The Caucasian., 1913-06-10
CHARTER
'Of The Giesen Realty Company.

Stfument, VINO 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 a 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-
tions 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
lcarrying 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
Ipar value of one hundred dollars
each. Said company shall CON-
mence business when three thous-
land dollars of said capital stock has
been subscribed, and said capita
stock may be paid foH in cash
property or services rendered, il
the discretion of the Board OF Di-
: rect0rs. ~ 80
Il ARTICLE ~.
The corporate power Of this cor
i poration shall be vested in Boaft
of Directors composed OF thre'
stockholders, three of whom snai
constitute a quorum, who shall o.
elected on the first Monday in Jun.
of each year beginning with tn
[ wear 1913, and annually thereafter
the first Board Of Directors shal
lbe C. A. Giesen, E. C. Giesen AM
I'M. H. Simmons, wife of O. F. Sim
mons. who shall serve until thei
successors are chosen and quaii
!, fled. The officers of the compan'
shall be president, yice-preslden
and secretary and treasurer, VIII
lC. A. Giesen as president; M. /
.lSimmons as vice-president and !
I. lC Giesen as secretary-treasurel
} as the first of said officers. Sal
! officers are elected and qualifie
Iaccording to law. The majority 9
1.-The stockholders shall elect the dl
J. rectors. and in all elections {
: meetings of the stockholders, eac
: share of stock shall be entitled
one vote and said share OF stoc
!. shall or may be voted by its owne
. or by written power OF attorney
Il the form of proxy. Notice OF 2
= stockholders meetings shall |
mailed by the secretary to eat
istockholder at his postofice addres
: as shown by the books Of the col
Z poration, at least ten days prior !
the date of said meeting.
ARTICLE v.
III Failure to hold an election II
directors on the day herein name
shall not dissolve this corporate
land the incumbent directors sna
Ehold their offices until their su
cessors are duly elected and Qual
fled. Any vacancy in the Board
lDirectors shall be filled by the r
manning members Of the Board
directors. The Board OF Directo
shall have the power to borrt
money, contract debts, buy and 9
!, al property, and do all and any 9th
things necessary to carry out :
objects for which this corporati
lis organized.
ARTICLE vi.
No sale OF stock shall be Blndi
= = nT~ -