New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1913-04-19
10 make aud use corporate seal, AMI
tha same To hreak and alter at pleasure,

. same to break and alter az pleasure
hold. receive, purchase, mortgage OF
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nall be served. sal
ARTICLE H. o'd
The objects and purposes Tor j.s
which this corporation - orEanH
a and the nature OF the ouSlueS tho
~ carried ON by 1T. are hereby declared
t,,, g., aryaga in the business of duihhE Ia,
,r,u or otherwise exploring such Janus NJ
o. il may acquire in full or part owner #
shin or may lease, or to whlch 1t 'u'N ri
,o,nira any rights whatever tor the puf- ~
nose of discovering oil, gas OF minerals 5a
i,3 tha same to explore for commerela! !,
,,,,rnoses TO undertake all WORKS anu -
u,aLa all contracts to that end that may n,
La necassary. and to sell or otherwise ~
d,srose of such products as 1t may otlns al
forth and to do all things that may oe ~ :,
cassarv to facilitate the driIhns, ~ :
rloitiup. the sale, storing ana ue'NS'N
t14,eot. and in fine, to DO all mugs nv r
oas.ary or conducive TO the oehenlC u {
said corporation. /
ARTICLE Iii ,,
The capital stock shall be t"en'y NY
thou sand dollars divided INTO nVe nu ,'U,
shares of the par value Oh WY uOl
oaoh which stock shall be paid for III eash
: lat
.uance at not less than par. stock may
, Iho ;esued in exchange for property OF
,;,hts actually received or purchased oN |
= ~ oornoratiou or other such Naluh"'e
considerations or services rendered 's
{ may be determined by the Boaia y,
directors. provided the value OF the s'och
90 issued shall be equal to the consi"eta
t,cn thereof; and provided that 90 s'o'h
n shall issue until the consideration 'ueieo'
a n
q shall have been received by saiu colFoi"
~, tiou. ..ol, ,,,t;
IS set.o, davs nrior notice of his lutenuoh
:. 80 sor il given to tive Company, and the
ItooLh y isrs shall have the first privilege Oh
nc nrohosiny fine same. No transfer shaA
n no made without the proper entry Thereon
ft- IN the stock books Of said company
- THIS corporation shall commence uoins
~ ,,a;noos "a soon as three thousand dollar
ne ~ tho canital stock shall have been suo
mt s.r;hed and paid for. The DIRECTOR
q sbau have the right to determine nov
u much additional stock shall DE issueu
h' ARTICLE ~.
zen Tbe Roard of Directors shall nave pow
ms or to eli vacancies in their number eau
~ "a nv death. resignation or other"ls'
fno,,, .monc tile stockholders of the co
NAV norat;on The said Board shall nave III
OeS control of the property of this compass,
tho ana shall so conduct, manage anu use u
~, san,e az in their discretion they deem he
t'" .searv and that is consistent with inc
nee ;ects and welfare of the company
|rn, 49, oaont such rules and regulations
rom tho affairs of the corporation may
ou;re employ such laborers, clerks
GUS OIL Or agents a. may appear desirao.e'
ne fix aud determine the salary OIL oAAo'
the and other employees.
Il
ana rhe cornorate powers of this Co sh
race ,.,stoa in and exercised by Board
o. 1t give Directors. three of whom shali U
sony stitute a quorum for the trahsaetlou
h,,oirees There shall be elected IT
e. III the BOARD of Directors President VI
Da,s d,rt and a Secretary Tressu'
rha BOARD of Directors shall be cleo
lie. on the first Monday of April OF each y
Until the election to be heiu III
icism the following persons sn"1' 8 Suttie
mas paul n. Cvr, Il. c. Taylor, D. j -
nator and A. d. Moresi; OF whom D,
Iouea Srtt,a shall be President, DR.. PAU
Cvr Vice President, and ). D. Smi'h
rotary Treasurer,
n 10 Ar avary election and meeting o.
licans stockholders, each stakeholder sha
70 are entitled to one vote for each share Oh :
AND owned bv him aud vote by proxy
"ln' ARTICLE vi.
,epu"- This Charter may be changed OF au
hap cd or the corporation dissolved at a
con eral meeting of the stockholders eon !.
Tor that purpose, with the assent Oh
fourtbs of the entire stock issued wa
no has nrssent or represented at such me'
idency Thirty days prior notice OF sucn me
+,,ro+S shall be given in newspaper pnol
t,o1,' in this city, Notice shall be given IN
20. lie ING In case of the dissolution 0
harged corpcrotion the liquidation OF It's
MANI shall be conducted by three Comn'
.aaa,s ers, selected from among the stockn
l1eresls at a meeting called for that putps
olt into is herein provided; said Commas >:
20 Coal shall, remain in office until final Il
H. p, t;on and in the event of the death
the NV bilitv of any one Commissioner 10
re than e o,trs shall be chosen by the r
resident inc two commissioners.
lple of ARTICLE VII.
publican No stockhoder of this corporate
asserted ba liable for the contracts or taui's
ton Of Of in any further sum than tne
h'i'r holo,ce due the Company on the 81