The Green Forest tribune., 1901-09-14
HALF MILLION CAPITAL.
Green Forest Oil & Gas Com.
 pany Duly Incorporated.

Articles of incorporation of the Green Forest Oil & Gas Company have been filed with the Secretary of State this week This step was decided upon at a meeting of the stock holders last Saturday after noon, at which time the trustee of the company reported leases secured on over 2500 acres of land.
 Following is a copy of the ar- ticles of agreement and incorpor- ation of the Green Forest Oil & Gas Company filed with the Sec- retary of State this week:
 "Know all men by these pres ents:-That the incorporators hereinafter named have this day and by these presents, formed a corporation under and in pursu- ance of the laws of the state of Arkansas, and in that behalf provided for Interpretations manufacturing and other lawful purposes, and in evidence there- of do hereby execute the follow ng articles of incorporation:-
 ''1st. The name of said cor poration shall be the Green For est Oil & Gas Company
 ''2nd. The .corporators are G. M. Wallace, G. V. Poynor, w. R. Phillips, A. J. Russell, G. R. BLasingame, P. H. Oliver, c. B. Grim, Jeff Harbert, T. K Hubbs, A. M. Webb, W. A. Butt, c. A. Ramsey, T. s. Phillips, I T. Shahan, G. N. Norris, c. c, KirlSham, Irwin Whitaker, J. R. Holloway, F. $. Hoag, J. c. Har- bert, Jesse Goforth, James Wild ing, T. w. Goforth, l.. V. Porter w. c. Hanbury, T. c. Ramsey F. o. Butt, ". A. Butt, Jr., H W. Jernigan, V. F. Ramsey.
 "3rd. The place of business E to be located at Green Forest and state of Arkansas, and it's office for the transaction of business shall be in said town or at such other place as the board of direc- tors may select.
 "4th. The general na ature of the business to be transacted by this corporation is as follows To buy and sell land for min = era], purposes, to buy and lease lands for prospecting for min eral, gas and oil for developing same.
 "5th. The amount of the capi . tai stock of said corporation shall be five hundred thousand dollars of which twenty five thousand dollars has been sub- scribed by the corporators aforesaid and the residue thereof may be issued and disposed oi as the board of directors may from time to time direct. Said stock shall be nonassessable.
 "6th. The said capital stock shall be divided into 1000 shares of the value of twenty five dol lars each.
 "7th. The affairs and business of this corporation shall be con : ducted and controlled by board of directors, consisting of nine members each of whom shall be a stock holder of the corpora tion. Said board of directors shall elect one of it's members president, and one of it's mem- bers vice president, and shall al- so elect. a secretary, and treas urer and may elect an attorney
 18th The first election of di- rectors shall be held immediately after the organization of the cor poration, and said directors shall serve for one year and until their successors are elected and quail : fled.
 "9th. The board of directors are empowered to ordain and es- tablish all by laws and regula- tions necessary to the manage ment of said corporation, and altar and repeal same at pleas ure.
 ''10th. The first meeting of the board of directors, when elected, ] and said corporation for the or ganization same, and election of such board of directors, shall be held in Green Forest, Ark, on the 2nd day of July, 1901, at 2 o'clock on the afternoon of said