The herald., 1913-08-14

I term and period Of uinety-nine years from
and after the date hereof; TO contract sue
and be sued TO make and use corporate
/ seal, and the same TO alter ana break al
! pleasure; TO hold receive, purchase, hypoth,
! ccate, convey. sell, lease or pledge, real ana
! personal property; to issue negotiable bonds
/ and notes, or other evidence of debt; 70
! name and appoint such managers agents, dl-
| reCtOrS and officers as its business, interest
and convenience may require; and 10 make
| and establish as well as alter and amend,
| from time 10 time, such bylaws, rules and
! regulations for the proper government OF the
/ affairs OF this corporation as may be neccs-
| Sary and proper.
Article 1.-THE domicile OF this corpor-
| alton shall be in the city OF New Orleans,
| state Of Louisiana. and all citations and
| other legal process shall be served upon The
| president Of this corporation, or in the
event OF his absence, upon the vice-preSident
/ thereof and, in the absence OF both of said
officers, upon the secretary Of said corpora
| ton.
Article III-The objects and purposes for
which this corporation IS organized and
| the nature OF the business to be carried on
| by il are hereby declared TO be:
To buy and sell real estate and personal
property, and to develop the same, and to
locate purchase, lease and acquire lands.
with the exclusive rights to prospect drill,
mine bore and sink wells and SHAFTS: TO pro
/ duce, convey and transport oil, petroleum,
gas. and other minerals; TO carry on the
| business OF storing and prospecting FOR, min
! ing, producing, refining, manufacturing, pip
| ing. transporting, buying and selling petro-
| leum and other oil products; to buy, sell,
| furnish and supply same; to operate, build,
construct, pump and maintain oil and gas
wells; TO build, construct, purchase, main
| tain and operate warehouses, pumping
plants, pipe lines, reiineries, factories, mills.
! workshops. labOra tories and dwelling houses
for workmen and others; to manufacture.
buy. sell, import, export and deal In pumps,
drills, fuses, caps, candles, 'nitro-glycerine,
dynamite and the necessary machinery, en-
gines drills and all appliances and conve-
niences for the use in connection with mining
and drilling for oil and gas; and generally
to do all things incidental to and everything
i necessary to carry out the said objects and
purposes OF this corporation.
Article IN.-The capital stock or this cor
pOration Is hereby fixed at the sum OF five
thousand dollars (S5,0000OD, divided into
and represented by fifty 600 shares OF stocl
at the par value of one hundred dollar:
!. 100000 per share. Said stock shall b'
paid for in cash, or in such installments
and at such time, and after such notice L
the subscribers as the board OF directors NAY
fix, or the same may be issued at not les
, than par for labor done or services perform
ed for the said corporation, or property o.
rights actually received by said corporation
/ This corporation may become a going con
Germ ana shall be authorized TO commenc
business when and soon as three thou
sand dollars (s3,OO0O0) of its capital stool
shall have been subscribed for.
5 Article V.-All the corporate powers o
e said corporation shall be vested in and eI
2 posed of four "a stockholders to be electe
| annually on the third Tuesday of Januar
{ in each year.
Z All such elections shall be BY ballot, an
c shall be held and conducted at the office O
4 this corporation under such regulations a
may be established by the board OF directors
Notice of such elections shall be given b.
e the secretary Of this corporation by publicS
tiOn for not less than ten (10) days prio
thereto in a daily newspaper published !
: the English language in the city Of New OF
: leans.
8 At all such elections and at all corporal
. meetings, every stakeholder shall be entitle
d to one vote for each share of stock standin
h in his name, on the books Of this corpora
ton, TO be cast by him In person, or by writ
ten proxy, and the majority OF such vote
!. cast shall elect.
I ANY vacancy occurring among the dire,
z tors Of this corporation by death, resignatio
. or otherwise shall be filed by election 10
: the unexplred term by the remaining dire
!, tors. A failure to elect directors on tn
). date above specified shall not dissolve III
corporation, nor impair its corporate exis
z cnce. but the directors then in office sha
: remain in office until their successors sha
) have been duly elected and qualified.
/ The board of directors shall at its frs
= meeting elect from among its members
e president, a vice-president, a secretary an
o a treasurer, or one person to act as bot
secretary and treasurer, as 1t may dete
mine; when the office Of secretary shall
held separately 1t may be occupied by or
| other than a stakeholder.
: The board Of directors from time to tin
may name and appoint all such other of
GERS and agents as Ii may deem necessaI
l. for the purposes and business OF this cOrpO
a. alton. The said board shall have power
s. fix and define the duties of every officer ar
" employee and all officers and employees sha
lr hold Office and employment at the pleasure
r the board. The board may make and esta
d lish, as we'll as alter and amend, all SUI
Id bylaws, rules and regulations necessa
e. and proper In its judgment for the condu
ID and management Of the business and afai
ne of such corporation. The board of directo
In shall have full power and authority to be
er row money, to execute mortgages and
Id create liens, to issue bonds, notes and 9th
es tions, and the same to secure by mol
L. gage pledge or otherwise: and generally
VS. do any and all things reasonable, convene
es and necessary for the proper carrying on
ed the business and affairs OF said corporate
e. The board Of directors may issue full pa
I'll shares OF stock for cash, or in payment
ne labor done or services performed for Il
a corporation or property or rights actual
rs received by this corporation.
nd All transfers Of stock shall be made
the books of the company, and under su
on rules and regulations as the board Of
nd rectors may prescribe.
We Article Vf.-The following shall cons
,r- tute the first board of directors Charles
Ill Thiel, Jr., Adam Torch, ST., ]. p. Schaef