The herald. [volume] (New Orleans, La.) 1905-1953, 1914-12-03
CHARTER

OF SOUTHERN WELL COMPANY, INC"
United States of America, State of Louisi-
ana, Parish of Orleans.
Re it known, that on this twenty-sixth
Goth day of the month of October, in the
year OF our Lord, one thousand nine hundred
and fourteen tl9l4D, and of the independence
of the United States of America the one
hundred and thirty-ninth Q59th), before me-
Henry Leon SaIpy, notary public, duly
commissioned and qualified for the parish OF
Orleans, state of Louisiana, and in the pres.
ence OF the witnesses hereinafter named and
undersigned, personally came and appeared:
The several persons whose names sub
scrlbed hereto, who declared that, availing
themselves OF the provisions of Act No 267
OF the general assembly for the year 1914 they
have coyenanted and agreed, and by these
presents do covenant and agree between them
selves, and tor such persons who may here.
after become associated with them TO form
a corporation under the provisions of SAID
act, with the following conditions and stip-
ulatIOns, to-wit:
poration shall be Southern Well Company,
Inc
Article 1.-THE objects and purposes for
which thus corporation is organized and the
nature of the business to be carried on by il
are declared to be: To conduct the we'll Dor
ing and drilling business; to engage in buy
ing and selling well machinery and supplies
TO maintain agencies and supply houses In
connection Herewith, and generally TO engag.
IN any business complementary or incidental
thereto.
Article III-The capital stock of this cor
poratlon is hereby fixed at ten thousand dol
lars CSl0OOO.00), all preferred to be divided
into one hundred shares of the par value of
one hundred dollars (Sl00OO each. And the
capital stOc may be increased to twenty-five
thousand dollars (S25OO0.OO by complying
with the provisions OF the law relating there.
Article IN.-The domicile of this corpora
ton shall be in the city of New Orleans, par
ish OF Orleans, state of Louisiana, and ser
vice OF legal process shall be made upon any
oihcer OF this corporation.
Article N.-This corporation shall have and
| enjoy existence for period of nnety-nine
| 1927 years from the date hereof
| Article NI.-The business and affairs and
| all the corporate powers of this corporation
| shall be transacted and vested in and exer.
| cised by a board of directors to consist OF
| three stockholders, who shall serve for one
shall be elected and qualified. The following
| persons shall constitute the first board OF
| directors, namely: John Albion Saxton of No
l n3,, Bourbon AZ? St.; New Orleans, La, P
La, and William ]. Bulger of 1880 s. Ram
| part Street, New Orleans, La, of whom Johr
Albion Saxton shall be president. 2. T. Doyl,
shall be seeretary-treasurer, and William J
Bulger shall be vice president.
| Article VII.-The annual election of direc
| tors shall take place at a meeting of the stock
| holders to be held on the first legal Monda,
OF November, 1915, and annually thereafter
| And the directors now chosen to represen
| this corporation shall hold Office until thei
successors are elected and qualified. In cas-,
of vacancies occurring in the board they shall
be filled by the remaining director or direc
| tors.
Immediately after their election the direc
! tors shall proceed to select among themselve
president vice-presdent, and secretary
! treasurer.
Thus done and passed, at my Office. in thi
city, the day, month and year first abov
written, in the presence of Messieurs Loui
Alfred Ducros and Thelma w. Bulger, com
Petent witnesses. residing. in this city, VIII