The Caucasian. (Shreveport, La.) 1900-192?, 1905-03-19
CHARTER
OF THE SHREVEPORT-TENARK-
ANA OIL AND PIPE LINE
COMPANY.

State of Louisiana, Parish of Caddo.
Be it remembered that on this. the 9th
day of February, A. D. 1905, personally
came and appeared before me at my Of
flee in said parish and state, ". E.
Green, a resident of Tyler, State of
Texas; E.. G. Allen, a resident of said
parish and state; J. B. Reynolds a resi- i
dent of Texarkana, State of Texas;
| C. F. Hamilton and, c. S. Soaring. resi- !
dents of said parish and state, who each
stated and declared to me notary thar
| they have formed and constitute them
selves, as we'll as all others that NAV
| hereafter become associated with them, !.
in body corporate, under the name and
style and for the purposes and objects
hereinafter named, under and by virtue
of the laws of the State of Louisiana,
in such cases made and provided, and
have adopted this as their charter and act
|of incorporation towit: q
ARTICLE l.
The name of this corporation shall be
the Shreveport exarkana Oil and Pipe
Line Company, with its domicile at the
city of Shreveport, said parish and state;
under said corporate name it shall have
and enjoy the right of succession for a
period of 90 years from this date, unless
sooner dissolved in the manner herein
after set forth
ARTICLE II.
he object FOR which this corporation
is formed and the business to be carried
on by it are hereby declared to be to own,
operate, lease Or acquire oil and mineral .
lands, oil, contracts or leases pipe
lines for the conveyance of oil, and to d.
bore and develop such oil lands Or oil
rights, and operate oil wells, sulphur :
wells Or other mineral wells, and to own ].
and operate such lines of railway tanks, i
cars, oil tanks and other neeiful apph- j.
ances as may be necessary to carry into |
effect the purposes herein declared
ARTICLE III.
The capital stock of this corporation
shall be and is hereby fixed at the sum
of one hundred and fifty thousand dol &
lars, divided into one hundred and fifty
thousand shares of the par value of one
dollar each, to be paid for in cash or
real estate at the time of the subscrip-
ton thereto, and it shall commence busi- .
ness whenever eighty-hve thousand dol y
lars OF its capital stock is subscribed for
and fully paid. Each share of stock B
shall be entitled to one vote in all meet
tngs Of stockholders, either by its owner !
IN person Or by written proxy, and all
stock of said corporation shall be trans
Eerable on the books of said corporation .
At its domicile
ARTICLE ".
Ibis corporation shall have power to &
1old, buy and own both real and per- {
'onal property, to lease, or acquire, all n
<1nds of property; sell, mortgage or n.y. &
'othecate both real and personal prop
'rty; to contract, sue and be sued in its q
corporate name; to make and use cor s.
'orate seal and the same to change or &ss
liter at its pleasure; to name and ap- "a
'olnt such agents, officers, employees and
managers as its interest may require and d
ne same to discharge at pleasure, and to :
make and adopt. such rules and bylaws &
S the interest and business of the cor ii
Grafton may from time to time demand.
ARTICLE V. .
The officers of this corporation shall, .
e a president, vice-president and secre- q
ary and treasurer, who shall hold their !
ttices from the first Monday in March i
1905 until the first Monday OF (
1arch, 1906, or until their successors
re duly elected and qualified. All legal ),
recess shall be served on the president,
IN his absence on the vice presi lent,
IN the absence of both on the secre-
'ry and treasurer, at the office Of the
orporation in the city of Shreveport,
ARTICLE VI.
The affairs of this corporation shall
: managed by board of directors con-
sting OF five stockholders, who shall be .
ectei annually by the stockholders at
general stockholders meeting to 8
held on the first Monday in =.
arch of each year, and who shall Z
I'D their Office for the period Of
lie year Or until their successors are
lily elected and installed ard from
e board of directors so chosen, said
ard shall elect its president, vice pres
ent and secretary and treasurer In
event of any vacancy occurring in
id board of directors the same shall be i