The Caucasian., 1913-11-30


syhose names are hereunto signed
mho declared to me that they nave
and do l@reIS forns corporation
glnder the lows Of the Stase 0l
houisian0. under the proslsione 0l
the following articles, tg-wlt:
ARTt.lf q.
Che name Of this corporation
shall be Des Goids Dil snd Gas Cola-
eany; unless sooner dissolved III az
cordance with it's charter it shall
exist for q period of nlnety-nlne
wears. it shall 9aSe the right TO sue
and be sued; to receive, purchase
and other9ise acquire, and also TO
own. convey, SELL lease, pledge ana
mortgage property, real, personal,
and mixed.
ARlGCLG Ii.
The domicile of this corporation
is hereby fixed in the City Oh
Shreveport, Louisiana.
ARTICLE III.
The nature of the business to be
carried on and the purpose for
which this corporation is restaD-
lished. are hereby declared to be to
engage in the business of producing
oil and gas, and to that end to ac-
Uuire leases on Oil and gas lands IN
the Caddo oil field and in such other
Sfelds as may be determined by the
board of directors. To buy and sell
lands. leases, oil, gas and mineral
contracts of all kinds whatsoever,
and generally to do and perform all
things necessary in the oil and gas
business.
ARTICLE ".
The corporate powers OF thlScof-
poration shall be vested in a board
of directors composed OF tive stock
holders, a majority of whom snail
compose a quorum. The directors
shall elect a president, vice presl-
dent and secretary-treasurer, and
shall prescribe the duties OF each
Election of officers shall take place
the first Monday in October OF each
year. The first board of directors
shall be as follows: George L. Rey-
nolds. ID. C. Richardson, j. M. Rey-
nolds, C. L. Wheeler and John
Brown. with George T. Reynolds a:
president, ID. C. Richardson as VICE
president, and J. M. Reynolds secre-
tary-treasurer. All officers and dl-
rectors shall serve until their sue
cessors are elected. Service OF al
legal process shall be made On the
president, or in his absence on the
vice president, or in his absence OF
the secretary-tr treasurer, at the Of
flee of the company. The board o.
directors shall appoint such man
+. ayers, agents or sub-officers as tn
interests Of the corporation may re-
quire, and make and establish sucf
bylaws as may be necessary anC
proper for the management AMI
regulation of the affairs Of the cor
poration. If any vacancies occu
among the officers or directors, the
remaining directors may selec
stockholders to fill the same. Tht
board of directors shall have power
to borrow money and lend money
to issue bills Of exchange, notes
bonds, drafts and other negotiable
paper, execute mortgages, and gen
orally to do all things incident t.
the objects and purposes Of this
corporation.
ARTICLE v.
The capital stock OF this corpora.
uon shall be one hundred thousand
dollars, divided into one thousand
shares Of the par value of one hun.
dred dollars, each, which said stocl
shall be paid for at the time Of sub
scription, or the same may be ISSUED
at not less than par in exchange TO
property or rights actually receiyet
or purchased by the corporation, o
the same may be issued full pait
for money advanced or other valu-
able consideration as the board o
directors may determine. This cor
poration shall commence bushes
as soon as seventy-five hundre'
dollars of the capital stock shal
have been subscribed
ARTICLE VI
The directors shall be elected b,
ballot at the regular annual meet
ing called for that purpose or an.
meeting adjourned from same. A
all stockholders meetings each shar
Of stock shall be entitled to on
vote; a STOCKHOLDERS may vote b
proxy. A majority Of the stocl
holders shall compose quorum
A majority Of the stock pres
ent shall elect the directors
present shall elect the directors
Special meetings may be called a
the pleasure Of the president, or OF
dnu,aud 0f three cfock holders TIL,