The Caucasian. (Shreveport, La.) 1900-192?, 1913-06-12
CHARTER
OF the Woodrow Oil Company


i4th day of May, 1913, before me,
S. o. Williams, Deputy Clerk and
Ex-Officio Deputy Recorder and no
tary public, duly commissioned and
sworn in and for the Parish of Cad
do, State of Louisiana, personally
came and appeared C. D. Reeves,
w. A. Kerley and N. w. Mcclure,
who declared that availing them
selves of the provisions of the laws
of this State relative to corpora
tions they have covenanted and
agreed, and by these presnets COW
enant and agree, and bind them
selves, as we'll as other persons as
may hereafter become associated
with them, to form and constitute
a corporation and body polite in
law for the objects and purposes
and under the stipulations and con-
ditiOns following.
ARTICLE I.
The name and title Of said cor
poration shall be The Woodrow Oil
Company, and its domicile is hereby
fixed and established at Shreveport,
Caddo Parish, Louisiana, and under
its said corporate name said cor
poration shall have power and au-
thority to contract, sue and be sued,
to make and use corporate seal,
and the same to break or alter at
pleasure; to hold, receive, have,
purchase, improve, ALLEVIATE, convey,
borrow, pledge, mortgage and by
pothecate under its said corporate
name, property, real, personal and
mixed and to do all things and acts
permitted by law and necessary and
proper to carry on the objects and
of said corporation. The
president, OF in his absence, the
vice president, shall be the proper
person upon whom legal process
shall be served. This corporation,
unless sooner dissolved in acord-
ance with its charter, shall exist
and endure for a period of ninety
nine years from and after the date
hereof.
ARTICLE II.
The objects and purposes for
which this corporation is organized
and the nature of the business to
be carried on by it are hereby de-
clared to be to lease or purchase
lands for the purpose of developing
same for oil or gas or other miner
ais, and to engage in the business
Of producing Oil or gas and other
to acquire 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
Oil and gas and Of dis
posing of same whether the indi-
viduals or corporations be private
or public.
ARTICLE III.
The capital stock of this cOrpOr-
alton shall be Fifty Thousand Dol
lars 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 subscription or the same may be
issued at not less than par in ex-
change for property or rights &C
tually received or purchased by the
or the same may be is
sued full paid, for money advanced
or other valuable consideration as
the Board of Directors may determ-
inc. This corporation shall COM
mence business as soon as three
thousand dollars of the capital
stock shall have been subscribed
for.
ARTICLE Nv.
The corporate powers OF this
shall be vested in and ex-
ercised by board of three direc-
tors who shall for the present be
C. d. Reeves, N. w. Mcclure and
w. A. Kerley, of which board C..
D. Reeves shall be president. N. W..
Mcclure vice president and w. A..
Kerley secretary and treasurer, who
shall hold their offices until the
next regular meeting of the stock
holders for the selection Of the
board of directors, which shall be
held not later than the 18th of May
1914 and annually thereafter. Stock
holders meetings shall be held Of
which meetings notice shall be Civ
en- by public advertisement in one
of the papers published in the Par
ish of Caddo, or by written notice
directed to the last known place of
residence of each Of the stockhold-
ers, provided that such notice may
be waived by the consent of the
stockholders.