The Caucasian. (Shreveport, La.) 1900-192?, 1912-08-13
CHARTER
or Che Acme Realty and investment
Company

Company
State Of Louisiana, Parish of Cad
do: Be it remembered that OH this
day, before me, the undersigned no
tarN. IN and for above parish and
flied personally appeared l.. M. Nc
Duffie. John +. Files and w. I.
'rOOlry, all residents Of Caddo Par
Ish, Louisiana, who stated and de.
rlarrd to me, notary, that asailing
themselves of the constitution and
laws of the State Of Louisiana, they
selves. as well 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 shall be The Acme Realty and
Investment Company, with its doni-
ellie in the City of Shreveport, Louis
lana, and Under its corporate name
it shall have and enjoy succession
for period of fifty years unless
sooner dissolved as hereinafter pro
vided All legal process shall be-
served OH the president at lie office
of the company.
ARTICLE II.
The purpose for which this cor
pOratlOn is formed 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 LII.
The capital stock Of this cOrpOr
alton is fixed at Seventy-five hun
dred $1,000 dollars divided into sew
enty-five shares Of One Hundred
Dollars each, and ii shall commnect
business and be going concern
when Three Thousand Dollars of its
capital stock is subscribed and paid
for, in cash, labor or property, at q
valuation fixed by the board OF d.
rectors, and when issued shall BE-
wholly paid and n-assessable.
ARTICLE ~
The affairs of this corporation
shall be managed and conducted by
a board of directors consisting OF
three stockholders to be elected al
general stockholders meeting on
the first Monday in August of each
year. who shall hold office for four
years or until their successors arr
elected and qualified and any vac
ancy occurring in said board Of di-
rectors shall be filled by appoint
ment by the remaining board Of di
rectors Of a stakeholder for the TN,
expired term.
The following shall constitute the
first board OF directors Of this cor
poration, /. M. McDuffie, who shall
be president and manager and treas
urer: John B. Files, who shall be
vice president; and W. r. 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 di
rectors acted III person.
The said board shall have thu
right to make and adopt all needfu
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 no
. tice addressed to each stOckholde
through the United States mails, eA
; cepted when otherwise provided b
r the laws of Louisiana, provided tina
} the stockholders may waive, by III
animous consent, any meeting an
notice. If it should be dissolved o