The Caucasian. (Shreveport, La.) 1900-192?, 1905-03-09
CHARTER
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 ant
for Caddo parish, Louisiana, duly com
missioned. qualified and sworn, cam
and appeared the several persons who's
names are hereunto subscribed, all resi-
dents of Cadio parish, Louisiana, witt
declared that, availing themselves o
the provisions of Act No. Sc Of 1888 O
the General Assembly of the State o
Louisiana, as we'll as those of the genera
laws of said state, relative to the or
ganization of corporations, they hav'
formed themselves, their associates ant
successors into corporation for the OBJ
jects and purposes and under the agree
ments and stipulations hereinafter Sc
forth, which they hereby adopt as thei1
|charter.
ARTICLE /.
The name of this corporation shall bt
Lou Allen Oil Company, Limited, and
by that name it shall have the power and
authority to enjoy succession for ninety
nine years, to contract, sue and be sued
and use 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
is organized and the nature of the bust
ness to be carried on by it, is as follows:
To develop oil, gas or minerals on any
property, owned, leased or controlled by
it or others, in the state of Louisiana or
elsewhere in the United States, and gen.
orally to do all things in furtherance
hereof. ,--s 7
ARTICLE w.
The capital stock of this corporation
$ hereby fixed at twenty thousand dol
ars, divided into two hundred shares
Il one hundred dollars per share, par
'alue, full paid and worcestershire, each
o be paid for in cash or its equivalent
where subscribed for; and said corpora
ion is authorized to commence business
when one hundred shares OF said stock
) subscribed and paid for. -
ARTICLE v. .% i
The corporate powers of this corpora
ion shall be vested in board of ii-
ectors OF five> stockholders who shall
{ elected on the first Tuesday in Feb
nary, 1900. and annually thereafter. The
rst board of directors is declared to be
Y 1. Foster, w. c. Agurs, R. K. Col
uitt, G. M. Agurs and ]. w. White,
tho shall serve until their successors are
hosen. The officers of this corporation
hall be a president. vice president and
secretary and treasurer, and the first
said officers are declared to be r.
!. Colquitt, president; J. w. White,
ice president, and w. G. Agurs, secre-
Try and treasurer, and they shall serve
ntil their successors are chosen, al here
provided for. A majority Of tile stock
'esent shall elect the directors, and in
! elections Or proceedings of stockhold-
$ each share Of stock present or repre-
flted by written proxy shall be entitled
one vote. Notice Of all elections or
ceilings Of stockholders shall be adver-
ed ten days in daily Shreveport pa
4; directors to be chosen at the Office
company.
ARTICLE VI. i
Failure to hold an election for airec-
IS on the day named shall not dissolve
E corporation, but the incumbent di-
tors shall hold over until their success
IS are duly qualified and elected. Any J
cancy in the board shall be filled by !
! remaining directors. The board of
'ectors shall have the power to con- :
ct debts. borrow money, buy and lease 5
,perty, and to DO all things necessary :
carry out the objects and purposes. :
this corporation. =
ARTICLE VII.
No sale of stock shall Be valid or =
ding On the corporation until the same Y
been transferred On the books Of a
company; no transfer or sale of q