The herald. [volume] (New Orleans, La.) 1905-1953, 1911-05-11
ARTICLE III.

The objects and purposes for which this
corporation Is organized and the nature
OF the business 10 be carried on by IL, are
hereby declared to be:
To prospect for, locate acquire by dscov-
cry. lease, license. option. purchase, fran
chse. grant. gift, donation. devise, exchange
or otherwise and to hold, own, possess.
eniov develOn mine. work. bore and drill
for. operate and develop. promote and eI-
plot mines. oil wells, gas wells. and wells.
mines or excavations. for salt. sulphur. wa
ter and all other mineral products Of what
ever nature and the same to sell. or other
wise dispose OF or cucumber, mortgage and
hypOthecate, as the business. interests or
convenience OF the corporation may require.
To locate, purchase. lease. or otherwise
acquire. lands, mines. wells, excavations.
mineral rights and claims, water rights and
franchises. mill sites and lands. and partic-
ularly lands containing or believed to con-
tain oil, gas. salt sulphur, water and other
mineral deposits to carry on the business of
searching for, prospecting, preparing, min
ing. drilling and boring for, refining, piping.
selling, manufacturing and distributing gas.
petroleum, or other oil, salt, sulphur, water
and other minerals. and their products and
by-products and to erect. acquire. maintai In
and operate refineries, mills. works, labOrato-
ries, workshops, and dwellings for workmen.
To purchase construct. lease or otherwise
acquire own, operate and maintain. electric
or gas lighting and power plants, buildings,
machinery, appliances and equipment apper-
tanning thereto for the use Of as business ;
and to own and operate telephone and tele-
graph lines. or to lease. construct, or other
wise acquire the same for the uses and pur-
poses Of its own business.
To construct, lease. acquire, own and oper-
ate pipe lines, with stations and storage
tanks. for the transportation, distribution
and storage Of oil, gas or other products,
but not as common carrier: to store oil
for hire; to charter, own, construct or lease.
INn. and nNh Ne
for the transportation OF petroleum and
other products, and to construct, lease or
own docks and wharves for the use of such
water transportation TO purchase, lease
own, hold and operate tanks and tank cars
and other works and appliances that may be
Incidental or auxiliary TO the business OF
this corporation; TO lease, own, construct,
purchase, maintain and operate tramways
railways, with necessary engines, cars and
appurtenances for the transportation OF
petroleum, or other oils, minerals. supplies,
materials and appliances OF whatsoever ma
ture or kind for the uses and purposes OF
said corporation, but not as a common car
rier.
And generally to hold and exercise all
such incidental powers and privileges as re-
late to the objects and purposes hereinabove
set forth.
ARTICLE Nv.
The capital stock of this corporation is
hereby fixed at forty thousand dollars $40
0O0 OO), divided into four hundred shares OF
q par value OF one hundred dollars $4,000
each. The stock of company shall only be
issued for money, property, or services res-
dered this corporation, and shall be repre-
sented by certificates issued by the com
pany and signed by the president and sec
rotary.
This corporation shall be entitled TO be-
gin business when three thousand dollars
(S3, 900 O0), being thirty shares of its cap
ital stock, shall have been subscribed for
and the Board OF Directors OF the company
shall fix the time and manner In which
payment for said stock shall be made. A
list Of subscribers to the capital stock, which
hereto attached shows the total subscriptions
to the capital stock.