The herald., 1914-11-05
CHAR TER
PINE ISLAND OIL COMPANY, INC
United States Of America, State Of Louisiana
Parish Of Orleans, City Of New Orleans

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 i. MeunlcT,
notary public duly commissioned and quail
ned IN and for 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 aye
OF majority, who seyerally declared that,
avaIlIng themselves OF the laws OF the state
Of louisiana, and particularly OF the provi-
siOns OF the act No. 2o7 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
for themselves, their successors and assigns,
10 form themselves into a corporation and
body polite for the objects and purposes, and
under the stIpulatIouS following:
Article 1.-The name and title OF tins cor
poration shall be Pine Island Oil Company,
Inc"
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 follows:
First To acquire by purchase or lease, or
otherwise, lands in Hardin county, in the
state OF Texas, or IN any oil helds 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 10 buy, lease, otherwise acquire
drilling rigs, deTriCks, or other machinery,
or apparatus necessary to fully accomplish
said purpose; and, If oil. or other mineral Is
found, then to market the same 10 the best
advantage.
Second. To engage in the TRANSPORTATION Of
oil, gas, SALT sulphur or other minerals, either
produced by this corporation or other persons
| tom lt-f ~ MI
ways. railroads, boats, barges, OF 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.
Third. To build construct: lease. purchase
| or otherwise acquire buildings, machinery,
and other apparatus for refining, smelling,
manufacturing otherwise working up the
products OF said mineral lands, either pro-
duced by this corporation, or other persons or
| corporations, and to refine, smelt, manuiac-
| 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, or such is generally engaged IN and
| by a corporation OF this kind.
| Article III.-The capital stock OF this cor
| poration is hereby fixed at the sum of nifty
| thousand dollars, divided into fifty thousand
| shares Of the par value OF one dollar each TO
be paid for in cash, or ITS equivalent IN IaooI
| or property. This corporation shall be going
| concern as fifty per centum OF sald
| capital stock shall have been paid In. All
| transfers of stock shall be made on the books
! of the corporation, by surrender OF the orig
inal certificate properly endorsed for cancel
| lation by the stakeholder, in whose favor SAID
stock is issued, or by his duly authorized
| agent.
poratiou may, on complying with all the re-
quiSites of the law, be increased to the sum OF
| two hundred thousand dollars (S200,OOO.OO).
| Article N.-The domiclle OF this corporation
shall be in the city of New Orleans, state OF
| Louisiana, where all citation other legal
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 period
of ninety-nin years from the date hereof.
Article VII.-All corporate powers OF thi:
corporation shall be vested in and exercised
by a board of directors, composed OF hvs
stockholders, who shall be the bona hde own
ers of the stock standing in their names, and
which stock shall be unpledged or unencum
| bered by them; three of which directors shall
constitute a quorum for the transaction Of
| business. -
Until the first Monday of October, 1915
the following named persons shall constitute
the board of directors of this corporation, to
wit: Theodore A. Jung, Business. Whitney
Central Bldg; Residence, l2l6 n. Gayoso St.
New Orleans, La. J. Emile Jarreau, Business
sol Carondelet St; Residence, 1927 Crane
Route ST. John, New Orleans, louisiana. 10
seph Charles Jung, Business, Whitney. Contra
Bldg; Residence, l42S \. Robertson St, New
Orleans, Louisiana. Charles G. Ebert, Bust
ness, Maison Blanche Bldg; Residence, l43
n. Robertson ST., New Orleans, La. John F
Williams, Business, AIS Natchez Alley; Resi
dence, 1900 Seventh St., New Orleans, Louisi
. ana.
Thereafter, the board of directors shall b
. composed of stockholders who shall be electe
, October 1915: any stakeholder shall be elgibl
/ to membership without regard to the numbe
Of shares owned by him. All elections shall
4 be by ballot and each stoc kholder shall b
2 entitled TO one vote for each share of stoc
standing in his name on the books of the col