The herald. [volume] (New Orleans, La.) 1905-1953, 1915-01-07

,Signed) EMILE J. LEONARD, by K.
ANfHoNY J. ROSSG, Not. Pub. |
Jan : IA p q Feb. II.
CHARTER
lOF UNITED DRILLING COMPANY, INC. |
United States Of America, State OF Louisiana,
Parish Of Orleans.
Re it known, That on this 18th day Of De
| cemher IN the year of Our Lord one Thou !
| sand Nine Hundred and Fourteen, Before me, !
Francis Z. Burns, Notary Public, ~ and Tor !
the Parish of Orleans, State Of louisiana duly
| comm, stoned and qualified and ii the pres
enCe Of the undo signed witnesses, personally
came and appeared. the several persons whose
names hereinafter subscribed, Of the iul!
| age Of majority. who declared to me That
| availing themselves Of the laws Of tins state
| relative to the organization Of corporations,
| and more especially Ot Act 20 q the Acts OF
| 1914 page ST. Of the legislative Acts OF tins
| State and Act 80 OF 1910, page "5, they have
| coyenanted and agreed and BY these presents
| do covenant and agree for themselves ana
| their successors and assigns, to form them
selves into corporation and body pol,,c'
! for the objects and purposes ana under I"'
| stipulations hereinafter set forth, tu-wit:
| Article The name and title OF this cor
poration shall hc United Drilling Company,
| Incorporated, and under such title II Shtll
have and enjoy succession and existence tor
a period OF ninety nine years from date mere
| OF il shall have power and authority 10 CON
| tract, sue and be sued, make and use CofppT-
| ate seal the same to break and alter al plea.
4 sure; TO hold, sell, lease, mortgage, hypOIht-
cate pledge property, real, personal or
| mixed, necessary, incidental or proper ior tS
| carving on OF ITS business, ana 10 that emu
| 10 further mortgage al! oil OF mineral leases,
grants or contracts held by II, together win
II all buildings, constructions and improvements
II placed and erected on SAID lands, OF 10 De
placed or erected thereon, as well as to issue
| bonds secured by such mortgages, such bonds
! 10 be issued such amounts AT such fdtt OF
| interest and TO run for such length Of time
n said leases Sdl0
lessees or grantees may determine; 10 buy and
TO hold stock in any other company or com
panies that may assist this company IN us op-
iects and purposes; to make and issue notes
and certificates of indebtedness TO name:
, elect and appoint managers, directors ana
! clerks or other employees to properly cohduc'
its corporate business, and 10 make such by,
laws rules and regulations as may be found
| necessary or desirable for the management
and business affairs Of this corporation, and
| generally to do every other act, matter or
| thing necessary for the complete and proper
! | carrying out OF said business.
II Article 1.-THE domcIe of this corpora
ton shall be in the CITY OF New dreams,
| all citation or other legal process shall De
served upon the President, or IN the absence
of the President, upon the Vice Pre- sident' or
in the absence OF both' upon the 0ee'e'Ai'
a Article III.-The objects and purposes OF
70 this corporation are hereby stated and &c
clared 10 be:
n wise lands in the Calcasieu oil tields OF Lou
Y isiana, or in any other location IN this stare
+ or elsewhere, Tor the purpose OF pTGspectiht
| for and obtaining OIL, gas, sait, suiphHII "
other minerals, and 10 that end TO drlll o.
e cause 10 be drilled oil wells, or sink: or cause
/ 10 be sunk, shafts for mining, and to buy
,, lease, or otherwise acquire drilling rigs o
= other machinery or apparatus necessary L
fully accomplish said purposes; and II OIL o
d other minerals are found, then 10 marke
:; the same TO the best advantage o.,
- he Al ~,
N salt sulphur or other minerals ,eitheT pro
e duced by this corporation or other persons 0
a Corporations by means OF pipe hnes, "a am
Hvays railroads, boats, barges or other con
l. Fyeyances or TO lease or suitcase all or an!
e part thereof TO any other persons or corpora
tions for the like purpose, and IN otuer
II fully carry out said objects and purposes L
n nurcbase lease or otherwise acquire pip
N lines. tramways, railroads, boats, baTges
le tank cars, locomotives, pumping statlohs
steam plants. air plants and az otner
" cry, apparatus ana pardpneiHd'ia AeNN''''
to To build. construct. lease, purchase o
I otherwise acquire buildings, machinery an
IN other apparatus for refining, smelling, manu-
Or featuring or otherwise working up the pre-
lee ducts of mineral lands either produced 0
ii this corporation or other persons or corpora
| lions and TO refine, smelt, manufacture
~ otherwise work up by-products Of said NINE
ne ais 10 operate the said plant and market IN
I'd products or by-products, as manufactured
ne the best advantage
/, y.
ay Hing TO oil gas salt, sulphur or other minera
ok as NAV be necessary or desirable, or such
p are generally engaged in by corporate
p Article IV.-The capital stock Of this CO
e ,oration is hereby fixed at the sum OF RI
teen Thousand (slS,OOO.00 Dollars, divided II
a 20 fifteen hundred shares of the par value
at hen dollars each; provided that the amount
which the capital stock of this corporation ma
lis be Increased shall be One Hundred Ihousar
Ter (slOO,OOO) Dollars. .. -
CORPORATION must be subscribed Tor oeIo
OF the filing of the articles OF incorporation.
er- subscribed capital stock OF this corporate
zee shall be payable in cash, properly rear
atpersonal, or for services performed OF re
i'd dered, and provided that il the stock IS
i'll Maid for in cash that the law as provided for
on Section ) of Act 267 of 1914 be IN all respee
or No s,ockholder shall ever be held liable
or ,,snonsible for the faults, contracts or DER
of this corporation in any TURNER sum a, ~ /,
BILE shares of stock subscribed for by him,
ra- snail any mere informality in the oiganizal,
al have the effect of rendering tnis ens ih m
OF or of exposing any shareholder to any hsoii'
the This corporation shall not begin TO do ou
OF ness and be going concern untL. ~;
be- Thousand (sl2OO0OO Dollars OF the cspf
his stock shall have been issued and PAID I
either in cash, services or in property as arc 9,
nay said If any of the aforesaid stock OF !, y
ist. corporation is paid Tor IN ps0pfs'S Section
.LaiI
bed naragraph &C" of Act 267 OF l9l4 snail
strictly complied with. =,
ire: Article V-All the cooperate powers OF y
1889 CORPORATION shall be vested in and exerc,'
TO by Board of Directors to be composer
500 Sven stockholders, each of whom shall 90 @
,al, in his own right, during his term OF otii
n. at least one full paid, non-pledsed snare
ub- st.ck. which shall be shown by his .rit'
the d.cIa,,,ion. four of whom shall constitute
ella quorum for the transaction OF business; 7
1rst S;drd the board Of directors shall have pc,
one "a increase, in their discretion. the mum
ock ~ directors from seven to fifteen, IN "n
ling event eight shall constitute quorum.
at. The officers of this corporation shall cons
,on- of President Vice President sec,eu hs,s
ans, The Roard Of Directors. The offices OF SEE
in t.,v and Treasurer may be held, II DESIRED
and one and the same person. .
who The following named persons shall consult
nese the board of directors OF this corP1Is.on;
rers wit: w. A. Collins, Hattiesburg; Mississil
the George II. Carter, Hattiesburg, MISSISSIPPI;
II. Gooch. Hattesbutg. MississiPPi's N,
Bond. Mississippi; R. N. Davis; Perkins;
$3.50 Mississippi; w. w. Hines. New orleans'
| ~ CeorOr II Carter PreSid