The Caucasian. (Shreveport, La.) 1900-192?, 1909-01-03

well as SUCH OIncI pcISOHS DIS Aldy AeAe
after become associated with them, I'M
der the terms and conditions hereinafter
stated as fully as may be authorized by
the laws of the State of Louisiana, and
have adopted as their charter and act OF
incorporation, the following, to-wit:
ARTICLE l.
The name and title of this corporation
shall be THE FINEGAN WELL SUP
PLY COMPANY, with its domicile at
the City of Oil City, Parish of Caddo.
State of Louisiana, 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.
he purposes for which this corpora
ton is formed and the nature of the
business to be carried on by it are here
by declared to be as follows: To buy
and sell oil and water well supplies and
machinery and all pertaining and incl
dental thereto.
ARTICLE III.
The capital stock of this corporation
is hereby fixed at the sum of $4,000,
divided into 100 shares of $Ioo each,
which shall be paid for in cash or by
transfer of property, or labor done, or
service performed, as may be approved
by its board of directors, and it shall
commence business whenever $4,000 OF
its capital stock is subscribed for and
paid in full, and all stock issued by 1t
shall be fully paid and worcestershire.
ARTICLE ".
The affairs of this corporation shall
Be managed and controlled by board
Of directors consisting of three stock
holders, who shall be elected at stock
holders meeting, July held at the Office
Of the company on the first Monday IN
December of each year, by the stock
holders at meeting called for the pur-
;ose, and at all such meetings each share
II stock owned or controlled by each
stockholder shall be entitled to one
vote. and 1t the meetings Of stockhold-
.ers, q majority of the stock shall con-
troll. Until the election to be held in
December 1909 the following persons
shall constitute the board of directors OF
this corporation to-wit: James P. Fin
cyan, president; B. J. Harper, vice pres
idesnt D. R. Jamerson, secretary-treas-
urer, who shall hold that Office until
their successors are duly qualified. Amy
vacancy occurring in the board of direc-
tors shall be filled by an election by said
board Of directors for the, unexplred
term.
ARTICLE w.
At each meeting of the stockholders
held in December of each year. wien the
directors are elected, they shall! elect
one Of said board of directors as gen
eral manager for this corporation, who
sliall have general control and supervis-
ion Of all the affairs thereof, with power
and authority to hire and discharge such
agents and employees as may b. neees-
cary to conduct the business OF this cor
poration and to make for it in its behalf
III contracts, leases or agreements, and
execute al sales and purchases. pledges
and mortgages, sign drafts, checks and
bills Of exchange, and have general con-
trol and management of all Of its at
fairs as he may deem best Until the
election IN December 1909, James P:
Einexan IS hereby declared 70 Be the
aenlefxi MANAGER, and he shall hold his
o6hce until his successor Is elected and
inssaiied., Any vacancy IN said Office
shall Be flled 81 tie board Of directors
elee:tiin1T; ! suitable person for the unex-
pired term
ARTICLE vi.
This corporation shall have and enjoy
succession for a period of ninety-nine
yeSfs. unless sooner dissolved, and
whenever dissolved for any cause, either
81 limitation OF by vote Of the majority
Of the stockholders at said meeting
called for that purpose, after ten days
written notice to each stockholder, its
affairs shall be liquidated and settled BY
one o. more liquidators elected for that
purpose, Who shall give such bond and
setusiniiH and perform such duties As may
s. pffescribed By said stockhol lers: Pro-
vided that whenever not otherwise pro-