The Caucasian. (Shreveport, La.) 1900-192?, 1913-09-28

pubIif. cam" anu appeared THE par
ties whose names 1fss. ltIrunto sub
Scrii,ut. who declared that aNaiIiu;
themselves of IT," provisions Of tn,
laws Of the State ri Louisiana 1.,.a-
tive 20 corporations. tlt.v haNs
formed a corporation antier tEt
name and ~tyIr ami Of :tie poNrr.
and privileges, hereinafter stipuIut.
ed, to-Wit:
ARTICLE /
The name Of this corporation
shall be "Cadtlo Oil and Ieucl Conn
panN," with its iomieIia in tt4 Ilt}
OF Shreveport. La. and under SulG
corporate name it shall have ami
enjoy succession for a period y
ninety-nlne 90 wears unless soon
TT dissolved as hereinafter stated
All legal process shall be served on
/ the president. or in his absence on
the vice president, at the office oi
the corporation according 70 law.
tAn I14LI 1t.
| The objects and purposes Of this
corporation is hereby declared to be
Che business Of mining for oil, gas
and other minerals. with the right
to do any and everything incidental
thereto, including the building of
pipe lines. lie purchase lease and
sale Of lands and personal property,
and for The purpose Of holding lands
for development by other persons
or corporations.
ARTICLE III.
The capital Sock Of this colpor-
alton is fixed at the sum Of tifty
thousand and nO-l0O dollars, diNll-
ed into 500 shares Of the par value
Of one hundred and no-l0O dollars
each. This corporation is author
ever nine thousand five hundred
and no-t0O dollars of its capita
stock is subscribed for and paid in
cash or its equivalent. No stock
shall be issued until the same is
fully paid for, but stock may be is
sued in payment Of property, real
or personal. or for services rem
dered to the corporation, as may be
determined by the stockholders. No
sale Of stock by any stakeholder in
this corporation shall be valid I'M
less the same shall have been first
offered to the remaining stockhold-
ers for a period Of ten days at q
price equal to any bona fide offer
made for same, or in lieu thereof at
its book value; such offer to be
made in writing and addressed to-
the president Of this corporation.
And this limitation as to the sale Of
stock shall be incorporated in all
certificates Of stock issued by this
company.
ARTICLE ~.
The corporate powers of this
company shall be vested in and eN-j
ercised by a board Of tIree- drec-
5ors, two Of Whom shall constitute
a quorum. The first board of direc-
tors is hereby declared to be II. c. !
Brewster. r. L. Dodson and O. Ii
Biedenharn. with H. C. Brewster as 4
r. L. Dodson as vice pres
ldent, and O. T. Biedenharn as sec
rotary and treasurer. who shall hold |
their office until the next regular
Of the stockholders for the
selection Of a board of directors,
which shall be held on the second
Tuesday in January 1914. on which
date and annually thereafter such .
meeting shall be held,
and Of which meeting notice SHALL
De given by public advertisement in
any one Of the newspapers pub
ished in the Parish Of Caddo. At all
meetings Of stockholders the ma
Ority Of stock shall elect the direc-
OTIS. and in all elections or proceed
nes Of Stockholders each share &c
stock shall be entitled to one vote.
ARTICLE Y.
Whenever this corporation is dis
solved, by limitation or otherwise,
is affairs shall be hgujdated by
Wo persons selected for the pur-
pose at a stockholders meeting
July held, and SAID IiuuiIators shall
perform such services and give
such security as the stakeholder 81
nay require.
ARTICLE VI.
No stakeholder Of this corporation
hall ever be held liable Or rpspan-f
lple Tor the contracts or faults
hereof in any further sum than the
unpaid balance due the company
II their stock: and no informality
n organization shall have the effect /
f rendering this charter null or of /
Exposing its stockholders to any {
oss beyond The amount of their |
apital stock. t