The herald., 1913-12-25

e "a "a al r,,,cr,I and GAS rights. and
50 IL ;,,,.r.st - IarJs Lntb IN Louisiana
nd cisc,vbrrr To buv. sell. own. lease or
o,barv,,sa ,rn,,irr and 10 oprratc and main
- ,s Tr;,rin,l ar as apert IN this state or
sisa,rb,rr drilling outhts machinery appli-
arNrs anp,r.tr,s and buildings of every de
-; ',-.I ,r ,,,,t,LIr lar r., II, the ,.x-
,~,rt;nr If oil "a, ar any other minerals
-, The .,r,L M Tor M hnu.i,g rrr,rr-
I ,.,,;, b,,II,,',, r.rrir,, md ,r,rSn,rtatipn
| rf The sane when ;, extracted. and partlcll-
! l,rI, storayr ranks and rIp, line, ali SOLELY
So ,b, 49, ,f IT, oy-n iu,fnr,, and without
-. s~ - ,,,,i,,rt domain. IN Ln, srU a.
/ otherwise arguIrr and ALLEVIATE. and 10 e.
III, -, - -, III ,.,,,,.,.,r. .'..l
! '',,,,,i nraI"rr. ,f iii L,rI. aud IN ,.,r,,,.,
| t,nn yI,ib sgid ,rirrf, Ia lr1.r buy sell
! LuiId or otherwise 10 acuuIrc and to locate.
and maintain warehouses. sheds. storage,
| ,4uLs tank cars dwelling. srrr,i,r.,s auJ
| r,p,ir ,hops. 10 sell merchandise and ,.irr,.
| on a general store and ,n,rf1I,-,r, and Ia
conduct hotels boarding house, and lodging
houses for IT'S agent, and ,.ruplnyrc, and
| generally IA hold and r,,rris, Iii ,rrL mo-,
dental powers and privileges not expressly
excluded a, relate To tIr object. herein
/ before set forth.
| Article IN-Thr CAPITAL stock of The ,aid
CORPORATION Is hereby rNrd N forty thn,.au,i
] S+iuOuW and uu-jU0 dollars. divided mo
/ and rrprcscntcd bv one thousand SIX bundled
| Il tnUl share, of TWENTY-FIVE, (S15 mn dnlIyrs
| each. The whole of the said stock or any
part thereof NAV be issued and delivered Ia
any person rrn or corporation for The ar
qurrcmcut Of rights privileges, franchise, and
property purchased and acquired by th, cor.
uur.trror also IN paylucnr SER lrrIrrf and al
rustrucrt of the costs fee, rhs~p,, and ~
pru,c, and commission incurred lar service,
rendered m the, formation and nry,n,1,r,nu
Of tins corporation and ~ acquiring and
bringing about the purchase of the prnprriN
rights and franchises. aforesaid: also for
cash or m in>rallmrnr, of sr,rl amount a..
rn.. hoard pf ,Irrrr.-s may I,,.r,,+rr mo-. r..,
for merchandise received or .rryrrr, ,rtrraIl,
rendered 10 tins cogpuratiou The board OF
directors, as hereinafter created o., especially
authorized Co dispose of the stock OF tins cor
porarIuu lu whole or m part. for any and all
ut the PURPOSES above stated. "a, IN ITS Judg-
wcut may seem iaIr and proper Thu, cor
pnrltr"u snail begin business rs soon as three
Thousand ,SE,uuuu dollars o. %, stock snail
nave been subscribed
Article \.-AI the powers OF this corpora
tluu shall Ice vested On and exercised Uy rh,
board Ut directors. composed I'd ~ryr. g.
stockholders. and any f.4r 04I % whom shall
constitute % quorum Tor tine Transaction 81
business The SAID board ui directors shall
j.. elected annually ou the hr,j tuesday 90
MAY OF each NtAr. The .r~t election 10 he.
held .u the year l.l-
A! elections shall ice 10y ballot AZ the office
'i the Cr"p"raN0u under the supervision ur
three 49, commissioners 20 be appointed by
the board OF directors, and. on the a>rr,r ~
any commissioner, the president shall nave
the power 10 AL the place bv appointment.
and all elections a. well as meetings of stock
holders, except Tor the purpose Of lIguldsfinr,
or dissolution, or a. Otherwise required by
law; ten Nul days notice shall be given by
mailing To- each stakeholder Who annra-s a.
such the books OF the corporation n In,
last designated address or To the general de-
livery AT New Orleans, If he has not dcsiu-
mated hIS address an announcement stating
inc time and place OF the meeting. Each stock
holder SHAH be entitled TO one vote for each
share OF stock standing in his name on the
BOOKS OF the corporation, cast in person or by
proxy, and the majority of the votes cast shall
elect. The board Of directors shall have the
power TO MI all vacancies that NAV occur nj,
the board. Failure TO elect directors on the
day above specihed shall not dissolve the
COOPERATION, but the directors then in office
snail remain IN office until their successors
are elected and qualified. Dus notice OF an
other election shall forthwith be given. as
above provided. Such notice Of election shall
| be continued until an election IS held
The board OF directors at the first rleetiu,
| following an annual election shall elect from
| their number president a vice-president.
| a secretary and a treasurer. all OF whom shall
be stool holderS. and such other officers as the
| board shall deem necessary.
| The board OF directors shall have the power
and proper for the support snd
agernent OF the business and affairs Of Tins
lcoTporatiOn, not inconsistent with its charter
The said board shall have full power and
authority TO borrow money through its presi
dent some other duly authorized agent OF
agents; to execute mortgages and issue notes
bonds or other obligations in such a manner
and on such terms as in their judgment ma,
be advantageous. and generally 10 Do all nh,
things necessary for the proper carving t ' o,
OF the business Of said corporation: also t,
| rOWed. money, labor. services DroDsrty a