The Caucasian. (Shreveport, La.) 1900-192?, 1911-12-26


missioned and sworn, came and ap-
peared on the date herein the par
ties whose names are hereunto
signed, and who declared TO me, no.
tary, and the undersigned competent
that they do hereby form
into a corporation under
the laws of the State of Louisiana
and under the following articles,
which they hereby adopt as their
charter, tO-wit:
ARTICLE /.
The name of this corporation shall
be The Barker Development Com
pany. with its domicila i'll the City OF
the Parish of Caddo, and
State of Louisiana, and under its
name it shall have and en-
JOY succession for a period of fifty
years, unless sooner dissolved as
hereinafter provided. All legal pro-
cess shall be served on the president,
VI Ill HIS dpStllJt btl tIC NlOC ~ Cot-
dent, or in the absence Of both on
the secretary treasurer,
ARTICLE II.
The objects OF this corporation
and purposes for which il is formed
are hereby declared 10 be to own,
acquire, lease, drill or otherwise de-
velop, oil or gas lands or oil or gas
wells in the State of Louisiana or
elsewhere, and to construct, maiI-
tain. own and operate pipe lines or
conduils for the purpose OF piping
or transmitting natural gas, oil or
other minerals, and to that end to
acquire, lease and own such real
estate or other property or right OF
way as may be necessary 10 effect
ually carry out its purposes, And,
further. to engage in the buying and
selling Of gas. oil and other Miner
ais. and to do any other thing re-
quisiie for the proper conduct and
operation of said objects and pur-
poses.
ARTICLE III.
The capital stock Of this corpora
ton is fixed al the sum of one hun
dred thousand dollars, divided into
one thousand shares of the par value
of one hundred dollars each. and it
shall be fully subscribed for. No
stock shall issue until the same is
fully paid. and may be issued for
cash, for labor nr for property re-
ceivcd al valuation deemed reas-
onabie and fair by he board of di-
rectofs.
ARTICLE ".
The affais Of this corporation
shall be managed and directed by a
board Of directors consisting of
three stockholders, who shall be-
elected annually at q general meet
ing Of the stockholders called for
that purpose on The second Monday
in November Of each year hereafter,
and the said stockholders shall elect
their own officers and shall hold
their Office until their successors are
duly elected and installed. Until the
election on the second Monday in
November hereafter the following
shall compose the board of directors
of this corporation, to-wit; p. R.
Birdwel who shall be president and
treasurer: R. r. Holbes, who shall be
vice presidents and John Birdwell
Jr., who shall be secretary. Any va
cancy in said board of directors
shall be filled by the remaining di-
rectors electing stakeholder for
the unexpired term.
ARTICLE V.
Whenever this corporation is dis
solved, by limitation or otherwise,
its affairs shall be liquidated by two
persons selected for that purpose at
a stockholders meeting duly held,
and said Iiquidainrs shall perform
StItH StINitf anu EENB AuFN FEtdlity
as said stockholders meeting may
ARTICLE VI.
This act of incorporation may be
amended and the capital stock in
creased or diminished, or this cor
|poration may be dissolved by vote
|of three-faqrths Of its stockholders
lin amount at q stockholders meeting
called for that purpose III accord
ance with the laws of the State of
Louisiana, and at all stockholders
meetings each share of stock shall
be entitled to one vote. to be cast by
its owner, either in person or by
proxy. When not otherwise provid-
ed by law, all stockholders shall be
notified at least ten days prior TO
Iany meeting of stockholders by a
letter addressed to them to their
usual postolllce address, hut nothing
herein fantaiped shall prevent said
stockholders from waving notice Of
such meeting and consenting to the
holding thereof nj al earlier date.
ApTICI r. VII