The Caucasian. (Shreveport, La.) 1900-192?, 1913-01-02
CHARTER
Of the OIL Field Gas Company.

tary public, came and appeared thi
parties whose names are hereuntt
subscribed, who declared that avail.
ling themselves Of the provisions o.
the laws of this State relative t.
corporations, they have formed ;
corporation under the name an,
style, and with the powers and priv
Iileges hereinafter stipulated, to-wit
= ARTICLE |.
The name of this CORPORATION
iishall be "On Field Gas Company, y
with its sdomieile in the City OF
Shreveport, Caddo Parish, Louis
lana; and under said corporate nam
1t shall have and enjoy succession
for a period Of ninety-nine (e9)
years, unless sooner dissolved as
hereinafter stated. All legal process
!shall be served on the president, or
in his absence at the Office Of the
corporation. according to law. "s:.
ARTICLE II.
The object and purposes of this
corporation are hereby declared to
be the business of mining fer gas,
Oil and other minerals. with the
right to do any and everything in
cidentai thereto,- including the es-
adjustment and building of ? pipe
lines for the purpose of transporta-
ton OF such products; and the pur-
chase and sale of such mineral pro-
ducts as may be obtained by its
mining operations; and the pur-
chase. lease and sale of lands and
personal property: and in general
the doing Of any and every act
necessary, incident, or consistent
with the general purpose of the
company to mine, market. transport
and sell natural gas and petroleum.
And the corporation shall have the
power and authority to qualify un-
der the laws of the State of Louis
lana as a common carrier Of such
products, as we'll as to establish
pipe lines for the purpose OF sup
plying cities and towns with natural
gas; and to obtain franchises from
such cities and towns for the use of
the streets and the public places for
such purposes.
ARTICLE III.
The capital stock of this corpora
ton is fixed at the sum of one hun
dred thousand (Si00,OO0.OO) dollars,
divided into one thousand shares of
the par value of one hundred $500
dollars per share. This corporation
is authorized to commence business
whenever ten thousand (siO,000.0O)
dollars Of its capital stock is sub.
scribed for and paid in cash. or its
No stock. shall be issued
until the same is fully paid for; but
stock may he issued in payment OF
real or personal, or for
services rendered to the corpora
ton as may be determined by the
stockholders.
ARTICLE ".
The corporate powers Of this cor
poration is hereby vested in board
Of directors consisting OF five stock
holders. three of whom shall con-
stitute~ q quorum for. the transac-
ton of business. The, said board
shall be- elected annually at the an
nual meeting of the stockholders Of
the, corporation, to be held on the
FIRST Monday in January Of each
year, beginning with the year 1914.
The officers Of the company shall be
a president, "a vice president and q
5 -crctary-treasurer, to be elected
by the directors. Until their success
sors are elected and qualified. the
first board of directors Of the corr
poration shall consist, of the follow
ing: H. L. tHeilperin, E. g. Palmer
Wheeler Shropshire, D.. w. Harren
and Alex Heilperin, with e. G. Pail
ner as president, H. L. Heilperin as
vice president, and Wheeler Shrop-
shire as NEUTRALITY-SUSPICIOUS.. The
said board shall have the power to /
select and appoint such other Of
flcers as they may desire, and tol
make and establish such bylaws
for the proper management and
of the affairs Of the corr
poration as may beeproper, which
ty-laws shall be binding upon the
stockholders as if written in this
charter.
ARTICLE Y. Il
Whenever this corporation is dis
solved by limitation or otherwise.
It's affairs shall be iiquidated by two
persons selected for the purpose at
a stockholders meeting duly held;
and said iiquiddtors shall perform
such services and give such secur-
tv as the stockholders may require.
ARTICLE VI.
At all meetings Of the stockhOld-
ers each share of stock shall be en-
IitIad IN one vote. to he cast in per-