The southern sentinel. (Winnfield, La.) 1883-1910, 1903-08-14
CHARTER.
State of Louisiana.
Parish Of Ninn.

State of Louisiana,
Parish OF Winn.
sc Il remembered that ON this the 18th; day
3r Jnne. 4. ID. 1898. ". (. Nachtn, j. W. Elliott,
Dnrham. a. p. Collins O. NJ. Grisham. C. H.
Eslfott. 81. + Maehen Jr., G. NJ Durham, l. J.
Jennings j. NJ Durham, l.. ID Jones, J. y
Holmes. @. v. Fletcher, X. IL. Fletcher, f. +
smith W. c. Kirkland, D. l.. Kirkland, j. W
3oyctt. sr.. j. w. Boyest, Jr., ". Z. James, u
y James W. Z. Abrams, G. G. Allen, W. ;.
ally ana by# proxy appeared before me, John H.
Mathews. \ Notary Public IN and Tor the Par
ish Of VIM, La, duly commissioned ana
qualified, and in the presence OF the witnesses
hereinafter named and undersigned, declared;
That ayailing themselves Of the laws of this
gf Acts No rs of 1885 ana l5A OF 1902 of the Gen
eraI Assembly oi Louisiana. They have cove
nanteS and agreed and by these presents cove
tsn.lt and agree. and bind themselves rs We'll
IS aaca other persons as may hereinafter be
associated with them TO FORM and constitute :
cooperation, a body polite in law for the pur-
poses s.sta objects, and under the supelaiaois
s.1.d provisions hereinafter set forth, which
they hepeby. accept and constitute rs their
7''''' y = Y = AarlcLE ONE.
The name and title of The said corporation 70
he the North Louisiana Oil szsd Minef.l Com
.,s~ Limited and is diiniS.le is hereby estao
sssss,,, al W inassela Parish of Vim, State of
tse;,isisua. ans, under its said corporate name
said corporation shall have power ana author
isv 70 contracs. sue and be sued; to make and
use cor ssoratS stssi AND the SAME 10 ult-sA
ana alter 1t pleasure. TO hold. receive, have
purchase. improve aiilelaies convey, sell, DOT
row, pledge. mortgage and hypothecate under
its said corporate nanses property, rsal, per
r.r...af and mixed; 10 name and appoint sach
officers, direct lrs- agents and and managers, or
employers as the interest or convenience OF
said corporation may require. to make and es-
;ablish bylaws rules and regulations OF its
affairs, Is may be deemed necessary and proper,
and the sanfe to reasonably change anu alter
At pleasure; ami dc ali other acts and things
permitted ny law, or shall or may be neces-
ssary- aud proper TO carry out the objects and
purposes of said corporation. Said corpor-
alton unless sooner Dissolved by a majority Of
its stockholders, shall exist and continue for q
period'of ninety-nine years, from and after the
ARTICLE TWO.
salts for said corporation shall be brought
in the name of The corporation by lis presi-
dent. or IN his absence or inability to act, in
/ the nanae of General Manager, and I'll process
and citation shaii be served On the President
or General Manager at the domicfle and Office
OF the Company. and IN case OF the absence or
death. or inability 10 acs from any cause of
she Secretary. The officers of this corporation
shall be d President, LIST Vice President, and
Vice President, Secretary and Treasurer.
The Treasurer, If the Board o. Directors shall
so require, shall give bond. the amount of
which, the said Bosrd shall. determine. Each
officer shall be a stock holaer in the said Com,
pany, and shall be selected annually by the
Board OF Directors and serve un,il their sue
cessors are elected. however, such officers will
Board for good cause shown at any time before
ARTICLE THREE.
