The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1915-09-11
CHAR
GRANT OIL & GAS CO., INC.
STATE OF LOUISIANA }
Parish of Grant {
.oF THE

w. personally came and appeared tn
parties whose names are hereunto sinh
scriDed, who each declared to me. no
cary pubic, duly commissioned an,
qualifled, OF Grant parish, Louisiana
IN the presence of the undersigned wit
nesses, that awaiting themselves of the
constitution and the laws of the Stat,
OF Louisiana, and especially of Act
NO. 26I OF 1914, they do hereby organ.
re themselves, as well as such Others
as may hereafter become associated
| WIN them, into corporation under
Ine Following stipulations, conditions
and articles of Incorporation:
ARTICLE ONE.
Inc name OF this corporation shall be
Grant Oil & Gas Connarv. Inc.
ARTICLE TWO.
Inc domi nc "a IuIs CORPORATION shall
De Coifax, Gran, parish, Louisiana.
ARTICLE THREE.
Inc period of duration of this cor.
ooratlon shall be ninety nine wears. nm
ess sooner dissolved by its stock holders
Or by operation of the law.
ARTICLE FOUR.
Inc capital stock of this corporation
man be one hundred and twenty-6vs |
,nousand (Sl25. 000.00) dollars. cons,sf |
nng OF twelve thousand five hundred |
ihares OF par value of ten dollars nei
mare, and all stock shall be common
'tocK ana shall be paid for in cash O,
Is equivalent. Inasmuch as part nj
ne capital stock subscribed for is To h.
'aid Tor IN the transfer to this corpor
l.ion OF property, detailed list q.
ne same Is annexed hereto and mad.
part hereof, together with a STATE.
ient OF the reasonable valuation q,
ne same.
ARTICLE FIVE.
Inc OBJECT AMI purposes for wbic
us corpVratlon Is organized are II
Npioring, mining. and boring for OF
as, salt, sulphur or other minerals n
ny kind, nature or description: to ex
lore produce and sell the same: to ae- ,
lire by purchase, lease, donation ~,
-herwise, lands, mineral rights i,
nus, and the same TO exploit and de ,
eiop, TO utilize and sell and to do an,
er1orm all other things necessary AM
oper IN the engaging and performin,
e business Of OIL, gas, and miner. !,
velopment for profit, in the State q !,
'ulsiana and sewhere.
- ARTICLE SIX. a
The affairs of this corporation shat 3
under the direction and control of Is
ara OF directors, composed of min,
'mbers, who shall be stockholders II :
corporation. The following boar
directors have been selected Co sorry,
the flrst year. or until their success. Il
$ are elected and qualified: IA
Emil Regard, Mansura. La.
hos. A. Roy, Mansura. La. g
!. w. Duncan, Colfax, La. Is
!: II. Teal, Colfax. La. N
" A. Brownlee, Colfax. La.
!. H. McNeely. Colfax, La.
;. T. Richardson, Shreveport. La
Schenberger, Houston. Texas
D. Schenberger, Shreveport, La
majority of the directors shall 90,
ute quorum for the transaction O,
ana all business; vacancies in tn,
I'd caused by anything other tina
expiration of the term shall be fin
" the remaining directors.
ARTICLE SEVEN.
ie ofncers OF this corporation shat
president. vice-president. a sec
~ and treasurer. The Office q
stary and treasurer may be file,
ne same person.
e following officers have been go.
q TO serve the first year or unti
successors have been elected an,
ned: w. A. Brownlee. President.
:. duncan, Vice President: T n
eeiy, Secretary and Treasurer. ~
ARTICLE EIGHT. r.
the bowers of fbic oo-o4. 80
ereby invested in its board of III.
rs. M
ARTICLE NINE. M
corporation shall have succes eS
y us corporate name for its sal, RE
OF duration; shall sue and b, M
y It's corporate name in any cour No.
npetent Jurisdiction; shall max, E@
sc d common seal and alter tn, ES1S.
at pleasure; shall have power I E~SMs
e property by grant, gift, pur- ES@:
.oeVise, or oequest, and to lease EM#
Ilspose OF. mortgage and pledge
lhe, ana exercise all other pro -
~ rights IN and to the same. sub-
ny 10 such limitations as NAV no
lped by law. This Corporation
ave power to appoint such off,
10 agents as the business of the
ation may require, and to fx
o9mpensatlon, TO make bylaws ~
up itself and dissolve itself ac'
TO law, to conduct its business
state of Louisiana and all other
and Territories of the United
and to hold stock in other cor.
MS as permitted by law.
ARTICLE TEN.
meeting for the
OF directors shall be held an
N the first Wednesday in An
each year beginning in the wear
the form and manner nre-
py Sections 10 and IL of Act
of 1914. VI ACT
ARTICLE ELEVEN.
ocknoider of this corporation
neid liable or responsible for
racts OF. faults of this CORPORA.
ny further sum than an amount
the unpaid balance. if anv ON
Tor which he has subscribed.