The Caucasian. (Shreveport, La.) 1900-192?, 1909-11-28
CHARTER
!. OF THE CADDO LAND COMPANY
LIMITED.

STATE OF 1OulsidHds L dElSil VI SadQO
Be ii 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 coycnanted and agreed, and by
these presents covenant and agree, and
bind themselves as well as such other
persons as may hereafter become ass5-
tiated with them, to form and constitute
. corporation and body polite in law,
Tor the purposes and objects, and under
the stipulations, articles and conditions
following, to-wit:
ARTICLE I.
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 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
s ton. Said corporation, unless sooner
dissolved, shall exist for the period Of
forty years. The president OF in his
absence, the vice president, shall be pre-
siding officer at ali meetings Of the
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 dccIned to be the purchase 81
lands within OF near the incorporate
limits of the City Of Shreveport. Caddo
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 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 $4,000. oo1
dollars, divided into and represented by
one hundred and fifty shares Of the par
value of one hundred (sfoooo) dollars
each, which said stock shall be paid for
in cash, at the time Of subscription, and
the same may be issued at not less than
par ia payment or exchange for prop
erty or rights actually received or pur-
chased By said corporation; provided
that no stock shall be issued until the
consideration shall be received BY the
corporation. This company shall com.
menee doing business IS soon as three
thousand FIVE hundred ($a5oooo) dol.
lars Of the capital stock shall have beer
subscribed. No transfer of stock shall
be recognized as valid OF binding until
the same is made on the books Of the
company. at its domicile.
ARTICLE ".
The corporate powers Of this company
shall be vested in and exercised By Z
board Of directors consisting of three
stockholders of said company Three Of
said board shall constitute a quorum for
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
Of said board of directors shall consti-
tute quorum. The following persons
shall constitute the FIRST board of diree-
tors H. R. Ratciiff. Carl Svarya, and
F. r. Ratclif, and the following men-
bers Of the board of directors shall be
the FIRST officers of said corporation: IL
r. RatclifF, president Carl Svarva
vice president: and z r RatclifF, sec
reEary and treasurer The said board
Of directors and officers shall continue
ii office until the 18th day of Septefn-
BET 1910. on which date and thereafter
annually a board Of directors shall b
elected on the 18th day Of September,