The Caucasian., 1913-07-22
CHARTER
The John scharba,er OIL Company.

The John Scharba.er OIL Company.
State of Louisiana, Parish of Cad
do: Be it known that on this the
t4th day of July A. D. 1913, before
me, Geo. G. Nmick, a notary pub
! lie in and for said Parish Of Caddo,
State eff Louisiana, duly commits
sioned1and qualified, and in the
presence of the witnesses hereina:-
ter named and undersigned, came
and appeared the persons whose
names are hereunto subscribed,
who severally declared that availing
themselves of the provisions Of the
laws of the State of Louisiana rela-
tive to the organization of corpora
tions, they have formed and organ
lied, and by these presents do form
and organize themselves into a cor
poration and body polite in law, for
the objects and purposes, and under
the stipulations and limitations
| hereinafter set forth and expressed,
and to this end do hereby formulate
and adopt the following charter, to-
wit:
ARTICLE I.
The name and title of the COR
poration formed by this act is de-
clared to be The John Scharbauer
Oil Company. Its domicile is hereby
fixed at the City of Shreveport, La,
and it shall have and enjoy success
sion by its corporate name for a
period of fifty (50) years from and
after the date thereof. It shall have
power and authority to contract,
sue and be sued in its corporate
name; to make and use a corporate
| seal; to issue shares of stock repre-
senting its capital stock; to acquire
by purchase or lease and to hold
real and personal property, and to
sell, lease. mortgage and pledge the
same, and to borrow money and is
sue bonds, stocks, notes and other
| obligations, all in aid of its main
purpose as hereinafter set forth. All
citations or other legal process shall
be served upon the president of. the
company, or in his absence or ina
bility to act upon either Of the vice
d1esidents, or in their absence or
Inability to ab the same shall be
served at theseffice of the company
in accordance with the direction OF
the law.
ARTICLE II. =C
The objects and purposes for
which this corporation is organized
and the nature of the business to be
carried on by it are hereby declared
to be to exploit, drill, explore and
mine in this and other states, lands
it may own or lease, containing or
believed to contain gas, petroleum,
and other oil deposits, or pools, OF
other minerals; to carry on the bus
mess of searching for, prospecting,
| piping, storing, transporting, sup
plying, selling and distributing gas,
| petroleum and other oilsEand their
products and by-products; to bore,
operate and maintain Oil wells, gas
| wells, to construct the necessary
buildings, machinery, plants, tanks,
stores and warehouses; to handle,
store and transport oil, gas, brine
and other minerals, or mineral So
lutions, and to make reasonable
charge therefor. Also, whenever
permitted by law, to have the right
and power to enter upon private
rights Of way, easements and prop
critics of all persons and easpora-
tions, and to have the rightQ4 lay
ing its pipes and pipe lines across
and under any public road, streets,
| railroad right of way, street rail
road, canal or stream. or bed of
lake. ARTICLE III.
The capital stock of this corpora
ton is hereby fixed at the sum OF
one hundred thousand {3iOO,OOO.OOj
dollars, divided into and represent
ed by one thousand 1900 shares of
the par value Of one hundred dol
lars l$i00.0o) per share, which shall
be paid for in cash or it's equivalent
at the time of its issuance. When
ever 500 shares or fifty thousand
dollars Of the capital stock shall
have been subscribed for and paid
in cash or its equivalent, this cor
poration shall have authority to-!
commence business. q
ARTICLE ".
The corporate powers OF this COR
poration shall be vested in and ex-
ercised by a board of seven direc-
tors, chosen from the stockholders,
majority Of whom shall constitute
a quorum for the transaction oil
business. The board Of directors
shall be vested with power and au-
&hnuifxy fn rnaLnI nll norAnnoto 1,.u