The Caucasian. (Shreveport, La.) 1900-192?, 1911-12-10
CHARTER
OF Oil City Iron Works OF ShreNc-
port. La, and Oil City.

I port. La, ana WI NitN.
: state Of Louisiana. Parish ct Cad
do: BE II remembered that ON the
i2ilh daN Of November 1911, before
me, Frank \. Blanchard, Il notary
public, came and appeared Il. L.
Dobson. H. e.. Brewster and Y. NJ
Dobson. residents of said Parish ana
State. who stated and declared to
me, notary, that aVaillng themselves
of the Constitution and laws OF the
Estate of Louisiana, relating to the
formation of corporations, they nave
formed and do by these presents
form and constitute themselves as
we'll as such other persons as may
hereafter become associated WIN
Them into a corporation and bohy
corporate and have adopted as th'iI
charter The following, to-wit:
ARTICLE /.
The name of this corporation
shall be Oil City Iron Works Com
pany, with lis domlcllc IN the Guy
Of Shreveport. Parish OF Caddo, La
and under its corporate name u
shall have and ENJOY succession tor
period of fifty years unless sooner
dissolved as hereinafter stated. All
legal process shall be served on It's
president, or in his absence on the
vice president, or in the absence OF
both Of said officers on the secre-
tary.
| ARTICLE II.
The object of this corporation ana
the purpose for which II Is formed
is hereby declared to be to buy ana
sell and manufacture and repair
machinery Of all kinds and makes,
iron. pipe and Il general OIL we'll sup
| ply business: conduct own ana Opc-
rate a machine shop with equip
mcns. do a general repair business
and conduct IA general mercantile
business, and to own, lease and ac-
quirc real. personal and mixed prop
rrty. and The same to sell, and to do
all things necessary to carry out the
object of This corporation.
ARTICLE III.
The capital stock of Ibis corpora
ton is fixed at the sum of twenty
five thousand lS25, 100000 dollars, di-
vidcd into two hundred and fifty
$50 shares of the par value Of one
hundred dollars per share. and this
corporation shall commence bust
ness when len thousand dollars Of
its capital stock is subscribed for
and paid in cash or its equivalent.
But no stock shall be issued until
the same is fully paid for as above
stated.
ARTICLE ".
The affairs of this corporation
shall be managed and directed by a
board Of directors consisting of
three stockholders who shall be |
elected annually at a general stock |
holders meeting for the purpose on
the first Monday in January of each |
year. and The said stockholders 50
elected shall elect their own officers |
who shall hold Office for one year
or until their Successors are elected !
and qualified. Until the election on
the first Monday in January 1913 the
following shall compose the board |
of directors Of This corporation: r.
l.. Dobson. H. &. Brewster and V. NJ.
Dobsou. Of whom r. l.. Dobson shall
be presidents: H. e.. Brewster vice /
president and treasurer, and Y. NJ. J
I)0bson. secretary. Any vacancy in
the board of directors shall be filed
by the remaining directors rlcctine
a stakeholder for the unexpircd
term Il
ARTICLE Y.
Whenever his corporation is dis
solved by limitation OF otherwise.
lis affairs shall be liquidaled by two
persons selected for the purpose at
A stockholders meeting duly held,
and said llquidators shall perform
such services and give such security |,
as said stockholders may demand.
ARTICLE VI.
This acI OF incorporation may be
and the capital stock in
creased or diminished or this cor
poration may be dissolved by vote
IF thrre-fourths of its stockholders
N amount at stockholders meeting
Jailed for that purpose i'll accord
ance with the law of the State of f;
Louisiana. and at all stockholders
each share of stock shall Il
De entitled to one vote to be east by
is owner either in person or by {
ortxy. When not otherwise provid-
ID by law all stockholders shall be {
1pf find Of Inacf to. dax-., ,,r;cn ,