The Caucasian. (Shreveport, La.) 1900-192?, 1912-06-20
CHARTER
Of the Quick Seven Oil and Gas
Company Limited.

Parish above written, duly commas
stoned and acting as such, personal
ly came and appeared on the 18th
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
izr a corporation under the laws OF
the State of Louisiana with the fol
lowing articles as the charter of said
and also as the original
list for the purpose OF
ARTICLE l.
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 it's 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
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 q
seal: to hold, receive, pur-
chase, convey, mortgage, pledge and
hypOthecate property, real and per
sOnaI: to name and appoint suct.
managers. directors and officers a,
its interests and cOnVenlencps ma!
require: to make and establish sucl'
bylaws for the proper regulation
its affairs as may be deemed neces
sary; and shall have all such othe:
and further powers as are now o.
may hereafter be conferred by law
on corporations of its kind.
ARllLLE Ill.
The corporation is formed for tn;
purpose: First, of mining or BORN
by other means, for petroleum ant;
other oils, gas, salt, sulphur an
other mineral products in the Stat
of Louisiana, either in its own Ian'
or lands leased from others, or both,
Second, of establishing and operat
ing pipe lines and other means for
transporting such products to Tn
market. Such mining and transpOr
EaliOn are declared to be the natur'
of the business to be carried on b.!
the corporation.
ARTICLE ".
The capital stock is fixed
twenty thousand dollars, divided In
20 two hundred shares of one hun
dred dollars each. No stock shall b
issued until fully paid for. No trans
fer Of stock shall be binding on the
corporation until noted on the book
thereof. Stock subscriptions, boti
present and future, shall be paid 70.
in cash, Orsin property or in lease.
at valuation to be fixed by the boar'
of directors.
ARTICLE V.
The corporate powers OF the cor
poration shall be vested in and it
affairs shall be managed by a boart
composed of not less than five no
more than nine directors elected b.
ballot by the stockholders at a meet
ing to be held at the domicile OF th'
company on the first Tuesday afte
the second Monday in January o
each year beginning in 1913. In cas-
of failure to hold an election on thu
day fixed, the directors in offlc'
shall hold over until their success
Ors are duly elected, which may b.
done at meeting held thereafter
Vacancies in the board may be fille'
for the unexpired term by the re
| naming directors. Board member
may by written proxy act for eac
| other at board meetings. The dlrec
tors shall elect, viva Voce, a pres
dent, first vice president, a secon
| vice, president, a third vice pres
dent, a secretary treasurer, an as
5istant secretary treasurer, and ma
| employ or engage genera manage
and such other agents or assistant
as the interests of the cOrporatlO
may require, and discharge them g
it's pleasure. Each director shall oW
at least one share of stock OF tn
corporation. Three directors sha
constitute a quorum of the boar
for the transaction of business. TIL
secretary treasurer shall malntaI
his office at the domicile OF tn
company-at Shreveport, La; and h
shall give bond with the security
solvent surety company in tf
lsum of five thousand dollars cond
| Toned on the faithful performant
of his duties and the proper a
| oo,,uf;uO for all moneys that me-