The Caucasian. (Shreveport, La.) 1900-192?, 1911-12-28
CHARTER
OF the Shreveport Development
Company.

Eotdtt, ptISOlldllH CdHlt anu dppet
led NJ. p. Holland. j. ID. Wilkins
land Y. l.. McCarty. residents of So
lparlsh and State, who stated and
lclared 10 me notary that availi
themselves Of the Constitution al
laws of the State of Louisiana, go
|erning the formation of corpor
ltions in general, that they ha'
formed and constituted themselv
land do by these presents form al
CONSTITUTE themselves as we'll
Isuch other persons as may herea
ter become associated With them il
Ito corporation and body corpol
ate and have adopted and ordaiI
led and do by these presents adoy
land Ordain as their charter and az
IOf incorporation the following, tC
lWit:
ARTICLE |.
The name and title of this cor
lporation is hereby declared to
the Shreveport Development Com
pany, with its domicile at the cit
|of Shreveport, in the parish Q
Caddo, State of Louisiana, and I'm
lder its said corporate name it shal
have and enjoy succession for
period of fifty 800 years from thi
date, unless sooner dissolved a
as hereinafter stated. All lega
process shall be served on the pres
ident of the company, or in his alb
sence or inability to act, on the vic,
president, or in his absence or in
liability to act on the secretary ant
treasurer Of the corporation at it
'domicilc.
ARTICLE Ii.
The objects Of this corporation
and the purposes for which it i
formed are hereby declared TO b.
to buy, acquire, sell, exchange, hold
improve, or lease lands, lots, rea
estate, houses. timber, oil and min
eralt lands. and to build house.
thereon. or otherwise improve tn,
same in the States CT Louisiana, Ar
kansas. Texas and Oklahoma, Will
full power to mortgage. pledge OF
hypothecatc any and all assets. rea
and personal, ana 10 dispose OF the
same under such Terms and condi-
lions as its boad OF. directors may
prescribe.
ARTICLE III.
The capital stock of this corpor-
alton is hereby fixed in the sum o.
one Hundred Thousand Dollars, di.
vided into one thousand shares o
one hundred dollars each and thi:
corporation is authorized to begir
business when Thirty Thousant
Dollars of its capital stock shall
have been subscribed and paid fol
iii full and said stock may be pait
for in cash, property, or labor t.
the satisfaction of the board of di,
rectorS,
ARTICLE ".
The corporate powers of this cor
.poration shall be vested in and ex
ercised by board of directors con.
sisting OF three stockholders, tw,
of whom shall constitute a quorum
for the transaction of business, I,
De elected al the meeting of tn
stockholders held on the first Mon
day in January of each year, ant
who shall hold their offices unit
their successors are duly electe,
and installed. Until the electio
on the first Monday in January, 1871
the following shall constitute tn
board of directors of said corpor
alton, to-wit: NJ. p. Holland, VII
shall be president; J. ID. Wilkinson
who shall be vice president, and
l. .MeCarty, who shall be secretar
land treasurer. Any vacancy in tn
board of directors shall be file
by the remaining directors electin
La stakeholder to fill said vaeanc
for the unexpired term, and sal
board of directors shall have tn
power and authority to name an
appoint any and all agents, mana
| gers and employees as the bushes
Iof the corporation may demand, t
fix the salaries, and to make an
adopt such rules and regulation
and the same to change and alter a
| II their Judgment seems best.
ARTICLE Y.
This charter and act of incOrpoI
alton may be changed, altered {
amended and this corporation ma
De dissolved by a vote of three
fourihs of the stockholders after
special meeting called for that pun
pose in accordance with the Law
of the State of Louisiana, and /;
all meetings of the stakeholder
| each share of stock shall be ent
tied TO one vote 10 be cast by
loWner in person, or by write
IproXy, and tall stockholders NEE
llngs when not otherwise provide
iby law a majority of The stock sha
control, and when not othcrwis