The weekly messenger. [volume] (St. Martinsville [i.e. St. Martinville] La.) 1886-1948, 1908-09-26
CHARTER.
STATE OF LOUISIANA \
PARISH OF ST. MARTIN I

the inOItH III ocpleHuUtI -. H. Two.
Before me, James j. Martin "a Notary
Public duly commissioned and qualified
in and for the Parish Of st. Martin State
Of Louisiana. and in the presence Of the
witnesses hereinafter named and under
signed:
Personally came and appeared Dan. 7.
Martin, Geo. l.. Roger. Robert Martin.
Evans Guidr0z and ". A. Mackenzie who
declared unto me. Notary, in the presence
Of the witnesses hereinafter named and
undersigned. that desiring to avail
themselves Of the laws Of this State re
lative to organization Of Corporations,
and to acquire the rights. and privileges
Of q body Corporate. they do form them
selves into "a Corporation under the name
and style. and for the purposes herein
after set forth.
ARTICLEI.
The name 0f the Corporation shall be-
THE Martin Oil Company: its DOmicile
Is hereby established AT Breanx Bridge.
Parish Of st. Martin, State Of Louisiana;
aud under it, corporate name. said Cor
p0ration shall have the power to COLI
tract, sue and be sued. 10 make, Use a
Corporate seal, and the same to break or
altar at pleasure; to hold. receive, pur-
chase, mortgage or convey under the
said Corporate name Seal and Personal
property; to name and appoint such Off
GERS, Directors. Agents. Managers. and
employees as the interest OF convenience
OF said Corporation may require; to
make aud establish bylaws. rules and
regulations for the proper management
OF its affairs, and the same 10 change
ami alter at pleasure and do all other
acts and things permitted by law and
shall be necessary to carry out the oh
jects aud purposes Of said Corporation (;
said Corporation. unless sooner dissOl-
we'd. snail exist for Il period of Thirty
years from date. The President, and
or in his absence. the Secretary and
Treasurer shall be the proper person up
on whom Citation and other legal pro-
cess shall be served.
ARTICLE H.
The objects aud purposes for which
this Corporation Is OrganlZed. and the
nature ~ its business To be carried Oh,
are hereby DECLARED to be 10 engage in
the business OF drilling upon or other
wise exploiting lands a. 1t may acquire
IN full or part ownership, or tn which II
may acquiFe any rights whatsoever for
the purpose Of discovering oil. gas or
minerals. AMI the same to explore and
develop for commercial purposes; to un-
dertake all works; to make all contracts
to that end, and such products as it may
bring forth TO sell or otherwise dispose
Of; To make all such works or enterpri-
ses rs may facilitate such drilling and
exploration. the storing Of products. the
sale and delivery thereof, and in fine t.
do all things necessary or cOnyenie
for the benefit and good Of the enter
prise.
ARTICLE III.
The Capital stock Of this Company
shall he Twenty thousand ( $4,000
Dollars. devided into shares of one hun
-drei dollars each; which stock shall be
paid ia cash at the time Of its subscrip-
ton or 0f it, issuance at not less than
par. Stocks may be- ISSUED in exchange
for pIopcr or rig =
trans rrred 10 the Corporation,
OF for such other valuable consideration
OF services rendered a. may be deter
mined 10y the Board Of Directors, prOvi
ded that the stock so issued shall be
clearly equal To the consideration there
Of, aud provided that no stock shall be
issued until the consideration thereof
shall have been received by the Corpora
tiOn.
No stock holder shall sell his stock
until after fifteen days notice Of his in.
tcntion to sell be given to the Company,
and the stock holders shall haye the first
privilege Of purchasing the same. No
transfer shall be made without the pro-
per transfer thereof on the Books Of the |
Company. This Corporation shall COM
mence doing business az soon as ten
thousand dollars of it's Capital stock |
shall have been subscribed.
The Directors shall have the right to |