The Opelousas courier., 1901-05-25
q III A r. II Z II
The OpeI0usas Land, Oil, Min
eral and Development Com
pany, Limited.
STATE OF LOUISIANA
PARISH OF ST. LANDRY


STATE OF LOUISIANA,
PARISH OF ST.. landry.
BE IT KNOWN. That on this Ninth day o
the month Of May, in the year of Our Lore
Ono Thousand, Nine Hundred and One, before
me, Lucius L. Castillo, a Notary Public dull.
commissioned, qualified and sworn. in and TO
the Parish and State first above written, and il
the presence of the witnesses hereinafter namet
and undersigned personally came and appeare!
J. j. Thompson, John A. Haas, Joseph NJ
BOagni, L. Z. Blackshear and Edward NJ
Boagui, all residents OF the Parish of St.Landry
Louisiana, who declared that they do now or
ganize themselves under the laws Of the Stat
of Louisiana, and do now form themselves int
1t body corporate for the purposes lsreiuafte
mentioned, under the following articles ant
StlpuiatlonS, tO-Wlt:
ARTICLE l..
The name and title of this corporation shall
he "Thc Opelousas Land, Oil, Mineral and De
velOpluent Co, Limited" 1t shall exist ant
have succession for the period OF Nlnety-nin,
years from the date hereof; it shall have pOwe
to acquire property by purchase or otherwise
to mortgage, lease, pledge ana ALLEVIATE persona
and real property, and rights of different kinds
to contract, sue and be sued, and to have q!
powers conferred by laws on corporations.
It's domicile shall be in the Town of Opelou
sas, Parish of st. Landry. Citation shall b.
served on the President. or, i'll his absence, OF
the Secretary OF the Company.
ARTICLE II.
The objects of this corporation are to buy
sell and lease lands; prospect and bore or dis
for OIL, gas and minerals of all KINGS on thu
lands leased or owned by them, or on which
said company have certain rights, whether said
lands be in the Parish Of st. Landry OF else
where, and to refine, buy. sell or traffic in al
products that may be of advantage to SAID
Company, relative to their line OF business un-
der this charter; to enter into all contracts tina
may be incident to, or convenient, or advanta
Scous i'll the carrying out of the objects anC
purposes of this Corporation.
ARTICLE III.
The Capital Stock of this Corporation is here
by fixed at Twenty-Five Thousand dollars, Iii
vided into Two Hundre aud Fifty shares OF I
par value of One Hundred dollars per share
All certificates of stock shall be signed by the
PRESIDENT and Secretary and shall be paid fol
in money, i'll prOperty-real or PERSONAL, il
labor or rights in such manner and in sucl
amounts and at such times as the Board OF Di
rectors may determine. Til Company may
commence business as soon as Fifty (50l shares
of stock shall have been subscribed and whel
all thereof shall have been paid into the treas
ury. The'directOrs shall have the right to in
crease said stock.
ARTICLE ".
All corporate powers of this Corporation are
vested Ill a Board of Directors composed of five
stockholders, three Of WHOM shall constitute d
quorum to transact business. They shall ht
elected annually on the first Tuesday of June
The election shall be by ballot and each snare
shall be entitled to one vote. The manner OF
the business of said corporation
shall be regulated by the bylaws to be adopted
by said Board.
The officers OF this Board shall be Il President,
VIce-PreSident, Treasurer aud Secretary, W Lu
shall be elected by the Board of Directors at
their first meeting, Until the first election
the following stockholders shall constitute the
Board of Directors, to-wit: j. J. Thompson,
John A. Haas. Joseph NJ. BoaguI, 7. I, Black
sher and Edward NJ. Boaghi.
The Board Of Directors shall adopt such by
as shall be necessary to carry on the
business OF said corpnratlon, and they shall Till
any vacancy occurring among their Number.
A meeting of the Board OF Directors uay be
called at amy time by the President or by two
on such notice as the bylaws may
prescribe.
The annua meeting Of the stockholders will
be held on the first Tuesday of june Of each
year, beginning On the first Tuesday of June,
l"G2, The president can call Il meeting of the,
stockholders at any time for any lawful pur-
poses upon noticca as ;he bylaws may prescribe.
ARTICLE V.
No stakeholder shall he held responsible for
the contracts OF this corporation in any further
sum tIal the amount represented by the I'M
paid balance vi his subscription to shares.
ARTICLE VI.
Tins act of Incorporation may be amended
win Tie assent OF three-forrtlis of the capital
STOCK represented at IL general meeting To he
atterttue notice by thirty DAYS pub
i'll a newspaper at the donicile OF said
or mag be dissolved at a like meeting
~ Si| tt \ iOitit L VI J!t stbtkIuitLttS,
ARTICLE VII.
Upon the dissolution of said corporation by
limitation or otherwise, its affairs shall be
illllIdated by three Commissioners to lie an.
pointed by the stockholders, who shall FIX their
compensation.
ARTICLE VIII.
The Board OF Directors shall nave authority
to issue bonds when authorized To 60 So by IA
vote OF the stockholders at Il REGULAR
meeting called Tor that purpose.
ARTICLE TX.
This corporation shall have the right to do
in and out OF this State and do all
things necessary TO operate and transport their
products, slcl as building railroad,
pipe lines, bar2es and steamboats, and Operat-
ing same.
All stock uns1ld shall be treasury stock to
be disposed OF by the Board of Directors.
Besides the notices by publication required
III this charter, it shall be the duty of the Sec
to give individual notice to the Directors
ana stockholders whenever meetings are held,
ARTICLE Y.
No person shall be Il Director Of this CORPORA
ton unless he holds and oWns in his own right
not less than five fully paid up shares of The
stock OF this company.
ARTICLE XXI.
The Board of Directors shall have power to
from time to time all such agents or
representatives as may be deemed necessary
lor the proper transaction OF the business Of
hC SoihEttHSs
ARTICLE XII.
The :irst election Of directors of this company
shall take place and be held en- the first Tues
day OF June, 1902.
At the first meeting of the Board OF Directors
alter their election they shall select from their
number a President and Vice-President, At
ne same time they shall elect a Treasurer aud
secretary. This office may bs held by one and
the same person, or each office by Il different
person; III either event the person or persons
lnIGinT fIln ntfipn nf Gnpr.at,ury ...3
may or may not be Il stakeholder. All officers
when duly elected shall serve until their sue
cessors have been elected and duly nducted
office.
Thus done, passed and signed at Opclousas,
La, on the day and date first above written, in
5he presence of /. L. LIttell aud 7. s. Isaacs,
competent witnesses, and me, Notary, after
iue reaoitS. ISi9nedl
/. NJ. BOAGNI.
Jos. NJ. BOAGNI,
J. a. Haas.
z. Z. BLACkSHER,
j. J. THOMPSON.
Witnesses.