The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1908-05-09
-CHARTER Of
THE UNDERWOOD Oil co.
State of Louisiana,
Parish Of st. Mary.


Parish Of st. Mary. (
Be it known thet on this 18th, day .
April, A. D.. Nineteen Hundred and Eigh
(13OS). before me, l.. O. Pecet, a NOtar.
Public duly commissioned and qualified
within and for the Parish of st. Mary
State of Louisiana, and in the presence o.
the witnesses hereinafter named and under
signed, personally came and appeared The
persons whose names are hereuntO sub.
Scribed as the incorpOratOrs hereof, who
severally declared and acknowledge that
laws of this State relative to the Organiza.
ton of corporations Of limited liability and
all laws supplementary and amendatOry
thereto, they have mutually agreed and dc
by these presents mutually and severally
agree and covenant among themselves and
with others to form, constitute and organize
themselves and the persons who may here
after become associated with them herein
to corporation under the name and for
the objects and purposes and upon the
conditions and stipulatiOns hereinafter set
forth and expressed in the following
articles, viz:
ARTICLE II.
This corporation does and shall bear the
name of the UNDERWOOD OIL CO.. and
by and in this name this corporation shall
have power to exist and enjoy succession
for the Of period of Ninety mine years from
the date of this Charter.
ARTICLE III.
The domiciie of this corporation is and
shall be IN the Town of Franklin, Parish of
1t. Mary, Louisiana. and all citations and
other legal processes sh&ll be served upon
the president, and in the event of his
absence upon the vice -president, and In the
event of the absehce of both of these of.
ficers. then upon the secretary.
ARTICLE Ill.
The objects and purposes for which this
corporation is organized are to drill for.
produce, deal in, purchase, sell and other
wise dispose of natural gas and petroleum,
and therefore to purchase, lease or other
wise acquire lands and tenements, mines,
and mining privileges Of leases and con-
struct, maintain and operate and control
and superintend any roadway, tramway.
pipelines, warehouses, reservoirs, storage
tanks, and other means OF TRANSPORTING.
storing and dispensing of its products; and
it shall have all such other powers and
privileges ~ are incidental to or that NAV
directly Orindirectly serve the main objects
Of this corporation.
And this corporation shall therefore have
power to sue and to be sued, to contract
and to be contracted with. to make ard |
adopt II corporate seal. and the same to
break or alter at its pleasure, to hold. re-
ceive, rent, purchase, sell convey. mortgage
and otherwise acquire or ALLEVIATE or nv.
pOthecate property of every lind and |
whatsoever, in its corporate |
name; to borrow and loan money, to ex-
ecnte notes and other instruments negotia.
bic or non.negotiable, and to secure the
same or take securities therefor in mort
cages, pledges. liens and other form, also to l
name and appoint such officers, directors.
managers ana agents as The cOnvenences
a this corporation may demanu. and TO fix
% cir compensation; to make and establish,
md to alter and amend at will such rules
and regulations and 10y laws as the interests
= TINS corporation may require; to coz
,0lldate with other corporations; and TO do
Ill such other things AS may be deemed
necessary in carrying out the objects and
purpose and ia conducting the business Of
his corporation; and to do all such other
bings as may be deemed necessary in
'arrying out the objects anG purpose and in
OF this corporation.
ARTICLE w.
The capital stock Of this corporation is
lXed at Three Thousand Dollars ($;}UOV COY
ivided into Three Thousand shares OF the
ar value OF one dollar ($l.OO) per share:
ehich shall be paid for in cash money or its |
Yulvaient IN real estate or personal prop.
rty, IN such manner and at such times as !
ne Board u directors shall require, and I
his Corporation shall commence business I
al DC going concern from the time all its
;Ock Is subscribed for. y
All transfers Of stock of this corporation 3
lalI De made upon the books of this
'rporati0n by the owner or his authorized
gent, and shall not otherwise be re-
'gnized. All certificates Of stock SHALL
signed by the President and Secretary.
ID no certificate shall be issued nor
ansfer OF stock made except for full paid
ock. PCS"
ARTICLE V.
All OF the powers Of this Corporatinn O.
all be vested in and exercised by o.
bard OF Directors composed Of Five (5l O1
OckhOlders. who shall be elected an ri
tally on the third Monday In Aprll az Ii
en- year commencing with the wear =
neteen Hundred and Nine tl99l. NV C
Hot and under the direction Of two q
'ction commissioners appointed ~ the NJ
ard at sa,d annual meeting, at which re
cry stockhOlder shall be entitled to M ns
NY votes % he has shares fstock stand a,
. IN his name upon the books of the -
npany, to be cast either in person or by
ltten proxy. and three members Of the NC
lrd OF directors shall constitute 4 QUO So
for any ordinary business. Vacan. 23
occurring on the board Of directors
u be filled at and by special meeting
Dc called for that purpose after ten
. notice published in any ncwsDaper
iished Il Franklin, Louisiana. snd
q wrltfen notice mailed TO each share. lol
ler . aeans sen days prior to said pa