The Bienville Democrat. [volume] (Arcadia, Bienville Parish, La.) 1912-1980, 1919-04-03
CHARTER
OF THE RINGGOLD OIL & GAS Co.,
INCORPORATED

before me the undersigned NotalS uos
lie in and for the Parish OF BlelSllle'
personally came and appeared the part
loo whose names are hereunto sub
scribed who declare that availing them.
selves Of the provisions of the laws OF
this state relative to corporations, they
have formed a corporation under tn
name and style and with the powers
and privileges hereinafter stipulated.
ARTICLE |.
Name
The name of this corporation snail
be the RinggOld Oil & Gas Company,
Incorporated.
ARTICLE II.
Objects and Purposes
The objects and purposes for which
the corporation il organized is to drill,
mine and explore for gas, oil and other
minerals, and to develop, store, trans
port, sell and dispose of same; to buy,
sell and lease lands, to acquire hold
and dispose of mineral rights and leas-
es; to acquire, construct, maintain and
operate pipe lines ind reiineries, and
to conduct a general oil and gas bust.
ness and to do any and all things
necessary and incidental to the objects
of this charter.
ARTICLE Ill.
Capital Stock
The capital stock of this corporation
shall be fixed at the sum of Thirty
Thousand Dollars ($3O,0OO.00) divide
into three thousand shares Of the par
value Of Ten Dollars $4,000 per share
fifty per cent of which capital stock
has been subscribed for, and more than
fifty per cent Of the stock subscribed
has been paid for before the publica-
ton of these articles Of incorporation.
The entire stock Of this corporation
shall be Common Stock and there shall
be no Preferred Stock.
ARTICLE ".
Increase
The capital stock Of this corporation
may be increased hereafter to Fifty
Thousand Dollars ($50,0000O).
ARTICLE V.
Domicile
The domicile Of this cooperation shall
be in the town of Ringgold La, wher'
all meetings Of the stockholders and
directors must be held, provided, how
ever, with the written consent of all
directors, valid meetings of the direc.
tors may he held outside the State or
within the State elsewhere than IT.
domicile.
The affairs of this corporation shall
be conducted by ten directors, and the
names OF those selected for the first
year, or until their successors are elect.
ed and qualified, are as follows. DR..
G. G. Albums, H. p. Wimberly, s. P.
Stewart, O. G. Thomas, II. G. Cook,
4. II. Mosley, L. B. Cook, j. B. Martin,
s. j. Burkhalter and Or. Z. G. Cook,
all residents Of Ringgold, Bienville Par.
ish, Louisiana
The executive officers of this corpora.
tion shall be President, a vice-presi.
dent, and a Secretary-Treasurer, who
shall be elected annually by the direc.
tors, and the officers for the first year
shall be DR.. G. G. Albums. President
II. R. Wimberly, viee.president; s. P
Stewart, Secretary.Treasurer.
ARTICLE VII.
Corporate Powers
The corporate powers of this corpora,
ton are hereby vested in Its Board Of
Directors, the said board for the first
ensuing year being herein above nam,
ed, the majority Of whom shall consti
tute a quorum for the transaction OF
business. The said board shall be elect
ed annually at the annual meeting Of
the stockholders Of said corporation
which said meeting shall he held Oh
the first Monday Of April Of each year
beginning with the year 1920, and said
board shall have the authority and
power to sue and to be sued in the
name OF said corporation and to ap
point such officers and agents and tt
engage such employees as the business
OF this corporation may require and tc
iix their compensation, having due re-
gard to the nature aud character Of
their services, and shall further have
tue power to make bylaws not in
consistent with any existing laws O,
tG.s State, fixing and altering the man
agenent OF its property and regulation.
alitl government of Its affairs and thu
name, certification and registration Of
Its stock, and shall further have powe,
to wind up and dissolve said CORPORA
tIon In the manner prescribed by law
and shall have all other powers a.
may be named or be permissible unde,
Act 2e7, Of the General Assembly d
Louisiana, at Its session Of 1914.
ARTICLE VIII.
Voting Power.
Each share of stock In this CORPORA
tion shall be entitled to one vote a,
all meetings Of the stockholders to be