The herald., 1913-05-22

ALLEVIATE or cucumber oil, timber and other
lands, and improve the same, in this and
other states to dig and bore contract for
the digging and boring Of oil, water, ar
teSian and other wells; to build and erect
or contract for the construction and cree
tion Of derrlcks; TO refine, buy and sell for
its own account, or for the account of other,
oil, petroleum, minerals and all their by
products, in both their crude and refined
states; to buy, sell, lease, hire, mortgage,
erect and construct, or contract for the
construction and erection Of mills raiiner-
les, pipe lines, tcnemrntS. water craft, tram
ways. railroads, canals. workshops and me
chanIraI plants and generally to do and
engage in anv other business, undertaking
or enterprise connected with. growing out
of. gcrmane or incidental to any of the OBJ
jectS and purposes hereinabove set forth or
contemplated 10y this charter.
ARTICLE IV.-The capital stock OF this
corporation Is hereby fixed az the sum Of
ten thousand $50. 900. UUI dollars. divided
into ten thousand ilO.OOul shares of the
par value Of one tSl.OOl dollar. each which
shall be paid for in cash on the call Of the
board OF directors, or may Ice issued for not
less than par for property purchased by or
services actually rendered 10 said cOrpD-
ration.
All shares Of stock shall De full paid and
non -aS>n BILE No transfer Of stock shall
he binding upon the corporation unless made
upon IL books, and all certificates OF stock
shall b" signed 10y such officers as may be
designated by the board of directors
ARTICLE N.-All the corporate powers
VI TINS i'ull'dHN >Uitl I' vested IN ana The
management and control Of its business and
affairs shall be exercised 10y a board of di-
rcrturS 10 he composed Of five stockholders
majority Of whom shall constitute a quo
rum toi the transaction of all business The
board Of directors shall be elected annually
10y ballot Of the stockholders, on the first
Monday of July Of each year Each stock
holder shall be entitled To one vote far each
share Of stock owned 10y him, either in pcr-
son or by written proxy. All elect ions
shaIi he held under such rules and regula-
ions a. may be determined by the board of
directors, but after at least ten DAYS no
tice of such election shall have been given
10 each stakeholder by mail sent To his last
known address, or by publication in one of
Inc dallE newspapers published in the Eng
llSh language in the city Of New Orleans
for at least ten days preceding such eIrc-
lion. The directors thus elected shall con
lllue IN once Tor one year or until their
successors shall have been elected and duly
qualified. No failure TO elect shall be re-
Sard"d as forfeiture of this charter ANY
vacancy occurring on said board of directors
snail he hllrd by the remaining directors fnr
the uneNpired term. Said board of dirar-
tors shall, al its first meeting after lis elec-
tlon. elect from among It's number a uraSi-
drht Elcr-preSident, secretary and
treas lTtT.. II may combine the two last
mentioned Offices into one. and NAV even
tIeci secretary who need not be a stock
hoIdrr. said board of directors shall have
IN" rlGht ana power 10 appoint and dismiss
SHch clerks. managers and other employee,
OF Inc corporation. including the secretary
VINO Is not a stakeholder or director a.
CONDITIONS may Justify or the business of the
corporation may require. The tenure OF of
nee or All IN" employees of the corporation
IhalI be during the pleasure of the board of
ARTICLE Who StockhoIder shall avon
be held liable or responsible for the CON
tracts, iauItS or debts of this corporation
nor snail any mere infOrmality i'm IFS orr,n.
lIIatIoh nave the effect of rendering This |
cHarltr nun, or of exposing a stakeholder 70
any liability beyond the unpaid balance dine
on The shares of stock owned bv him.
AK IICl1E Nll.-ThiS act Of incorporation
may DE- changed modified or altered or This
corporation may be- dissolved with the As |
sent OF the stockholders owning a ma ioritv
u an the stock Of the corporation nj a con |
-raI meeting convened for that purpose af. |
Stockholder in the manner and form as pre- |
Scrib"d in Article V of this act of incorno |
ration. In case of the dissolution of this |
,,orPoratIon by the expiration Of this char |
ler or, otherwise, the stockholders shall |
'Iect three liquidatOrS from among their
number. who shall have full power and an
.hhorlty 10 settle the business and affairs OF |
ne company. In case Of the death or ina
pity OF any Of said commissioners or li0mi |
iators, the survivor or survivors shall an
'oln i AS, successor C to him or them.
-; An IL IL NllI-lmmediately after the
signing OF this charter the stockholders
Shail elect from among their number five
'lockholderS, who shall constitute the first
,,2ard OF directors and hold office until first
'eSSorS are elected and duly qualified
IhlS corporation shall become a going ron
,"rn as soon as three thousand IS3 OOo oOl
lollarS OF its capital stock shall have been
Ihus done and passed at nv office in the
III! OF New Orleans. on the day, month and
ear, herein first above written in the nres-
nee or Theodore A. Beck and John p "a
.IIe' Doth or this city. competent witnesses
Nho nave hereuhO signed their names with
ne SAID appearers and me. notary. after Jua
eading Of the whole ""e
Original siSnedl F. Rouge I 1872 shares
:, :, Is ESnard. 1.12J shares: Ed Ieguerre
- shares. per +. Rouge: J. L. Schaeffer
~ shares. +. 4. Beck. John T.. Cazaie,
ROBERT LEGIER, Not Pub
l, the undersigned recorder of MORTGAGE
n anu Tor the parish of Orleans state OF
louisiana. do hereby certify that the above
lhd foregoing act Of incorporation of the |
'alkan OH company. was this dav duly re- |
orded in my office in book IOss folio -
New Orleans La, May 10th, 1913.
EMILE LEONARD,
Deputy Recorder
\ true copy from the original act
,neai ROBERT LEGIEI, Not PUB.
nay - - june } l. 10 %