The Caucasian. (Shreveport, La.) 1900-192?, 1910-07-05
CHARTER
OF McCANN & HARPER DRILLING
COMPANY.

State of Louisiana, Parish of Caddo !:
Be it known, that, before me, E. B.
Herndon Jr., notary public in and for
the Parish of Caddo and State of Louis
lana, personally came and appeared J..
B. McC arm, w. H. Harper and Edwin
F. Stewart, all residents of Caddo Par
ish, who declared to me that they do
hereby form, for themselves and such
others as may hereafter become associ-
ated with them, a corporation under the
laws OF the State of Louisiana for the
purposes and objects and under the stip-
ulations and agreements as follows, to-
wit:
ARTICLE I.
The name and style of this corpora
ton shall be McCANN & HARPER
DRILLING COMPANY, and its domi-
cile shall be in the City of Shreveport,
Caddo Parish, Louisiana. All citations
and other legal service shall be made
on its president, or in the absence of its
president, on its vice president or its
secretary or treasurer. Under its said
name it shall have power and authority
to exist and enjoy succession for twenty
five years from and after date hereof.
ARTICLE II.
The objects and purposes for which
this corporation is formed and the ma
ture of the business to be carried on by
it are hereby declared to be, to drill and
explore lands for the purpose of discov-
ering and developing oil and gas and
other minerals; to contract for the drill
ing for oil and gas wells, and to estab-
lish or lease pipe lines for the trans
portation of oil and gas; to purchase
all material, machinery and appliances
that may be needed to carry on the bus
mess of drilling and exploring for oil
and gas; to sue and be sued; to borrow
money, issue notes and generally to do
such things as are incident to the bust
ness for which this corporation was
formed as hereinbefore stated.
ST.. ARTICLE III.
The capital stock of this corporation
is hereby fixed at the sum of 100000,
divided into $50 shares of the par value
Of $4,000 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
-her that this corporation may begin
business as soon as fifty (5o) shares of
its capital stock shall have been sub
5cribed and paid for in full, either in
lash or its equivalent
ARTICLE ".
The corporate powers of this corpora
ion shall be vested in and exercised by
| board of directors consisting of three
majority of whom shall
constitute a quorum for the transaction
# business. The board of directors
hall make all bylaws, rules and regula-
ions for the management of the bust
less and the affairs of the company, and
nay amend and change the same at
pleasure. The board of directors shall
,lect the officers of this corporation. All
occurring in the board of
directors by death, resignation or other
wise, shall be filled by the remaining
directors. The first board of directors
# this corporation shall consist of J. |
). Mccain, w. H. Harper and Edwin |
:. Stewart. w. H. Harper as president, |
edwin F. Stewart as vice president and
ecretary, and ]. B. McCann as treasur-
r, which said board of directors shall
enain in office until the first Monday
i June 1911, or until their successors
hall have been duly elected and quail
ed. On the first Monday in June 1911,
nd annually thereafter, an election of
.rectors shall be held at the office of
ne corporation in the City of Shreve-
ort, Caddo Parish, Louisiana, notice of
hitch said meeting shall be given in any
ne of the newspapers published in the /