The Caucasian. (Shreveport, La.) 1900-192?, 1913-06-22
CHARTER
OF The Utz Tract Land Company

me, \. +. FTeyer. a notary public in
and for said State and Parish. duly
| commissioned, qualified and sworn,
and in the presence Of the witnesses
hereinafter named and undersigned.
came and appeared the several per-
sons whose names are hereunto
subscribed. who declared that avail
ing themselves Of the provisions Of
the laws of this State relative to the
organization Of corporations they
have COvenanted and agreed and do
by these presents covenant and
agree and bind themselves ami
those who may hereafter become
associated with them to form and
constitute corporation for the oh
jects and purposes and under the
articles and stipulations following,
tO-Wlt.
ARTICLE |.
The name and style of this cor
pOration is hereby declared to be
The Utz Tract Land Company, and
under its said name it shall have
power and authority to contract, to
sue and be sued; to make and use
corporate seal and the same 10
alter and break at pleasure; to hold,
receive, purchase, ALLEVIATE, convey,
sell, pledge, mortgage, hypothecate
or lease property, real, personal and
mixed: to name and appoint such
officers, directors, agents and en-
plOyeS as the interest and Conven-
fence of the said corporation may
require: to make and establish by
laws and rules and regulations for
the proper management of its af-
fairs as may be deemed necessary,
and the same TO alter or change at
pleasure, and generally to do all
other acts and things necessary to
carry out the objects and purposes
of the corporation. This corporation
unless sooner dissolved as hereinaf-
ter provided shall exist and con-
tinue for a period of ninety-nine
years from and after this date. All
citation and other legal process
shall be served upon the president,
or in his, absence upon the vice
president, and in the absence of
both upon the secretary or treasur-
er, at the domicile of the company,
which is hereby declared to be in
the City of Shreveport, Parish OF
Caddo, Louisiana.
ARTICLE II.
The objects and purposes of this
corporation and the nature of the
business to be carried on by it are
declared to be to buy, improve, sell,
and lease real estate, urban or ru-
raj, wherever situated; to build
houses for sale or rent, and to con-
duct and carry on a general real
estate brokerage business in the
City of Shreveport and other points
as the direct tors may see fit, and
generally to do any and all things
and conduct all manner of business
necessary or incidental to the car
rying out of the objects as above set
forth.
ARTICLE III.
The capital stock of this corpora
ton shall be ten thousand dollars,
divided into and represented by one
thousand shares at par value of
ten dollars each, which stock shall
be paid for in cash or its equiva-
lent. This corporation is authorized
TO commence business when three
thousand dollars of its capital stock
shall have been subscribed and
paid in.
ARTICLE ".
The corporate powers of this cor
poration shall be ves,ed in and ex-
ercised by number of directors
composed of five stockholders, the
following persons shall constitute
the first board of directors, namely:
l.. E. Etchison, F. C. Buckelew, R..
l.. Mayfleld, H. H. Kennedy and T. p.
Smith. with f. G. Buckelew as pres
ident, L. E, Etchison as vice presi-
dent, and R. L. Mayfield as secre-
tary-treasurer. The said officers and
directors shall hold their offices
Until the list day Of January 1915. or
Until their successors are duly
elected and qualified. On the said
day in January 1915 and annually
thereafter board of directors shall
be elected unless said day be legal
holiday, when the election will be
held on the first secular day follow
ing. Notice of said election shall be
given by ten days publication in one
of the public newspapers published
in said parish. On the same day the
directors so elected shall select
from their number the above named
officers. At every election and
stockholders meeting each stock
L. -, H. LII to