The Caucasian. (Shreveport, La.) 1900-192?, 1907-03-07
CHARTER
OF THE WALLACE cake 1ANT
AND ORCHARD CaD ara


came and appeared the several eersons,
all personally known to me, Mhose names
are hereunto signed, who declared that
lvailing themselves of the provisions of
the laws of the State of louisiana fce-
tive to corporations. they have formed.
and by these presents do form, organize
poration for the objects and purposes
and under the conditions, stipulatons
and regulations following, tp-wit:
ARTICLE J.
The name and style of this corpora
ton is hereby declared to be THE
WALLACE CAKE LAMB AND OR
CHARD COMPANY, OMITTED, and
under such name and style it shall have
power to sue and be sued o. have and
enjoy corporate existence for a period
of ninety nine years from date hereof :
to have and use corporate seal: to
make bylaws for its government, and
same TO amend and change at its pleas
ure; and, in general, to do any and all
objects necessary or incidental to the
purposes for which it is organizea
ARTICLE II.
The objects and purposes of this cor
poration are hereby declared to be the
planting and cultivation of orchards and
berry farms; the purchase and sale of
land and timber and the purchase of
lands for the purpose of cutivating
same into orchards and berry farms,
and otherwise improving same, and the
sale of lands SO improved. and further
for the carrying on of such agricultural
pursuits as may be deemed advisable by
the board Of directors of the corpora
tion, and, if the board of directors of
the corporation deem it advisable to es-
tablish commssary, or commissaries,
on such lands and plantations as may
be acquired by said corporation The
lands to be purchased for converting
same into orchards and berry farms, or
other agricultural purposes, to be in
Caddo parish, or such other parishes and
places in the State of Louisiana as may
be selected by the board of directors.
The domicile of this corporation is
hereby fixed in Shreveport, Caddo Par
lsh, Louisiana. Citation and all other
legal process shall be served upon the
president, or in his absence at the office
of the corporation, according to law.
ARTICLE III.
The capital stock of this corporation
is hereby fixed at ten thousand dollars
($Io,ooooo), divided into one hundred
shares of one hundred dollars ($Ioooo)
each; and this corporation is authorized
to begin business when three thousand
dollars (S3,ooo.oo) of said capital stock |
shall have been subscribed and paid for
III cash, or its equivalent.
All transfers of stock to be valid and
binding shall be made on the books of |
he corporation, and no transfer of stock |
shall be valid unless such stock be first |
offered to the corporation, and the indi- |
vidual stockholders thereof, at its then |
market price, and the first option being
given them to buy at such price.
Article "
he corporate powers of this corpora
ion are hereby vested in board of d.
ectors. consisting of three stockholders,
wo of whom shall constitute a quorum
or the transaction of business. The
BOARD of directors shall be elected an
lually by ballot by the stockholders of
he corporation at a regular meeting to
re held on the first Monday of October
# each year, beginning in the year
oo7; and the directors shall elect the
ther officers of the corporation.
Until such meeting shall be held and
heir successors there elected be quail
ed, the board of directors shall be H.
}. Norton, B. U. Jacob and B. D. Gray,
With H. S. Norton as president, B. U.
acob vice president, and B. d. Gray
ecretary and treasurer
The board of directors shall have au-
norlty to make all necessary regulations
nd bylaws for the conduct and govern
1ent of the corporation, as we'll as to
ppolnt such officers, agents and en-
loyes as may be considered proper by
aid board If
ARTICLE V. |,
AT all meetings of stockholders, each {
hare of stock shall be entitled to one a
ote, to be cast in person by the holder t
r by proxy, and majority of votes t
asst shall elect. c
At all meetings of stockholders, ex- S
ept the regular annual meeting, shall
: notified to the stockholders by writ
II or printed notice sent to the post
hce address of the stakeholder by reg
tered mail at least ten days prior to ,
ich meeting.
ARTICLE VI.
This act of incorporation may be
nended or altered or the corporation
Ssolved by a vote of hree-fourths in :.
Mount of the capital stock of said cor :,