The Caucasian. (Shreveport, La.) 1900-192?, 1912-08-22
CHARTER
Os she erocess Oil Company Limited

Os she erocess Oil Company Limited
State o. Louisiana, PARISH OF Cad
do: Be it remembered that on this
day, before me, JOha F. Slattery,
notary public in and for said Parish
and State, duly commissioner and
sworn, personally came and ap-
peared +. W. Plumb, J. Milo Smith,
Eli Gras, August Cazeaux, and
Z. w. Hamiter, all residents Of
the said Parish and State, who
stated and declared to me, notary,
that aVailing themselves of the Con-
stitutiOn 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 cOnsti-
tute themselves into a 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 COrpOr-
alton shall be The Process Oil Com
pany, Limited, and its dOmiclie al
he City of Shreveport, in the Par
ish of Caddo, State of Louisiana, and
under its corporate name 1t shall
have and enjoy succession for pc
riod of fifty ears, unless sooner dis
solve da sherewithin 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
ears 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 proper
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 (Si50,000), 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 be
fixed by the board of directors, and
when issued shall be fully paid and
non asSessable.
ARTICLE ".
The affairs of this corporation
shall be managed and conducted by
board of directors consisting of
| five stockholders of this corporation
| to be elected at a general stockh0ld-
ers meeting on the first Tuesday of
July of each year, who shall hold
their offices for one year, or unit:
their successors are elected and in
stalled, and any vacancy occurring
| in said board Of directors shall be
filed by an election, by the board
Of directors, of any stakeholder for
the unexpired term. Until the elec:
1913 the following shall constitute
the first board of directors of this
corporation: F. w. Plumb, J. Milo
Smith, Eli GraS, Angst GaZauX, E.
| W. Hamiter. The officers of this cor
poration shall be a president. vice
president, secretary and a treasurer,
and the first officers Of said corpor-
Iation are declared to be: F. w.
Plumb, president and general man
ager: August CazauX, vice presi-
dent: E. W. Hamiter, secretary; Eli
Gras, treasurer. The board Of direc-
tors shall have the power to make
land adopt all necessary rules. regu-