The Caucasian. (Shreveport, La.) 1900-192?, 1912-08-11
CHARTER
OF the Urban Realty Company.

State ul I.Dr.~Iama. Parish Of Cad
do: Br i, Remembered that on tins
dav before me-. !. II. Stephens Jr..
notary plH.jr i'll and for sand Parish
and State. duly commissioned and
sworn. personally cam" and az
pr0rrd TuuIu~ \. JORDAN. l.. I. Cum
ninghaIn. t;rur=,' Whitfield Jack.
Mrs, Rrhrc,a Jones and :, q. sam
Dlr. all residents If Caddo Parish,
La, who stated and declared to me.
notary public, that awaiting them
selves Of the Constitution and laws
of the State Of Louisiana, they have
formed and constituted themselves,
as we'll as such other persons as
NAV hereafter become associated
with them, and by these presents.
form and constitute themselves into
a 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 Urban Realty Com
pany, with its domicile in the City
of Shreveport, Parish Of Caddo, and
State of Louisiana, and under ITS
corporate name it shall have and en-
10y succession for period OF fifty
wears. unless sooner dissolved as
hereinafter provided. All legal pro-
cess shall be served on the president
of the company at the office of the
corporation.
ARTICLE II.
The purpose for which this cor
poration 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 corpora
tion is fixed at the sum of twenty
thousand ($2O0QOO0) dollars, diVid-
ed into two hundred shares of the
par value Of one hundred ($t0O.0O) |
dollars each, and it shall commence
business and become a going con |
Germ when three thousand ($3,000) |
dollars of its capital stock Is sub
scribed and paid for in cash, labor
or property, at a valuation to be
fixed by the board of directors, and
when issued shall be fully paid and
worcestershire.
ARTICLE ".
The affairs of this corporation
shall be managed and conducted by
a board of directors consisting of
three stockholders, to be elected at
a general stockholders meetingon
on the first Monday in January Of
each year. who shall hold their of
flee for one year, or until their sue
cessors are elected and inetalled,
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 the first
Monday in January 1913, the follow
ing shall constitvAe the board of d.
rectors of this corporation: Thomas
A. Jordan, who shall be president;
G. W.Jack, vice president; and S.
6. Sample, seeretary-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 managers, superintendent, |;
clerks or other employees, as may be
needful, in the management of the Fl
affairs of said corporation. K
ARTICLE V.
This charter may be amended, al
tered or abrogated at the vote of J
three-fourths OF the capital stock
thereof at a meeting held for that
purpose otter ten days motive adj
dressed to each stakeholder through
the United States mail, except when
otherwise provided by the laws OIL
the State of Louisiana, provided that G
the stockholders may, by unanimous
consent, waive notice of any meet
ing. If it should be dissolved or the
charter expire, it shall be liquidat-
ed by three commissioners appoint
ed by the stockholders for that pur-
pose. At all stockholders meetings :
each share of stock shall be entitled
to one vote to be cast by its owner
in person or by proxy. =
ARTICLE vi. IL
This corporation shall have power, 4
to contract, sue and be sued in its h
name; to make and use
seal; to hold, receive,
purchase and convey, to mortgage, a
and lease under its cor +
porate name both real and personal il
L. t. n \