The Caucasian. (Shreveport, La.) 1900-192?, 1913-02-09

CHARTER
OF the Gas Supply COMPANY.

puDilt' odlilc anu appeared the par
ties whose names are heretunto sub
scribed, who declared that availins
themselves of the provisions of the
laws of this State relative to corpor-
ations, they have formed a corpora
ton under the name and style, and
with the powers and privileges here
5qafter stipulated, to-wit:
ARTICLE |.
The name of this corporation
shall be Gas Supply Company"
with its domicile in the City of
Shreveport, Caddo Parish, La, and
under said corporate name it shall
have and enjoy succession for a pc
Rod of ninety-nine 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 to engage in the drilling, mining
and exploring for gas, with the right
tt do any and everything incidental
thereto, including the establishment
and building of pipe lines for the
purpose of transportation of such
product, and the purchase and sale
of such mineral products as may be
obtained by its mining operations,
and the purchase, Lease and sale of
lands and personal property, and in
general the doing of any and every
act necessary, incident to or consist
emf with the general purpose Of the
company to mine, market, transport
and sell natural gas, giving the cor
poration the right to qualify under
the laws of the State as common
carrier of such product.
ARTICLE III.
The capital stock of this corpora
ton is fixed at the sum of one hun
dred thousand (si00,000.00) dollars,
divided into one thousand shares OF
the par value of one hundred dollars
per share. This corporation is au-
thorized to begin business whenever
ten thousand (siO,OOOOO) dollars of
its capital stock is subscribed 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 prop
erty, real OF personal, or for services
rendered to the corporation, as may
be determined by the directors.
ARTICLE ~.
The corporate powers OF this cor
poration is hereby vested in a board
of directors consisting OF three o.
stockholders, the majority Of whom
shall constitute a quorum for the
Transaction of business. The said
board shall be elected annually at
the annual meeting of the stock
holders of the corporation to be held
on the first Monday in January OF
each year, beginning with the year
1914. In the event of the death or
resignation of director his sue
cessor shall be elected by the re-
naming directors, who shall serve
as director until the succeeding
stockholders meeting held for the
purpose of electing directors. Until
their successors are elected and gual
fled the first board of directors
shall consist of the following: d. l..
Heilperin, Wheeler Shropshire and
M. Bluestein, with H. L. Heilperin as
president, and Wheeler Shropshire
as secretary and treasurer. Inc
board of directors shall have the
right to elect from the membership
of the board vice president, and
the board of directors shall also
have the right to elect a general
manager, with full power and au-
thority to execute all contracts 1or
and on behalf of the corporations
and the office of general manager
may be combined with any other Of
flee and held by one director; and
the said board shall have the power
to appoint such other officers as
they may desire and to make and es-
tablish such bylaws and regulations
for the proper management OF the
affairs of the corporation as may be
proper, and all rules and bylaws
adopted by the board OF directors
shall be as binding upon the. stock
holders as if incorporated in this
charter.
ARTICLE v.
Whenever this corporation is dis
solved by limitation or otherwise, its
affairs shall be liquidated by two
persons selected for the purpose at
lrrIv a