The Caucasian. (Shreveport, La.) 1900-192?, 1913-10-07
CHARTER

s4Ie.Ais Ell
~ 1hr a.addo Oil and Fuel Com
pany.
= ale Ut Louisiana. Parish Of Cad
do: It it remembered that on this
DAY before me, Nv Fl. Scheen, notary
public, came and appeared the par
tItS Whose names are hereuntO sub
,rribrd Who declared that a>alllIS
themselves OF the provisions Of the
laws Of tile Stale OF Louisiana rela-
Tive ito corporations, they have
formed Il corporation under the
name and style and Of The powers
and privileges hereinafter stIpulat-
20. tU-Wt: #.--
ARTICLE /.
The name Of this corporation
shall BE- 'taddo Oil and Fuel Com
l1ars." With its dnmicIIe in the City
ni. shreveport, La, and under said
corporate name it shall have ANA
enjoy succession for a period
nlnetN-nine 90, years, unless soon
IT dissolved as hereinafter stated
MI legal process SHALL be served OH
he president. or in his absence on
he vice president, at the office OF
the corporation according to law.
ARTICLE II.
The objects and purposes Of this
corporation is hereby declared to be
he business uf mining for oil, gas
and other minerals, With the right
- do any and everything incidental
hereto, including the building of
pipe lines, lie purchase, lease and
sal" 0f lands and personal property,
and for HE purpose Of holding lands
for development by other persons
5l' corporations.
ARTICLE III.
The capital stock of this corpor-
alton is fixed at the sum OF fifty
thousand and no-iON dollars, dlNln-
ed into 500 shares Of tile par value
If one hundred and nO-lNO dollars
each. This corporation is author
zed to commence business when
@Ncr nine thousand five hundred
and no-l0O dollars of its capita
sock is subscribed for and paid in
ash or its equiNalent. 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
Tered to the corporation, as may be
determined by the stockholders. No
sale Of stock by any stakeholder in
his corporation shall be valid I'M
ess the same shall have been first
offered to the remaining stOckhold-
ers for period Of ten days at 4
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
thc 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 ex-
nrciscd by a board of three direc-
'ors, two of whom shall constitute
a quorum. The first board of direc-
Tors is hereby declared to be H. G.
Brewster, r. L. DodsOn and O. L.
Biedrnharn, with H. c. Brewster as
president R. L. DodsOn as vice pres
idcnt. and O. L. Biedenharn as sec
rotary and treasurer, who shall hold
their office until the next regular
meeting 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
stockholders meeting shall be held,
and of which meeting notice shall
be given by public advertisement in
any one of the newspapers pub
Iished in the Parish of Caddo. At all
meetings Of stockholders the ma
jority Of stock shall elect the direc-
tors, and in all elections or proceed
in9s Of stockholders each share of
stock shall be entitled to one vote,
ARTICLE v.
Whenever this corporation is dis
solved, by limitation or otherwise,
it's affairs shall be hduidatcd by
Two persons selected for the pur-
pose at stockholders meeting
duly held, and said Iiquidators shall
perform such services and give
such security as the stockholders
may require.
ARTICLE VI.
No stakeholder of this corporation
shall ever be held liable or pespon-
sible for the contracts or faults
thereof in any further sum than The
unpaid balance due the company
OH their stock: and no informally