The Caucasian. (Shreveport, La.) 1900-192?, 1911-02-21
CHARTER
THE SOUTHERN OIL AND GAS
COMPANY.

= forth, duly commissioned and sworl
1 personally came and appeared P.
> Birdwell, J. P. Flournoy and R.
Holmes, all residents of the Parish c
Caddo and State of Louisiana, who de
clared to me, notary, that availing them
selves of the laws of the State Of Louis
lana relative to corporations, that the
do hereby form and constitute them
selves, as we'll as such others as may b
hereafter associated with them, into
!. body polite, and have adopted and or
dained as their charter and act of incor
poration the following, to-wit:
ARTICLE I.
The name of this corporation shall b.
THE SOUTHERN GAS AND OH
| COMPANY, with its domicile in tn,
city of Shreveport, Louisiana, and under
said corporate name it shall have and
enjoy succession for a period of fifty
years, unless sooner dissolved as herein
provided and as provided by law. All
legal pricess shall be served on the pres
ident and in his absence as provided by
the laws of the State of Louisiana.
ARTICLE II.
The objects of this corporation and
the purposes for which it is formed are
hereby declared to be to acquire, lease,
own, buy and sell, pledge and hypothe-
cate property, real personal and other
wise, in the State of Louisiana or else
where; and to explore said lands by
drilling and developing the same for oil,
gas and other minerals; and to build,
construct, equip, own and operate tank
cars, pipe lines or other means of trans
portation of oil, gas and other minerals,
and to acquire, lease, iwn and use such
personal property, drilling outfits and
other machinery as may be necessary in
conducting their said operations for oil,
gas and other minerals; and to acquire,
own and lease, hypothecate or sell any
ether property, real or personal, for
other purposes, such as buying and sell
ing as real estate agent or broker
ARTICLE III.
The capital stock of this corporation
S hereby fixed at the sum of fifty thous-
and dollars, divided into FIVE hundred
shares of the par value of one hundred
dollars each, and it shall commence bust
ness and be going concern whenever
FIVE thousand dollars of its capital stock
shall have been subscribed and paid for |
The capital stock shall be paid for in |
cash, by the transfer of property Or for |
labor done, and performed, and no stock
shall be issued which is not fully paid
for at the time of its issuance, and when |
issued under the authority of the board
of directors the same shall be fully paid |
and worcestershire.
ARTICLE ".
The affairs of this corporation shall be
and controlled by board of |
directors consisting of three stockhold-
ers who shall be elected annually at a
meeting called for that pur-
pose on the second Monday of February
Of each year, and the directors so elected
shall hold their office until their sue
cessors are elected and installed; pro-
vided that they shalt have the right to
ill any vacancy occurring in said board
BY the election of stakeholder or stock
holders for the unexpired term of such
office. Until the election of directors in
February 1912, the following stockhold-
-rs shall compose the board of directors
Of this corporation: P. R. Birdwell, who
shall be president and general manager,
treasurer; J. P. F1ournoy, who shall be
vice president; and R R. Holmes, who
shall be secretary. The board of direc-
:ors elected by the stockholders shall
elect from their number a president,
general manager, treasurer, vice presi-l
lent and secretary, and the said board
If directors may likewise elect Or ap-
point such agents as in their judgment
seems advisable for the proper conduct
If the affairs of this corporation, with
such duties and compensation as they
may from time to time prescribe, and
shall have authority to employ ali such
needed assistants, clerks, workmen or
as in their judgment
seems best; and in general shall exercise
through themselves or through their
agents all the powers and rights that
his corporation can perform or exercise
,nder the laws of the State of Louisiana.
ARTICLE v.
This charter may be amended or this
may be dissolved by vote
Of three-fourths of the capital stock
thereof at meeting called for that pur-
Jose after due notice as provided by law,
and in all stockholders meetings each
share of stock shall be entitled to one
vote cast by its owner in person or by
proxy, provided nothing herein shall be
to prevent stockholders
meeting without any notice by unani-
mons consent When +his coroora%;or &C