The Bienville Democrat. [volume] (Arcadia, Bienville Parish, La.) 1912-1980, 1921-06-30
CHARTER
Ar,Mlia.Ruston Oil Cooperation.
jtate of Louisiana, Parish Of Blen

State of Louisiana, Parish Of Blen'
vile:
Be it known and remembered that
on this the 18th day of April, A. u,
1921, before me, L. Il. Ozley, Notary
Public in and for said parish and STATE
duly commissioned and sworn came
and appeared J. E. Reynolds, W. u
Golf, B. r. Felts, Fred W. Pentecost
r. D. Sims, Bertram +. Barnette, D.
d, Brown, G. L. Shields, W. e. Meyers,
residents of Bienville Parish, Louis
lana, and c. r. Heard and &. A. Adams
residents of Lincoln Parish, Louisiana,
in fine presence Of the attesting legal
and competent witnesses, who declar'
ed to me, Notary, that awaiting them,
selves of the provisions OF the laws OF
| the State of Louisiana relative to the
formation, organization and estaDllsh,
ment Of corporations, and the operation
and management Of same, they do by
This act and these presents form them
selves and such other persons as may
associate themselves with them, or sue
coed them, into a corporation, under
the name and terms and for the pllr-
noses hereinafter setforth i'll the
various articles.
Article i.
Tho name of this corporation shall
he "ARCADIA-RUSTON OIL cox
pORATION" with its domicile in the
Town of Arcadia, Bienville Parish
Louisiana, where all meetings OF the
stockholders shall be held and where
meetings of the Directors mus
he held, and under its cor
porate name it shall have an Ell
iov succession for a period OF oNf
Kindred YEARS, unless sooner dis
solved as herein provided, or other
wise. All legal process shall be serV
: cd on the president, or in his absence
, on the first vice-president or IN TN
absence Of both, on the secretary ant
. treasurer at the office Of the company
Article III.
The purpose for which this corpora
r tion is formed and its objects are mere
r by declared to be to acquire, own an
= dispose of real estate, oil, gas anu NIL
( eral lands and leases; and all KINDS 0
personal property; to acquire, and ow
$ drilling rigs and machinery and opel
ate same as it may see fit; to acquire
own and operate pipe lines and tan
:, lines and cars for the purpose OF trans
hitting any and all kinds of minerals
TO acquire, build and operate machll
y ery and refneries Of any and all KIND
T. and generally to do and perform al
+ and every act necessary to carry OF
+. tine purposes herein provided Tor
Il that may be incidental thereto.
Article III.
The capital stock Of this corporate
is fixed at FIFTY THOUSAND DO
LARS, ($5O,OOO.OO), divided mug Wv
THOUSAND 10000 shares Of the p
value of FIFTY ($5O,0o) Dollars eae
which may be paid for in cash, pl
% perty transferred to the corporation
is for services performed for it at a "
n. uation to be approved by its Board
Directors, and all stock, when ISSUE
shall be fully paid and non-assessab
OF The corporation shall begin busln'
H. when FIVE HUNDRED 5000 shal
CT are subscribed and paid for In acco
OF ance with law. This corporation sh
OIL have authority to increase its CAPT
70 stock, on complying with the law re
nu tive thereto to an amount not exec
u. inc ONE MILLION (M,WO,OOO''
~ dollars.
ST. Article ~.
The affairs of this corporation 81
be managed by and be under the c
TO- troll Of a Board Of Eleven Direct
who shall be elected BY and II