The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1914-06-06
CHARTER
JENA OIL COMPANY, Ltd.
STATE OF LOUISIANA
III n. "a ss.t

STATE OF LOUISIANA
Parish OF Grant
BE IL known and remembered that on this the
nfth day OF May. A. d. 1914, before me, Charles ID.
LaCroix. by. Clerk Dist. Court and Ex-officio No
tary Public. duly commissioned and qualified in
and for the parish Of Grant and State OF Lonisi-
ana. personally tame and appeared Chas. II.
Teal Jac Bloch. W. ID. Lurry. }. W. Duncan. II.
V. Sheriff., A. Trammell. Jas. J. O'Quinn. A
wettermark. T. A. Sims. william Hudgins. X. +.
Mex night and +. W. Offrnhauser. who declared
to me Notary. and In the presence OF the two
subscribing witnesses hereto. awaiting them
selves of the laws Of the State OF Louisiana rela
tive to interpretations. they have eovenanted
and agreed. and by these presents do covenant
and agree to form and constitute themselves. AZ
well as such other persons may hereafter be-
come associated with them into a corporation
for the objects aud purposes and under the slip
ulations aud agreements hereinafter set forth
and expressed:
ARTICLE /.
The name and title of this corporation shall
be JENA OIL COMPANY. LIMITED.
Its domicile shall be and is hereby fixed In the
town OF colfax. Grant parish. Louisiana. and Il
shall have and enjoy succession under its eorpor
ate name for period OF ninety years from date
hereof.
Citation and other legal process against this
corporation shall be made as provided by Law
for citing resident corporations In Louisiana.
ARTICLE ii.
The object for which this corporationis formed.
any or all of which may be- undertaken. are:
III To buy and otherwise acquire lands. and
OIL gas. sulphur. coal and other mineral Leases.
to sell, lease mortgage. hypothecate or other
wise deal In lands. OIL gas. sulphur. coal and
other mineral leases. or personal property and
| property OF any kind. character and description
that may be necessary. convenient or useful In
developing producing. gathering saving. han
ding using. refining. transporting and dispos-
Ing OF petroleum and natural gas sulphur. coal
aud other mineral deposits Of every character
and description. aud to carry and conduct
any and all surh operations. 1t shall also have
the right to buy and sell petroleum. oil. gas. sui
phur or any other minerals or mineral products
whatsoever.
t2) To purchase. own or otherwise acquire
| and to hold aud nse and at will to sell and assign
and otherwise dispose OF any and all such lcins.
grants. rights OF way and other privileges grant
ed or to be granted by individuals. municipal
| ties or otherwise.
ARTICLE III.
The capital stock of this company shall he
Two Hundred Thousand ($eo0. oo0.oo) Dollars
consisting OF Two Thousand Shares of the par
value of One Hundred t$io0.0O) Dollars each.
and IA soon as Three Thousand t$aooo. O0) Dol
lars shall have been subscribed for it Is author
lied tn begin business.
The board of directors shall have full authority
to sell frc m time to time. stock Of the company.
as the said board thinks the business OF the
company requires.
No stock OF this corporation shall be Issue d
until the same shall have been fully paid for. Il,
may be paid for in money. lease rights land or
other property. or in services rendered. and the
value placed any services. leases. or any 9TH
er property by the board Of directors Of this cor
porati.n shall be conclusive upon all parties
who may at any time be affected thereby.
ARTICLE Nv.
The corporate ,wers Of this corporation shall
be vested in a board of directors to be composed
of nine stockholders Of this company. who shall
be- elected the first Tuesday Of May. A. ID.
1915. and annually thereafter; said directors to
be elected by the stockholders at their annual
meeting or a meeting called for that purpose.
and at all such meetings each share of stock
owned by each stakeholder shall be entitled tn
one vote. either In person or by written proxy
and majority Of the stock thus present. wheth-
err represented in person or by written proxy.
shall control
Notice OF all meetings Of stockholders and OF
all elections shall be advertised ten uo) days
prior thereto in some newspaper published In
the parish OF Grant. Louisiana.
The first board OF directors of this corpora ton
is declared to be T. A. Sims. +. W. Onenhauser
A. wetterInark. II. v. Sheriff.. Jas. J. O'Qunn
Chas. II. Teal. Jae Bloch. W. d. Lurry. r. 4. Nc.
Knight, who shall serve until their successors
are elected.
Tine officers Of this corporation Is declared ia
be a President. Vice President, Secretary. and
Treasurer. and the first officers Of the said cor
poration shall he: c. II. Teal. President; T. A.
Sims. Vice President and General Manager
James j., o'Quinn. Secretary; and J. W. Duncan
Treasurer.
A majority OF the directors shall constitute a
quorum for the transaction Of any and all bust
ness; vacancies In the board caused by any thing
other than the expiration OF the term shall b.
filed by the remaining directors
ARTICLE v.
This charter may be altered amended OF
changed this corporation Dissolved by q
three-fourths vote OF It's stockholders at meet
ing called for that purpose.
should this corporation be dissolved by a vots
of stockholders it's affairs shall be iqusdated In
any manner directed by the board Of directors.
ARTICLE vi.
Shares Of stock can only be transferred on tbs
books OF the company. and to none other than q
stockholder. unless notice Of sneh transfer b.
given to the stockholders. In writing fifteen day,
prior thereto. Posting Of notice of such inten
toni the Office Of the company fifteen days priol
thereto shall constitute such notice. The holder
of stock as shown by the books Of this company
shall have the right to receive dividends ON sucl
stock. and so vote 1t at all stockholders meet
ings.
ARTICLE VII.
| No stoekhol of this CONTAMINATION shall hl