The herald. [volume] (New Orleans, La.) 1905-1953, 1913-10-16

Of New Orleans
Be il known that on this thir,ieth day
Of the month of August. in the year one
thousand nine hundred and thirteen tl2l"'
before me Wynnc Grey Rogers. a notary I
uubllc ia and for the parish OF Orleans
state of Louisiana, duly commissioned and
uualiucd ana therein residing, and in Inc
presence Of the witnesses hereinafter named
and undersigned, personally came ana ap
pearcd the persons whose names are n,tt
milo subscribed, who Scvvrally declared tLdt /
awaiting themselves Of the Laws OF the stale |
of Louisiana in such cases made ana pro |
yldcd they have agreed and by tines" pres
euts agree aud form themselves. a. well as /
such other persons is may hereafter become
associated with them, into corporation Tor |
the objects and purposes ana uud"r the AT /
tlclcs and terms following, t"-WH
Article THE name and title OF TINS cor /
poratiOn shall he the BurglaSs on X Mineral
I Ompany, under which name II shall enjoy /
succession for uinety-nine years from Inc
date hereof: TO contract, sue aud be sued |
10 make and use corporate seal; 10 hold, !
receive. lease, purchase. sell, convey, mort |
gage, affect and hypothecate property Doih
real and personal, To make az hecessat! os |
laws rules and regulations FOR the proper !
management OF its affairs, and the same 10 |
alter, amend or repeal at pleasure ana IN
general to nave all the powers that are con ,
frrrcd on corporations organized for the
purposes of the present corporation, and 10 |
10 and perform all acts and things requisite
and necessary 10 carry out the purposes
Of said corporation
alton shall be In the city of New Orleans.
state 81 Louisiana. where citation ana Oth'r
legal process shall br served on the pFesl-
dent or in default of these on the see
Ariic.e uI-The objects and purposes OF
this corporation and the nature Of the Dus
mess TO be carried on by II are hereby De
rlavcd 10 he as follows:
TO own. acquire, buy. sell, exchange, lease,
donate, mortgage. hypOtheCatt, improve ana
develop real estate and the products of said
Il l. hn fEf - If N
elsewhere 10 prospect, mine, drill and bore
tor oil, gas, sulphur, or other minerals 10
operate GA ana gas wells or Shlphur mines
10 manufacture, refine. buy ana sell petrO
leum and other oil products and by-prO-
ducts; to lease. maintain and operate ware
houses, pipe lines, pumping plants, rehher'
les, railroads: TO acquire by purchase or
otherwise personal property. ana 10 sell.
pledge and transfer the same: AMI G'hefdliI
~ engage in or conduct any business or
enterprise incident 10 or growing out OF or
tending to the advantage or fuller develop
ment of the aforesaid Obiec,s and purposes.
Article lN.-The capital stock OF TINS cor
pOratiOn shall be fifteen thousand tSl".oS"l
dollars, divided into three hundred shares
t3OOD Of the par value of fifty $4,000 dol
lars each, which shall he paid for in cash
or its equivalent, for property, for labor
performed or services actually rendered.
This corporation shall be a going concern
and authorized 10 begin business as soon as
i've thousand ($jOOu.OOl dollars OF lis cap
ltal stock shall have been Subscribed for
All transfers of stock shall be made by
the owner or mis- agent duly authorized In
writing upon the books of the company and
upon the production and surrender OF the
certificate of stock.
no stockholder shall sell or dispose OF
| his stock without having offered the same
| for sale in writing TO the corporation,
| through ITS board Of directors, who shall
have the first opportunity TO purchase same
| at the market value thereof, and should
| the said board Of directors fail or refuse 10
| purchase said stock within thirty t3Ol days
] 4 h hs1l nV. n PaF &c
said stock may sell or dispose of same 10
| any person whatsoever.
| Article V.-AH the corporate powers of
| this corporation shall be vested in and eX-
OF five stockholders, who shall be elected by
| the annual meeting of the stockholders to
no held on the third Monday Of August OF
4 majority of the board Of directors shall
| constitute a quorum for the transaction OF
| business.
The officers Of this corporation shall be
| president, first vce-preSident second Vice
| president. secretary and the treasurer. They
| shall be elected annually by the board OF
directors, and shall, therefore, constitute the
| said board of directors as hereinabOve pro
| vided.
All directors and officers shall be elected
| FOR the term of one year. but shall hold their
| respective offices until their successors are
elected and qualified.
Any vacancy in the board Of directors or
officers from whatever cause shall be filed
by the remaining members or the BOARD.
| The board of directors shall have power
| without reference TO the stockholders 10
buy, sell. lease, mortgage, hypOthecate and
pledge all kinds of property on behalf OF
the corporation and generally TO exercise
all power conferred on this board OF direc-
tors by these articles Of Incorporation.
All elections shall be by ballot and the
| ma jOrity OF votes cast shall elect
At all meetings each stakeholder shall
be entitled to one vote either In person or
by written proxy for each share Of stock
standing IN his name on the books OF the
corporation; provided that no stock shall
be voted at any meeting which has been
transferred on the books Of the corporation
within thirty days prior to said meeting.
/ Until the first annual election or until
their successors are elected and qualified
the board of directors Of this corporation
shall consist Of Abraham Burglass, Edward
F. W. Giles, with Abraham Burglass, presi
dent; f. ii. Walsdorf, first vlce-president
W. y. Flower, second vlce-preSident; +. ii
Lande, treasurer and r. W. Giles, .secre
tary.
Article VI.-This act OF incorporation ma
be changed, altered or amended, or the
corporation dissolved, by a vote Of two
| thirds OF the STOCK present or represented al
a general meeting of the stockholders called
for that purpose, after ten (10) days notice
of said meeting shall have been given by
advertisement: In one Of the daily newspa
Article Vino stakeholder shall evel
be held liable or responsible for the con
| tracts or faults OF the corporation in AM
further sum than the unpaid balance due
on the shares Of stock owned by him or fo
which he has subscribed nor shall any In
formallty in organization or the failure t.
hold meetings or to elect officers or direc
tors, at any time, have the effect OF render
Ing this charter null, or of exposing an.
stakeholder TO any liability beyond the un
paid balance due on his stock
Article VIlI.-At the expiration OF thi
charter, or when this corporation Is other
! wise sooner dissolved its affairs shall b.
liquidated by two liquida ting commissioner
, TO be elected by the stockholders at a meet
Ing convened for that purpose, after MOTTO
OF said meeting shall have been given as pro
vided In Article VI In the event of tn
death or disability, for any cause, of on
=. | Of the llqudating commissioners the re
naming commissioner shall act as sole II
! quldating commissioner. In the event o
the death or disability, by any cause o
! both OF said liquidating commissioners. thei
J successors shan be elected by the stockhOld
= ers at a general meeting to be convened a
hereinabove provided
Thus done and passed in my Office in tn
city of New Orleans, on the day, month an
J year first above written, IN the presence o
{ Chas. Jumonvllle and Z. x. Ferrera, CON
petent witnesses who have hereuntO signe
their names, together with said appearers
and me. notary, after reading Of the whole
: and who declare this to be their stock sui
J scription list
Original signed Edw. H. Walsdorf 2
, shares Frank III. Lande, 10 shares A. Bul
| glass so shares; W. =. Flower, 35 shares
Witnesses p. Il. Ferrera, Chas. Junior
Vile.
/, wYNNE G. ROGERS, Not. Pub.
l. the undersigned recorder of mOrtgag