The Caucasian. (Shreveport, La.) 1900-192?, 1911-11-02

Sworn. appeared l.. ;. Cayce, Il. L
Terry and J. w. Oliver, all resident
of Shreveport, Caddo Parish, Louis
lana. who declared TO me that the,
do hereby form themselves into
corporation under the laws Of tn
Estate Of Louisiana, under the stipu
llatfons hereinafter set out, to-wit:
ARTICLE |.
| The name and style Of this cOrpOr-
alton is hereby declared to be Tit
Caycc Company; it shall have thu
right to enjoy succession for ninety
mime years. with the right to con-
tract, sue and be sued; and to hold
purchase, lease, sell and hypothe-
cate property, real and personal; its
domicile shall be in the city oil
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 III.
The object for which this corpor-
alton is organized and the nature of
the business to be carried on by ii
are hereby declared to be to develop
land for oil and gas; to buy and sell
loil and gas and other minerals; to
lease, buy and sell oil and gas lands,
and IN do uI1nb nj hon fhipu. n, opo
incident to the business of produc-
ing oil and gas.
ARTICLE Ill.
The authorized capital stock of
this corporation is hereby fixed in
the sum Of thirty thousand 100000
dollars, divided into three hundred
800 shares of one hundred $500
dollars each. The corporation is au-
thorlzed to commence business
whenever one hundred 400 shares
of It's capital stock is subscribed and
paid for. The capital stock of this
corporation shall be disposed Of for
not less than its par value, and all
stock issued by this corporation
shall be fully paid and non ASSESS
able. provided, however, that the
corporation may issue stock III pay
mGnt 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
porati0n shall be vested in 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 f. S. 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. Tho officers OIL
this company shall be president, |
wee president, secretary and treas
urer, and the first Of said officers is
declared to pc +. S. Cayce, president;
b. B. Terry, vice president, and J. w.
Oliver, secretary and treasurer. The
said officers shall be elected annual |
ly on the second Tuesday in Janu-
ary 4 majority of the stock shall
elect the directors, and in all cleo
tlons or proceedings of stockholders
each share of stock present or rep
resented by written proxy shall be
TO one vote. Notice OF ALL
elections or meetings OF stockhold-
ars shall be advertised len days in q
1aily newspaper published in the
city OF Shreveport, provided how
ayer, that such notice may be
waived by unanimous consent of the
ARTICLE V.
No stakeholder shall be liable on
account of any obligation to this
in any other sum than
he amount of unpaid balance due
~ him on the stock subscribed for.
No irregularity or any informality in
shall have the effect Of
this charter null or Of ex-
posing any stakeholder to any liza
1ility beyond such unpaid balance.
ARTICLE VI.
This charter may be amended lex
:ept as TO increasing or decreasing
is capital stock by two-thirds
vote of stock represented al q meet
ng of the stockholders convened for
such purpose, after ten days pre-
.ious notice by publication in any
,ne OF the newspapers of the city of
Louisiana. Whenever
his corporation is dissolved by linn
tation or otherwise, its affairs shall
DC 1iquidated by three commission
rs elected at stockholders meet
ng. who shall have full power to
Wind up its affairs and settle its in
lebtedness.
In testimony Of all of which the
aid above named parties have here
o affixed their signatures in the