The Caucasian. (Shreveport, La.) 1900-192?, 1913-06-08
CHARTER
OF The Uh Tract Land Company.

do. Re it known that on this the
26th day of May A. D. 1913, before
me. A. B. F'reyer, notary public in
and for said State and Parish, duly
comm eioned, 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 coyenanted and agreed and do
by these presents covenant and
e4ree and bind themselves ana
those who may hereafter become
associated with them to form and
constitute a corporation for the OBJ
jeets and purposes and under the
articles and stipulations following,
to-wit:
ARTICLE I.
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
a corporate seal and the same to
alter and break at pleasure; to hold,
receive, purchase, ALLEVIATE, convey,
sell, pledge, mortgage, hypothecate
orIease 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 mana, ement 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 tol
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
06rporation 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-
du2t& md carry on general real
Ell Brokerage business in the /
City Of Shreveport and other points
as the directors 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 a par value OF
fen dollars each, which stock shall
be paid for in cash or its equiva-
lent. This corporation is authorized
to commence business when three
feonsanll dollars Of its capital stock
shall have been subscribed and
paid in.
ARTICLE Nv.
The corporate powers of this cor
poration shall be vested in and ex-
ercised by q number of directors
composed of five stockholders, the
following persons shall constitute
the first board of directors, namely:
Il. e. Etchison, f. C. Buckelew, R.
Z. Mayfleld, H. H. Kennedy and 7. P.
Smith, with F. C. Buekelew as pres.
ident, Z. E. Eschison as vice presi-
dent, and R. l.. Mayfield as secre-
tary-treasurer. The said officers and
directors shall hold their offices
until the ist day Of January 1915, or
until their successors are duly /
elected and qualified. On the saidI
day in January 1915 and annually
a board of directors shall |
be elected, unless said day be legal
holiday, when the election will bel
held on the first secular day follow
Ing. Notice of said election shall be
siven BY ten days publication in one
Or the public newspapers published
ii said parish. On the same day the
directors so elected shall select
{rom their number the above named
tf1cers. At every election and