The Caucasian. (Shreveport, La.) 1900-192?, 1912-08-04
CHARTER
OF The Acme Realty and Investment
Company

state OF Louisiana. Parrish OF Cs.s
do: b. it remembered that on this
i.y. before ne. the undrr.Isnot no
tory. iU AVID for above parish and
state. .iiIIN commissioned and Nual-
Irsi, personally appeared T.. ~. Nc
tb!itip. I,i.n 4. Vie. and ". l.
VOb,S. AL rvsi,.Nts Of CsitO par-
ISh. l"Ii~iAna. NAO stat}sl 0n1 ~
rIarpf to no. NotaIs. Mat asaiIiN-
themselves ~ tho sal,~ II ntioN and
laws of tin state Ct LolIi>isGa. they
have fCrWed and constituted them
selves, ~ we'll a. such other persons
as Aa< hereafter become associated
with theA, and DO by these presents
form and constitute themselves into
corporation and body corporate,
and have adopted and ordained as
their charter and act Of incorpors-
ton the following, to-wit:
ARTICLE !. ".
The name and title Of this corpOr-
alton shall be The Acme Realty and
Investment Company, with its domi-
cile in the City Of Shreveport, Louis
lana, an1 under its corporate name
| it shall have and enjoy succession
for . period Of fifty years unless
sooner dissolved a. hereinafter pro-
vided. All legal process shall be
served ON The president at the office
OF Che company.
ARTICLE ".
The pnrpose for which this cor
poration is formed and the nature
81 its business is declared to De the
buying and selling 0f both real and
personal property, and the conduct
nx Il . general real estate business.
ARTICLE III.
The capital stock Of 4his cefpOr-
alton j. iaXed at Seventyfis hun
'dred (S75OO) dollars divided into sew
enty-fis shares Of One Hundred
Dollars each, and Il shall commnece
business and be going ConcerA
wheo Three Thousand Dollars of its
capital stock is subscribed and paid
for, in cash. labor a. property. at a
valuation fixed by the board Of di.
rectors, and when issued shall be
. wholly paid and worcestershire.
ARTICLE ".
The affairs Of this corporation
shall be managed and conducted by
board of directors consisting of
three stockholders 20 be elected at
a 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-
vectors 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 be
vice president; and w. 7. TooleS,
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 in 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 needful
rules and regulations or bylaws and
the same to alter or change at
pleasure, and to employ or discharge
all managers, superintendent
clerks, or other employees through
the president.
ARTICLE V.
This charter may be amended, al
tered Or abrogated by the vote of
three-fourths of the capital stock
thereof at a meeting held for that
purpose after ten days written no
tice addressed to each stakeholder
through the United States mails, eX-
cebted when otherwise provided by
the laws Of Louisiana, provided that
the stockholders may waive, by I'M
animous consent, any meeting and
notice. If it should be dissolved or
the charter expire it shall be liqui-
dated by three commissioners ap-
pointed by the stockholders for that