The herald., 1913-08-07

I fern and periOd of niuetv-nine years from
and after the date hereof; 10 contract, sue
| and be sued; to make and use corporate
| seal, and the same to alter ana break az
! pleasure: to hold. receive, purchase. hypOtl-
| cCate, convey, sell, lease or pledge, real ana
| personal property; TO issue negotiable bonds
| and notes. or other evidence Of debt; to
name and appoint such managers agents, dI-
| rectOrS and officers. as its business, interest
| and convenience may require: and TO 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
| tiOn.
| Article III-The objects and purposes for
| which this corporation IS organized and
| the nature of the business TO be carried on
| by it 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 SuaftS: 10 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; 10 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, r"hneries, 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-glycerlne,
| dynamite and the necessary machinery, en-
gines, drills and all appliances and cOnye-
nienccs for the use in connection with mining
and drilling for oil and gas and generally
| to do all things incidental to and everything
/ necessary to carry out the said objects and
| purposes of this corporation.
! Article IV.-The capital stock OF this cor
poration is hereby fixed 6d at 1 the sum Of , FIVE
and represented by fifty (5O) shares of stock
at the par value OF one hundred dollars
i (S100.00) per share. Said stock shall be
paid for in cash, or in such installments,
and at such time, and after such notice 10
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 perform
ed for the said corporation, or property or
rights actually received by said corporation.
| This corporation may become going con-
cern and shall be authorized TO commence
sand dollars (S3,OO0.OO) of its capital stock
shall have been subscribed for.
! Article V.-All the corporate powers OF
, said corporation shall be vested In and eX-
erciSed by a board of directors, TO be com
, posed of four (i) stockholders to be elected
! annually on the third Tuesday of January
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 directors.
Notice Of such elections shall be given by
, the secretary of this corporation by pubica
! tlon for not less than ten (10) days prior
: thereto in a daily newspaper published In
the English language in the city OF New Or.
| leans
; At all such elections and at all corporate
meetings, every stockhOlder shall be entitled
TO one vote for each share of stock standing
/ in his name, on the books Of this corpora
tion, to be cast by him in person, or by writ
ten proxy, and the majority of such votes
cast shall elect.
ANY vacancy occurring among the drec
e tors Of this corporation by death, resignation
e or otherwise shall be filed by election for
the unexp!red term by the remaining direc
: tors. A failure to elect directors on tht
!. date above specified shall not dissolve the
corporation, nor impair its corporate exist
cnce, but the directors then in office shal
: remain in office until their successors shall
= have been duly elected and qualified.
: The board of directors shall a its first
meeting elect from among it's members
e president, a vice-president, a secretary ant
a treasurer. or one person to act as botl
secretary and treasurer, as 1t may deter
mine: when the office Of secretary shall b'
held separately 1t may be occupied by ont
other than a stockhOlder.
The board of directors from time TO tint
may name and appoint all such other Off
GERS and agents as it may deem necessar,
:. for the purposes and business OF this cOrpOr
l. alton. The said board shall have power 4
3 fix and define the duties OF every officer an
V employee, and all officers and employees shal
r hold Office ana employment at the pleasure 0
= the board. The board may make and estah
d lish, as well as alter and amend, all sue
d bylaws, rules and regulations necessar
= and proper in its judgment for the cOnduc
d and management OF the business and affair
e of such corporation. The board of director
n shall have full power and authority TO boz
n row money, to execute mortgages and {
a create liens, to issue bonds, notes and othe
IS obligations, and the same 10 secure by NOR
p gage, pledge or otherwise and generally (
IS do any and all things reasonable cOnvenien
IS and necessary for the proper carrying on
d the business and affairs of said corporation
e. The board of directors may issue full pal
II shares of stock for cash, or In payment {
le labor done or services performed for tn
a. corporation or property or rights actuall
Is received by this corporation.
ID All transfers Of stock shall be made o
the books Of the company, and under sue
N rules and regulations as the board OF d
Id rectors may prescribe.
7e Article VI.-The following shall const
r tute the first board Of directors: Charles
III Thiel, Jr., Adam Lorch, Sr., j. p. Sehaeff'