The weekly messenger. [volume] (St. Martinsville [i.e. St. Martinville] La.) 1886-1948, 1902-09-06

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 IT ninety nine
800 years from this date. IL shall have
tn. power tn contract. sue and be sued,
hold. receive. lease. purchase, convey
and mortgage both real AMI personal
property, to own, build and operate
steamboats, and steamships. tanks. pipe
lines and railroads az may be necessary
for thu purposes Of this Corporation. and
to do and perform all acts required. aud
necessary to carry out the objects and
purposes of this Corporation.
ARTICLE III.
The capital Stock of this Corporation
is hereby fixed At One hundred thousand
dollars t$lO9.OOo.OO) divided in two thou
sapd shares of Fifty dollars $4,000
each. The certificates of stock to b.
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
Beard Of Directors may determine. All
transfers of stock shall have to he made
on the Books of this Company.
OF the $1O0.O0O.O0 capital stock. eigh-
teen thousand dollars (SlS.000,OO) snail
remain as treasury stock, to be disposed
of by the Board of Directors.
ARTICLE ".
AL corporate powers Of this Corpora
~ ton are vested In Board Of Director.
scomposed Of -Four Stockholders, three 81
of whom shall constitute quorum fol
= the transaction of business; they sllal
4 be elected on the first Monday Of Sep
y tember 1904. and annually thereafter
= The manner of conducting the business
= of said Corporation shall be regulated
= by the bylaws to be adopted by sail
. Board. The Officers of this Corporation
d shall be President. "A Vice President
and Secretary who shall be Treasurer
said officers to be elected by the Board q
Directors from among their members
Until the first election as above proyi
ded, the following stockholders shall
constitute the Board of Directors. TO- wit
Martin j. VOORHEES,, j. Maurice Olivier
Fernand S. Broussard and Dan. W. Voc
rhies: the officers to be Martin ]. Voc
rhies. President; j. Maurice Olivier, Vic
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 ill 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
y tore. 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.
" may think proper aud right, to carry OF
l. the objects and purposes Of this Corpor
d alton. and to tx tie salaries Of Officer