The Caucasian. (Shreveport, La.) 1900-192?, 1910-09-11

as may be deemed necessary, and the
same to alter at pleasure.
ARTICLE II.
The domoci1e of this corporation is
hereby fixed in the City of Shreveport.
Caddo 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 ands 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-
suners and to customers i'll 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 hy-
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 inciden-
tai to the purposes and objects herein
set forth.
ARTICLE ".
The capital stock of this corporation
is hereby fixed at two hundred and fifty
thousand ($25o,ooo.oo) 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 iudg.
ment of the board of directors as to the
value of the properly, labor or services
so taken shall be conclusive, provided
that no stock shall be issued at less thar
its par value; and shall begin bushes!
and be a going concern when all of tht
stock is subscribed and paid for. Eacf
share of stock shall be entitled to ons
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 a board o
five directors selected from the stock
holders, which said board of director!
shall Be elected annually BY the stock
holders on the first Monday in Angus
hereafter The first board of directors
who shall 5 serve until their successor.
are elected and qualified, are hereby de
clared to be E. S. Cayce, NJ. A. Currie
Thomas E. Bird, ] L. Breatfwit ant
w II. Scheen, and in case of death OF
resignation Of any of the directors, his
successor shall be chosen by the remain
ing directors; three directors shall con.
stitute a quorum. The board of direc-
tors shall have the right to appoint ar
executive committee of three from theii
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 a president, a vice president and a
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. Seheen, vice president; and NJ. 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 a
shorter time when there is waiver of