The Caucasian., 1913-11-27
CHARTER
OF She BenoN Constructors Com
DanNs

= do: Be it known that on this day be-
tfore me, a notary public, within anC
for the Statea and parish aforesaid
! duly commissioned and sworn, cam,
and appeared the several parties
whose names are hereunto sub
scribed, who declared that they
have formed and do by these pres
: ents form, organize and constitute
themselves into corporation under
the name and style, for the objects
and purposes and under the cendi-
7 tions and regulations following, 10
wit:
ARTICLE 0.
4 Che name and title os saia cor
poration shall be the BenOit Con
structioa Company, and its domiciIe
is hereby fixed and established at
Shreveport, Caddo Parish, La, and
under its said corporate name said
lcorporation shall have power and
Iauthority To contract, sue and be
Issued; to make and use O corporate
(seal and the same to break or alter
lat pleasure; TO- hold, receige, have,
lpurchase, improse, slienste, convey,
lborrow, pledge, mortgage and hy-
fpothecate under its SAID corporate
name, propertyo real. personal and
mixed, ant to do oil the things
ana scts eermittea ~ lau and
necessary and Droper 90 car
ry on the objects and purposee OF
said corporation. Che president, Or
in his absenae the gice president,
shall be the proper person Npon
whom legal process shall be served.
This corporation, unless sooner dis
solved in accordance with its char
ter, shall exist and endure for a pc
riod of ninety-nine years from and
after the date hereof.
| ARTICLE ii.
The objects and purposes for
which this corporation is organ
! lied and the nature Of the business
to be carried on by it are hereby de-
clared to be to buy real estate, con-
struct houses thereon, and to en-
gage in the business of constructing
and erecting buildings of every IA
| ture or character whatever, and
generally to do such acts and things
as are necessary and incident to
such business,
ARTICLE Ill.
| The capital stock of this corpora
ton shall be fifteen thousand dol
lars (si5,O00O0, divided into and
represented by one hundred and
fifty shares Of the sum of one hun
dred dollars (si0O.00) each, which
said stock shall be paid for at the
time of subscription, or the same
/ may be issued at not less than par
in exchange for property or rights
| actually received or purchased by
the corporation, or the same may
be issued full paid for money ad-
vanced or other valuable considera-
ton as the board of directors may
determine. This corporation shall
| commence business as soon as five
thousand dollars (s5,000.0O of the
capital stock shall have been sub
| scribed.
| ARTICLE ".
The corporate powers Of this
company shall be vested in and ex-
ercised by a board of three direc-
tors, who shall for the present be
A. Benoit, J. w. Benoit and Mrs.
Willie Benoit, of which board A.
Benoit shall be president, and J. W..
Benoit vice president, secretary and
treasurer, and who shall hold their
offices until the next regular meet
ing of the stockholders for the Sc
lection of the board of directors,
which shall be held not later than
the first day of December 1914,
and annually thereafter stockholders
meetings shall be held, and of which
meetings written notice shall be
given and directed to the last known
place of residence of each of the
/ stockholders.
/ ARTICLE V.
/ The board of directors shall have
i full power to fill vacancies in their
number caused by death, reslgna-
ton or otherwise, and from the
stockholders of the company; they
/ shall have full control Of the prop
| erty of the company and shall SO
/ leonduct, manage and use the same
i as they may deem best and as is
/ consistent with the objects and pur-
i poses of this company; they are au-
thorized and empowered to frame
i and adopt such bylaws and regula-
| tions as the affairs and business oil
the company may require, and en-
| ploy all officers, agents, employees
servants and clerks as they may
| deem necessary, and fix the salaries
j of such employees as well as the sal
r.