The herald., 1914-10-22

OF shares owned by him. All elections shall
be by ballot and each stockholder shall be
entitled to one vote FOR each share OF stock
standing IN his name on the books Of the cor
poratlon, the vote to be cast IN person, or
by proxy; II shall require a majority of stock
present or represented 20 elect Failure 70
elect board OF directors on the first Monday
OF October, 1915. or thereafter shall not work
forfeiture OF this charter, but the old board
OF directors shall remain in office until their
successors are elected and qualified
Article NlIl.-Ihe board of directors shall
hold regular meetings at the domicile Of the
corporation. or at any other place on comply
ing with the requisites of the law, at such
times As may be fixed in the bylaws of this
corporation.
Any vacancy occurring in the board of di-
rectorS. either from death, resignation or ina
bility to serve, shall be filled by the board OF
directors at ITS next regular meeting after
knowledge.
The first board of directors under this char
ter shall be required to draft a suitable set
OF bylaws for the government of the corpora.
| ton, which may be altered, amended or
changed as the eNigencies Of the case may re-
quire.
Article IN.-The officers of this corporation
shall consist of president a vice president
and secretary and treasurer, each of whom
with the exception of the secretary, must be
| a stockholder. The Offices of secretary and
treasurer may be held by one and the same
| person. Until the election to be held in 1915
| the following named persons shall constitute
the officers of this corporation: Theodore A
jung, as president; J. Emile Jarreau, as vice
PRESIDENT; Joseph Charles jung, as secretary
Article X.-This corporation shall have the
| following powers: (a) To invest, as IL does
hereby invest, the above named board of di-
rectors, with all corporate powers; (b) TO have
succession in its corporate name for the time
above specified; (c) To sue and be sued BY its
corporate name in any court of competent jur-
Isdlction; I'D 10 make and use a common seal
| and alter the at Measure. (el tn
| property by grant, gift, purchase, and to de
wise or bequeSt; to lease, hold, or dispose OF,
and to mortgage and pledge the same; (D To
| appoint such ottlcerS and agents as the busi-
| ness of this corporation NAV require and to
J hx their compensation; (g) To make bylaws
| hiking or altering the management Of its prop
| erty, the regulation and government Of its
| affairs and the manner of the certihcations
| and registration of its stock; (h) To wind up
| and dissolve itself; % To conduct business in
| tins state, other states, the federal districts,
| ana territories and possessions of the United
| States, and in foreign countries; ID To hold
| stock IN other corporations; and the capital
| stock OF this corporation may be issued for
| the capital stock Of other corporations.
| Article XI.-This charter NAV be altered
or amended IN any manner including the in
| crease or decrease OF its capital stock, and the
affairs OF the corporation wound up, and the
| corporation itself dissolved in the manner,
| and on complying with the existing laws.
| The incorporators hereof have placed oppo-
| site their respective signatures the number OF
| SiAdiCS u tllS capital STOCK lot WniCn eaCn mas
been subscribed, which is to be taken and
considered as the original subscription list Of
| this corporation, and which is to be recorded
! as such.
Thus done and passed at my Office al the
| city OF New Orleans, on the day, month and
| year FIRST above written, in the presence Il
| Messrs. George St. Paul and Roger Meunier.
| competent witnesses, who, together with the
| Said appearers and me, notary, have signed
| these presents, after due reading of the whole.
| Original signed: Names Of subscribers and
| and number Of shares omitted.
| Witnesses: Geo. St. Paul Roger Meunier
| J. F. MEUNIER, Not Pub.
| !, the undersigned recorder OF mortgages in
| and for the parish Of Orleans state Of Lou
isiana. do hereby certify that the above and
| foregoing act Of Incorporation OF the Pine
| Island Oil Co., Inc, was this day duly &C.
| corded in my Office in book ll27, folio $40
| New Orleans, September IS 1914
| tSigned: EMILE J. LEONARD, 2. K.
true copy Of the original on file ard OF
| record IN my ofnce.
| J. F MEUNIER, Not Pub.
oct p p nov 5 u 70 %