The Caucasian. (Shreveport, La.) 1900-192?, 1913-01-02
CHARTER
Or the s-B.H OH Company.

State of Louisiana, Parish of Cad.
do: Be it remembered that on thi:
day. before me, J.. A. Thigpen, no.
tary public. came and appeared the
parties whose names are hereuntc
subscribed. who declared that avail.
ing themselves of the provisions Of
the laws of this State relative tC
corporations. they have formed q
corporation under the name and
style, and with the powers and priv
ileges hereinafter stipulated. to-
wit:
ARTICLE |.
The name Of this corporation
shall be "S-B-H OIL Company" with
its domicile in the City Of Shreve-
port, Caddo Parish, La, and under
said corporate name it shall have
and enjoy succession for a period
of ninety-nine (99} 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 corpora
ton, according to law.
ARTICLE II.
The object and purposes Of this
corporation are hereby declared to
be the business of buying and SELL
ing Oil. with the right to do any and
everything incidental thereto. in
Guiding the establishment and
building of pipe lines for the pur-
pose Of The transportation of such
product; and the business of min
ing for oil and other minerals: and
the purchase and sale of such min
eral products 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 everything
necessary, incident, or consistent
with the purpose OF mining, pur-
chasing, marketing, Transporting
md selling petroleum oil and other
giving the corporation the
right to qualify under the laws OF
the State as common carrier OF
such products.
ARTICLE Ill.
The capital stock of this corpor-
alton is fixed at the sum of fifty
thousand ts50,00OOO) dollars, di-
vided into five hundred shares of
he par value of one hundred $500
dollars per share, This corporation |
S authorized TO commence business
whenever ten thousand (si0,OOO.0Ol
dollars of its capital stock is SUBJ |
,cribed for and paid in cash, or its |
equivalent No 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 corpora
ion as may be determined by the |
directors. /
ARTICLE ". |
The corporate powers Of this cor
3oration is hereby vested in a board |
If directors consisting of three
stockholders, the majority of whom
shall constitute q quorum for the |
of business. The SAID |
board shall be, elected annually at |
he annual meeting OF the stock
holders OF the corporation to be
held on the first Monday in January
,f each year. beginning with the
,ear 1914. The officers of the COM
oany shall be president, vice
PRESIDENT and secretary-treasurer.
o be elected by the directors. Until
heir successors are elected and
qualified, the first board of direc+
ors of the corporation shall con-
list of the following: D. p. Batch
,lor, S. P. Schenberger and s. s.
with d. p Bachelor as
president, 8. S. Hunter as vice pres
dent, and S. P. Schenberger as Sec
'etary-treasurer. Said board shall
lave power to select and appoint |
such other officers as they may de-
ire, and to make and establish such
BYLAWS for the proper management
md regulation of the affairs of the
as may be proper
which bylaws shall be binding on
he stockholders as if written in
his charter.
ARTICLE Y.
Whenever this corporation is dis
solved by limitation or. otherwise,
IS affairs shall be hquidated by two
persons selected for the purpose al
/ stockholders meeting duly held;
ind said liquidators shall perform |
such services and give such secur-
ty as the stockholders may require.
ARTICLE vi.
At all meetings of the stockhOld- |
,rs each share Of stock shall be en-,
titled to one vote, to be cast in per-
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