The Caucasian. (Shreveport, La.) 1900-192?, 1909-10-28
CHARTER
OF THE CADDO LAND COMPANY
LIMITED

, one thousand llIe HulluI Gu anu iIliiC
before me, w. A Mabry, a notary pub
Ilic in and for Caddo Parish Louisiana
duly commissioned and qualified, anc
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 avalllng
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 asso-
GATED with them, to form and constitute
a corporation and body polite in law,
ior the purposes and objects, and tin Ter
the stipulations, articles and conditions
following, to-w1t:
ARTICLE |.
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,
land under its said corporate name such
corporation shall have power and att
thority to contract, sue and be sued; to
make and use a corporate seal and the
| 90 a,,I hrant- AZ n1ac11re. To
hold, receive, have, purchase, improve,
ALLEVIATE, convey, sell, borrow, pledge
and hypothecate under its corporate
name, property real and personal; ito
name and appoint such officers, agents,
managers and employees as the interest
OF 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-
ion 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 declared to be the purchase OF
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 into
lots, streets and alleys, the improvement
and sale of said lots, and doing all Other
things necessary to enhance the value o
IL same and bringing same into public no
S tice
ARTICLE Ill
oil The capital stock of this corporation
dl shall be fifteen thousand ($I5,ooo. 60
it dollars, divided into and represented b.
d, one hundred and fifty shares of the pa
# value of one hundred ($1oooo) dollar
each, which said stock shall be paid TO
1t in cash, at the time of subscription, AM
: the same may be issued at not less thai
II par in payment or exchange for prop
erty or rights actually received or put
chased by said corporation; providei
inI that no stock shall be issued until tn
ef consideration shall be received by tn
S, corporation This company shall con
m mence doing business as soon as tire
e thousand five hundred ($3,5oooo) do
h lars of the capital stock shall have bee
err subscribed. No transfer of stock sha
in be recognized as valid or binding unit
S the same is made on the books of Il
rs company at its domicile
he ARTICLE ".
d. The corporate powers of this compar
on shall be vested in and exercised by
k, board of directors consisting of thr'
er stockholders of said company Three
X said board shall constitute quorum f
ne the transaction of business. Provide
of that in case of death of any one of t
lr- members of the said board of director
S, then, and in that event, two membe
A. of said board of directors shall cons
on tute a quorum The following perso
ain shall constitute the first board of dire
err tors: H. R. Ratcliff, Carl Svarva, a
Id E. R. Ratcliff, and the following me-
1u- ,ers of the board of directors shall
DO the first officers of said corporation:
RS. R. Ratclif, president Carl Svar
1so vice president; and E. R. Ratc1iff, S
in fetary and treasurer. The said boz
ar of directors and officers shall contir
tn in office until the 18th day of Septe
II, Der 1910, on which date and thereaf
1all annually board of directors shall
OF. elected on the 18th day of Septemt
av- each year, unless the same shall be
legal holiday, when the election 81