The Caucasian. (Shreveport, La.) 1900-192?, 1912-07-25
CHARTER
OF the Process Oil Company Limited

State of Louisiana. Parish of Cad
do: BE it remembered that on TINS
day, before me, Holm +. Slattrry, a
notary public in and for said Parish
and State. duly commissioner and
sworn. personally cam" and APP
pcarrd +. w. Plumb. J. Milo Smith.
Eli GraS. August CaZeauX, and
F.. W. HamiIcr, all residents OF
the said Parish and State. who
stated and declared 10 ne, notary,
that awaiting themselves Of the Con
siitutiOn and laws Of the state OF
Louisiana. they have formed and
constituted themselves, as we'll as
such persons as may hereafter be
come associated with them. and do
by these presents form and cOnStl-
tutc themselves into corporation
and body corporate. and have adopt
ed and ordained as their charter or
act of incorporation the following,
tO-Wit:
ARTICLE |.
The name and title of this cOrp0r-
alton shall be The Process Oil Com
pany, Limited, and is dOmicIic al
the City of Shreveport, in The Par
ish of CaddO, State Of Louisiana, and
under its corporate name 1t shalt
have and enjoy succession for pc
rod of fifty ears, unless sooner dis
solve da shcrewithin provided. All
legal process shall 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
ness 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, and
to acquire, lease or own such lands
for such purposes, and to build, con
struct. lease or own pipe lines, tank
cars or other means Of transpOrta-
ton for oil, gas and other minerals,
and to do any and all things in con
nection with said purpose which
may be necessary for the prope
operation thereof.
ARTICLE III.
The capital stock of this corpora
ton is hereby fixed at the sum OF
one hundred and fifty thousand dol
lars (si50,O0O), divided into fifteen
thousand shares of The par value OF
ten dollars each, and it shall com
menCe business and become a going
concern whenever five thousand
dollars of its capital stock is sub
scribed and paid for in full. Capital
stock may be paid for in cash, labor
or property at a valuation to bc
fixed by the hoard of directors, and
when issued shall be fully paid anC
| non assessable.
| ARTICLE ".
The affairs Of Ills corporation
shall be managed and conducted by
a board of directors consisting Of
live stockholders of this corporation
Ito be elected at a general stOckhnld
ers meeting on The first Tuesday o
July Of each year, who shall hole
their Offices for one year, or untl
their Successors are elected and III
stalled, and any vacancy OcCurrln!
! in said board of directors shall b.
filled by an election, by the boarC
Of directors, Of any stakeholder 70
the unexpired term Until the clec
ton on the first Tuesday in Jul.
/ 1913 the following shall constitut
The first board of directors of thl
corporation: F. w. Plumb, J. Mil
Smith, Eli Gras, Angst Cazaux, /
Nv. Hamiter. The officers Of This cor
/ poration shall be a president, vie
president. secretary and treasurer
land the first officers of said colpor