The Caucasian. (Shreveport, La.) 1900-192?, 1905-03-14
CHARTER
OF THE SHREVEPORT EXARK-
ANA OIL AND PIPE LINE
COMPANY.

flee in said parish and state, w. E
Green, a resident of Tyler, State Of
Texas; E. G. Allen, a resident of sale
parish and state; ]. B. Reynolds, resi-
dent of Texarkana, State of Texas
IC. F. Hamilton and c. S. Soaring, resi-
dents of said parish and state, who each
stated and declared to me notary that
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 and
style and for the purposes ard 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:
ARTICLE l..
The name of this corporation shall be
| the Shreveport II xarkana 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 % 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 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 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 for in cash or
real estate at the time of the subscrip-
ton thereto, and it shall commence bust
ness whenever eighty-fve thousand doll
lars ofsits 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 person or by written proxy and all
stock Of said corporation shall be trans
ferable on the books Of said corporation
at its donicile.
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 a cor
porate seal and the same to change or
aiIer az its pleasure 70 name and ap-
point such agents, officers, employees and
as its interest may require and md
ne same 70 discharge at pie2 sure, and to |
make ana adopt such rules and bylaws
g the interest and business OF the COZ
'oration may IRON time to time demand.
ARTICLE
The officers Of this corporation shall:
,e president. vice president and secre-
airy and treasurer, who shall hold then
,ffices from the first Monday in March
# 1905 until the first Monday of
March, 1906 or until their successors
re duly elected and qualified. Ali legal
recess shall be served on the president,
i in his absence on the vice Hesi Dent
L in the absence Of both on the secre-
ary and treasurer. at the office OF the
in the city Of Shreveport,
j.
ARTICLE VI.
The affairs 81 This cernorat;on shall
] managed ~ ! hoard &c directors cor-
;stinc of five stockholders wha shall 4. !