The Meridional. (Abbeville, La.) 1856-1906, 1903-06-13
CHI
or THE
Abbeyille Oil
Co. Ltd.
State of Louisiana,
Parish of Vermiiion.

awaiting themselves of the provi sions of the laws
of the State of Louisiana relative to the organiza-
ton of corporations and all laws supplementary
or amendatorv thereto, they have severally and
mutually agreed and covenanted among; them
selves and with each other to Eorm, constitute aud
organize, and do by these presents form, consti.
tute and organize themselves into a corporation for
the objects and purposes and under the
stipuiatioRS and agreements herein after set forth
and expressed
Article +
: The name and title of this organization shah be
'"The Abbeville Oil Company, Limited" and it
shall have and enjoy existence and succession in
ITS corporate name tor the full period of ninety
nine (9o) years from date of this charter. unless
sooner dissolved in the manner hereinafter pro-
vide6
Article II
The domiciFe OF this corporation shalt be in Alb
wife, Parish OF Vermilion State Of Louisiana All
citations and legal process shall be served on the
president OF the company, or in the event of his
absence or inability to act then upon the vice
president, or in case of The absence of both said
officers or their inability to act, then upon the see.
rotary
Article Iii
This corporation shall have the power to sue and
be sued and to contract; to make and use a corpo-
rate seal, and the same to alter or break at pleas
ure to purchase, hold, receive, sell lease as wei
as mortgage, hypothecate. or pledge property
both real or personal, corporal or incorporaf,
rights and credits, in such manner as may be al.
lowed by the State of Louisiana, to issue bonds,
promIssory notes, or other evidence of indebted.
ness; to name, elect and appoint all such off
GERS, directors, managers and agents, as the int.
rest and convenience of said corporation NAV re-
qulre and provide for their payment, removal,
substitution, IN case of death, resignation or alb.
sence or inability to act, or other sufficient cause
as well as for their DISCHARGE; to make and estsi,.
lish such bylaws, rules and regulations for the
conduct OF its affairs as may be necessary, conye-
nlens 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
carrying out of the objects and purposes of this
corporation
Article Nv
The objects and purposes for which this corpo-
ration Is organized are declared to be: To rur-
chase, receive, hold, lease or otherwise acquire
mines, mineral lands mining rights, claims and
privileges, or land, in the State of Louisia1ra or
elsewhere. and to propecty explore, examine, tess
and develop, open, work or in anv manner use or
surn same to advantage ; to prospect and search
TOR natural gas, oil, petroleum, coal salt, sulphur
or other mineral or elements of use or value and
70 investigate, examine, and to drill, bore, dig or
PUT down such wells, pits or shafts as may be
6eeI1eo expediert for that purpose; to mine, dig,
blast, excavate, pump, or otherwise obtain or pro-
cure natural gas, oil petroleum, coal, sulphur CT
other mineral or substance of use and value, and
10 prepare, purify, refine, manufacture transport,
convey, store, warehouse. sell or otherwise use or
dispose OF same to drill put down. excavate or
make ana to maintain. repair, operate and work
dhF "Slls, SnaltS. mines Or works that nav be
necessary or convenient to accomplish and carry
on the OBJECTS and purposes herein yet forth /, and
10 ouiid, erect, make maintain and operate any
houses. pumps machinery, apparatus, |
WORKS, raliroads not common car ISIS. tr.mways,
canals, ievees, reservoirs, pipe line, tanks. or other
wings tnat may De necessary or expedieRt TO ac-
eompiisb and carry on the objects and purposes
herein set forth andin general to do any act or
ghfhe necessary, convenient or Incidental 10 the !
accomplishment OF the objects and purposes s4 !
sOEth herein
Article v
The capital stock of this corpora ton IL hereby
atthe sum OF Two Hundred and Fifty Thou.
SAND Dollars, divided into two hundred and fifty
each which shares SHALL be paid tor in monev az
IT'S equivalent in personal OF real property, or sen.
sices rendered, and in such manner or on such
as may be directed BY the Board of Direct
ors, provided however that this Company NAV
business after not less than fen Thou
sand Dollars of stock shall have been subscribed
All transfers OF stock shah be made on the books
the company at its Office in Abbeville, Louis
ana, and on surrender of the certificate therefor
transfer shall be made and no certificate issued
sxcepI for full paid stock All certificates shall be
signed by the president and couRtsrsignca by the
,ecretary
Article VI
The officers of this corporation shall consist of a
rtesioent, a VICE President, a Secretary and a
All the corporate powers of this corno-
alton shall be vested in and shall be exercised by /
Board OF Directors composed of nine members
2 De selected by a majority of the stockholders of
ms corporation on the second Thursday OF the !
month OF July of each successive year after the
ear, $ 1921 the first election under this charter
Q De heid on the second Thursday of July, 1904
All such elections shall be made by ballot at
ne domicile of this corporation under the
OF three commissioners to be an
'ointed by the Board of Directors. who shall
eceive all votes of stockholders authorized to
ote at such elections, in person. or BY u ,oxv.
nd who shall canvass and declare the result of
ueh election; the said electiok for board of Di.
ectors are to be held after 20 DAYS notification
hereof given by the secretary of this corpora.
ion by written notice addressed and mailed to
ne stoGkholders at their usual post Office and
in the Parish Of Vermilicn State Of
1t is however provided that the
.oard of Directors hereinafter named to cousti.
! - inc hrst BOARD OF Directors of this corpora
as Wen as those subsequently elected
nder these articles of Incorporation shall con
IN ONCE until their successors shall have
cen elected and duly indicted into office.
TOT me transaction OF any and all bust
lemDers OF the Board of Directors shall
a quorum, and at the first
leeIlng OF SAID Board. after the first an
,uaI eleeti0h ~herelnabove provided for,
ney shall elect from their members a
resident, Vlce-Preside a Secretary
,an 3 1Feasurer and such other officers as
De provided for in the bylaws of
ms corporation, and SAID Board of Direc-
n their successors shall be author
1sa 10 appoint from time to time such
iDcefsI. agents and employees as thew
ray deem necessary for the proper
lanagement and carrying out Of the
asllless OF their corporation and shall
" h1 the compensation of such
gents; officers and employees. and shall
ave the right to establish all such by
aWs, rules and regulations which NAV be
eemed requisite for the support,
engagement and regulation of this eorpo-
etlon Ihe offices Of Secretary and Treas
r H1 may be held by the same person
Inc president shall be the executive Of
ger, and when present he shall preside at
u meetings. and he is hereby authorized