The Caucasian. (Shreveport, La.) 1900-192?, 1905-02-28

4
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 eacl
stated and declared to me notary tha
they have formed and constitute them
selves, las we'll as all others that may
hereafter become associated with them
in body corporate, under the name anc
style and for the purposes and object:
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 BIZ
the Shreveport Texarkana Oil and Pipe
Line Company, with its donicile 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 H."
The object for which this corporation
, is formed and the business to be carried
on by 1t 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 develop such oil lands OF Oil
rights, and operate oil wells, sulphur
wells or other mineral wells, and to own
and operate such lines of galway. tanks,
cars, oil tanks and other neeiful appIi-
anees as may be necessary to carry into
effect the purposes herein declared.
t -@ 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 donicile.
ARTICLE w. r..
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 prep
erty; to contract, sue and be sued in its
corporate name; to make and use a cor
porate seal and the same to change or
alter at its pleasure; to name and ap-
point such agents, officers, employees and
managers as its interest may require and
the same to discharge at pleasure, and to
make and adopt such rules and bylaws
as the interest and business OF the cor
poration may from time to time demand.
ARTICLE v. @.1e--I
The officers Of this corporation shall:
be a president, vice-president and secre-
tary and treasurer, who shall hold their
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
process shall be served on the .president,
Or in his absence on the vice president,
Dr. in the absence of both on the secre-
tar, and treasurer, at the office of the
in the city of Shreveport,
La. .z ,
ARTICLE VI.
The affairs OF this corporation shall
DC managed by a board of directors con-
'isting OF five stockholders, who shall be
Elected annually by the stockholders at
j general stockholders injecting to
'e held on the first Monday in |
March Of each year, and who shall
'old their Office for the period of
me year Or until their successors are
luly elected and installed, and from
he board Of directors 50 chosen, said
card shall elect its president yice-pres-l
ient and secretary and trezsasre III