The Caucasian. (Shreveport, La.) 1900-192?, 1913-05-20
CHARTER
OF The H. L. Heilperin Oil Com
pany.

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State of Louisiana, Parish Of Cad
do: Be it remembered that on THIS
day before me, S. L. Herold, notary
public, came and appeared the par
ties whose names are hereunto sub
scrlbed, who declared that awaiting
| themselves of the provisions of tn,
laws of this State relative to cor
porations, they have formed a cor
pOration under the name and style
and of the powers and privileges
hereinafter stipulated, to-wit:
ARTICLE I.
The name of this corporation shall
be "The ii. l.. Heilperin Oil Com
pany," with its dOmicile in the City
OF Shreveport, La, and under said
corporate name it shall have ana
enjoy succession for period Of
ninety-nine 800 years unless sooner
dissolved as hereinafter stated. All
legal process shall be served upon
the president, or, in his absence, at
the office of the corporation accord
ing to law.
ARTICLE ii.
The objects and purposes of this
corporation is hereby declared to
be the business of mining for oil,
gas and other minerals, with the
right to do any and everything in
cldental thereto, including the
building Of pipe lines, and the pur-
chase, lease and sale of lands and
personal property, and for the pur-
pose of holding lands for develop
ment by other persons or corpora
tons.
ARTICLE III.
The capital stock of this corpora
ton is fixed at the sum of one hun
dred thousand (Si00,OO00O) dollars,
divided into one thousand shares of
the par value of one hundred dol
lars per share. This corporation is
authorized to commence business
whenever ten thousand dollars OIL
capital stock is subscribed for and
paid in cash or its equivalent. MOL
stock shall be issued until the same
is fully paid for, but stock may be
issued in payment of property, real
or personal, or for services rendered |
to the corporation, as may be deter
mined by the stockholders. No sale
of stock by any stakeholder in this
shall be valid unless the
same shall have first been offered
to the remaining stockholders for
period of ten days at price equal
TO any bona fide offer made for
same, or, in lieu thereof, at its book
value; such offer TO be made in
addressed to the president
Of this corporation. And this limita-
ion as to the sale of stock shall be
in all certificates Of
stock issued by this company.
ARTICLE ~.
All of the corporate powers of
his corporation are hereby vested
in the president, who shall manage
he affairs OF the corporation with
put let OF hindrance on the part of
any stakeholder thereof; being vest
I'd with full power and authority to
10 any and every act which a board
IF directors of the corporation
should perform under the laws of
he State of Louisiana. The presi-
lent shall hold Office at the pleasure
IF the stockholders. Until his sue
lessor shall have been elected and
qualified, H. L. Heilperin shall be
president of this corporation. The
president shall have power to select
md appoint such other officers as
ne may desire, all of whom shall
lold office subject to his pleasure.
ARTICLE V.
Whenever this corporation is dis
solved by limitation or otherwise,
is affairs shall be liquidated by two
persons selected for the purpose at
/ stockholders meeting duly heidi
md said liquidators shall perform
uch services and give such security
Is the stockholders may require.
ARTICLE vi.
At all meetings of the stockhold-
rs each share of stock shall be en-
tiled to, one vote, to be cast in per-
on or by proxy. When not other
wise provided by law, all stock
holders to be notified ten days priorl
o any meeting of stockholders by
etter addressed to them at their