The Caucasian. (Shreveport, La.) 1900-192?, 1912-08-20
CHARTER
OF TIE Acme Realty and Investment
Company


Company
State of Louisiana, Parish of Cad
do: Be it remembered that on this
day, before me, the undersigned no
tary, in and for above parish and
State, duly commissioned and quail
flied, personally appeared l.. M. Nc
Duffie. John B. Files and w. T
TOoley, all residents of Caddo Par
iSh. Louisiana, who stated and de
clarrd to me, notary, that aNalling
themselves of the constitution and
laws of the State of Louisiana, they
have formed and constituted them
selves, as we'll as such other persons
as may hereafter become associated
with them, and do by these presents
form and constitute themselves into
corporation and body corporate
and have adopted and ordained a
their charter and act of incOrpOra
ton the following, to-wit:
ARTICLE |.
The name and title of this corpOr-
alton shaH be The Acme Realty and
Investment Company, with its domi-
cile in the City of Shreveport, Louis
lana, and under its corporate nam,
it shall have and enjoy succession
for period of fifty years unles,
sooner dissolved as hereinafter pro
vided All legal process shall b.
served on the president at the office
Of the company.
ARTICLE II.
The purpose for which this cor
pOratiOn is formed and the nature
of its business is declared to be tn,
buying and selling of both real ant
personal property, and the conduct
ing of a general real estate business
ARTICLE III.
The capital stock of this corpor
alton is fixed at Seventy-five hun
dred $500 dollars divided into sew
enty-fiVe shares of One Hundre,
Dollars each, and it shall commnect
business and be a going concern
when Three Thousand Dollars of it.
capital stock is subscribed and paiC
for, in cash, labor or property, at {
valuation fixed by the board of di-
rectors, and when issued shall bt
wholly paid and worcestershire.
ARTICLE w.
The affairs of this corporation
shall be managed and conducted b.!
a board of directors consisting o.
three stockholders to be elected al
general stockholders meeting on
the first Monday in August of each
year. who shall hold office for fouI
years or until their successors ar,
elected and qualified and any vac
ancy occurring in said board of d.
rectors shall be filled by appoint
ment by the remaining board of di
rectOrs, of a 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 b.
vice president; and w. T. Tooley
who shall be secretary The boarC
of directors shall operate through
their president and who shall have
full and complete power to repres
ent this corporation in all matter:
as fully as though the board of d
rectOrs acted in person.
The said board shall have th'
| right to make and adopt all needtu
rules and regulations or bylaws ant
| the same to alter or change a
pleasure, and to employ or discharg'
all managers, superintendent;
clerks, or other employees through
the president.
| ARTICLE V.
This charter may be amended, al
tered or abrogated by the vote o
three-fourths Of the capital stOc
thereof at a meeting held for tina
purpose after ten days written nc
tice addressed to each stockholde
through the United States mails, ez
ceptnd when otherwise provided b
the laws of Louisiana, provided tina
the stockholders may waive, by Ut
animous consent, any meeting an
notice. If it should be dissoljed O