The Caucasian. (Shreveport, La.) 1900-192?, 1911-10-08

CHARTER
OF the CaddO Sand and Construction
Company.

and State, personally came ana dp-I
peared H. NJ Severance and l.. T.
Stokes. residents of CaddO Parish,
Louisiana. and II. J. Smith, W. :.
SOrrells and X. A. Gibson, residents
OF Hot Springs, Arkansas, who stated
and declared to me-. notary, that,
ayailing themselves Of the constitu-
ton 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-
poration the following. to-wit:
ARTICLE 1.
The name and title of this corpOr-
alton shall be the CaddO Sand and
Construction Company. and under
said corporate name it shall have
and enjoy succession for a period of
fifty years unless sooner dissolved,
with its domicile III the city of
Shreveport, parish of Caddo, State
Of Louisiana. All legal process shall
be served on the president, or III 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 ewn aud operate dredge boats
aud all other mechanical apparatus
for The carrying out OF It's purpose.
TO raise levels aud reclaim lands by
pumping sand and other material
thereon, and to do a general con-
tracing business: TO manufacture
cement brick and blocks and other
ornamental parts of buildings.
ARTICLE III.
The capital stock of this corpora
tion is hereby fixed at the sum OF
ten thousand GSl0.00000j dollars, dl-
vlded into one hundred shares at the
par value of one hundred dollars
each, and ii shall commence bust
ness and become 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 worcestershire. 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
a board of directors consisting of
five stockholders, three of whom
shall constitute quorum, to be
elected at general stockholders
meeting ON the first Monday of Sep
tember Of each year or until their
successors are elected and installed.
Until the election in September 1912
the following shall constitute the
board OF directors: H. NJ. Severance,
ID. ]. Smith, L. f. Stokes, w. S. Sor-
rells and r.. a. Gibson. with II. NJ
Severance as president. ID. j. Smith
as vice president, and l.. T.. Stokes
as secretary-tleasurer 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
lother employee as may be needed in
| the administration of the company
4
| Any vacancy occurring in said board
shall be filled by the remaining di-
rectors eIecting a stakeholder to fill
/ the unexpired term.
| ARTICLE Y.
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 meeting called
/ tor that purpose except as other
wise provided by law Ten days
written notice OF all stockholders
meetings. except as otherwise pro-
Iyided by law. shall be given TO each
Istockholder of record. and each
share of stock shall be entitled to
one vote by its owner in person or
by written proxy: provided that
nothing herein shall prevent said
Stockholders by unanimous consent
waving such notice and holding a
meeting without notice. except as