The Lafayette gazette. [volume] (Lafayette, La.) 1893-1921, 1901-05-11


receive, sell, lease, we'll as to mortgage
hypothecate ar pledge. property, both reif
and personal, corporal or incorporal, rights
and credits, AND all such chooses in action in
such manner as may be allowed by the laws
Of the State of Louisiana, or in any other
State of the United States; to issue bonds.
Promissary notes, or 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, resignation, absence or
inability to act, or other sufficient cause, as
we'll as for their discharge; to make and
establish such y-laws, rules aud regulations
for the conduct of its affairs as NAV be
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
ing out of the objects and purposes of this
corporation.
ARTICLE III.
The objects and purposes for which and
each of which this corporation is formed are
to purchase, take on lease, otherwise ac
quire mines, mining rights and privileges,
or lands in the parish of St. Martin, State
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, smelt, refine.
dress, amagamate 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, required by workmen
or Others employed in this corporation; to
construct, carry out, maintain, improve,
manage, work, control and superintend.
any roadway, tramway, pipe lines. railway,
steam ships and sailing vessels, tanks,
servors, 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 achines 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 or any
earthly matter, and mine, manufacture, buy,
sell, trade and deal in, and any and every
gaseous and other ingredient, material
substance, entering into the manufacture, or
used in conjunction Herewith, used in or
relating thereto: to purchase, acquire, hold,
lease and operate, and to sell, lease and
dispose of, to such persons persons, cor
poration or corporations, and at such price
or prices, and on such terms and conditions
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 or liabilities of any person, firm,
association corporation engaged therein
or holding any part in similar objects and
purposes: to do all and everything suitable,
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 ".
The capital stock of this corporation is
hereby fixed At the of TWO HUMID
DRIED THOUSAND DOLLARS $500, ooo)
divided into TWO HUNDRED THOU
SAND SHARES of the par value of ONE
DOLLAR (SI) each, which shares shall be
paid for in money or its equivalent in real
or personal property, in such manner and
on such terms 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, and
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 a PRESIDENT vice-president, secretary,
treasurer and general manager. All the
corporate powers of this corporation shall
be vested in and shall be exercised by
Board OF Directors composed of SEVEN
members. to be elected by majority of the
stockholders of this corporation, ON the