The Caucasian. (Shreveport, La.) 1900-192?, 1907-04-25
CHARTER
OF THE RED RIVER LAND AND
LIVESTOCK COMPANY.

sOnally came and appeared L. w. f1dlii-
tier, a resident of said Parish and State :;
f. E. Parramore and F. w. Paramore,
residents of the City of St. Louis and
State of Missouri, who stated and de
clared to me, Notary, that availing
themselves of the Constitution and laws
of Louisiana, they have formed and con-
stituted themselves, and do by these
presents form and constitute themselves,
as well as such other persons as may
hereafter become associated with them,
into a corporation and body corporate
under the name and title and for the
purposes hereinafter expressed, and
have adopted as their charter and act
of incorporation the following, to-wit:
ARTICLE |. o
The name and title of this corporation
shall be the RED RIVER LAND AND
LIVESTOCK COMPANY" and its
domicile shall be at the City of Shreve-
port, in the Parish of Caddo, Louisiana,
and under its corporate name it shall
have and enjoy the right of succession
for period of fifty years, unless sooner
dissolved as hereinafter provided.
ARTICLE II.
The purposes for which this corpora
ton is established and the nature Of the
business to be carried on by it are de-
clared to be, to purchase, own, cultivate,
sell and mortgage or lease land in the
State of Louisiana and in the State of
Arkansas; to buy, hypothecate and sell
timber and timber lands and i'll connec
ton Herewith to own and operate gins,
presses sawmills, planning mills Or other
machinery; to purcase, raise and sell
livestock of any and every description in
said States of Louisiana and Arkansas,
and generally to do and perform all
acts 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 capi-
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 in 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 on the first Monday
in January 1908, the following persons
shall constitute the board of directors,
to-wit: E. W. Hamiter, president; f.
w. Paramore, vice president, and f, Z
Paramore, secretary and treasurer. All
vacancies occurring in the board of dl-
rectors from any cause shall be filled by
the remaining directors by the election
If a stockholder to fill the unexpired
term ALL legal process shall be served
On the president, or in his absence on
The vice president, Or i'll 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 tnelf COTpOI dtS HdliiS, W liidhS anu
use a 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 a majority OF
the capital stock at a meeting held for
that purpose, or the capital stock Of this
corporation may be increased Or dlmln-
ished in the manner provided by law
Whenever this corporation is dissolved
either by limitation or at the vote Of its
stockholders, its affairs shall be liqui
dated by two liquidators appointed by
the stockholders for tat purpose. Notice
| shall be given of all stockholders meet
ings by ten days printed notice pub
lshed in one of the newspapers Of the
City of Shreveport, and by letter ad
dressed to each stockholder at hi: usua
lpostoflce address. In all elections helt