The Caucasian., 1913-12-07
CHARTER

a@o-eoeSe
b CHARTER
D W eflo valIey Oil Compans.
2 Ataa a Iouisiana, Parish a Cad
90: BE it knowp that on this the
3rd day of December q y. 1918, be-
fore me, Abe Goodman, Q notary
public, duly commissioners and au-
thorized to administer oaths and 20
| take acknowledgements ip ana for
| the Parish of Caddo, State of Eouis-
lana, personally came and appeared
S. P. Shoenberger, president; Oscar
Shanks, oice president; E. 4 Rat
cliff, secretary and treasurer, Nho
| declared that availing themselves OF
| the provisions of the laws OF this
State relative to corporations, they
have covenanted and agreed, and by
| these presents covenant and agree,
and bind themselves, as we'll as such
other persons as may hereafter be-
come associated with them, to form
and constitute a corporation and
| body polite in law, for the objects
and purposes and under the stipu-
lations and conditions following:
ARTICLE /.
The name and title of said cor
poration shall be The Valley Oil
Company, and its domicile is hereby
fixed and established at Shreveport,
Caddo Parish, State of Louisiana,
and under its said corporate name
said corporation shall have power
and authority to contract, sue and
be sued; to make and use corporate
seal and the same to break or alter
at pleasure; to hold, receive, have,
purchase, improve, ALLEVIATE, convey,
borrow, pledge, mortgage and by
pothecate, under its said corporate
name, property, real, personal and
mixed; and to do all things and acts
permitted by law and necessary and
proper to carry out the objects and
purposes of said corporation. The
president, or in his absence the vice
president, shall be the proper per-
son upon whom citation or other
legal process shall be served. This
corporation, unless sooner dissolved
in accordance with this charter,
shall exist and endure for a period
of fifty years from and after its
date.
ARTICLE II.
The objects and purposes for
which this corporation is organ
ized, and the nature of the business
to be carried on by it, are hereby
declared to besto purchase or lease
lands for the purpose of developing
the same for oil or gas or other
minerals, and to engage in the busi-
ness of producing, handling, buying
and selling, oil and gas, or other
minerals, to acquire, construct,
maintain and operate gas and oil
plants and pipe lines and stations
for conveying and storing oil and
gas, and generally to do such acts
and things as are necessary and
proper, incident to the producing of
oil and gas, and handling, buying
and selling and purifying and dis
posing of the same, whether the in
dividuals or corporations be private
or public.
ARTICLE III.
The capital stock of this corpora
ton shall be one hundred thousand
dollars, divided into and represented
by shares Of twenty-five dollars
each, which said stock shall be paid
for at the time of subscription
therefor, or the same may be issued
at not less than par value in ex-
change for property or rights ac-
tually received or purchased by the.
corporation, or the same may be is
sued fully paid for money advanced
or other valuable consideration as
the board Of directors may deter
mine. This corporation may COM
mence business as soon twenty five
thousand dollars Of the capital stock
shall have been subscribed for and
paiI in.
ARTICLE ".
The corporate power and author
ity OF, this corporation shall be vest
ed in and exercised by a board of
four directors, who shall be and are,
for the present, S. P. Schoenberger,
president; Oscar Shanks, vice presi-
dent; E. r. Ratcliff, secretary and
treasurer, and T. P. Burlington, who
shall hold their Offices until the
next regular meeting of the stock