The Caucasian. (Shreveport, La.) 1900-192?, 1911-09-19
CHARTER
OF the Webster Refining Company
OF Louisiana


duly commissioned and sworn. same
and appeared C.. d. Webster, a resi-
dent of Orange, Texas, W. H. b
| Groom, +. w. Plumb, Charles Ogerly
| J. f. Jamison, l.. n. Crisp, all resi-
dents of Caddo Parish, La who de-
clared TO me, notary. in the presence
lOf the undersigned competent wit
nesses, that they do hereby form
themselves with such others as may
hereafter become associated with
| them, into a corporation and body
polite under the laws of the State
of Louisiana. under the conditions
and stipulatons as follows, to-wit :
ARTICLE |.
The name and style of this corpor-
alton is hereby declared to be Web
stcr Refining Company OF Louisiana,
under which said name it shall en-
| Joy corporate existence for period
of ninety-nine 800 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 hvpothecate property, real and
personal. with all such other powers
as are necessary or incident to the
objects and purposes for which said
corporation is organized as is here
matter set out. The dOmiCile of this
corporation shall be at Moorings-
port, Caddo Parish, La, where all
legal process shall be served accord
ing to law.
ARTICLE II.
The purpose of this corporation
and the objects for which it is or
ganized and the nature of the bust
ness 10 be carried on by it are here
by declared to be. to mine, drill, eX-
plore, and develop lands for oil, gas
land other minerals 10 buy and sell
oil and other minerals; to produce
and refine crude petroleum. to buy
crude petroleum for the purpose OF
lrefning same, and to sell crude pc
!troleum and all of The products re
lsulting from The refining Of The
same: and to that end establish such
Irefineties as in the discretion of the
board of directors may be necessary
| To establish and maintain pipe lines
land other means Of transportation
for oil and gas, and far The products
of oil; and generally to do and per
from each and everything that Is
necessary to carry out the purposes
lfor which this corporation is or
lganized.
| ARTICLE III.
The capital stock of this corpora
ltion is hereby fixed in the sum OF
Twenty thousand $4,000 dol
liars. divided into two hundred and
fifty $50 shares at the paRvalue OF
one hundred (sl00l dollars pei
share. Said stock shall be issued for
mot less than par and shall be paid
flor in cash or in property, or may
be issued for services rendered sale
Incorporation in such manner as the
hoard of directors may determine
Iprovided. however, That this eorpor-
.lation shall have the right to begir
business when five thousand $4,000
dollars of its capital stock shall bC
lsubscribed and paid for in full.
/ ARTICLE ".
i The corporate powers of this cor,
poration are hereby vested i'll
board of directors to be composed o
five stockholders, which board shall
lbe elected annually on the first Mon
lday in May of each year beginning
: with The first Monday in May 1915
. The officers of this company shall
be a president, vice president an
[ secretary and treasurer, all OF WHOM
} shall be selected from the board o
directors except the secretary an
treasurer. Any stakeholder may b
( elected secretary and treasurer. Th
I Hoard of directors shall elee
r the officers of this company, an
! 1.-THE first board of directors an
( Ioi1icers of this company unit
| the first Monday in May 1871
s Tor until their successors shall b
s detected, shall be as follows: G. !
{ Webster president: J. G. Gossett,
e F. Jamison, +. w. Plumb, w. H.
O Groom, vice president; j. f. Groom
O secretary and treasurer. Should
r Vacancy occur in the board OF dlret
4 tiers by death or resignation of a d
II rector, the remaining directors sha
r leIect his successor. Three member
# Iof the board of directors shall cor
Istitute quorum for the lranSactlC
lof all business. The directors sha
p be elected by the stockholders, al
leach share of stock shall be entltlt
to one vote, to be cast by its ownt
III person or by proxy, and the mi
If Ijority of votes shall elect. The boar
m lof directors shall have full pow
and authority to enact such rule
~, Iox,,s ouJ pauttIaIi aua for III