The Caucasian. (Shreveport, La.) 1900-192?, 1901-08-28
=. CHARTER
-. OF --+
The Atlanta aud Shreveport
Oil. and Gas Company,
b. Limited.

the agreements and stipulationS here
matter set forth, which they hereby
adopt as their charter.
ARTICLE /.
The name of this corporation shall
be THE ATLANTA AND
HREVEPORT OIL AND GAS
COMPANY, LIMITED" and by that
name it shall have the power and au-
thority to enjoy succession for fifty
years, to contract, sue and be sued and
use a corporate seal; to hold, purchase,
ease, sell and hypothecate property
real and personal; and to name man
ayers, directors and agents as the in
terest of the corporation may require,
and to make such bylaws, and rules
for the proper management of the af-
fairs of the corporation as may be
necessary.
ARTICLE II.
The domicile of this corporation
shall be in the City of Shreveport,
Louisiana, and all citations and other
legal process shall be served on the
Ipresident, or in his absence at the Office
of the Company according to law.
ARTICLE III.
The object for which this corpora
ton is organized is to develop Oil, Gas
or Minerals on any of its property in
said parish or in. the State OF Louisiana
and to do all things incidental to or
Iappertaining to such business.
ARTICLE w.
The capital stock of this corporation
hereby authorized to be One Hun
ldred and Twenty Thousand ($I2o,ooo.
loo) Dollars. divided into Twelve Hun
dred shares, at one hundred dollars per
share, the said stock to be paid for in
full when subscribed in money or min
Ieral laIds and said corporation is au-
Ithorized to commence business when
Twelve Thousand Dollars Cor I2o
shares) are subscribed for and paid up,
ARTICLE v.
The corporate powers of this cor
lporation shall be vested N board Of
( directors composed of FIVE stock
: holders who shall be electe annually
on the first Monday in May.
! The first board of directors is de-
clared to be F. M. Greene, w. H. Wad-
kins, R. S. Allday, J. B. Roberts, S. A
4 Watkins, who shall serve until Their
successors are chosen. The officers OF
: this corporation shall be president
vice-president, treasurer and secretary
! and the first of said officers are declar-
: ed to be L. F. Allday, President; R. P
: Dunklin, Vice-President; M. M
1 Pruitt, Treasurer and ................
Secretary, and they shall serve unit
r their successors are chosen and saiC
1 officers shall be elected annually on
said first Monday in May. A majority
of the stock present shall elect the di
i rectors, and in all elections or proceed
ings- of stockholders each share o.
stock present or represented by writer
proxy, shall be entitled to one vote
!, N9tice of all elections or meetings o
!. stockholders shall be advertised tel
!. days in a daily Shreveport paper; di
4 rectors to be chosen at Office of TIL
4 company under supervision of thre
d commissioners appointed by the di
: rectors from the stockholders.
o ARTICLE VI
r Failure to hold an election for di
# Irectors on day named shall not dissolv
Is the corporation, but the incumbent di
Irectors shall hold over until their sue
: lcessors are duly qualified and elected
n ANY vacancy in the board shall be fill
le ed by the remaining directors. TIL
vi &xrd of Directors shall have power t
r contract debts, borrow money, appoin
le general manager and do all thing
D necessary to carry out the objects an
m urposes of this corporation.
or ARTICLE VII.
No sale of stock shall be binding O
valid on this corporation until sam
has been transferred on the books G
: the corporation, which have the prefer
ence in purchasing all shares offere
for sale. No stakeholder shall be La
y bic on anv obligation of this corpora
D, ton, in any further sum than tn
~ amoUnt of rrpaid balance on his stool
4 On failure of a stakeholder to pa
III for stock subscribed, it shall be OF
= .ionsl nth the Rcarc Of Directors c
Their to declare the delinquent share
forfeited TO the corporation or to 81
" the subscriber for the price du
g thereon.
- ARTICLE VIII.
This corporation IS authorized to II
crease its capital stock to Two Hun
dred and Forty Thousand Dollars B
a two-thirds vote of all the stockhOlc
ers at a meeting held according to Law
Such original stockholders. shall hay
Z the right to participate in said increal
IL ed issue of stock in proportion to holC
o. ings of original stockholders, and
2 default thereof the other stockholdel
u shall first have a right to purchase sal
|. stock before it is offered to third PEI
II sons.
a ARTICLE TX.
This charter may be changed, amer
d ded or dissolved in any way (excel
= to increase or diminish its capital stocl
u which shall be done by vote of two
}, thirds of stock presently with the a.
sent of three-fourths of the stock rel
raaeufed at a general meeting of III