The Caucasian. (Shreveport, La.) 1900-192?, 1909-10-31
CHARTER
OF TIE CADDO LAND COMPANY
LIMITED.

ono thousand nine hundred and nine
before me, w. A. Mabry. a notary pub
lie i'll 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 avaiIing
! themselves of the provisions of the laws
of this State relative to corporations,
and especially of Act No. 80 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-
GATED with them, to form and constitute
corporation and body polite in law,
for the purposes and objects, and TIN Ter
the stipulations, articles and conditions
| following, to wit:
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
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
require to 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
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 thu
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
4 corporation is established, and the ma
iIture 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 Cadde
/ 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 ali other
things necessary to enhance the value oil
same and bringing same ipto public no
tiee.
ARTICLE Ill.
| The capital stock of this corporation
shall be fifteen Thousand 0$15,ooo .oo)
dollars, divided into and represented by
one hundred and fifty shares of the par
value of one hundred (Stgo.oo) dollars
each, which said stock shall be paid for
/ il cash, 1T the time of subscription, and
the sat1se may be issued at not less than
par in payment OF exchange for prop
erty or rights sctually received or pur-
chased by said corporation. provided
that ps stock shall be issued Until the
consideration shall be received by the
corporation. This company shall com
menee doing business RS soon as three
Thousand five hundred ($3,5oo.oo) dol
lars OF the earital stock shall have been
subscribed. No transfer of stock shall
be recognized as valid OF binding until
the same is fnade on the books Of the
company, at fts don1icie,
ARTICLE Nv.
The corporate powers of this vunmpany
shall be vested in and exercised by q
board of directors consisting off three
stockholders OF said company. Three Of
said board shall constitute a quorum for
the transaction of BUSINESS. Ppovided.
that in case of death of any one of the
members OF the said board of dinectors,
then, and in that event, two members
of said board of directors shall 1onsti-
tute a quorum. The following persons
shall constitute thr first board OF hirec-
tors: Fl. r. Ratcliff. Carl Svarva. and
Z. r. Ratcliff, and the following rneni-
bers Of the board Of directors shah be
the FIRST officers of said corporation. Fl.
r. RatclifT. president; Carl Svarva,
vice president; and Z. K. Ratcliff, SOC
rotary and treasurer. The said board
of directors and officers shall continue
in office until the 18th day of Septetn-
Der 1910, on which date and thereafter
annually a 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-
4 r 4