The Caucasian. (Shreveport, La.) 1900-192?, 1911-09-26
CHARTER
vi the Webster Refining Company
of Louisiana.

AC0SAS IlC, u. T.. IIOolu, HVLdIS
public in and for Caddo Parish, La,
duly commissioned and sworn, same
and appeared C. d. Webster, a resi-
dent of Orange, Texas, w. H. B.
Groom, F. w. Plumb, Charles Ogerly,
j. F. Jamison, L. N. Crisp, all resi-
dents of Caddo Parish, La, who de-
clared to me, notary, in the presence
OF the undersigned competent wit
nesses, that they do hereby form
themselves with such others as may
hereafter become associated 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 l.
The name and style of this corpor-
alton is hereby declared to be Web
stcr Refining Company Of Louisiana,
under which said name it shall en-
JOY corporate existence for a period
of ninety-nine (99) years from the
date hereof unless sooner dissolved
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 hypothecate property, real and
personal, with all such other powers
as are necessary or incident to the
objects and purposes for which said
corporation is organized as is here
matter set out. The domicile of this
corporation shall be at Mornings
port, Caddo Parish, La, where all
legal process shall be served accord
ing to law.
ARTICLE III.
The purpose of this corporation
and the objects for which it is or
ganiZed and the nature of the bust
ness to be carried on by it are here
by declared to be, to mine, drill, ex-
plore, 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 re-
sulting from the refining OF the
same; and to that end establish such
lreflneries as in the discretion of the
board of directors may be necessary
To establish and maintain pipe lines
and other means of transportation
for oil and gas, and far the products
of oil; and generally to do and per-
iron each and everything that is
necessary to carry out the purposes
for which this corporation is or
ganized.
| ARTICLE III.
The capital stock of this corpora
ltion is hereby fixed in the sum OF
twenty-five thousand 1926, 000) dol
liars, divided into two hundred anI
fifty $3.50 shares at the par value OF
lone hundred ($i00) dollars pei
lshare. Said stock shall be issued fol-
mot less than par and shall be paIG
flor in cash or in property, or may
be issued for services rendered sale
Incorporation in such manner as thu
hoard of directors may determine
provided, however, that this corpor-
Iation shall have the right to begif
business when five thousand $4,000
dollars of its capital stock shall 81
subscribed and paid for in full.
ARTICLE ".
| The corporate powers OF this cor
lporation are hereby vested IN
board of directors to be composed o
live stockholders, which board shall
he elected annually on the first Mon
lday in May of each year beginning
with the first Monday in May 1912
1.-The officers of this company shall
he a president, vice president AM
secretary and treasurer, all OF whom
lshall be selected from the board Q
ldirectors except the secretary an
treasurer. Any stakeholder may b
detected secretary and treasurer. IN
Iboard of directors shall cleo
1.-The officers of this company, an
1.-The first board of directors an
Iofficers of this company unit
1.-The first Monday in May 49,
lor until their successors shall b
detected, shall be as follows: G. |
Webster, president; j. G.. Gossett,
f. Jamison, F. w. Plumb, w. II. /
Groom, vice president; j. Z. Groom
secretary and treasurer. Should
, Vacancy occur in the board OF dlrec
lters by death or resignation OF Oh
rector, the remaining directors sha
lelect his successor. Three member
lof the board of directors shall con
lstitute a quorum for the transactio
lof all business. The directors sha
Ibe elected by the stockholders, an
J leach share of stock shall be entitle
Ito one vote, to be cast by its ownt
lin person or by proxy, and the ms
fiority of votes shall elect. The boar
: LOT directors shall have full poWt
io,,a fa,4barity tn enact SIleh rule