dissolved or the charter
.xpire, it shall be liquidated by
hree commissioners appointed b,
he stockholders for that purpose.
ARTICLE vi.
This corporation shall have power
contract, sue and be sued in it.,
corporate name, TO make and use
seal; to hold, receive, pur
chase and oonyay IN mOptpaga nv