The Caucasian. (Shreveport, La.) 1900-192?, 1907-04-18
CHARTER
OF THE RED RIVER LAND AND
LIVESTOCK COMPANY. \
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q State % louisiana, Parish of Caddo
Be it remembered, Chat before me, gohr
On Wilkinson a Notary Public, duly
commissioned ana sworn fos and within
the Parish and State aforesaid per-
Ysonally came ana appeareG e. w. Ham-
tier. sesidefse 20 saia Parish and State
E. e. Parramore and .. Wo Paramore,
Presidents "a thc City OF ST. louis and
State % Nissorub who statea ana de
c9hre6 % me- Notarys thas availing
hthemselves q Che Constitutions ana laws
Iof louisiana, ehey ease fusmea ana CON
estltute0 shemselveS ana do ey these
fpresents form ana constitute ehemse3ves
as Sen as such ethes eessons as may
thereafter Become associated with chem,
Unto corporatioN and Cody corporate
funder Che aame and Qitie ana foe Che
tpurposes aereinafts expressed and
9have adopteA as sheir charter ane act
of Incorporation che following, Go-wit:
Q ARTICLE ..
Che Game and title of this corporation
shall be the bed RIVER LAND AND
livestock COMPANY" and It's
domicile shall be at the City of Shrevs
port, in the Parish of Caddo, louisiana,
and under its corporate came q shall
have and enjoy the rigta a succession
for a period of fifty years. unless sooner
dissolved as hereinafter providea
ARTICLE 70.
A The purposes for vhict CHS corpora
ftion is established and the sature of the
business TO be carrica OH by h are de-
clared 10 be, % purchase, own, cultivate,
sell and mortgage % lease land 10 the
State Il louisiana ana 10 the State Of
Arkansas; q buys hypothecate and sell
timber ana timber lands ana 10 connec-
ton Herewith TO own ana operate gins,
presses, sawmills, elaning mills Or other
machinery; o. RaIrcase, Raise eild sell
livestock Il any and every description in
and generally to do and perform all
Facts and things in connection with its
principal business which may be neces-
sary or incident thereto, or which may
increase the profits thereof and the pros
perity of said company, so long as the
same is not incompatible with this act of
incorporation, or the laws of said State
ARTICLE III.
The capital stock of this corporation
is hereby fixed at twenty-five thousand
dollars, divided into two hundred and
fifty shares of one hundred dollars each,
and shall commence business whenever
fourteen Thousand dollars shall be sub
scribed and paid for in full. Said capt.
tai stock may be paid for in cash, prop
erty or services rendered, and no stock
shall be issued until same is fully paid
for.
ARTICLE ".
The affairs of this corporation shall
be managed and directed by board of
directors consisting of three stockhold
ers to be elected annually on the first
Monday i'll January of each year, and
who shall hold their Offices for the pc
Rod of one year, or until their success
sors are duly elected and installed.
Until such election OH the first Monday
in January 1908, the following persons
shall constitute the board of directors,
to-wit: f. w. Hamiter, president; F.
w. Paramore, vice president, and E. E.
Paramore, secretary and treasurer. All
vacancies occurring in the board of di-
rectors from any cause shall be filled by
the remaining directors by the election
of stakeholder to fill the unexpired
term. All legal process shall be served
on the president, or i'll his absence on
the vice president, Or in the absence of
both on the secretary and treasurer.
Said board of directors shall have
power and authority to employ and dis
charge at pleasure any and all managers,
clerks or employees, and may adopt such
bylaws and regulations as to them may
seem necessary for the conduct of the
business of said corporation.
ARTICLE V.
This corporation shall have power and
authority to contract, sue and be sued,
in their corporate name, to make and
use corporate seal, to receive, purchase
and convey under their corporate name
both real and personal property, and the |
same to mortgage and hypothecate under |
such terms and conditions as the said |
board of directors may determine,
ARTICLE VI.
This charter may be amended, altered |
or abolished at vote of majority of
the capital stock at meeting held for
that purpose, or the capital stock of this
may be increased or dimin-
lshed in the manner provided by law.
Whenever this corporation is dissolved,
either by limitation or at the vote of its