The Caucasian. (Shreveport, La.) 1900-192?, 1913-01-12

| day, before me. }. A. lHlSpen, io-
tary public, came and appeared the
parties whose names are hereunto
subscribed, who declared that avail
ing themselN es of the provisions OF
the laws of this State relative to
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 domicie in the City of Shreve-
port, Caddo Parish, La, and under
said corporate name it shall have
and enjoy succession for period
of ninety-nine 800 years, unless
sooper dissolved as hereinafter
stated. All legal process shall be
served on the president, or in his
absence at the office of the corpora
ton, according to law.
ARTICLEII.
The object and purposes of this
CORPORATION are hereby declared TO
be the business of buying and SELL
ing oil, with the right to do any and
everything incidental thereto, in
GLIDING the establishment and
building of pipe lines for the puG
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
eral 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 comman carrier OF
such products.
ARTICLE ILL.,
The. capital stock of this corpOr-
alton is fixed at the sum of fifty
thousand (S5OOOO.OO dollars, d.
vided into five hundred shares OF
the par value of one hundred (sl00)
dollars per share. This corporation
is authorized to commence business
whenever ten thousand lSl0,0O0.O0)
dollars of its capital stock is sub
scribed for and paid in cash, or its
equivalent. No stock shall be issued
until the same is fully paid for, but
stock may be issued in payment OF
property, real or personal, or for
services rendered to the cOspora-
ton as may be determined by the
directors. a
ARTICLE We
The corporate powers of this cor
poration is hereby vested in board
of directors consisting of three
stockholders, the majority of whom
shall constitute a quorum for the
transaction of business. The said
board shall be elected annually at
the annual meeting of the stock
holders of the corporation to be
g held on the first Monday in January
of each year, beginning with the
yeSn 1914. The officers of the COM
pany shall be president, a vice
president and a secretary-treasurer,
to be elected by the directors. Until
i. their successors are elected and
Al qualified, the first board of direc-
tors of the corporation shall con-
! sist of the following: ID. p. Batch
elOr, S. p. Schenberger and S. 5.
tt Hunter, with ID. P. Bachelor as
q president, S. S. Hunter as vice pres
e ident, and S. P. Schenberger as sec
: retary-treaSurer. Said board shall
g have power to select and appoint
such other officers as they may de-
e sire, and to make and establish such
g bylaws for the proper management
anu IeSu1dllOll VI IuC . VI tilN
corporation as may be proper
/ which bylaws shall be binding on
< the stockholders as if written in
D this charter.
: ARTICLE V.
Whenever this corporation is dis
solved by limitation or otherwise
its affairs shall be liquidated by two
persons selected for the purpose at
stockholders meeting duly held
!, and said liquidators shall perform
such services and give such secur-
ity as the stockholders may require
! ARTICLE W.
At all meetings of the stockhold-
! ers each share of stock shall be en-
! titled to one vote, to be cast in per-
, son or by proxy. When not other
Ix, oil c4o