The Caucasian. (Shreveport, La.) 1900-192?, 1911-03-15
CHARTER
THE SOUTHERN OIL AND GAS
COMPANY.

/ forth, duly commissioned and sworn,
| personally. came and appeared P. R.
Birdwell, J. P. Flournoy and K. K.
| Holmes, all residents of the Parish OF
Caddo and State of Louisiana, who de-
clared to me, notary, that availing them
selves of the laws of the State of Louis
lana relative to corporations, that they
do hereby form and constitute them
selves, as we'll as such others as may be
hereafter associated with them, into a
body polite, and have adopted and or
dained as their charter and act of incor-
poration the following, to-wit:
ARTICLE I.
The name of this corporation shall be
THE SOUTHERN GAS AND OIL
COMPANY, with its domicile in the
city of Shreveport, Louisiana, and under
said corporate name it shall have and
enjoy succession for a period of fifty
years, unless sooner dissolved as herein
provided and as provided by law. All
legal pricess shall be served on the pres
ident and in his absence as provided by
the laws of the State of Louisiana.
ARTICLE II.
The objects of this corporation and
the purposes for which it is formed are
hereby declared to be to acquire, lease,
own, buy and sell, pledge and hypothe-
cate property, real, personal and other
wise, in the State of Louisiana or else
where; and to explore said lands by
drilling and developing the same for oil,
gas and other minerals; and to build.
construct, equip, own and operate tank
cars, pipe lines or other means of trans
portation of oil, gas and other minerals,
and to acquire, lease, iwn and use such
personal property, drilling outfits and
other machinery as may be necessary in
conducting their said operations for oil,
gas and other minerals; and to acquire,
own and lease, hypothecate or sell any
other property, real or personal, for
other purposes, such as buying and sell
ing as real estate agent or broker.
ARTICLE III.
The capital stock of this corporation
| is hereby fixed at the sum of fifty thous
and dollars, divided into five hundred
shares Of the par value of one hundred
dollars each, and it shall commence bust
ness and be going concern whenever
| Ave thousand dollars of its capital stock
shall have been subscribed and paid for.
The capital stock shall be paid for If
cash, by the transfer of property or for
abor done, and performed, and no stock
Shall be issued which is not fully PAID
for at the time of its issuance, and when
issued under the authority of the board
of directors the same shall be fully paid
and non-assessable.
ARTICLE ".
The affairs of this corporation shall be
managed and controlled by a board o.
directors consisting of three stockhold-
ers who shall be elected annually at a
stockholders meeting called for that pur-
pose on the second Monday of February
| of each year, and the directors so elected
shall hold their office until their sue
| cessors are elected and installed; pro-
Vided that they shall have the right &c
| fill any vacancy occurring in said board
by the election of stakeholder or stock
| holders for the unexpired term of such
office Until the election of directors in
| February 1912, the following stockhold-
/ ers shall compose the board of directors
Of this corporation: P. r. Birdwell, who
shall be president and general manager,
treasurer; ]. P. Flournoy, who shall be
vice president; and R. R. Holmes, who
shall be secretary. The board of direc-
tors elected by the stockholders shall
elect from their number a president
general manager, treasurer, vice presl-
dent and a secretary, and the said board
of directors may likewise elect or ap-
point such agents as in their judgment
of the affairs of this corporation, with
such duties and compensation as they
; may from time to time prescribe, ant
shall have authority to employ all sucl
needed assistants, clerks, worknen o
! superintendent as in their judgmen
seems best; and in general shall exercis
through themselves or through thei
agents all the powers and rights tina
this corporation can perform or exercis
under the laws of the State of Louisiana
ARTICLE V.
II This charter may be amended or thi
a corporation may be dissolved by vot
81 of three-fourths of the capital stoc
: thereof at meeting called for that pur
pose after due notice as provided by Law
. and in all stockholders meetings eac
: share Of stock shalf be entitled to On
vote cast by its owner in person or b
proxy, provided nothing herein shall b
construed to prevent a stakeholder
Injecting without any notice by unan