The weekly messenger. [volume] (St. Martinsville [i.e. St. Martinville] La.) 1886-1948, 1902-08-30

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 and lease boring |
outfits and other machinery required for
the boring of wells. sinking Of shafts
and 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 seal, and under its name and
style above designated shall have and
enjoy corporate existence and succession
for the term and period II ninety nine
(9O years from this date. 1t shall have
tn. 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. pipo
lines and railroads as may be necessary
for the purposes Of this Corporation. and
to do and perform all acts required. and
necessary to carry out the objects and
purposes Of this Corporation.
ARTICLE III.
The capitol Stock Of this Corporation
Is hereby fixed at Que hundred thousand
dollars ($l0O.OOO.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 az the
Board Of Directors may determine. All
transfers of stuck shall have to be made
on the Books of this Company.
OF the $100.OO0.OJ capital stock. eigh-
teen thousand dollars ($lS.O00,OO shall
remain "a treasury stock, to be disposed
Of by the Board of Directors.
ARrICLH4v.
All corporate powers Of this Corpora
ton are vested in a Board Of Directors
composed of Four Stockholders. three (3)
of whom shall constitute quorum for
: the transaction Of business; they shall
: be elected on the first Monday Of Sep
y TENDER 1904. and annually thereafter
: The manner Of conducting the business
: Of said Corporation shall be regulated
= by the bylaws to be adopted by Paid
: Board. The OiBcsrs Of this Corporation
\ shall be President. Vice President
and Secretary who shall be Treasurer
said officers to BE- elected by the Board Of
directors from among their members
3Dntil the first election as above prOvi
Ned. the following stockholders shall
constitute the Board Of Directors. to-wit
Martin ]. VOORHEES,, j. Maurice Olivier
Feruand S. BrOussard and Dan. W. Voc
rhies; the ofi:ers to be Martin j. vOo'
rhiee. President; ]. Maurice Olivier, Vie,
President and Dan. W. VOORHEES,. Secre
Il tary and Treasurer; all officers to remain
u In Office until their successors are cleo
ted and qualified.
The Board of Directors shall oil va
vancies occurring amongst the officers
also amongst their members. Meeting
D. of the said Board may be called at an.
time by the President or by two Direc
" tors. on such notice as the Bylaws ma.
ID prescribed. The said Board shall hav
s. the power to employ all necessar.
y agents. attorneys or others whom the.
Dr. may think proper and right, to carry OF
T. the objects and purposes of this Corpor
ID alton, and to AZ the salaries Of Officer
and employees.
ARTICLE v.