St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1910-10-29
Charter of The
CONVICTION OIL AND MINERAL
COMPANY.

BE it known, that on this 18th day
of September, in the year OF our Lord
one thousand nine hundred and ten
and of the independence OF the
limited Stats of America, the one
hundred and thirty-fourth, before me
E. H. Richard, a notary pubic, duly
and sworn, in ana lot
the parish of St. Tammany, State OF
Louisiana, and in the presence OF
the witnesses hereinafter named and
undersigned, personally came ana ap-
peared the several persons whose
names are hereuntO subscribed, VINO
declare that availing themselves OF
the laws of the State, and provisions
thereof relative to the organization
of corporations, they have covenanted
and agreed, and by these present cove
and agreed and these by present cove
stitute themselves, as we'll as such
other persons who may hereinafter
join or become associated with them,
into a corporation and body polite
in law, and for the objects and pur-
poses, and under the agreement and
following to-Wlt:
ARTICLE 1.
The name and style of this cor
poration shall be the Covington vi
and Mineral Company, and undef
law to corporations; it shall nave
power to contract, sue and be sued
in it's corporate name, to make ana
use a corporate seal, to hold, re-
ceive, purchase, convey, mortgage
hypothecate and pledge property DOM
real and personal, issue bonds, NOTES
and other obligations, to have ana
employ such managers, directors, on
GERS, agents and other employees as
the interest and convenience OF the
said corporation may require, and to
make all regulations for the proper
and control OF the al
fairs of the said corporation, through
it's board of directors as may be
necessary and expedient.
ARTICLE II.
The dcmicile of this corporation
shall be in the town of Covington,
Parish of st. Tamany, State OF Lou
isiana. All citations and other legal
process shall be served upon the presl
dent of the said corporation, in his
abscene upon the vice president, and
in the absence of both the president
and vice president, then the service
shall be made upon the secretary.
ARTICLE Ill.
The objects and purposes of this
corporation and he nature of the
business to be carf1e1 Oh ny it are
hereby agreed to be: To purchase,
receive, hold, lease, otherwise &C
quire mines, mineral lands, mining
rights, Gains and privileges, or real
estate in the State of Louisiana or
elsewhere in the United States of
America, and to prospect, explore,
examine, test, develop, open, work,
or in any manner use or turn same
to advantage, to prospect and search
for natural gas, oil, petroleum, coal,
salt, sulphur, or other mineral or
elements of use or value, to investi-
gate examine and test lands in locali-
ties where same are supposed to exist
such wells, pits or shafts as may be
deemed expedient for that purpose,
and to drill, bore, dig or put down
to mine, dig, blast, excavate, pump or
otherwise obtain or procure, natural
gas, oil, petroleum, coal, salt, sui
phur or other minerals or subtances
Of use or value, and to prepare, puri-
fly, refine, manufacture, transport,
convey, store, warehouse, sell or
otherwise use or dispose of same; to
drill, bore or put down, excavate OF
make, and maintain, repair, operate
and work any wells, shafts, mines OF
works that may be necessary or con-
venient to accomplish and carry on
the objects and purposes herein SET
forth; to build, erect, repair, main.
tain and operate any buildings
houses, pumps, machinery, appara
tus, works, railroads., tramways
boats, barges, canals, levees, reser-
voirs, pipe lines, tanks or other
things that may be necessary or ex.
pedient to accomlish and carry on
the objects and purposes herein sci
forth, and in general to do and act
anything necessary, convenient OF
incidental to the accomplishment Of
said subjects anil purposes.
ARTICLE Nv.
The capital stock of this orpora.
ton is hereby fixed at the su / oil
twenty-five thousand dollars, to be
divided into and represented by
twenty-five thousand shares of the
par value of one dollar, which CAPT.
tai stock shall be increased or de-
creased in the manner provided By
the laws of the State of Louisiana
Said stock shall be paid for in cash
or its equivalent in personal or rea
property received for services rend
cred, Or labor performed in such
manner and under the terms such
as the board of directors may fix OF
determine, but no certificate of stock
shall be issued until the same has
been paid for either in cash or prop.
erty received, services redered OF
labor performed. No transfer Of
stock shall be binding upon this cor,
poration unless recorded upon its
books, and until the certificate oil
stock shall have been delivered tt
the corporation and duly cancelled
ARTICLE v.
All the corporate powers of this
corporation, and the management
and conrol of it's Affairs shall be vest.
ed and exercised by board OF
directors, composed of nine stock.
holders, of whom five shall consti.
tute a quorum for the transaction OF
business; the number of said board
OF directors may be increased at the
option of the said board of directors
but in cases a majority of the mum.
Der of the said board of directors
shall constitute quorum thereof
said board of directors shall be elect.
ed On the third Monday of the month
october of each year, and shall i'm.
mediately after the election elect
from among their number a presi.
dent, vice president and treasurer
each of whom shall be a stockhalder
They shall also elect secretary, who
may or NAV not ho stoo,,h o1a