The Caucasian. (Shreveport, La.) 1900-192?, 1909-06-01
CHAR TER
OF THE WoOLF DRILLING COM
PANY.

notary public, duly commissioned and
sworn, for and within the Parish and
State aforesaid. personally came and
appeared w. G.. Woolf, II. E. Lehman,
and W. Ne. Palmer, residents of said
Parish and State, and B. G. Dawes and
e. w. Lemon, residents of the State Of
Ohio, who stated and declared. to me
notary that they have formed and con-
sfituted themselves, and do by these
presents form and constitute themselves
into a corporation and body corporate,
as well as such other persons as may
hereafter become associated with them,
under the terms and conditions herein
after stated, as fully as may be author
lied by the laws of the State of Louis
lana, and have adopted as their charter
and act of incorporation the following,
to-wit:
ARTICLE I.
The name and title of this corporation
shall be 'sWOOLF DRILLING COM
PANY." with its domicile in the City
of Shreveport, in said Parish and State,
and all legal process shall be served on
its president, or in his absence, on the
vice president of the company at its
donicile.
ARTICLE II.
The purpose for which this corpora
ton is formed and the nature Of the
business to be carried in by it are here
by declared to be to bore, drill and mine
for oil, gas, water or other mineral for
itself or for others; to lease, own or
acquire gas and oil or other mineral
lands; to own, operate and construct
pipe lines or other means of transpor-
tation and conveyance of such oil, gas,
water or other mineral for itself or.
others. and to do everything necessary
for itself or for others in boring, drill
ing and mining for oil, gas, water or
other mineral, and the same to dispose
of as deems best
ARTICLE III.
The capital stock of the corporation
Is hereby fixed at the sum Of twenty 1--we
thousand (Sa5, ooooo) dollars, divided
into FIVE hundred (5oe1 shares Of fifty
dollars each, which shall be paid for in
cash, and it shall commence business
whenever ten thousand dollars of its
capital stock is subscribed for and paid
in full. and, all stock issued by it shall
be fully paid and worcestershire.
ARTICLE ".
The affairs Of this corporation shall
be managed and controlled-by a board
of directors consisting Of Ave stock
holders. who shall be elected at q
stockholders meeting duly held at the
office OF the company on the first Mon
day in June of each year. by the stock
holders. at meeting called for that
purpose, and at all such meetings each
share of stock owned or controlled by
him, shall be entitled 70 one vote, and in
all meetings of the stockholders ma
jority Of the stock shall control.
Until the election be held in June 1909
the following persons shaaf constitute
the board of directors of this corpora
ton, to-wit: w G. Wooif. president and
secretary; c. w Lemon. vice president
and treasurer: H e.. Lehman, b u.
Dawes and w. Ne Palmer, who shall
hold their Offices until their successors
are duly qualified. Any vacancy occur
ring in the board of directors shall pc
filed by an election BY said board Of 2
stockholder for the urlexpired term.
ARTICLE Y.
This corporation shall have and enjoy
succession for the period ct nifty years
unless sooner dissolved, and whenever
dissolved for any cause, either BY Inn
itation Or by vote Of the majority Ct the
stockholders at meeting called Tor that
purpose after ten days written notice
to each stakeholder, It's affairs snah Ds
Iliquidated and settled by one or more
Iiquidators elected for that purpose, VINO
shall give such bond and security and