The Caucasian. (Shreveport, La.) 1900-192?, 1909-10-24
CHARTER
OF The CADDO LAND COMPANY
LIMITED.


4tate Of Louisiana, Parish of Caddo:
Iss6t 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. 60 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-
Seiated with them, to form and constitute
q corporation and body polite in law,
for the purposes and objects, and TN Ter
the stipulations, articles and conditions
following, to-wit:
ARTICLE 1.
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 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
rednir 90 make and establish bylaws,
rules and regulations for the manage
nent Of its affairs, and the same to
change and alter at pleasure, and to do
ali 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-
lion and ali other legal process shall be
served.
ARTICLE H.
The object and purpose for which this
corporation is established, and the ma
tire Of the business to be carried on by
il, are declared to Be the purchase Of
lands within or near the incorporate
limits Of the City of Shreveport, Caddo
P 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 other
things necessary to enhance the value OF
same and bringing same into public no
tice
ARTICLE III.
The capital stock of this corporation
shall be fifteen thousand ($I5,ooo. oo)
dollars divided into and represented by
one hundred and fifty shares of the par
value Of one. hundred (SIoo.oo) dollars
each, which said stock shall be paid for
IN cash, at the time of subscription, and
the same may be issued at not less than
par in payment OF exchange for prop
erty or rights actually received OF pur-
chased by said corporation; provided
that 10 stock shall Be issued until the
consideration shall be received by the
corporation. This company shall COM
rnence doing business as soon as three
thousand FIVE hundred (S3,5oo.oo) dol
lars Of the capital stock shall have been
subscribed. No transfer Of stock shall
Be recognized as valid or binding until
the same is made on the books Of the
company, at its domicile.
ARTICLE ".
The corporate pewers of this company
shall be vested in and exercised by 3
board Of directors consisting of three
stockholders of said company. Three o.
said board shall constitute a quorum fol-
the transaction Of business. Provided
that in case of death of any one of the
members OF the said board Of directors
then. and in that event. two members
81 said board of directors shall consti-
fufe quorum. The following persons
shall constitute the first board Of direc-
tors Fl. r. Ratcliff, Carl Svaiva, and
E. R. Ratcliff, and the following mem
bers Of the board Of directors shall be
The FIRST officers OF sad corporation: H
R RateIiff, president Carl Svarva
vice president; and E. R. Ratclif, sec
fetary and treasurer. The said board
Of directors and officers shall eontinut
III Office Until the 18th day Of Septem-
Der 1910, on which date and thereafter
annually a board Of directors shall be
elected on the 18th day Of September