The Caucasian. (Shreveport, La.) 1900-192?, 1909-09-19
CHARTER
OF THE CADDO LAND COMPANY
LIMITED

Be it known. that on this the I4th day
of September in the year of Our Lord
one thousand nine hundred and nine,
before me, w. A. Mabry, a 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 aud appeared the parties whose
names are hcrcunto subscribed, all of
full age. who declaring that avaiing
themselves of the provisions of the laws
of this State relative to corporations,
and especially of Act No. go 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 TN 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. ste 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 ifs 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 dc
all other acts necessary TO effect the
objects and purposes of this corpora
ton. Said corporation, unless sooner
dissolved, shall exist for the period Oh
forty years. The president, OF i'll his
absence, the vice president, shall be pre-.
siding officer at all meetings of tht
board of directors, and upon whom cta-
ton and all other legal process shall be
served
ARTICLE II.
| The object and purpose for which thi:
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 OF near the incorporate
limits of the City of Shreveport, Caddt
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 othet
things necessary to enhance the value o
same and bringing same into public no
tice.
ARTICLE Ill
The capital stock of this corporation
shall be fifteen thousand ($I5 90,
dollars, divided into and represented b.
one hundred and fifty shares of the pa
value of one hundred ($1oo.oo) dollar
each. which said stock shall be paid FOL
in cash, at the time of subscription, ant
the same may be Issued at not less thai
par in payment or exchange for prop
erty or rights actually received or pur
chased by said corporation; provides
that no stock shall be issued until tn
consideration shall be received by TIA
corporation. This company shall com
mence doing business as soon as tire
thousand five hundred ($a5oooo) dol
lars of the capital stock shall have beei
subscribed. No transfer of stock shai
be recognized as valid OF binding unit
the same is made on the books of tn
company, at its domicie.
4 ARTICLE w.
The corporate powers of this coinpan
!. shall be vested in and exercised by
1 board of directors consisting of tire
, stockholders of said company. Three c
said board shall constitute quorum fo
the transaction of business. Provided
that in case of death of any one of tb
members of the said board of director
: then, and in that event, two member
of said board Of directors shall const
= tute quorum. The following person
shall constitute the first board of diret
tors: II. r Ratcliff, Carl Syarva, an
4 E. r Ratcliff, and the following men
h bers of the board of directors shall /
$ the first officers of said corporation: I
d R. Ratcliff, president; Carl Svarv
vice president; and E. r. Ratcliff, sc,
rotary and treasurer. The said boar
of directors and officers shall contint
i'll office Until the 18th day of Septen
!. Der 1910, on which date and thereaft
n annually a board of directors shall |
/, elected on the 18th day Of Septembe
.,.ix Il. III L