The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1901-07-20
CHARTER,
UNITED STATES OF AMERICA

| bNl lED > Al LIS VI AMERICA.
| STAT. OF LOUISIANA, :
Perish of St Mary.
De il known. that on the Sixth (Gthl day
OF May, \. D., Nineteen Hundred ana One
| G90D, before me, Louis :. Bigler eX -otti-
clio, a Notary Public, duly commissioned
ana qualified within and for the Parish of
st. Mary, State Of Louisiana. and in the
presence Of the witnesses hereinafter
named and undersigned, personally came
and appeared. ID. CaffeIy, Sr Albert C.
Allen, William X. Wilson. oScph 4. Lo-
ret, j. Sully Martel, +. K. Gallery. Fran
co.'s =. Perret, Frank Viguerie, Joseph
| schwartz. DR.. Ira Bowman, \. \. Fuselier,
.ir., Arthur A. Bonyil!ain. E. Richard, H.
| Delhaye, Or. l.. F. Pecot, Arthur G. Mar
tel. J. q. Martcl. Dr.. L. 5. Per:et, Alfred
Pecot, Miss Emma Pecot, NJ. Bell. A. NJ.
Underwood, J. K. Bouttef, F.. Wm. Drieb-
| holZ. j. F. Britain, NJ. b. Tarletor, Z. A.
! Delahol!ssayc. l.. A. enloza, ules Du-
eros, John q. Lewis, John X. Parkerson,
X. Il. Cooke, ). e. Meancon, John B. Rob-
| erts, Damas Moresi, JOS. c.. Grevem be re-,
| II. 5 Sanders, and others undersigned all
| residents Of Inc Parish of st. Mary, Louis
lana, and all Of whose names are hereunto
| subscribej; who declare that, availing
themselves Of the laws ard Constitution
OF the State Of Louisiana, relative to the
organization Of corporations Of limited
! liza bllity, they have covenanted and con .
tracted and agreed, and do by these PRES.
| ents contract, stipulate and agree and
bind themselves and those who may here
after become associated with them, to form
and constitute body polite and corpor
ate, for the objects and purposes and I'M
| der the following conditions and stipuia-
tons. viz
| ARTICLE l.
| The name and style Of this Corporation
shall be ard is the 'T'Chetimachas Oil
Company, Limited" and by this name the
SAID Corporation shall have power to exist
for the term and perio LET Ninety-nine (99)
years from the date of this Act, and under
| its corporate name the said corporation
| shall have power to con tract, to sue and be
| sued, to make and use corporate seal and
the same 10 alter or break at its pleasure,
the same to be designated by the Board of
Directors, 10 purchase, hold, own, sell,
| lease, mortgage or otherwise ALLEVIATE or
cucumber property either real or personal,
! to elect and appoint such officers, directors
| and clerks and employees as may be
deemed necessary or eApedient, to adopt
| such rules Of order and bylaws as may be
| deemed necessary for the proper conduct
and management Of said CORPORATION. and
generally to do all and any such acts and
| exercise all such powers as may be neces-
| sary, proper or convenient for the accom-
! plishment OF the objects of this corporation.
ARTICLE II.
The domicile of this corporation shall he
| in the Parish of st. Mary, State Of Louis
| lana, United States OF America. and all
citations or other legal process shall. be
! served on the President,Of said corpora.
| ton, or in his absence on the Vice. Presid.
| ent, and in the absence of both UPON the
| Secretary.
ARTICLE III.
The objects and purposes for which this
| corporation is organized are to purchase
| O. lease, or obtain options upon or serv-
tudes upon any lands. either in this Parish
| or elsewhere, in which oil. petroleum, salt
| or other minerals may be Or may possibly
| be, and to drill, sink wells, and to do all
other things necessary for prospecting
such lands and deriving the oil, petroleum,
salt and other minerals therefrom and gen.
| orally to carry on an oil and mineral pros
| pecting business and eventually to estab-
| llsh such apparatus and establishments
| and equipments, pipe lines, tanks, etc, as
| may be deemed necessary. in the prospect
! ing, Filling, mining extracting, refining
and selling and otherwise dealing in
| oil. petroleum, salt and all other minerals.
| tOdo all things in any manner pertinent
| thereto.
ARTICLEIv.
| The capital stock Of this corporation is
| hereby fixed at Five Hundred Thousand
Dollars which is divided into five hundred
| thousand shares of the par value Of One
| Dollar (SlI per share, which shall be issued
| at such times and in such manner and sub
! scribed for and paid for as the Board of
(; Directors may designate, but no stock shall
be sold for less than its par value either in
| cash or its equivalent, after Two Hundred
and Sixty THOUSAND Share, shall have
| been disposed Of.
And it is further provided for the pro-
| lection ct ali cash investors, that the stock
| for which cash is paid, shall he stamped
/ Cash Stock and this stock shall be sat-
| listed by preference over other stock IN the
event Of liquidation. And this cash stock
| sh all also be entitled to preferential diyi-
| dend Of twelve 12) per cent. and after the
payment thereof, the cash stock shall share
| in the residuary dividend with stock is
| sued for lands, options, and other equiva-
Tents of cash.
Said stock shall be represented by GER
| tifcates signed by the President and coun-
| tersigned by the Secretary hereof, and
| bearing the impress of the corporate seal,
! and no transfer of stock shall be valid I'm.
| less made upon the books of this corpora
| ton on surrender of the stock, either BY or
under the direction Of the Secretary hereof
Nor shall any such transfer be made as
! long as the holder Of stock desiring its
! transfer may be In arrears or indebted to
| this corporation.
| This corporation shall become operative
| and 20 into effect rs soon as Fifty Thous-
| and shares shall have been subscribed, and
| this number having been fully subscribed,
the said corporation shall go into effect
] Immediately upon PRONUNCIATION Of its
charter.
ARTICLE Y.
The corporate power Of this corporation