The Caucasian., 1910-07-21
CHARTER
OF THE HOME. LAND COMPANY

State OF LOUISIANA, Par1Sh OF CaQQO: :
Be it known that on this the 18th day
of July A D. 1910, before me, Thomas
Charles Barret, a notary public in and
for the Parish of Caddo, State of
Louisiana, duly qualified, commissioned
and sworn, and in the presence of the
witnesses hereinafter named and under
signed, came and appeared the several
persons whose names are heFeunto sub
scribd, who declared that availing them
selves of the provisions of the laws Of
this State relative to the organization
of corporations, they have covenanted
and agreed, and by these presents do
covenant and agree and bind themselves
and those who may hereafte& become
associated with them to form and con-
stitute a body polite in law for the OBJ
jects and purposes and under the arti-
cles and stipulations hereinafter stipu
lated, to-wit:
ARTICLE I.
The name and style of this compora-
ton shall be HOME LAND COM
PANY, and under its said shame it shall
have power and authority to contract !;
to sue and be sued; to make and use a
corporate seal and the same to alter or
break at pleasure; to hold, receive,
have, purchase, ALLEVIATE, convey, sell,
pledge, mortgage, hypothecate, improve
or lease property, real, personal or
mixed; to name and appoint such Of
fcers, directors, agents and employees as
the interest and convenience of the
corporation may require; to make and
establish bylaws, rules and regulations
for the proper management of its af-
fairs as may be deemed necessary and
proper, and the same to alter or change
at pleasure; and to do all things gener-
ally necessary and proper to carry out
the objects and purposes of said cor
poration. This corporation, unless
sooner dissolved as hereinafter provided
/ for, shall exist and continue for pc
riod of ninety-nine years from and after
the date hereof. All citations and other
legal processes shall be served upon the
president, or in his absence upon the
vice president, or in their absence upon
the secretary, at the domicile of the
company, which is hereby declared to be
in the city of Shreveport, Caddo Par
ish, Louisiana.
ARTICLE II.
The objects and purposes of this cor
poration are hereby declared to be to
hold, receive, have, purchase, ALLEVIATE
convey, sell, pledge, mortgage, hypothe-
cate, improve, or lease property, real
personal or mixed, wherever situated
to build houses for sale or rent; to con-
duct real estate brokerage business ir
Shreveport and at such other points as
the directors may see fit; and, in gen,
eral, to do any and all things and con
duct all manner of business under its
charter name necessary or incidental tc
the carrying out of the objects above
set forth.
ARTICLE III.
The capital stock of said corporation
shall be $4,000, divided into and rep
resented by $50 shares of one hundred
dollars each, which said stock shall b.
paid for in cash, or its equivalent, a
the time of subscription, Or the same
may be issued at not less than par il
payment or exchange for the propert,
or rights actually received or purchased
by said corporation, or the same may b.
issued full paid for money advanced, anc
for other valuable considerations o
services, as the board of directors o
said corporation may determine; pro
vided that no stock shall be issued unit
the consideration therefor has been re
ceived by said corporation. Any stock
holder may sell, assign or transfer hi
stock in said corporation provided thirt
(3o) days notice of his intention to sci
transfer and assign the same be give
the corporation, and the individua
stockholders and the other stockholder
. shall have the first privilege or refuss
of acquiring the same in proportion
their holdings in the corporation. Th
stock of the corporation may be trans
ferred under the above conditions, BIT
no transfer shall affect the corporatio
unless made upon the books at its ot
fee in the city of Shreveport, and the
Ionly on surrender of the certihcat
therefor. The corporation is authorize
to commence business when $4,000 {
its capital stock shall have been sui
Iscribed and paid for The board {
directors shall have the right to dete
mine how much stock shall be issues
ARTICLE ".
The corporate powers of said CO..
{. lporation shall be vested in and exc
: Icised by board of directors compose
g Iof three Sd stockholders. The follow