The weekly messenger. [volume] (St. Martinsville [i.e. St. Martinville] La.) 1886-1948, 1902-08-23

ton is formed, are declared to be and |
are as follows. tO-wit:
To develop the timber, oil, gas, salt
and mineral lands of the State OF Lou
lsiana; to buy, lease. sell and mortgage
lands; to lease acquire and contract for
mineral rights and privileges; to bore
and cause to be bored deep wells. sink
necessary shafts. own aud lease boring
outfits and other machinery required for
the boring Of wells. sinking Of shafts
aud mining Of minerals. and generally
to do aud perform any and all acts, as
may be required in search Of and for
developing oil, gas and minerals of all
kinds, and the manufacture OF same in
to commercial products ready for sale.
This Corporation shall have authority
to adopt a seal, and under its name and
style above designated shall have and
enjoy corporate existence and succession
for the term and period Of ninety nine
500 years from this date. II shall have
thu power to contract. sue and be sued,
hold. receive. lease. purchase, convey
and mortgage both real and personal
property, to own, build and operate
steamboats, and steamships. tanks, pipe
lines and railroads IA may be necessary
for the purposes of this Corporation, and
to do aud perfoI m all acts required, aud
necessary to carry out the objects and
purposes Of this Corporation.
The capital Stock Of this Corporation
is hereby fixed at One hundred Thousand
dollars ($1OO 900 OO) divided in two thou
sand shares of Fifty dollars $4,000
each. The certificates Of stock to be
issued by the President, Secretary and
Treasurer. All stocks are payable in
Cash, lands. rights or services. in such "a
manner and in such amount as the
Board Of Directors may determine. All
transfers Uf stock shall have to be- made
on the Books Of this Company.
OF the $1OOOO0OO capital stock. eigh-
teen thousand dollars (flS000,OO) shall
remain as treasury stock. to DO disposed
OF by the Board Of Directors.
ARTICLE ".
All corporate powers Of this Corpora
tiOn are vested in Board Of Directors
composed Of -Four Stockholders, three (3
of whom ehall constitute a quorum for
the transaction Of business; they shall
be elected on the first Monday Of Sep
tember 1904 and annually thereafter.
The manner Of conducting the business
, Of said Corporation shall be regulated
by the bylaws to be adopted by said
Board. The Officers Of this Corporation
! shall be President. Vice President.
and a Secretary who shall he Treasurer;
said officers to be- elected by the Board Of
Directors from among their members.
Until the first election as above provi-
ded, the following stockholders shall
constitute the Board Of Directors. to- wit:
| MAJ Jill Js SOViuIVS, d. HtdutiCO Oii'iVb
Fernand s. BrOussard and Dan. W. Voc
rhies; the officers to be Martin j. Voc
rhies. President; j. Maurice Olivier. Vice
President and Dan. W. VOORHEES,. Secre-
tary and Treasurer; all officers to remain
in Office until their successors are cleo
ted and qualified.
The Board Of Directors shall Ill va
vancies occurring amongst the officers,
also amongst their members. Meetings
Of the said Board may be called at any
time by the President or by two Direc-
tors. on such notice az the Bylaws may
prescribed. The said Board shall have
the power to employ all necessary
agents. attorneys or others whom they
may think proper and right, to carry on
the objects and purposes of this COrpor
alton, and to fix the salaries Of Officers
and employees.
ARTICLE
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