The Caucasian. (Shreveport, La.) 1900-192?, 1911-10-08

tary public, duly commissioner ana
sworn. appeared f. s. Cayce, +, b,
Terry and J. w. Oliver, all residents
of Shreveport, Caddo Parish, Louls-
lana. who declared to me that they
do hereby form themselves into a
corporation under the laws OF the
State of Louisiana. under the stipu-
latf6ns hereinafter set out, to-wit:
ARTICLE |.
The name and style of this coTpor-
alton is hereby declared TO be The
Cayce Company; it shall have the
right TO enjoy succession for ninety
nine 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 Of
Shreveport, Louisiana, and all eta
tons and other legal process shall
be made on It's president, or IN his
absence at The office Of the company
IacCQfQfnR 10 law,
ARTICLE II.
The object for which this c0rpor-
lation is organized and the nature OF
1.-THE business to be carried on by 1t
are hereby declared to be TO develop
land for oil and gas. to buy and sell
oil and gas and other minerals: to
| lease. buy and sell oil and gas lands,
land to do such other things as are
incident to the business of produc-
| ing oil and gas.
ARTICLE III.
The authorized capital stock OF
this corporation is hereby fixed IN
the sum of thirty thousand $4,000
dollars. divided into three hundred
| 1900 shares of one hundred $500
dollars each. The corporation is au-
thorized 10 commence business
whenever one hundred 400 shares
of its 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 in pay
ment 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
poration shall be vested in a beard
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 E. S. Cayce
H. w. Oliver and B. B. Terry, who
shall serve until the second Tuesday
in January 1912, or until their sue
lcessors are elected. The officers OF
this company shall be a president
wee president, secretary and treas
urer, and the first of said officers is
declared to ne E. S. Cayce, president;
b. B. Terry, vice president, and J. w
IOliyer, secretary and treasurer. The
lsaid officers shall be elected annual
Ily on the second Tuesday in Janu-
larry. A majority of the stock shall
elect the directors, and in all cleo
tons or proceedings of stockholders
each share Of stock present or rep
PRESENTED by written proxy shall be-
entitled to one vote. Notice of al
elections or meetings of stockho1d-
crs shall be advertised ten days in a
daily newspaper published in the
city of Shreveport, provided, how
ever, that such notice may be
waived by unanimous consent of the
stockholders.
ARTICLE ".
/ No stakeholder shall be fable on
account of any obligation to this
corporation in any other sum thar
the amount of unpaid balance due
/ by him on the stock subscribed for
No irregularity or any informally ir
organization shall have the effect OF
rendering this charter null or of ex-
Iposing any stakeholder to any liza
bility beyond such unpaid balance
ARTICLE VI.
This charter may be. amended lex
cept as to increasing or decreasing
its capital stock by two-third>
vote of stock represented at a meet
ling of the stockholders convened foI
such purpose. after Ten days pre-
|vious notice by publication in any
one of the newspapers of the city OF
Shreveport, Louisiana. Whenever
this corporation is dissolved by linn
itation or otherwise, its affairs shall
be liquidated by three commission
ers elected at stockholders meet
ing, who shall have full power to
wind up its affairs and settle its in-
debtedness.
/ In fncI iranuv af all nj which thp