The herald., 1913-09-04

nnIitic in law for the objects and purposes
and under the articles and stipulatlOnS ioI
lowing, tO-wit
Article 1.-The name Of this corporation
shall be limited Oil and Gas Company,
and under its said corporate name IL shaIi
have power and authority 10 have ana
enjoy corporate existence and succession lor
the full term and period of ninety-nlne years
from and after the date hereof to contract,
sue and be sued TO make and use cor
pOrate seal, and the same 10 alter ana break
at pleasure 10 hold, receive, purchase, ny!
potheCate, convey, sell, lease or pleuSe redl
and personal property; to issue negotiable
bonds and notes or other evidences ol uto''
TO name and appoint such managers, agents
directors and officers as Its business, inter.
est and convenience may require ana 10
make and establish, as well as after ana
amend from time TO time, such bylaws
rules and regulations for the proper govern
ment of the affairs OF this corporation as
NAV be necessary and proper.
Article 1.-THE dOmicile Of this corpOr-
alton shall be in the city OF New Orledns;
state of Louisiana, and all citations anu
other legal process shall be served upon
the president of this corporation, or, In the
event of his absence, upon the yice-presldent
thereof and, in the absence or both OF salu
officers, upon the secretary OF said corpora
ton. e.,
Article III.-The objects and purposes for
which this corporation is organized ana
the nature of the business TO be carried ON
by il are hereby declared TO be
To buy ana 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, drlli'
mine bore and sink wells and shatts' 10
produce convey and transport oil, petrO-
ieum gas and other minerals; TO carry on
the business of storing and prospecting Tor,
mining, producing, refining, mahulaGturlns'
piping transporting, buying and selling pc
troleum and other oil products; TO buy,
sell, furnish and supply the same; TO Oper
ate, build construct, pump and maintain
| hY,ilA r1igf m
chase, maintain aud operate. warehouses
pumping plants, pipe lines reiineries, facto-
ries, mills, workshops, laboratories ana
dwelling houses for wOrkmen and others ;
to manufacture, buy, sell, import, export and
deal in pumps, drills, fuses, caps, candles,
nitroglycerine, dynamite, and the necessary
machinery, engines, drills and all appll-
ances and conveniences for the use in con
nection with mining and drilling for oil and
gas (: and generally to do all things lnclden-
tai to and everything necessary to carry out
the said objects and purposes of this cor
pOratiOn.
Article IV-The capital stock of this cor
poration is hereby fixed at the sum of one
hundred fifty thousand dollars lSloo,OOOl,
divided into and represented by thirty thou
sand (30,OO0D shares OF stock at the par
value of five $1,000 dollars per share said
stock shall be paid for in cash, or in such
installments, and at such time, and after
such notice TO the subscribers as the board
of directors may fix, or the same may be
issued at not less than par for labor done
or services performed for the said corpora
ton, or for property or rights actually re-
ceived ny SAID corporation.
This corporation may become going con-
Germ and shall be authorized TO commence
business when and as soon as three thou
sand dollars (S3,O0O.O0) Of its capital stock
shall have been subscribed for.
Article V.-All of the corporate powers
of said corporation shall be vested in and
exercised by a board of directors to be COM
posed of five 90 stockholders TO be elected
| n m Of
in each year.
All such elections shall be by ballot, and
shall be held and conducted at the office
of this corporation under such regulations
| as may be established by the board of di-
rectOrs.
Notice of such elections shall be given
| by the secretary of this corporation by pub
| LEGATION of not less than ten days, prior
| thereto, in a daily newspaper published in
| the English language, in the city of New
Orleans.
At all such elections and at all corporate
meetings, every stakeholder shall be entitled
| to one vote for each share of stock standing
| in his name on the books of this corpora
ton, to be cast by him in person, or by
written proxy, and the ma jOrity of such
votes cast shall elect.
Any vArancy occurring among the direc-
| tors of - corporation by death, resignatio
| or otherwise shall be filled by election for
| the unexpired term by the remaining direc-
| tors.
| n
above specified shall not dissolve the corpor-
alton, nor impair its corporate existence
| but the directors then in office shall remain
in office until their successors shall have
been duly elected and qualified.
| The board of directors shall at its meet
| ing elect from among its members a presi-
| dent, vice-president, u secretary and a
treasurer, or one person to act as both sec
| rotary and treasurer, as ii may determine
when the Office Of secretary shall be held
| separately IL may be occupied by one other
than a stakeholder.
| The Doard Of directors from time to time
may name and appoint all such other Off.
| GERS and agents as ii may deem necessary
! for the purpose and business of this cOrpOr-
| alton. The said board shall have ,ne power
to fix and define the duties OF every officer
and employee, and all officers and employees
shall hold office and employment at the
| pleasure of the board. The board NAV
make and establish, as well as alter and
amend, all such bylaws, rules and regula-
tons necessary and proper in its judgment
| for the conduct and management of the
| business and affairs of such corporation
| The board of directors shall have full power
and authority to borrow money, to execute
mortgages, and to create liens, to issue
| bonds, notes and other obligations and the
| same 10 secure by mortgage, pledge or other
WISE and generally TO do any and all things
| reasonaDIe, convenient and necessary for
the proper carrying on of the business and
affairs of said corporation.
The board of directors may issue full-paid
shares OF stock for cash, or in payment OF
laOor done or services performed for this
corporation or property or rights actually
eceived by this corporation.
All transfers OF stock shall be made on
the books Of the company, and under such
rules and regulations as the board of direc-
tors may prescribe.