The herald., 1912-10-24
CHARTER
OF THE LAKE SHORE OIL COMPA.
September 18th, 1912.

STATE OF LOUISIANA, PARISH Ot Ok
LEANS, CITY OF NEW ORLEANS.
BE it 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 Puig, notary pub
lie, duly commissioned and qualified, in and
for the parish of Orleans, and in the pres
ence of the witnesses hereinafter named and
undersigned, personally came and appeared,
the several persons whose names are here
unto subscribed who severally declared that
ayailing themselves of the provisions Of the
laws of this state relative to the organiza-
ton 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 other persons as
may become associated with them, TO form
themselves into and constitute corpora
tiOn and body polite in law, for the objects
and purposes and under the conditions and
stlpulations of the articles following, to-
wit:
ARTICLE /.
The name and title of this corporation
shall be The Lake Shore Oil Company and
under its said corporate name it shall have
power and authority and enjoy succession
for the full term and period of ninety nine
years from and after the date hereof; TO
contract, sue and be sued; to make and use
corporate seal and the same TO break and
alter at pleasure; to purchase, receive, lease,
hold and convey, as well as mortgage and
hypothecate under its corporate name, prop
erty both real and personal; TO name and
appoint such managers and directors. Off
GERS and agents as the interest and conve-
Dience OF said corporation may require and
TO make and establish, as well as alter and
amend at pleasure, such bylaws, rules and
regulations for the proper management and
regulation of the affairs of said corporation
may be necessary and proper.
ARTICLE ii.
The domicile of said corporation shall be
at New Orleans, parish of Orleans, state Of
Louisiana, and all citations or other legal
process shall be served upon the president
OF said corporation, or in case of his alb
sence upon the vice-president, or in the alb
sence Of both Of those officers upon the sec.
rotary OF the corporation.
ARTICLE III.
The object and purposes for which this
corporation Is established and the nature
of the business to be carried on by ii 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 and else
where: to buy, sell, erect, own, lease or
otherwise acquire, and to operate and main
tain as principal or as agent, in this state
or elsewhere, drilling outfits and machinery,
appliances, apparatus and buildings of 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 and without the power Of emf
nent domain; 10 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 &C.
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
or wood, manufacture same; TO own, lease,
and operate saw mills, pull boats, skidders
and other machinery for handling logs; to
enter into contracts for logging, to do a
general logging business to build dry docks
and ways; to charter, own and operate ships,
tugs, launches barges and other vessels for
the transportation of logs, oil and other min
erals for freight and hire; to lease, build
and operate dredges, dig canals for trans
portation and reclamation purposes 10 con-
struct, own, maintain and operate a tele-
phone exchange and necessary lines and ac-
cessories to build, own, maintain and oper-
ate electric plants and loan or sell electric
ity or electric current, and supply same for
compensation to any person or persons firm
or corporation, or political subdivision in
the state of Louisiana or elsewhere; to build
or operate railways or tramways, wharfs,
docks, pipe lines, to own and operate ma
chine shops; TO own, operate, construct and
maintain pipe lines or other underground
methods of conveyance and TRANSFORMATION .
and generally to hold and exercise ali such
Incidental powers and privileges not ex-
pressly excluded as relate to the objects
nerelnDefOre set forth.
ARTICLE ".
The capital stock of said corporation Is
hereby fixed at the sum OF two hundred and
fifty thousand dollars $3.50, 0OO.OO) divided
into or represented by two thousand five
hundred shares of a par value of one hun
dred dollars (S100.00) each. The whole of
said stock or any part thereof may be issued
ana delivered to any person, firm or cor
poratlon for the requirement of the rights
privileges, franchises, leases and property OF
any kind or any part thereof now owned
or controlled by Wilton z. Aymar, or other
person or persons or to any other person or
corporation for property, rights, franchises
etc, purchased and acquired by this corpor.
alton, also In payment, settlement and ad.
| iustment of the costs, fees, charges, and
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 the
| property, rights, and franchises aforesaid
also for cash or In installment of such
| amounts as the capital stock Of the Board
| OF Directors may determine also for mer.
chandfse received or services rendered IN
| this company. The Board of Directors here.
| matter created Is specially authorized 10
dispose OF the stock for any and all the
purposes above stated, as In its judgment
may seem fair and proper. All said shares
| OF stock shall be worcestershire and full
paid.
ARTICLE V.
All the powers of this corporation shall
be vested and exercised by a board of seven
| directors, each of whom shall hold In his
own name at least one share of stock said
board of directors shall be elected annually
on the first Monday of March Of each year,