The Caucasian. (Shreveport, La.) 1900-192?, 1912-06-09
CHARTER
o. tho 0cUdrOW Realty GsmSasS

Uf tho Woodrow Aalts ASmSaAy.
State of Louisiana, Parish Of Cad
do: BE it remembered, that on this
day before me, J. H. STEPHENS .)r.
notary public in and for the sal0
Parish and State, duly commissioned
and sworn. personally came and ap-
peared w. =. Pegues and n. =. Pc
CUES Jr.. residents of DeSOtO Parish,
Louisiana. and G. W. Jack. . resi-
dent of CaddO Parish, IUu'>idia.
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 a.
such other persons as may hereat-
ter become associated with them,
and do by these presents form and
constitute themselves into a corpOr-
alton and body corporate and have
adopted and ordained as their char
ter and act of incorporation the fol
lowing, lO-Wlt.
| ARTICLE I.
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 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.
lhe purpose for which this cor
pOratiOn is organized and the nature
of it's business is declared to be the
buying 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-
alton is fixed at the sum of
$25, 100000 divided into $50 shares of
the par value of one hundred dol
lars $4,000 each, and it shall com
mence business and become a going
concern when 100000 Of its capital
stock is subscribed ana paid for III
cash, labor or property, at VaFla-
! ton to be fixed by the board of di-
rectors, and when issued shall be
fully paid and worcestershire.
ARTICLE ".
The affairs of this corporation
! snail be MANAGED ami conducted by
a board of directors consisting or
. three stockholders to be elected at \
general stockholders meeting on The
first Monday in January Of each
year, who shall hold their offices
. for one year. Or until their success
Ors 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 stakeholder for the unexpired
term. Until the election on the first
Monday in January 1913, the follow
ing shall constitute the board of di-
rectors of this corporation: G. w.
Jack, who shall be president; w. I.
Pegues, who shall be vice president
and w. T. Pegues Jr., who shall be
secretary and treasurer. 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 pleasure, and
to employ or discharge all man
ayers, superintendent, clerks, or
other employees as may be needful
in the management of the affairs Of
said corporation.
ARTICLE V.
This charter may be amended, al
tered or abrogated at the vote OF
three-fOurths of the capital stock
thereof at meeting held for thai
purpose after ten days notice ad-
dressed to each stakeholder through
the United States mails, except
when otherwise specially protid>d
by the laws of the State of Louis
lana, provided that the stockholders
may by unanimous consent waive
notice of any meeting. At all stock
holders meetings each share OF
stock shall be entitled to one vote
to be cast by its owners in person
or by proxy.
| ARTICLE VI.
This corporation shall have pOW2l
! to contract, sue and be sued in its
corporate name, to make and use a
corporate seal: to hold, receive, pur-
chase and convey. to mortgage. h%-
DOthecate and lease under its cor