The herald., 1914-10-22
CHAR TER
PINE ISLAND OIL COMPANY. INC

!. L
United States of America, State OF Louisiana,
Parish OF Orleans, City of New Orleans
Be it known. that on this fifteenth day Of
the month Of September, in the year OF our
Lord one thousand, Line hundred and four
teen, and of the independence of the United
States OF America, the one hundred and
thirty ninth, before me, Jules +. Meunier, a
notary public duly commissioned and quail
hed IN and Tor the parish OF Orleans and in
the presence OF the witnesses hereinafter
named and undersigned, personally came and
appeared the several persons hereinafter
named and undersigned, all residents of the
city OF New Orleans, and all OF the full age
Of majority, who severally declared that,
avalllng themselves OF the laws OF the state
OF Louisiana, and particularly of the provi-
SONS OF the act No. POI Of the general assem-
bly, OF 1914, relative TO the formation of cor
porations, they have covenanted and agreed,
and by these presents do covenant and agree
tor themselves, their successors and assigns,
TO form themselves into a corporation and
body polite for the objects and purposes, and
under the stipulations following:
Article The name and title Of this cor
Poration shall be Pine Island Oil Company,
Article 1.-THE purposes and objects for
which this corporation Is organized, and the
nature OF the business to be carried on by
II, are stated and declared to be as follows:
FIRST. 10 acquire by purchase or lease, or
otherwise, lands in Hardin county, in the
STATE OF texas, or IN any oil neldS IN any
other state, territory. federal districts and
possessions, or foreign countries for the pur-
pose OF prospecting for oil, and obtaining oil.
gas, salt, sulphur and other minerals; and to
that end to buy, lease, otherwise acquire
drilling rigs, derricks, other machinery,
or apparatus necessary to fully aCcompls sh
said purpose; and, if oil, or other mineral is
found, then TO market the same to the best
advantage.
Second. To engage in the transportation OF
oil, gas. salt sulphur or other minerals, either
produced by this corporation other persons
or corporations by means OF pipe lines, tram
ways, railroads, boats, barges, or other con-
veyances, or to lease or suitcase all or any
part thereof to any persons or corporations
and, to fully carry out said objects and pur-
poses. to purchase, lease, or otherwise acquire
pipe lines, tramways, railroads, boats, barges
tank cars, locomotives. pumping stations
steam plants. and all other machinery and
apparatus and paraphernalia necessary or in
cIdental thereto.
or otherwise acquire buildings, machinery
and other apparatus for refining, smelling
manufacturing or otherwise working up the
products of said mineral lands, either pro.
duced by this corporation, or other persons OF
corporations, and to refine, smelt, manufac-
ture, or otherwise work up the by-products
OF said minerals, and to operate said plants
and to market the products and by-products
as manufactured to the best advantage.
Fourth. To carry on such other business
pertaining to oil, gas, salt, sulphur, or other
minerals, as may be found necessary or de.
sirable, such as is generally engaged in and
by corporation of this kind.
Article Ill.-The capital stock of this cor.
poratlon is hereby fixed at the sum Of fifty
thousand dollars, divided into fifty thousand
shares of the par value of one dollar each tC
be paid for in cash. or its equivalent in labor
or property. This corporation shall be a goinl
concern as soon as fifty per centum of SAID
capital stock shall have been paid in AL
transfers of stock shall be made on the book,
hV Of he 60
NAL certificate properly endorsed for cancel
laton by the stockholder in whose favor saiC
stock is issued, or by his duly authorized
agent.
Article IV.-The capital stock of this cor
poratlon may, on complying with all the re
quiSites of the law, be increased to the sum o.
two hundred thousand dollars (S2OO,OOOOO.
Article N.-The domicile of this corporation
shall be in the city of New Orleans, state o.
Louisiana, where all citation or other lega
process shall be served on the president, Of
IN his absence as the law directs.
Article Nl.-This corporation shall have anC
enjoy succession and duration for the perioC
of ninety-nine years from the date hereof
Article Nll.-All corporate powers of thi,
corporation shall be vested in and exercised
by a board of directors, composed of fv,
| stockhol lders, who shall be the bona ide own
ers OF the stock standing in their names, an,
winch stock shall be unpledged or unencum
beTed by them; three of which directors shall
constitute quorum for the transaction o
business.
Until the first Monday of October. 1915
the following named persons shall constitut,
the board of directors of this corporation, to
wit: Theodore a. Jung, Business, Whitney
central Bldg; Residence, 1910 n. Gayoso ST.
New Orleans, La. ]. Emile Jarreau, Busines,
sol Carondelet St; Residence, 3227 Crane
Route St. John, New Orleans Louisiana. 10
Seph Charles jung, Business, Whitney Centra
Bldg; Residence, l425 ~ Robertson St, New
Orleans, Louisiana Charles G. Ebert. Busi
ness, Maison Blanche Bldg; Residence, l4S
n: Robertson St, New Orleans, La John F
Williams, Business, AIS Natchez Alley; Resi-
dence, l1OO Seventh ST., New Orleans, Louisi
ana.
Thereafter, the board of directors shall B,
composed OF stockholders who shall be elected
annually, beginning on the first Monday o
October, 1915; any stockholder shall be eligibl,
| to membership without regard to the numbe,