The Caucasian. (Shreveport, La.) 1900-192?, 1901-08-14
CHARTER
OF
The Atlanta aud Shreveport
Oil and Gas Company,
Limited.

NALAl lO0s
etate of Louisiana, Parish of Caddo-
be 1t known that this day befor,
me, Allen Kendall, a notary public !,
and for Caddo Parish, Loui.:ana, dull,
commissioned, qualified and sworn
Cdrne and appeared the several persou
whose names are hereunto subscribed
VINO declare, that avaiiing themseIve,
OF the provisions of Act No. 40 OF 1895
OF the General Assembly of the Stat,
OF Louisiana, az well as those of th,
General Laws of said state relative II
tie organization of corporations. the,
have formed themselves. their assoc.
ates and successors into a cornorat;or
tor the objects and purposes and unde,
the agreements and stipulations here
matter set forth, which they bcreb,
adopt as their charter.
ARTICLE l.
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 fiftv
years, to contract, sue and be sued and
use 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 NAV REQUIRE.
and to make such bylaws, and rules
Tor the proper management of the af-
falrs OF the corporation as may be
necessary.
ARTICLE III.
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
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
appertalning to such business
ARTICLE ~.
he capital stock of this corporation
hereby authorized to be One Hun
dred and Twenty Thousand (SI2oooo.
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 lai DIS and said corporation is au-
thorized to commerce business when
Twelve Thousand Dollars Cor 100
shares are subscribed for and paid I'D.
ARTICLE v.
The corporate powers of this cor
poration shall be vested IN a 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. NJ Greene, w. H. Wad-
kins, r. s. Allday, ]. B. Roberts, s A.
Watkins, who shall serve until their
successors are chosen. The officers of
this corporation shall be a president,
vice-preSident, ire Isurer and secretary,
and the first of said officers are declar-
ed to be L. F. Allday, President; R. P.
Dunklin, Vice-President; NJ. NJ.
Pruitt, 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. |
NJtice 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 d. |
rectors from the stockholders.
ARTICLE VI
Failure to held an election for di-
rectors on day lJmed shall not dissolve
the corporation, out 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 bv the remaining directors. The
card of Directors shall have power to
contract debts, borrow money, appoint
a general manager and do all things
pteessary to carry out the objects and
IMPOSES of this corporation.
ARTICLE VII.
No safe 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
an.0t.rt of rrpaid Balance on his stock.
On failure of a stakeholder to pay
for stock subscribed, it shall be op-
tioasl ~i.h the Beard Of Directors ei-
fher to declare The 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 IFS capital stock to Two Hun
dred and Forty Thousand Dollar, b
= two-thirds vote of all the stockhOld
ers at a meeting held according to law.
Such original stockholders shall have
the right 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 {
ded or dissolved in any way (except \
20 increase or diminish its capital stock. a
which shall be done by vote of two S
thirds of stock present) with the as
sent of three-fourths of the stock rep e
resented at general meeting of the '
stockholders convened for this pur-
pose after thirty days previous notice
published in a daily Shreveport paper.
whenever this rornOraffoxt se d,ecof...I \