The Caucasian. (Shreveport, La.) 1900-192?, 1911-02-12
CHARTER
THE SOUTHERN OIL AND GAS
COMPANY

personally came and appeared P. R
Birdwell, ]. P Flournoy and R. R
Holmes, all residents of the Parish OF
ICaddo 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 they
do hereby form and constitute them
selves, as we'll as such others as may be
hereafter associated with them, into a
body polite, and have adopted and or
dained as their charter and act of incor-
poration the following, to-wit:
ARTICLE T.
The name of this corporation shall be
THE SOUTHERN GAS AND OIL
| COMPANY, with its domicile in the
lefty 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
other 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
lis 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
mess and be a going concern whenever
FIVE thousand dollars of its capital stock
shall have been subscribed and paid for
The capital stock shall be paid for ID
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 w.
The affairs Of this corporation shall be
managed and controlled BY a board Of
directors consisting of three stockho1d-
ers who shall be elected annually at al
stockholders 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-
yided that they shall have the right to-
FIJI any vacancy occurring In said board
by the election of a stakeholder or stock
holders for the unexpired term of such
Office Until the election of directors in
February 1912, the following stockhold
ers shall compose the board of directors
of this corporation: P. R. Birdwell, who
shall be president and general manager,
treasurer; j. P. Flpurnoy, who shall be
vice president and R r. Holmes, who
shall be secretary. The board Of direc-
tors elected by the stockholders shall
elect from their number president,
general manager, treasurer. a vice presi-
dent and a secretary and the said board
of directors may likewise elect Or APP
point such agents as in their judgment
seems advisable for the proper conduct
Of the affairs Of this corporation, with
such duties and compensation as they
may from time to time prescribe, AMI
stlall nave authority to employ al stlcil
needed assistants. clerks, WorInen OF
superintendents as in their judgment
seems best ard in general shall exefcise
through themselves through hsi
agents all the powers and liassts
this corporation can perform or esaefcis-
under the laws of the State Of Louisiana
ARTICLE ".
This charter may be amended OF this
corporation may be dissolved by a vote
of threeefourths Of the capital stock
thereof at a meeting called for that pur-
pose 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-
nous consent. When this corporation is
dissolved, either by limitation or other
wise, its affairs shall be liquidated by a
hanidator appointed for that purpose at