The Caucasian., 1919-02-23
CHARTER
OF The Tarver-Bennett Drilling Co..
Incorporated.
United States of America.

state OF Louisiana.
Parish of Caddo:
BE IL KNOWN: That on this.
the 23rd day Of January, in the year
Of our Lord One Thousand One
Hundred and Nineteen, before me.
Jas. G. Palmer, Notary Public duly
appointed. commissioned and quail
fled in and for Caddo Parish. Lou
isiana, and in the presence Of the
witnesses herein named and under
signed, personally came and ap-
peared the several persons whose
names are hereto subscribed. who
Severally declared that availing
themselves of the provisions of the
porations, and particularly Act. No.
PCT Of the General Assembly of Lou
isiana for the year 1914. they have
formed and organized. and by these
presents do form and organize
themselves into a corporation and
body polite in law for the objects
and purposes hereinafter set forth,
and to that end they hereby form
ulate and adopt the following Arti-
cles of Incorporation, to-Wft:
ARTICLE I.
The name and title of this cor
poration hereby formed shall be
"TARvER BENNETT DRILLING
COMPANY. INCORPORATED" and
its domicile shall be and is here
by fixed at the City of Shreveport.
Caddo Parish, Louisiana.
ARTICLE II.
The purposes and objects for
which this corporation is formed
are hereby declared to be: To buy,
own, sell. exchange. or otherwise
deal in fands for the development
of oil. gas. or other minerals eli
ther by developing said lands by
this corporation, or by contracting
with others for the development of
such lands; to contract for drilling
wells for oil gas, or other miner
ais, or for water, or for any other
purposes and to sub-let such con-
tracts; to purchase or acquire
leases on lands for the purpose 81
developing the same for oil, gas. or
other minerals; and to sell. assign,
or sub-lease the same for the same
purposes.
ARTICLE III.
All citations or other legal pro-
cess shall be served upon the
President of the Corporation, or in
the event of his absence, upon the
Viee-president, or in the event OF
the absence of both of them. upon
the Secretary or Treasurer.
ARTICLE ".
The period Of the existence or
duration of this corporation is
hereby fixed at Twenty-Five years
from the date of this act unless
sooner dissolved under the provi-
sions of law.
ARTICLE Y.
This corporation shall have pow
er to contract sue and be sued; to
make and use corporate seal, and
the same to alter at pleasure; to
hold, receive. purchase, lease, sell
and convey, as well as hypothecate
and mortgage, in its corporate name
any property which it may own; to
appoint such officers as the busi-
ness of this corporation shall re-
quire: to make such bylaws, rules
{ and regulations for the government
of this corporation as may be nec-
essary, and the same to alter OF
change at will.
ARTICLE VI.
The capital stock of this corpor-
alton is hereby fixed at Fifty
Thousand (s5O,OOO.OO) Dollars, divid-
ed into Five Hundred $500 Share:
of the par value of One Hundred
(siO9.0O) Dollars each.
All shares Of stock shall be paic
for in money. or in property con-
yeyed to this corporation, or in la
Dor performed in behalf Of this cor
pOFdtIOH.
This corporation shall be author
lied to commence business wher
Forty Thousand (s40OO0.0O) Dollars
of its capital stock has been sub
scribed and fully paid for.
ARTICLE VII.
The business affairs of this cor
poration shall be under the man
agement and control of a Board O
Directors to be compsed Of three
stockholders. a majority of whom
shall constitute quorum, whicf
Board of Directors shalt be invest
ed with all the corporate powers o.
this corporation, subject. however
to any restrictions which may bt
stipulated in this charter.
The Board Of Directors shall cleo
a President, Vice-President, Secre-
tarv and Treasurer, and such otnel