The Caucasian. (Shreveport, La.) 1900-192?, 1910-06-30
CHARTER
OF THE HANSEN OIL COM
PANY.

The State of Louisiana, Parish OF
Caddo: Before me, D. P. Eubank, no
tary public in and for the State and
Parish aforesaid, duly commissioners
and sworn, on this day came and APP
peared the several persons whose names
are hereunto subscribed, who declared
that they have formed and do hereby
form themselves into body corporate
under the laws of the State of Louis
lana, and particularly under Act III OF
the General Assembly of 1882 regarding
the formation of mining corporations,
for the objects and purposes and under
the conditions as follows, to-wit:
ARTICLE |.
The name and style of this corpora
ton shall be HANSEN OIL COM
PANY, and under said name and style
it shall have and enjoy all the rights
grained to corporations under the laws
of the State of Louisiana, and shall have
and enjoy corporate existence for pc
riod of ninety-nine years from the date
hereof, as hereinafter provided, unless
sooner dissolved under the provisions OF
the laws of the State of Louisiana, to-
gether with the power to have and to
use corporate seal. and same to make,
alter or break at its pleasure.
ARTICLE II.
The domicile of this corporation is
hereby fixed in the City of Shreveport,
Caddo Parish, Louisiana, where all
legal process shall be served in the
manner provided by law, upon the pres
ident, or in his absence on the vice pres
ident, or in the absence of the vice pres
ident, at the office of the said corpora
ton as provided by the statutes of this
State.
ARTICLE III.
The objects and purposes of this cor
poration are hereby declared to be the
carrying on of general mining bust
ness, to-wit: The acquisition of land:
and leases and other property, whether
in Louisiana or elsewhere, for the pt1r-
pose of drilling, mining, boring or ex-
ploring thereon for oil, gas and Other
minerals. And to this end, this corpora
ton shall have and enjoy the rights tc
acquire, purchase, lease, suitcase, sci
and otherwise acquire and ALLEVIATE
property, real, personal and mixed, ane
to mortgage, pledge, pawn and other
wise hypothecate said property for TIL
purpose of borrowing money or for sucl
other purpose as in the discretion of thu
board of directors may be proper.
ARTICLE ".
The capital stock of this corporation
Lis hereby declared to be fifty THOUSAND
| ($so,ooo.oo) dollars, to be divided int
live hundred shares of one hundred dol
liars EACH This stock may be issue
either for cash or for property labor 0
services purchased by or advanced t
said company, and the judgment of tn
board of directors as to the value OF tn
property, labor or services so takei
shall be conclusive, provided that
stock shall be issued at less than pa
This corporation is authorized to con
mence business whenever fifty shares {
| its capital stock shall have been sui
scribed and paid for in full. Each shat
of stock shall be entitled to one vote ;
all meetings, to be cast in person or
proxy.
ARTICLE v.
The corporate powers OF this co
poration are hereby declared, except
may be hereafter stipulated, to be vestt
lin and exercised by board of directo
composed of three stockholders, whlt
said board shall be elected annually
1.-THE said stockholders on the first Mo
day of May of each year hereafter. II
first board of directors, who shall ser
until their successors are elected al
qualified, are hereby declared to be
Hansen, Eugene Hansen and Sam
Mason. In case of the death or resi-
: nation of any Of the directors, his 81
e cessor shall be chosen by the renal
$ ing directors. Two directors shall CO
n stitute a quorum for the transaction
3 business.
ARTICLE VI.
The officers of this corporation sh
consist of a president, vice preside
and secretary The president shall,
addition to the duties usually perta
5 ing to that Office, also exercise the Z
ties of the treasurer, and in additi
.t.L. Ill Inu.. eli rn,,rnr and .