The Caucasian. (Shreveport, La.) 1900-192?, 1907-02-14
CHARTER
OF BALLARD ISLAND OIL AND
GAS COMPANY.

| State OF Louisiana, Parish OF Caddo:
BE il remembered that on this the 10th
day of January 1907, before me, Frank
| J. Looney, Notary Public in and for
the said Parish and State, duly commits
stoned and sworn, personally came and
appeared J. S. Douglas, W. A. Ogilvie,
5. J. Harmon, W. A. Martin, g., w.
Jack, w P. Hall, L. n Manahan, B.
Kobler, R Latzko, J. c. Pugh, F. G.
Thatcher, J. c. Foster, J. A. Thigpen
and E. T. Brown, all residents of said
Parish and State, and T. w, W. /Stin-
son. a resident, of Bossier Parish. La.ais-
lana, who stated and declared to me, no
tary. that avaiing themselves of the
Constitution and laws of the State of
Louisiana relative to the formation of
corporations, they have formed and con-
,tituted themselves and do hereby form
nd constitute themselves as we'll as such
Their persons as may hereafter become
associated with them, into corporation
and body corporate, and have adopted
IS their charter and act OF incorporation
the following, to-wit:
ARTICLE I.
The name and style of this corporation
shall be BALLARD ISLAND OIL
AND GAS COMPANY, with its DOM
cile at the City of Shreveport, in the
Parish of Caddo,. State of Louisiana, and
under its corporate name it shall have
and enjoy succession for a period OF
ninety years, unless sooner dis
solved as hereinafter set forth.
ARTICLE IL.
The purpose for which this corpora
zion is established and the nature of the
business TO be carried OH by it are here
by declared to be to purchase and sell,
and to own and lease real estate in the
Parish OF Caddo and elsewhere; to bore
and explore for oil, ~gas and other min
erals, to lease and operate pipe lines or
other means of transporting oil in the
State of Louisiana or elsewhere, and to
sell and dispose of oil, gas and other
minerals
ARTICLE III.
All legal process shall be served on
this corporation by service on its presi-
dent, or in is absence on the vice presi-
dent, or in the absence of both on the |
secretary and treasurer at the office of |
the cOlnOdnv in said narish
ARTICLE ".
The capital stock of this corporation
is hereby fixed at the sum of fifty thous-
and dollars, divided into one thousand |
shares of fifty dollars each, and this cor
poration shall commence business when
ever four hundred shares are subscribed |
and paid for. Such stock shall be issued
for cash or its equivalent in property at
IFS par value, and all stock shall be paid |
for in full when subscribed for and shall !
be worcestershire. The above named
subscribe for e number of
shares necessary to complete the organi- /
cation of this corporation with the sign
stock, each of the then stockholders shall
have the right of purchasing such pro-
portion of the stock to be issued as the
number of shares then held by him bears
to the whole number of shares author
zed under this act. In all stockholders
meetings each share of stock shall be en-
titled to one vote, eithefsby its holder
n person or by written proxy, and the
stock of said corporation shall only be
transferable on the books of the COM
)any by the surrender of the outstand-
ng certificate of stock and its cancela-
ION
ARTICLE V.
The affairs of this corporation shall be
managed by board of directors con-
'lsting of five stockholders to be elected
~ the stockholders at meeting held
or that purpose OH the first Monday in I
December of each year. The first board
If directors shall be G. w. Jack, who
hall be president; ]. c. Foster, who
hall be vice president ]. A. Thigpen,
Who shall be secretary and treasurer,
nd ]. S. Douglas and l. n Manahan,
nd they will old office until the first
Monday in December 1907 or until their
uccessors are elected and installed. Any
,acancies occurring in the said board of
directors by death, resignation or other
wise shall be filled nv the remaining )