The Caucasian., 1913-05-11
CHARTER
OF The Chester Oil Company.

10Th day Of April 1919, before me,
s. o. Williams, deputy clerk and ex-
O;cio deputy recorder and notary
public, duly commissioned and
sworn in and for the Parish OF Cad
do, State of Louisiana, personally
came and appeared C. d. Reeves,
N. w. Mcclure and w. A. Kerley,
who declared that availing them
selves of the provisions Of the laws
of this State relative to corporations
they have coyenanted and agreed,
and by these presents covenant and
agree, and bind themselves, as well
as other persons as may hereafter
become associated with them, to
form and constitute a corporation
and body polite in law, for the OBJ
jects and purposes and under the
stipulations and conditions follow
ing:
ARTICLE |.
The name and title of said cor
poration shall be The Chester Oil
Company, and its domicile is hereby
fixed and established at Shreveport,
Caddo Parish, La, and under its said
corporate name said corporation
shall have power and authority to
contract, sue and be sued; to make
and use a corporate seal and the
same to break or alter at pleasure;
to hold, receive, have, purchase, i'm
prove, ALLEVIATE, convey, borrow,
pledge, mortgage and hypothecate
under its said corporate name,
property, real, personal and mixed:
and to do all things and acts per-
mitted by law and necessary and
proper to carry out the objects and
purposes of said corporation. The
president, or in his absence the vice
president, shall be the proper per-
son upon whom citation or other
legal process shall be served. This
corporation, unless sooner dissolved
in accordance with its charter, shall
exist and endure for a period Of
ninety-nine years from and after
the date hereof.
@ ARTICLE III.
The objects and purposes for
which this corporation is organized
and the nature of the business to be
carried on by it are hereby declared
TO be to purchase or lease lands for
the purpose of developing same for
oil or gas or other minerals, and to
engage in the business of producing
oil, gas and other minerals; to ac-
quire and construct and operate gas
plants and pipe lines for conveying
oil and gas, and generally to do such
acts and things as are necessary or
incident to the producing of oil and
gas and of disposing of same whe-
ther the individuals or corporations
be private or public.
ARTICLE III.
The capital stock of this corpora
tion shall be fifty thousand dollars,
divided into and represented by fifty
thousand shares Of the sum of one
dollar each, which said stock shall |
be paid for at the time of subscrip-
ti0n or the same may be issued at
not less than par in exchange for
or rights actually received
or purchased by the corporation, or
the same may be issued full paid,
for money advanced or other valu-
able consideration as the board of
directors may determine. This cor
poration shall commence business
as soon as three thousand dollars of
the capital stock shall have been
for.
ARTICLE w.
The corporate powers of this
company shall be vested in and ex-
srcised by board of three directors
who shall be for the present c. d.
N. w. Mcclure and w. A,
Kerley, Of which board C. d. Reeves
shall be president, N. w. Mcclure
gice president and w. A. Kerley sec
'etary and treasurer, who shall hold {
heir Offices until the next regular
Of the stockholders for the !
election Of board Of directors, !
which shall be held on the 10th day {
" April A. D. 1914, on which date
md annually thereafter such stock |
1olders meeting shall be held, and
4 which meetings notice shall be
,iven by public advertisement in 7
me Of the papers published in the 7
'arish Of Caddo, and by written t
notice directed to the last known |
,lace Of residence of each of the Q
t0ckholders, provided that such a
lotice may be waived by the con- tE
ent of the stockholders. lie
ARTICLE ".
The board of directors shallshave