The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1901-07-11
CHARTER OF THE
North Louisiana Oil and Mineral
Company, Limited.

limited States of America-State of
Louisiana-Paris of BossieT.
nait known that on this the 2Sth day
Is OF May, in the year of our Lord
one thousand, nine hundred and one, and
of the independence of the United States
ri America the one hundred and twenty
fifth. before me, John G. Allen, Notary
pubiic in and for the Parish of Bossier,
State OF Louisiana, aforesaid, duly COM
missioned and qualified, in the presence
of the witnesses hereinafter named and
Undersigned, personally came and az
neared the several persons whose names
are hereunto subscribed, who seYerally
declared that, availing themselves Of the
laws of the State Of Louisiana in such
eases made and provided, they have
contracted and agreed and do by these
presents covenant and agree and bind
themselves, as we'll as such persons as
NAV hereafter become associated with
them to form a corporation for the objects
and purposes and under the articles and
stiprlations following, to-wit:
ARTICLE /.
The name of the said corporation shall
he the NORTH LOUISIANA OH. AND MIN
ERaL COMPANY, Limited, and under its
said corporate name it shall have the
power and authority to have an1 enjoy
succession for the full term and period
OF ninety-nine years from and alter the
date thereof; ito contract, sue and be sued;
to make and use q corporate seal, and the
same to break or alter at pleasure; to
hold, receive, lease, purchase and con-
vey, as well as mortgage and hypOthe-
cate, property, real, personal and mixed,
corporeai and incorpoTeal; to name and
appoint sach managers, agents, directors
and officers, as its business interests and
convenience may require; and to make
and establish, as well as alter and amend
from time to time, such bylaws, rules
and regulations for the proper govern
ment OF the affairs OF said corporation as
may be necessary and proper.
ARTICLE 2.
The domicile of said corporation shall
be in the townof Plain Dealing, Parish
Of Bossier, and State Of louisiana, and
all citations or other legal process shall
be served upon the President CT said
corporation, or in the event OF MS a5-
sence, upon the First Vica-Presidert
thereof, and in the absence of both Of
said officers, upon the Secretary Of said
corporation.
ARTICLE 3.
The objects and purposes for w;1ich
this corporation is established, and the
nature OF the business to be carried On
by it are hereby declared a1i specified to
4 be, to own, lease and ope. ate mines and
mineral oil wells, and gas and minerals;
to refine and otherwise manufacture oils,
minerals and gas, and their by products,
and to Iaat end TO lease, own, construc Is
anloperate rafiaeries and manufactures, II
carry On a gcnaEai mercantile business,
tossore, warehouse and transport mineral
ois, gas and minerals, for hire by means
OF pipe line, vessels, baTgoS or tank ears,
ard to that end to lease, own, construet
and operate pipe lines, pumping stations,
storage tanks, tank cars, barge vessels,
TharYes and warehouses; and generally
to hold and exercise all such Incidental
powers and privileges as relate to the
objects hereinbefore set forth.
All of the above corporate functions
may be performed both in the State OF
Louisiana and in any other States OF
this Union.
The Company shall also have power by
vote OF majority OF its stockholders to
lease any OF its properties, real, personal
OF naked, to any person or corporation
authorized to take such lease.
ARTICLE /.
The capital stock Of said corporation
is shereby fixed at the sum of ten thousand
Collars, divided into and represented by
ono thp1f-n>,l lsLr, - ! i.1i
and may be further Increased on comply
lhg with existing laws. This corporation
may begin business as a corporation
when three hundred shares Of said capital
stock shall have been subscribed for
sad shares OF stock may be issued fol
money PAID or property received.
ARTICLE 5.
Alithe corporate powers of said corpo-
ration shall be vested in and exercised by
tne Board OF Directors, to be composed
Vi eisven stockholders, to be elected an
naaliy on the hrs5 Monday in July in each
year. except the first Board of Directors
appointed in this Charter, who shall hold
neir Offices until the first Monday in July
nineteen hundred and two I912), or unit
laeir successors are duly elected anG
quahhed. All such elections shall be by
Miiot, and conducted at the Office Of sait
cotpofation under the supervision 0.
ntee commissioners to be appointed by
ne Board of Directors. Notice of sucf
sslseaon sase shall be given by publication no
ess than ten days prior to such election
~ one OF more newspapers published il
ae I rafish OF Bossier or City of Shreve.
pit, or by official notice from the Secre-
~! ana Treasurer of said corporation
livery holder OF stock shall be entitled tt
S.le vote for each share Of stock standing
nis name on the books of the Compa.
", % be east in person or by proxy, ant
majority OF the votes cast shall elect
Any vacancy occurring among tht
raecsors BY death, resignation, or other.
WISE, shall be filled by election for tn,
..sslialader of the term OF the Board b,
sas ls remaining Directors. A failure t.
AZ AZ. D1rectors on the date above speci
hs,s s saaiI not dissolve the corporation
-. me Directors then in Office shall re-
a,sl Ialh N Office until their successors ar,
s,sc.ed and qualified, and shall caus
n aoaier election to be held as soon a
yS'ssieie sSm9 thereafter, after notice thereo
g Gu nge nave been given as above provided
=. "a = directors shall constitute quorum
q "a ~ slle transaction OF any business.
A. ne e hrst Board OF Directoes named il
" uiS Jharter shall in,r,aS;s+ol,v ,,,,,,, ~