The herald., 1913-09-25
OF THE BURGLASS OIL & MINERAL
COMPANY.

OF THE BURGLASS OIL & MINERAL
COMPANY.
August 3Oth, 1913.
State of Louisiana. Parish of Orleans, civ
of New Orleans.
BE il known that on this thirtieth day
of the month of August, In the year one
Thousand nine hundred and thirteen (l9l1) ,
before me. Wynne Grey Rogers, notary
public in and for the parish OF Orleans,
state of Louisiana, duly commissioned and
qualified and therein residing, and in the
presence Of the witnesses hereinafter named
and undersigned. personally came and ap
pearcd the persons whose names are here
unto subscribed, who Scverally declared that
awaiting themselves of the laws Of the state
of Louisiana in such cases made and pro
vidGd they have agreed and by these pres
entS agree and form themselves. a. well as
such other persons as may hereafter become
associated with them, into corporation FOR
the objects and purposes and under the ar
ticlcs and terms following, to-wit:
Article 1.-The name and title OF this cor
poratiOn shall be the BurglasS Oil X Mineral
Company, under which name II shall enjoy
succession fOI ninety-nine years from the
date hereof TO contract, sue AND be sued :;
to make and use a corporate seal; 10 hold,
receive, lease. purchase sell, convey, mort.
gage, affect and hypOthecate property, both
real and personal to make all necessary by
! laws, rules ard regulations for the proper
mana cement OF It's affairs, and the same 10
alter, amend or repeal at pleasure and In
| general TO nave all the powers that are con
| terIpl on corporations OT-dulLtu lot lit
| purposes OF the present corporation, and 10
do and perform all acts and things requisite
! and necessary to carry out the purposes
| of said corporation.
| Article Il.-The domicile of this corpor-
| alton shall be in the city of New Orleans,
| state Of Louisiana, where citation and other
! legal process shall be- served on the presi-
dent, or in default of these on the sec
retHy.
Ar;icle IlI.-The objects and purposes of
| this corporation and the nature OF the bus
| lneSS TO be carried on by II are hereby de-
| Ella red to be as follows:
! To own. acquire, buy sell, exchange lease,
| donate, mortgage, hypothecate, improve and
| develop real estate and the products Of said
| real estate ia the state of Louisiana, or
elsewhere; TO prospect, mine, drill and bore
| for oil, gas sulphur or other minerals; 10
| operate on aud gas wells or sulphur mines
! 10 manufacture, refine. buy and sell petro
] ieum and other oil products and by-pro-
| ducts; to lease, maiL:ain and operate ware
| houses. pipe lines, pumping plants. refiner.
| les, railroads: 10 acquire by purchase or
| otherwise personal property, and 10 sell
pledge and transfer the same; and generally
| 10 engage in or conddct any business or
enterprise Incident to or growing out OF OF
| tending to the advantage or fuller develop
ment Of the aforesaid objects and purposes
| Article lV.-The capital stock of this cor
| pOration shall be fifteen thousand (sl5,OOOi
| dollars, divided into three hundred shares
! 1900 OF the par value OF fifty $4,000 dol
| lars each, which shall be paid for in cash
| or its equivalent, for property, for labor
| performed or services actually rendered.
! This corporation shall be a going concern
| and authorized to begin business as soon as
| i've thousand (Sj,OOO.0OD dollars of its cap
| ltal stock shall have been Subscribed for.
All transfers of stock shall be made by
| the owner or mis- agent duly authorized In
writing upon the books Of the company and
upon the production and surrender of the
| certificate OF stock.
| No stakeholder shall sell or dispose OF
| his stock without having offered the same
| for sale in writing to the corporation,
through Its board Of directors, who shall
have the first opportunity to purchase same
| at the market value thereof and should
| the said board OF directors fail or refuse 10
| purchase said stock within thirty 800 days
from said notice. the stakeholder Offering
said stock may sell or dispose OF same 10
Article V.-Ali the corporate powers OF
| this corporation shall be vested in and ex
erclsed by a board OF directors, consisting
| Of five stockholders, who shall be elected by
| the annual meeting of the stockholders to
he held on the third Monday of August OF
| each year.
A majority Of the board Of directors shall
constitute quorum for the transaction OF
business
The officers OF this corporation shall be
a president, first vice-president, second vice
president, secretary and the treasurer. They
| shall be elected annually by the board OF
directors, and shall, therefore, constitute the
said board Of directors as hereinabove pro
vided.
All directors and officers shall be elected
for the term of one year. but shall hold thelI
| respective offices until their successors are
elected and qualified
| Any vacancy in the board Of directors oil
officers from whatever cause shall be filled
by the remaining members OF the board.
The board of directors shall have power
without reference to the stockholders tC
buy, sell, lease, mortgage, hypothecate anC
pledge all kinds OF property on behalf OF
the corporation, and generally to exercise
all power conferred on this board of direc
tarC hr nrNfn 1 90 NyaA To-,
All elections shall be by ballot and tht
majority of votes cast shall elect.
At all meetings each stockholder shall
be entitled TO one vote either in person o.
by written proxy for each share of stool
standing In his name on the books OF tn,
corporation; provided, that no stock shall
be voted at any meeting which has beer
transferred on the books Of the corpora tior
within thirty days prior to said meeting.
Until the first annual election or unit
| thelr successors are elected and qualified
shall consist of Abraham Burglass, Edwart
II. Walsdorf, w. Z. Flower, +. H. Lande anC
F. W. Giles, with Abraham Burglass, presi
dent: E. III. Walsdorf, first vlce-president
Lande, treasurer and X. W. Giles, secre
itary.
Article VI.-This act of Incorporation ma,
be changed, altered, or amended, or tn
corporation dissolved, by a vote of two
thirds OF the stock present or represented a
general meeting of the stockholders Gale,
Tor that purpose, after ten (10) days motto
of said meeting shall have been given b,
advertisement In one of the daily newspa
pers published In the city of New Orleans
Article Vino stakeholder shall eve
be held liable or responsible for the con
tracts or faults of the corporation in an,
further sum than the unpaid balance du
on the shares Of stock owned by him or 70
which he has subscribed nor shall any In
formality In organization or the failure L
hold meetings or to elect officers or direC
tors, at any time, have the effect of render
stakeholder to any liability beyond the un
paid balance due or his stock.
Article V1lI-At the expiration of thi
charter, or when this corporation Is other
wise sooner dissolved Its affairs shall b
liquidated by two liquidating commissioner
TO be elected by the stockholders at a meet
Ing convened for that purpose. after motto
OF said meeting shall have been given as pro
vided In Article vi. In the event of tn
OF the liquldating commissioners the re
manning commissioner shall act as sole II
qtidating commissioner. In the event O
the death or disability, by any cause, O
both OF said liquidating commissioners thei
successors shan be elected by the stockhold
ers at a general meeting to be convened a
hereinabove provided.
Thus done and passed In my Office In tn
city OF New Orleans, on the day, month an
year first above written. In the presence O
Chas. Jumonville and =. r. Ferrera, com
petent witnesses, who have hereunto signe
their names, together with said appearers
and me, notary, after reading Of the whole
and who declare this to be their stock sui
scription list
Original signed Edw Fl. Walsdorf. Q
shares Frank Ii. Lande, 10 shares A. Bur