The Caucasian. (Shreveport, La.) 1900-192?, 1910-11-15

SdluS lOA 0li, gas VI OttiSt AiiillSA dloJ e1ii'
to build, construct, equip, own and ope
rate tank cars, pipe lines or other mean
of transporting oil, gas, or other min
erals, and to acquire, lease, own and u.s.
fsuch personal property, drilling outfit
and other machinery as may be neces
sary in conducting their said operations
for oil, gas or other minerals.
ARTICLE III.
The capital stock of this corporation
is hereby fixed at thirty thousand dollars
divided into three hundred shares of tht
par value of one hundred dollars each
and it shall commence business and be,
come a going concern whenever five
thousand dollars of its capital stock i:
subscribed and paid for The capita
stock shall be paid for i'll cash, by the
transfer of property or for labor done
and services performed, and no stock
shall be issued which is not fully paid
for at the time of its issuance, and when
issued under the authority of the board
Of directors the same shall be fully paid
and non assessable.
ARTICLE ".
The affairs of this corporation shall
be managed and controlled by board
of directors consisting of five stock
holders who shall be elected annually
at stockholders meeting called for that
purpose on the second Monday in Oc-
tober of each year, and the directors so
elected shall hold their office until their
successors are elected and installed !;
provided that they shall have the right
to fill any vacancy occurring in said
board by the election of a stakeholder
or stockholders for the unexpired term
of such office. Until the election of di
rectors in October 1911, the following
stockholders shall compose the board OF
directors Of this corporation: J. b.
Moore who shall be president; l.. A.
who shall be vice presi
dent; l.. J. Cox, who shall be secretary
and treasurer, and Henderson Muckel
roy and ]. |. Huff. The board of direc-
tors elected by the stockholders shall
elect from their number president, a.
vice president and secretary and treas
urer, and the said board of directors may
likewise elect or appoint a general man
ager of the affairs of this corporation
with such duties and compensation as
they may from time to time prescribe,
and shall have authority to employ all
such needed assistance, clerks, worknen
Of superintendent as in their judgment
may be best for the corporation, and in
general shall perform all of the duties
md exercise all of the rights either
through themselves or others, that this
can perform or exercise TN
Ter the laws of the State of Louisiana.
ARTICLE V.
This charter may be amended or this
may be dissolved by a vote
IF three foufths of the capital stock
hereof at a meeting called for such pur
rose after due notice as provided by law,
md in all stockholders meetings each
share of stock shall be entitled to one
tote cast by its owner in person or by
proxy; provided nothing herein shall be
to prevent a stockholders
meeting without any notice by unani-
nous consent. When this corporation
S dissolved, either by limitation or 9TH
.rwise, its affairs shall be liquidated by
liquidator appointed for that purpose
it a general stockholders meeting, and
lie shall give such bond and perform
uch duties as said stockholders may re-
Iuire of him
ARTICLE VI.
No stakeholder of this corporation
hall ever be held liable or responsible
or the contracts or faults thereof in any |
urther sum than the unpaid balance due
o the corporation on the shares owned
" him, nor shall any mere itlformality
II organization have the effect of rem
lering this charter null or of exposing
stakeholder TO any liability beyond the
mount of his stock.
In testimony whereof the said parties
lave hereunto signed their names and
AVE set opposite the name of each the
lumber of shares of the capital stock
for by them, and which shall
erye as a subscription list to the capital
took of said corporation, in presence of
he undersigned attesting witnesses, and
ne, notary, on this the 18th day of DC
ober, 1910.
J. b. MOORE.
/. A. ABERCROMB1E.
HENDERSON MUCKELROY. |
L. ]. cox.
J. I. HUFF.
Attest:
y,ryT 17Tr tr14r1TA