The herald., 1913-05-01
CHARTER
OF ACME OIL & GAS COMPANY.

UNITED STATES OF AMERICA, STATE
OF LOUISIANA, PARISH OF ORLEANS,
CITY OF NEW ORLEANS.
Be it 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
isiana, and especially of the provisions of
Act No. 7S of 1904, they have covenanted
and agreed, and do by these presents cove
nant, agree and bind themselves, as well
as all other persons who may hereafter be-
come associated with them, to form and
constitute themselves into a corporation I'm.
der the articles and stipulations following
to-wit:
ARTICLE 1.
The name and style or this corporation
shall be Acme Oil K Gas Company, and II
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 bt
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 thi:
corporation is organized and the nature OF
the business to be carried on by 1t ar,
hereby declared to be as follows, to-wit:
To engage In buying and selling, renting
leasing, mortgaging and dealing In 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 ant
apparatus and to have all power usual!
incident TO the carrying out Of the business
specified.
ARTICLE ".
The capital stock OF this corporation i
hereby fixed at the sum Of forty Thousand
dollars (S40,0OO.00), divided into four thou
sand shares OF the par value Of ten dollar
$4,000 per share, payable on the call o
the board Of directors.
This corporation shall become a goin,
concern as soon as three thousand dollar
scribed for. Shares may be issued in pay
ment of property conveyed to the corpora
ton, or services rendered. No transfer 0
stock shall be binding on the corporation
until made upon Its books.
ARTICLE V.
All the corporate powers of this corpor
| alton and the control and management o
Its affairs shall be vested In and exercise,
by board Of directors to be composed o
not less than three and not more than min
members, who shall be elected by ballot Of
| the first Tuesday after the third Monda
OF May In each year, beginning in 1914, an
after ten days written notice shall have bee
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 n
election shall take place unless the majorit
OF the entire stock Is present or represente
at the meeting.
The board of directors shall, at its frs
meeting, elect a president, vice-president
| secretary and treasurer. Any failure I
| elect shall not vacate any Office and tn
board of directors and officers shall hol
over until their successors are duly electe
and qualified.
The first board Of directors shall be
William c. Lovejoy, John B. Esnard Star
ley ID. Graham, Ernest Dionne, George I
Overlng, and they shall hold Office unit
the first election provided for in this char
ter or until their successors shall have bee
duly elected and qualified.
ARTICLE vi.
This charter cannot be amended and thi
corporation cannot be dissolved except b
the vote Of the majority of the outstandin
shares at a meeting called for that pul
pose after ten days notice by registered lei
ter shall have been given to each stock
holder at the last address left by him wit
the secretary-treasurer. At the termina
tion Of this charter by Limitation or other