The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1915-09-25
CHARTER
GRANT OIL & GAS CO., nc.
STATE OF LOUISIANA }
Parrish IF G~as :
or THE

y, PERSONALLY came ana appeared the
parties whose names are hereunto sub
scrlbed, who each declared to me, no
tary public, duly commissioned anc
quailhed, OF Grant parish, Louisiana,
IN the presence of the Undersigned wit.
nesses, that availing themselves of the
constitution and the laws of the State
OF Louisiana. and especially of Act
NO. 267 of 1914, they do hereby organ
ize themselves, as well as such others
as may hereafter become associated
with them, into corporation under
the following stipulations, conditions
and articles OF Incorporation:
ARTICLE ONE.
The name of this corporation shall be
Grant Oil q Gas Company, Inc.
ARTICLE TWO.
The domicile of this corporation shall
be Colfax, Grant parish, Louisiana.
ARTICLE THREE.
The period OF duration of this cor.
poration shall be ninety nine years, I'M
less sooner dissolved by its stockholders
or by operation of the law.
ARTICLE FOUR.
The capital stock of this corporation
shall be one hundred and twenty-five
Thousand ($l25, 900. 00) dollars, consist
ing of twelve thousand five hundred
shares of par value of ten dollars per
share, and all stock shall be common
stock and shall be paid for in cash or
its equivalent. Inasmuch IS a part of
the capital stock subscribed for is to be
paid for in the transfer to this corpor
alton OF property, a detailed list of
the same is annexed hereto and made
a part hereof, together with state
ment of the reasonable valuation OF |
the same.
ARTICLE FIVE.
The object and purposes for which
this corporation is organized are the
exploring, mining. and boring for oil, |
gas, salt, sulphur or other minerals of |
any kind, nature or description; to ex-
plore produce and sell the same: to ac-
quire by purchase, lease, donation. or
otherwise, lands, mineral rights in
lands, and the same to exploit and de-
velop, to utilize and sell and to do and
perform all other things necessary and
proper IN the engaging and performing
the business of oil, gas. and mineral
development for profit, in the State of
Louisiana and sewhere.
ARTICLE SIX. J.
The affairs of this CORPORATION shall
De under the direction and control of a
BOARD OF directors, composed of nine
MEMBERS who shall be stockholders in
he corporation. The following board
u directors have been selected to serve
or the hrst year. or until their success {
ors are elected and qualified: q
Emil Regard, Mansura, La.
Thos. A. Roy, Mansura, La. +
j. W. Duncan, Colfax, La. q
c. H. Teal, Colfax. La. {
w. A. Brownlee, Colfax, La. a
i. II. McNeely. Colfax, La, 5
u. Z. Richardson, Shreveport, La.
b +. Schenberger, Houston, Texas. |
Z. 5. Schenberger, Shreveport, La. e
A majority of the directors shall con- o
titute quorum for the transaction of p
ny and all business; vacancies in the
oard caused by anything other than
he expiration of the term shall be fill o
by the remaining directors.
ARTICLE SEVEN.
The officers of this corporation shall s
2 president, vice-president. q sec
.tary and treasurer. The office of
'cretary and treasurer may be filled q
Y the same person Ia
The following officers have been Sc fl
cted to serve the first year or until II
lelr successors have been elected and Il
lallfied: w. A. Brownlee, President: pl
w. Duncan, Vice-P President; Il. H.
cNeely, Secretary and Treasurer. lol
ARTICLE EIGHT.
All the powers of this corporation
e hereby invested in its board of di-
ctors. IS
ARTICLE NINE.
This corporation shall have success
On by its corporate name for its said fc
riod of duration; shall sue and be OF
ed by its corporate name in any court O
competent jurisdiction; shall make Ill
ID use common seal and alter the 81
me at pleasure; shall have power to b
quire property by grant, gift, pur- ds
ase, devise, or bequest, and to lease,
Id. dispose of. mortgage and pledge m
e same, and exercise ali other pro- Ii
letary rights in and to the same, sub
It only to such limitations as NAV be ID.
escribed by law. This corporation
oil have power to appoint such Off Il
RS and agents as the business of the =
rporation may require, and to fix
cir compensation, to make bylaws.
wind up itself and dissolve itself ac- 90
riding to law. to conduct its business