The herald., 1913-10-02

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posed OF five 90 stockholders 70 be elected
annual on the fourth Monday OF January
in each year.
All such elections shall be by ballot and
shall he held and conducted ar the ollie
of this corporation under such regulation
a. may be established by the board OF Ill
rectOrs
Notice Of such elections shall De- given
LEGATION OF not less than ten DAYS, prior
thereto, in daily newspaper published ~
the English language, in the city ot New
At AL such elections and at all corporate
meetings, every stakeholder shall be entitled
to one vote for each share ~ stock standing
in his name on the books Of this corpora.
tion. to De cast by him in person, or 10y
written proxy. and the majority OF such
votes cast shall elect.
ANY vacancy occurring among the direc
! tors OF & = corporation ny death, resignation
or otherwise, shall be filed by election for
the uneXplred term by the remaining dlrrr
tors
failure 10 elect directors on the date
above specified shall not dissolve the ,orprr
alton. nor Impair It's 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 preSl
dent. Tice-president secretary and :
treasurer or one person 10 act as both sec
rotary and treasurer, as II NAV determine 8.
when the office Of secretary shall Dee held
separately It may De occupied by one other
/ than a stakeholder.
! The card OF directors from time 20 um,
/ may name and appoint all such other Off
GERS and agents as II may deem necessary
! for the purpose and business ~ this cOrpor
alton. The said board shall have ,lr ppwr-
| 10 fix and define the duties OF every IN -
and employee. and all officers and employees
| shall hold once and employment at the
| pleasure OF the board. The board may
make and establish, as well as alter and
amend. all such bylaws, rules ant rrEuld
/ tons necessary and proper in its Judgment
( for the conduct and management OF tn.
| business and affairs OF such corporation.
/ The board OF directors shall have full power
| and authority TO borrow money. to execute
I mortgages, and to create liens, 10 issue
! bonds. notes and other Obligations, ana tho
! same 10 secure by mortgage. pledge or other
/ wise and generally TO DO any ana all things
| reasonable. convenient and necessary for
/ the proper carrying on OF the business and
I affairs OF said corporation.
/ The board Of directors may Issue fullpaid
/ shares Of stock for cash, or Ia payment %
iao"r done or services performed for this
/ corporation or property or rights actually
| eCeiyed 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-
Article 'VL-The following shall consti
/ tute the first board ~ directors W. &. Love
/ joy, T. A. Wagner A. ). Chenet !. W Sbel
don and f. H. Rice. with W c. LOveioy a.
president, +. A Wagner as vice-president
and J. W. sheldon as secretary and treasurer
The saiu board Of directors shall hold OF
fee until the fourth Monday Of January
1916, and until their successors shall have
been duly elected and qualified.
| Article ElI.-Whenever this corporation
shall be dissolved, either by limitation, OF
from any other cause, its affairs shall be
| liquidated by three commissioners 10 be ap
pointed from among the stockholders at a
general meeting Of the stockholders convened
for such purpose Of which meeting notice
|
vided for stockholders meetings by Articl,
VIII OF this charter, and a ma iOrity In
amount OF the capital stock OF said corpor
| alton, represented at such meeting, shall b,
! requisite TO elect. Said commissioners shall
| remain N office until the affairs Of sa al cor
poratiOn shall have been duly liquNated In
commissioners, the vacancy Snail BE- filled
by the surviving commissioners.
Article VIII.-This act OF incorporation
may be modified, changed or altered, or ss I'D
| corporation may be dissolved with the con.
sent of three-fourths (3-4) OF the capital
| stock represented at a general meeting OF
| the stockholders convened for such purpose
| and after notice shall have been given In
one or more newspapers published in the
| city OF New Orleans, once week for four
weeks preceding the meeting. and by writ
ten notice to each stakeholder mailed to
him to his last known place OF business, or
domicile, thirty days prior TO the date OF
the meeting.
Any change proposed or made in referenc.
ance with the laws OF the state OF IouisL
ana, on the subject OF altering the capital
stock OF corporations"
Article IX.--No stakeholder shall ever
be held liable for the contract or faults OF
said corporation, in any further sum than
the unpaid balance due the corporation on
the shares Of stock owned by him; nor shall
any mere informality In organization have
the effect of rendering this charter null,
or OF exposing the stockholders to any liza
blity beyond the unpaid amount remaining
due on his stock.
Article X-The subscribers hereto have
written opposite their respective names the
amount Of stock in this corporation sub
scribed for by each of them, and this act
OF Incorporation shall serve as the original
subscription list OF said corporation.
Thus done and passed in my office at the
city of New Orleans, on the day, month and
year hereina boye first written, in the pres
Seeber, competent witnesses, who have here
unto signed these presents, together with
the said appearers and me, notary, after
due reading OF the whole.
Chenet,. W. c. Lovejoy. ]. w; Sheldon, +. c.
BautOvich f. A Wagner Witnesses. VIM.
V. Seeber, Anthony ]; Rossi.
CHAS. |. DENECHAUD, Notary Public.
|, the undersigned recorder Of mortgages
In and for the parish of Orleans, State OF
Louisiana, do hereby certify that the above
and foregoing act Of Incorporation OF the
United OH and Gas Co. was this day duly
recorded in my Office, in book 1119 folio -.
(Signed) EMILE ]. LEONARD, by. r.
| hereby certify the above and foregoing
to be true and correct copy Of the original
act of Incorporation of the United Oil and
Gas Company, together with the certifcat e
| of the recorder of mortgages thereto affixed.
tached my seal OF office and signature.
CHAS. l. DENECHAUD, Notary Public
| sept IL Is % oct 2 0