The Caucasian. (Shreveport, La.) 1900-192?, 1911-10-22
CHARTER
Of The Caycc Company.

Before me, the undersigned no.
tary public. duly commissioned and
sworn. appeared Z. :. Cayce, b. b.
Terry and ]. W. Oliver. all residents
of Shreveport. Caddo Parish, Louis
lana. who declared to me that they
do hereby form themselves into a
corporation under the laws oi the
State Of Louisiana. under The stipu-
latf6ns hereinafter set out, to-wlt
ARTICLE |.
The name and style IF this corpor-
alton is hereby declared to he The
Caycc Company; IL shall have the
right to enjoy succession for ninety
ninc years, with the right to con-
tract. sue and Ne sued; and 10 hold,
purchase. lease, sell and hypothc-
cate property. real and personal; its
domicile shall be i'll the city OF
Shreveport. Louisiana, and all eta
tons and other legal process shall
be made on its president. or in his
absence at the Office of the company
according to law.
ARTICLE II.
The object for which this cOrpor-
alton is organized and the nature OF
the business to be carried on by 1t
are hereby declared to be to develop
land for oil and gas; to buy and sell
oil and gas and other minerals: to
lease. buy and sell oil and gas lands,
and to do such other things as are
incident to the business of produc-
ing oil and gas.
ARTICLE III.
The authorized capital stock OF
this corporation is hereby fixed in
The sum Of thirty thousand $4,000
dollars, divided into three hundred
1900 shares of one hundred $500
dollars each. The corporation Is att
thorized 10 commence business
whenever one hundred 100 shares
of its capital stock il subscribed and
paid for. The capital stock Of this
i0A IfOi dll3lt NIldII ~ tttSlfNE3Al w. Aot
rv,t less than it, par value. and all
stock issued by this corporation
shall he fully paid and non-assess-
able. provided. however. that the
corporation may issue stock in pay
ment of lands or leases or other
property, TO the extent of the cash
value thereof in the opinion Of the
board Of directors of this company.
ARTICLE ".
The corporate powers Of this cor
poration shall be vested in a board
Of directors consisting of three
stockholders who shall be annually
elected on the second Tuesday in
January. The first board Of direc-
tors is declared to be e. $. Cayce,
j. w. Oliver and b. B. Terry. who
shall serve until the second Tuesday
in January 1912, or until their sue
cessors are elected. The officers Of
this company shall be a president,
vice president, secretary and treas
urer, and the first of said officers is
declared to be E. S. Cayce, president;
b. b. Terry, vice president, and ]. w.
Oliver, secretary and treasurer. The
said officers shall be elected annual
ly on the second Tuesday in Janu-
ary.' A majority of the stock shall
elect the directors, and in all cleo
tions or proceedings Of stockholders
each share OF stock present or rep
resented by written proxy shall be
entitled to oHe vote Notice of all
elections or meetings OF stockho1d-
crs shall be advertised Ten days in a
daily newspaper published in the
city Of Shreveport, provided, how
ever. that such notice may be
waived by unanimous consent Of the
stockholders
ARTICLE Y.
No stakeholder shall be liable on
account Of any obligation to this
corporation III any other sum than
the amount Of unpaid balance due
by him on the stock subscribed for
No irregnlarity or any informally in
organization shall have the effect of |
rendering this charter null or Of ex-
posing any stakeholder to any LA
billy beyond such unpaid balance.
ARTICLE VI.
This charter may be amended Tex
cept as to increasing or decreasing
It's capital stock by a two-thirds
vote of stock represented al meet |
ing of the stockholders convened for
such purpose, after ten days pre-
vious notice By publication in any
one of the newspapers of the city of |
Shreveport, Louisiana. Wheneverl
this corporation is dissolved by linn
station or otherwise, its affairs shall
be liquidated by three commissions
ers elected at a stockholders meet
ing. who shall have full power to
wind up its affairs and settle its in
AxkR II