The Caucasian. (Shreveport, La.) 1900-192?, 1911-12-24
CHARTER
or the Shreveport Development
Company.

land Y. l.. McCaFtN, FeSlutii'o " "
Parrish and State, who stated ana de-
lclared TO me notary that awaiting
themselves of the Constitution ana
laws of the State of Louisiana, gov
erning the formation Of corpora
lions in general, that they nave
formed and constituted themselves
and do by these presents form ana
constitute themselves as well as
such other persons as may hefeai-
tier become associated with them IN
to a corporation and body corpof-
ate and have adopted and ordalll-
ed and do by these presents adopt
land ordain as their charter and act
of incorporation the following, TO-
|Wit:
ARTICLE /.
The name and title of this cor
poration is hereby declared to be
the Shreveport Development Com
pany, with its domicile at the city
of Shreveport, in the parish OF
Caddo. State of Louisiana, and I'M
der its said corporate name 1T shall
have and enjoy succession for al
period of fifty 500 years from this
date. unless sooner dissolved as
as hereinafter stated. All legal
Iprcoess shall be served on the pres
ident of the company, or in his alb
sence or inability to- act, on the vice
president, or in his absence or in
ability TO act on the secretary and
| treasurer of the corporation at It's !
! dOmicile.
ARTICLE H.
The objects of this corporation
and the purposes for which II is |
formed are hereby declared to be
TO buy, acquire. sell, exchange, hold, |
improve. or lease lands, lots, real
estate, houses, timber, oil and min
Ieral lands. and to build houses |
thereon, or otherwise improve the
same in the States of Louisiana, Ar
kansas, Texas and Oklahoma, with
full power to- mortgage, pledge or
hypothecate any and all assets, real
and personal. and TO dispose of Che
same under such terms and condi- |
tons as its boad of directors may
prescribe.
ARTICLE III.
The capital stock Of this corpor- /
alton is hereby fixed in the sum Of
One Hundred Thousand Dollars. di-
vided into one thousand shares of
one hundred dollars each and this
corporation is authorized to begin /
business when Thirty Thousand
Dollars OF its capital stock shall
have been subscribed and paid for
in full and said stock may be paid
for in cash, property, or labor TO
the satisfaction of the board of d. !,
rectors. l.
ARTICLE ".
The corporate powers of this cor
poratiOn shall be vested in and ex-
ercised by board of directors con-
sisting of three stockholders, two
OF whom shall constitute quorum
for the transaction of business. 10
be elected al the meeting of the
stockholders held on the first Mon
day i'll January of each year, and
who shall hold their offices until
their successors are duly elected
and installed. Until the elections
on the first Monday i'll January. 1913
the following shall constitute tbeS
board OF directors Of said corpor- +
alton, to-wit: NJ. p Holland, who
shall be president: j. ID. Wilkinson.
who shall be vice president. and VI
l. .McCariy, who shall be secretary
and treasurer. Any vacancy In thel
board Of directors shall be filled |
by the remaining directors eIeeting
a stakeholder to fill said vacancy !,
Tor the tincxplred term, and said /,
board of directors shall have the
power and authority to name and
appoint any and all agents. mana
gers and employees as the business
CT the corporation may demand, to :,
Tx the salaries, and to make and
f..
and the same to change and alter as
III their judgment seems best.
ARTICLE V.
This charter and act of incorpor-
alton may be changed, altered or :,
and this corporation NAV :
be dissolved by a vote of three :
iourths of the stockholders after a :,
special meeting called for that pur-
pose i'll accordance with the laws
OF the State Of Louisiana, and at
all meetings of the stockholders
each share of stock shall be enti-
tied TO one vote to be cast by it's |,
owner in person, or by written
proxy, and tall stockholders meet
Ings when not otherwise provided
by law majority of the stock shall
control, and when not otherwise /,
provided by law, notice of the