The Caucasian. (Shreveport, La.) 1900-192?, 1912-05-28
CHARTE,
OF the Independent Oil and Gas
Company.

commissioned, qualified and sworn, on
this 18th day of May, A. D. 1872, came
and appeared the parties whose names
are hereunto subscribed, and declared
to me Notary, and to the undersigned
witnesses, that they do hereby form
themselves into corporation under the
laws of the State of Louisiana under
the following articles, to-WIt:
ARTICLE I.
The name and style of this corpora
ton is hereby declared to be INDIE
PENDENT OIL AND GAS COMPANY.
Under such name and style it shall have
corporate existence for the period OF
fifty years from this date. 1t shall have
the right to contract, sue and be sued;
to hold, purchase, lease, mortgage, sell
and hypothecate property, personal and
real, and such other rights incident to
conducting the business of an oil and
gas company, together with the right to
buy and sell oil, gas and minerals, and
the right of drilling and exploring for
oil, gas or other minerals, and all other
necessary and incidental rights con
neeted with such business and company.
ARTICLE II.
The domicile of this corporation shall
be in the town of Vivian, Parish of
Caddo, State of Louisiana, where all
legal processes shall be served accord
ing to law upon the President, or, in
his absence, upon the Secretary of the
corporation.
ARTICLE III.
The object and purposes for which
this corporation is organized is to carry
on a general oil and gas business, in
Guiding the buying and selling of lands,
oil, gas and other minerals; the drill
ing, mining and exploring said lands IN
the State of Louisiana and elsewhere
as the board of directors may direct,
for oil, gas and other minerals, includ-
ing the right to produce water and to
use same as the directors may deem
proper, to lay pipe lines for wholesale
and domestic purposes, to establish sta
tions. loading racks. commissaries and
such other incidental purposes as may
be necessary for the conduct of the cor
porate business.
ARTICLE ".
The capital stock of this corporation
is fixed at ($25,00O) Twenty-fv Thou
sand Dollars, divided into (250) two
hundred and fifty shares of ($1OO.0O)
one hundred dollars each, and the cor
poration is to commence business as
soon as thirty five shares are subscribed
for and paid into the treasury, either
in cash or property equivalent, rights
or credits. All stock issued shall be
fully paid and worcestershire.
ARTICLE V.
The powers of this corporation are
vested in the board of directors com
posed of the three stockholders of the
Company, who shall hold office unit
their successors shall be duly elected
and qualified. The stockholders shall
bold an annual meeting on the thirt
Monday in May, 1912, at which meeting
| of the stockholders, directors shall b.
elected for the next ensuing year, an,
said stockholders meeting shall transac
such other business as may properl,,
come before such meeting, which annua
meeting of the stockholders shall b
Immediately followed by an annua
meeting of the directors, who sha1
elect officers for the ensuing year an
. attend to such other matters as ma
properly come before the director
meeting. The first board of director
who shall serve until the next electio
:. in May, 1918, are hereby designated
NJ. G. Stewart, l.. E. Stafford and T
n. Martin; L. E. Stafford, who shall /
, President, H. N. Martin, who shall /
Vice President, and NJ. G. Stewart, WI
. shall be Secretary Treasurer.
. ARTICLE VI.
7 The officers of this corporation sha
a be a President, Vice-President, Seer
q tary Treasurer, all of whom shall.
directors. The office of Secretary-Trea
. urer may be combined, or either m:
o be combined in one office with t
President or Vice-President. No c
icer shall ever be elected in this corp
: ration who is not a stakeholder in t
r same The powers and authority of t
d officers above named shall be such
FL are contemplated by the laws Of t
eel State and such as may be fixed by
IT by laws of the corporation, which m
y. be adopted from time to time by the
I'LL rectors.
Is ARTICLE VII.
E. All matters to be voted on at
stockholders meeting shall be control
4 by majority vote of the stock, rep