The herald. [volume] (New Orleans, La.) 1905-1953, 1912-02-01
CHARTER
OF NEW ORLEANS WELL DRILLING
COMPANY, LIMITED.
United STATES OF AMERICA, STATE OF
LOUISIANA, PARISH OF ORLEANS
CITY OF NEW ORLEANS.

n. n Known. That on this second day OF
r.nr.rv an the wear Of our Lord, One Tnou-
and Nine Hundred and Twelve, ana OF tne
Ipdeuepdence Of the United States OF amer
len ire One Hundred and Thirty-Sntn, pc
tore ne. william Mol. Fayssoux, notary
rnb,,c. duly commissioned and qualined In
snd for TIE Parish of Orleans, State OF LOU
isisna therein residing, and In the presence
, Of the witnesses hereinafter named aa9 IN III,
dersigped personally came and appeared lne
persons whose names ,s are ayailins them
ELVES Of all and singular the laws OF tne
STATE Of Louisiana relative to the organiza.
lion Of corporations, and especlaHy OF NJ
Is Of 1888, and Of Act IS OF 1904, they nave
eovenanted and agreed, and 90 py ,hnr,'
ELVES. as well as such other persons VINO
nav hereafter become associated with them,
70 form q corporation Tor the oo!ects anu
purposes and under the stipulations anu
articles following, to-wft:
ARTICLE I.
rhe name and style Of this corporation
shsIl h aNEW ORLEANS WE'LL DRILL
In, COMPANY, LIMITED" 1t shall nave
poVer and authority to exist and enjoy sue
cessisa for q period Of ninety-nine years
ARTICLE II.
TIE donicile of this corporation shall be
IN the CITY Of New Orleans. All legal pro
eeu0 shail be served on the President N
biz ahsence or disability, on the vice fresi-
dent; n the absence or disability OF potn
Of aid ofRcers, on the Secretary-Treasurer.
ARTICLE III.
h objects and purposes of this corpora
ton and the nature Of the business 10 DC
carried on BY 1t are declared 10 DC aS i'i'
10 deal In, purchase, sell, exchange ana
rent water and oil wells to buy, sell ana
manufacture and the repairing OF welEdriil.
hs nsshiney to contract dig and e oper,a,e
purchase, convey sell mortgage hypothecate,
pledge, lease, suitcase and enjoy real ana
penonal property, direct such buildings,
shos and plants as will be necessary, ana
also to borrow and lend money. and make
such contracts and to engage in sucn line
and such business as may be necessary TO
ne objects Of this corporation or as its
prscton may deem advisable.
ARTICLE Nv.
This corporation shall have all OF the
nxnu and privileges conferred by law on
nch corporation, and 1t shall have power
ssd authority to carry out and execute the
en]ects and purposes as above set forth IN
1uele 3, either directly or through Board
ARTICLE ".
The capital stock Of this corporation Is
eereoy nxed at the sum OF Five Thousand
polars, represented by fifty shares OF One
nundred Dollars each. This company shall
oegm 70 do business as soon as Three Thou
Qnhgcr1Oe0
~. ~. All transfers Of stock shall be made on
se books Of this company and must De
Ssned BY the stakeholder or his attorney.
~ - STOCK IN this corporation shall be sold or
ss s,n;slerred unless same has been offered IN
tng to the company at least hve days
ssloFe eale or transfer, and the company or
~ sfockholder, In case the company will
~ pay, may buy the same at the value as
~ .n on the books OF the company. AT
- eieettons by stockholders each share shall
entlted to one vote, to be cast either by
G scockholder In person or by attorney
u'ns mis- written proxy.
ARTICLE vi.
ne business and Affairs and corporate
sen Of this corporation shall be conduct
saa exercised by board OF directors TO
@Ipcsed OF at least three stockholders,
NAIL be elected at an annual meeting
~ y called by the Board Of Directors, or
~ ~ eeockholders. Any stakeholder may be
tea member OF said board or hold Of
- Inc FIRST Board OF Directors shall con-
20 A N. Lockett, c. L. Brown, and John
msyins, Jr., and they shall hold ONCE for
- Jar and until their successors have
ssis eected and inducted into ofice. The
Z" ooard shall have power to make rules
1e government Of this corporation and
- nave full power in the management of
stness and Affairs
he omcers Of said corporation shall be
= N9dent, vlce-President and Secretary,
~ ean also be the Treasurer. The fol-
named stockholders shall be the first
i.Sn q this corporation, namely, A. NJ.
I. President; c. L. Brown, vice-Presi-