The Caucasian. (Shreveport, La.) 1900-192?, 1909-05-02
CHARTER
OF THE WOOLF DRILLING COM
PANI.

State of Louisiana, Parish of CadJo:
Be ii remembered that on this 3Ist day
of March 1900, before me. S. l.. Herod,
a notary public, duly commissioned and
sworn, for and within the Parish and
State aforesaid, personally came and
appeared w c. Woolf H, +. Lehman,
and w. NJ Palmer, residents OF said
Parish and State, and 3. G.. Dawes and
6. W. Lemon. residents of the State Of
Ohio, who stated and declared to NE
notary that they have formed and con
stitutcd themselves, and do by these
presents form and constitute themselves
into corporation and body corporate,
as we'll 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
izcd 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 "NOOIF DRILLING COM
PANY,' with its domicile in che Cay
of Shreveport, i'll 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
domicile
ARTICLE II.
The purpose for which this corpora
ton is formed and the nature of che
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 Transport
tation and conveyance OF such oil, gas,
water or other mineral for itself or
others. and to do everything necessary
for itself or Tor others i'll boring. drill
Tag and mining Cor oil, gas. water or
other mineral, and the same TO dispose
'of as it deems best
ARTICLE III
The capital stock of the corporation,
is hereby fixed at the sum OF twenty fave
thousand ($25 0DOo) dollars, divided
int" FIVE hululred $500 shares OF fifty
donars 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
he fully paid and worcestershire
ARTICLE ".
The atfaiss % this corporation shall
be managed anA ccntso1lcd by boar,
of directors consisting Of Eve stock
holdcrs, who shall be elected at a
stockholders meettg duly held at The
Office of The company On the fisst Mon
day 10 June of each year. by Che stock
holders, at q meeting called for thai
purpose. and at al9 such meetings EACH
shase o9 stock owned or controlled by
him, shall be entitled to one vote, and in
all meetings 81 The stockholders ma
josiay of che stock shall contsol
UntI thc election be held in June 1909
the following persons shall constitute
the board of directors q ehis corpora
ton, to-vit w. c. Woolt, president and
secretary: e. w. leN,on. vice president
and Treasurer: II r. Lehman. B. G.
thwes and w. NJ Palmer. who shall
bold their Offices :,ntil their successors
are duly qualified. Any vacancy occur
ring in the board Of directors shall be
filled by an election by said board of a
stakeholder for the unexpired term
ARTICLE V.
This corporation shall have and enjoy
succession for the period of fifty years
| unless sooner dissolved, and whenever
dissolved for any cause, either by lin
ltatlon Or by vote Of the majority Of the
stockholders at meeting called for that
purpose after ten days written notice
to each stockholder. its affairs shall be
liquidated and settled by one or more
llquidators elected for that purpose, who
shall give such bond and security and
perform such duties as may be pre-
scribed by said stockholders. Provided
that whenever not otherwise provided
by the laws Of this State, the stockhold-
ers may waive notice of any meeting of
stockholders and the same may be held
at less than tensdays notice thereof
ARTICLE VI.
This corporation shall have and enjoy
all and any of the rights and privileges
conferred or authorized by the laws of
the State of Louisiana, and no stock
holder shall ever be held liable Or re-
sponsible for the contracts or the faults
thereof in any further sum than the I'M
paid balance due on his stock, and no