The Caucasian., 1913-10-26
CHARTER
OF the BenOit Construction Com.
pany.

[ w. DC II hhoNlI lllol Olt lhlo ~
fore me, notary public, within and
foe the State and parish aforesaid,
duly commissioned and sworn, came
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 condi-
tions and regulations following, to-
wit:
O ARTICLE |.
The name and title of said cor
poration shall be the BenOit Con-
struction Company, and its domicile
is hereby fixed and established at
Shreveport, Caddo Parish, La, and
under its said corporate name said
corporation shall have power and
authority to contract, sue and be
| sued; to make and use corporate
seal and the same to break or alter
at pleasure; to hold, receive, have,
purchase, improve, ALLEVIATE, convey,
| borrow, pledge, mortgage and hy-
pothecate under its said corporate
name, property, real, personal and
mixed, and to do all the things
and acts permitted by law and
necessary and proper to car
ry on the objects and purposes OF
said corporation. The president, or
in his absence the vice president,
shall be the proper person upon
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-nlne years from and
after the date hereof.
ARTICLE III.
The objects and purposes for
which this corporation IS organ
ized 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 ma
ture or character whatever, and
generally to do sucn acts and things
as are necessary and incident to
such business.
ARTICLE LII.
0The capital stock of this corpora
ton shall be fifteen thousand dol
lars (si5,00Ho0), divided into and
represented by one hundred and
fifty shares of the sum of one hun
dred dollars (S100.00) 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 rignts0
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 ($5,00O0Ol 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
shall be held, and of which
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
full power to fill vacancies in their
caused by death, resigna-
ton or otherwise, and from the
of the company: they
shall have full control of the prop
erty of the company and shall so
conduct, manage and use the same
as they may deem best and as is
consistent with the objects and pur-
poses of this company; they are au-
thoriZed and empowered to frame :
and adopt such bylaws and regula-
tiOns as the affairs and business of ,
the company may require, and en- :
plOy all officers, agents, employees,
servants and clerks as they may
1eem necessary, and fix the salaries
Of such employees as we'll as the sal
ariac of tba officers proxidad for hy