The Caucasian. (Shreveport, La.) 1900-192?, 1905-03-02
CHARTER
OF THE SHREVEPORT TExARK.
ANA OIL AND PIPELINE
COMPANY

Dc IL ISi1ICiHDSII ca lHdb I'll lhio, 'A~ Ss''
day of February, A. D. 1905, personally
came and appeared before me at my Of
flee in said parish and state, w. E.
Green, a resident of Tyler, State of
Texas; E. G. Allen, resident of said
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 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 and 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 I. .....---.:.-.
The name of this corporation shall be
the Shreveport Texarkana 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 ievelop 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 nee jful 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 sun,
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-
lion thereto, and it shall commence BUSH
ness whenever eighty-6ve 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
lngs 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
1t its don1icile.
ARTICLE ".
This corporation shall have power to
hold, buy and own both real and per-
'onal property. to lease. or acquire, all
Sinis Of property; sell, mortgage or n.y.
,othecate both real and personal Prep
.rty; to contract, sue and be sued in its
corporate name; to make and use cor
,orate seal and the same to change or
liter at its pleasure; to name and APP
,oint such agents, officers, employees and
as its interest may require and
he same to discharge at pleasure, and to |
make and adopt such rules and bylaws
IS the interest and business uf the cor
,oration may from time to time demand.
ARTICLE v.
The officers Of this corporation shat. |
< president, vice president and secre-
airy and treasurer, who shall hold their
'ffices from the first Monday in March
i 1905 until the first Monday Of |
darch, 1900, or until their successors
re duly elected and qualified. All legal
recess shall be served on the president, |
4 in his absence on the vice presi dent,
+ in the absence Of both on the secre-
airy and treasurer, At the office Of the
in the city Of Shreveport,
a.
ARTICLE VI.
The affairs Of this corporation shall
{ managed BY board Of directors con-
lsting Of five stockholders, who shall be
lectei annually by the stockholders at
general stockholders meeting to
held on the first Monday in