The herald. [volume] (New Orleans, La.) 1905-1953, 1912-09-19
CHARTER
OF TIE LAKE SHORE OIL c
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CHARTER
OF THE LAKE SHORE OIL COMPANY.
September 18th, 1912. -
STATE OF LOUISIANA, PARISH OF Or
LEANS, CITY OF NEW ORLEANS.
BE il known. that on this eleventh day OF
the month of September, In the year OF our
lord one thousand nine hundred and twelve
before me- Felix Joseph PUG, a notary pub
lie. duly commissioned and qualified, in and
for the parish of Orleans, and In the pres
ence of the witnesses hereinafter named anu am,
undersigned, personally came and appeared,
the several persons whose names are mere
unto subscribed, who seyerally declared tnat
ayailing themselves of the provisions OF the
laws of this state relative to the organlza.
tion of corporations, they have contracted
and agreed and do by these presents, con
tract and agree and bind and obligate them
selves as well as all such otner persons e., aS
themselves into and constitute corpora
tion and body polite In law, for the objects
and purposes and under the conditions ana
stipulations of the articles following' To-
wit:
The name and title of this corporation
shall be THE Lake Shore Oil Company ana
under its said corporate name 1t shall have
power and authority and ENJOY succession
for the full term and period OF ninety nine
years from and after the date hereoI 10
contract sue and be sued; to make and use
n corporate seal and the same TO break ana
alter at pleasure; to purchase, receive, lease,
hold and convey, as well as mortgage ana
erty both real and personal; to name and
appoint such managers and directors, ON
GERS and agents as the interest and cohVe-
nience of said corporation may require ana
TO make and establish, as well as alter ana
amend at pleasure, such bylaws, rules ana
regulations for the proper management and
regulation of the affairs OF said corporation
as may be necessary and proper.
ARTICLE III.
The domicie of said corporation shall be
at New Orleans, parish OF orleans, star Ie vi
Louisiana, and all citations or other legal
process shall he served upon the president
of said corporation, or in case OF his aD-
sence upon the vice-president, or in the ab-
sence of both Of those officers upon the sec
rotary OF the corporation.
The object and purposes for which TINS
corporation is established and the nature
of the business to be carried on by IL are
declared and specified to be to purchase,
own, hold SELL mortgage, lease, ALLEVIATE, re.
ceive and otherwise acquire and dispose OF
real estate oil and mineral lands and oil
and mineral rights and any other interest
In the lands, both In louisiana ana else
where; to buy, sell, erect, own, lease or
otherwise acquire, and to operate and main
tain as principal or agent, in this state
or elsewhere, drilling outfits and machinery,
appliances, apparatus and buildings or ev-
cry description used or suitable for use In
the extraction of oil or any other minerals
from the earth, and for the housing, preser-
walton, handling and transportation of same
when so extracted; all solely for the uses OF
Its business ana without the power VI eul-
nent domain; to buy, sell or otherwise ac-
quire and ALLEVIATE and to ship, export or I'M
port oil, minerals or mineral products OF
all kinds and in connection with said object
to lease, buy, sell, build or otherwise ac-
quire and ALLEVIATE and maintain warehouses,
sheds, dwellings, stOrehouses and repair
shops, to sell merchandise and carry on a
general store and commissary TO conduct
hotels. boarding houses and lodging houses
for Its agents and employees To buy and
sell timber, timber lands, and other articles
and operate saw mills, pull boats, skidders
and other machinery for handling logs; tC
enter into contracts for logging, to do
general logging business; to build dry docks
and ways to charter, own and operate ships
tugs launches, barges and other Vessels fo
the transportation of logs, oil and other min
erals for freight and hire; to lease builC
and operate dredges, dig canals for trans
portation and reclamation purposes to con
struct, own maintain and operate a tele
phone exchange and necessary lines and &C
cessories to build, own, maintain and oper
ate electric plants and loan or sell electric
ity or electric current, and supply same 10
compensation TO any person or persons, Urn
or corporation, or political subdivision II
the state of Louisiana or elsewhere to bull,
or operate railways or tramways, wharfs
docks pipe lines, to own and operate ma
chine shops: to own, operate, construct an
maintain pipe lines or other nndergrosnn'
and generally to hold and exercise all suci
incidental powers and privileges not ex
pressly excluded as relate to the object
hereinbefore set forth.
ARTICLE Nv.
The capital stock of said corporation
hereby sxed at the sum of two hundred an
fifty thousand dollars $3.50, O00.OO) divides
into or represented by two thousand NV
hundred shares of a par value of one hun
dred dollars (S100.00) each. The whole o
said stock or any part thereof may be ISSUES
poration for the requirement of the rights
privileges, franchises, leases and property o
any kind or any part thereof now owne'
or controlled by Wilton e. Aymar, or Othe
person or persons, or to any other person o
corporation for property, rights, franchises
etc, purchased and acquired by this corpor
alton, also in payment, settlement and ad
justment of the costs, fees, charges, an,
expenses and commissions incurred for ser
vices rendered In the formation and organ
ization of this corporation and In acquiring
and bringing about the purchase of tn
property, rights and franchises aforesaid
also for cash or in installment of sucl
amounts as the capital stock of the Boar
of Directors may determine, also for mer
chandise received or services rendered t.
this company. The Board OF Directors here
matter created Is specially authorized T.
dispose OF the stock for any and all thu
purposes above stated, as In Its iudgmen
may seem fair and proper. All said share.
OF stock shall be worcestershire and full
paid. 4
All the powers of this corporation shall
be vested and exercised Dy board OF sever
directors, each of whom shall hold In hi:
own name at least one share OF stock sait
board Of directors shall be elected annually
on the first Monday of March OF each year
the first election to be held in the year 1914
All such elections shall be by ballot at the
Office Of the corporation under the supervi'
sion of five (5) commissioners to be ap-
pointed by the board Of directors and In
the absence of any commissioner the presi-
dent shall have power to al the place by
appointment, and of all such elections, as
well as Of all meetings of Stockholders, ex-
cept for the purpose Of liquidation or disco
ution. or as otherwise required By law, Ten