The Caucasian. (Shreveport, La.) 1900-192?, 1912-08-27
CHARTER

CHARTER
OF Toe Acme Realty and Investment
Company
State of louisiana, PARISH Of Cad
do: Be it remembered thai on this
day, before me, the undersigned no
tary, in and for above parish and
State, duly commissioned and quail
flied, personally appeare0 /. M. Nc
Duffie, John B. Files and W. L..
TOoley, all residents Of CaddO Far
ish, Louisiana, who stated and de-
clared to me, notary, that avalllng
Themselves Of the constitution and
laws of the State of Louisiana, they
have formed and constituted them
selves, as we'll 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 as
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 dDll-
cile in the City of Shreveport, Louis
lana, and under it's corporate name
| it shall have and enjoy succession
for a period of fifty years unless
sooner dissolved as hereinafter pro-
vided. All legal process shall be
served on the president at the office
of the company.
| ARTICLE II.
The purpose for which this cor
| poration is formed 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 a general real estate business.
ARTICLE III.
The capital stock of this corpor-
alton is fixed at SeventyfiVe hun
dred $4,000 dollars divided into sew
enty-five shares of One Hundred
dollars each, and it shall cOmmnece
business and be a going concern
when Three Thousand Dollars OF Its
capital stock is subscribed and pald
for, in cash, labor or property, at
valuation fixed by the board OF oil
rectors. and when issued shall bt
Yholly paid and worcestershire.
! ARTICLE ~.
The affairs of this corporation
shall be managed and conducted b!
a board of directors consisting O.
three. stockholders to be elected a
general stockholders meeting OF
the first Monday in August OF eacl
year, who shall hold office for lou
wears or until their successors ar
elected and qualified and any vac
ancv occurring in said board OF oil
rectors shall be filled by appoint
ment by the remaining board OF Gil
j rectors of a stakeholder for the un
expired term.
The following shall constitute tn
e first board of directors OF this col
d poration, L. M. McDuffie, who sha
y be president and manager and treas
urer: Sohn B. Files, who shall o
vice president; and w. I. Teole,
e who shall be secretary. The boar
d of directors shall operate throug
d their president and who shall ha>
! full and complete power to repre-
l. ent this corporation in all matter
II as fully as though the board OF d
d rectors acted in person.
e, The said board shall have tt
S. right to make and adopt all needf'
Is rules and regulations or bylaws ar
al the same to alter or change
Is pleasure, and to employ or dlscharE
r. all managers, superintendent
" clerks, or other employees throue
lie the president.
ARTICLE V.
This charter may be amended, a
Id tered or abrogated by the vote
n three-fourths. of the capital sto
IN thereof at meeting held for tn
id purpose after ten days written n
ne tice addressed to each stockhold
ny through the United States mails, {
We cepted when otherwise provided
er the laws of Louisiana, provided tn
to the stockholders may waive, by U
of animous consent, any meeting a
notice. If it should be dissolved