The Caucasian., 1911-04-20
CHARTER
OF THE WYLIE DRILLING COM.
~ PANY, ~

Before me, S. Q. Williams, deputy
clerk and ex-oficio notary public in and
for the said Parish and State, duly com-
and sworn, on the 9Th day of
March 1911, came and appeared the par
ties whose names are hereunto signed, |
who declared to me, notary, and to the |
undersigned competent witnesses, that
they do hereby form themselves into a
corporation, under the laws of the State |
Of Louisiana, and under the conditions
and stipulations herein set forth, to-
wit:
ARTICLE I.
The name and style of this corpora
ton is hereby declared to be THE
WYLIE DRILLING COMPANY, and
under such name and style it shall have
and enjoy corporate existence for nine
ty-nine years from the date hereof, with
the right to contract, Sue. and be sued
and to hold, purchase, lease, mortgage,
sell and hypothecate property, real and
personal, and for such other purposes as
are necessary or incident to the lands
and developing lands for oil, gas and
other minerals and for the transporta-
ton of oil and gas and the buying and
selling oil and gas, and for the purpose
of drilling and exploring foE oil and
gas as may be necessary or Incidental to
the carrying on of the business for
which this corporation is organized as
set forth in the following article. The
domicile of this corporation shall be in
the City of, Shreveport, Caddo Parish,
Louisiana, where all legal process shall
be served according to law.
ARTICLE II.
The objects and purposes for which
this corporation is organized and the
nature of this 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 explore lands in the
State of Louisiana an delsewhere as the
board of directors may see proper, for
oil, gas and other minerals, to lease.
sub-Iease, buy and sell lands, to lay pipe
lines and generally to do and to perform
any and everything necessary to carry
out the purposes for which thi: corpora
ton is organized.
ARTICLE III.
The capital stock of this corporation
lis hereby fixed in the sum of twenty five
thousand dollars ($25,ooooo) divided
into two hundred and fifty (25o) shares
at the par value of one hundred dollars
($Ioo.oo) per share; this corporation is
to commence business when fifteen
thousand dollars (SI5,ooo.oo) of the
capital stock shall have been subscribed
for either in cash or such equivalent OF
cash as the board of directors may ap-
prove.
ARTICLE w.
The corporate powers of this corpora
ton are hereby vested in board of de
rectors composed of three stockholders,
who shall be elected annually on the
third Monday in March of each year,
beginning with 1912. The first board OF
directors, who shall serve until such
date as their successors are elected and
qualified, are hereby declared to be +.
is. Cayee, F. E. DeVore and R. Wyle.
The officers of this corporation shall be
president, vice president and secretary
treasurer, all Of whom shall be directors.
The powers and authority Of these OF
l6cers shall be fixed by bylaws TO be
adopted by the directors of the corpora
ton. The first officers of the corpora
| lfion. who shall serve under their sue
lcessors are elected by the next board OF
directors and qualified, are hereby de-
clared to be: President, E. S. Cayce;
vice president, F. E. DeVore; secretary
treasurer, R. Wylie. At all meetings OF
the stockholders for the election of di-
rectors, or for any other purpose (ex-
Icept the increasing and decreasing OF It's
eapital stock) the majority of stock
Enresent or represented at such meeting
shall control; each share OF stock to be
entitled to one vote, to be cast in person
for by proxy. Notice of all elections or
of the meetings of the stockholders
shall be given by ten days notice by reg
listered mail addressed to each stock
holder, which shall be taken as full no
Itice. without the necessity of any adver-
Itisenent. Notice of all meetings OF the
hoard of directors shall likewise be
| given by notice to each director by reg
istered mail ten days before the pro-
posed meeting, and such notice having
been given or waived in writing by ths
directors, two directors shall constitute
quorum for the transaction of bust
xess
ARTICLE ".
No stockholder shah be liable on &C,
count OF any obligations of this corpor.
alton in any other sum than the an1oun
of unpaid balance due him on stock sub
scribed for. No irregularity nor an.
Il u