The Caucasian. (Shreveport, La.) 1900-192?, 1901-08-25
CHARTER
OF
The Atlanta aud Shreveport
Oil and Gas Company,
Limited.


be 1t known that this day before
me, Allen Kendall, a notary public in
and for Caddo Parish. Loui- ana d,lv
commissioned, qualified and ewo-r
ZANE and appeared the several nersonS
whose names are hereunto subscribed
VINO declare, that availing tbemeei,,eS
VI inc provisions of Act No. 26 OF 1893
OF the General Assembly of the Sts|e
u LOUISIANA, az well as those of the
eneral Laws of said state relative 70
me organization of corporations thew
nsSe Yforrned themselves, their associ,
Stes and successors into a CORPORATION
.or tne objects and purposes and nader
me agreements and stipulations here.
matter set forth, which they hereby
ADOPT as their charter
ARTICLE 1.
Inc Eane of this corporation shall
DC THE ATLANTA AND
HREVEPORT Oil AND GAS
SOMPANY, LIMITED" and by fiat
name 1t shall have the power and an
ihority to enjoy succession for fiftv
years, to contract, sue and be sued and
use corporate seal; to hold. purchase.
ease, sell and hypothecate propertv
real and personal; and to name man
ayers, directors and agents as the in
terest of the corporation NAV require
and to make such bylaws and rules
tor the proper management of the az
9Rirs of the corporation as NAV be
s''sFy- :. ''l'I '' may DC
ARTICLE II.
The domicile of this corporation
snail be in the City of Shreveport.
louisiana, and all citations and other
legal process shall be served on the
president, 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
appertaining to such business
ARTICLE ".
1 ne capital stock of this corporation
hereby authorized to be One Hun
dred and Twenty Thousand ($I2oooo.
oo) 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
eral lards and said corporation is au-
thorlzed to commence business when
Twelve Thousand Dollars Cor 40
shares are subscribed for and paid up.
ARTICLE Y.
The corporate powers of this cor
poration shall be vested IN a board of
directors composed of We 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.
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.
Duhklin, president; M. NJ
B4aiitt, Treasurer and .......
Secretary, and they shall serve until
their successors are chosen and said
officers shall be elected annually on
said first Monday in May. A majority
of the stock present shall elect the d.
rectors, and in all elections or proceed
ings of stockholders each share of
stock present or represented by written
proxy, shall be entitled to one vote.
NStice of all elections or meetings of
stockholders shall be advertised ten
days in a daily Shreveport paper; di-
rectors to be. chosen at Office of the
company under supervision of three
commissioners appointed by the di-
rectors from the stockholders.
ARTICLE VI 4
Failure to hold an election for d.
rectors on day L7med shall not dissolve
the corporation. but the incumbent d.
rectors shall hold over until their sue
cessors are duly qualified and elected
ANY vacancy in the board shall be fill
ed BY the remaining directors. The
sSrd of Directors shall have power to
contract debts, borrow money. appoint
a general manager and do all things
necessary 10 carry out the objects and
urposes 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 have the prefer
ence in purchasing all shares offered
for sale. No stakeholder sha,I be La
bic on anv obligation of this corpora
ton, in any further sum than the
am5rEt of rrpaid balance on his stock.
On failure of a stakeholder to pay
for stock subscribed, it shall be op-
tioaaI %i.h the Pcarc Of Directors Ell
ther to declare he delinquent shares
forfeited to the corporation or to sue
the subscriber for the price due
thereon.
ARTICLE VIII.
This corporation IS authorized to in
crease It's capital stock to Two Hum
bred and Forty Thousand Dollar b
. two-thirds vote of all the stocxhOld
ers at meeting held according to law.
Such original stockholders shall have
the ft to participate in said increas-
ed issue of stock in proportion to hold
ings Of original stockholders, and in /
default thereof the other stockholders
shall first have right to purchase said
stock before it is offered to third per-
sons.
ARTICLE TX.
This charter may be changed, amen
ga or dissolved in any way (except |
- 1900 - - Isrr,srecb re ra0stal et@~f-