The Caldwell watchman. (Columbia, La.) 1885-1946, 1914-07-03

u,I,,,,n rn,,ps are hereuntO Supsct'oeu'
and ,,nI i, {. ,rtd that, availing tnem-
s ..''>. Of the Constitution ana Laws
~ ~ 49,, Stat. of Louisiana reiat'Ve ~
tho ORGANIZATION of corporations tney
b.,.. ~, do b; these presents FORM
10. !' ..& $3.50, -. ;nfn a corporation under
w.. IT,. an, conditions and suo]ect ~
w.. ,,,,lons hereinafter. SET 10rtn,
a., 49, y. , declared that they 90 mere
a. t1.' ,,'.', constitute and make tn's
tnei! GARTER. r1
IT,. ~, ne OF tins corpo H Ea",.nv
shaii ", hr Caldwell On company,
limited. 80 arder its sa'd cCtR"ts cf
nam, il stall exist Tor Pet'ou a;..
n;nrtv-.. years, unless sooner w. 4ne
solvcG ,..!t,uant to the laws Vi tne
State q Louisiana. and in the ms''''e'
hereinafter set forth.
~ ' ARTICLE IL. .n
The ,,,,iciIe or this corporation snaa
ho arl !, !. hereby declared to oe ~
10 |I tnr,, 81 Columbia. in the Par'sh OF
C.ldwr}l and State Of Louisiana
vow ARTICLE Ill.
Tho h,.;urss of and tt e objects ana
n,,rnos.s ,nr which this corporat'on -
pul D ";1'7; ;s berebv declared to bore,
die and ,.x,,lore the earth tor OIL gasoc
ond n4h,r minerals and to construct
own a1,I ou.rate all such transports
ron Inns AS it may deem necessary 1oI
the TRANSFORMATION of its products 70
ma,,; IT: and to acquire by lease, pur-
chase or any other lawIui "e"''o e;y
and all lands upon when IL uee"e -
hopetui and advisable to Dore' org a,'u
EXPLORE the earth for any or al Oh '''e
minerals hereinabove deslgnateo'
~ ARTICLE w. =.
The capital stock OF this Corporate"
il hereby fixed at the sum OF one nGn-
dred and fifty thousand dollars, to De
divided into one hundred and n1ty
thousand shares of par value Of one
dollar uer share, and shall be PAID Tor
bv and through the purchase Or lease
from land owners, for and in the name
of the corporation, oil and gas ana ON
er mineral rights in and upon sad lanos,
the value of each right thus seeureo 70
he fixed by the board of directors mere
matter provided for; or the salo snare
of stock may be paid for in cash II tae
snhscr;ber TO such stock shall % elect;
or the said stock may be paid tor Dy
the subscriber in such properly, ~.
or personal which the subscnper- my
elect to convey to the corPcretson ~
such price as the board OF directors
hereinafter provided for may nix; OF
the sad shares of stock may be paad
for bv the subscriber in such work or
labor as the subscriber may do or per.
form Tor the said corporation, ct such
price per day, week, month or year -
NAV be agreed upon between him: ana
the board of directors hereinafter pro-
vided for, and each certificate OF stock
shall be in such form as the board OF
directors hereinafter provided for may
ART1CLEV.
This CORPORATION shall be and it II
hereby vested with all the power.
granted to corporations of this kind
under the laws of the State OF Louis
lana; and in it's corporate name it II
authorized to sue and be sued.
ARTICLE vi. =
The affairs Of this corporation shall
be managed and controlled by boart
Of five directors, and the first boart
shall be composed of C. A. Kerr. +
Il. Redditt. T.. C. Schweger, $. r
Walker and A. J. Hasbrouck; and o.
which board, C. A. Kerr shall be pres
ident, L. r. Redditt, viee-president
and +. 6. Schwege-, secretary-treas
urer. All legal process shall be mad
on the president, and, in his absence
on the vice-president, and in case o
his absence on the secretary, ut tn
domicie OF the corporation; and sai
officers shall be and they are hereb,
vested with such powers % the boar
of directors may confer upon them. IN
the present board of directors and Of
fcers hereinafter designated shall hol
office, and exercise all the function
thereof until their successors shall b
elected, provided that the first electio
Of board of directors and officers uE
der this charter shall be held ct I'll
domicile of this corporation on the se<
ond Monday in March, 1915, and on e,
cry recurring annual anniversary q
Of said date, an election Of . board q
\ directors and officers shall behed;
which election each share Of stoc
present, or represented by write
proxy, shall he entitled to one vote, b.
failure to hold such election or
elect a new board of directors and o.
ficers at the time indicated herein Sha
not have the effect of rendering vol
any act or thing done by board Of d
nectors and officers elected ct the 10,
preceding election, but said directo,
and officers shall continue TO exercil
their functions until their successo,
are elected and qualified. The seer