The Lafayette gazette. [volume] (Lafayette, La.) 1893-1921, 1901-06-08
objects and purposes of this corporation.
ARTICLE III.

objects and purposes of this corporation.
ARTICLE III.
The capital stock of said corporation is |
hereby fixed at one hundred thousand |
($Ioo, ooo) dollars divided into one hundred |
thousand (Ioo, ooo) shares of one dollar |
each ($I .oo), par value and no less than one
hundred (Ioo) shares sold. Certihca tes 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
soon as twelve thousand ($I2ooo) dollars
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 same 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, 1908, and hi -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 shall be regulated by the bylaws to be
adopted by said board. The officers OF said
corpor alton shall be a president, vice
president and a secretary, who shall also be
treasurer. Until the first election, the fol-
Board of Directors, viz: A. A. Liable. M.
Billeaud, Jr., J. A. Roy, J. II. Bernard,
Geo. Malagarie, Therance Girouard and @.
r. DeLaureal.
Geo. Malagarie vice-president; and J. Gilbert
St. Julien secretary and treasurer.
The Board of Directors shall adopt such
bylaws as may be necessary to carry on
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
The stock shall be worcestershire and no
stakeholder shall be held responsible for the
contracts of this corporation or any further
sum than for his share of stock sub
scribed.
ARTICLE vi.
This act Of incorporation may he amended
with the assent of three-fourths of the stock
holders at general meeting to be convened
after due notice of thirty days publication in
newspaper at the domicile of said COM
pany published in the parish. With the
same formalities, it may dissolved at a like
meeting by consent of four-ffths of the
stockholders.
ARTICLE VII.
Upon the dissolution of said corporation
by limitation or otherwise, its affairs shall be
liqudated by three commissioners to be APP
pointed by the stockholders, who shall fix
their compensation.
ARTICLE VIII.
The Board of Directors shall have
thorty to issue bonds when authorized to do
SO by two third vote of the stockholders
,1aV led fort hat,
represented either in person or by proxy at
said meeting.
ARTICLE TX
OF the one hundred thousand ($Ioo,ooo
thousand dollars shall remain as treasury
stock to be disposed of by the Board of
Directors.
ARTICLE X
This corporation shall have the right to
do business in and out of this State and to
do all things necessary to operate and trans
port their product, such as building rail-
roads, tramways, pipe lines, stations, barges
and steamboats, and operating the same.
With the express provso that no lease or
said company shall be subject to be sold
or transferred except by mutual consent of
the lessor and Board of Directors. And all
stock unsold shall be treasury stock.
Besides the notices by publication required
in this charter, it shall be the duty of the
secretary to give individual notice to the
directors and stockholders whenever meet
ings are called.
Thus done and passed at Broussard, La
fayette parish. La, on the date first above
mentioned, in the presence of Messrs. H.
Billeaud and l.. F. ST. Julien, competent
witnesses, who have signed these presents
with the contracting parties and me notary
after due reading of the whole.
J. GILBERT ST. JULIEN,
NJ. BILLEAUD, JR.,
GEO. MALAGARIE,
THERANCE GIRoUARD,
J. A. Roy,
J. II. BERNARD,
A. A. LIABLE,
G.. X. DELAUREAI,
SIDNEY GREIG,
Notary public.
WITNEssEs:-H. B1LLEAUD, l.. F. ST..
JULIEN
State of Louisiana, Parish of Lafayette.
| Having carefully examined the Charter of
| the Cote Gelee Hills Oil and Development
Company, Limited, and finding that none of
| its provisions are contrary to or in conflict with
| the laws of the State of Louisiana, have
| approved the said Charter.
| VIM. CAMPBELL,
| District Attorney 18th Judicial District of La.
Lafayette, La, May 8, 1901.