The Bossier banner., 1921-07-21
pHARTER
-OF-
B. AND L. OIL COMPANY, Inc.

l
BE n KNOWN, That ON this, 5th day Of
July, inathe year ef our Lord One Thousand
Mine Hundred Twenty-One {1021l, before
me, the undersigned Notary Public, duly
appointed, commissioned and qualified In
and for Caddo Parish Louisiana, and In the
presence of the witnesses herein named, and
undersigned, personally came and appeared
the several persons whose names are hereto
subscribed, who severaIly declared that
availing themselves OF the provisions Of the
laws Of this State relative to corporations
and particularly Act. No. 267 Of the Gen.
eral Assembly of Louisiana foR the year
1914, and its amendments, they have formed
! and organized, and by these presents dc
| form and erganise themselves into q cor.
poration and body polite IN law for the
objects and purposes hereinaftet set forth
and to that end they hereby formulate and
adopt the following Articles Of Incor.
/ poration:
ARTICLE 1.
The name and title of this corporation
hereby formed shall be the B. and L. Or
cOafPANF, Incorporated, and its domicile
is hereby fixed In Bossier City, Bossier Par,
ish, Louisiana, where all meetings Of the
stockholders must be held, provided, that
with the written consent of all directors
valid meetings of the Board Of Directors
RaaF be held elsewhere than at its domicile
AsTlCLE II,
The objects and purposes of this corpora.
| tion shall be to hold, receive, have, pur-
chase, improve, ALLEVIATE, sell, pledge, mort
age and hypothecate in its corporate name
BFeperty, real, personal, mixed; to locate
purchase, ieasa aaa acquire land, with the
/ exclusive right to prosecute. dsiil, Mipe
bore, and sink wells and shafts to produce
convey and transport oil, petroleum and
gas; to carry on the business Of storing and
| prospecting for, mining, producing, refining
manufacturing, storing, piping, transport.
/ ing, buying ana selling petroleum and other
/ oil products and other minerals; to build
construct, purchase, maintain and operate
! warehouses, pumping plants and pipe lines
1 to Do a general brokerage business in oil
and gas leases, PEAL and personal property
TO borrow Of raise money by The issue Of
| notes OF any kind, and in such manner as
the company mag see dt; to make, accept,
endorse and execute promisory notes, bills
Of exchange and sfAeF negotiable instru-
menfs, and all things hecesaaFy and Incl
dental to the general mining business
i ARTICLE III
/ All citations and other legal processes
| shall be sepFed upon the President of the
| cerpoFation, or in fhs eveAt Of his absence,
upon the ViceBresident, or In the ABSENCE OF
both Of them, upon the Secretary Ffeas=
/ urer.
AhficLE w.
The. period OF existence or duration of this
! corporation is hereby fixed at ninety-nine
| teD1 yeass from date Of this act, unless
sooner dissolved under the provisions Of
| NV
ARTICLE v.
This corporation shall have the power to
contract, sue and be sued !; to make and use
corporate seal and the same to alter at
pleasure; appoint such officres as the bust
ness OF this corporation shall require to
| make such bylaws, rules and regulations
for the government Of this corporation as
may be necessary; and the same to alter or
change ut Will.
ARTICLE VI
The authorized capital stock Of this cor-
poratiOn is hereby fixed at Fifty Thousand
Dollars ($5O,OOO) divided into Five Hun.
lred Shares t5OO) of the par yalue 81 One
Hundred Dollars ($1O0) each.
The authorised capital stock of this cor
poration may be increased to One Hundred
Thousand Dollars ($1OO, ,OOO5. by eo,...lytng
with the law in such cases made and pro-
I,ytded,
All shares Of stock shall be paid for in
money or in properly coHyeyed to this cor
Roration, or In labor performed In behalf
OF this corporation.
This corporation shah be authorized 10
comsaenee business when so per cent of its
authorized capital stock has been subscribed
and fully paid for.
ARTICIE VII.
The business AFFAIRS ~ this cor,nr..,,,,
shall be uader the manarement and control
OF the Roard ~ Mpec.ass - Ia eo,.,.-,ess
OF three or more .tccths,S ~ g aia...,,
Of whom SHAH Constitute 4 1,o,,,,, ys,iics sftc
BOARD 81 Diractors .ho11 -, ,r,.sa.s. NJ.
all the cornorata ,o,yors - th,. .a,.- ...
suhiect however 70 any astrictta,.s - ,~,,;a,'
NAV he sttsulafed in th,s charter "i.n
The Roard # n,ro..,.. .,,s,, s1..4
ident. Yicenres,aent saeraas., 80 ,p.aes
urer and s,c,, o.ho. aasa. anu ffeas.
nece..rrv ,ar .,,a ,,a,.auor.a.. s 20 ny pe
~ tbis cnr,,o~s., .sss.. Az,
TO I'm All yacancses ,cc,,r,na ~. na..,! powe'
ignation, or otherwise. The once n sec-
retary and Treasurer may be combined and
held BY one and the same person.
The following stockholders shall const;.
tute and compose the FIRST Board 81 ntrec.
tors Charles q. Laskey. George Reieh;c
and ]. G. pugh, jr., with Charles g. L.askey.
Fresioehti 4 Z. Pugh, IT., Iicepresident,
anu ueofge belehif, secretary Treasurer.
The first Board Of Directors shall hold
once until the first Monday In April, 1922,