The herald., 1914-01-29
CHARTER
OF THE CENTRAL GAS AND OIL
CnMpANN

United States of America, State of Louisiana,
Parish of Orleans, City of New Orleans.
Be it known, that this 18th day of De.
cember in the year of our Lord, one thousand
nine hundred and thirteen, before me, Gustat
X. Westfedt, Jr., notary public, duly COM
missioned and qualified, in and for the parish
of Orleans, and in the presence OF the wit
nesses hereinafter named and undersigned,
personally came and appeared the several per
sons whose names are hereunto subscribed,
who severally declared:
That availing themselves of the provisions
of the laws Of this state relative 10 the or
ganzation of corporations, they have con-
tracted and agreed, and do by these presents
contract agree and obligate themselves into,
and constitute a corporation and body politlc
in law, for the object and purposes and I'M
der the conditions and stipulatIons OF the
articles following, to-wit:
Article 1.-The name and title Of the said
corporation shall be THE Central Gas and
Oil Company" and under its said corporate
name it shall have power and authority; and
shall enjoy succession for the full term and
period of ninety-nine (S) years IRON and
after the date hereof; TO contract, sue and be
sued; to make and use a corporate seal, and
| the same TO break and alter at pleasure; to
purchase, receive, lease, hold and convey,
| as we'll as mortgage and hypothecate under its
| corporate name, property both real and per
| sonal; TO name and appoint such managers
and directors officers and agents as the in
| terest and convenience of said corporation
may require, and to make and establish, as
| well as alter and amend at pleasure, such by
1
| management and regulation OF the affairs OF
said corporation, as may be necessary and
proper.
Article 1.-THE domicile of the said corpo
ration shall be at New Orleans, parish Of
Orleans, state of Louisiana, and all citations
or other legal process shall be served upon
the president of said corporation, or, in case
of his absence, upon the yice-presldent, or,
in the absence of both of these officers, upon
the secretary of the corporation.
Article III.-The objects and purposes for
which this corporation IS established, and
the nature of the business TO be carried on
by II, are declared and specified to be: TO
purchase, own, hold sell, mortgage, lease,
ALLEVIATE, receive and otherwise acquire and
dispose of real estate, oil and mineral land,
gas land and oil, mineral and gas rights, and
any other interest in lands, both in Louisiana
and elsewhere. To buy, SELL own, lease or
otherwise acquire, and to operate and main
tain as principal or as agent in this state, or
elsewhere, drilling outfits, machinery, appli-
anccs, apparatus and buildings of every de-
scripton, used or suitable for use in the ex-
traction OF OIL, gas, or any other minerals
from the earth, and for the housing, preser-
walton, handling, refining and transportation
of the same when so extracted, and particu.
larly storage tanks and pipe lines, all solely
for the uses of its own business and without
power OF eminent domain; to buy, sell OF
otherwise acquire and ALLEVIATE, and to es-
tablish, export or import oil, minerals and
mineral products of all kinds and in connec.
ton with said objects, to lease, buy, sell
build, otherwise to acquire, and to locate
and maintain warehouses, sheds. storage
tanks, tank cars, dwellings, storehouses and
repair shops; 10 sell merchandise and carry
on general store and commissary, and Ia
conduct hotels, boarding houses and lodging
houses for its agents and employees, and
generally to hold and exercise all such incl
dental powers and privileges not expressly
excluded, as relate to the objects herein
before set forth.
Article IV.-The capital stock of the said
Corporation is hereby fixed at forty thousand
| (S+0.00O00) and 0O-l00 dollars, divided into
and represented by one thousand six hundred
u,6OO) shares of twenty -hve (s25.00 dollars
each. The whole of the said stock or any
part thereof may be issued and delivered TO
any person, hrm or corporation for the &C
quirement of rights, privileges, franchises and
| property purchased and acquired by the COR
poration, also in payment, settlement and ad-
| JuStment of the costs, fees, charges and ex-
penses and commission incurred for services
| rendered in the formation and organization
| of this corporation, and in acquiring and
/ bringing about the purchase of the property,
| rights and franchises, aforesaid; also for
| cash or in installments of such amount as
| the board of directors may determine; also
| for merchandise received or services actually
rendered 10 this corporation. The board Of
directors, as hereinafter created, is especially
| authorized to dispose OF the stock of this cor
poration IN whole or in part, for any and all
! OF the purposes above stated, as in its judg
ment may seem fair and proper. This cor.
poTation shall begin business as soon as three
! thousand (S5,000.00) dollars of its stock shall
have been subscribed.
Article V.-All the powers of this corpora
ton shall be vested in and exercised by the
board OF directors, composed of seven %
stockholders, and any four 90 of whom shall
constitute a quorum for the transaction Of
business The said board of directors shall
be elected annually on the first Tuesday in
May Of each year. The first election to be
held in the year 1914
All elections shall be by ballot at the Office
OF the corporation, under the supervision of
three ~ commissioners to be appointed by
the board Of directors, and, in the asence Of
any commissioner, the president shall have
the power 10 NIL the place by appointment,
and all elections as well as meetings of stock
holders, except for the purpose of liquidation
or dissolution, or as otherwise required BY
law, ten (l0) days notice shall be given by
mailing to each stakeholder who appears as
such on the books of the corporation at his
last designated address or to the general de-
livery at New Orleans, If he has not desig-
mated his address, an announcement stating
the time and place OF the meeting Each stock
holder shall be entitled to one vote for each
share of stock standing in his name on the
books OF the corporation, cast in person or by