The Caucasian. (Shreveport, La.) 1900-192?, 1912-07-09
CHARTER
OF the Woodrow Realty Company

State of Louisiana, Parish of Cad
do: Be it remembered, that On thi
day before me, J. H. Stephens Jr., ;
notary public in and for the salt
Parish and State, duly commissioned
and sworn, personally came and ap
peared w. T. Pegues and w. I. Pc
CUES Jr., residents of DeSOtO Parish
Louisiana, and G. w. Jack, a resi-
dent of CaddO Parish, Louisiana
who stated and declared to me, no
'taly, that availing themselves of the
Constitution and laws of the State
of Louisiana, they have formed and
constituted themselves, as we'll as
such other persons as may hereaf-
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, to wit:
ARTICLE /.
The name and title of this cor
poration shall be "W00drOW Realty
Company" with its domicile at the
City of Shreveport, in the Parish Of
CaddO, State of Louisiana, and IN
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
flee Of the corporation.
ARTICLE II.
The purpose for which this cor
pGratiOn 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 a general real estate business.
ARTICLE iii.
The capital stock of this eorpor-
alton is fixed at the sum OF
$25.OO0OO, divided into $50 shares OF
The par value of one hundred dol
lars ($iOOOO) each, and it shall com
mence business and become a going
concern when S3,0OO00 of it's capital
stock is subscribed and paid for in
cash, labor Or property, at q valua-
ton to be fixed by the board Of di-
rrctors, and when issued shall be
fully paid and non assessabIe.
ARTICLE ".
The affairs of this corporation
hall be managed and conducted by
board Of directors consisting Of
.;lree stockholders 10 be elected at
General stockholders meeting on Che
first Monday in January of each
ear, who shall hold their offices
for one year, or until their success
Ors are elected and installed, and
ny vacancy occurring in said board
i directors shall be filled by an
lection by the board of directors
ran. Until the election on the first
Monday in January 1913, the follow
ng shall! constitute the board of di-
,etors of this corporation: G. W.
lack, who shall be president; w. T.
fegues, who shall be vice president;
nd ". T. Pegues Jr., who shall be
;ecretary and treasurer. The board
Of directors shall have the right TO
'aake and adopt all needful rules,
regulations or bylaws, and the same
% alter or change at pleasure, and
o employ or discharge all man.
egers, superintendent, clerks, or
other employees as may be need1ul
in the management of the affairs of
said corporation.
ARTICLE V.
This charter may be amended, al
tered or abrogated at the vote of
,hree-fourths of the capital stock
hereof at meeting held for that
purpose after ten days notice adj
'ressed to each stakeholder through
The United States mails, except
when otherwise specially provided
by the laws of the State of Louis
ana, provided that the stockholders
may by unanimous consent waive
notice of any meeting. At all stock
folders 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
,hould 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 a
corporate seal; to hold, receive, pur-
chase and convey, to mortgage, n.y.
pothecate and lease under its cor
porate name both real and personal