The Caucasian. (Shreveport, La.) 1900-192?, 1911-09-24
CHARTER
OF the Caddo Sand and Construction
Company.

lido: Be it remembered tnaJ OH tiiio
dav before me. T. +. Bell, Jr., no.
tary public in and for SAID parish
and State, personally came and ap-
peared H. NJ. Severance. and l.. Il.
Stokes, residents of Caddo PARISH,
Louisiana. and ID. J. Smith, w. ).
Sorrells and R. A. Gibson, residents
of Hot Springs, Arkansas, who stated
and declared to me, notary, that,
availing themselves of the constltu-
fion and laws of the State of Louis
lana governing the formation OF cor
porations in general, they have
formed and constituted themselves,
as we'll as such other persons as may
hereafter become associated with
them, and do hereby form and con-
stitute themselves into a corpora
! ton and have adopted and ordained
as they charter and acts of incor-
pCration the following, tO-wit:
ARTICLE |.
The name and title of this corpor-
IatiOn shall be the CaddO Sand and
Construction Company. and under
said corporate name it shall have
and enjoy succession for period OF
fifty years unless sooner dissolved,
with its domicile in the city OF
Shreveport, parish Of Caddo, State
of Louisiana. All legal process shall
be served on the president, or in his
absence on the vice president at the
office of the company
ARTICLE II.
The purposes for which this cor
poration is formed and its objects
are hereby declared to be to own,
acquire, lease and dispose of lands
and water fronts for the purpose of
reclaiming sand for commercial use,
and own and operate dredge boats
and all other mechanical apparatus
for the carrying out of its purpose,
to raise levels and reclaim lands by
pumping sand and other material
thereon, and to do general con-
tracing business; to manufacture
cement brick and blocks and other
ornamental parts of buildings.
ARTICLE III.
The capital stock of this corpora
ton is hereby fixed at the sum of
ten thousand (si00o000) dollars, di-
vided into one hundred shares at the
par value of one hundred dollars
each, and it shall commence bust
ness and become a going concern
whenever five thousand dollars of
its capital stock is fully subscribed
and paid for in full. and no stock
shall be issued until fully paid for,
and when Issued shall be full paid
and non assessable, and may be paid
for in money, property or labor done
! for the corporation.
ARTICLE ".
The affairs of this corporation
shall be managed and controlled by
board of directors consisting of
five stockholders, three of whom
shall constitute a quorum, to be
elected at a general stockholders
meeting on the first Monday of Sep
TENDER of each year or until their
successors are elected and installed.
Until the election in September 1912
the following shall constitute the
beard of directors: II. M. Severance,
ID. j. Smith, l.. f. Stokes, w. S. Sor-
relIs and r. A. Gibson. with H. M.
Severance as president, ID. J. Smith
as vice president, and l.. E. Stokes
as secretary-treasurer The board
of directors shall meet immediately
after their election and elect from
among their number a president. a
vice president and secretary
! treasurer. The board of directors
shall have power and authority to
make such rules, regulations and
bylaws as to them seems best, and
The same to change or alter at pleas
ure, with power to employ and dis
charge at will any clerk. manager or
other employe as may be needed in
the administration of the company.
Any vacancy occurring in said board
shall be filled by the remaining di-
rectors electing a stakeholder to fill
the unexpired term
ARTICLE V.
This charter may be amended, al
tered, or this corporation may be
dissolved at any time on vote Of
three-fourths of the stock present
or represented at a meeting called
tor that purpose except as ether
wise provided by law. Ten days
written notice Of all stockholders
meetings, except as otherwise pro-