The Caucasian. (Shreveport, La.) 1900-192?, 1909-04-11
CHARTER
OF THE REID LAND COMPANY
LIMITED.

! State Of Louisiana. Parish of Caddo
Be It known that OF this the 9Th day OF
April 1900. before me. p. NJ. Welsh a
notary public in and for Caddo Parish,
Louisiana. duly appointed, commissioned
and sworn, and III presence of K. ID.
| Webb and + &. Thatcher, competent
witnesses, personally came and appeared
w, H. Polk, w. B. Winston and M
K. Purnell, all residents of Caddo Parish
Louisiana, who declared that awaiting
themselves Of the provisions of the gen
erai laws Of The State of Louisiana and
of the provisions of Act No 20 of the
Acts OF the Legislature OF Louisiana,
approved June 20 1893. relative to the
formation Of corporations, they do by
these presents form and organize them
| selves into a corporation and body polite
in law, for the objects and purposes and
under the stipuat'ons aud conditions
hereinafter set forth
ARTICLE l.
! he name and title OF SAID corporation
shall be REID LAND COMPANY,
LIMl' TED. and by that corporate name
II shall have succession for i period Of
twenty five years from and after the
date hereof. and shall have power to
contract, sue and be sued. To- make and
use a corporate seal. and break and alter
| IA, 1,,1j
lease, purchase and convey. as we'll As
mortgage and hypothccatc under its cor
poratc name, property, both real and
personal; to name and appoint such
managers, directors. officer, and agents
as the necessity OF convenience OF such
corporation may require. and To make
and establish such bylaws. rules and
regulations for the proper management
Of the affairs OF the corporation As may
he necessary and proper. and the same
to change or alter at pleasure. and gen
may hereafter be conferred by law upon
corporations necessary or convenient to
promote its objects and interests
ARTICLE H.
| Ihe donicile Of this corporation shall
be Shreveport, Caddo Parish, Louisiana.
and all citations and legal process shall
be served upon the president of said
corporation, or i'll the case Of his absence
on the secretary treasurer.
ARTICLE Ill.
The purpose for which tins corpora
ton is formed is declared to be as fol-
lows: To hold, receive. purchase. &C
quire, lease, sell, convey, deliver. mort
gage and hypothecate, under its corpor-
ate name. both real and personal prop
erty.
ARTICLE ".
The capital stock of said corporation
is hereby fixed at ten thousand dollars.
divided into one hundred shares of one
hundred dollars each. The stock shall
he paid for in cash or property when
subscribed for, and this corporation may
commence business when $1,000 OF the
capital stock has been subscribed and
paid for.
ARTICLE V.
All the corporate powers Of said cor
poration shall be vested in board OF
cir. ctors composed Of three stockhold-
cr,, which board shall be elected an
nually on the first Monday in April of
each year, beginning iii the year 1910.
The board of directors shall annually
elect the president, vice president and
Observation-Disclosures The first board of
directors is declared to be w. H. Polk,
;lW. B. Winston and NJ. r. Purnell, with
w. H. Polk as president, w. B. VIM
ston as vice president, and NJ. K. Pur-
nell as secretary treasurer. The said
hoard Of directors shall serve until tho
first Monday in April 1910. or unit! their
successors arc duly elected thereafter.
lin the event of the death or resignation
lof any director, the remaining members
or member shall have the power to fill
the vacancy or vacancies.
The directors at the annual election
shall be elected by the stockholders.
Each share Of stock shall be entitled to
lone vote to be cast by the owner there
Iof, either in person or by proxy, and
majority of votes cast shall elect. Two
!. directors shall constitute a quorum. No
|ticc of such election shall he given each
stakeholder either in writing or by pub
lication ten days prior to said election
The board of directors may make all
such laws and regulations for the man
: | .no.,,cuf Of the business as they may