The Meridional. (Abbeville, La.) 1856-1906, 1901-06-08
COMPANY, LIMITED.
United States of America,
State of Louisiana, Parish of VerInilion.

State of Louisiana, Parish of VerInilion.
Be it remembered, That on this, the
27th day of April, Ann Bomini, one
thousand, nine hundred and one:
Before me, George West Summers, a
Notary Public, duly commissioned and
qualified rs such, in and for the Parish OF
Vermilion, State of Louisiana, and in
presence of the undersigned competent
witnesses:
Personally came and appeared the sew
teral persons whose names are hereunto
subscribed. who seyerally declared, that
availing themselves of the Laws of the
State of Louisiana, in such cases made
and provided, they nave contracted and
agreed and 10 by these presents covenant
and agree and bind themselves as well as
all such persons as may hereafter become
associated with them to form a corpora,
ton for the objects and purposes and
under the articles and ~stipulations, to-
wit:
ARTICLE L.
The name of said corporation shall be
the NERMlLlON MINERAL Oil
COMPANY, LIMITED, and under its said
corporate name shall exist and have sue
ecession for ~ninety-nine years from the
date hereof: it shall have power TO
acquire property, lease, pledge, purchase
and convey as well as mortgage and
thy pothecate property and rights OF
different kinds: to contract, sue ana be
sued and to haveall powers conferred by
law IN corporations.
ARTICLE II.
The domlcile of said corporation shall
be in the Town of Abbeville, Nermllion
Parish, State of Louisiana, and all cita-
tions or legal process shall be served
upon the President of said corporation
or iii the event of his absence, upon the
Vice-President thereof, and in the alb
.sence of both of said officers upon the
Secretary of said corporation.
ARTICLE III.
The objects of this corporation are to
prospect and bore for Oil, Gas and
Minerals Of all kinds on lands situated III
the Parish of Yermilion, State of Louisi,
ana. to be by them leased, owned OF under
their control. and 10 refine, buy, sell or
traffic in all products that may be of
advantage to said Company relative to
their line of business under this Charter.
To enter into any and all contracts that
may be incident to or convenient in the
carrying out the object and purposes of
this corporation.
ARTICLE ".
The capital stock of this corporation is
hereby fixed at one hundred and fifty
thousand ($150, 900. 00) dollars, divided
iHiO JIG HuINlIcu dUi Hlbf i1lOtSdiIu
shares of one ($1 00l dollar each and all
Certificates of stock to be signed by the
President and Secretary, to be paid i'll
money or III property or rights in such
manner as the Board Of Directors may
determine.
as soon as three Thousand $500, 000. 0ol
dollars shall have been subscribed and
paid up.
No stockholdersin this Company shall
ever sell any shares of stock held by him
until he shall AVE first offered the same
to the other Stockholders, who shall have
the refusal thereof, and all transfers
shall be made on the books OF the Com
pany.
ARTICLE v.
All corporate powers of this Corpora
ton are vested in a Board uf Directo $
composed of eleven Stockholders, IL
majority of whom shall constitute u
quorum 20 transact business: they shall
be electedon the FIRST Monday of April 1902,
aud annually thereafter. The election
shall be by ballot and each share shall be
ieI TITLED to one vote.
The hIanne of conducting the business
of said corporation sh Ill be regulated by
the Bylaws to be adopted by SAID Board.
The officers of said corporation shall be:
a President, u Vice-President, "a Secretary
and u Treasurer.
Ontil tle HTsb eIecbloh Ine following
stockholders shall constitute the Board
of Directors. to-wit: +. Gor1y Jr.,
Eli Wise, William P. Edwards, William
Ii. White, Clarence j. Edwards, Edwin
NJ. Stebbins, Alfred J. GODDARD, Daniel l..
Mcpherson. Frances L. Foote, Joseph Il.
Labit and Lastie Q. Broussard; of which.
Min0s I. Gordy Jr. shall be President.
Eli Wise shall be Vice President, Joseph
II. Labit shall be Secretary and C. J..
Edwards, Treasurer.
The Board of Directors shall ADOPT such
bylaws as may be necessary to carry ON
the business of said corporation and they
shall till any vacancy occurring among
their members.
ARTICLE vi.
The meeting of the Board of Directors
may be called at any time by the President
or by two Directors on such notice as the
Bylaws may prescribe. The annual
meeting of the stockholders shall be held
on the first Monday of April annually;
u call meeting of the stockholders at
any time for any lawful purpose upon
notice as the BYLAWS may prescribe.
ARTICLE VII.
No stakeholder shall he held responsible
for the contracts of this corporation i'm
any further sum than the amount repre-
opAb''t w hHo uupdIu ObldIlCS VI Ills SUI
scription of shares.
ARTICLE VIII.
This act of Incorporation may be
amended with the assent of three-fourths
of the capital stock represented at q
general meeting to be convened after due
notice of thirty days publication in d
newspaper at domicile of said Company
or may be dissolved at o like meeting by
consent of four-fifths of the stockholders.
ARTICLE IX.
Upon the dissolution of said corporation
by limitation or otherwise, its affairs
shall be liquidated by three Commission
ers to be apnointed by the s~tnckhnlders