The Caucasian., 1913-02-13


the laws of the State of Louisiana,
in terms and conditions as follows,
to-wit:
ARTICLE /.
The name of this corporation shall
be FuIlilove Realty Company. It's
| domicile shall be at Shreveport, III
the Parish of Caddo, State of Louis
lana. Citation and other legal pro-
cess shall be served on its president.
or, in his absence, on the vice pres
ident, or in his absence on such per-
isons as may be designated by law. 1t
shall enjoy succession under its cor
porate name for period OF ninety
nine years.
| ARTICLE II,
Under its corporate name it shall
have the power to contract, sue and
be sued; to make and use corpor-
ate seal; to hold, receive, purchase,
convey, mortgage, pledge and hy-
pothecate all kinds of property; to
name and appoint such managers,
directors and officers as its interest
and convenience may require; to
make and establish such bylaws
and rules for the proper regulation
of its affairs as may be deemed
requisite and necessary, and shall
have all such other and fur
ther powers as are now or may
hereafter be conferred by law on
corporations or associations OF the
same or similar kind.
ARTICLE III.
The purposes for which this COM
pany is formed are to buy, hold, own,
mortgage, sell and deliver property,
immovable and movable. To con-
tract for and build houses, and to
improve the property in such ways
as may be considered necessary or
advisable.
ARTICLE ".
The capital stock is fixed at
twenty-five thousand dollars divid-
ed into two hundred and fifty shares
of one hundred dollars each. No
stock shall be issued until fully paid
| for: no transfer of stock shall be
binding ON the corporation until
transferred on the books of the
company. Stock subscriptions may
be paid for in cash, service or prop
lerty, provided the service and prop
erty be placed at a value fixed by
| the board of directors. This cor
lporation shall commence doing bus
mess when six thousand dollars OF
stock has been subscribed and paid
for.
| ARTICLE V.
The corporate powers of this cor
lporation shall be vested in and its
|affairs shall be managed by board
Iof three directors to be elected by
ballot by the stockholders at a
Injecting to be held at the domicile
Iof the company on the second Tues
|day of November of each year, be-
tginning in 1913. Until such election
The following shall compose the first
board of directors: Jack p. FullilOve
lwho shall be president; J. A. Steph-
,enson, who shall be vice president
land S. C. Fullilove, who shall be
secretary treasurer. The officers
Ishall be elected viva voce at meet
i ing of the directors called for that
!. purpose. Vacancies on the board may
be filled for the unexpired term by
|, the remaining directors; boar(
members may by written proxy act
for each other at board meetings
The board Of directors may employ
a general manager and such othel
agents as the interests of the COM
pany may require and discharge
them at pleasure; each director
shall own at least one share of stool
in the corporation. Three directors
shall constitute quorum OF tn
board for the transaction of busi
ness, who shall attend in person o
by written proxy. The board of di
1rectors may be increased or de
" Icreased at the will of the stockhold
, Iers as evidenced by vote of three
:. fourths of the stock at meetln
: called for that purpose.
o ARTICLE vi.
v The corporation may be dissolve
4 lat any time by a three-fourths vot
, lof the stockholders, and when it
dissolved three commissioners sha
: be elected for that purpose at
general meeting Of the stockholder
lSuch commissioners shall liquidat
1.-THE affairs, sell the property, pay il
v debts and distribute the surplu
among the stockholders.
l. ARTICLE VII.
re At all meetings of stockhOldel
It each share of stock represented t
.e the owner in person or by prOS