The Caucasian. (Shreveport, La.) 1900-192?, 1911-05-21
CHARTER
OF THE WEBSTER REFINING
COMPANY OF LOUISIANA.

Before me, ]. T. Groom, notary pub
lie in and for Caddo Parish, Louisiana,
duly commissioned and sworn, came
and appeared c. D. Webster, a resident
of Orange, Texas, w. H. B. Groom, F.
W. Plumb, Charles Ogerly, J. F. Jami
son, L. n Crisp all residents of Caddo
| Parish, louisiana who declared to me,
notary, in the presence of the under
signed competent witnesses, that they
do hereby form themselves with such
others as may hereafter become assO-
ciatd with them, into a corporation and
| body polite under the laws of the State
of Louisiana, under the conditions and
stipulations as follows, to-Wit:
ARTICLE I.
The name and style of this corpora
ton is hereby declared to be WEB
STER REFINING COMPANY OF
LOUISIANA, under which said name
| it shall enjoy corporate existence for a
period of ninety-nine 800 years from
| lllS ddlC ICICOl uilISSo SOSliNi SOANNb
as hereinafter provided, and under
which said name it shall have the right
to contract, Sue and be sued; to hold,
purchase, lease, mortgage, sell and by
pothecate property, real and personal,
with all such other powers as are neces-
sary or incident to the objects and pur-
IDOses for which said corporation Is or
gained as is hereinafter set ont. The
domicile Of this corporation shall be at
Nooringsport, Caddo Parish, Louisiana,
where all legal process shall be served
iaccording to law.
ARTICLE II.
The purpose Of this corporation and
| the objects for which it is organized
and the nature of the business to be
carried OH by it are hereby declared to
be, to mine, drill, explore and develop
lands for oil gas and other minerals, to
buy and sell oil and other minerals );
to produce and refine crude petroleum
to buy crude petroleum for the purpose
Of refining same, and to sell crude pc
Itroleum and all of the products result
ing from the refining of the same; and
to that end to establish such, refineries
as in the discretion of the board OF di-
rectors may be necessary. 70 establish
and maintain pipe lines and other means
of transportation for oil and gas, and
for the products of oil; and generally
to do and perform each and everything
that is necessary to carry out the pur-
poses for which this corporation is or
gained.
81 ARTICLE III.
The capital stock of this corporation
is hereby fixed in the sum of twenty-five
thousand ($25,ooooo) dollars, divided
into two hundred and fifty ESQ shares
at the par value of one hundred dol
lars ($Eoo.oo) per share. Said stock
shall be issued for not less than par anC
shall be paid for in cash or in property
or NAV be issued for services rendered
said corporation in such manner as the
board of directors may determine, pro
4 vided however, that this corporation
shall have the right to begin business
when FIVE thousand ($5ooooo) dollar
:. of its capital stock shall be subscribed
and paid for in full.
ARTICLE ".
The corporate powers of this corpor
alton are hereby vested i'll board o
directors to be composed of FIVE stock
! holders, which board shall be elected
annually on the first Monday in May 0
each year beginning wit hthe first Mon
day in May 1912. The officers of th
company shall be "a president, vice pres
idcnt and secretary and treasurer, ali o
. whom shall be selected from the boart
of directors except the secretary AM
treasurer. Any stakeholder may b
e1ected secretary and treasurer. Tn
board Of directors shall elect the officer
of this company, and the first board o
directors and officers of this compan
: until the first Monday in May 1912, o
until their successors shall be elected
shall be as follows. c. D. Webster
president; J. G. Gossett, J, F. Jamisor
F. w. Plumb, w. H. B. Groom, vic
! president; ]. E. Groom, secretary ant
treasurer Should a vacancy occur
the board of directors by death or re
signation Of director, the remaining
directors shall elect his successor. Thre
members of the board of directors shall
constitute a quorum for the transaction
Eof all business. The directors shall b.
! elected by the stockholders, and eacl
share Of stock shall be entitled TO on
, vote to be cast by its owner in person
OF by proxy, and the majority of vote
shall elect The board of directors shal
have full power,,and authority to enac
such rules, bylaws and regulations TO
the management and the conduct of tn,
business of this corporation as it ma,
, deem necessary or eXDGdlerlt.