The Bienville Democrat. [volume] (Arcadia, Bienville Parish, La.) 1912-1980, 1921-07-07
CHARTER
Arcadia-Ruston Oil Cooperation.

State Of Louisiana, Parish OF Bien-
vile:
Be it known and remembered that
on this the 18th day Of April, A. D.,
1921, before me, L. L. Ozley, a Notary
Public in and for said parish and state,
duly commissioned and sworn, came
and appeared J. E. Reynolds, W. D.
Golf, 3. r. Felts, Fred W. Pentecost
r. d. SIMS Bertram F. Barnette, u.
e. Brown, G. L. Shields, W. G. Meyers
residents of Bienville Parish, Louis
lana, and G. r. Heard and &. A. Adams
residents of Lincoln Parish, Louisiana,
in the presence of the attesting legal
and competent witnesses, who declar'
ed to me, Notary, that awaiting them.
selves Of the provisions OF the laws or
the State Of Louisiana relative to the
formation, organization and establish
| 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 pur-
noses hereinafter setforth in the
various articles.
Article i.
The name OF this corporation shall
lbe "ARCADIA-RUSTON OIL COR
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
be held, and under its cor
porate name it shall have an en-
ioy succession for period OF ONE
HUNDRED YEARS, unless sooner dis
; solved as herein provided, or other
. wise. All legal process shall be serV
ed on the president, or in his absence
, on the first vice-president, or in tn
absence of both, on the secretary AM
) treasurer at the office OF the company
: Article Ii.
The purpose for which this corpora
j tion is formed and its objects are here
g NV declared to be to acquire, own an
DISPOSE Of real estate, oil, gas anu mil
eral lands and leases; and all kinds q
personal property; to acquire, ana ow
drilling rigs and machinery and ope'
e ate same as it may see fit; to acqulr
, own and operate pipe lines and tan
lines and cars for the purpose OF tran
. hitting any and all kinds OF minerals
to acquire, build and operate machll
erv and refneries Of any and all KIND
and generally to do and perform al
T and every act necessary to carry o.
the purposes herein provided for
:. that may be incidental thereto.
. Article iii.
:, The capital STOCK OF this corpola ln
+ ;s fixed at FIFTY THOUSAND DO
W lars. (s5O,OoO.OO), divided into On
ly THOUSAND 10000 shares Of the p
valne Of FIFTY ($50OO) Dollars eat
which may be paid for in cash, p1
~ nerty transferred to the corporation,
It. for services performed for it at a v
be uation to be approved by its Board
k. Directors, and all stock, when lssu'
"a shall be fully paid and non-assessaD
~ ~, The corporation shall begin busln'
III when FIVE HUNDRED 5000 shal
In are subscribed and paid for In aeco
lte ance with law. This corporation 50
70 ! have authority to increase Its CAPT
= stock. on complying with the law re
re- five thereto to an amount not exec
on Ing ONE MILLION (sl@oo'
Inn Article Nv.
ma oAfoira If t11iA CORPORATION 81