The Caucasian. (Shreveport, La.) 1900-192?, 1907-10-10
CHARTER
OF THE HOMESTEAD on COM
PANN

Stat, Of Louisiana. Parish Of Caddo !:
Before me, r. T. Bell Jr., the under
signed authority. notary public III and
for Caddo Parish. Louisiana. at my Of
hcc in the City Of Shreveport. La,
came and appeared on the date hcrc,naf
ter written. the following Charles w
Lane, Zacl, r. Lawhon. Frank ]
Looney, Mrs Matte J.. Carter Matthew
Van Lear, Clarence l.. Nelson and WI
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 in compliance with the
Iprovisions and subject to the restrictions
OF the laws of the State Of louisiana
governing corporations and under the
lprovisions Of the articles Of incorpora
ton hereinafter set forth
ARTICLE l.
The name of this corporation shall be
THE HOMESTEAD OIL COM
| PANY:" hv this name it shall have
power and authority to have and ENJOY
succc for the period Of nlncty-nlnc
years to contract, sue and be sued to
make and use a corporate seal and the
same to break. alter or amend at pleas
arc; and under this name to hold, re
ccve. purchase and otherwise acquire
to own, convey sell or otherwise dispose
Of to lease. pledge, mortgage or other
wise hypothecate, property. real, per
,onal and mixed.
ARTICLE II.
| he dpmc,le Of this corporation is de
clared To be the City Of Shreveport, Ia
ARTICLE III.
The nature OF the business to be car
ricd on aud the purpose for which tbs
CORPORATION is established are as follows: :
~ NtNtltV, 'Ii. SdH ~ ''''N' ''i''N'"'.
OF any property owned leased or con
troled nv it or others in the State OF
Louisiana. or elsewhere III the United
States; to drill wells and sell the pro-
duct thereof; to construct, maintain and
Operate pipe lines for conveying oil. gas
,r other products from such wells to
= mt l,a
United States, and generally to do any
rSd all things necessary to be done in
furthcranrc Of such objects and pur
Iposes.
ARTICLE ~
The corporate powers Of this corpora
ton shall be vested i'll a board of 1lrec
tors composed Of three stockholders.
The directors s,all elect president, vice
president and secretary treasurer, and
hall 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
IS follows: G. W. Lane. +. J. Looney
md Z. X. Lawhon; with c. w. Lane as
president; +. J. Looney, vice president
All officers and directors shall serve I'M
ill their successors are elected. Service
If all legal process shall be made on the
Iprcsdcnt, or in his absence on the vice
,, president, or, in his absence, on the sec
retary-treas asurer, az the office Of the com
paEy.
The board of directors shall appoint
such managers, agents or sub officers a.
the interests Of the corporation may re
1uire, and make and establish such by
laws as may be necessary and proper to-
, , the management and regulation Of th
Affairs of the corporation If any va
!, Icancics occur among the officers or dl
rectors, the remaining directors ma
select stockholders to fill the same. Tn
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 III
- Icident to the object and purposes Of TIN
corporation.
i ARTIVLE V.
II The capital stock of this corporatio
y. shall be thirty thousand dollars, divide
% into three hundred shares OF the pa
d value of one hundred dollars each. 1h
stock shall be paid for in cash or i
ID equivalent at the time of its Subscription
1e .A least onr hundred shares Of Il
n par value OF ten thousand dollars sha
al be subscribed and paid for before tn
s-t corporation shall commence busines
ny No stockholder shall be liable for me
ef than the unpaid balance on the sto'
G. subscribed for by him, nor shall al
mere informally i'll organization ha
the effect of rendering this charter nj
or Of exposing a stockholder to any Ii
Sc biltv beyond the amount of his stoc