The herald. [volume] (New Orleans, La.) 1905-1953, 1915-06-24
CHAP TED

-.
United States of America, State of Louisiana
Parish of Orleans, City of New Orlean.
be 1t known, that on this 2lst day of tn
month of May of the year of our Lord. nine
teen hundred and fifteen, and of the inde
pendence of the United States of America
the one HUNDRED and thirty ninth, before me
Charies +. Fletchinger, notary public, dull
commissioned and qualified, in and for tn
parish of Orleans, state OF LOUISIANA. therei,
| residing, and IN the presence of the witnesse
| hereinafter named and undersigned, person
ally came and appeared the several person
whose names are hereunto subscribed. VIII
severally declared that availing themselve
| OF the laws of this state in such cases mad,
| and provided, they have covenanted, and d.
| oy these presents covenant, agree and binS
themselves, as well as such persons as ma,
hereafter become associated with them, Il
| term and constitute a corporation and bod,
| polite IN law for the objects and purposes
and under the terms and conditions follow
| ing, to-wit:
Article This corporation shall he knowr
by the name Lake End Oil Company, Inc.
ana as such shall have continuous succession
Tor ninety-nine years, unless sooner dis.
solved; and shall have power to sue, and to
De sued, to acquire and hold by purchase
lease or otherwise, property real and personal
movable, immovable and mixed, and the same
10 sell, lease, mortgage, pledge, hypothecate
or otherwIse dispose of in any and every
manner whatsoever; to draw, make and en-
dorse bills of exchange and promissory notes
and to issue bonds; to elect and appoint such
ohcers, directors and agents as the interests
OF the corporation shall require, and to make
all necessary bylaws and regulations for the
proper management of its affairs, and the
same to alter, amend or repeal at pleasure.
ana generally to exercise all powers that are
conferred on corporations, organized for the
purposes hereinafter stated.
Article 1.-THE domicile of this cornora.
ton shall be at New Orleans in the parish of
Orleans, state of Louisiana; and ali Citation
and other legal process shall be served on the
PRESIDENT pr OF this corporation, or in the event
oil ms absence, upon the vice-president, or
IN the event of the absence of both of the
ABOVE named officers, on the secretary-treas-
urer, at the office of the company, or in the
event OF the absence of all of the above, upon
any director. NfO
Article III.-The objects and purposes for
which this corporation is organized and the
nature OF the business to be carried on by
It, are hereby declared to be as follows,
to-wit:
To buy, sell, lease. rent, hold and other.
wise deal in, and enter into contracts re-
garding lands of every description; to pros
peet Tor, mine. produce and refine all kinds
OF minerals; to prospect and explore for, and
sink wells for the production of fuel, iubri-
eating, Illuminating, and all other kinds of
OILS and for the production of gas in the
state OF LOUISIANA, and in other parts of
the United States, and in foreign Countries:
10 Duy, sell and trade in all kinds of oil and
gas, and other mineral products in the state
OF louisiana and in other parts of the
United States, and in foreign countries;
to erect structures of every nature whatso'
ever, including oil tanks and buildings for
tne purpose of refining or otherwise treating
all kinds OF oil and other mineral products
70 Duy, sell, own, hold, lease and operate
lands, pipelines, railroad spurs, or switch
tracks, re-houses, telephone and telegraph
INES, barges and other water crafts of eyerv
description, incidental to, or in coniunct;o1
Win any OF the powers and purposes herein
above set forth, and generally to carry on snv
operations, and engage in any business ~
iurtherance of the foregoing, not Inconsistent
with the constitution and laws of this STATE
pr OF the United States.
Article lv.-The capital stock of this cor
poration is hereby fixed at $4,000 IN. d;v;Sed
INTO and represented by three hundred shares
of the par value of $1,000 each. The amount
1i capital stock may be increased to $4,000
BY a vote of two-thirds of ali outstand;nS
stock, and according to the laws of the sta,s
)t Louisiana. $3.50
All subscriptions shall be paid for in cash.
property or services, at such time that The
4 This Of st directors shall require and the laws
'egin to do business, when slS,OOOOO of the
;apltal stock has been subscribed for % ne,
ent paid, and the remainder of the authorized
.oIk snalI De issued at such time, and upon |
uch terms and conditions as the board of
directors shall determine
NO shareholder of this company shall NJ
my time, offer his stock for sale either mi.
.ateiy or IN the open market, without having
STOCK
owest price he is willing to accept therefor
the other shareholders of the COMPANY by
neahs OF written communication, addressed
me ranking officer Of the company, present
owing manner, to-wit: -'
ouch ranking officer upon receip. of sucb
communication shall forthwith instr,,ct 81.
s s,n Ia Ito to mail within FIVE days Of the
hareholder of the company. stat;no an
lumber OF shares so offered, and thr ,r;cs
iereof, and calling upon each sharebolder
SIGNIFY IN writing within three DAYS of
ock, if any, he desires to purchase AZ say
nee; Should the total number Of sbares |
men the various shareholders signify thrir ,
sic, SIRE TO purchase, in reply to such notice.
= sh .ne NUMBER OF shares offered for sale, I
{ shares offered shall be distributed among
{ prospective purchasers in such proport;on
tne number OF shares that each shareboId.r .
s 81, ms desire TO purchase, bears TO the
osnec nG,oer OF shares for which there are a
ospeetive purchasers; should the number Of 5
ares offered for sale exceed the total num. !,
OF shares which the various shareboid.-, q
smfy their desire to purchase, the offerer
s,,.p q. noerty to dispose of such excess il
suen manner as he shall see fit, provided $
AZ the price at which he sells such stoet b
not less than that designated in his a. -
the other shareholders. MS o"er :,
III transfers of stock shall be made on The
oks OF the company, and no transfer sbaIi :,
any way be binding upon the eornorai =
n, unless, and until, it is made in ~. .,
ove described manner :" ne .
.acn snare OF stock shall entitle the owr.r 81
,reoi, elmer IN person or by PROXY m ca.. :,
vote at all meetings of the stockhoId~r.
Aruele N.-The officers of this cornorst;n, h,
VI oe a president, vice-president and a pc
-
he powers of this corporation shall h. =,
ted IN and exercised by board Of Dire v,
;, composed OF the three above ment;oned q,
GERS, and four other shareholders Thres | ~
snaii constitute quorum for the la
he officers and the board of h
einabove provided for, shall be eisctnS A;
luaily at a meeting of the sbar.hoISses ~ ~.
pc neld on the second Monday in Nav ne, IL
gar holiday, IN the year 1916, and in each nj
every succeeding year thereafter after We
en- Gays notice in writing, mailed To esch Ia
renoiders last known address: and arch 70
ers and board Of directors shall e.. -,
tneir successors shall have been elected po
,ecial meetings of the shareholder, ma, va va
neid, at the request of a sharehol5.r =, a.,
enoiders, whose holdings amount IN =,
I q per cent of the outstanding stcoI ~ AZ;
the order of the board of directors, on for
own volition, after fifteen DAYS not;ce No,
writing. as above provided, stating the bsl
ct of such meeting. ene "a
y vacancy in the officers or in the board for for
nIee,ors, arising from any cause vhaf. ren
the remaining directors. an,
y director who NAV be absen, &c.. - as ~,
OF Louisiana shall have the r;rh, !. ,f
Int any shareholder Of the compsnv - set