The Lafayette gazette. [volume] (Lafayette, La.) 1893-1921, 1901-05-25

on the vice-present. or in the absence of
both upon the secretary.
ARTICLE ii.
That this. corporation shall have the
and use n corporate seal, and same to alter
receive. sell, lease. as we'll as to mortgage.
hypothecate or pledge, property, both real
and credits, an6 all such chooses in action in
such manner as may be allowed by the laws
of the State of louisiana, in any other
State Of the United States; to issue bonds.
promissary notes, other evidences of
indebtedness; to name, elect and appoint
all such officers, directors, managers and
agents. as the interest and convenience of
said corporation may require, and to pro-
vide for their payment, removal substitution,
in case of death, resigned ton, absence
inability to act, or other sufficient cause,
well as for their discharges; to make and
establish such bylaws, rules aud regulations
for the conduct of its affairs NAV he
necessary, convenient or proper, and the
same to alter, change or amend at pleasure;
and to do all such other acts and things as
may be necessary to. or facilitate the carry
corporation.
ARTICLE III.
The objects and purposes for which and
each of which this corporation is formed
to purchase, take on lease, Or otherwise ac-
quire mines, mining rights and privileges,
of Louisiana, or elsewhere, for the develop
ment of natural gas, petroleum, oil, coal,
asphaltum, salt, sulphur, ore, metal, and
mineral substances. or any interest therein;
and to explore, open, work, or in any way
turn to advantage the same.
To bore, drill, open, quarry, slnelt, refine,
dress, amlagamate and prepare, petroleum,
oils, asphaltum, sulphur, ore. and mineral
substances of all kinds; to buy, sell, deal in,
oils, minerals. plants and machinery, imple-
ments, conveniences, provisions and things
capable of being used in connection with
mining operations, or required by workmen
construct, carry out, maintain, improve,
manage, work, control and superintend,
any roadway, tramway, pirc lines railway,
steam ships and sailing vessels. tanks. re-
ServoirS, warehouses;, SawmillS, waterworks,
crushing works, hydraulic works, and any
other works and conveniences that may
seem directly or indirectly conducive to any
of the objects and purposes OF this corpora
ton, and to SubSidiZe, otherwise take
part in any of the said operations; to manu-
facture, sell and lease to any other corpora
ton, and to all private consumers, oil and
gas machines appliances and devices of all
kinds for the production, supply and use of
light, heat and power. and all goods, wares
and merchandise, property and substances,
now and hereafter used in the production of,
Incidental thereto, to manufacture, and
contract for, and furnish, light, heat and
power to other persons. firms and corpora
tons, public and private; to manufacture,
buy, sell, trade and deal IN, any and every
kind of earthern products, composed wholly
or in part, of kaolin, paraffine, clay anv
earthly matter, and mine, manufacture, buy,
sell, trade and deal in, and any and every
gaseous and other ingredient, material or
substance, entering into the manufacture, or
relating thereto: to purchase, acquire, hold,
lease and operate, and to sell. lease and
dispose of, to such persons or persons, cor
Poration Or corporations, and at such price
ri IorICR on
as this corporation may see proper, water
rights, improvements and buildings, for
mining, milling and agriculture. and for
other uses and purposes; to purchase, lease
or otherwise acquire, all or any part of the
business liabilities of any person, firm,
association or corporation engaged therein
or holding any part in similar objects and
purposes; to do all and everything suita BILE,
necessary and convenient and proper for
the accomplishment of any of the purposes,
or the attainment of any one or more of the
objects and purposes herein enumerated, or
incidental to the powers herein named, or
which shall at any time appear conducive
OF expeditions for the benefit OF this corpor
alton.
1t is the intention that the objects and
purposes specified in this article, except
where otherwise expressed in said Article,
be in no wise limited or restricted by refer
ence from the terms of any other clause of
this, or any other article of this charter;
and that the objects and purposes specified
in each of the clauses of this article shall
be regarded independent objects and
purposes.
ARTICLE w.
The capital stock of this corporation is
hereby fixed at the sum of TWO HUMID
DRED THOUSAND DOLLARS $500, ooo)
divided into TWO HUNDRED THOU
SAND SHARES of the par value of ONE
DOLLAR ($I) each, which shares shall be
paid for in money or its equivalent in real
or personal property, in such manner and
on such terms as may be directed by the
Board of Directors, provided however, that
this corporation may commence business
after not less than FIVE THOUSAND
DOLLARS of the capital stock shall have
been paid for. All transfers of stock shall
be made on the books of the company at
its office in Lafayette, Louisiana, and on
the surrender of the certificate therefor.
No transfer of any stock shall be made, md
no certificates shall be isued except for full
paid stock. All certificates of stock shall
be signed by the president and counter
sized by the Secretary and Treasurer.
ARTICLE v.
The officers of this corporation shall con-
sist of president, vice-president, secretary,
treasurer and general manager. All the
corporate powers of this corporation shall
be vested in and shall be exercised by a |
Board of Directors composed of SEVEN
M embers, to be elected by mojorty of the |
stockholders of this corporation, on the |
third Tuesday of the month of May of each |
year, after the year 1909. All |
such elections shall be by ballot at the |
domicile and Office of this corporation un- |