The Caucasian. (Shreveport, La.) 1900-192?, 1910-10-02
ARTICLE II.

The domicile of this corporation shall
be IN the city of Shreveport. Louisiana,
and all citations and other legal process
shall be served on the president or in
his absence at the Office of the company
according to law
ARTICLE III.
The object for which this corporation
is organized and the nature of the bust
ness to be carried on by it is as follows:
To develop minerals, oil, gas or coal on
any property owned, leased or controlled
by it or others, in the State of Louis
lana or elsewhere in the United States
and Mexico, and generally to do all
things in furtherance thereof.
ARTICLE ".
The capital stock of this corporation
is hereby authorized to be two hundred
and fifty thousand dollars, divided into
two hundred and fifty thousand shares
at one dollar per share, par value, full
paid and worcestershire, each to be paid
for IN cash or its equivalent where sub
scribed for, and said corporation is au-
thorized to commence business when
twenty thousand shares of said stock is
subscribed and paid for.
ARTICLE V
The corporate powers Of this corpora
ton shall be vested in a board of direc-
ors of eleven stockholders, who shall
elected and serve the first two years,
and be elected annually thereafter on the
second Tuesday in August. The first
board of directors is declared to be A.
R Coomber. J. Q. Killer, R. v. Cook,
J. w. Peyton, L E. Stokes, A. A. Camp
bell ]. w. Langston, ]. B. Fnbrey, O.
C. CatIey, G. T. Talbot and ]. NJ. Wat
son, who shall serve until their success
ors are chosen The officers of this
company shall be president, vice presi-
dent and general manager and secre-
tary and treasurer, and the first of said
officers are declared TO be A. R. COON
Der, president; j. @. Killer, vice presi-
dent and general manager, and R. "
Cook, secretary and treasurer, and they
shall serve until their successors are
chosen. And said officers shall be elect
ed annually after the first two years on
said second Tuesday in August. A ma
iority Of the stock shall elect the direc-
tors, and in all elections or proceedings
of stockholders each share of stock pres
ent or represented by written proxy shall
be entitled to one vote Notice of all
elections or meetings of stockholders
shall be advertised ten days in a daily
Shreveport paper; directors to be chosen
at Office of company.
ARTICLE VI
Failure to hold an election for direc-
tors on the day named shall not dissolve
the corporation. but the incumbent dl-
rectors shall hold over until their sue
cessors are duly qualified and elected.
ANY vacancy in the board shall be filed
BY the remaining directors. The board
of directors shall have the power to con-.
tract debts, borrow money and do all
things necessary to carry out the objects
and purposes of this corporation
ARTICLE vi.
No sale of stock shall be valid or
binding on the corporation until the
same has been transferred on the books
of the company; no transfer or sale OF
stock shall Be made by any sfockfolder
ST this corporation without his giving
the company ten days notice of his IN
tention to sell and giving the said cor
poration the preference Of purchasing
same No stockholder shall be liable
Oh any obligation of this corporation N
any further sum than the amount Ct
unpaid balance on his stock. On failure
Of stockholder to pay for stock SUD-
seribed it shall be optional with the
board Of directors either to declare me
DELINQUENT shares forfeited to the cor
poration Of to sue the subscriber Tor
the orice due on all stock to be. sold Tor
not less than par.
ARTICLE VIII.
This corporation is authorised to m
crease It's capital stock by two7fnifos
vote Of ali the stockholders at meeting
held according to law. said original
stockholders shall have right to par
ticipate IN said increased issue OF STOCK
il proportion to holdings OF Original