The Caucasian. (Shreveport, La.) 1900-192?, 1912-12-03
CHARTER
vi the Four States Land Gem
Pany.


declared that, availlng themselves
OF the provisions Of the laws of the
State Of Louisiana relative to cor
poratlons, they have covenanted and
agreed, and by these presents COW
enant and agree, and bind them
selves, as we'll as such other persons
as may hereafter become associat-
&c with them, to form and cOnsti-
tute corporation and body polite
IN law, for the purposes and objects
and under the stipulations. articles
and conditions following:
ARTICLE |.
The name and title of the said
c. rporatlon shall be Four States
Land Company, and its domicile is
hereby established i'll Shreveport,
State Of Louisiana. and under it,
corporate name, said corporation
shall have power and authority to
contract, sue and be sued; to make
and use corporate seal and the
same TO break and alter at pleas
ure; to hold. receive, have, pur-
chase, improve, ALLEVIATE, convey
sell, loan, borrow, pledge, mortgage
and hypOthecate, under its said cor
porate name, property, real, per-
sonal and mixed; to name and APP
point such officers, directors. agents
and managers or employees as the
interest or convenience Of said cor
poratlon may require; TO make anG
establish bylaws, rules and regula-
tons for the proper management
and regulation of it's affairs as may
be deemed necessary and proper.
and the same to change and alter
at pleasure; and to do all other acts
and things permitted by law, or as
shall or may be necessary and
proper to carry out the objects and
purposes of said corporation. Sald
corporation, unless sooner dis
solved in accordance with its char
ter, shall exist and continue for the
period of twenty-five (25l years
from and after the date hereof. The
president, or in his absence the vice
president, shall be the proper per-
son upon whom citation or other
legal process shall be served.
ARTICLE II.
The objects and purposes fol
which this corporation is organ
lied and the nature of the business
TO be carried on by it are declared
to be the following, to-wit: To car
ny on a regular real estate business.
and do any and al Things connected
with or incident thereto, or neces-
sary to successfully carry out said
business.
ARTICLE III.
The capital stock of the said cor
pora.ion shall be thirty thousand
(s30,OOO0O) dollars. divided into and
represented by three thousand
10000 shares of the sum of one
hundred 100000 dollars each
which said stock shall be paid for
in cash at the time Of subscription,
or the same may be issued, at not
less than par, in payment or ex-
change for property or rights &C
tually received or purchased by
said corporation. or the same may
be issued, full paid, for money adj
vanced, and for such other valuable
considerations or services as the
board of directors of said corpora
lion may determine; provided, that
no stock shall be issued until the
consideration therefor has been re-
ceived by the said corporation. Any
stakeholder may sell, assign or
transfer his stock in this corpora
ton provided thirty 800 days prior
notice of such intention to sell, as
sign or transfer the same be given
the company, and the other stock
holders thereof shall have the first
Privilege of purchasing same, aftel
which thirty days notice the said
stock may be sold in open market.
fhe stock Of said corporation may
| be transferred under the above con-
ditions: provided, such transfer
thereof be made on the books OF
said company at its office, and OF
| surrender of the certificate there
flor. No transfer Of any fractional
part of share shall be made. This
Incorporation shall commence doing
business as soon as three thousand
$50, 600 dollars of its capital stock
Ishall have been subscribed for. The
Hoard of directors shall have the
fright to determine how much stock
shall be issued.
ARTICLE ".
The corporate powers of this
Icompany shall be vested in and ex-
lercised by board of three (3l d.
Iteeiors, consisting of the president
vice nrasident. secretary and treas