The herald. [volume] (New Orleans, La.) 1905-1953, 1915-10-14
CHAR1.Ep
United States of America. State os
Parish OF Orleans, City of New OTIeans


| BE IT known, that on this s.oo.I
august IN the year Of our Lord. one tbo',s, VI
| TlHe hundred and fifteen N9l5) before -
2 osGPhn Sinai, notary public, in and for the
| pdlsh OF orleans, state of Louisiap. -
| commissioned and qualified ana :, Ia uuly
| ence. OF witnesses hereinafter named ana rs
derslgned, personally came and anne.-ad III III.
| Hi pc soEs whose names are hereir,ftor
| supsCrlDed' OF the full age of maioritv -
declared to me that availing tbcr,sniyy, VINO
the laws OF this state relative 10 the 49,, %
zation OF corporations, including act 5t3 ~
Dlo, page Sy5, of the legislative acts Of this
| stdte; they nave covenanted and agreed "a
! by these presents do covenant - $50 u anu
| themselves and their successors and sss;ot,S
| 10 form themselves into a cornora,;or
| Oody poItic IN law for the objects and 80
| set forth, tO-wit: "
Article THE name and title Of the co-.
| poration shall be, the Standard SuInbrr c.,
] Pahy' incorporated, and under such titIe !,
| shd'l nave ana ENJOY succession and existence
| tor a period of ninety nine wears g., ~.
| hereof 1t shall have the power and au,bo-;,,.
| TO contract, sue and be sued and ND -
| use corporate seal, the same to break and
after at pleasure, to hold, TO purchase -
| sen, mortgage, hypothecate or pledge nroner,'
real personal or mixed, necessary incidart3i
OF proper Tor the carrying on of its business
anu 70 lnai end TO further mortgage all oil
or mineral leases, grants or contracts held h.,
| IT, together with all buildings, constr,rt;oDs
| and improvements placed and erected thereon
| as well as to issue bonds secured bv srrL
| mortgages, such bonds to be issued i, go
amounts at such rate Of interest, and 10 nm
| for such length of time not eycesJ;rry ~
term OF SAID leases said lessees .r pr,ar.
| antees may determine, to buy and n boId
stoeN III any otheI company or companies that
may assist inns company in its objects and
| purposes, to make and issue notes and cert;
| hCateS OF Indebtedness; to name elect and
| appoint managers, directors and clerks ~
olnet employees to properly conduct its cor
] o. vol
/ Such by laws as may be found necessary or
desirable for the management of the business
and affairs of the corporation, and generally TO
| do all and every other act matter or thing
| necessary for the complete and proper carrv-
| ing out of said business
| Article 1.-THE domcile of the CORPORATION
shall be in the City of New Orleans, parish
| Of Orleans, State of Louisiana. where All c;t,.
| tions and other legal process shall be served
upon the president, or in his absence, upon
the vice president.
Article lII.-The objects and purposes for
which this corporation is organized and Tho
nature OF the business to be carried on nv II
are stated and declared to be as follows:
First: to acquire by purchase or lease or
otherwise, and the same to sell, lease or
otherwise dispose Of lands in the Calcasier
oil fields of Louisiana, or any other locality
! tor the purpose OF prospecting for, and obtain
ing oil, gas, salt, sulphur or other minerals
and to that end to drill, or to be drilled,
oil wells, or sink or cause TO be sunk shafts
for mining, and to bur, lease or otherwise
| acquire drilling rigs or other machinery or
apparatus necessary 10 fully accomplish said
purposes; and If oil or other minerals are
! found, then 10 market same to the best ad-
vantage.
Second: To engage in the Transportation of
oils, gas, salt, sulphur or other minerals,
either produced by this corporation or other
persons or corporations, by means of pipe
lines, tramways, railroads, boats, barges or
other conveyances or to lease or suitcase all
or any part thereof to other persons or cor
porations for the like purpose, and in order TO
fully carry out said objects and purposes to
purchase, lease, or otherwise acquire, pipe
lines, tramways, railroads, boats, barges, tank
cars, locomotives, pumping stations steam
plants, air plants and all other machinery,
apparatus and paraphernalia necessary or in
cidental thereto
Third: To build construct, lease, purchase
or otherwise acquire buildings, machinery and
other apparatus for refining, smelling. man
ufacturing otherwise working up the pro.
ducts OF mineral lands either produced by
this corporation or other persons or corpora
tions, and to refine, smelt, manufacture or
otherwise work up the by-products of said
| minerals and to operate the said plant ana
market the products or by-products as manu-
featured to the best advantage.
Fourth: To carry on such other business
pertaining to oil, gas, salt, sulphur or other
minerals as may be found necessary de-
srable such as is generally engaged in by
a corporation of this kind.
Article IV.-The capital stock of this cor
poration is hereby fixed at the of twenty
FIVE thousand dollars (S25000), divided into
twenty-five hundred shares of the par value
of ten dollars each, TO be paid for in cash, or
its equivalent. in property. No certificate Of
| stock shall be issued and delivered unless it
is fully paid for, or for property purchased or
leased, no stakeholder shall ever be held liza
BILE or responsible for the faults, contracts or
debts of this corporation in any further sum
than the unpaid balance due the corporation
on the shares of stock subscribed for by him;
nor shall any mere informality in the organi-
cation have the effect of rendering this charter
null of exposing a shareholder to any liza
bility whatsoever; nor shall the stock be sub.
jected to assessments. The corporation shall
begin to do business and TO be going concern
as soon as twelve thousand five hundred dol
lars (Sl2,50O) of the capital stock shall have
been subscribed and paid for.
Article V.-All the corporate powers of this
corporation shall be vested in and exercised
by a board of directors to be composed of
four stockholders, and three of whom shall
constitute quorum for the transaction of bus
mess Until the first Monday of August,
1916, the following named persons shall con-
stitute the board of directors of this corpora
ton, to-wit: c. E. Fettis, G. C. Bacot, II. r.
Fine, G.. f. Guedry.
annually on first Monday in August of each
year. All elections for directors shall be by
ballot, and each stakeholder shall be entitled
to one vote for each share of stock standing
in his name on the books of the corporatin,
this vote to be cast in person or by proxy,
and it shall require a majority OF stock pres
ent or represented to elect. The failure to
elect the board of directors on the FIRST Mon
day in August or annually thereafter, shall
not work the forfeiture of this charter, but the
old board of directors shall remain in othce
until their successors are elected and quail
fed
Article VI-The board of directors shall hold
regular meetings at stated intervals at such
time as shall be fixed by the bylaws OF
this corporation. These meetings shall be held
at the domicle of the corporation, but the
president may call special meetings OF the
board of directors at such times as he may
deem advisable and he shall be required t.
call such special meetings whenever requested
TO do so by three members of the board OF
directors Three days notice of such special
meetings shall be given in writing TO the
directors unless a waiver of notice is signed
by the directors. Any vacancy occurring on
the board either from death, resignation, or
inability to serve shall be filled by the board
of directors The first board of directors OF
this corporation shall be required to draft a
suitable set of bylaws for the government OF
this corporation, which may be altered, amend
ed or changed as the exigencies of the same
may require.
Article VII-The officers of this corpora
ton shall consist of a president, vice-Pres-
dent, secretary and treasurer, all OF whom
shall be stockholders and members of the
board of directors. The Offices of secretary
and treasurer may be held, If desired, by one
and the same person. Until the board OF dis
rectors to be elected on first Monday in Au-
gust 1916, shall otherwise elect, the following