The Caucasian. (Shreveport, La.) 1900-192?, 1913-07-13
CHARTER
or The Hester Realty Company.

OF The Hester Realty Company.
State Of Louisiana, Parish Of Cad
90: Be it remembered that on this
day before me, John D. Wilkinson
9 notary public in and for said Par
lsh and State, duly commissioned
and sworn, personally came and ap-
peared ]. G. Hester, N. B. Stoer and
Miss May Jacobs. all residents of
said Parish and State, who stated
and declared to me notary that
availing themselves Of the Consti-
tuition and laws Of the State Of
Louisiana, they have formed and
constituted themselves and do BY
these presents form and constitute
themselves, as we'll as such other
persons as may. hereafter become
associated with them, into corpor-
alton and body corporate, and have
adopted ando ordained as their char
ter and act Of incorporation the fol
lowing, to-Wit:
ARTICLE /.
The name and title. Of this cor
poration shall be THE Hester Realty
Company, and under said corporate
name. 1T shall have and enjoy sue
cession for q period of fifIyo years
unless sooner dissolved as hereinaf-
ter provided; all legal process shall
be served on the president, or in
his absence on the vice president at
the office Of the company in the City
of Shreveport, Louisiana, which is
hereby fixed as the domicile Of the
company.
ARTICLE II.
The: purposes for which this cor
poration IS formed and its objects
are hereby declared to be to buy
and sell real estate and personal
property, as we'll as stocks and
bonds or other property, the same to
own, hold and improve; to rent,
lease and collect for others rentals.
or other charges or Indebtedness;
to advance. or loan money on inten-
est, and generally to do and perform
every act necessary in conducting a
general real estate, rent collecting
and advancing business.
ARTICLE. III.
The capital stock of this company
is hereby fixed at en#thousand dol
lars divided into one hundred shares.
Of the par value OF one hundred dol
lars each, and it. shall commence
and Become a going con-
cern whenever three thousand dol
lars of its capital stock is subscribed
and paid for in full, and all. stock
shall be issued for cash, property ORD
labor to- the satisfaction offtheI
board of directors, and all stoeH|
when issued shall be fully paid and
non assessable.
ARTICLE ".
The affairs OF this corporation|
shall be controlled and managed byI
a board Of directors consisting Of
three tockholders, to be elected at |
a general stoekho lders meeting toll
be held OH the first Monday III July
Of each year, and who shall hold
their Offices for one year or until
heir successors are duly elected
and installed. Until the election to |
be held on the first Monday in Julyl
1914 the following shall constituted
Ihe board Of directors of said cor
poratIon: ] G. Hester, who shall be
aresident; II. B. stoer, who shall be
vice president. and Miss May Jacobs,
who shall be secretary-treasurer.
Said board shall have authority foE
III any vacancy occurring therein
~ the election Of a stakeholder for
he n1expired term and shall havet
poWer to employ and discharge at
pleasure any and all clerks, agents.
nanag gers, laborers or other en-
oloyes needed ii the operation OF
Ile company and may make such