The Caucasian. (Shreveport, La.) 1900-192?, 1913-01-16
CHARTER
OF the Fullilove Realty Company.

State of Louisiana, Parish Of Cad
do: Before me, Crea Pugh, notary
public in and for the Parish and
State above written, duly commits
stoned. qualified and acting as such,
personally came and appeared the
several persons whose names are
subscribed hereto, and who declared
that they do by these presents con-
stitute and form themselves into a
body polite or corporation, as we'll
as such other persons as may be-
come associated with them, under
the laws of the State of Louisiana,
in terms and conditions as follows,
tO-Wit:
ARTICLE I.
The name of this corporation shall
be FuIlilove Realty Company. Its
domicile shall be at Shreveport, in
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
dent, or in his absence on such per-
sons as may be designated by law. 1t
shall enjoy succession under Its cor
porate name for a period OF ninety
nine years. 90
ARTICLE III,
Under its corporate name it shall
have the power to contract, sue and
be sued; to make and use cOrp0r-
ate seal; to hold, receive, purchase,
convey, mortgage, pledge and by
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
sof its affairs as may be deemed
requisite and necessary, and shall
have all such other and fur
Their 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,
| immovabe 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-
I'd 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
erty, provided the service and prop
crty be placed at value fixed by
| The board of directors. This cor
Iporation shall commence doing bus
mess when six thousand dollars OF
Istock has been subscribed and paid
flor.
ARTICLE V.
The corporate powers of this cor
pOration shall be vested in and It's
laffairs shall be managed by board
Iof three directors to be elected by
ballot by the stockholders at
Injecting to be held at the domicile
|of the company on the second Tues
day of November of each year, be-
ginning>in 1913. Until such election
the following shall compose the first
board of directors: Jack P. Fullilove
lwho shall be president; J. Az Steph-
lenson, who shaft be vice president
land S. C. Fullilove, who shall be
secretary treasurer. The officer,
shall be elected viva vose at meet
ling of the directors calied for thai
purpose. Vacancies on the board may
be filled for the ursexpired term by
the remaining directors; boar'
members may by Wsitten proxy &C
for each other at board meetings
The board of directors mar emplo!
general manager and such othel
agents as the interests OF the com
; pany may require and discharg'
them al pleasuren each dlrecto
!, shall own at least offe share of stool
in the corporation. Three director
shall constitute quorum OF tn
board for the transaction OF bust
:. ness. who shall attend in person o
by written proxy. The board OF dl
u rectoes may be increased or de
lcreased at the will of the stockhold
l ers as evidenced by a vote of three
Il fourths of the stock at a meetin
. called for that purpose.
ARTICLE vi.
The corporation may be dissolve
Il at any TING by three-fOurths vol