The Caucasian. (Shreveport, La.) 1900-192?, 1913-07-06
CHARTER
OF The Hester Realty Company.

OF The Hester Realty Company.
State Of Louisiana. Parish Of Cad
! do: BE it remembered That on Ibis
| day before me, John D. Wilkinson,
a notary public in and for said Par
ISL and State. duly commissioned
| aud sworn, personally came aud ap-
peared j. G.. Hester n. B. sloer and
| Miss May Jacobs. all residents Of
said Parish and state, who stated
and declared to me notary that
| aValling 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 a corpor-
alton and body corporate, and have
adopted and ordained as their char
ter and act Of incorporation the fol-
lowing, to-Wit:;
ARTICLE I.
The name and title of this cor
poration shall be "The Hester Realty
Company and under said corporate
name it shall have and enjoy SUE
cession for a period Of fifty 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 inter
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 ten thousand dol
lars divided into one hundred shares
of the par value Of one hundred dol
lars each, and it shall commence
business and become a going con-
Germ 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 or
labor to the satisfaction Of the
board Of directors, and all stock
when issued shall be fully paid and
-assessable.
ARTICLE ".
The affairs Of this corporation
shall be controlled land managed by|
board Of directors consisting Of
three stockholders, to be elected att
a general stockholders meeting toI
be held on the first Monday in July
of each year, and who shall hold|
their offices for one year or until
their successors are duly elected
and Installed. Until the election TO
be held on the first Monday in JuIy|
1914 the following shall constitute
the board Of directors of said cor
pofatIon. J. G.. Hester, who shall bel
president; n. B.. stoer, who shall be
vice president, and Miss May Jacobs,
who shall be secretary-treasurer |
Said board shall have authority toll
Ill any vacancy occurring tiefeinI
by the election Of a stockholder for
the Itiiexpired term and shall have
power to employ and discharge al |
pleasure any and all clerks, agents,
managers, labOrers or other en-
ployes needed in the operation of
the company and may make such |