The herald., 1915-09-02

IN r winch event, FIVE shall constitute quorum
| me onlcers OF this corporation shall consist
VI president, vice president, secretary and
ueasurer, all Of whom shall be members OF
.ne board OF directors. The Offices of secre.
bx anu treasurer may be held, if desired
oy one and the same person.
Inc fol lowing named persons shall consti-
| u'e inc board OF directors of this corporation.
OWL; W. A. Collins, Hattiesburg, Mis-.
fP% pm. !" w woods, New, Orleans, La; L. II.
New Orleans, La; W. W. Hines, New Or.
cans La; w. {. Riggs, Hattiesburg, Miss.
WIN /. H., Price, OF New Orleans, La, as
Ia as president: Thomas G. Price, of
! SSew orleans, La, as treasurer, and W. {
! NgsS' OF liattiesburg, Miss, as secretary:
anu these directors and officers shall serve IN.
! IN the hrst Monday IN March. lglh or until
qualified N"'S 'eO''u ana
Thereafter the directors shall be elected
! annually on the first Monday in March of
each year beginning with the wear IqIn. ali
&c IONS OF directors shall be by ballot. and
each stakeholder shall be entitled 10 one vote
! Io' each share OF stock standing in his name
y" the DOCKS Of the corporation, this vote
10 De cast III person or by prpxy aud II sbal1
resented to elect F
Failure 70 elect the board of directors on
me hTst Monday in March, 1915. or ANNUALLY,
L."I'eI HhaiI not work forfeiture Of this
remain IN office until their successors ave
elected and qualified
Article 3. The board of directors shall hold
.esuIat meetings at such times as shall be
uNeu III me bylaws OF this corporation These
meetings shall be held at the douicilc ~ 3D..
corporation, but the president NAV call sne.
Clai meetings Of the board of directors AZ
Su0H uhgs as he may deem advisable and
nc snaIi De required to call such special meet
H'ss whenever requested to do so bv three
members OF the board of directors Thrre
Gays notice OF such special meetings shall
e gwen IN writing 10 the directors unless
waiver OF notice IS signed BY the directors
my vacancy occurring on the board either
non. death, resignation, or inability 10 serve
shaIL be hlled by the board of directors a,
~ next regular meeting after such vacancy
s"aIi nave occurred. The first board of dire.
I's OF inns corporation shall be required to
AT suitable bylaws for the government NJ
ms corporation, which may be altered
amended or changed as the exigencies Of the
case may require.
Article The stock Of this co-co-.,;,,,, -
pe transferred, provided such transfer shall
be recorded upon the books of the cornor,tio,,
oeiore II shall be required to recognize the
transfer or the new holder of said stool Tho
!OtGi amount OF the subscribed sock as here. |
lhaDoFe set forth is the sum OF ten thousand
one hundred and sixty-fou (SlOI64OOl dol |
t ta, winch is hereby authorized to be issued
luiIy paid and worcestershire for cash
Article s.-This charter NAV he TnoJifad
OF altered the capital stock thereof increased |
OF decreased, or the corporation NAV be dis
solved with the assent of two-thirds of the !
SaIl,aI STOCK present or represented at any
meeting of the stockholders held for thai n,Ir |
pose alter prior notice in writing to each |
stockholder or mailed to him at his last known
post office address, all in accordance with the /
terms of Act Dol of 1914
Article AT the expiration of this cL,
Ter, or the earlier dissolution of this CORPORA |
ton tor any cause, its affairs shall be iio,,i-
dated by one or more liquidators to be elected |
oy the Stockholders, all of whom shall hold I
STOCK IN said company and said commits
sIoners are hereby vested with full power
ana authority TO liquidate the affairs of said
company, with full power to act under the
terms o: Section 80 (thirty) of Act 267 of
Article lO.-The appearers hereby declare
that they have subscribed to the following
number OF shares of the capital stock Of this
to-wit:
w. A: Collins, Hattiesburg, Miss fourteen
hundred and twelve shares John C. Woods,
Ne" orleans, La, ten shares; L. II. Price,
New Orleans, La, ten shares; Thomas G.
PrIce, New Orleans, La, ten shares; W. W.
Hines, New Orleans, La five shares: w { !
Riggs, Hattiesburg, Miss, FIVE shares.
thus done and passed, in my Office, in the
;lty OF New Orleans, on the day, month and
rear hrst above written, in the presence of
Arthur p. Portals and William r. Burns. com
'etent witnesses, who have signed these pres
'nts, after due reading of the whole.
Original Signed: w. A. Collins. fourteen
hundred twelve shares; w. w. Hines, five
hares; L. H.. Price, ten shares; Jno. G. {
Woods, ten shares; Thos. G. Price, ten
hares; W. {. Riggs, FIVE shares Witnesses: {
Arthur 7. Portas, William r. Burns
JOHN X. UPTON.
(Stamp) Not. Pub.
/, the undersigned recorder of mortgages
n and for the parish of Orleans, State of 9
ouisiana, do hereby certify that the above
nd foregoing act of incorporation of the Mu-
val Drilling Company, Incorporated, was this Q
4 lad
'liO -. New Orleans, Aug IS, 1915 10
(SigneO EMILE J. LEONARD, by. r.
A true copy. s
New Orleans, La, August IS, 1915
JOHN X. UPTON, Not. Pub.
Ig % sep 10 q 80