The Caucasian., 1913-11-09
CHARTER
of the Benoit Construction aom-
panI.


do: Be it known that on this day be
fore me, a notary public, within aud
fer the State and parish aforesaid,
duiy commissioned and sworn, camei
and appeared the several paftles
whose names are hereunto sub
scribed. who declared that theyl
have formed and do by these pres
ents form, organize and constitute
themselves into a corporation under
the name and style, for the objects
and purposes and under the condi-
tiaTs and regulations following, to-
V5it:
%. ARll,e'h "
tJhe name and title of said cor
poration shall be the leenoit Con-
struction Company, and its domicile
il hereby fixed and established att
Shreveport, Caddo Parish, La, ana
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 n.y.
rothecate 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 wlth@l It's char
ter. shall exist and endure for pc
riod of ninety-nine years from ana
after the date hereof.
ARTICLE II.
The objects and purposes for
which this corporation IS organ
lied and the nature of the business
10 be carried on by il are hereby de-
ciared 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
tnre or character whatever, and
generally to do such acts and things
as are necessary and incident TO
such business.
ARTICLE Ill.
The capital stock of this corpora
ton shall be fifteen thousand dol
lars ($i5,OOO.OO), divided into and
represented by one hundred and
fifty shares Of the sum Of one hun
dred dollars $4,000 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 rights
actually received or purchased by
the corporation, or the same may
be issued full paid for money ad-
yanced or other valuable considera-
ton as the board of directors may
determine. This corporation shall
commence business as soon as five
thousand dollars ($5,O00.00l Of the
capital stock shall have been sub
scribed.
ARTICLE ".
The corporate powers OF this
company shall be vested in and ex-
ercised by board Of three direc-
tors, who shall for the present be
!. A. Benoit, j. w. Benoit and Mrs.
Willie Benoit, of which board A.
Beuoit shall be president, and ]. W.
,Ben0it vice president, secretary and
treasurer, and who shall hold their
-ofices until the next regular meet
ios Of the stockholders for the Sc
Jection of the board Of directors,
which shall be held not later than
the first day Of December 1914,
ard annually thereafter stockholders
meetings shall be held, and of which
meetings written notice shall be
given and directed to the last known
place of residence of each OF the
stockholders.
ARTICLE Y.
The board OF directors shall have
full power to fill vacancies in their
number caused by death, resigna-
ton or otherwise. and from the
stOckholders Of the company; they
snail have full control of The prop
erty Of the company and shall so
conduct, manage and use the same
- they may deem best and IS y
consistent with the objects and puf-
poses OF this company; they are au-
iAsrixed and empowered to frame
aaA adopt such by-laws and reguta-
tious % the dfairs and business OF
the company may require, and en-
pisy all officers, agents, employees.
servants and clerks as they may
a.-. -r.ocoar., ouJ 6y tho eNlArfnS