The Caucasian. (Shreveport, La.) 1900-192?, 1911-11-02
CHARTER
OF the CaddO Sand and Construction
Company.

tary public in and for said parish
: and State, personally came and APP
Ipeared II. NJ. Severance and l.. f
Stokes, residents of Caddo Parish
Louisiana, and ID. j. Smith, w. S
. | SOrrells and r. A. Gibson, residents
lof Hot Springs, Arkansas, who stated
land declared to me, notary, thai,
IaVailing 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-
slitute themselves into corpora
ton and have adopted and ordained
as they charter and acts Of incor-
pOration the following, to-wit:
ARTICLE |.
The NAME and title of this corpOr-
lation 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 in the city OF
Shreveport, parish of Caddo. State
of Louisiana. All legal process shall
BE- served Oh the president, or in his
absence on the vice president al 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
retaining 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-
tractine business; to manufacture
ONhI'hG W ith bibthS anu ptbtl
ornamental parts of buildings,
ARTICLE III.
The capital stock of this corpora
ton is hereby fixed at the sum Of |
ter thousand lsi0,00O.00) dollars, di-
yided 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 --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
q board of directors consisting Of
five stockholders, three OF whom
shall constitute quorum, to be
elected at general stockholders
on the first Monday of Sep
TENDER Of each year or until their
are elected and installed
Until the election in September 1912
the following shall constitute The
beard of directors: II. NJ. Severance,
o. J. Smith, L. E. Stokes, W. S. Sor-
rells and r.. 4. Gibson, with II. NJ.
as president, ID. J. Smith
as vice president, and l.. T.. Stokes
as secretary treasurer. The board
Of directors shall meet Immediately |
after their election and elect from
their number a president a |
vice president and a 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
tile uneXpired term.
ARTICLE Y.
This charter may be amended, al
tered, or this corporation may be
dissolved at any time on a 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
notice of all stockholders
meetings, except as otherwise pro-
yided by law, shall be given to each
of record, and each |
share of stock shall be entitled to
one vote by its owner in person or
by written proxy; provided that |
herein shall prevent said
by unanimous consent
such notice and holding a
without notice axcent az |