The Caucasian. (Shreveport, La.) 1900-192?, 1912-12-29
CHARTER
OF the Oh Field Gas Company.


lido: Be it remembered, that on this
|day, before me, J. A. Thigpen, no.
tary public, came and appeared the
Iparties whose names are hereunto
subscribed. who declared that avail
ling themselves Of the provisions OF
the laws Of this State relative &c
corporations, they have formed 4
corporation under the name ant:
lstyle, and with the powers and priv
Iileges hereinafter stipulated, towi'
ARTICLE |.
| The name Of this corporations
shall be 'On Field Gas Company,
with its dOmlcllc in the City or
Shreveport, Caddo Parish, Louis
jana; and under said corporate nam
it shall have and enjoy succession
for a period Of ninety-nine 800
Years, unless sooner dissolved as
hereinafter stated. All legal process,
shall be served on tn" president. or
in his absence at the Office Of IN"
, corporation, according to law.
| q ARTICLE II.
| The object and purposes OF II'-
! corporation are hereby declared to
| be the business of mining for gas,
oil and other minerals. with the
right to do any and everything in
Cidental thereto, including the es-
tablishmcnt and building Of pipe
/ lines for th" purpose of transpOrta-
ton Of such products; and the pur-
chase and sale of such mineral pro-
duets as may be obtained by it's
mining operations; and the pur-
chase, lease and sale Of lands ami
personal property: and in general
the doing Of any and every act
necessary, incident, or consistent
with the general purpose Of til"
company to mine, market, transport
and sell natural gas and petroleum.
And the corporation shall have the
power and authority to qualify un-
der the laws of the State of Louis
lana as common carrier Of such
IproductS, as we'll as to establish
pipe lines for the purpose Of sup
Iplying cities and towns with natural
igaS; and 10 obtain franchises from
!snch cities and towns for the use Of
the streets and the public places for
such purposes.
ARTICLE Ill.
The capital stock of this corpora
jtlOn is fixed at the sum of one hun
0red thousand >Sl00,OOO00) dollars,
Idivided into one thousand shares OF
the par value of one hundred (siO0l
dollars per share This corporation
is authorized to commence business
whenever ten thousand (Si0,0000Ol
dollars of its capital stock is sub
|Scfibed for and paid in cash, or its
equivalent No stock shall be issued
until the same is fully paid for: bnt
stock may be issued in payment Of
property, real or personal. or forl
services rendered to the corpora
ton as may be determined by the
stockhoIders
ARTICLE ~.
! j." corporate powers OF his rnr-
pDrHtinM is hcErhy Vested in board
Of directors consist ing Of five Stock
toidrrS. tire" Of whom shall run-
oiltUlr Il quorum for TN" IranSac-
,IVM Of business. The said board |
shall hri elected annually at the an
nuaI meeting of the stockholders OF !
IN" corporation. to be held on The
irSt Monday in january Of ra:h |
wear, beginning with the year 1914 |
The officers of the company shall be !
president, a vice president and a |
$ OBSERVATION-DISCLOSURES. TO be elected
by the directors. Until their success
sOrs are elected and qualified. the
first board Of directors Of the cor
poratlon shall consist Of the follow
ing: H. l.. Heilperin, f. G. Palmer,
Wheeler Shropshire. y. ". HarreM
and Alex Heilperin. with f. q. Pal
mer as president, H. l.. Hcilperin as
vice president, and Wheeler Shrop-
shire as secrctary-i re3surer. The
said board shall have the power 10
select and appoint such other Of
iic"rs as they may desire. and ia
make and establish such bylaws
Tor the proper management and
regulation Of the affairs Of HE cor
p"ration as may be proper. which
bylaws shall be binding upon the
as if written in his
Charter. o
ARTICLE Y.
Whenever this corporation is dis
solved by Limitation or T,thprwis-.
IS affairs shall be liquidatrd BY two
'rrSons selected for The purpose at
I Stockholders meeting dt:ly held
and said 1lquidatOrs shall rerfnrn;
such services and give such secur-
ty as the stockholders may require.