Tae objects and purposes COR which this
Corporation IS organized, aud the nature of the
business 10 De carried on by il, are declared to
b. tire fsliowinss fo-wit: To buy, purchase
and oIherwiss acquire, by deed Of git, will or
otherwise, ta own, have and hold, TO sell,
oo1vey and dispose OF lassd and lea:es, oil. gas
stone, coal. lead, zinc, copper, gold, silver.
platinum. and all other minerals and mineral
Ha -f1f ntn n
ton, by amy process known to the law; TO own
and operate mines, drills, pumps, and mining
machinery in every form and character, pipe
lines. tanks, elevators and refneries, in short
all kinds and character of machinery for the
boring. pumping. refining, piping, tanking.
barrei,ng and shipping, and marketing oil, and
al afher kinds and character Of machinery
necessary for the mining manufacturing and
marketing of a-y and all mineral deposits: TO
construct, own aud operate railroads, tram
roads, electric plants aud to manufacture. buy
and sell OH. coal. gas, and all other character
and kinds OF minerals and mineral deposits
TO buy and sell oil, coal, gas, and all other
kinds and character of mineral bearing lands:
To own, buy. aad sell town lots. buildings etc
and 70 do all other things necessary for the
objects.
ARTICLE FOUR.
The capital stock shall be One Million DOL
lars divided into one million shares at One
Dollar each. with the privilege Oh beginning
operations uuder this charter when TWENTY
Hxe Thousand Dollars have been subscribed
ARTICLE FIVE.
The corporate power of this corporation
shall be vested in q board of directors to he
composed in not less than fifteen and ma
jority of said bcrrd of directors shall CONSTITUTES
aquorun. The stock holders shall hold regu-
lar annual meetings, the time OF which shaIl
be designated in the By Laws Of the cornora
ton, and at such meetings shall elect a board
OF directors and transact any other lawful.
business that may come before their meeting
The said board OF directors shall meet Whit,
seven diys after the regular annual meeting
% stockholders, and at snch meetings elect 4
President, First Vice President, Second Vice
President, Manager and Secretary Treasurer
and such other officers as they may deem nee
essary TO serve for next insuing year.
The hrst Board of Directors. however shall
and are declared to to he. NJ. 4. Machen. A. r.
Collins, ID. E. James, C. Fl, Elliott. j. nj. Lee
Per: L. D. Jones. D. B. Coates. ]. L, Durham,
]. ". Boyett, Sr. w. s. Kelly, ". w NcCartv.
=. ~ Grisham, and thev are hereby given tie
power and authority to elect such osicers as
Re r aes essh sos holder sss al
9e entitled 70 one vote fer each share OF stock
=. nesa ~ nun and these votes must be cast By
Sae .sosk hoiccT IN person or by proxy. an
thori1ed In any manner that NAV be REQUIRED
oy the Board OF Directors under their pensrai
raiss ana oy-laws. and the majority of the votes
/, cast shalt elect. The Board OF Directors shall
make such bylaws and regulations as NAV he
necessary Tor the proper management of TIE
business ,s q TINS corporation and shall change
or amend the same as they deem best, ans;
ssasli mare the power TO provide for, contract
debts, borrow f:lcney. issue bills OF exchange
notes acceptance. execution of mortgages and
~ poshecations and for doing all other thirrs
Y aueut 10 the objects and purpose or his
rosporation, and shah have the AUTHORITY 4.
vest the General Manager with such OF thcsa
powers as they see Mt.
ARTICLE SEVEN.
osssolk- holder shall In any event be liable
Tor tho contracts OF faults OF the cfficers Of
saias cooperation beyond aug unpaid balances
that KAY be due by him TO the Corporafion IN
Sfock owned By him. Shares OF stock NAV be
conveyed sold or transferred by giving fen
days notice to the President OF the number 81
shares Of stock 70 be sold and the price for
which the said sale Is to be made. who shall b
turn notify the other stockholders aud thss
shsE have the option Of buying the stock
offered for sale BY paying its actual ralue first
Gcdncliug any halnace tAat he mas oEe the
Company. provided, however. the ADORE shall
not apply ~ the present Shareholder until
NitsT sAe expiration e one year from che date
30 person shzik have HE slsht 10 note ON /
x14Ecs ~ ste$1 Transferred n1f0 The transfer /
1a<zt 1e1k 1af4 heesl sl1sle - - tooks q theI