The Caucasian. (Shreveport, La.) 1900-192?, 1913-04-24


ucts and by-products; to bore, ope-
rate and maintain oil wells, gas
wells, buildings, machinery, plants,
tanks, stores and warehouses; to
handle, store and transport OIL, gas,
brine and other minerals, or min
eral solutions and to make reason
able charge therefor. Also, when
ever permitted by law, to have the
right and power to. enter upon pri-
waite rights of way, easements and
properties of all persons and cor
porations, and to have the right of
laying 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 TIT.
Tire capital stock of this corpora
ton is hereby fixed at the sum OF
ten thousand (Si0,000.O0) dollars, di-
vided into and represented by one
hundred 400 shares OF the par
value of one hundred ($iO00O) dol
lars per share, which shall be paid
for in cash or its equivalent at the
time of it's issuance. This corpora
ton shall be authorized to COM
| mence business as soon as three
thousand dollars of its capital stock
shall have been subscribed and paid
for in cash or its equivalent.
ARTICLE ".
The corporate powers of this cor
poraton shall be vested in and exer-
cised by board of three directors,
chosen from the stockholders, two
of whom shall constitute quorum
for the transaction Of business The
board of directors shall be vested
with power and authority to make
all contracts, purchases, leases,
sales, etc., in the prosecution of the
business of the company, and to
adopt code of bylaws, rules and
regulations for the management of
the business and affairs of the COM
pany, and may alter, amend and
change the same at pleasure. The
board of directors shall elect the
officers of this corporation, and ap-
point, hire and discharge all Off
cials, agents and employees, fix their
compensation, and generally do and
perform all things and acts neces-
sary in the prosecution of the en-
terprise of the company. Vacancies
occurring in the board of directors
by death, resignation or otherwise,
shall be filled for the unexpired
time by the remaining directors.
The same person may be elected
secretary and treasurer. The first
board of directors of this corpora
ton shall be composed of w. G.
Woolf, C. d. Keen and R. w. Norris.
The officers of this corporation shall
be as follows: William C.. Woolf,
president; r. w. Norris, vice presi-
dent, and Cornelius d. Keen, secre-
tary and treasurer This board of
directors and the officers shall re-
main in Office until the first Mon
day in April 1914, or until their sue
cessors shall have been elected and
qualified. OnoDthe first Monday IN
April and annually thereafter
an election of directors shall be held
at the office of the company in
Shreveport, La, notice of which
meeting shall be given in any one of
the newspapers published in the
City of Shreveport for ten (iO days
prior to the date Of the meeting.
Should for any cause this meeting
not be called or advertised at the
time mentioned, then it may be
called and advertised for a later
date, and a meeting held at such
later date shall have the same eff
ficacy and force as though held on
the first Monday in April. At all
stockholders meetings each share of
stock shall be entitled to one "a
vote, either in person or by proxy in
writing. The term of office of no Of
fetal, agent or employee shall extend
beyond the term of office of the
board of directors which elected,
chose or appointed him. If no term
be fixed during which an official or
employe is to hold office, then his
tenure of the place shall be at the
discretion of the board of directors.
| ARTICLE V.
This act of incorporation may be
amended, or the corporation itself
dissolved, by and through the assent
and action of three-fourths 90 of
the stock present or represented at
any general meeting of the stock
holders convened for that purpose
after thirty 800 days prior notice
of such meeting shall have been
given by publication in one of the
daily newspapers published in the
City of Shreveport, La, by five ~