The Caucasian. (Shreveport, La.) 1900-192?, 1913-01-12
CHARTER
OF the Oil Field Gas Company

dav. before me. J. A. Thigpen, no
tary public, came and appeared the
parties whose names are hereunto
subscribed, who declared that avail
ing themselves Of the provisions OF
the laws of this State relative TO
corporations, they have formed a
CORPORATION under the name anu
style, and with the powers and priv
ileges hereinafter stipulated, to-Wlt:
ARTICLE |.
The name of this corporation
shall be "Oil Field Gas Company"
with its domiciIe in the City OF
Shreveport Caddo Parish, LOUIS
lana: and under said corporate nam
il shall have and enjoy succession
for a period of nlnety-nlne l99]
wears, 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.
ARTICLECII.
The object AID purposes OF this
corporation are hereby declared TO
be the business of mining for gas,
oil and other minerals, with the
right to do. any and everything IN
CidentaI thereto, including the es-
tablishment and building of pipe
lines for the purpose OF transporta-
ton of such products; and the pur-
chase and sale of such mineral pro-
duets as may be obtained by It's
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 I'M
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 (SiO0,000.00) dollars
divided into one thousand shares OF
the par value of one hundred (Sl00)
dollars per share. This corporation
is authorized to commence business
whenever ten thousand 100000,
dollars of its capital stock is sub
scribed for and paid in cash, or it:
equivalent No stock shall be ISSUED
until the same is fully paid for; bul
stock may be issued in payment O.
property, real or personal, or fol
services rendered to the corpora.
ton as may be determined by thu
stockholders.
ARTICLE Nv.
The corporate powers OF this cor
poration is hereby vested in a boart
Of>directors consisting of five stock
holders, three of whom shall con-
stitute quorum for the tranSac-
ton of business. The said bOarC
shall be elected annually at the an
nual meeting of the stockholders OF
the corporation, to be held on tn.
first Monday in January of ea"f
year, beginning with the year 1914
The officers of the company shall be
a president, vice president and {
s cretary-treasurer, to be elected
by the directors. Until their success
sors are elected and qualified, the
first board of directors Of the cor
poration shall consist of the follow
ing: H. l.. Heilperin, E. G. Palmer
Wheeler Shropshire, d. w. Harrel
and Alex Heilperin, with E. G. Pal
mer as president, H. L. Heilperin as
vice president, and Wheeler Shrop-
shire as secretary-tr The
Sdlu UOdIu Shall HdNc Iuo pOWCl u
select and appoint such other Of
ficers as they may desire, and tt
make. and establish such bylaw:
for the proper management anc
regulation of the affairs of the cor
poration as may be proper, which
bylaws shall be binding upon The
stockholders as if written in thi.
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 al
q stockholders meeting duly held
and said liquidators shall perform
such services and give such secur-
ity as the stockholders may require
ARTICLE vi.