The Caucasian. (Shreveport, La.) 1900-192?, 1907-03-31
CHARTER
OF PHELPS LAKE OIL AND MIN
ERAL COMPANY, LIMITED.

State of Louisiana, Parish of CadIo ::
Before me, T. F. Bell Jr., a notary pub
lie in and for Caddo Parish, Louisiana,
at my iffice i'll the City of Shreveport,
La, came and appeared on the date
hereinafter written, the following per-
SONS: g. +. Gilmer H. H. Wheless. w
B. Boggs, n W. Sentel1 r. T. Wyche
]. K. Honeycutt. Alex r. Macdonald,
who declared to me i'll the presence of
the attesting witnesses that they desired
to form and constitute d corporation I'M
der the laws Of Louisiana, and that they
do hereby form themselves and their
successors into corporation and consti-
tute same in compliance with the provis-
ions and subject to the restrictions of
the laws of the State of Louisiana, gov
ernlng corporations, and under the pro-
visions of the articles OF incorporation
hereinafter set forth.
ARTICLE /.
The name of this corporation shall be
"PHELPS LAKE OIL AND MIN
ERAL COMPANY, LIMITED,' and
by this name it shall have power and
authority to have and enjoy succession
for the period of ninety-nne years; to
contract, sue and be sued; to make and
use corporate seal and the same to
break, alter and amend at pleasure; and
under this name to hold. receive, pur-
chase and otherwise acquire, to own,
convey, sell or otherwise dispose of, to
lease, pledge, mortgage or otherwise
hypothecate property, real, personal and
mixed
ARTICLE II.
The don1icile Of this corporation is de
clared to be in the City of Shreveport,
Louisiana.
ARTICLE III.
The nature of the business TO be car
RED on and the purposes for which this
corporation is established are as fol-
lows: To develop oil. gas or other min
erals on any property owned, leased or
controlled by it or others in the State
of Louisiana, or elsewhere in the United
States; to drill wells, sink shafts, mine
and manufacture and sell the products
thereof; 10 construct, maintain and ope-
rate all necessary pipes and pipe lines
and generally to do any and all things
necessary to be done in furtherance Of
such objects and purposes.
ARTICLE ~.
he corporate. powers of this cor
poration shall be vested in board of
directors composed of seven stockhold-
ers. The directors shall elect a presi-
dent, vice president, secretary and
treasurer, and shall prescribe the duties
of each. Elections shall take place on
the first Tuesday of February in each
year The first board of directors shall
be as follows: G. Z. Gilmer, H. H. Whe-
less, w. B. Boggs, n. w. Sentell r. E.
Wyche, ]. K. Honeycutt and Alex R.
Macdonald, with 6. L. Gilmer, presi-
dent; r. f. Wyche, vice president; w
B. Boggs, secretary; n W. Sentell,
treasurer. All officers and directors shall
serve until their successors are elected.
Service of all legal process shall be
made on the president, or, in his alb
sence at the Office of the company,
The board of directors may appoint
such managers, agents or sub-of1ters as
the interests of the corporation may re-
quire, and make and establish such by
laws as may be necessary and proper for
the management and regulation of the
affairs of the corporation. # any vacan-
cles occur among the officers or direc-
tors, the remaining directors may select
stockholders to fill the same The board
of directors shall have power to borrow
and lend money; to issue bills Of ex-
change, notes, bonds, drafts and other
negotiable paper; execute mortgages
and generally to do all things incident
to the object and purposes of this cor
poration.
ARTICLE V.
The capital stock of this corporation
shall be twenty THOUSAND ($2o,ooo.o o)
dollars, divided into eight hundred
shares of the par value Of twenty-five
dollars each. This stock shall be paid