The Caucasian. (Shreveport, La.) 1900-192?, 1909-10-26
CHARTER
OF THE CADDO LAND COMPANY
LIMITED.

s Be it known, that on this the I4th da
= of September, in the year of Our Lor
s one thousand nine hundred and nine
Y before me, w. A. Mabry, a notary pub
lie in and for Caddo Parish, Louisiana
. duly commissioned and qualified. ant
/ in the presence of the witnesses herein
after named and undersigned, personally
came and appeared the parties whose
names are hereunto Subscribed, all o.
full age, who declaring that awaiting
themselves of the provisions of the laws
of this State relative to corporations
and especially of Act No. 60 of the
General Assembly of Louisiana, they
have coyenanted 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
q corporation and body polite in law,
Tor the purposes and objects, and I'm Ter
the stipulations, articles and conditions
following, to-wit:
ARTICLE l.
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@a 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
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-
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
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 ($I5,ooo. oo)
dollars, divided into and represented by
one hundred and fifty shares Of the par
value .of one hundred ($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
Ipar in 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,
] mence doing business as soon as three
: thousand FIVE hundred ($35oooo) dol.
: lars of the capital stock shall have beer
+ subscribed. No transfer of stock shall
] be recognized as valid or binding unit
: the same is made on the books of the
5 company, at its domicile.
e ARTICLE ".
: The corporate powers of this company
n Shall be vested in and exercised by ;
, board of directors consisting of tire,
r stockholders of said company Three o
: said board shall constitute quorum TO
e 1.-THE transaction of business. Provided
f that in case of death of any one of TIL
: members of the said board of director:
), then, and in that event, two member
\ lof said board of directors shall consti
n tute quorum. The following person
n shall constitute the first board of direc
: tors: II. R. Ratcliff, Carl Svarva, an
l. E. R. Ratc1iff, and the following mem
l. bers of the board of directors shall b
J. the first officers of said corporation: +
S. R. Ratcliff, president; Carl Svarv
10 vice president; and E. R. Ratcliff, se'
IN rotary and treasurer. The said boar
r of directors and officers shall continr
4 in office until the 18th day of Septen
7, Der 1910, on which date and thereaft'
III annually board of directors shall
D. elected on the 18th day of Septembe
v each year, unless the same shall be