The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1915-07-17
CHARTER
NANTACm OIL & GAS CO., INC.
STATE OF LOUISIANA
Parish OF Grant


ally came and appeared the parties whose names
are hereuuto subscribed. who each declared to
me. notary public. duly commissioned and quail
fled Of Grant parish. La. In the presence of the
undersigned witnesses. that availing themselves
OF the constitution and the laws Of the state Of
Louisiana and especially Of Act No. go of the
General Assembly Of Louisisna for the year o
1914 they do hereby organize themselves. as well
as such Others may hereafter become associ
ated with them. into corporation under the
foowing stipuations. conditions. and articles
Of Incorporation.
ARTICLE ONE
The name of the Incorporation shall be MAN.
TACHI OIL & GAS COMPANY. INC.
ARTICLE TWO.
The domicile Of the corporation shall be Colfax
Grant parish. La. and the period of duration of
this corporation shall be ni..ety-nine years un-
less sooner dissolved by its stockholders or by
operation OF the law.
ARTICLE THREE
The capital stock OF this Corpora tion shall be
fifty thousand dollars and shall consist OF two
thousand shares of a par value Of twenty-five
dollars per share, which said capital stock ma,
be Increased To seventy five thousand dollars,
and all stock shall be common stock and shall
be paid for in cash or it's equivalent.
ARTICLE FOUR
One thousand shares of the CAPITAL stock of
this corporation shall be issued In consdera ton
of the transfer to this corporation leases OF
lands and property. a detailed list and descrip-
ton Of which. with the values thereon. il hereto
attached and Ia to be read ia connection with
this charter.
ARTICLE FIVE.
The object and purposes for which this corpor-
alton is organized are the exploring. mining and
boring for oil. gas. SALT sulphur or other miner
ais OF any and all kinds. nature or description.
to explore. produce aud sell the same. to acquire
oy purchase. lease. donation or otherwise lands
mineral rights In lands and the same to ex ploit
and develop. to utilize and sell and To do and
perform all other things necessary and proper ia
the engaging and performing the business Of oil.
gas and mineral development for profit In the
State of Louisiana
ARTICLE SIX.
The affairs of this corporation shall be under
the direction and control OF board III directors
eompos~d Ut seven members. who shall BE- stock
holders 10 the corporation.
The following board Of directors have been re-
iected to serve for the first year or until their
successors are elected and qualified:
j. A. Williams. Colfax. La
H. L. Graham. shreveport. La
L. Is. Gray. Colfax. La.
II. T. Crew. Colfax. La.
W. A. Brownlre. colfax. La
}. N. warjlow. Montgomery. La.
X. Z. Mcknight. Colfax. La.
The following officers have been selected tn
ff.rf h. 0p,sf
have been elected and qualified:
Presideut--J. A Williams.
Vice Presidential L. Graham.
Secretary and Treaaurer-H T. Crew.
majority of the stockholders shall const-
tute quorum for the transaction OF business.
Any vacancy occurring IN the board OF diree-
tors shall be filled by the remainder of the said
board.
ARTICLE SEVEN
The officers Of this corporation shall be a pres
ilent vice president and secretary and treasu-
rer. The Office Of secretary and treasurer may
be filed by the same person
ARTICLE EIGHT
The officers OF this corporation shall be elected
annually. commencing with the FIRST Monday In
July Of 1916. la the forms prescribed and in the
manner yet forth In sections ten and eleven Of
Act 2s7 Of the Acts Of 1914. General Assembly of
Louisiana
ARTICLE NINE.
This corporation shall have succession for the
period of time named for its duration. and under
its corporate name shall xue and be sued, shall |
make and use a common seal and alter the same
at pleasure. they shall have power to acquire
property by purchase. donation. bequest or
nj bn
and exercise all other rights In and to the same
snfjert to sncll limitations may be prescribed
by law. They shall have power to appoint and |
employ such officers. agents and employees as
the business Of the corporation may require and |
tn fix their compensation. and to wind up and /
dissolve the same according to law. To transact
bnsness in Louisiana aud all the states aud
Territories Of the United states and t. hold |
stock In other corporations as permitted by law |
ARTICLE TEN
No stakeholder shall ever be held liable or re- |
spansibIe for the contracts or faults of this cor
porstion tor any amount further than the sum |
Of the unpaid purchase price III stock subscribed
Tor by him, nor shall any informality 10 organI-
zatIon have the effect Of rendering this charter
null and void or subjecting its stockholders to
any liability further than ~ above provided.
ARTICLE ELEVEN
The president and In his absence the vice pres
dent. and in his absence the cr~tary and treas
urer are hereby designated az the person author
ICED to receive service Of legal process.
ARTICLE TWELVE
This corporation Is organized under the laws
Of the State u Louisiana. and IL vested with all
the powers conferred may be hereinafter con-
erred by laws Of the State Of Louisiana for s,mi-
lar corporations. whether her-in mentioned or
not. aud shall be subject to all the duties pre-
scribed by such lava.
ARTICLE THIRTEEN