The Caucasian. (Shreveport, La.) 1900-192?, 1905-04-27

conditions hereinafter named, to-wit:
ARTICLE l.
The name of this corporation shall b
the "A. J. Hammer Oil Company" an
under said corporate name it shall hav
and enjoy succession for a period Q
twenty five years unless sooner dissolve
ii in the manner hereafter stipulated wit
its domicile at the City of Shreveport
Parish of Caddo, State of Louisiana.
j ARTICLE II.
The object of this corporation and it
purposes are hereby declared to be t,
own, lease, acquire and operate OF
wells, oil lands, and to bore for oil, ga
or other minerals in the State of Louis
lana or in the State of Texas, and K
own, lease an doperate pipe lines, ,anl
cars, or other means of transmitting OF
or other minerals, and generally to dc
and perform any and all acts that ma,
be necessary in carrying out the pur
poses of this charter
ARTICLE III.
The capital stock Of this corporation
shall be FIVE hundred thousand dollars
divided into twenty thousand shares Of
twenty five dollars each, and it shall
commence business whenever two hun
dred and fifty thousand dollars of it.
capital stock shall have been subscribed
and paid for in full No stock shall be
issued except for property, services
labor or other valuable consideration
paid at the time of its issuance, and said
stock shall be transferable only on the
books of the corporation at its dcmicile
ARTICLE ".
The affairs of said corporation shall
be managed by board of directors con-
ssting Of three stockholders, who shall
be elected annually at a stockholders
meeting called for that purpose on the
hrst Monday in April Of each year, and
said board of directors shall hold office
until their successors are duly elected
and installed. The first board of direct
ors shall be A. J. Hammer, who shall
be president and general manager; f. L.
Edwards, vice president and assistant
general manager, and W. H. Blackburn,
who shall be secretary and treasurer,
and they shall hold their Offices until the
first Mo1lay in April, 1905, or until their
successors are duly elected and installed.
ARTICLE V.
All legal process shall be served on
vice president, Or in the absence of both,
vice president, or in the absence of both,
on the secretary and treasurer, at the
domicile of the company.
ARTICLE VI.
Said corporation shall have power to
sue and be suel, to plead and be i'm
pleaded, to contract ana be contracted
with. to buy, sell, mortgage or lease
real and personal property, to make and
use a corporate seal and the same to
alter at pleasure, and to make and
adopt such rules and bylaws as the in
terests Of the said corporation may
from time to time require.
ARTICLE VII.
At all meetings of stockholders each
share of stock shall be entitled to one
vote, either in person or by written
proxy, and all meetings of stockhol der,
shall be prece led by thirty days notice,
published in one of the papers of the
City of Shreveport, and by written no.
ice mailed to each stakeholder through
he mails to his postoffice address, pro-
'ided that by unanimous consent all of
he stockholders such notice may be dis
,ensed with and such meetings held
;ooner
ARTICLE VIII.
Whenever this corporation is dis
olved by limitation or otherwise, its af-
airs shall be liquidated by two commits
toner's elected for that purpose at a
General meeting of the stockholders
allied for that purpose, and they shall
i've such bond and security for the
delity Of their administration as the
tockholdeds may require. Whenever by
vote Of two-thirds of the stock, the
dissolution of this corporation is de-
ired, same shall be dissolved before the
ermination of the time herein stipulated,
UGH vote shall be taken at a general
leeting of the stockholders after due
Office as herein provided. |.
This charter may be changed, amend
or altered by vote of majority OF
lie stock at any meeting called for that t
urpose, after due notice to all of the
stockholders in the manner provided {
erein. ID
ARTICLE TX. II
No stakeholder shall ever be held t
able for the contracts or faults of this
in any greater sum than the
Mount due BY him on the stock sub /