The Caucasian. (Shreveport, La.) 1900-192?, 1907-10-03
CHARTER
OF THE HOMESTEAD OIL COM
PANH

PANY.
State OF Louisiana. Parish of Caddo; :;
Before me, T. F. Bell Jr, the under
signed authority. a notary public in and
for Caddo Parish, Louisiana. at my Of
fee in the City OF Shreveport La,
came and appeared on the date hereinaf-
ter written, the following: Charles w.
Lane. Zach R. I.awhon. Frank J.
I.ooney, Mrs. Matte l. Carter, Matthew
Van Lear Clarence L. Nelson and Will
liam F. Taylor, all to me well known.
wo declared to me in the presence OF
the attesting witnesses, that they desired
to form and constitute a corporation
under the laws of Louisiana; and that
they do hereby form themselves and
their successors into a corporation and
constitute same II compliance 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 OF incorpora
ton hereinafter set forth.
ARTICLE |.
The name OF this corporation shall be
THE HOMESTEAD OIL COM
PANH;' BY this name it shall have
power and authority to have and enjoy
succession for the period of ninety-nlne
years to contract, sue and be sued; to
make and use corporate seal and the
same to break alter or amend at pleas
ure: and under this name to hold, re-
ceive purchase and otherwise acquire,
to own. convey, sell or otherwise dispose
of, to lease, pledge, mortgage or other
wise hypothecate, property, real, per
sonal and mixed.
ARTICLE II.
The domcile 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 purpose for which tins
corporation is established are as follows
10 develop, oil, gas or other minerals
on any property owned, leased or con-
trolled by it or others in the State of
Louisiana, or elsewhere in the United
States; to drill wells and sell the pro
duct thereof to construct, maintain and
operate pipe lines for conveying oil, gas
or other products from such wells to
Shreveport, La, and other points IN the
| United States, and generally to do any
aAd all things necessary to be done in
| furtherance of such objects and pur-
lposes.
ARTICLE ".
The corporate powers of this corpora
ton shall be vested in a board of direc-
tors composed OF three stockholders.
The directors shall elect president, vice
president and secretary and
shall prescribe the duties of each.
Elections of directors shall take place
the second Monday of September Of each
year.
The first board of directors shall be
as follows: C. w. Lane, F. ]. Looney
and I. R. Lawhon with c. w. Lane as
president; F. J. Looney, vice president
and T. R. Lawhon secretary-treasurer.
All officers and directors shall serve un,
It'll their successors are elected. Service
of all legal process shall be made on the
|presdent, or, in his absence on the vice
lpresident, or, in his absence, on the sec
lretary-treasurer, at the Office OF the com
|paEy.
The board of directors shall appoin
such managers, agents or sub officers a
the interests of the corporation may re
laurie. and make and establish such by
laws as may be necessary and proper 10
the management and regulation of th
|affairs of the corporation. If any va
cancies occur among the officers or dl
, rectors, the remaining directors ma
, select stockholders to fill the same. III
board of directors shall have power t
borrow and lend money to issue bill
of exchange, notes, bonds, drafts an
other negotiable paper; execute mort
cages and generally to do all things in
cident to the object and purposes Of thu
} corporation.
: ARTIVLE Y.
The capital stock Of this corporate
shall be thirty thousand dollars, divide
into three hundred shares OF the pa
value of one hundred dollars each. Ih
j stock shall be paid for in cash or II
4 equivalent at the time of its subscription
\ At least one hundred shares of tt
i par value of ten thousand dollars sha
be subscribed and paid for before tn
y corporation shall commence busines:
II No stockholder shall be liable for MOI
than the unpaid balance on the stoe
L ~t,,n