The herald., 1913-09-18
CHARTER

sep Is % oct Is - 1913
CHARTER
OF THE TOOMEY OIL 4 GAS COMPANY.
| United States OF America, State of LOuisi-
ana, Parish Of Orleans, City OF New Or
| leans.
Be II known. that on this 10Th day Of Au-
| gust in the year OF our Lord one thousand
nine hundred and thirteen, before me, VIII
| liam Renaudin, a notary public, duly com
| miSSioned and qualified within and for the
parish OF Orleans, state of Louisiana, and
| in the presence of the witnesses hereinafter
| named and undersigned, personally came
and appeared the several persons whose
| names are hereuntO subscribed who declared
| that, availing themselves of the provisions
Of Act No. IS OF 1904, as well as Of those
| OF the general laws Of this state relative 10
| the organization of corporations, they have
contracted and agreed, and by these presents
| contract, covenant and agree, and bind and
| obligate as well themselves as such persons
| as may hereafter become associated with
| them, TO form and constitute a corporation
and body polite in law, for the objects and
| purposes, and under the articles and stipula-
tiOns following, to-wit:
Article 1.-The name and title OF the said
| corporation shall be the "ToOmey Oil 4 Gas
| Company" and under its said corporate
| name ii shall have power and authority and
| shall enjoy succession for the full term and
period of ninety nine (99) years from and
| after the date hereof: to contract, sue and
| be sued 10 make and use corporate seal
and same 10 break and alter at pleasure, to
| purchase, 10 receive, lease, hold and con-
vey, as well mortgage and hypothecate
under its corporate name, property both real
and personal. TO name and appoint such
| managers and directors. officers and agents
as the interest and convenience OF said cor
| poration may require, and to make and eS-
| tablish as well as alter and amend at pleas
| ure, such bylaws, rules and reguat iOns for
| the proper management and regulation OF
| necessary and proper.
Article 1.-THE domicile Of the said cor
goration shall be at New Orleans. pa ish OF
| Orleans state OF Louisiana, and all cita-
tons or other legal process shall be served
| upon the president OF said corporation or
| In case OF his absence, upon the vice presi-
dent. or. in the absence OF both OF these
| omcers, upon the secretary treasurer OF the
| corporation.
| Article IIl.-The objects and purposes for
| which this corporation Is established and
the nature OF the business TO be carried on
| by 1t, are declared and specified 10 be to
] purchase, own, hold sell, mortgage lease
ALLEVIATE, receive and otherwise acquire and
dispose or real estate, oil and mineral land
interest in lands. both in Louisiana and
| elsewhere. To buy, sell, own, lease or
otherwise acquire, and TO operate and main
tain as principal or as agent In this state.
| or elsewhere, drilling outfits, machinery, ap-
planes: apparatus and buildings Of every
| description used or suitable for use in the
extraction Of oil, gas or any other minerals
| from the earth, and for the housing pre-
servation. handling, refining and transporta-
| ton of the same when so extracted and
| particularly storage tanks ana pipe lines all
soiSy Ior the uses OF its own business, and
without power of eminent domain TO buy
| sell, or otherwise acquire and ALLEVIATE and
10 establish, export or import ell, minerals
or mineral products OF all kinds and in
connection with said objects 70 lease buy
sell, build, or otherwise TO acquire and TO
locate and maintain warehouses sheds stor-
age tanks, tank cars, dwellings, store house.
| and repair shops, to sell merchandise and
| carry general Store
and to conduct hotels, boarding houses and
| lodging houses for Its agents and employees
and generally to hold and exercise ali such
| incidental powers and privileges not express
| ~ excluded as relate to the objects herein
| before set forth.
Article Iy.-The capital stock OF the said
| corporation Is hereby fixed at one hundred
and fifty thousand dollars $3.50 OOO) diyid-
ed into and represented by one hundred and
| nifty thousand (150,00O) shares of the par
value OF one dollar (s1.0O) each. The
may be Issued and delivered to any person.
| hrm or corporation for the requirement of
| rights, privileges, franchises and property
purchased and acquired by this corporation.
| also In payment, settlement and adjustment
| or the cost, fees, charges and expenses, and
commissions incurred for services rendered
| In the formation and organization of this
corporation, and In acquiring and bringing
| about the purchase Of the property, rights
| and franchises aforesaid, also for cash or
| In Instruments of such amounts as the board
Of directors may determine, also for mer-
| chandise received or services actually rem
| dered to this company. The board of direc-
| tors as hereinafter created Is especially on.
thorized to dispose of the stock OF this COM
| of the purposes above stated, as in its judg-
ment may seem fair and proper. This com
pany shall begin business as soon as three
thousand dollars $4,000 of its stock shall
have been subscribed
Article V.-All the powers OF this cor
poration shall be vested in and exercised
by the board of directors composed Of five
C5) stockholders, any three of whom shall
constitute quorum for the transaction OF
business. The said board of directors shall
be elected annually on the second wednes-
day of January of each year. The first cleo
ton to ne held in the year 1915.
All elections shall be by ballot at the
once OIL the corporation under the supervi-
sion of three (3) commissioners to Be ap-
pointed by the board of directors, and, In
the absence OF any commissioner, the presi-
dent shall have the power to fill the place
bv appointment, and Of all such elections as
well as meetings Of stockholders, except for
the purpose OF liquidation or dissolution or
as otherwise required by law ten (1O) DAYS
notice shall be given by mailing to each
books of the company, at his last designated
address or to the General Delivery at New
orleans, II he has not designated an ad-
dress an announcement stating the time
and the place OF the meeting. Each share
holder shall be entitled to one vote for
each share OF stock standing In his name on
the books OF the company, cast in person or
by proxy. and the majority of the votes
cast shall elect. The board of directors
shall have the power to fill all vacancies
that may occur on the board. Failure 10
elect directors on the day above specified
shall not dissolve the corporation, but the
directors then In Office shall remain in office
until their successors are elected and quail.
fed d"
Due notice of another election shall forth.
with be given as above provided. Such no.
tice OF election shall be continued to be
given until an election is held The board
OF directors at the first meeting following
an annual election shall elect from their
number president, a vice-president. a sec.
rotary, and treasurer, all of whom shall
| be stockholders, and such other officers as
the board shall deem necessary. The board
shall have the power In it's discretion ia
unite two or more of the above Offices and
the same to confer upon one person and
shall have power to fix the salaries OF All
ofhcers and or such other officers as they
deem necessary. The board of directors
shall have the power to make and establish
as We as alter and amend all bylaws ruIe,
and re -ulations necessary and proper FOR
/ the supDort and management of the busines.
and affairs Of this corporation, NOT incon.
sistent with Its charter
The said board shall have also full mower
aud authority to borrow money through the
president or some other duly authorized
agent or agents to execute mortgages and
| issue notes, bonds or other obligations IN
sucn Q manner and on such terms as IN