The Caucasian., 1919-09-26
CHARTER
OF the TOla Producing and Refiniil!
Company, Incorporated


ary public in and 1or said above
named Parish and state. duly com-
missioned and qualified. on CHS
day in the presence Of The two sub
scribins lawful witnesses, person
ally came and appeared the several
persons whose names are subscri-
bed hereto, who severally declared
and acknowledged unto me, said no.
tary, in the presence OF said wit
nesses, that availing themselves OF
the laws generally of the State OF
Louisiana with reference 90 corpo-
rations and particularly lAct 26' OF
1919 and The amendments therto
they have eOsenante0, contracted
and agreed, and by this acs and
these presents 90 now covenant
contract and agree 70 form chem
selves, their successors and those
who may hereafter become lawfully
associated with them, into q eorpo-
ration or body polite in law, and
adopt this ehArteS with Che name
and for she purposes and objects
stated namely:
ARTICLE Q.
The name OF this corporation
shali be che TOLA PRODUCING &
REFINING COMPANY, INC, and Ny
such namc said corporation shall
have. exercise and enjoy succession
foS q period 81 ninets-nine years
from date hereof, with all the pow
eYs and authority granted by 0aw
20 such corporations, anclu6ing the
power 20 sue snd be sued. contract
and hol0 and own all kinds Of pSop-
eity as heriR provided.
ARTICLE W.
The 6Omicile Of this corporation
is hereby declared 20 be and fixed
ir che City OF Shreveport. Caddo
Parish, Louisiana.
ART1CLE7lIq.
Yhe capital stock of this eofpor-
alton is hereby fixed al One Million
Five Hundred Thousand (si, 10000
Dollars. divided into and represent
ed by One Million Five Hundred
Thousand shares OF the par value
of One (siO) Dollar each.
The capital stock OF this corpora
ton may be increased as provided
by law to Three Million 100000
Dollars, represented by Three Mil
lion shares Of Che par value OS One
(s1.OO) Dollar each.
ARTICLE ".
Ihe powers and authority OF shis
corporation shall be vested in and
exercised by . Board of Directors
composed Of not less than five (5l
nor more than fifteen (i5) Stock
holders. to be elected az Che annual
meeting of Che stockholders Of This
corporation, beginning with Che
third Monday of May, 1920, ana an
nuallv thereafter, az which time the
regular annual stockholders meet
ing shall be hel6. Until the first
stockholders meeting as herein pro-
vided, Che Board OF Directors of this
corporation shall consist Of The fol
lowing named stockholders, so-wit
J. A. Shaw, Shreveport, Ia: NAL
colin Burns. TeXarkana, Texas; G.
L. Sharp, Fort Worth, Texas; G. l..
Green, Lake Charles, Va: J. o. Mod
isette, Jennings, Va, and r. l.. Shaw
Homer, La; provided, however, Che
said above named persons shall be
permitted to increase Che Board OF
Directors 20 not more than fifteen
who will hold office until their sue
cessors are elected and take office
following the annual meeting o
stockholders. which annual meeting
may decrease or increase The num-
ber of directors within Che iimita-
tions above stated.
ARTICLE V.
The officers Of this corporation
shall be ehe following: President
cne to three sicc-presidents, . sec
retary an; :; treasurer, who shal
be elected by the Board of Direct
ors ;l.e.:,. lately following che an
nual ;ng Of stockholders, ant
whose duties, powers and authorit.
shall be defined by che Board OF Di
rectors, except as they may be 9th
erwise fixed by law or the stock
holders of this corporation.
Until ehe first annual meeting o
the stockholders the following dir
ecsors shalo be chs Officers OF Chi
corporation, crowded, aD office
may be semosed Cor cause az All,
time by Che Board OF Directors, 90
VIII: J. 4. Shaw, president. shrese
port, La: 6. L. Sharp, sice-presi
dent. Fort Worth, Texas: Malcolm
Burns. secretary, Yexarkana. Tex
r. L. Shaw, treasurer. Homer. Ia.
ARTICLE VI.
The purposes for which this corp
ration is organized are hereby de
clared TO be any one OF all Of th