The Caucasian., 1920-01-16

|
ed with them. they have adopted
and do hereby adopt as their Char
Ter the following Articles "t In
The name Of this corporation shall
be Tesas-Louisiana Leasing Syn
dicate incorporated; its domicile
shall be in the city Of Shreveport,
louisiana. and its duration shall be
for the peripa of ninets nine years.
il.
The purposes for which, this cor
poration is formed are as follows:
To buy, sell lease. suitcase. and
otherwise acquire and ALLEVIATE land,
leases. royalties, mineral estates, oil
and gas leases, mineral leases, lands
in fee. ana oil. gas and mineral
rights in fee.
To drill. mine ana explore FOR
oil gas and other minerals, and lo|
develop. store, transport, sell. and
otherwise dispose of same. To ac-
guire, construct. maintain and -op
crate rcfinerics. pipe lines, railways
and other means of transportation
To act as the agent for another in
doing any or all of the above enum-
Grated things. and TO charge and TO
| receive therefor adequate fees,
charges and compensation. TO buy.
own and sell. both here and else
where. real and personal property
OF all kinds and the same to mort
gage. hypothecate, pledge or other
wise dispose Of. To do and per-
form any and all acts both here
and elsewhere. necessary, incident
al or complimentary to the primary
purposes for which this corpora
ton is created as above set out.
The capital stock of this corpor-
alton is hereby fixed at the sum OF
Five Thousand ($5,O0O0O) Dollars,
divided into five Thousand shares
of the par value; of One Dollar
| (si.O0) per share, and the said stock
shall be issued only for cash or
its equivalent actually received by
The corporation, and when so issued
shall be fully paid and non-asses-
able. All shares Of stock shall be
common.
I've
The affairs of this corporation
shall be managed by, and all thu
, corporate powers Of this corpora
ton shall be vested in board ol
directors, composed Of not less thar
three stockholders. The officers
of this corporation shall be presl-
dent vice-president, and sec
Iretary-treasurer, to be elected b.
the directors. All meetings of th'
board shall be at the domicile Q
4 the corporation except that by writ
u ten consent of all the directors lega
u meetings may be held elsewhere
= than at the domicile, but must b
u held within the state of Louisiana
Until the next meeting of th'
stockholders, the following shall b
the first board of directors ant
I Iofficers:
h Frank w. billiard, director an
: president
e Acele F. Smith. director and vice
9 glpresident.
y Geo. Wesley Smith, director an
secretary-treasurer.
8, The stockholders Of this corpor
alton shall meet annually on tn
first Monday in December for tn
.. purpose of electing a new board G
D. directors. and for the transactio
of such other business as may com
before the meeting Special stock
holders meetings may be called b
the board of directors, and shall b
- IGdIftu upUE bHp WiitoCh I14ooSe
Is 25 per cent of all the outstandin
stock. At all stockholders meet
ings every stakeholder shall be er
10 titled to as many votes as he ha
shares of stock, and he may ca
said vote in person, by letter c
proxy, provided that his signatur
re to such letter or proxy be duly &C
: knowledged. The stockholders sha
le be notified in writing at least I'll
{ teen days before any stockholder
meeting by letter duly mailed
If the last known address of sue
J stakeholder, but this notice may
waived by the stockholders filir
with the secretary their waiver
10 in writing on the day of the mee
ing.
The right of cumulative votir
is hereby agreed to.
No stakeholder of this corpora