The Caucasian. (Shreveport, La.) 1900-192?, 1901-06-30


have the power and authority to enjoy
succession for ninety nine years, TO
contract. sue and be sued, and use
corporate seal ); TO hold, purchase, lease,
sell and hypothicate property real and
nersonal: and to name managers, d1-
irectors ard agents as the interest OF
the corporation may require, and to
make such bylaws, and rules Tor the
proper management of the affairs OF
the corporation as may be necessary.
ARTICLE II. a0a
The domicile OF TINS corporation shall
be IN the city of Shreveport, LOUISIANA,
and all citations and otner legal pro-
cess shall be served on the President,
or in his absence at the ONCE OF the
company according to law.
ARTICLE III.
The object for which this corporatlca
is organized is to develop oil, gas, or
minerals on any of its property IN
said parish; and to do all things -incl-
dental to or appertaining to SUCH BUSH
ness. ..
ARTICLE ".
The capital stock of this corporation
is HEREBY authorized to be twenty
Thousand, ($2oooo) Dollars, divided
INTO Two Hundred Shares at One
Hundred dollars per share, said stock
to be paid for in full when subscribed,
and said corporation is authorized to
commence business when Two Thous-
and Dollars Cor Twenty Shares are
subscribed for and paid up.
"a ARTICLE v.
The corporate powers Of this cor
poration shall be vested in Board OF
Directors r compostd of FIVE stock
holders who shall be elected an
nually on the first Monday IN May.
Ihe first Board of Directors IS declar-
ed to be CIV LANE, L. - carter, Ike
barron, s. B. Hicks and John Walling
Who shall serve until their successors
are chosen The otiders Of this corpora
ion shall be president, vice-presldent,
trea3urer and secretary, and the first
of said officers are declared to be {.
w. Lane, President; S. B, Hicks, Vice
President; L M Carter, Treasurer and
s. ~ kerley, Secretary, and they shall
serve until their successors are chosen
and said officers shall be elected annu-
ally on said first Monday in May. A
majority of the stock present shall
elect the directors, and in all elections
share of stock present or represented
by written proxy, shall be entitled to
one vote NOTICE Of all elections Or
meetings of stockholders shall' be adj
vertised ten days in a daily Shreveport
paper; directors to be chosen at office
of the company Under ghpervisloh of
three commissioners appointed. bv the
directors from the stockholders.
~ AsrtcIEu. ffiiii :
Failures tofhoId an election for d.
ectors on day, named shall not dissolve
the corporation, but the incumbent di-
rectors shall hold over until their sue
-essors are duly Qualified and elected.
ny vacancy in the board shall be
filled by the remaining directors. fiie
Board of Directors shall have power
to contract debts, borrow money, APP
alofnt genefai manager, and to- do, all
thngst necessary to cafry out the OBJ
JtSs kind purposes of this corporation,
ARTICLE VII.
No sale of stock shall be binding or
valid on this corporation until same
has been transferred on the books of the
corporation, which shall have the pref
erence in purchasing all shares offer
liable on any obligation of this cor
poration in any further sum than the
amount of unpaid balance on his stock.
On failure of stakeholder to pay for
stock subscribed, it shall be optional
with the board of directors either to
declare the delinquent shares forfeited
to the corporation or to sue the SUBJ
scriber Tor the price due thereon. All
cff,rl- go o ct,11 Co. hs.- H..
ASH ARTICLE VIM.
This corporation, is authorized to IN
crease its capital stock 10 Forty Ihous-
and Dollars by aStwo-thjrds vote of all
the stockholders at meeting held
according to lava SuolI original stock
holders shall have the right to partici-
pate III said increased issue of stock
IN proportion TO holdings ,of original
stockholders and in default thereof
the other stockholders shall first have
a nelt to purchase said stock, before it
IS offered to third persons.
ARTICLE TX.
MS charter may be changed, amended
or dissolved in any way-( except to in-
crease or diminish its capital stock
wfich shall he done. bytvote of two
tfdrds Of al stock present. with the
assent q tliree- fohrths of the stock
represented,a at a general meeting, of the
stockholders convened for this pur-
pose after thirty days previous notice
published in dairy Shreveport paper.
hepeyer this corporation is dissolved
b Z hnHeltibhl or otherk isei its [ affairs
shall be lquidated by three Commission
efs elected at a stock holders s1neSeng.
whp shall have full power to wind up
as aifaifs, Settle It's indebtddness and
qistnbute'the' proceeds among the stocl1-sI
- 10As shdi pissed at my 8fbce in
Idly Parish, Eouisiana, I'M tiieiqfes-
eiice Of W BaEahd and r.. HsM ayfieId.
competent witnesses, son - Tins ltlae Ath
Gay on s5une Ammo ,DomiHi Nineteen,l
E1u'larea sanda One .lIaas,l .,,..es,.,u,, !;
= ssn ~ sessMsi rA.liE u. ssssass,. l
DICK lindsay, :. -,
....1sz4- by c. w. Lane. - ~
GEORGE HOLBROOK. Il =
49,. by c. w. Lane i-.i',-ff1
tss'ssl S<sBtHtEKS,
by c. w. Lane.