The Caucasian. (Shreveport, La.) 1900-192?, 1910-05-15

sence or inability to act from any cause,
the same shall be served at the office of
the company, according to law.
ARTICLE II.
The objects and purposes for which
this corporation is organized, and the
nature of the business to be carried on
by it, are hereby declared to be: To pur-
chase, lease or otherwise acquire lands
mineral, gas and oil rights and privileges
i'll the State of Louisiana. Also to pur
chase, lease or otherwise acquire i'll the
State of Louisiana and other parts of the
world, lands containing or believed to
contain gas, petroleum or other oil
spring deposits to carry on the business
of searching for, prospecting, preparing,
producing, refining, piping, storing,
transporting, supplying, buying, selling,
manufacturing and distributing gas, pc
troleum and other oils and their pro-
ducts and by-products. To construct,
build operate and maintain oil wells,
refineries, buildings, machinery, plants,
stores and warehouses. To erect main
tain and operate refneries, mills, works,
laboratories, workshops and dwelling
houses for workrnen and others. Also
to handle, store and transport oil, gas,
brine and other mineral solutions, and
to make reasonable charges therefor. To
buy, sell and furnish oil and gas for
lighting, heating and other purposes. To
lay down, construct, maintain and ope-
rate pipe lines, tubes, tanks, pump sta
tons, connections, fixtures, storage
houses and such machinery, apparatus
and devices as may be necessary to ope-
rate such pipes and pipe lines between
various points. Also wherever permitted
by law, to have right and power to en-
ter upon private rights-of- ease
ments, properties of all persons and cor
porations, and to have the right of lay
ing its pipes and pipe lines across and
under any public road, railroad, right
of-way, street railroad, canal or stream.
To lay its pipes and pipe lines across
and under any street or alley in any in
city or town, with the con-
sent and under the direction of the
proper authorities OF such cities or !
towns. Also to carry on the business of |
producing, refining and storing petro-
leum products, vegetables and mineral |
oils
ARTICLE III.
The capital stock of this corporation |
is hereby fixed at the sum of one huh-
dred thousand and no-Ioo dollars
{$1ooooo.o) dollars; divided into and
represented by 100000 shares of the par
value of one and no-Ioo dollars (S1.oo) |
per share, which shall be paid for in
cash or its equivalent at the time of sub
scription. This corporation shall com
nence business as soon as ten thousand
dollars ($Io,ooo.oo) of its capital stock
shall have been subscribed for.
ARTICLE ".
All the corporate powers of this cor
1oration shall be vested in and exer-
used by a board of FIVE 50 directors,
o be composed of stockholders; three
I'D of whom shall constitute quorum
for transacting all business. The board
If directors shall be vested with full
,ower and authority to make all con-
tracts, purchases and sales and adopt
Ill bylaws, rules and regulations for
he government of the business and af-
airs of the company, and alter, amend
md change the same at pleasure; APP
,Cint, hire and discharge all officers.
gents and employees, fix all salaries. and
generally to do and perform all things
necessary in the transaction of the bus
ness and affairs of the company. Any I
'acancy occurring in said board shall be
lied by the remaining directors. The
rst board Of directors of this corpora /
ion shall consist of A. A. Mah1e, S. B. *
spence, A. G. Dystrup, F. M. Saucier
nd B. U. Jacob, with A. A. Mahle as !
resident, D. b. Spence as vice president,
nd A. G. Dystrup as secretary-treasur- /
+ who shall hold their Offices until the s
rst Friday in February A. d. 1911, or i
NTH their successors are duly elected {
nd qualified. On the first Friday in {
february 1911, and annually thereafter, l
II election for directors shall be held IS
the Office Of the company, under the {
arervision of two (2) commissioners !
be appointed by the president, and t
Il directors then elected shall take theil '
eats Immediately, and shalr hold Office a
ntil their successors are duly elected !
nd qualified. Each board shall elect its S
wn officers, which shall consist of a +
resident, vice president and secre- 5
All corporate elections d
1all be by ballot, and majority Of the a
otes cast shall elect, and each share of p
oek shall be entitled to one "a vote, d
Their in person or by proxy. Written P