The herald., 1915-05-27
CHARTER
OF LAKE END OIL COMPANY, INC

OF LAKE END OIL COMPANY, INC
United States OF America, State of Louisiana
Parish of Orleans. City of New Orleans
BE 1t known, that this 2lst day of the
month Of May OF the year of our Lord. nine,
teen hundred and fifteen, and of the indie
pendenCe OF the United States of America
the one hundred and thirty NINTH before me,
Charles +. FletChInger, a notary public, dull y
commissioned and qualified in and for the
parish OF Orleans, state OF Louisiana, therein
residing. and in the presence Of the witnesses
hereinafter named and signed, person
ally came and appeared the several persons
whose are hereunto subscribed, who
Seyerally declared that availing themselves
of the laws OF this state in such cases made
and provided, they have cOvenanted, and do
by these presents covenant, agree and bind
themselves, well as such persons as may
hereafter become associated with them, to
form and constitute a corporation and body
polite in law for the objects and purposes.
and under the terms and conditions follow
ing, tO-wit:
Article This corporation shall be known
by the name Lake End Oil Company. Inc. "
and such shall have continuous succession
for nInety-nIne years, unless sooner dis
solved; and shall have power TO sue, and to
he sued, to acquire and hold by purchase,
lease or otherwise, property real and personal,
movable, immovable and mixed. and the same
to 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
officers, 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
and generally to exercise all powers that are
conferred on corporations, organized for the
purposes hereinafter stated
Article 1.-THE domicile of this corpora
ton shall be at New Orleans in the parish OF
Orleans, state of Louisiana: and all citation
and other legal process shall be served on the
president of this corporation, in the event
OF his absence. upon the vice-president, or
in the event of the absence of both of the
above named officers, 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.
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 deali in, and enter into contracts re.
garding lands OF every description; to pros
pect TOR, mine, produce and refine all kinds
OF minerals; to prospect and explore for, and
sink wells for the production of fuel, lubri-
eating, Illuminating, and all other kinds OF
OILS, and for the production of gas n the
state of Louisiana, and in other parts OF
the United States, and in foreign countries
TO buy, 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
10 erect structures of every nature whatso-
ever, including oil tanks and buildings for
the purpose Of refining or otherwise treating
all kinds of oil and other mineral products
to buy, sell, own, hold lease and Operate
lands, pipelines. railroad spurs, or switch
tracks, warehouses. telephone and telegraph
lines, barges and other water crafts OF every
description, incidental to, or in conjunction
with any of the powers and purposes herein
above set forth, and generally to carry on any
operations, and engage in any business in
turtherance of the foregoing, not inconsistent
with the constitution and laws of this state
or Of the United States
Article lN.-The capital stock of this cor
poration is hereby fixed at 100000. divided
INTO and represented by three hundred shares
OF the par value OF $1,000 each. The amount
OF capital stock may be increased to $4,000
by vote OF two-thirds of all outstanding
stock, and according to the laws of the state
of Louisiana.
All subscriptions shall be paid for in cash
property or services, at such time that the
board of directors shall require, and the laws
OF thus state provide. The corporation shall
begin TO do business. when Sl5WOOO of the
capital stock has been subscribed for, 50 per
cent paid. and the remainder of the authorized
stock shall be issued at such time and upon
such terms and conditions as the board OF
directors shall determine
No shareholder of this company shall At
any time, offer his stock for sale either pri.
Vateiy or IN the open market, without having
previously offered to sell such stock at the
lowest prlce he is willing to accept therefor.
TO the other shareholders of the company by
means OF a written communication, addressed