The Caucasian. (Shreveport, La.) 1900-192?, 1910-07-12

lana, personally came and appeared ;
B. McCaErl, w. Fl. Harper and Edwin
F. Stewart, all residents of Caddo Par
fish, who declared to me that they de-
hereby icEm, for themselves and sucl
others as may hereafter become associ
ated with them, corporation under th'
laws OF the State OF Louisiana fog che
purposes and objects and under the stia
ulations and agreements as follows, to-
wit:
ARTICLE /.
The name and style OF this cogpoTa-
ton shall be McCANN 6 HARPER
DRILLING COMPANY, and its domi-
cile shall be in the City Of Shreveport,
Caddo Parish, Louisiana. All citations
ana otheg legal service shalt be made
on its president, OF IN The absesfce o6 its
president, ca its vice president or sss
secretary or treasurer. Under its said
name IL shall base power and authority
60 eHiss and enjoy succession 6oE twenty
ave y&0gs fgom and after date hereof.
ARTICLE IL.
Che objects and purposes for which
this corporation is formed and the "a
ture Of the business to be carried on by
il are hereby declared 20 be, 10 drill and
explore lands foF che purpose Of discov-
Iering and developing oil and gas and
other minerals; 20 contract for che drill
ing Eor oil and gas Sells, and 20 esgab-
fish or lease pipe lines for che trans
'portation og oil and gas; so purchase
all material, machinery and appliances
that may be needed to carry on Che bus
mess OF drilling and exploring &oq oil
and gas; to Sue and be saed; to borrow
money, issue notes and generally to do
such things as aee incident to the bust
ness for which this corporation was
formed as hereig,before stated
ARTICLE III.
The capital stock OF this corporation
is hereby fixed at the sum of ST., 10000,
divided into $50 shares of the par value
of $1,000 each, to be issued for cash
paid the corporation or for property con-
veyed or for services rendered; provid-
ed, however, that no stock shall be is
sued at less than par, and provided fur
Their that this corporation may begin
business as soon as fifty (5o) shares of
its capital stock shall have been sub
scribed and paid for in Eull, either in
cash or its equivalent.
ARTICLE ".
+ The corporate powers of this corpora
ton shall be vested in and exercised by
a board of directors consisting of three
stockholders, majority of whom shall
constitute a quorum for the transaction
of business. The board of directors
shall make all bylaws, rules and regula-
tons for the management of the bust
ness and the affairs of the company, and
may amend and change the same at
pleasure. The board of directors shall
elect the officers of this corporation. All
vacancies occurring in the board of
directors by death, resignation or other
wi3e, shall be filled by the remaining
directors. The first board of directors
of this corporation shall consist of ].
B. Mccain, w. Fl. Harper and Edwin
F. Stewart. w. H. Harper as president,
Edwin F. Stewart as vice president and
secretary, and J. B. Mccain as treasur-
ar nf ct7
remain in office until the first Monday
i'll June 1911, or until their successors
shall have been duly elected and quail
fed. On the first Monday in June 1911,
and annually thereafter, an election of
directors shall be held at the office OF
the corporation in the City of Shreve-
port, Caddo Parish, Louisiana, notice OF
which said meeting shall be given in any
one of the newspapers published in the
City of Shreveport, Louisiana, for ten
days prior to said meeting. At all stock
holders meetings each share of stock
shall be entitled to one vote, either in
person or by proxy in writing. In the
SsShl VI 10 ClCSl d.
specified above, the directors then in of
fee shall serve until their successors
shall have been elected, but a meeting
for such election may then be held at
any time after ten days written notice
to each stakeholder.
ARTICLE V.
This charter may be modified Or
amended, except as to increase or de-
crease of its capital stock, or this cor
poration may be dissolved with the as
sent of majority of the stock at gen.
eral meeting of the stockholders con-
yened for such purpose after thirty days
notice published in any one of the news
papers published in the City of Shreve-
port Louisiana.
ARTICLE VI.
Whenever this corporation is dis
solved, either by limitation of its charter
or any other causes, its affairs shall be