The Caucasian. (Shreveport, La.) 1900-192?, 1911-05-11
CHARTER
" HE WEBSTER REFINING
COMPANY OF LOUISIANA,

Before me, J. E. Groom. a notary NH.
nc IN and for Cadde Parish. Louisiana
auly commissioned and sworn, came
and appeared c. D. Webster, a resident
OF Orange, Texas, w. H. B, Groom z
W. Plumb, Charles Ogerly, J. F. Jami-
son. l. N, Crisp, all residents of Caddo
Parish, Louisiana, who declared to me
notary, IN the presence of the under
signed competent witnesses, that they
do hereby form themselves with such
| others as may hereafter become asso-
elatd with them, into a corporation and
body polite under the laws of the State
OF Louisiana, under the conditions and
stpuIatlons as follows, to-wit:
! ARTICLE 1.
he name and style of this corpora
ton is hereby declared to be WEB
| STER REFINING COMPANY OF
| LOUISIANA, under which said name
at shall enjoy corporate existence for a
period of ninety whine (oo) years from
the date hereof unless sooner dissolved
as hereinafter provided, and under
which said name it shall have the right
to contract. sue and be sued; to hold,
purchase, lease, mortgage, sell and by
Ipothecate property, real and personal,
with all such other powers as are neces-
sary or incident to the objects and pur-
poses for which said corporation is or
gained as is hereinafter set out The
domiciie of this corporation shall be at
Mooringsport, Caddo Parish, Louisiana
where all legal process shall be served
according to law.
ARTICLE II.
The purpose of this corporation and
the objects for which it is organized
/ and the nature of the business to bt
carried on by it are hereby declared tc
: be, to mine, drill explore and devefoI
i. lands for oil, gas and other minerals, tt
buy and sell oil and other minerals
to produce and refine crude petroleum
: to buy crude petroleum for the purpost
Iof refining same, and to sell crude pc
! troleum and all of the products result
ing from the refining of the same: ant
Ito that end to establish such refnerie
2 as in the discretion of the board of di
rectors may be necessary. To establis
and maintain pipe lines and other mean
of transportation for oil and gas, an
for the products of oil; and general
to do and perform each and everythin
that is necessary to carry ont the pun
poses for which this corporation IS OF
gained.
ARTICLE III.
The capital stock of this corporate
T. is hereby fixed in the sum of twenty-fN
Thousand ($25,ooe.oo) dollars, divide
into two hundred and fifty (25o) shar'
at the par value of one hundred do
lars (S1oo.oo) per share. Said sto'
shall be issued for not less than par al
81 shall be paid for in cash or in propert
. ar NAV be issued for. services rendert
said corporation in such manner as 4
II hoard of directors may determine, pr
u vided however, that this corporati
I shall have the right to begin buslne
! when FIVE thousand ($5,ooooo) dolla
Of its capital stock shall be subscriD
and paid for in full.
ARTICLE ".
The corporate powers of this corpe
st;o,, are hereby vested in board
d;rectors to be composed of fye stoe
holders which board shall be elect
ann,1ally on the first Monday IN May
each year beginning wit hthe first Nc
dav n Nav 1912. The officers OF Z
:, conna,,y shall be president, vice pr
~ dent and secretary and treasurer, all
whom shall be selected from the pos
q directors except the secretary g
treas,,rer Any stakeholder may
e,ected secretary and treasurer.
800 af directors shall elect the ONO
al f. Ibis company, and the first board
directors and officers of tins comp
,,nt;i the first Monday in May 1919,
antii their successors shall be cleo
and sbaI be as follows: c 2. WEBS
president J. 6. Gossett, ], :. jams
5o' r N. Plumb, W. H. B. Groom
president; j. I. Groom, secretary
treasurer. Should a vacancy occur
tbe hoard of directors by death OF
s;onation Of director, the remain al,
directors shall elect his successor.
members of the board Of directors $
constitute quorum for the transae :,
e ali business The directors sl,al
elected by the stockholders, and
share Of stock shall be entitled %
vote 10 be cast BY its owner IN pc
- ~ proxy. and the majority OF 7
shaIl elect The board OF directors
have full power and authority g
$ s,,eh rules, bylaws and regulations
he management and the conduct q
business Of this corporation as :
- dsen necessary or expedient,
ARTICLE Y.