The Caucasian. (Shreveport, La.) 1900-192?, 1912-07-18
CHARTER
OF the Process Oil Company Limited


do: Be it remembered that on this
day, before me, John F. Slattery, a
notary public in and for said PARISH
and State, duly commissioner and
sworn, personally came and ap-
peared F. w. Plumb, J. Milo Smith,
Eli Gras, August Cazeaux, and
E. w. Hamiter, all residents OF
the said Parish and State, who
stated and declared to me, notary,
that availing themselves of the Con
stitution and laws of the State OF
Louisiana, they have formed and
constituted themselves, as we'll as
suCG persons as may hereafter be-
come associated with them, and do
by these presents form and eonstl-
tute themselves into a corporation
aNd body corporate and have adopt
ed and ordained as their charter or
act of incorporation the following,
to-wit:
ARTICLE T.
The name and title of this corpor-
alton shall be The Process Oil Com
pany, Limited, and its domiclie al
the City of Shreveport, in the Par
ish of Caddo, State of Louisiana, and
under it's corporate name it shall
have and enjoy succession for a pc
riod of fifty ears, unless sooner dis
solve da sherewithin provided. All
ieeal process shat be served on the
president of the company, or in his
absence on the vice president OF the
company at their Office.
ARTICLE II.
This corporation is formed for
the purpose and the nature of bust
aess to be conducted by it is hereby
declared to be: To acquire, lease
and own both real and personal
property; to drill, bore and explore
for oil, gas or other minerals, ant
Ito acquire, lease or own such lands
flor such purposes, and to build, con
lstruct, lease or owe pipe lines, tank
cars or other means of transporta
ltion for oil, gas and other minerals
and to do any and all things in con
Injection with said purpose which
lmay be necessary for the proper
loperation thereof.
ARTICLE III
| The capital stock of this corpora
ton is hereby fixed at the sum o
lone hundred and fifty thousand dol
liars (si5O,0OO), divided into fiftee1
Thousand shares of the par value o
Item dollars each, and it shall com
mence business and become goln
!, concern whenever five thousan
dollars of its capital stock is sub
scribed and paid for in full. Capita
stock may be paid for in cash, labo
or property at valuation to b
fixed by the board of directors, an
when issued shall be fully paid an
non-assessable.
81 ARTICLE ~.
4 The affairs of this corporatio
I shall be managed and conducted q
a board of directors consisting
3 live stockholders of this corporate
{ TO be elected at a general stockholt
u ers meeting on the first Tuesday
..tJuly of each year, who shall no
their offices for one year, or uni
g their successors are elected and Il
$ stalled, and any vacancy oecufrlI
n in said board of directors shall
! filled by an election, by the boal
i. lof directors, of any stakeholder Il
II the unexpired term. Until the ele
q ton on the first Tuesday In Ju
q 1913 the following shall constitu
d the first board of directors ct tn
v corporation: F. w. Plumb, j. Mi
Iel Smith, Eli Gras, Angst Gazaux,
wv. Hamiter. The officers OF this &C
dIporation shall be a president, VI
If president, secretary and treasure
Gland the first officers OF said corpe