The Caucasian., 1913-07-24
CHARTER
OF the S0do Lake Oil and Gas Com.
pany.

SldlteIy, uuly 4udilieu anu dttiiio
notary public within and for the
Parish and State aforesaid, person.
ally appeared the parties whose
names are hereunto subscribed, who
declared that Availing themselvs Of
the provisions of the laws of the
State Of Louisiana, they do by these
presents covenant, agree and bind
themselves, as we'll as such other
persons as may hereafter become
associated with them, to form and
constitute a corporation and body
polite in law under the following
articles of agreement, to-Wit:
FIRST. u..
The name and style of this cor
poration shall be the Sodo Lake Oil
and Gas Company, and its domiclle
shall be in the City of Shreveport,
Caddo Parish, Louisiana, and under
its said corporate name it shall have
and enjoy existence for period OF
fifty years, unless sooner dissolved
as hereinafter provided. Under said
corporate name it shall have the
power TO sue and to be sued; to
make and use corporate seal and
the same to alter at pleasure; 20
contract; to acquire real and per-
sonal property, as we'll as to sell,
mortgage, hypothecate or otherwise
dispose of same, and generally to
do any and all things needful to
properly carry out the purpose and
object for which organized. All legal
process shall be served on the pres
ident or in his absence on the sec
retary.
SECOND.
The purpose for which this cor
poration is organized and the ma
ture of the business to be carried on
| is declared to be the drilling for Oil
or gas or other minerals On lands
owned, leased or otherwise acquired
by it for that purpose; to dispose of
same, and to build, acquire and
maintain pipe lines, tankc cars and
such other methods of transporta-
ton as may be deemed necessary.
THIRD.
The capital stock of this corpora
lion is hereby fixed at fifty-one
thousand (S51,OOO) dollars, repre-
sented by one thousand and twenty
| H,O2O) shares of stock of the par
value OF fifty dollars each, and said
corporation shall become going
Iconcern and authorized to COM
mence business when two hundred
| (2OO) shares of its capital stock
shall have been subscribed and paid
for, either in cash, property or SER
vices rendered.
FOURTH.
| This corporations affairs shall be
managed and controlled by board
of directors composed of five stock
holders, three Of whom shall con-
stitute quorum for the transaction
of all corporate business; said di-
rectors to be elected> at regular
meeting of the stockholders to be
held on the first Tuesday after the
first Monday of February of each
year, unless said day shall be a legal
holiday, in which event said elec-
ton shall be held on the first sec
ular day thereafter. Until the frs
regular election in February of the
year 1914, the following shall con-
stitute the board of directors: j. w
Coffey, r. A. Tierney, Noise H. Levy
Joseph E. Slattery and ]. B. Slattery
Of whom J. B. Slattery shall bF
lpresident; ]. W. Coffey, vice presi-
tdent; R. A. Tierney, secretary; anc
Joseph E. Slattery, treasurer. The
said board of directors shall have
! the power to adopt such bylaws
rules and regulations as may appear
conducive to the best interests Of
the company and shall have the
power to change or modify them al
i pleasure, and shall have also The
authority to employ such employees
managers, ETC., as may be necessary
lIand to fix their compensation
Should a vacancy occur in the sait
q 'Iboard of directors those remaining
| shall choose from among the stock
) holders others to fill the vacancies
At all stockholders meetings calle'
for any purpose each share of stool
present or represented by writer
: power Of attorney shall be entitle
:: to one vote, and a majority of vote
} cast shall decide all questions pre-
sented, unless otherwise provide
! for by law. Unless otherwise pro
= vided for, notice of all stockholder
: meetings shall be given by write
notice mailed to the last known ad
dress of each stockholder, provide
: that by unanimous consent such no
II tice may be waived.
ol FIFTH.
81 This charter may be amended, it