The Caucasian. (Shreveport, La.) 1900-192?, 1913-06-29
CHARTER
OF The Hester Realty Company.

OF The Hester Realty Company.
State of Louisiana, Parish of Cad
DO: Be it remembered that on this
day before me, John d. Wilkinson,
notary public in and for said Par
lsh and State, duly commissioned
and sworn, personally came and APP
peared j. 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 and 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 it shall have and enjoy sGc-
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. 80
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
as well 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 inte"-
est, and generally to do and perform
every act necessary in conducting
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
worcestershire.
ARTICLE ".
The affairs OF this corporation
shall be controlled and managed by
a board Of directors consisting eff
three stockholders. to be elected at
a general stockholders meeting to-
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 iOI
be held on the first Monday in july
1914 the following shall constitute
the board of directors of said cor
poration: J. g. Hester, who shall be
N. B. Stoer, who shall be
vice president, and Miss May Jacobs,
who shall be secretary-treasurer.
Said board shall have authority toI
fill any vacancy occurring therein
by the election of a stakeholder for
the unexpired term and shall have
power to employ and discharge att
pleasure any and all clerks, agents,
faborers or other en-
ployes needed in the operation of
The company and may make such
rules and regulations fer the gov
eminent of the corporation as in
their judgment seems best.
ARTICLE V.
This charter may be amended, al
cred or abolished, or this corpora
ion may be dissolved at the vote
If two-thirds of its stockholders
present at meeting called for thai
purpose after ten days written no.
ice mailed to each stakeholder at