The Caucasian. (Shreveport, La.) 1900-192?, 1912-06-13
CHARTER
VI The Woodrow Realty Comna,v

40. nS "a louisiana, Parish of Cad
~ DC II remembered that on this
Jay pelore me, J. H. Stenhenc r. .
notary public in and for the said
rdrISfl and State, duly commissioned
anu sworn, personally came and an
peared W. T. pegues and w r Do
sues Jr., residents of DeSoto Parish
louisiana, and G. w. Jack, a resi-
'rht OF Caddo Parish, Louisiana
VINO stated and declared to mo M
'"fE' mat aVailing themselves of the
constitution and laws of the State
Vi Louisiana, they have formed and
constituted themselves, as we'll as
Sucil other persons as may hereaf-
'er become associated with them.
ana do by these presents form and
constitute themselves into a corpor-
ation and body corporate and have
adopted and ordained as their char
Ter and act of incorporation the fol-
| lowing, tO-wit:
ARTICLE I.
Inc name and title of this cor
poratlon shall be "WOOdrOW Realty
company" with its domicile at the
Llty OF Shreveport, in the Parish of
uaddo, State OF Louisiana, and I'M
der Its corporate name it shall have
and enjoy succession for a 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
lice OF the corporation.
ARTICLE II.
The purpose for which this cor
poratlon 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 general real estate business.
ARTICLE III.
The capital stock of this corpor-
alton is fixed at the sum of
S25, 100000, divided into $50 shares of
the par value of one hundred dol
lars 100000 each, and it shall COM
mence business and become a going
concern when 100000 of its capital
stock is subscribed and paid for in
cash, labor or property, at a valua-
ton to be fixed by the board of di-
rectors, and when issued shall be
fully paid 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
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 stakeholder for the unexpired
term. Until the election on the first
Monday in January 1913, the follow
ing shall constitute the board of dl-
reetors of this corporation: G. w.
Jack, who shall be president; W. L.
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 that
purpose after ten days notice adj
dressed to each stakeholder through
the United States mails, except
when otherwise specially provided
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. If this corporation
should be dissolved or the charter
expire. it shall be liquidated by
three commissioners appointed by
the stockholders for that purpose.
ARTICLE VI.
This corporation shall have power
to contract, sue and be sued in its
corporate name, TO make and use
corporate seal; to hold, receive, pur-
chase and convey, to mortgage, ny
nothecate and lease under its cor