The herald., 1913-04-24

UNITED STATES OF AMERICA, STATE
OF LOUISIANA, PARISH OF ORLEANS,
CITY OF NEW ORLEANS.
Be 1t known, that on this nineteenth day
of the month of March, In the year of our
Lord one thousand nine hundred and thir-
teen, and of the independence Of the United
States of America the one hundred and
thirty-sixth, before me, Frank Edward Rain
old, a notary public, duly commissioned and
qualified in and for the parish of Orleans,
state of Louisiana and in the presence of
the witnesses hereinafter named and under
signed, personally came and appeared: the
several persons, whose names are herein
after mentioned and hereunto subscribed,
who severally declared that availing them
selves Of all the laws of the state of Lou
Act No. as of 1904, they have covenanted
and agreed, and do by these presents cove
nant, agree and bind themselves, as we'll
as all other persons who may hereafter be-
come associated with them, to form and
constitute themselves into a corporation un.
der the articles and stipulations following,
to-wit:
ARTICLE I.
The name and style or this corporation
shall be Acme Oil & Gas Company and IL
shall have and enjoy succession for a period
OF ninety nine (99) years unless sooner dis
solved.
ARTICLE II.
The domicile of this corporation shall be
in the city of New Orleans, state of Lou
isiana, and citation and other legal process
shall be served upon its president, or In
his absence or disability upon the vice
president or the secretary-treasurer.
ARTICLE III.
The objects and purposes for which this
corporation Is organized and the nature of
the business to be carried on by II are
hereby declared to be as follows, to-wit:
To engage in buying and selling, renting
leasing, mortgaging and dealing IL lands
and real estate; to develop lands, to drill
wells for oil and gas and market the same
to erect houses and other structures to con.
struct, own and operate tanks; tank cars
pipe lines and oil handling machinery and
apparatus and to have all power usually
incident to the carrying out Of the business
specified.
ARTICLE ".
The capital stock of this corporation Is
hereby fixed at the sum of forty thousand
dollars (s40,000.0O), divided into four thou
sand shares Of the par value Of ten dollars
$4,000 per share, payable on the call OF
the board Of directors.
This corporation shall become a going
concern as soon as three thousand dollars
($3.O0O00) of the capital stock Is sub
scribed for. Shares may be issued In pay
ment Of property conveyed to the corpora
ton, or services rendered. No transfer d
stock shall be binding on the corporation
until made upon its books.
ARTICLE V.
All the corporate powers of this corpor
dllOH anu the CO0ITOl anu management Of
Its affairs shall be vested In and exercised
by board Of directors to be composed Of
not less than three and not more than nine
members, who shall be elected by ballot OF
the first Tuesday after the third Monday
Of May In each year, beginning in 1914, and
after ten days written notice shall have beer
mailed to each stakeholder at the last ad
dress left by him with the secretary. TIL,
majority Of the votes present and repre-
sented at said meeting shall elect, but M
election shall take place unless the majority
Of the entire stock is present or represented
at the meeting.
The board Of directors shall, at its frs
meeting. elect a president, vice-president
secretary and treasurer. Any failure Il
elect shall not vacate any Office and tn,
board OF directors and officers shall hole
over until their successors are duly elected
and qualified.
The first board of directors shall be
William c. Lovejoy, John B. Esnard, Stan
ley ID. Graham, Ernest Dionne, George T
Overlng, and they shall hold Office unit
the first election provided for In this char
ter or until their successors shall have beer
duly elected and qualified.
ARTICLE vi.
This charter cannot be amended and thi:
corporation cannot be dissolved except by
the vote Of the majority of the outstanding
shares at meeting called for that pur
pose after ten days notice by registered let
ter shall have been given to each stock
holder at the last address left by him with
the secretary-treasurer. At the termina
tion OF this charter by Limitation or other