The Caucasian. (Shreveport, La.) 1900-192?, 1911-12-10
CHARTER
Of The Indian Drilling Company,

peared. on The date herein, the sew
craI parties whose names are here
unto signed. and who declared to me,
notary. in the presence of the attest.
ing competent witnesses, that they
do hereby form themselves into a
corporation or body polite, as well
as such other persons as may here
after become associated with them,
under the laws Of the State of Louis
lana, and they do hereby adopt as
their charter the following articles
Of agreement. tO-Wit: !.
ARTICLE !.
The name Of this corporation shall
be The Indian Drilling Company
with its domicile in the town or WI
lage Of Vivian. in the Parish Of Cad
do, State Of Louisiana, and under its
corporate name it shall have and en-
Joy succession for period OF fifty
years, unless sooner dissolved as
hereinafter provided. All legal pro-
cess shall be served on the president
or in his absence on the vice presl-
dent, or in his absence on the secre-
tary treasurer.
ARTICLE Ii.
The objects and purposes for
which this corporation is organized
and the nature of the business to be
carried on by it are hereby declared
to be to buy and sell mineral lands
and rights, and to drill, mine and ex-
Dlore lands in the State Of Louisiana
and elsewhere as the board Of direc-
tors may see proper, for oil. gas and
other minerals; to lease. suitcase
buy and sell lands, to lay pipe lines
and generally to do and perform any
and everything necessary to carry
out the purposes for which this cor
poration is organized.
ARTICLE III.
The capital stock Of this corpora
ton is fixed at the sum Of ten thous-
and dollars tsi0,00000l divided into
ten thousand shares of one dollar
per share, par value, and this cor
peration shall be going concern
when fifty per cent of the said CAPT.
tai stock shall have been subscribed
for and paid in. No stock shall be
issued until same is fully paid for
and it may issue for cash, for labor
or for property received at yalua-
ton deemed reasonable by the hoard
of directors.
ARTICLE III.
The affairs of this corporation
shall be managed and directed by
board Of directors consisting of three
stockholders, who shall be elected
annually at a general meeting of the
stockholders called for that purpose
on The third Monday I'M November 0!
each year hereafter. and the sale
stockholders shall elect their owl
officers and shall hold their office
until their successors are duly elect
ed and installed. Until The said cleo
ton on said second Monday in No;
vember hereafter The following shall
compose the board Of directors o.
this corporation. to-wil: John Bird.
well Jr., president Of said board; ?
n. Birdwell, who shah bessvice presl.
dent; and r.. n. Holmes, who shall b.
secretary-treasurer Any vacancy Il
said board Of directors shall be, fillet
by the remaining directors, electin;
stakeholder for the unexpire,
term.
ARTICLE v.
This act of incorporation may b
amended and the capital stock in
creased or decreased, or this corpor
alton may be dissolved by vote o
three-fourths of its stockholders il
amount at a stockholders meetlnI
called for that purpose in accord
ance with the laws of the State Q
Louisiana, and at all stakeholder
meetings each share of stock shall
be entitled to one vote, to be cast b
its owner either in person or b,
proxy, when not otherwise provide
by law: all stockholders shall be no
titled at least ten days prior to an,
meeting Of stockholders by lette
addressed to them at their usua
p0stoffice address, but nothing here
i'm contained shall prevent sal
stockholders from waving notice 9
such meeting and censenting to tn
holding thereof at an earlier dat'
ARTICLE VII.
No stakeholder of this corporatio
shall ever be held liable or respon
sible for the contracts or fault
thereof in any further sum than th
unpaid balance due on his stock, nc
shall any mere informality have til
effect of rendering this charter nu
or of exposing a stakeholder to an
loss beyond the amount paid for h
stock and subscribed by him.
In witness whereof the said partit
hereunto signed their names in ii
A !.