The Caucasian. (Shreveport, La.) 1900-192?, 1909-11-14
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, 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 htreunto 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 ass0-
GATED with them, to form and constitute
corporation and body polite in law,
Tor the purposes and objects, and I'm 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 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 cfta-
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
lit, are declared to be the purchase of
lands within or near the incorporate
limits of the City of Shreveport, Caddo
| Parish, Louisiana, the plating, subdi-
vision and laying out of such lands into
ilots, 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
tee
ARTICLE III.
| The capital stock of this corporation
shall be fifteen thousand ($I5,ooo. oo)
dollars, divided into and represented by
one hundred and fifty shares of the par
value of one hundred ($Ioo.oo) dollars
leach, 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 or exchange for prop
lerty 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
mence doing business as soon as three
thousand FIVE hundred ($3,5oo.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 powers of this company
shall be vested in and exercised by a
board of directors consisting of three
stockholders of said company. Three OF
said board shall constitute a quorum for
1.-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
Iof said board of directors shall consti-
tute a quorum The following persons
shall constitute the first board of direc-
tors: H. R Ratcliff. Carl Svarva, and
E. r. Ratcliff, and the following mem
bers of the board of directors shall be
the first officers of said corporation: H.
R. Ratcliff, president; Carl Svarva,
vice president; and E. R. Ratelif, sec
rotary and treasurer. The said board
of directors and officers shall continue
in Office until the 18th day of Septem-
Der 1910, on which date and thereafter
annually board of directors shall be
elected on the 18th day of September,
each year, unless the same shall be a
legal holiday, when the election shall
be held on the next legal day thereaf-