The Caucasian. (Shreveport, La.) 1900-192?, 1913-09-11
CHARTER
OF The Clear Lake Oil Company


me- +. c. Fisher, notary public in
and for the above Parish and State,
duly commissioned and qualified
came and appeared the several per-
sons whose names are hereuntn
subscribed, and who declared to me,
notary, III the presence Of attestin1
Witnesses, that availing themselves
Of the provisions of the laws of the
State Of Louisiana relative to the
organization Of corporations, they
have agreed and covenanted and dc
by these presents covenant and
agree to form and organize them
selves into corporation and body
polite for the purposes and under
the conditions and for the consid-
GRAFTON hereinafter set forth.
ARTICLE I.
The name and style of this cor
pOratiOn shall be The Clear Lake
Oil Company, and under its name
shall have power and authority to
contract, sue and be sued; to make
and use corporate seal and the
same to alter or break at pleasure;
TO hold, receive, have, purchase,
ALLEVIATE, convey, sell, pledge, mort
gage, hypothecate or lease property,
real and personal; to name and ap-
point such officers, directors, agents
and employees as the interests and
conveniences Of the said corpora
tion may require; to make and es-
tablish bylaws, rules and regula-
tons for the proper management OF
its affairs as may be deemed requis-
tie or necessary to properly carry
out the objects and purposes Of this
corporation.
ARTICLE II.
The domicile of this corporation
is hereby declared to be in the City
Of Shreveport, La, above Parish
and State, where all legal process
shall be served This corporation,
unless sooner dissolved as herein
after provided, shall exist for Pc
Rod Of fifty years from and after
the date hereof.
ARTICLE III.
The objects and purposes Tor
which this corporation is organized
are hereby declared to be to buy
and sell, pledge, mortgage and by
pothecate and lease and otherwise
dispose Of or cucumber property,
real, personal and mixed; to lease
lands for itself or for and as the
agent of others, and to drill, mine
or bore on same for the develop
ment of minerals therein and there
under; to erect, construct and ope-
rate power plants, pipe lines for the
transportation Of oil, gas and water
upon lands Of this corporation and
upon lands of others; to build, con-
struct and operate reflnerles; and
TO do any other act and thing
requisite or incidental to the carry
ing out Of the purposes for which
this corporation is organized.
ARTICLE Nv.
The capital stock Of this corpora
ton shall be one hundred thousand
CslOO. 100000 dollars divided into one
Thousand shares Of one hundred
dollars each, which stock shall be
paid for in cash. property or ser
vices actually received or rendered
the corporation; and this corpora
ton is authorized to commence bus
mess whenever three thousand dol
lars of its capital stock IS sub
scribed; and no stock shall be IS
sued and delivered until the SAID
consideration therefor has been re-
ceived: no transfer of stock shall
have any effect upon the corpora
ton unless made upon its books.
and then only upon proper surren-
der Of the certificate therefor.
ARTICLE V.
The corporate powers Of this cor
DOration shall be vested in and ex-
ercised by a board Of five directors
elected by the stockholders. Inc
following persons shall constitute
the first board Of directors: D. G.
Richardson, resident of Caddo Par
ish, La: D. C. Richardson Jr., resi-
dent Of Caddo Parish, La; C:~ l..
Wheeler, resident Of Caddo Parish,
La: Sam NJ. Richardson, resident OF
Caddo Parish, La; and E. c. Abei-
nethy. OF the board Of directors
and Of this corporation D. c. Rich
ardson shall be president; .. z
Richardson Jr., vice president, anc
c. L. Wheeler secretAry-treasurer
The officers and board OF directors
shall hold office for one year from
date hereof or until their successors
are duly elected and qualified. Iht
board of directors shall be elected
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