The Caucasian. (Shreveport, La.) 1900-192?, 1909-04-15

by declared to be to bore, drill and min,
for oil, gas, water or other mineral fOl
itself or for others; to lease own o,
acquire gas and oil or other minera
lands; to own, operate and construc
pipe lines or other means of transpor
! tation and conveyance of such oil, gas
water or other mineral for itself OF
others. and to do everything necessary
| for itself or for others in boring, drill
ing and mining for oil, gas. water OF
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-five
thousand ($25,ooooo) dollars, divided
into five hundred (5oo) shares of fifty
dollars each, which shall be paid for in
cash, and it shall commence business
whenever ten thousand dollars of it,
capital stock is subscribed for and paid
| i'll full. and all stock issued by it shall
he fully paid and worcestershire.
ARTICLE ".
The affairs of this corporation shall
be managed and controlled by board
of directors consisting of FIVE stock
holders, who shall be elected at a
stockholders meeting duly held at the
Office of the company on the first Mon
day i'll June of each year, by the stock
holders, at a meeting called for that
purpose and at all such meetings each
share of stock owned or controlled by
him, shall be entitled to 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 shall constitute
the board of directors of this corpora
ton, to-wit: W. c. Woolf, president and
secretary; c. w. Lemon, vice president
and treasurer; H E. Lehman. B. G..
Dawes and w. NJ. Palmer who shall
hold 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 linn
itation or by vote of the majority of the
stockholders at meeting called for that
purpose after ten days written notice
to each stakeholder, its affairs shall be
liquidated and settled by one or more
liquidators 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. ten days 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
mere informally shall have the effect
of rendering this charter null or of ex-
posing any stakeholder to any greater
liability than the unpaid balance due on
his stock.
In testimony whereof said parties
have hereunto affixed their names in the
presence of me notary and the under
signed attesting witnesses on the date
first in the beginning written.
w. c. WOOLF.
II. F.. LEHMAN,
by C. w. Lemon.
B. G. DAWES
c. w. LEMON
WIN. NJ. PALMER.
Attest:
F. D. McCALLY.
J. H. THATCHER.
S. L. HEROLD.
Notary Public.
State OF Louisiana Parish of Caddo:
The foregoing charter having been ex-
ahmed NV me and fndino NOTHING there,
in contrary to law, approve the same.
this the I2th day of April \. d. 1000.
J. NJ FOSTER,
District Attorney First Judicial District
Endorsed: Filed and recorded April
II, 1909. S. O. WILLIAMS,
Deputy Clerk and ex-Officio Deputy Re-
corder.
State OF Louisiana, Parish of Caddo: |