The Articles of Incorporation
Perhaps the most illuminating of all the statements found in the articles, this breakdown of stock ownership reveals Hugh Gantt to have had a 51% interest in Texans Inc.
From page 6, 7, and 8:
That the amount subscribed by each, and the amount paid by each (such payment being in cash except as hereinbefore stated), are as follows:
Name Thomas D. Levisay T. M. Young R. B. Stephens Raymond Morgan Oren Bauer Austin Newton Ben Sullivan L. B. Sikes Gus J. Rosenburg Forrest Kyle M. B. Sikes Ray G. Jones Wylie McClatchy Marion Garms Stacy Stephens C. E. Brinson Frank Morgan G. B. Wooldridge O. W. Monk Bryan Harris E. B. Elliot Vera Sullivan Moody Sikes J. S. May L. W. Whitfield C. H. Sargent J. B. Ashmore Roy Phillips Roger Wilson E. B. Sikes Bruce Weaver Irvin Cheatham C.C. Woodson Margaret Wofford Clark Coursey E. C. Martin D. H. Rogers J. H. Morgan Robert Sharp S.E. Davidson Mrs. B. E. McKnight J. D. McKay F. T. Adams, Sr. S. L. Beard A. O. Fielder Mrs. W. J. Bodine Gordon Griffin A. E. Christenberry D. A. Schultze E. A. Medcalf H. L. Allcorn Seth Jenkins Dr. J. B. Stephens Howard Sikes C.D. Findley R. M. Logan Sammy Waisman Mrs. Bessie Baker Mrs. Hattie Holder Marvin L. Guthrie J. S. Lewis M. L. Guthrie H. K. Bonham Jack Pike Mrs. C. W. Barrett William Rex Nixon H. H. Gantt |
Amount Subscribed
2000.00 2000.00 2000.00 2000.00 2000.00 2000.00 300.00 5000.00 2000.00 2000.00 1000.00 100.00 2000.00 1000.00 1000.00 200.00 200.00 1000.00 100.00 200.00 200.00 100.00 200.00 400.00 200.00 1000.00 200.00 1000.00 1000.00 2500.00 1000.00 500.00 1000.00 100.00 200.00 200.00 400.00 200.00 100.00 200.00 600.00 100.00 100.00 100.00 100.00 100.00 1000.00 1000.00 200.00 400.00 200.00 500.00 1600.00 500.00 200.00 100.00 200.00 1000.00 400.00 200.00 500.00 500.00 200.00 200.00 100.00 100.00 51,000.00 100,000.00 |
Amount Paid
1300.00 1000.00 1000.00 1000.00 1000.00 1000.00 300.00 2500.00 1000.00 1000.00 1000.00 100.00 2000.00 500.00 500.00 200.00 100.00 500.00 50.00 100.00 200.00 100.00 200.00 200.00 200.00 500.00 200.00 500.00 1000.00 1250.00 500.00 500.00 500.00 100.00 100.00 100.00 200.00 200.00 100.00 100.00 300.00 100.00 100.00 100.00 100.00 100.00 500.00 500.00 100.00 200.00 100.00 500.00 800.00 250.00 100.00 100.00 200.00 500.00 200.00 100.00 250.00 500.00 100.00 100.00 100.00 50.00 36,050.00 65,000.00 |
That the property above described in detail is free of debt and encumbrance. Subscribed and sworn to before me by L. B. Sikes, T. M. Young and Forrest Kyle, respectively, this the 13 day of July, 1951, to certify which, witness my hand and seal of office.
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