The Caucasian. (Shreveport, La.) 1900-192?, 1913-06-03
CHARTER
Of The Giesen Realty Company.

tafy puDllc, personally came ami
appeared, and assembled them
selves, the several parties whose
names are subscribed to this in
strument, who declared that, avail
ing themselves of the laws of the
State of Louisiana, in regard to the
formation of corporations, they do
hereby organize and form them
selves into q corporation and body
polite in law, for the purposes and
objects, and under the stipulations,
articles and conditions as herein
after set out.
ARTICLE I.
The name and title of this cor
pOration shall be The Giesen Realty
Company, and its domicile is here
by established in the City of
Shreveport, Louisiana, and under
its said corporate seal and name it
shall have the power to sue and
be sued, to make and use corpor-
ate seal; to make all necessary con-
tracts in the scope of its objects
and purposes; to buy, hold, mort
gage, hypothecate, lease and sell
property, real, personal and mixed;
to borrow money; to name and ap-
point such directors, officers, man
ayers and agents as the convenience
Of the corporation may require; TO
make and alter such rules, regula-
tons and bylaws as may become
necessary for the management of
said corporation. This corporation,
unless sooner dissolved, shall con-
tinue in existence for the period of
twenty-five years.
ARTICLE II.
The objects and purposes for
which this corporation is formed
and the business to be carried on
by it, are hereby declared to be: to
buy, sell and hold real estate, i'm
proved and unimprOved; to act as
agent for the sale of all kind Of
real estate, and in general to do all
things necessary and proper in the
carrying on of said business.
ARTICLE III.
The capital stock of this corpor-
alton is hereby fixed at Twenty
five Thousand Dollars, divided into
two hundred fifty shares of the
par value of one hundred dollars
each. Said company shall COM
mence business when three thous-
and dollars of said capital stock has
been subscribed, and said capital
stock may be paid for in cash,
property or services rendered, in
the discretion of the Board of Dl-
rectors.
ARTICLE ~.
The corporate power Of this cor
poration shall be vested in Board
of Directors composed OF three
stockholders, three of whom shall
constitute a quorum, who shall be
elected on the first Monday in June
of each year beginning with the
year 1913, and annually thereafter;
the first Board of Directors shall
be C. A. Giesen, E. C. Giesen and
M. H. Simmons, wife of 0. F. Sim
mons, who shall serve until their
successors are chosen and quail
fled. The officers of the company
shall be a president, vice-presidenl
and secretary and treasurer, with
C. A. Giesen as president; M. ID.
Simmons as vice-president and +.
&c. Giesen as secretary-treasurer,
as the first of said officers. Said
officers are elected and qualified
according to law. The majority OF
the stockholders shall elect the dl-
rectors, and in all elections or
meetings of the stockholders, each
share of stock shall be entitled to
one vote and said share OF stock
shall or may be voted by its owner,
or by written power of attorney in
the form of a proxy. Notice of all
stockholders meetings shall be
mailed by the secretary to each
stockholder at his postofice address
as shown by the books of the cor
poration, at least ten days prior to
the date of said meeting.
ARTICLE v.
Failure 10 hold an election tof
directors on the day herein named
shall not dissolve this corporation
and the incumbent directors shall
hold their offices until their sue
cessors are duly elected and quail
| fled. Any vacancy in the Board OF
Directors shall be filled by the re-
manning members of the Board OF
Directors. The>Board of Directors
shall have the power to borrow
money, contract debts, buy and sell
property, and do all and any other
things necessary to carry out the
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