The herald. [volume] (New Orleans, La.) 1905-1953, 1914-07-02
CHARTER
SATELLITE OIL COMPANY.

United States OF America, State OF Louisiana.
Parish Of Orleans City OF New Orleans.
Be 1t known, That on tins twenty-siNth day
Of the month OF June, IN the year OF our
Lord one thousand nine hundred and fourteen,
and of the independence OF the United States
OF America the one hundred and thir'y-eighth,
before me, William Mcclellan FayssouX, a
notary public, duly commissioned and quail
ned, in and for this city and the parish of
Orleans therein residing, and in the presence
of the witnesses hereinafter named and under
signed, personally came and appeared the
eral parties whose names are hereunto sub
scribed, who Severally declared that, 'availirg
themselves OF the laws OF the state II LOUISE
ana, in such cases made and provided, they
have covenanted and agreed. and do by these
presents covenant and agree and bind them
selves well such persons as may here
after become associated with them, TO form
corporation and body polite IN law for the
objects and purposes and under the articles
and .tipulationS following, to-wit:
Article lcihe na IT,- OF this coIPoration
and under its said corporate it shall
have power and authority to have and enjoy
corporate existence and succession for the full
term and period of nisety-nine years from
and after the date hereof; tn contract, sue
and be sued; to make and a corporate
seal, and the same to alter and break at pleas
ure; TO hold, receive, purchase, hypothecate,
convey, sell, lease pledge real and per
| Sonal property; to issue negotiable bonds and
| notes, or other evidences of debt: to name
and appoint such managers, agents, directors
| ana OtnCcTS as ITS business, interest and con-
venience may require, and to make and estab.
lish, as well as alter and amend. from time
| to time, such bylaws and regulations for the
proper government of the affairs of this cor
poration as may be necessary and proper
| Article 1.-The domcie Of this corporation
| shall be in the city of New Orleans state OF
| Louisiana, and all citations and other legal
| process shall be served upon the president oi
| tins coronation, or, IN the event OF his absence
| upon the vice-President thereof, and, in the
| absence OF both OF said officers, upon the
| treasurer OF said corporation.
| Article III-The objects and purposes fo,
which this corporation is organized and the
| nature of the business to be carried on by il
are hereby declared to be:
| To buy and sell real estate and personal
| property, and to develop the same and to To-
| cate, purchase, lease and acquire lands, with
| the exclusive rights to prospect, drill mine
| bore and sink wells and shafts; to produce
| convey and transport oil, petroleum, gas anc
other minerals; to carry on the business o.
| storing and prospecting for, mining produc
ing, refining, manufacturing, piping trans
| porting, buying and selling petroleum an,
other oil products; TO buy sell furnish anC
supply same; to operate, build, construct
/ pump and maintain oil and gas wells: I,
build, construct purchase, maintain and OF
crate warehouses, pumping plants, pipe lines
| rehneries, factories, mills, WORKSHOPS, labora
tories and dwelling houses for workmen an,
others; to manufacture, buy, sell, import, ex
port and deal IN pumps drills, fuses, caps
candles nItro-glycerine, dynamite and the nee
| eSSary machinery, engines, drills and all an
pliances and conveniences for the use in con
nection with mining and drilling for petrol
cum. oil and gas and generally to do al
things incidental to and everything necessar,
to carry out the said objects and purposes o
this corporation.
Article lN.-The capital stock of this cor
poratior IS hereby fixed at the sum of fit,
thousand dollars (S5O,OOO) divided into an,
| represented by two thousand (2OOO shares n
stock at the par value of twenty-five dollar
tS2ol per share. Said stock shall be paid 10
IN cash or IN such instalments and AT sue
time and after such notice to the subscribe
| as the board OF directors may fix or sal
stock may be issued for property actually re
celved. or labor done or services performeI
but no stock shall be issued at less than ma,
/ This cororpation may become going con
Germ and shall be authorized to commenc
business when and as soon as three thousan
dollars tSS,uO) OF its capital stock shall hay
been subscribed for.
| Article N.-All the corporate powers of sal
corporation shall be vested in and exercise
by board OF directors, to be composed q
seven ~ stockholders, to be elected annual
on the second Tuesday in June of each veal
| All such elections shall be by ballot an
| shall be held and conducted al the office Z
this corporation under such regulations a
may be established by the board of director,
| Notice of such elections shall be given b
the secretary OF this corporation by publica
ton for not less than ten GO days prio
thereto in a daily newspaper published in IN
| English language in the city of New Orlean,
At all such elections and at all corporal
meetings every stakeholder shall be entitle
TO one vote for each share of stock standing i
his name on the books of this corporation
to be cast by him in person, or by write