The Caucasian. (Shreveport, La.) 1900-192?, 1912-06-11
CHARTER
OF the Quick Seven Oil and Gas
Company Limited.

Parish above written, duly commits
stoned and acting as such, personal
ly came and appeared on the 29tt
day of May 1912, in the presence OF
the witnesses hereinafter under
signed, the persons named in Article
TX hereof, acting in the capacities as
therein mentioned, who declared
that they do by these presents organ
ize a corporation under the laws of
the State of Louisiana with the fol-
lowing articles as the charter of said
corporation and also as the original
subscription list for the purpose of
organizing.
ARTICLE |.
The name of the corporation shall
be The Quick Seven Oil and Gas
Company Limited. It's domicile shall
be at Shreveport, in the Parish Of
Caddo, State of Louisiana. Citation
and other legal process shall be
served on its president, or in his alb
sence on the first vice president, or
in his absence on such other person
as may be named by law to receive
citation. 1t shall begin business i'm
mediately and shall exist for a pc
riOd of ninety-nine years from this
date.
ARTICLE II.
1t shall have power to contract,
sue and be sued; to make and use a
corporate seal; to hold, receive, pur-
chase, convey, mortgage, pledge and
hypothecate property, real and per-
sonal; to name and appoint such
managers, directors and officers as
its interests and conveniences may
require; to make and establish such
bylaws for the proper regulation of
its affairs as may be deemed neces-
sary; and shall have all such other
and further powers as are now or
may hereafter be conferred by law
on corporations of its kind.
ARTICLE Ill.
The corporation is formed for the
purpose: First, of mining or boring
by other means, for petroleum and
other oils, gas, salt, sulphur and
other mineral products in the State
of Louisiana, either in it's own land
or lands leased from others, or both.
Second, of establishing and Operat
ing pipe lines and other means fol-
transporting such products to the
market. Such mining and transpor-
tation are declared to be the nature
of the business to be carried on by
the corporation. -.
ARTICLE ".
The capital stock is fixed al
twenty thousand dollars, divided in
to two hundred shares of one hun
bred dollars each. No stock shall be
issued until fully paid for. No trans
fer of stock shall be binding on the
corporation until noted Gil the books
thereof. Stock subscriptions, both
present and future, shall be paid for
in cash, or in property or in leases
at valuation to be fixed by the board
of directors.
ARTICLE V.
The corporate powers of the cor
poration shall be vested in and it,
affairs shall be managed by board
of not less than five mol
more than nine directors elected by
ballot by the stockholders at meet
ing to be held at the domicile of the
on the first Tuesday after
the second Monday in January OF
each year beginning in 1913. In case
of failure to hold an election on the
day fixed, the directors in office
shall hold over until their success
ors are duly elected, which may be
done at a meeting held thereafter.
Vacancies in the board may be filled
for the unexpired term by the re-
naming directors. Board members
may by written proxy act for each
other at board meetings. The direc-
tors shall elect, viva voce, presi
dent, first vice president, second
vice president, a third vice presi
dent, a secretary treasurer, an as
sistant secretary treasurer, and may
employ or engage a general manager
and such other agents or assistants
as the interests of the corporation
may require, and discharge them at
its pleasure. Each director shall own
at least one share of stock of the
corporation. Three directors shall.
constitute a quorum of the board
for the transaction of business. The
secretary treasurer shall maintain
his office at the domicile of the
at Shreveport, La, and he
shall give bond with the security OF
a solvent surety company in the
sum of five thousand dollars condi-
toned on the faithful performance
of his duties and the proper &C
counting for all moneys that may
come into his hands. The board may
H., -, of tho die