The Caucasian. (Shreveport, La.) 1900-192?, 1911-05-14

n
Far'sh' Louisiana, who declared to me
notary, in the presence Of the ,,nder
signed competent witnesses, that r7ov
do hereby form themselves with s,,ci,
others as may hereafter become asso-
c1atd with them, into 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 coroora-
ton is hereby declared to be WEIR
STER REFINING COMPANY OF.
LOUISIANA, under which said name
If shall enjoy corporate existence for =
period of ninety-nine (oo) 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 NV
pothecate property, real and personal
with all such other powers as are neces-
sary or incident to the objects and pur-
poses for which said corporation is or
gained as is hereinafter set out. The
domicile of this corporation shall be at
Mooringsport, Caddo Parish, Louisiana.
where all legal process shall be served
according 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 on 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 I:
to produce and refine crude petroleum;
to buy crude petroleum for the purpose
of refining same, and to sell crude pc
trolsum and all of the products result
ing from the refining of the same; and
to that end to establish such rehneries
as IN the discretion of the board of di-
rectors may be necessary. To 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 winch this corporat5on is or
gained.
ARTICLE III.
The capital stock of this corporation
is hereby fixed in the sum of twenty-five
thousand ($25ooo.oo) dollars, divided
INTO two hundred and fifty (25o) shares
a. fle par value of one hundred dol
lars (SIoooo1 per share, Sad stock
shall be issued for not less than par and
shall be paid for in cash or in property,
or may be issued for services rendered
said corporation in such manner as the
board of directors may determine, pro-
vided however, that this corporation
shall have the right to begin business
when FIVE thousand (S5yoooooD dollars
Of its capital stock shall be Subscribed
and paid for in full.
ARTICLE IN.
The corporate powers of this eprpor-
alton are hereby vested IN board OF
directors TO be composed OF FIVE stock
holders, which board shall be elacted
annually on the first Monday in Nay OF
each year beginning wit hthe first, Mon
day III May 1912 The officers OF this
company shall be a president, vice pres
ident and secretary and treasurer, all OF
whom shall BE selected from the board
of directors except the secretary and
treasurer. Any stakeholder may be
elected secretary and treasurer. The
board az directors shall elect the officers
Of this company, and the first board OF
directors and officers Of this company
until the first Monday in May 1912, or
until their successors shall be elected,
shall be as follows: c. D. Webster,
president; T. G. Gossett, ], F. Jamlson,
n M. PIuulb. M. H. B. Groom, vice
president; E. Groom. secretary and
treasurer. Should a vacancy occur IN
the board of directors by death or re-
sienation of director, the remaining
directors shall elect his successor. Three
members of the board of directors shall
constitute a quorum for the transaction
Of ali business. The directors shall be
elected by the stockholders, and each
share Of stock shall be entitled to one
vote to be cast by its owner in person
Or BY proxy, and the majority OF votes
shall elect. The board Of directors shall
have. full power and authority to enact
sucs rules, bylaws and regulations for
the management and the conduct Of the
basiness Of this corporation as it may
deem necessary or expedient.
ARTICLE Y.
This charter may be modified. changed
Il amended, or this corporation dis,
solved with the consent OF a majority
81 the amount Of its capital stock rep
resented at meeting Of the stockhold-