The Meridional. (Abbeville, La.) 1856-1906, 1901-06-15
COMPANY, LIMITED.
United States of America,
State of Louisiana, Parish of Vermilion,

Thousand, nine hundred and one.
Before me, George West Summers. a
Notary Public, duly commissioned and
qualified as such, in and for the Parish of
Vernilion, State of Louisiana, and in
presence of the undersigned competent
witnesses:
Personally came and appeared the sew
eral persons whose names are hereunto
subscribed, who seyerally declared, that
awaiting themselves of the Laws of the
State Of Louisiana, in such cases made
and provided, they have contracted n
agreed and do 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 IL
under the articles and stipulations, to-
wit:
ARTICLE IT,
The name of said corporation shall he
the VERMILION MINERAL AND OIL
COMPANY, LIMITED, and under it's said
corporate name shall exist and have sue
cessiOn for ninety-nine years from the
date hereof: it shall have owe to
acquire property, lease, pledge, purchase
and convey as well as mortgage and
hypothecate property and rights of
different kinds: to contract, sue and be
sued and to have all powers conferred by
law on corporations.
ARTICLE III.
The domlcile of said corporation shall
be in the Town of Abbeville. Vermilion
Parish, State of Louisiana, and all cita-
tiOns or legal process shall be served
upon the President of said corporation
or in the event of his absence, upon the
Vict-President thereof, and in the all
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 in
the Parish of Vermilion, State of LOuisi.
ana, to be by them leased owned or under
their control. and TO 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 $3.50, O00. O0l dollars, divided
into one hundred and fifty Thousand
shares of one ($l 0Ol dollar each and all
Certificates of stock to be signed by the
President and Secretary, to be paid in
money or i'll property or rights in such
manner as the Board of Directors may
determine.
This Company may commence business
as soon as three Thousand (S300, 600 0)
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 have first offered the same
to the other stockholders, who shall have
shall be made on the books of the Com
pany.
ARTICLE v.
All corporate powers of this Corpora
tion are vested in a Board of Directors
composed of eleven stockholders, a
majority of whom shall constitute ii
quorum 70 transact business: they shall
be elected on the first Monday Of April, 1902,
aud annually thereafter. The election
shall be by ballot and each share shall be
eI Titled to one vote.
The manner of conducting the business
of said corporation sh I'll be regulated by
the bylaws to he adopted by SAID Board.
The officers of said corporation shall be-:
a President, q Vice-President, II Secretary
and d Treasurer.
Until the first election the following
stockholders shall constitute the Board
of Directors, t0-wit: MT. GOrly Jr.,
Eli w iSe, lllldm L. EuWttrlS, W1llldln
i. White, Clarence j. Edwards, Edwin
NJ. Stebbins, Alfred J. GODDARD. Daniel L.
Mcpherson. Frances I. Foote. Joseph T.
I.abit and Lastie u. Broussard !; of which.
Mtn0s Il. Gordy Jr. shall be President,
Eli Wise shall be Vice President, Joseph
T. 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 fill any vacancy occurring among
their members.
ARTICLE vi.
The meeting of the Board of Directors
may be called ut any time by the President
or by two Directors on such notice as the
By. Laws may S prescribe .. The a annual nas
on the first Monday of April annually;
the President or any four stockholders
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 be held responsible
for the contracts of this corporation in
any further SUN than the amount repre-
sented bv his unpaid balance of his sub
scripti0n of shares.
ARTICLE VIII.
This act of incorporation may be
amended with the assent of three-fourths
of the capital stock represented at Il
general meeting to be convened after due
notice of thirty days publication in a
newspaper at domicile Of said Company
or may be dissolved at a like meeting by
consent of four-fifths of the stockholders.
ARTICLE y
Upon the dissolution of said corporation
by limitation or otherwise, its affairs
shall be llQuidated by three Commission
ers TO be appointed by the stockholders
who shall fix their compensation.
ARTICLE