The Caucasian. (Shreveport, La.) 1900-192?, 1909-10-17
CHARTER
OF THE CADDO LAND COMPANY
LIMITED.

of September, in the year of Our Lord
one thousand nine hundred and nine,
before me, w. A. Mabry. 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. 80 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 assJ-
GATED with them, to form and constitute
q corporation and body polite in law,
Tor the purposes and objects, and TIN Ter
the stipulations, articles and conditions
following, to-wit:
ARTICLE |.
The name and title of said corpora
ton shall be the "CADDO LAND
COMPANY, LIMITED" and its DOM
ici1e is hereby established in the City of
Shreveport, Caddo Parish, Louisiana,
and under its said corporate name such
corporation shall have power and au-
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 establish bylaws,
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 the
board of directors, and upon whom cita-
ton and all other legal process shall be
served
ARTICLE H.
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 q
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 intc
lots. streets and alleys, the improvement
and sale of said lots. and doing all otl1ei
things necessary to enhance the value O
same and bringing same into public no
tee
ARTICLE III.
The capital stock of this corporation
shall Be fifteen thousand (SI5,ooo. 90,
dollars divided into and represented b,
one hundred and fifty shares Of the pa
value Of one hundred ($Ioooo) dollar
each, which said stock shall be paid fo
in cash, at the time Of subscription, ant
the same may be issued at not less thai
par in payment or exchange for prop
efty Or rights actually received or pur
chased by said corporation; provides
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 ($3,5oo.oo) dol
lars Of the capital stock shall have bsei
subscribed. No transfer Of stock shal
be recognized as valid or binding unit
the same is made on the books Of tn
company, at its domicile.
ARTICLE ".
The corporate powers Of this conpan
shall be vested in and exercised by
board of directors consisting Of thre
stockholders of said company Three G
said board shall constitute a quorum TO
the transaction Of business. PROVIDED
that in case of death of any one OF tn
members of the said board of directors
then, and in that event, two member
of said board of directors shall const
tute quorum. The following person
shall constitute the first board of direc
tors: H. r. Ratcliff, Carl Svarva, an
Z. r. Ratcliff, and the following men
bers Of the board of directors shall B
the first officers of said corporation: +
r. Ratcliff, president; Carl svary'
vice president; and E. R. Ratcliff, SEE
retary and treasurer The said boar
Of directors and officers shall continu
in office until the 18th day Of Septen
Der 1910. on which date and thereaftt
annually board Of directors shall
elected on the 15th day Of Septembe
-. IL ent,,e shall be