The Caucasian. (Shreveport, La.) 1900-192?, 1913-05-20
CHARTER
OF the Commerce Oil and Gas Com.
9 pany, Limited.


Wheeler Shropshire, a notary pub
lie in and for said Parish of CaddC
State of Louisiana, duly commits
stoned and qualified, and in tn
lpreSence of the witnesses hereinaf
ter named and undersigned, came
and appeared the persons who's
names are hereunto subscribed, al
above the age of majority, who sew
orally declared that, availing them.
selves of the provisions of the law:
LOT the State of Louisiana relative tC
the organization of corporations
they have formed and organized
and by these presents do form and
organize themselves and those
whom they represent into corpor-
alton and body polite in law, fol
the objects and purposes, and under
the stipulatiOns and limitations
hereinafter set forth and expressed
and to this end, and as embodying
the objects and purposes and stipu-
lations and limitations referred TO-
they do hereby formulate and adopt
the following charter, to-Wit:
ARTICLE l.
The name and title of the cOrpOr-
alton formed by this act is declared
to be the Commerce Oil and Gas
Company. It's domicile is declared to
be and is hereby fixed at the City of
Shreveport, State of Louisiana, and
it shall have and enjoy succession
by its corporate name for a period
Of fifty go years from and after
the date hereof. This corporation
shall have the power and authority
to contract, sue and be sued in its
corporate name; to make and use a
stock representing its capital stock;
to hold, receive, hire, lease and pur-
chase real and personal property,
and to sell, lease, mortgage and
pledge the same, and to borrow
money and issue bonds. stocks, notes
and other obligations, and, generally
to do and perform all acts and
things essential or necessary to the
carrying out of its main purpose OF
mining for Oil and gas or other min
erals, and marketing the products
OF this enterprise. All citations or
other legal process shall be served
upon the president of the company,
or in his absence Or inability to act,
upon the vice president, or in his
absence or inability to act, the same
shall be served at the office of the
company in accordance with the di-
rectiOn of the law.
ARTICLE II.
The objects and purposes forI
which this corporation is organized
and the nature of the business to be
carried on by it are hereby declared
to be: To purchase, lease or other
wise acquire and hold and exploit in
HE State of Louisiana and other
States, lands containing OF believed
to contain gas, petroleum, and other
oil deposits, or pools, or other min
erals: to carry on the business OF
searching for, prospecting, piping,
Transporting, supplying, |
selling and distributing gas, petro-
leum, and other oils and their prod |
ucts and by-products; to bore, ope-
rate and maintain oil wells, gas
wells, buildings, machinery, plants, |
tanks, stores and warehouses; toI
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-
vate rights of way, easements and
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 III.
The capital stock of this corpora
ton is hereby fixed at the sum OF
ten thousand (siO,0O0.OO) dollars, dill
vided into and represented by one
hundred 400 shares of the par
value of one hundred (StOO.0O dol
lars per share, which shall be paid
for in cash or its equivalent at the
time of its issuance. This corpora
lion 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 it's equivalent.
ARTICLE Nv.
The corporate powers of this COR
ooration shall be vested in and exer-
;ised by board Of three directors,
chosen from the stockholders, two
Of whom shall constitute quorum
for the transaction of business. The