The herald., 1913-10-02


PHILIP GENsLEE, JR,
(SeaiD Notary Public.
sep IS % oct . 10 % 1918
OF THE BURGLASS OIL MINERAL
COMPANY.
August 3Oth, 1913.
State of Louisiana. Parish of Orleans. CitV
OF New Orleans.
BE it known that on this thirtieth day
OF the month Of August, in the year one
thousand nine hundred and thirteen (l9l3),
public In and for the parish OF Orleans,
state of Louisiana, duly commissioned and
qualified, and therein residing. and IN the
presence OF the witnesses hereinafter named
and undersigned, personally came and ap
peared the persons whose names are mere
unto subscribed, who seyerally declared th2t
availing themselves OF the laws or the state
Of Louisiana in such cases made and pro
vided they have agreed and by these pres
entS agree aud form themselves, us well as
such other persons as may hereafter become
associated with them, into a corporation Tor
the objects and purposes and under the ar
ticles and terms following, tO-wit
Article 1.-The name and title OF this cor
pora ton shall be the Burglass Oil X Mineral
Company, under which name II shall enjoy
succession for ninety-ntn years from the
date hereof 10 contract, sue and be sued ;
to make and use u corporate seal; to hold,
receive, lease. purchase, sell, convey, mort
gage, affect and hypOthecate property both
real and personal, to make all necessary by
laws rules and regulations for the proper
manag cement oil Its affairs, and the same 70
alter, amend or repeal at pleasure and in
general TO have all the powers that are coD-
ferTed on corporations organized Tor the
purposes of the present corporation, and 10
do and perform all acts and things requisite
and necessary TO carry out the purposes
of said corporation.
Article 1.-THE domicile of this corpOr-
alton shall be in the city OF New Orleans.
state OF Louisiana, where citation and other
legal process shall be served on the presi-
Ja,, ar in IaFa M fhASa
retNy.
Article III.-The objects and purposes Of
this corporation and the nature OF the bus
mess to be carried on by II are hereby de-
clared 10 be as follows:
To own, acquire, buy, sell, exchange. lease,
donate, mortgage, hypothecate, improve and
develop real estate and the products OF said
real estate In the state OF Louisiana, or
| elsewhere; to prospect, mine, drill and bore
| for oil, gas, sulphur, or other minerals; 10
operate OH aud gas wells or sulphur mines
| to manufacture refine. buy and sell petro
| leum and other oil products and by-pro'
| ducts; TO lease maintain and operate ware
houses, pipe lines. pumping plants, refiner'
| les. railroads: 10 acquire by purchase OF
| pledge and transfer the same; and generally
| to engage in or conduct any business or
| enterprise Incident to or growing out OF OF
| tending to the advantage or fuller develop
ment OF the aforesaid objects and purposes
Article iV.-The capital stock Of this cor
poration shall be fifteen thousand (S15,OoUt
dollars, divided into three hundred shares
| 1900 OF the par value OF fifty (S5O00) dol
lars each which shall be paid for in cash
or it's 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
| five thousand (S5,000.00) dollars of Its 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 stakeholder 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
| purchase said stock within thirty 800 days
| from said notice. the stakeholder Offering
said stock may sell or dispose Of same to
any person whatsoever.
Article V.-Ai the corporate powers OF
| this corporation shah be vested In and eI
ercised by a board Of directors, consisting
Of five stockholders, who shall be elected by
the annual meeting of the stockholders to
he held on the third Monday of August OF
each year
A majority Of the board of directors shall
constitute quorum for the transaction OF
The OfHcers OF this corporation shall be
| president, first vice-president, second vice
| president, secretary and the treasurer. They
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 OF
officers from whatever cause shall be filled
| by the remaining members Of the board
The board Of directors shall have power
without reference to the stockholders to
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
majority Of votes cast shall elect.
At all meetings each stakeholder shall
be entitled to one vote either In person oil
by written proxy for each share Of stock
| corporation; provided, that no stock shall
| be voted at any meeting which has beer
transferred on the books Of the corporal ton
within thirty days prior TO said meeting. -.
their successors are elected and qualified
the board of directors of this corporation
shall consist Of Abraham Burglass, Edward
III. Walsdorf w. Z. Flower F. H Iapde nd
+. W. Giles, with Abraham Burglass, presi
dent Z. ii. Walsdorf, first vIce-president
W. y. Flower. second vlce-president; F. III
I.ande, treasurer and K. W. Giles, secre
tary.
Article VI.-This act of Incorporation may
be changed, altered, or amended, or the
corporation dissolved, by a vote of two.
thirds of the stock present or represented al
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.
pers published In the city Of New Orleans
Article Vino stakeholder shall ever
be held liable or responsible for the con.
tracts or faults Of the corporation In any
further sum than the unpaid balance due
on the shares OF stock owned by him or FOR
which he has subscribed nor shall any In
formality in organization or the failure ia
hold meetings or to elect officers or direc
tors, at any time, have the effect Of render
Ing this charter null, or of exposing any
stakeholder to any liability beyond the un
paid balance due ON his stock.
Article V1II.-At the expiration of this
charter, or when this corporation Is other
wise sooner dissolved, Its affairs shall be
liquidated by two liquidating commissioners
to be elected by the stockholders at a meet
Ing convened for that purpose, after notice
OF said meeting shall have been given as pro
yided In Article vi. In the event of the
death or disability, for any cause, OF one
naming commissioner shall act as sole H.
quidating commissioner. In the event OF
the death or disability, by any cause, OF
both OF said liquidating commissioners Their
| successors shall be elected by the stockhold
ers at a general meeting to be convened a:
| hereinabove provided.
Thus done and passed In my Office In the
city of New Orleans on the day, month and
year first above written, In the presence Of
Chas. Jumonville and p. r. Ferrera, com
petent witnesses, who have hereunto signed
their names, together with said appearers
and me, notary, after reading OF the whole
and who declare this to be their stock sub