The Caucasian. (Shreveport, La.) 1900-192?, 1912-06-09
CHARTER
OF the Quick Seven Oil ana '"S
Company Limited.

Company Limited.
static Of Louisiana, SSFiN' 60 '''
do. Nrrnrr me, Soon O.. tlI''S' We
InrN public in and Tor ll'' 9'"'' '''
Parish above written. duly rnnl'lIN
stoned and acting as S'IrI', s'TH''''',
IL came anN appeared on Toe -''
Loy of Nav I0.2. III tIU pr"S"I'' 81
Inc witnesses hereinafter 'l'"'F
signed. the persons nAIH'N ~ "r''
IN hereof. acting in ~" rap"'''''9 -
therein mentioned. vino d"'laf'''
HAT they 90 by tH"S" presents "'Ra''
we u corporation under the laws ~
the State Of Louisiana with 'H' zoe
lowing articles as The charter ~ Sa''
rurpnraiinn and also as tn" orIR'l'a'
>,IhsrrlpIion list for IN" purpose ''
organizing.
ARTICLE |.
The name Of the corporation shall
be- The Quick Seven Oil and 'saS
Company Limited. It's domiclI" Sla''
be at Shreveport, in the PARISH Oh
Caddo. state of Louisiana. Citation
and other legal process shall be
served ON It's president, or III his an
>rnrr on The first vice president, or
i'm his absence on such other person
as may be named bylaw to receive
citation. It shall begin business I'M
mrdatrIy and shall exist FOR a pc
riod of ninety-ninc years from thus
date.
ARTICLE II.
II shall have power to contract.
~ and be sued to make and use a
corporate seal: to hold, receive, pur-
chase. convey, mortgage, pledge and
hypothecate property, real and per
SOnaI: to name and appoint such
managers. directors and officers as
IT'S interests and cOnVenleDces may
require: to make and establish such
by laws 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
NAV hereaffey 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 its own land
or lands leased from others, or both.
Second. of establishing and operat-
ing pipe lines and other means for
transporting such products to the
market. Such mining and transpOr-
tatiOn are declared to- be the nature
e the business to be carried on by
the corporation.
ARTICLE ".
The capital stock is fixed at
twenty thousand dollars, divided in
to two hundred shares of one hun
dred dollars each. No stock shall be
issued until fully paid for. No trans
fer of stock shall be binding on the
corporation until noted on 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 Y.
The corporate powers of The cor
pOratiOn shall be vested in and its
affairs shall be managed by a board
composed Of not less than five nor
more than nine directors elected by
ballot by tile stockholders at a meet
ing to be held at the dOmicile Of the
company an 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 untiI1heir. success
ors are duly elected, which may be
done at meeting held thereafter.
Vacancies in the board may be filled
for the unexpired term by the Re-
manning director5T Board members
may by written proxy act for eacI
other at board meetings. The direc-
tors shall elect, viva Vocr. a pre- :.
dent, first vice president, a Sccoad
vice president, a third vice presi-
dent a secretary treasurer, an as
Sstant secretary treasurer, and may
employ or engage 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
q. i.ta III i ~. =