The herald., 1914-07-23


CHARTER
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i.-' "' uiar' evidences ., "'"'' 20 H.'.'
'i'. aii"'.i '..H managers. agents. n.T, .'"ir
a.t '.s''- els I- business, i..'.'.. "..' ....
k".'".r may require, and - :.'fr a"d '0,.'-
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i' time. ~H.1 bylaws and rcsH.ai'.r MS '"r the
proper s"'''N"rni "' tho affairs ~ iHI~ o'r
Futai'". O., may Hr necessary ana proper.
ArI.I" L.Ihr d.m'o,lc o' ,l'r eaHorat. ."
,11al Dee 'n ihr ciiN % Ncw Orleans; state -
L'uN'am,' and all citations and other legal
process shall Poe served upon .hr president ut
'.0 .'i"t".'' or I'D 'Ic event "i ms aH~th.'-
upon iHc Fl,r president ihc',"i, and, lu the
absence oi both oi sand officers, upon the
| treasurer u sad corporation.
A.I,c lll--lhe objects art purposes Tor
"hlch TN, cooperation is "'s"rfci and the
| nature ui the business TO Dee caEUcd ON by D;
! are hereby declared O" hc.
10 buy and sell real cN'a'" and personal
| property ana 10 develop the same, and Co I.-
! ,'''' pHi''laH'' Ic'sr ana acquire LANDS, with
ihv exclusive HHA'N 1" prospect dTill, H.t"e,
/ bore and sinh wells and shafts; Co produce.
convey and transport oil, petroleum. EaS and
| ''NrT minerals. To carry ON the business OF
storing ana Prospecting i'i, mining, lI"luC-
| lrg, f,Hulns, manufacturing, ppiuE, trans
! porting, buying and selling petroleum and
| "'htr "ii products, I" buy sell: furnish and
! supply same. {" operate, build, construct.
pump and maintain oil and gas wells: TO
| huIId c"nSNuGi, purchase, MAINTAIN and op-
crate "aTen"n>r>' pumping plants, rlre lines,
| r'h"ti''s. l3Si"IleN' mills, W"Tr'hop~, Iah"ra.
] tones and dwelling houses Tor work'ucu aud
others. - maiular'urc, buy. SELL import, cN-
| port "rb deal ln pumps, drills. fuses. caps.
candles nitro gIycei'He, dynamite and the nee
">-NfN Wa,nIurry, engines, drills and all ap-
! p.Iano'~ aud convenience ior the use IN C. r-
nCgi'"n with mining and drilling for petrol
cum on aId gaS; and generally 20 do al
,hlAE, lh1'le.tal To- ana everything necessary
| 10 carry oUi the Said objects and purposes Of
ms corporation.
NilCe IN.-lhe capital stock OF tins cor
poratlon Is hereby lNcd At the sum of htty
thousand dollars t>,n"p divided into and
| represented by tvs" thousand lt,'"l shares of
| >i"gH nj me par value OF twcu,y-hvc dollars
'S-e' Per snare. SaId NioCN snail he paid loT
| IN cash or m such luS'dllwcnts and AT such
time and after such notice 10 the subscriber.
| As me board ot directors may hN. or said
| stock may be issued Tor property actually re-
SclNed' or Labor done or services performed.
| but no stock snail be ISSUED AT less than par.
| lhls cororpdton may become a going Cou-
Germ and shall be authorized to commence
business when and as soon As three thousand
dollars tSSppl OF MS capital stock shall have
| been subscribed for
| Article VA! the corporate powers of said
| corporation shall he vested IN and exercised
! by a board Of directors. to be composed OF
| seven tO stockholders, to be elected annually
| on the second tuesday IN June OF each year.
| Al Such eiections ShaIl ne by ballot, and
NhaIl be hcId ana conducted at the oihce OF
| may lie established by the board OF directors
| Notlce OF Such elections shall be gwen by
| thc secretary OF inns corporation by publca'
uon Tor not less than ten COl days prior
1 L
| knshSh language IN the city OF New Orleans
| Al all such electlonS ana at all corporate
| meetings every stockhoIdeT shall be entitled
| 10 one vote for each snare OF stock standing IN
ms name on the books OF this corporation,
to be cast by him in person. or by written
proxy, and the majority OF such votes cast
| shall elect
| Any vacancy occurring among the directors
| Of tins corporation by death, resignation OF
| otherwise shall be hlled by election for the
| uneNPired term by the remaining directors
A failure to elect directors on the date above
| specihed shall not dissolve the corporation
| nor impair ITS corporate existence, but the
| directors then IN oihce snail remain IN othce
| until their successors snail have been duly
| elected ana quallhed. Any director snail have
! the right to be represented at any meeting OF
| tne board OF directors OF TINS corporation by
| an attorney hoIding sald directors written
proxy. .
| Inc board Of directors snail at its hrs'
| neeunH anu anhuaIly tneteaitef, eject IRON
among MS number 4 president, a ylce presiden,
| ana treasurer. Inc Otard OF directors snail
he = stoclbo,der Tbe oe;c. nF soCr.tnr;y anI ,,U
| treasureT nav be 6lied re- orr and H. sarns
| oerso, =, ,bo J;sc,et;or of ~ boa.J