The Caucasian., 1912-04-11
CHARTER
OF the Natalie Oil Company

| Sldtc VI LcdlSidAa, L al 1911 vi Nub
lido: Be it remembered that on thus
day before me, S. L. HerOld, notary
public, came and appeared the par
|ties whose names are hereuntO sub
scribed who declared that availine
themselves of the provisions of the
laws of this State relative to cor
porations, they have formed cor
poratiOn under the name and style
and of the powers and privileges
hereinafter stipulated, to-wit:
ARTICLE I.
The name of this corporation
shall be the "Natalie 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
ninety-nine years, unless sooner dis
solved as hereinafter stated. All le-
gal process shall be served upon the
President, or, in his absence, at the
office of the corporation according
to law.
ARTICLE II.
The objects and purposes of this
corporation is hereby declared to
1t the business of mining for oil,
gas and other minerals, with the
fright to do any and everything in
cidental thereto, including the
building of pipe line, and the pur-
chase, lease and sale of lands and
personal property, and for the pur-
pose of holding lands for develop
ment by other persons or cOrpor-
Iations.
ARTICLE I'll.
The capital stock of this corpora
tien is fixed in the sum of Fifty
Thousand ($5O,O0O.0O( Dollars, divid-
ed into five hundred shares of the
par value of one hundred dollars
per share. This corpora.iaG is au-
thorized to commence business
whenever five thousand dollars Of
its capital stock is subscribed for
and paid in cash, or its equivalent.
No stock shall be issued until the
same is fully paid for; but stock may
be issued in payment of property,
real or personal, or for services rem
ldered to the corporation, as may be
determined by the stockholders.
ARTICLE ".
All of the corporate powers of
this corporation are hereby vested
in the president, who shall manage
the affairs of the corporation with
out let or hindrance on the part of
any stockholders thereof; being
vested with full power and authority
to do any and every act which a
board of directors of the corpora
ton should perform under the laws
of the State of Louisiana. The
president shall hold office at the
pleasure of the stockholders. I'm
| til his successors shall have been
elected and qualified. H. L. HELPER
in shall be president Of this cor
pOration. The president shall have
power to select and appoint such
ether officers as he may desire; all
Of whom shall hold office subject
to his pleasure.
ARTICLE V.
Whenever this corporation is dis
solved by limitation or otherwise,
its affairs shall be liquidated by
two persons selected for the pur-
pose at a stockholders meeting duly
held; and said liquidators shall per,
form such services and give such
scureity as the stockholders NAV
Require.
| ARTICLE vi.
At all meeting of the stock ',olderS
each share of stock shall be entitled
to one vote, to be cast in person or
Iby proxy. When not otherwise pro
Ivided by law, all stockholders to be
notified ten days prior to any meet
ing of stockholders by letter ad-
dressed to them at their usual posi-
!office address.
ARTICLE VII.
No stockholders of this corpora
ltion shall ever be held liable or res
lponsible for the contracts or faults
thereof in any further sum than the
UNPAID balance due the company or
their stock; and no informality il
Organization shall have the effec
Iof rendering this charter null, or Of
Iexposing its stockholders to any los!
beyond the amount of their capita
lstock.
| In witness of which, the partie!
have signed this instrument in thu
Ipresence Of me, notary, and ]. A
Thigpen and II. d. Webb, competen
witnesses, on this the 30th day o
january, 1912.
i II. L. HEILPERIN,
| WHEELER SHROPSHIRE,
i A. s. CHENET,