The Caucasian. (Shreveport, La.) 1900-192?, 1907-07-04
CHARTER
OF the Oil City Land and Oile Com
pany.

State of Louisiana, Parish Of Caddo
Before me, S. L. Herold, the under
signed authority, notary public in and
for Caddo Parish, Louisiana, at my Of
iice in the City of Shreveport, came anil
appeared OH the date hereinafter writ
ten, the following: A. c. Pitts, L. r.
~awhon, Frank J. Looney, J. A. Thig-
zen and I. +. Bell Jr., all residents OF
Caddo Parish, Louisiana, and {. l.
Gaines, 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 cor
poration and constitute same in compli-
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
ARTICLE |.
The name Of this corporation shall be
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 ninety years; to con-
tract, sue and be sued to make and use
corporate seal and same to break, al
ter or amend at pleasure; and under this
.,ame to hold, receive, purcase and 9TH
erwise acquire, to own, convey, sell, or
otherwise dispose of, to lease, pledge,
mortgage or otherwise hypothecate
property, real, personal and mixed.
ARTICLE II.
The domicile 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 ncces-
sary pipe lines, and do all things i'll fur
therance of the objects and purposes of
this corporation.
ARTICLE IV.
The corporate powers of this corpora
ion shall be vested in board of direc-
tors composed of FIVE stockholders. The
directors shall elect president, vice
president and secretary treasurer, and
shall prescribe the duties of each.
Election of directors shall take PLACE
the first Tuesday of June in each year.
, The first board of directors shall be as
follows T. R. Lawhon, J. A. Thigpen,
Frank J. Looney, A. c. Pitts and c. L.
Gaines, with Z. R. Lawhon, president ;
J. A. Thigpen, vice president, and
Frank J. Looney secretary treasurer.
All officers and directors shall serve I'M
til their successors are elected
Service OF all legal process shall be
made on the president, or in his absence
on the secretary at the office of the COM
pany.
Three directors shall constitute quo
rum to do business.
The board of directors may appoint
such managers, agents or sub-ofhcers 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. If any
vacancies occur among the officers or
directors the remaining directors may
select stockholders to fill the same.
The board of directors shall have
power to borrow and lend money, issue
bills of exchange, notes, bonds, drafts
and other negotiable paper, execute
mortgages and generally to do all things
incident to the object and purposes OF
this corporation.
ARTICLE v.
The capital stock Of liiis corporation
|skalI be lllir1y thoussa dollars diyide1
2z4