The Caucasian. (Shreveport, La.) 1900-192?, 1913-06-15

City OF Shreveport, Caddo PARISH
Louisiana, and citation and other
legal process shall there be served
on the President, or in the event
of his absence, on the vice presl-
ident, and in his absence at the
domicile of the Company, as pro-
Iided by law.
ARTICLE III.
The object and purpose for which
this corporation is organized Is
hereby declared to be to carry on
a general oil business: to buy, sell
and lease real estate; to buy and sell
oil, gas and other minerals; to drill,
mine and explore land in the
State Of Louisiana, or elsewhere
to lay pipe lines. build load
ing racks, and in general to do any
and all things necessary and Incl
dental to the carrying out OF the
objects above set forth.
ARTICLE ".
The capital stock of this COM
pany is hereby fixed at ten thOus-
and s 10000 o dollars, divided into
100 shares Of $4,000 each, and this
corporation rlay commence bust
ness when Thirty-five Hundred
ls350O.00) Dollars shall have been
subscribed and paid for in cash or
its equivalent in the discretion of
the Board of Directors. All trans
fer of stock, to be valid, shall be
made on the books of the company
in person or by attorney.
ARTICLE V.
Corporate powers of this cOrp0r-
alton are declared to be vested in a
Board of Directors consisting of not
less sthan three, nor more than five
stockholders. Said Board to be Sc
lected annually on the first Monday
in June, beginning June 1, 1913.
Each share of stock shall be emit
tied to one vote, to be east in per-
son or by proxy at all elections and
at all meetings of stockholders, a
majority of votes cast shall elect.
All proxies must be properly signed
by the holder Of said stock. Twenty
days previous notice shall be given
of special elections and special
meetings of the stockholders by
y-riifop nntion p,oiIaJ 70 aonb ctnnl-
holder at his usual post office adj
dress. The Board of Directors shall
elect annually at its regular meet
ing the officers of the corporation,
to-Wit: A president, vice president
and secretary and treasurer, who
shall hold office until their success
sors are elected and qualified. The
first Board of Directors of the cor
poration who shall hold office until
their successors shall have been
elected in 1913 and qualified, is
hereby declared to be c. w. Clay
pool, president, Mrs. C. L. Crutcher
vice president, S. E. Miller secre-
tary and Mrs. Ida E. Rodgers, treas
urer. They shall hold office until
their successors shall have been
elected in 1913. Any vacancies in
the Board of Directors shall be fill
ed by the remaining directors.
ARTICLE vi.
This act of incorporation may be
altered, modified or changed or the
corporation may be dissolved by
vote of two-thirds of the entire
stock, at meeting Of the corpor-
alton called for that purpose after
thirty days previous notice of said
meeting shall have been given by
written notice to each stakeholder
by registered mail
ARTICLE VII.
Whenever this corporation shall
be dissolved by limitation or other
wise, its affairs shall be liquidated
by two liquidators selected by the
stockholders for the purpose at
special meeting. In the case of de-
cease of one of the liquidators, the
other shall act alone.
ARTICLE VIII.
No stakeholder shall ever be
held liable or responsible for
the contracts or faults of the
corporation in any further sum
than the unpaid balance due on his
capital stock subscribed for by him,
nor shall any informally in the or
ganization have the effect of rem
dering this charter null or of ex-
posing any stakeholder to any liza
bility beyond the amount of his
capital stock.
Thus done and passed in the
presence of the attesting witnesses,
on this the 9th day of May, 1913.
C. w. CLAYPOOL,
President.
MRS. C. L. CRUTCHER,
Vice President.