The Caucasian., 1912-08-04
CHARTER
OF the Urban Realty Company,

DO: Be 1t renlclnDefeQ Jndl OH tllle
day before me, J. H. Stephens Jr.
notary public in and for said Parish
and State. duly commissioned and
sworn, personally came and ap-
peaecd Thomas \. Jordan. l.. 1. Gun
ningham. George Whitfield Jack
Mrs. R6bCcca Jones and 5. q. Sam
Die. all residents of Caddo Parish,
La, who stated and declared to me,
notary public, that aVallInS them
selves of the Constitution and laws
of the State of Louisiana, they haNe
formed and constituted themselves,
as we'll as such other persons as
may hereafter become associated
with them, and by these presents,
form and constitute themselves into
a corporation and body eoIrorate
and have adopted and ordained. as
their charter and act Of lncorpora-
ton lhe following, to-wit:
ARTICLE l.
The name and title Of this corpor-
alton shall be Urban Realty Com
pany, with its domicile in the City
of Shreveport, Parish of Caddo, and
State of Louisiana, and under its
corporate name it shall have and en-
JOY succession for a period of fifty
years, unless sooner dissolved as
hereinafter provided. All legal pro
cess shall be served on the president
OF the company at the office 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 corpora
tion is fixed at the sum of twenty
thousand (S20,000O0) dollars, divid-
ed into two hundred shares of the
par value of one hundred (Si00N0)
dollars each, and it shall commence
business and become going con-
cern when three thousand $4,000
dollars of its capital stock is sub
scribed and paid for iD cash, labor
or property, at valuation to be
fixed by the board ofsdirectors, and
when issued shall. be fully Said 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
a general stockholders meetingon
On the first Monday in January Of
each year, who shall hold their Of !
flee for one year, or until their sue
cessors are elected and installed, !
and any vacancy occurring in said
board of directors shall be filled by
an election by the board of directors
of a stockholder for the unexpired |
term. Until the election the first |
Monday in January 1913, the follow
ing shall constitute the board of di-
rectors of this corporation: Thomas
A. Jordan, who shall be president;
g. W.Jack, vice president; and S.
G. Sample, OBSERVATION-DISCLOSURES. The
board of directors shall have the
right to make and adopt all needful
rules, regulations or bylaws, and
The same to alter or change at I
pleasure and to employ Or discharge
all managers, superintendents,
slerks or other employees, as may be
needful in the management of the |
affairs of said corporation. K
ARTICLE ".
This charter may be amended, al l
cred or abrogateS at the vote of !
,hree-fourths of the capital stock q
hereof at meeting held for that G
purpose otter ten days motive ad- d
lressed to each stakeholder through d
he United States mail, except when
otherwise provided by the laws off
he State of Louisiana provided that d
he stockholders may, by unanimous i
waive notice of any meet 1
ng. If it should be dissolved or the I
harter expire, it shall be liquidat-
d by three commissioners appoint
d by the stockholders for that pur-
ose. At all stockholders meetings d
ach share of stock shall be entitled y
D one vote to be cast by its owner :
4 person or by proxy. =
ARTICLE VI. :, Il
This corporation shall have power 4
} contract, sue and be sued in its h
name; to make and use a
seal; to hold, receive,
urchase and convey, to mortgage, al
ypothecate and lease under its cor F
Drate name both real and personal in
roperty; and to execute, issue and dl
oliver mortgage notes, mortgage es
,ndS oP other ohlipofians cannrod Ia