The Caucasian. (Shreveport, La.) 1900-192?, 1910-09-13

rules, bylaws and regulations for the
management of its business and affairs
as may be deemed necessary, and the
same to alter at pleasure.
ARTICLE II.
The domocile of this corporation is
hereby fixed in the City of Shreveport,
Csddo Parish, Louisiana, where all
legal process shall be served in the man
ner provided by law, upon the president,
or in his absence on the vice president,
or in the absence of both, at the office
of the corporation as provided by the
laws of the State Of Louisiana.
ARTICLE III.
The objects and purposes of this cor
poration are hereby declared to be to
buy and sell lands and TO acquire by
lease or otherwise lands for mining and
producing oil, gas and other minerals,
and to suitcase or rent the same; to
sink, drill or develop oil and gas wells,
and to pipe, market or store the same;
to prospect for and produce oil, gas and
other minerals, and for that purpose to
make expenditures for materials, tools,
implements and apparatus, to make sur
veys and do all things necessary in and
about said business, and to supply and
furnish gas and oil and fixtures to con-
sumers and to customers in the State OF
Louisiana or elsewhere as may be de-
termined by its board of directors; and
to this end this corporation shall have
and enjoy the right to own, acquire, pur-
chase, lease, suitcase, sell and other
wise acquire and ALLEVIATE property, real,
personal and mixed, and to mortgage,
assign, pledge, pawn and otherwise n.y.
pothecate said property for the purpose
of borrowing money, or for such other
purpose as in the discretion of the board
of directors may be deemed necessary;
and to have and acquire pipe and pipe
lines for the carrying, transportation
and furnishing of the said oil or gas to
consumers and customers, and to have
and acquire franchises for piping and
furnishing gas, and to do generally any
and all things necessary to and ineiden-
tai to the purposes and objects herein
set forth.
ARTICLE ".
The capital stock Of this corporation
is hereby fixed at two hundred and fifty
($25o,ooooo) dollars, to be
divided into twenty-five hundred shares
of the par value of one hundred dollars
each, and this stock shall be issued as
paid for either for cash or for property,
labor or services purchased by or adj |
vanced to said company, and the judg- |
ment of the board of directors as to the |
va1ue of the property, labor or services
so taken shall be conclusive, provided
that no stock shall be issued at less than
its par value; and shall begin business
and be a going concern when all of the
stock is subscribed and paid for. Each |
share of stock shall be entitled to one
vote at all meetings, to be cast in per-
son or on written proxy from the owner
thereof as shown by the stock books.
The transfer of all stock shall be made |
upon the books of the company.
ARTICLE v.
The corporate powers of this corpor-
alton shall be exercised by board of |
five directors selected from the stock |
holders, which said board of directors
shall be elected annually by the stock
holders on the first Monday in August
The first board of directors,
who shall serve until their successors
are elected and qualified, are hereby de-
clared to be E. S. Cayce, M. A. Currie,
Thomas E. Bird, ]. L. Breathwit and
w. Fl. Scheen, and in case of death or
of any of the directors, his |
successor shall be chosen by the remain
ing directors; three directors shall con-
stitute quorum. The beard of direc-
tors shalt have the right to appoint an
executive committee of three from their
number who shall have power to repre-
sent said board in such matters as may
be delegated to them by the said board
ARTICLE VI.
The officers of this corporation shall
be president, vice president and
secretary treasurer, and shall be elected
by the board of directors annually at its
regular meeting and shall serve until
their successors are elected and quail
fed. The first officers of this corpora
ton shall be E. S. Cayce, president; w
H. Scheerg vice president; and M. A.
Currie, secretary -treasurer, and shall
serve until their successors are elected
ARTICLE VII.
This charter may be amended or the
corporation dissolved by the consent of
three-fourths of the stock thereof at a
meeting called for that purpose after
thirty days notice in writing and by
publication TO the stockholders. or at al