The Caucasian. (Shreveport, La.) 1900-192?, 1909-11-07
CHARTER
OF THE CADDO LAND COMPANY
LIMITED.

lINI1 Ell
State of Louisiana, Parish of CaddO
| Be it known, that on this the 18th day
of September, in the year of Our Lord
one thousand nine hundred and nine
before me, w A. Mabry, a notary pub
lie in and for Caddo Parish, Louisiana,
duly commissioned and qualified, and
in the presence of the witnesses herein
after named and undersigned, personally
came and appeared the parties whose
names are hereunto subscribed, all OF
full age, who declaring that availing
themselves of the provisions of the laws
of this State relative to corporations,
and especially of Act No SO of the
General Assembly of Louisiana, they
have covenanted and agreed, and by
these presents covenant and agree, and
bind themselves as we'll as such other
persons as may hereafter become ass1-
GATED with them, to form and constitute
corporation and body polite in law,
Tor the purposes and objects, and TN Ter
the stipulations, articles and conditions
following, to-wit:
ARTICLE l.
The name and title of said corpora
ton shall be the "CADDO LAND
COMPANY, LIMITED" and its dom
icile is hereby established in the City of
Shreveport Caddo Parish, Louisiana
and under its said corporate maine such
corporation shall have power and att
thority to contract, sue and be sued; to
make and use a corporate seal and the
same to alter and break at plesure; to
hold, receive, have, purchase, improve,
ALLEVIATE, convey, sell, borrow, pledge
and hypothecate under its corporate
name, property real and personal; to
name and appoint such officers, agents,
managers and employees as the interest
or convenience of said corporation may
require to make and establisls by laws,
rules and regulations for the manage
ment of its affairs, and the same to
change and alter at pleasure, and to do
all other acts necessary to effect the
objects and purposes of this corpora
ton Said corporation, unless sooner
dissolved, shall exist for the period Of
forty years. The president, or in his
absence, the vice president, shall be pre-
siding officer at all meetings of tht
board of directors, and upon whom cita-
ton and all other legal process shall be
served,
ARTICLE II.
The object and purpose for which this
corporation is established, and the ma
ture of the business to be carried on by
it, are declared to be the purchase Of
lands within or near the incorporate
limits of the City of Shreveport, Caddc
Parish, Louisiana, the plating, subdi
vision and laying out of such lands into
lots, streets and alleys, the improvement
and sale of said lots, and doing all othei
things necessary to enhance the value o
same and bringing same into public no
tice.
ARTICLE III.
The capital stock Of this corporation
shall be fifteen thousand ($15,ooo 90,
dollars, divided into and represented b.
one hundred and fifty shares of the pa
value of one hundred ($1oooo) dollar
each, which said stock shall be paid TO
in cash, at the time of subscription, ant
the same MAY be issued at not less that
, par in payment or exchange for prop
! erty or rights actually received or pur
: chased by said corporation; provide5
. that no stock shall be issued until tn
: consideration shall be received by tn
corporation. This company shall com
mence doing business as soon as tire
thousand FIVE hundred ($3,5oooo) dol
lars of the capital stock shall have beef
subscribed. No transfer of stock shall
be recognized as valid or binding unit
the same is made on the books of tn
company, at its domicile
ARTICLE w.
The corporate powers of this compan,
shall be vested in and exercised by
board of directors consisting of thre,
stockholders of said company. Three o
said board shall constitute quorum fo
the transaction of business. Provided
that in case of death of any one of thu
members of the said board of directors
then, and in that event, two member.
of said board of directors shall consti
tute quorum. The following person.
shall constitute the first board of direc.
tors: H. K. Ratclif, Carl Svarva, anc
| E. R. Ratcliff, and the following mem
bers of the board of directors shall be
the first officers of said corporation II
| K. Ratcliff, president: Carl Svarva
vice president; and z. r. Ratcliff, sec
Rotary and treasurer. The said boart
of directors and officers shall continue
in office until the 18th day of Septem-
her InTn m, which d,+u ,.,d II, $500. Il =.