The Jennings daily record. [volume] (Jennings, La.) 1900-1903, 1901-12-14
CHARTER
OF THE JENNINGS OIL CoMPANA
STATE OF LOUISIANA, !
PARISH OF CALCASIEU.

os ! ~. - as well as such other q
mems as NAV hereafter become asso- g
ciated with them and their succ: :,
into a corporate or bodH Poi'UAo "a
law for the OBJECTS anu Pui I;J,Iae' and {
under the stipulat'1ns, ar'holee {
as follows:
ARTICLE
The name and title OF the said cor
,,oration shall be JENNlNIS oI.-
tyINiPA ny. and by the sald haliiG ~
sI,on have and enjoy sIcceSsloh loI
the period OF ninety nine Seare 80 orl
the da.c OF this act. Tue Town o.
nincs. in the parish OF Saioo' ,',;.;ic
and al citations against 1t may ne
served on its president, or IN ms Lp
| sance a., ina bllity to act, on Ohe Hi0S
president.
ARTICLE II.
The purpose for which th's corp ,,oa f
+ion is established. and the ha1I;lS -
ne business TO be carried on pA ~,
Fare any one, OF llotS' VI
10 construct. work aud MAINTAIN
,ilroads. canals. plank ROADS. oflaS
as and ferries. whether within or Ntiv lIr
ON the limits of this state; 10 N'l.'
on manufactures OF coGSon, Woo ~,
dane:to construct and carry on wv ~.
20 S1,nnly cities and towns with gas oi
,r,ter. to compress cotton: 10 eoL
struct and carry on IRON. pr"ss 49,
conner foundries: to cohsltueG 81
maintain dry docks or hpaIlA- u1Ga[
for the building or repalriLs W innn
= and other yessels:to manuiactufe ~ To-
onD,>,r lead or other metals. ear ~
- u-a,ta or stoneware. engines, Guy
= oi1s. machinery. paper, gun pow" pow
e End Horticultural Implements; 20 ielt l.
q smear. and to navigate che sr" ~
steam: to establish. MAINTAIN ,'Iu y /
y eTatp lines of telegraph. ana ttheti' M, .
q Sf,otnriaS construct and malnta
X 5oclEs. steamships and other Ee'l'Sle
y fo, tl,c trans DOrtati0n OF felEh. 90
n I,n.sanoers: to construct. mainU"l
and operate works OF drainage esT
. are and land reclamauon' 2"u
e. oT3en and work mines for deNeloPiI
= o2d ohraininr natural gas, petroIeu
p nn.,l asuhal tum. salt. sulphor, Oh
a metals. and mineral and Eolau4e 81
+ stances, of all kinds: ana TINS COZ Put
non shall have power ana Su''t ,',.
e. to hold, receive. purchase anu Co'i ~ :
. and to hire, lease let, proper!
,n.l and personal, in 50 faf a.
Y same MAY be incidental to It's ooJo
n - ,.1,,,i,ses This corporation
n. fnrrher organized Tor the PurpoTSts,,
4 acquiring the assets OF Wy
- WEGS OIL COMPANY OF Jehhlh
Calcasieu parish, LouISlaiia' "
y,
SITTIISIHSAND DOLLARS $50, ooo.o
70 he nnid for in full paid up Cap
stock Of this Corp, ration, any anu
nresent corporation assuming al
% liabilities OF the said COMPANY
ARTICLE III.
The capital stock ofthis corp ora.
:. frsad at SIXTY THOUSAND Dol-1A
divided into Sixty Thousand 9h'
- OF par value OF one lJoiiai e' 90. of
on a transfere of all the asseVs VI
said Jennings OH. CoMPAN1 ~
|,,.,nratioyl, the Sixty lhousanu
l,rs Capital Stock of this Corpora
shall be issued to said conan
fnil paid. and in addition thefe'1
Corporation shall aseulne on
n ~ liabilities OF sald ,oli 1u,nS
|kN ;scne OF said stock and assunpuiS
80 ;ahilitv being taken and Coz
w eTe6 a fair, equitable, ana pr
aaniva1ent for the assets OF salu
nanv All transfers OF stock ShSt
made on the books OF the to.lpa
its Office in Jennings loulsi lalti q q;
- nn1v on surrender OF the cefIiI y
A0' o. LSs,onl, shall be signed by the /
9 49, and countersigned by sthe
- tary. .,,,,,r,,,v
NJ All the corporate powers Oh w
>N.. NORTON shall be vested IN anu
w cised by Board OF DlrEIool
III D0sed of seven stockhalders
M Fal, cted bv majority OF 'he =
W hn16e,,s on the third Tuesday OF
Nf of each year. conmene!HS W" ~
,H. year 1902. All such eiecttohs - -
w by ballot. under the superHI -,
~ three commissioner to DE APP
,M. Nv the Board of Directors, VINO
W ,.sceive all votes cast by the s'ou
w aus in person or by proxy, aI
AZ ebpii canvass and declare Ihe
<N 81 snch election. All such eI
- SbaI1 be held after due no1il
rherecf. given during thirty "a
-,---sss=.zs ,ionsly in a drinly or Weeklp
nnner. published in the "A "a;
IC P,aGHcas ieu. The BoaId OF ID
10 i,nrein named, as well as thos
o. neanently elected shall cont
&HH otiice until their successors d
puAl' oIncte6 in indicted. For 1he.
t;o,, Of any ano all business
~ 1T memcers Of said Boar
J, La n9snStitl,te a quorum: the sala
,.,,, on shall have the right 10 es.aD r
.,..r5,, Of such BYLAWS, rules anu !.s
WYE cSt1in ma which it may deem re 'ulShe
CosLets. support. management Inu , i,o
"a of the Corporation: it shail " y;
JAIL LII, q, ized to aopaint from tune 10 y
Ill no officers. agents and emplo!see,
VIII ~ he deemed necessary LOT
e"oe" we commencement and carrylhg y.
bmsiness of the Corporation:
likewise fix the compensatio
Ia them. as we'll as to the
rers pravided for by TINS :,
Atthe first meeting of SAID %
~, each annual election, I'd