The Lafayette advertiser. [volume] (Vermilionville [i.e. Lafayette], La.) 1865-19??, 1912-12-03
State of Louisiana or elsewhere, fol

State of Louisiana or elsewhere, for
the development of natural gas, oil,
petroleum, coal, asphaltum, salt, sui
phur, ore, metal and mineral sub
stances or any interest therein; and
to explore, open, work, or in any man
ner turn the same to advantages; to
bore, drill, open, quarry, smelt, re-
fine, dress, amalgamate, transport,
and prepare petroleum., oil, sulphur,
asphaltum, ore and mineral substan-
ces of any and all kinds; to buy, ship,
sell and deal in oils, minerals, plants
and machinery, implements, conven-
fences, provisions and things capable
of being used in mining operations, or
required by workmen or others en-
ployed by this corporation, to con-
struct, carry out, maintain, improve,
manage, control and superintend any
roadway, pipeline, tanks, reservoirs,
warehouses;, water-works, crushing
works, hydraulic works, or any other
works and c~onveniences that may be
directly or indirectly conductive to
any of the objects and purposes Of
this corporation; to purchase, &C.
quire, lease, control, operate, sell
and dispose to any such person or PEI
sons, corporation or corporations, and
at such prices and on such terms and
conditions as to this corporation may
proper, water rights, improve
ments and buildings, for mining and
for the use and purpose incident
thereto; to purchase, lease or other
wise acquire all or any part Of the
business or liabilities Of any person,
firm, corporation or association en-
gagged therein or holding any part in
similar objects or purposes; to dc all
Or anything suitable necessary and
convenient and proper for the &C.
complishment of any of the purposes
Or the attainment of any n or more
of the objects and purposes herein
enumerated or incidental to the pow
ers therein named ,or which may
Or shall at any time appear conduc-
tive or expedient for the benefit of
this corporation.
ARTICLE w.
The capital stock of this corpora
ton is hereby fixed to be Ten Thous-
and (s10,0OO) Dollars, to be divided
into one hundred (1OO) shares of the
par value of One Hundred S100.0O)
Dollars per share. This stock may
be issued either for cash or for prop
labor Or services purchased by
or advanced to said company, and
the judgment of the board Of direc-
tors as to the value of the property,
labor or services so taken, shall be
provided that no stock
shall be issued at less than par. This
is authorized to COM
.ence business whenever Five Thous
and $1,000 Dollars Of it's capital
stock shall have been subscribed and
paid for in full. Each share of stock
shall be entitled to one vote at all
meetings, to be cast in person or by
proxy.
ARTICLE v.
The corporate powers of this cor
poration are hereby declared, except
as may be hereafter stipulated, to be
in and exercised by a board of
directors composed of five of it's
stockholders, which said board shall
be elected annually by the said
on the first Monday in
July of each year after the year 1912.
The first board of directors who shall
serve until the first Monday in July, |
A. D., 1913, or until their successors
shall have been elected, are hereby
declared to be: Geo. w. Newman, L.
= Benckenstein, w. H. Starke, w.
?. H. McFaddin and E. w. Brown. In
of the death or resignation Of
my of the directors, his successor
shall be chosen by the remaining d.
Three directors shall con-
a quorum for the transaction
If business.
ARTICLE vi.
The officers of this corporation
hall consist of a President, Vice
resident, treasurer and secretary.
The respective officers shall have the
'owers usually given to the said off,
.ers, and shall serve until their sue
shall have been elected and
Qualified. The President and Secre-
airy, with the approval of the board
f directors, shall have the right,
and authority to enter into and
all contracts of any nature
Which they may see fit to make, and
o make purchases, sales, leases, sub
eases as in their judgment may be
The officers of this corporation
hall be elected by the board of d.
ectors at the meeting held on the
rst Monday in July of each year af-
the year 1912; and the officers
ereby selected to serve until the
aid first Monday in July 1912, are as
blows:
Geo. w. Newman, President
L. F. Benckenstein, Vice-President.
E. w. Brown, Secretary and Treas
rer.
ARTICLE VII.
This charter may be amended or
1e corporation dissolved by the con-
ent of the holders of three-fourths
f the stock at any meeting called
that purpose, after ten days no.
&c in writing of such meeting to
ach of the stockholders thereof or
Immediately, if notice is waived.
Whenever this corporation is dis
o1ved by limitation or otherwise, its
ffoirc cho11 ho iC,iIo<oJ hxy n oo-