The Caucasian. (Shreveport, La.) 1900-192?, 1912-07-28
CHARTER
OF the Urban Realty Company.

day before me, J. H. Stephens Jr,
notary public in and for said Parish
and State, duly commissioned and
sworn, personally came and ap-
peared Thomas A. Jordan, L. T. Cum
bingham, George Whitfield Jack,
Mrs. Rebecca Jones and S. G. Sam
pie, all residents of Caddo Parish,
La. who stated and declared to me,
notary public, that availing them
selves of the Constitution and laws
of the State of Louisiana, they have
formed and constituted themselves,
as well as such other persons as
may hereafter become associated
eth 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
Zion the following, to-wit:
ARTICLE I.
The name and title of ohis cOrpOS-
alton shall be Urban Reelty Com
pany, with its domicile in the City
Of Shreveport, Parish of Caddo, and
State of Louisiana, and under -
corporate name it shall have and en-
joy succession for a period of fifty
years, unless sooner Dissolved as
hereinafter provided. All legal pro-
cess sleall be served on the president
of the company at che office of the
corporation.
ARTICLE H.
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
inc of a general real estate business. |
ARTICLE III.
The capital stock of this corpora
ton is fixed at the sum Of twenty |
thousand lS20.OOOO0l dollars, divid- |
ed into two hundred shares of the |
par value of one hundred $4,000 |
dollars each, and it shall commence
business and become a going con
Germ when three thousand $4,000 |
dollars Of its capital stock is sub
scribed and paid f0' in cash, labor
or property, at a valuation to be |
fixed by the board Of directors, and !
when issued shall be fully paid and /
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 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 the first
in January 1913, the follow
ing shall constitute the board of d.
,ectors of this corporation: Thomas /,
4. Jordan, who shall be president;
]. W.Jack, vice president; and S.
j. Sample, secretary-treasurer. The ,
board of directors shall have the j
light to make and adopt all needful I
Jules, regulations or bylaws, and G
he same to alter or change at It
pleasure and to employ or discharge i
ii managers, superintendent, a
Jerks or other employees, as may be b
leedful in the management of the t
fairs of said corporation. c
ARTICLE v. {
This charter may be amended, al Il
cred or abrogated at the vote of )
of the capital stock a
hereof at meeting held for that g
urpose otter ten days motive ad- d
ressed to each stakeholder through d
ne United States mail, except when L
theEwise provided by the laws of
ne State OF Louisiana, provided that q
ne stockholders may, by unanimous Il
onsent, waive notice of ANY meet Il
lg. If it should be dissolved or the II
harter expire, it shall be liquidat-
by three commissioners appoint
by the stockholders for that pur- "
ose. At all stockholders meetings. a.
lch share of stock shall be entitled y,
} one vote to be cast by its owner u
| person or by proxy. q q
ARTICLE vi. n
This corporation shall have power Dc
contract, sue and be sued in its h,
'rporate name; to make and use
,rporate seal; to hold, receive,I
lrchase and convey, to mortgage, at
7potheeate and lease under its cor Fl
rate name both real and personal in
'operty: and to execute, issue and dr.
liver mortgage notes, mortgage ca
dc ~ han oh 4 ] l..