The Caucasian. (Shreveport, La.) 1900-192?, 1911-12-05

Estate OF Louisiana. aud under If
corporate name it shall have and On
10y succession for a period Of afI,
. years, unless sooner dissolved al
hereinafter prov idcd. All legal pro
lCess shall be served on the president
Tor IN his absence on the vice preal.
dent, or III The absence of both or
the secretary treasurer.
ARTICLE II.
| The objects Of this corporation
aud purposes for which Il is formed
arc hereby declared to be to own
acquire, lease. drill or Otherwise de-
velop, oil or gas lands or oil or gas
wells in the State of Louisiana o.
Elsewhere, and to construct. main
tain. own and operate pipe lines or
conduils for the purpose Of pipinl
or transmitting natural gas, oil Ot
other minerals, and to that end 10
acquire, lease aud own such real
estate or other property or right OF
way as may De necessary to effect
ually carry out lis purposes. And.
further. to engage in the buying ami
selling Of gas, oil aud other miner
ais. and Ia do any other thing 70.
Iquisite for The proper conduct and
operation Of said objects and pur.
poses.
ARTICLE III.
The capital stock Of this corpora
ton il liked nj The sum Of one hun
IdFcd Thousand dollars, divided inlo
zone thousand shares Of the par value
Iof ono hundred dollars each, and Il
shall bc fully subscribed for. No
stock shall issue until The same Is
FULLY paid, and may be issued for
cast, for labor or for property re-
Iceived nj valuation deemed reas-
lonable and fair by the board Of di-
reetor4.
ARTICLE ".
The affairs Of lllis corporation
shall be managed and directed by n
board Of directors consisting Of
three stockholders. who shall be-
elected annually OF a general meet
ing Of the stockholders called fot
That purpose on the second MondaS
IN November of each year hereafter,
and The said stockholders shall elect
their own officers and shall hold
their office until their successors arc
duly elected and installed. Until The
election on the second Monday IN
November hereafter the following
shall compose The board Of directors
Of this corporation. to-wit: p. H.
Birdwell. who shall be president and
treasurer; Il. Il Holbes, who shall bt
vice president: and John BirdwelI
Jr., who shall be secretary. ANY VA.
cancy In said board of directors
shall BE- filled by The remaining d.
reetors eleeting ID stakeholder for
the uncXpired term.
ARTICLE Y.
Whenever this corporation Is dis
solved, by limitation or otherwise,
it's affairs shall be liquidated by Two
persons selected for that purpose al
a stockholders meeting duly held.
land said liquidalofs shall perform
such service and give such aecnrity
as said stockholders meeting may
determine.
ARTICLE VI.
This act Of incorporation may BIZ
amended and the capital stock in.
creased or diminished, or this cor
poratlon may be dissolved by n vote
Of threc-fourths Of lis stakeholder.
In amount al a stockholders meeting
called for Thai purpose IN accord
lance with The laws Of tie State Of
Louisiana. and at all stockholders
meetings each share Of stock hall
be entitled 10 one vote. 10 he cast by
It's owner, either in person or by
proxy. When not otherwise provid-
! ed by law, all stockholders shall be
Ii''h'sf Ut t5dHE lfli fJlNs btIttF III
lany meeting Of stockholders by a
letter addressed TO them ia their
| usual pOstofIjce address, but nothing
herein contained shall prevent said
stockholders from waving notice Of
such meeting and consrnlinQ ~ the
holding thereof at an earlier date.
ARTICLE VII.
No stakeholder Of this corporation
shall ever be held liable or respon-
lslbIe for Tie contracts Or faults
thereof in any further sum than the
unpaid balance due on his stock. nor
! shall any mere informally have the
effect Of rendering this charter null
or OF exposing a stakeholder 10 any
| loss beyond The amount paid for his
stock.
In testimony whereof said parties
ihereunto signed their names in the
IDresence Of me, notary, and the I'M