The Caucasian. (Shreveport, La.) 1900-192?, 1913-03-09
CHARTER
vi the Charles Reed Realty and As
surance Company.

State of Louisiana, Parish of Cad
DO: Be it known that on this 9Th day
lof March 1913, before me, Otis w.
Bullock, a notary public in and for
Caddo Parish, La, duly commits
stoned, qualified and acting, person.
Ially came and appeared the parties
whose names. are hereunto sub
scrlbed, residents of Caddo Parish,
La, who declared to me, notary, in
the presence of the undersigned
legal and competent witnesses. that.
avalling themselves of the provis-
ions Of the laws of the State Of
Louisiana, governing the formation
lof corporations, they have formed
and constituted themselves, as well
as such other persons as may here
after become associated with them,
into a corporation and body polite
In law, and have adopted and or
dalned as their charter and act of
incorporation the following, to-wit:
ARTICLE l.
The name and style of this cor
poratiOn shall be the Charles Reed
Realty and Assurance Company,
under which name it shall have and
enjoy corporate existence for the
term Of ninety-nine years from date
OF this charter, with power and au-
thorlty to contract, sue and be sued;
TO make and use a corporate seal,
and the same to change at pleasure;
TO receive, have, purchase, sell,
transfer, convey, pledge, mortgage
and hypothecate property, real, per-
sonal and mixed; to name and APP
point such directors, officers, agents.
managers and employees as the in
terest and convenience of the cor
poration may require; to name and
establish such bylaws, rules and
regulations for the management of
its affairs as may be deemed neces-
sary and proper; and generally to
do all acts and things necessary 20
carry out the objects and purposes
of this corporation.
ARTICLE III.
: The domicile of this corporation
shall be in the City of Shreveport,
Caddo Parish, La, and citation and
all other legal process shall be
served upon the president, or, in his
absence, upon the vice president, or,
in the absence of both president and
vice president, upon the secretary
treasurer, at the Office of the COM.
pany, according to law.
ARTICLE III.
The object and purpose for which
this corporation is organized and
the nature of the business to be
carried on by it are hereby declared
to be to conduct a general real es-
tate and brokerage business; to So
licit insurance of all kinds as agent
for other companies.
ARTICLE Nv.
The capital stock of this corpora
ton is hereby fixed at the sum of
fifty thousand dollars, to be divided
into and represented by five hum
dred shares of the par value of one !
hundred dollars each, the corpora |
ton to commence business when
ever three thousand dollars shall |
have been subscribed and paid in.
Stock may be paid for in cash, or in
rights and credits, in such
as the board Of directors
may determine, provided no stock
shall be issued until it is paid for.
ARTICLE v.
The powers of this corporation
are hereby vested in board of di-
eectors to be composed of three
who shall be elected
on the first Monday in
January, beginning with the year
1914, and the directors so elected
shall hold Office until their success
sors are elected and qualified. The
first board of directors shall be
charles Reed, J. A. Stephenson and
I B. knighton. The officers of this
shall be a president,
Sice president and secretary
reasurer, who shall be elected an
lually by the board of directors
rom among their number, and
whose power and authority shall be
liked and established by bylaws to
'e adopted by the board of direc-
ors. The first officers are hereby |
declared to be Charles Reed, presi-
lent; J. B. Knighton, vice president;
nd J. A. Stephenson, secretary
reasurer, and said officers shall
erve until their successors are
lected and qualified. The board of /.
directors shall have full power to
III all vacancies among the officers
r IN tho hoard itself At ALI meet