The Caucasian., 1912-04-09
CHARTER
OF the Natalie Oil Company

do: Be it remembered that on this
dav before me, S. L. Herold, notary
public, came and appeared the par
ties whose names are hereunte sub
scribed who declared that availing
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 it's domicile in the City OF
Shreveport, Louisiana and under
said corporate name it shall have
and enjoy succession for 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
\, 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 OF corpor-
|ations.
ARTICLE III.
The capital stock of this corpora
ton is fixed in the sum of Fifty
Thousand (s5O,OOO.O0( Dollars, divid-
ed into five hundred shares of the
par value of one hundred dollars
per share. This corporation 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
dered 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
Ition should perform under the laws
of the State of Louisiana. The
president shall hold office at thu
lpleasure of the stockholders. I'm
It'll his successors shall have beer
Ielected and qualified, H. L. HELPER
in shall be president Of this cor
poration. The president shall have
power to select and appoint sucf
Icther officers as he may desire; al
of whom shall hold office subjec
to his pleasure.
/ 49, ARTICLE V.
| Whenever this corporation is dis
lsolved by Limitation or otherwise
Its affairs shall be liquidated b,
1.-TWO persons selected for the pur
lnose at a stockholders meeting dul.
held; and said liquidators shall per
form such services and give sucl
lscureity as the stockholders ma
Irequire.
ARTICLE vi.
At all meeting of the sto:k',oider
leach share of stock shall be entltle
to one vote, to be cast in person o
by proxy. When not otherwise pre-
vided by law, all stockholders to b
notified ten days prior to any meet
ing of stockholders by letter &C
dressed to them at their usual pos
,office address.
ARTICLE VII.
/ No stockholders of this corpOr;
ltion shall ever be held liable OF re'
lponsible for the contracts or faul
thereof in any further sum than til
UNPAID balance due the company
their stock; and no informally
J Organization shall have the effe'
of rendering this charter null, or
Iexposing its stockholders to any lo
beyond the amount Of their capt.
: Istock.
: In witness of which, the parti'
f have signed this instrument in IL
e lpresence of me, notary, and ].
g Thigpen and R. d. Webb, compete
J witnesses, on this the 30th day
q January, 1912.
f Fl. L. HEILPERIN,
Il WHEELER SHROPSHIRE
fl A. S. CHENET, -s
AffaSf.