The Caucasian. (Shreveport, La.) 1900-192?, 1905-02-23
CHARTER
OF THE ESHREVEPORT-TEXARK-
ANA OIL AND PIPE LINE
COMPANY.

-
COMPANY.
State of Louisiana, Parish of Caddo.
Be it remembered that on this, the otl
day of February, A. D. 1905, PERSONAL!
came and appeared before me at my of
flee in said parish and state, w. f
I Green. a resident of Tyler, State o
Texas; E. G. Allen, resident of sait
parish and state; J. B. Reynolds, resi-
dent of Texarkana, State of. Texas
C. F. Hamilton and c. S, Soaring, resi-
dents of said parish and state, who eacf
stated and declared to me notary thai
they have formed and constitute them
selves, as we'll as all others that may
hereafter become associated with them
in body corporate, Under the name anc
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, ane
have adopted this as their charter and ac
| of incorporation towit:
ARTICLE I.
The name of this corporation shall be
the Shreveport -Texarkana Oil and Pipe
Line Company, with its donlicile at the
city of Shreveport, said parish and state
under said corporate name it shall have
and enjoy the right of succession for g
period of % years from this date, unless
sooner dissolved in the manner herein
after set forth
ARTICLE II.
The object for which this corporation
is formed and the business to be carrie
m 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 tc
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,
cars, oil tanks and other neeiful appli-
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 fox ia cash OF
real estate at the time of the subscrip.
ton thereto, and it shall commence busi-
| ness whenever eighty-fve thousand dol
lars of its capital stock is subscribed for
and fully paid. Each share of stock
shall be entitled to one vote in all meet
ings of stockholders, either by its owner
in persen or bv-written- proxy, and ali
stock of said corporation shall be trans
ferable On the books of said corporation
at its domicile.
ARTICLE ",
This corporation shall have power to
| hold, buy and own both real and per
sonal property, to lease, or acquire, all
kinds of property; sell, mortgage or hy-
pothecate both real and personal prop
erty; to contract, Sue and be sued in its
corporate name; to make and use cor
porate seal and the same to change OF
alter at its pleasure to name and ap-
point such agents, officers, employees and
managers as its interest may require and
the same to discharge at pleasure, and tc
make and adopt such rules and bylaw:
as the interest and business of the cor
poration may from time to time demand
| ARTICLE v. @~
| The officers OF this corporation shal
be president, vice-president and secre
tary and treasurer, who shall hold Their
offices from the first Monday in Marcl
of 1905 until the first Monday O
March, 1906, or until their successor
are duly elected and qualified. All lega
process shall be served on the president
Dr. in his absence on the vice presi ient
or in the absence of both on the .secre
|tary and treasurer, at the office of tn
Icorporation in the city of Shreveport
La.
- ARTICLE VI. -- -
| The affairs Of this corporation shal
be managed by board of directors con
sisting of five stockholders, who shall
| elected annually by the stockholders a
Ia general stockholders meeting t
be held on the first Monday in
March of each year, and who s,la1
hold their Office for the period Q
one year Or until their successors ar
duly elected and installed, and fror
the board of directors so chosen, sal
board shall elect its president, vice-pres
iient and secretary and treasurer I
1.-The event of any vacancy occurring i
said board of directors the same shall b
filled by the remaining members of sal
board electing stockholder to fill OF
the unexpired term Of said vacancy. Th
FIRST board of directors shall be w. E
Croa.r ,.,f,,, eban H., rrae;do.,t r = A