The Caucasian., 1912-04-02
CHARTER
OF the Natalie Oil Company


state Of Louisiana. Parish IF Ca,I
do: BE- 1t remembered that TN fins
day before me. s l.. HrrelH notary
pubilc, came and appeared fine par
ties whose names are hrrtl;Htu SUI,
scribed who declared that a\arIfu4
themselves of the provisions Of lhr
laws of this State relative to cor
poratf"nS. they have formed a cor
pOraiion und"r the name and sIvlr
and Of the powers and privileges
hereinafter stipulated. to-wit:
ARTICLE I.
The name of this cOrpOraEiOn
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 period Of
nlnetynlnp years. unless sooner dis
solved as hereinafter stated. All lr-
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
is hereby declared to
It the business of mining for oil,
gas and other minerals, with the
right 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-
ations.
ARTICLE III.
The capital stock of this corpora
tien is fixed in the sum of Fifty
Thousand (SJ0,00000( Dollars, divid-
ed into five hundred shares of the
par value of one hundred dollars
per share. This cOrpOratiMi 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
ieEed 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
he 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
tion should perform under tbe laws
Of the State of Louisiana. P!se
president shall hold office at the
pleasure of the stockholders. I'm
Ill 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 Y.
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 may
require.
ARTICLE VI.
At all meeting of the sto@k l0ldErS
each share of stock shall be entitled
to one vote, to be cast in person or
by proxy. When not otherwise pro
vided by law, all stockholders to be
notified ten days prior to any meet
ing of stockholders by letter al
dressed to them at their usual post
office address.
ARTICLE VII.
No stockholders of this corpora
ton shall ever be held liable or res
ponsible for the contracts or faults
thereof in any further sum than the
unpaid balance due the company on
their stock; and no informally III
organization shall have the effect
of rendering this charter null, or OF
exposing it's stockholders to any loss
beyond the amount of their capital
stock.
| In witness of which, the parties