The Lafayette gazette. [volume] (Lafayette, La.) 1893-1921, 1901-06-01

real and personal property, and rights of
different kinds; to contract, sue and be sued,
and to have all the powers conferred by law
on corporations.
It's domicilc shall be at Broussard, La.
Citation shall be served on the president of
the company in his absence. on the vice.
president.
ARTICLE IL.
The objects of this corporation to
prospect and bore for oil, gas, and minerals
of all kinds, on the lands leased or owned,
or which said company has certain rights,
whether said lands are in the parish of La
fayette or elsewhere, 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 all contracts that may be incident
to convenient IN the carrying out of the
objects and purposes of this corporation.
ARTICLE III.
The capital stock of said corporation is
hereby fixed at hundred thousand
($Ioo,ooo) dollars divided into one hundred
thousand (Ioo,ooo) shares of one dollar
hundred (Ioo) shares sold. Ceruhcates of
stock to be signed by the president and sec
Rotary and treasurer; and to be paid in cash.
The company may commence business as
of stock shall have been subscribed in the
| treasury. The directors shall have the right
| to increase said stock. No stock holder of
this company shall have the right to sell any
shares of stock held by him until he shall
| have first offered the to the other
stockholders who shall have the refusal
thereof. All transfers shall have to be
made on the books of the company.
| ARTICLE ~.
All corporate powers of this corporation
are vested in board of directors composed
of seven stockholders, four of whom shall
constitute quorum to transact business;
they shall be elected on the first Monday in
| May, 1903, and b-annually thereafter. The
| election shall be by ballot: and each share
shall be entitled to one vote. The manner
| of conducting the business of said corpora
ton sha be regulated by the bylaws to be
adopted by said board. The officers OF said
corpor alton shall be president, vice
president and a secretary, who shall also be
| treasurer. Until the first election, the fol-
| lowing stockholders shall constitute the
Board of Directors, viz: A. A. Liable. M.
Billeaud, Jr., ]. A. Roy, J. H. Bernard,
Geo. Malagarie, rherance Girouard and G..
| r. DeLaureaf
Geo. Malagarie vice president: and ]. Gilbert
| St. Julien secretary and treasurer.
| The Board of Directors shall adopt such
bylaws may he necessary to carry on
| the business of-Said corporation, and they
shall fill any vacancy occurring among their
! members. The meeting of the Board of
Directors may be called at any time by the
president or by two directors on such notice
| nual meeting of the stockholders shall be
held on the first Monday of May bi-annu-
ally.
The president or any six stockholders
can call meeting of the stockholders at any
time for any lawful purpose upon notice as
the bylaws may prescribe.
ARTICLE v.
| The stock shall be on-assessable and nc
stakeholder shall be held responsible for the
contracts of this corporation any further
thor, f>r Shor, IF Str H.
scribed.
ARTICLE vi.
This act of incorporation may be anne nded
with the assent of three-fourths of the stock.
holders at general meeting to be convened
after due notice of thirty days publication in
a newspaper at the domicle of said com
pany published in the parish. With the
same formalties, it may dissolved at like
stockholders.
ARTICLE Vii.
Upon the dissolution of said corporation
by limitation otherwise, its affairs shall be
pointed by the stockholders, who shall fin
their compensation.
ARTICLE VIII.
The Board of Directors shall have au
thority to issue bonds when authorized to dc
SO by two third vote of the stakeholder:
at a regular meeting called for that purpose
represented either in person or by proxy a
said meeting.
| ARTICLE TX.
| Of the one hundred thousand ($IOO, 900
dollars capital stock twenty five ($25,oo
thousand dollars shall remain treasury
stock to be disposed of by the Board O.
Directors.
ARTICLE X.
| This corporation shall have the right L
do business in and out of this State and tt
do all things necessary to operate and trans
port their product, such building rail
roads, tramways, pipe lines, stations, barges
and steamboats, and operating the same
With the express proviso that no lease O.
mineral option granted, donated sold t.
or transferred except by mutual consent o
stock unsold shall be treasury stock.
Besides the notices by publication required
, in this charter, it shall be the duty of thu
secretary to give individual notice to thu
directors and stockholders whenever meet
ings are called.
Thus done and passed at Broussard, La
fayette parish, La, on the date first allow
mentioned, in the presence of Messrs. IL
Billeaud and L. F. ST. Julien, competen
witnesses, who have signed these present
with the contracting parties and me notar
i after due reading of the whole.
J. GILBERT ST. JULIEN,
M. BILLEAUD, JR.,
GEO. MALAGARIE,
THERANCE GIRoUARD,
J. A. Roy,
J. H. BERNARD,
A. A. Liable.
G. II. DELAUREAL,