The Caucasian. (Shreveport, La.) 1900-192?, 1909-09-16
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, 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 hereunto subscribed, all of
full age, who declaring that avafling
themselves of the provisions of the laws
of this State relative to corporations,
land especially of Act No. 90 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
Il corporation and body polite in law,
for the purposes and objects, and TN Ter
the stipu1ations, articles and conditions
following, to-wit:
ARTICLE I.
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
F, 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
: 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
e 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.
s: ARTICLE II.
e The object and purpose for which this
1 o1s~1a~o+;o.o bf,cLad 1nd tba M
;. ture of the business to be carried on by
" it, are declared to be the purchase OF
i lands within or near the incorporate
lie 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
lg and sale of said lots, and doing all other
IS things necessary to enhance the value Of
l. same and bringing same into public no
~ tice
IL ARTICLE III
or The capital stock of this corporation
shall be fifteen thousand ($15,ooo 90
dollars, divided into and represented BY
one hundred and fifty shares of the pal
value of one hundred ($Ioooo) dollar!
each, which said stock shall be paid fol
Of in cash, at the time of subscription, ane
r.. the same may be issued at not less thar
l. par in payment or exchange for prop
ne erty or rights actually received or pur
/ chased by said corporation; provided
1y that no stock shall be issued until tn,
consideration shall be received by tn
corporation. This company shall com
mence doing business as soon as thre
thousand FIVE hundred ($3,5oo.oo) dol
e. lars of the capital stock shall have BEEF
W. subscribed No transfer of stock shal
~ be recognized as valid or binding unit
the same is made on the books of tn
q company, at its domicile.
:. ARTICLE w.
IL The corporate powers of this compan
- shall be vested in and exercised by
7 board of directors consisting of tire
&C. stockholders of said company Three c
of said board shall constitute quorum fo
IN the transaction of business. Provides
that in case of death of any one of tn
members of the said board of director
then, and in that event, two member
IN of said board of directors shall const
~ tute quorum. The following person
a1e shall constitute the first board of diret
ca tors: H. R. Ratcliff, Carl Svarva, an
NJ E. R. Ratcliff, and the following men
'eo bers of the board of directors shall /
AZ the first officers of said corporation: F
R. Ratclif, president; Carl Svarv
vice president; and E. R. Ratcliff, SCI
rotary and treasurer. The said boar
'ai. of directors and officers shall contint
in Office until the I5th day of Septen
Der 1870 on which date and thereaftt
= annually board of directors shall /
~ elected on the 18th day of Septembe
~ each year, unless the same shall be