The Caucasian. (Shreveport, La.) 1900-192?, 1912-06-16
CHARTER
OF Tue independent Oil and esas
C0hlp0ny.

Company
St:t' Of 5.o":~."n". Parish II g;'.to.
.>rto-r I'VE. ". 7. ru):v"Il No,a1"
III. IT, "a u,u !e~ '".5,.. Parish Iui:
o,aws.~1o:..!, a".jiti,j :1! -.,rG@. To-.
.a1~ i7.h Jay a. >ra i, j.. y"1-. s.,#-
1"I appeared oHr p'>ties "-Go@" u"n.':
re E"rruuto subscribed. and ,jprIHr",,
to ne Notary. and to the Undersigned
witnesses. that they 90 hereby form
themselves into corporation under the
laws of the State of Louisiana under
the following articles, to-Wit:
ARTICLE I.
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 sned;
to hold, purchase, lease, mortgage, sell
and hypothecate property, personal and
real. and such other rights incident to
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
The domicile of this corporatios 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 tile Secretary of the
corporation.
ARTICLE III
"TIes Object and purposes for which
this corporation is organized is to carry
on 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 i'll
the State of Louisiana and elsewhere
as the board Of directors may direct
to9 ell, gas aad other minerals, includ-
ing the right 10 produce water and to
use same as the directors may deem
proper, to lay pipe lines for Wholesale
and domestic purposes, to establish sta
tons, loading racks. commissaries and
such other incidental purposes as may
ne necessary lo- tie conduct Of TIC coz
rorate business.
e y ARTICLE IV.
The capital stock of this corporation
is fixed at 1926 ,00O) twenty-five Thou
sand Dollars, divided into ESQ two
hundred land fifty shares of ($100.00)
one hundred dollars each, and the cor
poration is. to. commence business as
soon as thirty-fve shares are subscribed
for and paid into the treasury, either
in cash or property equivalent. rights
or credits. All stock issued shall be
fully paid and non -assessable.
J ARTICLE
The powers of this corporation are
vested in the beard Of directors COM
posed of the three stockholders of the
Company, who shall hold office until
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
of the stockholders, directors shall be
elected for the next ensuing year, and
said stockholders meeting shall transact
such other business as may properly
come before such meeting, which annual
meeting of the stockholders shall be
Immediately followed by an annual
meeting of the directors, who shall
elect officers for the ensuing year and
attend to sgch other matters as may
properly come before the directors
meeting The first board of directors.
who shall serve until the next election
III NAY JOIo, diC HClSuy
N. G. Stewart. L. E. Stafford and H.
n. Martin; L. E. Stafford, who shall be
President, H. n. Martin, who shall be
Vice President. and NJ G. Stewart, who
shall be Secretary-Tr Treasurer.
ARTICLE VI.
The officers of this corporation shall
be a President. Vice President. Secre-
tary Urea surer, all of whom shall be
directors. The office of Secretary Treas
surer may be combined, or either may
be combined in one office with the
President or e-President~ J No of
ficer shall ever be elected in this corpo-
ration who is not a stakeholder in the
same. The powers and authority of the
officers abovesnamed shall be such as
are contemplated by the laws of the
State and such as may be fixed by the
bylaws of the corporation, which may