The Caucasian. (Shreveport, La.) 1900-192?, 1905-03-02
CHARTER
OF THE LOU ALLEN OIL COM
PANY, LIMITED.

| OF THE LOU ALLEN OIL COM
PANY, LIMITED.
State of Louisiana, Parish OF Caddo
Be it known that this day before me-
the undersigned notary public, in and
for Caido parish, Louisiana, duly COM
| missioned, qualified and sworn, came
and appeared the several persons whose
names are hereuntc subscribed, all resi-
dents of Cadio parish, Louisiana, who
| declared that, availing themselves Of
the provisions of Act No. IS Of 1888 OF
the General Assembly OF the State OF
Louisiana, as well as those of the general
laws of said state, relative to the Or
ganization Of corporations, they have
formed themselves, their associates and
successors into corporation for the OBJ
jeets and purposes ani under the agree
| ments and stipulations hereinafter set
forth, which they hereby adopt as their
charter.
ARTICLE I.
The name of this corporation shall be
Lou Allen Oil Company, Limited, and
by that name it shall have the power and
authority to enjoy succession for ninety
nine years, to cont act, Sue and be sued,
ami use a corporate seal; to hold, pur-
chase, lease, sell and hypothecate prop
erty, real and personal; and to name
managers, directors and agents as the
interest Of the corporation may require,
and to make such bylaws and rules for
the proper management of the affairs of
the corporation as may be necessary.
ARTICLE II.
The domicile OF this corporation shall
be in the city of Shreveport, Louisiana,
and all citations and other legal process
shall be served on the president. or in
his absence at the office of the company
according to law.
| ARTICLE III.
The object for which this corporation
lis organized and the nature of the busi-
mess to be carried on by it, is as follows
Ito develop oil, gas or minerals on any
4 property, owned, leased or controlled b,
|it or others, in the state OF Louisiana o;
elsewhere in the United States, and gen
leraily to do all things in furtherance
thereof. ..s...s !. ..5..ss..sas s.. ..s
l ARTICLE ".
i The capital stock OF this corporation
is hereby fixed at twenty thousand dol
lars, divided into two hundred shares
at one hundred dollars per share, PAL
value, full paid and worcestershire, eact
Ito be paid for in cash or its equivalent
where subscribed for; and said corpora
ton is authorized to commence business
when one hundred shares of said stocl
lis subscribed and paid for.
ARTICLE V.
The corporate powers of this corpora
ltion shall be vested in board of ii
|rcctors of five stockholders who shal
Ibe elected on the first Tuesday in Feb
ruary, 1906, and annually thereafter. Th
first board Of directors is declared to b
W. L. Foster, w. c. Agurs, R. X. Col
quit, c. NJ. Agurs and J. w. White
who shall serve until their successors ar
chosen. The officers Of this corporation
shall be president, vice president an
la secretary and treasurer, and the frs
Iof said officers are declared to be r
X. Colquitt. president; ]. w. White
vice president, and w. G.. Agurs, seere
/ tary and treasurer, and they shall sery
: until their successors are chosen, as here
i in provided for. A majority Of the stoc
present shall elect the directors. and !
: Iall elections or proceedings Of stoekho'd
n ers each share OF stock present or repre-
l. sented by written proxy shall be entitle
: Ito one vote. Notice Of all elections {
IS meetings Of stockholders shall be adve1
'e tised ten days in daily Shreveport p'
per; directors 10 be chosen at the Off,
: Of company.
" ARTICLE VI.
!. Failure to hold an election for dire
: Itors on the day named shall not dissol,
: the corporation, but the incumbent d
: lrectors shall hold over until their suece
:, sors are duly qualified and elected. A,
vacancy in the board shall be filled
the remaining directors The board
directors shall have the power to CO..
tract debts, borrow money, buy and lea
property, and to DO all things necessa
= to carry out the objects and purpos
of this corporation.
ID ARTICLE VII.
a. No sale of stock shall be valid