The Caucasian. (Shreveport, La.) 1900-192?, 1912-01-25
CHARTER
or The Shreveport Development
Company.

or The Shreveport Development
Company.
State IF Louisiana. Parish Of Cad
do: Be it remembered that Oh this
day before me. r. II. Webb. a notary
public in and for said parish and
State. personally came and appear
rd VI. p. Holland. J. ID. Wilkinson
land \. l.. McGartN. residents OF sad
parish and State. who stated and de
rlarrd to me- notary that awaiting
Themselves Of the Constitution and
laws of The State of Louisiana, gov
rrmlng the formation Of corpora
lions in general. that they have
formed and constituted Themselves
sHd do by these presents form and
constitute themselves as we'll as
such other persons as may hcrra1-
ter hrrUmr associated with them in
to Il corporation and body rorpor-
ate and HAY" adopted and ordaln
ed and do by these presents adopt
ami nrdain as their charter and act
Of Incorporation the following. TO-
| Wit:
ARTICLE |.
| The name and title of this cor
pOraI ion is hereby declared 10 be
tn" Shreveport Development Com
panN. with lis dOmirilr at the city
Iof Shreveport, in the parish of
| Caddu. State of Louisiana. and un-
der its said corporate" nam" ii shall
i period Of fifty 30 years from this
! date, unless sooner dissolved as
as hereinafter stated. All legal
process shall be served on The pres
ld"mI Of ne company. or in his alb
Srnrr or inability to act. on On" vice
! president. or in his absence or IN
ability to act on the secretary and
! treasurer Of tn" rorpOrati ion at its
| dOmiril".
ARTICLE II,
The objects of This corporation
! and the purposes for which it is
! formed are hereby declared 10 be
to buy, acquire. sell. exchange, hold,
! estate. houses. timber. oil and min
| oraI 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
| hypOthccale any and all assets. real
and personal. and 10 dispose of the
sam" under such terms and cOndi-
| tiOns as lis 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-
yidrd into one thousand shares Of
one hundred dollars each and this
corporation is authorized to begin
business when Thirty Thousand
Dollars Of lis capital stock shall
have been subscribed and paid for
| in full and said stock may be paid
| for i'll cash, property, or labor to
the satisfaction of the board of di-
| rcCtOrS.
ARTICLE ".
The corporate powers Of this cor
| pOratiOn shall be vested in and en-
! erciSed by a board of directors con-
sisting of three stockholders, two
| of whom shall constitute quorum
| for the transaction of business, to
be elected at the meeting of the
stockholders held on the first Mon
day in January of each year. and
who shall hold their offices until
Their successors are duly elected
| and installed. Until the election
on The first Monday in January, 1913
the following shall constitute the
board OF directors of said cOrpOr-
alton, iO-Wil: NJ. P. Holland. who
shall be president: J. ID. Wilkinson,
who shall be vice president, and v
l. .McCarty, who shall be secretary
and treasurer. Any vacancy in the
board of directors shall be filled
by the remaining directors rlccting
"a stakeholder to fill said vacancy
for the uneXpired 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
OF the corporation may demand, to
fix The salaries, and TO make and
adopt such rules and regulations
and the same to change and alter as
in their judgment seems best.
ARTICLE Y.
This charter and act of incorpOr-
alton may be changed, altered or
amended and this corporation may