The Caucasian. (Shreveport, La.) 1900-192?, 1912-12-26
CHARTER
Of the S-B-H Oil Company.

subscribed. VINO declared that avail |
ing themselves Of the provisions of
the laws Of this State relative tol
corporations. they have formed a
corporation under the name and
style, and with the powers and priv
ileges hereinafter stipulated to-
Wit:
ARTICLE |.
The name of this corporation
shall be "S-B-H Oil Company with
its doInicile in the City Of Shreve-
port, CaddO Parish. La, and under
said corporate name it shall have
and enjoy succession for a period
of ninety-nine 80 years, unless
sooner dissolved as hereinafter
stated. All legal process shall be
served on the president, or in his
absence at the office Of the corpora
lion. according to law.
ARTICLE II.
The object and purposes OF thus
corporation are hereby declared 10
be the business Of buying and SELL
ing Oil, with the right to do any and
everything incidental thereto, in
cluding the establishment and
building of pipe lines for the pur-
pose of the transportation OF such
product: and the business OF min
ing for oil and other minerals; and
| the purchase and sale of such min
pral products as may be obtained by
its mining operations; and the pur-
chase. lease and sale OF lands and
personal property: and in general
the doing Of any and everything
necessary, incident, or consistent
with the purpose of mining, pur-
chasing. marketing. Transporting
and selling petroleum oil and other
minerals: giving the corporation the
right to qualify under the laws Of
the State as common Garner u
such products.
ARTICLE III.
The capital stock of this corpor'
alton is fixed at the sum OF MT,
thousand (S5O,OOO00l dollars. d!
vided into five hundred shares 0
. 1.-The par value of one hundred (sltJ
dollars per share. This corporation
Is authorized TO commence buslnes
whenever ten thousand >slo,ooOoo
dollars of its capital stock IS sun
scribcd for and paid in cash, or II
equivalent. No stock shall be issue
until the same is fully paid for, hu
stock may be issued in payment O
nrOperly, real or personal, or IL
services rendered to the corpora
ton as may be determined by tn
directors.
ARTICLE ~.
The corporate powers of this col
norati0n is hereby vested IN Doai
Of directors consisting OF thr(
stockholders, the majority OF VINO
: shall constitute quorum for II
transaction of business. The sa
hoard shall be elected annually
The annual meeting OF the stoci
! holders of the corporation to
held on the first Monday in Janual
of each year, beginning with u
p YEAR 1914. The officers OF the con
n pany shall be a president VI
. president and secretary-treasure
10 be elected by the directors. I'm
their successors are elected d
;, qualified, the first board OF oife
- tors Of the corporation shall co
sist of the following: D. P. Bate
:. elor, S. P. Schenberger ana D
Hunter, with D. P. Batcheior
president, S. S. Hunter as vice pre-
i dent. and S. P. Schenberger as sc
= retarv-treasurer. Said board sn
H have power to select and appoI
II s,ch other officers as they may
III sire and to make and establish su
|Nhy-laws for the proper manageiif
II and regulation of the AFFAIRS OF
II corporation as may De prop
II which bylaws shall be pinains
lfEfha stockholders as il written
ltIthis charter.
Hi ARTICLE Y.
iii Whenever this corporation Is
Hi solved by limitation or otherw
Hits affairs shall be liquidateo ny
nersons selected for the purpose
stockholders meeting duly n
III and said liquidators snail perlt
s,,ch services and give such sec
HIN as the stockholders may reqo
II ARTICLE VI.
At all meetings OF the stoekii'
OPS each share of stock shall De
titled to one vote, to be cast IN |
son OF by proxy. When not OF, u.
wise provided by law an 81
tlholders to be notified ten DAYS p
tIto any meeting of stockhoiaas