The Caucasian. (Shreveport, La.) 1900-192?, 1911-10-15
CHARTER
OF the Shreveport Oil Company


DO: Before me, Roland Williamson,
a notary public in and for the Par
ish of Caddo and State of Louisiana,
duly commissioned and sworn, on
this End day OF October A. D. 1914,
came and appeared the parties
whose names are hereunto signed,
and declared to me- notary, and to
the undersigned competent wit
nesses, that they do hereby form
themselves into corporation under
the laws of the State of Louisiana
and under the following articles to-
wit:
ARTICLE |.
The name and style of this cor
poration is hereby declared to be
Shreveport Oil Company. Under
such name and style it shall have
corporate existence for the period
of fifty years from this date. 1t shall
have the right to contract, sue and
be sued; to hold, purchase, lease,
mortgage, sell and hypothecate
property, personal and real, and
such other rights incident to con-
iucting the business of an oil COM
pany in developing lands for oil, gas
and all such minerals as may be dis
covered, together with the right to
buy and sell oil, gas and minerals,
and the rights of drilling and ex-
ploring for oil, gas or other minerals
and all other necessary and inciden-
tai rights connected with such bust
ness and company.
ARTICLE ii.
The domicile of this corporation
shall be in the City of Shreveport.
Gaddo Parish, Louisiana, where all
legal processes shall be served &C
cording to law upon the president,
OF, in his absence, upon the secre-
tary of the corporation.
ARTICLE III.
The object and purpose for which
this corporation is organized is TO
carry on a general oil business. in
GLIDING the buying and selling of
lands, oil, gas and other minerals;
the drilling, mining and exploring
said lands in the State of Louisiana
and elsewhere, as the board of di-
rectors may direct, for oil, gas and
other minerals, including the right
to produce water and to utilize the
same as the directors may deem
proper; to lay pipe lines, establish
stations, loading racks, commissar-
les, and such other Incidental pur-
poses as may be necessary for the
conduct of the corporate business.
ARTICLE ".
The capital stock of this corpora
ton is fixed at twenty-five thousand
$25,OOO00l dollars, divided into two
hundred and fifty $50 shares Of
one hundred $4,000 dollars each,
and the corporation is to begin bus
mess when fifty shares are sub
scribed for and paid into the treas
urer, either in cash or property
equivalent thereto. All stock issued
shah be fully paid and non-assess-
able.
ARTICLE V.
The powers of this corporationI
are vested in the board Of directors
composed of three stockholders OF
the company who shall hold office
until their successors shall be duly |
elected and qualified. The stock
holders shall hold an annual meet
ing On the first Monday in October
1912, at which annual meeting of
the stockholders directors shall be
elected for the next ensuing year,
and said stockholders meeting shall |
transact such other business as may
come before said meeting,
which annual meeting of the stock
holders shall be Immediately fol-
LEVIED by an annual meeting of the
directors who shall elect officers for
the ensuing year and attend to such
other matters as may properly come
before the directors meeting. The
first board of directors who shall
serve until the next election in 1912
are hereby designated: l.. E. Stat
ford, C. C. Stafford and G. A. Morse.
ARTICLE vi.
The officers of this corporation
shall be president, vice president,
secretary and treasurer, all of
whom shall be directors. The office
Of secretary and treasurer may be
combined or either may be COM
bined in one office with the presi-
dent or vice president, and such of
licers for the first year are hereby
designated as follows: L. E. Stafford,
G. G. Stafford, vice presi-
dent. and G. A. Morse, secretary andi
treasurer. No officer shall ever bel
elected in this corporation who isl
not stakeholder in the same. Thel !.
powers and authority of the officers