The herald., 1914-12-17
CHARTER
OF LOUISIANA MEXICAN MINING COM.
pANl, INC.

, nityd States of America State It Iou-,a-N.
Parish OF Orleans, CITY OF New Orleans.
BE % known, thai on tin, NTH day OF the
month 81 November, m the year oi uur Lord,
DuC thousand nine hundred and fourteen,
returc ur, John Marshall DuIuiyiu. q notary
public, duly commissioned and qualified. On
and iur the parish OF Orleans, state of Inul,i-
ana. aforesaid. therein residing. and Iu the
presence ot the witnesses hereinafter named
anu undersigned, personally came and APP
cared. the persons whose names are here
into subscribed, who dcclarcd that, awaiting
themselves OF the provision, of the laws OF
he state ct Louisiana, and particularly act
10 -n7 OF the general assembly OF the state
f Louisiana for the year 1914, they have COW
.uantud and agreed, and do, hy these pres
.uiN, covenant, agree. bind, form and Cpu~tI-
ute themselves, as well as such other per
.ous a, may hereafter Join or become as-ocI-
ted with them into corporation and body
1olIuC IN law, Tor the objects aud purposes
md under the agreements and stipulation,
GLOWING. tp-Wlt:
Article The name and style OF this cor.
,oratiuu shall be the Louisiana Mexican
Mining Company Incorporated aud under
hat name II shall have and enjoy all the
tights, privileges and advantages granted by
aw 10 corporations; It shall exist Tor period
# uIncty-nIuc years from the date hereof {:
[ shall have power and authority to contract,
,uc and be sued in its corporate name; to
make and use a corporate seal and the same
break or alter al pleasure; 10 have and en-
, r!Oy such managers, directors, OiuCcrs, agents
and other employees as the interest and CON
yeulcnce OF said corporation may require or
demand; To hold, receive, purchase. convey.
mortgage, hypOtheCate or pledge property, real,
! personal or mixed; to issue bonds, notes and
other obligations; and to make and establish
| such bylaws, rules and regulations for the
| corporate management and control OF ITS bus
mess and affairs as may be deemed ncCes-
Sary cNpedIcnt
Article 1.-THE domicile of said corpora
| ton shall be in the city OF New Orleans. state
| of Louisiana, and all citation and other legal
4 mr. Sha I've ryRh IN he dent a,,l
| IN his absence on the vice president of said
| corporation. In the event of the absence OF
| both OF said officers, then said process shall
| be served on the secretary.
| Article llI.-The objects and purposes for
| which this corporation IS organized and the
| nature OF the business to be carried by II
| are hereby declared to be that OF a general
| mining business, in all its branches, in the
4 Republic Of Mexico, and throughout the Coun-
| tries OF North, South and Central America,
| and to that end, TO own, purchase and sell,
mining property and all other kind and char
| acter OF realty throughout the countries deS-
| iguated; to buy and sell the products of min.
| ing property and mining equipment and to
do any and all things incident to and con
| neced with what is known the mining
| business.
Article iV.-The capital stock of this cor.
| poration is hereby fixed at the sum of one
hundred thousand dollars Cl00,OOO.0O, (Which
capital stock may be increased. from time "a
time, to a sum not exceeding one million dol.
lars), divided into one thousand Q,0OO) shares
| OF the par value of one hundred dollars
| $4,000 each. which shall be paid for in
cash, or in instalments on the call of the
| board OF directors, or may be issued at moi
| less than par for services rendered to or prop
erty, leases, concessions, or other property
| rights, actually purchased by the corporation
All shares of stock shall be full paid and
non asSessable, and all certificates of stock
shall be signed by the president and secre
tary of this corporation. No transfer of stocl
shall he binding upon this corporation unles,
made upon its books, and no stock holder shall
sell or dispose OF his stock without first OF
fering same to the corporation. who shall have
the right to buy same within ten days iron
said offer at current market value.
| Article N.-All the corporate powers Of TIM
corporation shall be vested in and the man
agemcnt and control of its business and az
fairs shall be exercised by a board of dIrec
tors composed OF three stockholders, a ma
Jority of whom shall constitute a quorum 70
the transaction of all business. The directors
, shall be elected annually on the first Thurs
day of September of each year by ballot O
4. the stockholders. Each stakeholder shall bt
| entitled, in person or by written proxy, L
, one vote for every share of stock owned BY
him. All elections shall be held under suCl
: | rules and regulations as may be determined
, by the board Of directors and after at leas
thirty 800 days notice shall have been gIvei
to each stakeholder by depositing a notice o
=, such meeting in the post office, properly ad
dressed to each stakeholder. The director
thus elected shall continue in office for on
2 year until their successors shall have bee
duly elected and qualified. No failure {
{ elect shall be regarded as a forfeiture OF TIN
\ charter. Any vacancy occurring on SAID boar
5 Of directors shall be filled by the remainin
h directors for th~ unexpired term. Said boar
- Of directors shall, at its first meeting, cleo
from among its members president, a vicS
K president and secretary and a treasurer.
4 NAV combine the Offices of vice president an
+ secretary into one and may elect secretar
V | who need be neither n stOckhOlder or dire
l. tor Said board of directors shall have II
e right and power 10 appoint and dismiss sue
# clerks, managers and other employees OF Il
A. corporation, including the secretary who
e not a stakeholder director, condition
re may Justify or the business of the corpOr
D. ton may require. The tenure Of office OF a