The Caucasian., 1907-02-21
CHARTER
)F THE BIG i OIL COMPANY
Jan. 81.

State of Louisiana. Parish OF Caddo:
Be it known that this day before me,
George Whitfield jack a notary public
i'll and for the above named Parish and
State. personally came and appeared Q,
H. P. Sample, DR.. John P Scott. DR.. T,
T. Schumpert and w. B. Mccormick,
all residents of Caddo Parish, Louis
lana. who declared that availing them
selves of the provisions OF Act No. 78
II 1901, OF the General Assembly of the
State OF louisiana as we'll as all other
statutes Of the State relative to the Or
ganization of corporations, they have
;ormed and do by these presents form
and organize themselves into corpora
non for the objects and purposes and
,lnder the stipulations hereinafter set
forth. which they do hereby accept as
their charter, to-Wit:
ARTICLE l.
The name and title of this corporation
shall be THE, BIG OIL COM
PANY. By that name it shall have
'ower and authority to have and enjoy
succession for the term of twenty-five
years from and after the date hereof;
to contract, sue and be sued; to make
and Use a corporate seal and same to
change and alter at pleasure; to hold,
receive, lease and purchase, ALLEVIATE and
convey as well as mortgage and hypoth
ecate property, real, personal and mixed;
to rane and appoint such managers, di
rcctors, olficersTand agents as the inter
est of such corporation may require and
70 make and establish such. bylaws,
rules and regulations for the proper
management of the affairs of said cor
poration as may be necessary and prop
er. and the same to alter at pleasure.
ARTICLE II.
The domicile of this corporation shall
be in the City of Shreveport, Caddo Par
isl, Louisiana, and all citations and 9TH
er legal process shall be served on the
president of the corporation, or in his
absence on the vice president.
ARTICLE III.
The purposes for which this corpora
ton is organized are declared to be the
buying, leasing and selling of oil, gas
and mineral lands. the boring of wells,
development and exploitation of such
lands and the buying and selling of such
oil gas and minerals and generally the
conducting of such a business i'll said
products as is usually done by such
companies
| ARTICLE ".
The capital stock OF this corporation
is hereby fixed at the sum of forty
thousand (S4oooooo) dollars, to be di-
| vided into four hundred shares of the
par value of one hundred dollars each; ;
the corporation to begin business when
| eight thousand (S8oooo) dollars OF the
capital stock is paid in. Said stock shall
be paid for in cash or i'll property in its
equivalent i'll such manner as the board
Of directors may determine,
| ARTICLE V.
! All corporate powers OF this corpora
! ton shall ne vested in board of direc-
tors to be composed of four stOckhOld-
ers. which board shall be elected annual
" ON the first Monday in January, be-
ginning with the year 1908 The first
board OF directors shall be composed of
O. H. p Sample president; w B. Nc
Cormick vice president: John P. Scott.
secretary and treasurer, and /, L.
Schumpert he said board k1f direc-
tors to serve until the first Monday III
January 1908. or until their successors
are duly elected The directors shall be
elected BY the stockholders. each share
Of stock to he entitled to one vote. to
be cast by its owner in person or by
iproxy, and the majority Of votes shall
elect. The board OF directors may make
| all such rules and regulations for the
management Of the business as they may
deem necessary and expedient
ARTICLE VI.
| This charte. may be modified, chang
ID .r aa.ade or said corporation dis
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