The Caucasian. (Shreveport, La.) 1900-192?, 1912-06-23
CHARTER
OF the Independent Oil and Gas
Company.

State of Louisiana. Parish of Caddo.
Before me, W. T. Caldwell, a Notary
Public in and for Caddo Parish, duly
commissioned. qualified and sworn, on
this 18th day of May, A. d. 1912. 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 a corporation under the
laws of the State Of Louisiana under
the following articles, to-Wit
ARTICLE /.
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. anu SuCH UbutI IiRHIS W
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
nected 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 lit.
The Object and purposes for which
this corporation is organized is to carry
on ii 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
Iporate business.
ARTICLE ".
The capital stock of this corporation
is fixed at 1925, 000) Twenty five Thou
sand Dollars, divided into $3.50 two
hundred and fifty shares Of 100000
one hundred dollars each, and the cor
, poration is to commence business as
Il soon as thirty-fve shares are subscribed
for and paid into the treasury, either
in cash or property equivalent, right:
OF credits All stock issued shall be
fully paid and non -assessable. -
+ ARTICLE v. -. r.
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
hold an annual meeting on the third
Monday in May, 1912, at which meeting
IF the stockholders, directors shall be
elected for, the next ensuing year, and
| aid stockholders meeting shall transact
! such other business as may properly
come before such meeting, which annua
Meeting of the stockholders shall bt
Immediately followed by an annua
meeting of she directors. who shall
elect officers for the ensuing year anC
tttend to such other matters as may
properly come before the directors
meeting The first board of directors
J, who shall serve until the next election
= in May, 1913. are hereby designated
VI. G. Stewart. L. E. Stafford and H
n Martin; L. E. Stafford, who shall bt
President, H. n. Martin, who shall b
President, and NJ. G. Stewart: who
shall be Secretary Treasurer.
: d. ARTICLE VI.
:: The officers of this corporation shall
De a President, Vice-President. Secre
] .aryTreasurer, all of whom shall bt
= directors. The office of Secretary-Tfeas
j urer may be combined, or eithet may
e be combined in one office with tht
! President or President. No of
P tfcer shall ever be elected in this corpo
= ration who is not a stakeholder in tbs
i same. The powers and authority of the
I officers above named shall be. such as
e are contemplated by the laws of the
State and such as may be fixed by the
bylaws of the corporation, which may
!, be adopted from, time to time by the di
rectors.
= I -. APTT(T Il W.T.