The Caucasian. (Shreveport, La.) 1900-192?, 1911-03-14
CHARTER
OF THE FINEGAN IRON WORKS
COMPANY.

cate before me, Hugh c. Fisher, a no.
tary public in and for the above named
Parish and State, duly commissioned
and qualified, personally came and ap-
peared the parties whose names are
hereto subscribed, all of full age, who
declared that, awaiting themselves of
the provisions of the laws Of this State
relative to corporations, they have cove
nanted and agreed, and by these pres
ents covenant and agree, and bind them
selves, as well as such other persons as
may hereafter become associated with
them, to form and constitute corpora
ton and body polite in law, for the
purposes and objects, and under the
stipulations, articles and conditions fol-
lowing, to-wit
ARTICLE I.
The name and title of the said cor
poration and body polite shall be
"FINEGAN IRON WORKS COM
PANY," and its donicile is hereby es-
tablished in the Town of Oil City, Par
ish of Caddo, State of Louisiana; and
by its said corporate name shall have
and enjoy succession, exist and con-
tinue, unless sooner dissolved in ac-
cordance with its charter, as hereinafter
set forth, for the period of ninety-nine
(eo) years from and after the date
hereof, and in its said corporate name
shall have power and authority to con-
tract, sue and be sued to make and use
a corporate seal, and the same to break
and alter at pleasure; to hold, receive,
have, purchase, improve, alternate, con-
vey, sell, borrow, pledge, mortgage and
hypothecate under and in its said cor
porate name, property, real, personal
and mixed, iinmovable and movable,
corporal and incorporeal, tangible and
intangible; to name and appoint such
managers, directors, officers, agents and
employees as the interest and conven-
fence of said corporation and body poll
tic may require to make and establish
the proper management and regulation
of the affairs of said corporation and
body polite as may be deemed neces-
sary and proper, and the same to change
and alter at pleasure; and to do all
other acts and things permitted by law,
or as shall or may be necessary and
proper TO carry out the objects and pur-
poses of said corporation and body pol
tic.
ARTICLE II.
The object and purposes for which
this corporation and body polite is or
ganized and the nature Of the business
to be carried on by it are declared to be
the following, to-wit: The manufac-
tire, buying and selling of oil and water
well supplies in all their forms. The
president, or in his absence the vice
president, shall be the proper person
| upon whom citation or other legal pro.
cess shall be served.
ARTICLE Ill
The capital took of the said corpora
ton and body polite shall be ten thous-
and ($Io,ooo.ool dollars, divided into
and represented by one hundred (Ioo)
shares of the sum of one hundred dol
lars ($Ioooo) each, which said stock
shall be paid for in cash at the time OF
subscription, or the same may be issued
at not less than par in payment or ex-
change for property or rights actually
received or purchased by said corpora,
ton and body polite the same may bs
issued, fully paid, for money advanced
and for such other valuable considera.
lions or services as the board of direc.
Itors Of said corporation and body polite
may determine, provided that no stock
shall be issued until consideration
therefor has been received by said cor
poration and body polite. Any stock
/ holder may sell, assign or transfer hi:
stock in this corporation and body poh-
tic, provided thirty (3o1 days previous
Inotice OF such intention to sell, assign
or transfer the same be given the com
pany, in writing. and the other stock
Iholders thereof shall have the FIRST priv
Iilege 10 purchase same, after which thir
Ity (so) days notice, the date Of service
and the date of expiration not counted
the said stock may be sold in the opei
market The stock OF said corporation
may be transferred under the above con
ditions, provided such transfer thereo
be made on the bookos Of said compan,
lat its Office in the Town of Oil City
| Parish of Caddo. State of Louisiana, it
| doinicile, and on surrender of the Ger
ltifeate thereof No transfer of an,
fractional part Of share shall be made
This corporation shalf commence doinl
business as soon as ten thousand dol
! lars ($Io,ooo.oo1 the capital stock there
of. shall have been subscribed for.
ARTICLE ".
The corporate powers Of this compan
shall be vested in and exercised by
board 81 FIVE CD directors consisting
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