The Caucasian., 1907-07-02
CHARTER
OF the Oil City Land and Oil Com
pany.

State of Louisiana. Parish Of Caddo
Before me. S. l.. Herold. the under
signed authority. a notary public i'll and
for Caddo Parish. Louisiana. at my of
fec i'll the City of Shreveport. came and
appeared on the date hereinafter writ
ten. the following: A. &. Pitts. L. K.
t-awhon, Frank J. Looney. ], A. 1hig
pen and r. +. Bell Jr., all residents of
Caddo Parish. Louisiana. and G. !.
Gaines. a resident Of Jackson County.
Missouri. who declared to me in the
presence of the attesting witnesses that
they desired to form and constitute a
corporation under the laws of Louis
lana. and that they do hereby form
themselves and their successors a cor
poration and constitute same in compll
ance with the provisions and subject to
the restrictions of the laws of the State
of Louisiana governing corporations.
and under the provisions Of the articles
nf incorporation hereinafter set forth.
AK lCI-E L.
The name Of this corporation shall he
The Oil City Land and Oil Company :;
by this name it shall have power and au
thority to have and enjoy succession for
the period of nlnety-nine years; to con
tract sue and be sued to make aud use
4 corporate seal and same to break, al
ter or amend at pleasure and under this
,lame to hold, receive, purcase and 9th
erwise acquire, to own, convey, sell, OF
otherwise dispose of, to lease, pledge,
mortgage or otherwise hypothecatc
property, real, personal and mixed.
ARTICLE H.
The donicle of this corporation is de
clared to be the City of Shreveport, La.
ARTICLE III
The nature of the business to be car
ried on and the purposes for which this
corporation is established are as fol
lows TO buy and sell land and to hold
same. and develop same for gas and oil
or other minerals, and to lay all neces-
sary pipe lines, and do all things i'll fur
therance of the objects and purposes OF
this corporation.
ARTICLE ".
The corporate powers of this corpora
tion shall be vested in board of direc-
.ors composed Of five stockholders. he
directors shall elect president, vice
president and secretary treasurer, and
,hall prescribe the duties of each.
Election of directors shall take place
the first Tuesday of June in each year
The hrs1 board of directors shall be as
follows: Z. X. Lawhon, ]. A. Ihlgpen
Frank J. Looney, A. {. Pitts and {. l.
Gaines. with Il. r. Lawhon. president
J. A. Thigpen, vice president, and
Frank J. Looney secretary treasurer
All officers and directors shall serve TIN
il their successors are elected
Service Of all legal process shall be
made on the president, or III his absence
IN the secretary at the office Of the com
pany.
Three directors shall constitute a quo
rum to do business
The board of directors may appoint
such managers. agents or sub -offlcers a
The interests of the corporation may re
auire. and make and establish such by
laws as may be necessary and prope'
for the management and regulation o
the affairs of the corporation. If an,
vacancies occur among the officers OF
directors the remaining directors ma,
select stockholders to fiji the same.
The board of directors shall have
power to borrow and lend money, issu
bills of exchange, notes, bonds, draft
and other negotiable paper, execut
mortgages and generally to do all thing