The Caucasian., 1913-11-16
CHARTER
OS che 8eaOit Construction Com
pany.

fore noe, o notaIg 0ubllc, Wlthln and
foe the state and 0ariele aforesaid,
duls sammissioiob on6 eworno came
an6 appeared dlote eey~ra portles
nhoee namee ore leelvunteD cub
srriiR1 @h0 declared tIsat dhey
have formed and 90 by these 1res-
ents form, organize anG constitute
themselves into q corporation under
the name Gn1 style, for the objects
and purposes and under the condl-
tione and regulations 6ollo@iNso 60
Wits
9aVaGaE 0.
The nanse ant title oS SAID cor
peration shall be the BeHOit Cone
struction COmpany, and it's domicile
is hereby fixed and established at
Shreveport, Caddo Parish, La, and
under it's said corporate name salI
corporation shall have power and
authority 90 contract, sue and be
sued; to- make and use q corporate
seal and the same eo break or alter
at pleasure; 90 hold, receive, have,
purchase, improve, ALLEVIATE, convey,
borrow, PLEDGE mortgage and hy@
lpothecate undes cts said corporate
name, property, zeal, personal and
mixed, and to do all the things
and acts permitted by Jaw and
neeessars ana proper to car,
~ On the objects and purposes OF
said corporation. The president, or,
in HE absence the sice president,
'shalS DE the oro0ee 0erson upon
whons legsl yrocess shall be served.
This corporation, unless sooner Dis
solsed in accordance Witb its chare'
ter. shall exist and endure for pc
rio6 of ninety-nine yesrs from ana
aftas shs date hereof.
ARTICLE tf.
8hs objects and purposes for
which this corporation 10 organ
lied and the nature of the business
to be carried on by it are hereby de-
clared 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
ture or character whatever, and
generally to do such acts and things
as are necessary and incident to
such business.
ARTICLE III.
The capital stock of this corpora
ton shall be Fifteen thousand doll
lars (Si5,00000), divided into and
represented by one hundred and
fifty shares of the sum of one hun
dred dollars 100000 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-
vanced or other valuable considera-
ton as the board of directors may
determine. This corporation shall
commence business as soon as five
thousand dollars ($5,00O.O0) of the
capital stock shall have been sub
scribed.4
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.
Benoit shall be president, and J. w.
Benoit vice president, secretary and
treasurer, and who shall hold their
offices until the next regular meet
ing of the stockholders for the Sc
lection of the board of directors,
which shall be held not later than
the first day of December 1914,
and annually thereafter stockholders
meetings shall be held, and of which
meetings written notice shall bel
given and directed to the last known
place of residence of each OF the
stockholders.
ARTICLE "
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
shall have full control OF the prop
erty of the company and shall so !
conduct, manage and use the same
as they may deem best and as is
consistent with the objects and pur-I
poses of this company; they are au-
thorized and empowered to frame
and adopt such bylaws and regula-
tions as the affairs and business Of
the company may require, and en-
ploy all officers, agents, employees,
servants and clerks as they may
deem necessary, and fix the salaries
Of such employees as we'll as the sal
orioc IF fho officers i,royidad for hy