The Caucasian. (Shreveport, La.) 1900-192?, 1905-03-23
CHARTER
|OF THE SHREVEPORT-TEXARK
ANA OIL AND PIPE LINE
COMPANY.

State of Louisiana, Parish of Caddo.
Be it remembered that on this, the 9th
day of February, \. D. 1905, personally
came and appeared before me al my Of
flee in said parish and state, w. F.
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 l.
The name of this corporation shall be
the Shreveport exarkana 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 90 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 arc 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 to
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 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
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 domicile.
ARTICLE w..
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
name; to make and use cor
porate seal and the same to change or
alter at its pleasure; to name and ap-
point 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
as the interest and business of the COZ
ooration may from time to time demand
ARTICLE V.
The officers of this corporation shall;
be president, vice-president and secre-
AIRY and treasurer, who shall hold theii
offices from the first Monday in March
Of 1905 until the first Monday of
March, 1906, or until their successors
are duly elected and qualified All legal
shall be served on the president,
Or in his absence on the vice president,
Or in the absence of both On the secre-
tary and treasurer, at the office of the
in the city of Shreveport,
La.
ARTICLE VI.
The affairs of this corporation shall
De managed by board of directors con-
sisting of five stockholders, who shall be
elected annually by the stockholders at
1 general stockholders meeting to
oe held on the first Monday in |
March of each year, and who shall
lold their office for the period of |
one year Or until their successors are
July elected and installed, ard from
he board of directors SO chosen, said |
BOARD shall elect its president, .vice-pres- |
dent and secretary and treasurer In
he event of any vacancy occurring in
'aid board of directors the same shall be |
Tiled by the remaining members of said |
BOARD electing a stakeholder to fill out |
he unexpired term of said vacancy The |
Hst board of directors shall be w. E. |
Green, who shall be president; E. G. AL |
en-, who shall be vice-president; J. B. |
Reynolds, who shall be secretary and |
reasurer, and c. F. Hamilton and 6. S. |