The Caucasian., 1913-08-05
CHARTER
The John Scharbauer Oil Company.

State of Louisiana, Parish of Cad
do: Be it known that on this the
14th day of July A. D. 1913, before
me, Geo. G. Dimick, notary pub
lie in and for said Parish Of Caddo,
State Of Louisiana, duly commits
stoned and qualified, and in the
presence of the witnesses herelnat-
ter named and undersigned, came
and appeared the persons whose
names are hereunto subscribed,
who severally declared that avalllnS
themselves of the provisions Of the
laws of the State of Louisiana rela-
tive to the organization of corpora
tions, they have formed and organ
ICED, and by these presents do form
and organize themselves into a cor
poration and body polite in law, Tor
the objects and purposes, and under
the stipulations. and limitations
hereinafter set forth and expressed,
and to this end do hereby formulate
and adopt the following charter, to-
wit:
ARTICLE I.
The name and title of the cor
poration formed by this act is de-
clared to be The John Scharbauer
Oil Company. It's domicile is hereby
fixed at the City Of Shreveport, La,
and it shall have and enjoy success
sion by its corporate name for a
period Of fifty (50) years from and
after the date thereof. It shall have
power and authority to contract,
sue and be sued in its corporate
name; to make and use a corporate
seal; to issue shares Of stock repre-
senting its capital stock; to acquire
by purchase or lease and to hold
real and personal property, and to
sell, lease, mortgage and pledge the
same, and to borrow money and is
sue bonds, stocks, notes and other
obligations, all in aid Of its main
purpose as hereinafter set forth. All
citations or other legal process shall
be served upon the president OF the
company, or in his absence or ina
bility to act upon either Of the vice
presidents, or in their absence or
inability to act, the same shall be
served at the office Of the company
iii accordance with the direction Of
the law.
ARTICLE IT.
The objects and purposes for
which this corporation is organized
and the nature Of the business to be
carried Oh by it are hereby declared
to be to exploit, drill, explore and
mine IN this and other states, lands
it may own or lease, containing OF
believed to contain gas, petroleum
and other Oil deposits, or pools, OF
other minerals; to carry on the bus
mess Of searching for, prospecting
piping, storing, Transporting, sup
plying, selling and distributing gas
petroleum and other oils and thell
products and by-prOducts; to bore
operate and maintain oil wells, gas
IiWells, to construct the necessary
buildings, machinery, plants, tanks
stores and warehouses; to handle
store and transport oil, gas, brine
and other minerals, or mineral so
lutions, and to make reasonable
charge therefor. Also, whenever
permitted by law, to have the righ1
and power to enter upon pfivat'
rights Of way, easements and prop
critics Of all persons and corpora;
tions, and to have the right Of lay
ing its pipes and pipe lines acros'
and under any public road, streets
railroad right Of way, street rail
road, canal or stream, or bed @
/ lake. ARTICLE III.
The capital stock Of this corpora
ton is hereby fixed at the sum g
one hundred thousand ($100,O O0
dollars, divided into and represent
| cd By one thousand q ,OOO) shares Q
i the par value Of one hundred dol
lars $4,000 per share, which shal
.Ibe paid for in.eash Or its equiValen
Il at the time Of its issuance. When
Il ever 500 shares or fifty thousan
i dollars OF the capital stock shal
have been subscribed for and pal
i III cash or its equivalent, this cor
4 poration shall have authority t
i commence business.
ARTICLE ~.
i The corporate powers Of this cor
Y poration shall be vested in and ey
Il ercised By d board Of seven direc
Il Itors, chosen from the stockholder
II d majority Of whom shall constitut
4 d quorum for the transaction {
Il business. The board Of director
i shall be vested with power and az
u thnrifvs III make all contracts, puI