The weekly messenger., 1913-10-18
CHARTER,
STATE OF LOUISIANA.
PARISH OF ST. MARTIN.

STATE OF LOUISIANA.
PARISH OF ST. MARTIN.
Be it known that Oh this third day of
June 1913, before me the Undersigned
authority personally came and appear
cd: G. R. do Laursal. p. X. Burke, l.. v.
Liable, Thomas Stark. &. l.. Liable, T..
Martin. +. X. Liable, Rev. j. Nj. LauglOlS,
who declared unto me, Notary. in the
presence OF the witnesses hereinafter
named that desiring to avail themselves
Of the laws of this State relative to the
organization of corporations and to ac-
quirs the rights. powers and privileges
OF body corporate, they do form them
selves into corporation under the name
aud style, and for the purposes herein
after specially set forth. tO-wit:
ARTICLEI.
The name and title of this corporation
shall be the Parks Oil Co., it's dOmiclle
is hereby established at st. Martinville,
Parish Of st. Martin. State of Louisiana;
aud under its corporate maine said cor
poration shall have power and authorl-
ty to contract, sue and be sued. to maxi
and Use corporate seal, and the sai1e
to break and alter at pleasure, tO hold.
receive, purchase. mortgage Or convey,
under its said corporate name property,
real aud personal, to name and appoint
such officers, directors. agents ana man
agsr or employees as the Interest or con-
ysniencs oI said corporation may re-
auire, " make anu establish bylaws,
rules aud regulations TOR the proper
managemenL and leg gulatiUn vi IL, af-
fairs az may deemed necessary ana pro-
Der and The same To change anu alter al
pleasure; and tO do all other acts and
things permitted by laws or ao shall or
may bs necessary anu proper to carry
out the objects aud purposes ot said
corporation.
Said corporation, unless sooner dis
solved shall exist for a period Vi thirty
years FROM date. The President. Or III
his absence, the Secretary and Treasu'
rer, shall be the proper person upon
whom citation anu other legal process
shall bs served.
ARTICLE III.
The objects aud purpose for which this
corporation is organized and the nature
of the business u Ue carried On art
hereby declared tO be to engage III the
business Of drilling upon or otherwise
exploring such lands as 1t may require
in full Or part ownership VI 10 which II
may acquire any rights whatever fol
the purpose Vi discovering oil. gas ol
minerals; anu the same tU eXpiUre fol
commercial purposes. 10 undertake. al
works and make all contracts 10 thai
end dusii able, and SUCH products as II
may bring forth to sell Or otherwise dis
pOse Of; this organization 10 make al
such works or enterprises as may iaci-
stOriug Of products. the sale and dell
very thereof, ami III fine, tO do all taing'
necessary vr conducive ~ The Ueueut O
said enterprise.
ARTICLE Ill.
The capital stock shall be Twenty
Thousand Dvliars, divided into share:
of Fifty Dollars each. which stock shat
be paid for in cash at the time OF IL,
subscription or its issuance at not les:
than par. Stock may be issued IN ex-
change for property or rights actually
received Or purchased by the corpora
tiOn, or for such valuable consideration,
or services rendered As may be deter
mined by the Board of Directors. proyi-
dsd the value Of the stock, 80 issued
shall be clearly equal to the consldsra
tion thereof; aud provided that no stock
shall issue until the consideration
thereof shall have been received by said
corporation. No stockholder shall sell
his stock until fifteen days prior notice
of his intention to. sell be given TO the
company. and the stockholders shall
have the first privilege Of purchasing
same. No transfer shall be made with
out the proper entry thereof Oh The stock
book Of said company. This corporation