The Caucasian. (Shreveport, La.) 1900-192?, 1911-04-09
CHARTER
OF THE WYLIE DRILLING COM
PANY.

OF THE WYLIE DRILLING CON-
PANY.
Before me, S. o. Williams, deputy
clerk and ex-oficio notary public in and
for the said Parish and State, duly COM
missioned and sworn, on the 9Th day of
March 1911, came and appeared the par
ties whose names are hereunto signed,
who declared to me, notary, and to the
undersigned competent witnesses, that
they do hereby form themselves into a
corporation, under the laws of the State
of Louisiana, and under the conditions
and stipulations herein set forth, to
wit
ARTICLE |.
The name and style of this corpora
ton is hereby declared to be THE
WYLIE DRILLING COMPANY, and
under such name and style it shall have
and enjoy corporate existence for nine
ty-1line years from the date hereof, with
the right to contract, size and be sued /;
and to hold, purchase, lease, mortgage,
sell and hypothecatc property, real and
personal, and for such other purposes as
are necessary or incident to the lands
and developing lands for oil, gas and
other minerals and for the transporta-
ton of oil and gas and the buying and
selling oil and gas and for the purpose
of drilling and exploring for oil and
gas as may be necessary or incidental to
the carrying on of the business for
which this corporation is organized as
set forth in the following article. The
domicile of this corporation shall be in
the City of Shreveport, Caddo< Parish,
Louisiana, where all legal process shall
be served according to law.
ARTICLE II.
The objects and purposes for which
this corporation is organized and the
nature of this business to be carried on
by it are hereby declared to be to buy
and sell mineral lands and rights and to
drill, mine and explore lands in the
State of louisiana an elsewhere as the
board of directors may see proper, for
oil, gas and other minerals, to lease,
suitcase, buy and sell lands, to lay pipe
lines and generally to do and to perform
any and everything necessary to carry
out the purposes for which this corpora
ton is organized.
ARTICLE III.
The capital stock of this corporation
is hereby fixed in the sum Of twenty five
thousand dollars ($25,ooo.oo1 divided
into two hundred and fifty (z5o) shares
at the par value of one hundred dollars
$4,000 per share; this corporation is
TO commence business when fifteen
thousand dollars (SI5,ooooo) Of the
capital stock shall have been subscribed
for either in cash or such equivalent OF
cash as the board of directors may APP
prove.
ARTICLE ".
The corporate powers of this corpora
ton are hereby vested in board of di-
rectors composed of three stockholders,
who shall be elected annually on the
third Monday in March of each year,
beginning with 1917 The first board of
directors, who shall serve until such
date as their successors are elected and
qualified, are hereby declared to be E.
S. Cayce, z. E. DeVore and r. Wylie.
The officers of this corporation shall be
president vice president and secretary
treasurer, all of whom shall be directors.
The powers and authority OF these of
hcers shall be fixed by bylaws to be.
adopted by the directors of the corpora.
ton. The first officers Of the corpora
ton, who shall serve under their sue
.cessors are elected by. the next board of
directors and qualified, are hereby de-
clared to be: President. E. S. Cayce;