The herald. [volume] (New Orleans, La.) 1905-1953, 1916-05-18

|
leans.
| BE # known. that on this nineteenth day OF
| the month Of April, in the year one thousand
! nine hundred and sixteen. before me, John
| K. ptou, notary public IN and :or this city
| and the Parish Of Orleans. State Of Louisi-
| ana, therein residing. duly cOmmis STONED and
qualified. and in the presence of the VII.
ne>>es hereinafter named and undersigned
| personally came and appeared: The several
| persons whose names are hcrcuntO subscribed
| all OF the full age OF majority, who declared
| 10 me, notary, that awaiting themselves OF the
| provisions Of the laws Of this State relative
| 10 the organization OF corporations, and more
especially OF Act 2o7 OF 1914, ard Act 2S2 OF
lSlJ' they have Covcnautcd and agreed. and
| by these presents do covenant and agree
for themselves, their successors and assigns,
| 70 form themselves into a corporation and
| body polite for the objects and purposes
and under the stipulations hereinafter set
forth, to-wit:
Article The name and title Of this cor.
poratron shall be Parathn Oil Company, Inc,
and under such title 1t shall have and enjoy
succession and existence for 4 period Of
ninety-n'nc years from the date hereof. un-
less sooner dissolved; II shall have power
ana authority TO contract, sue and be sued
make and use corporate seal, the same
10 break and alter At pleasure; 70 have, hold
buy; sell, lease, mortgage, hypothecatc or
pledge property, real, personal or mixed
necessary, incidental or proper for the car
rying on Of ats business and 10 that cnS
10 further mortgage all oil or ninera, leases
grants or contracts held by II, together with
all the buildings. constructions and improve
meniS placed and erected on said lands or
% be placed or erected thereon, as well az
20 issue bonds secured BY such rcgrtg7grs
such bonds 10 be issued in such amounts. az
Such rate OF interest, and 70 run Tor such
ienYi3 % time not exceeding the terms OF
NiId leases, a. said leSSecS OF grantees NAV
determine; 70 buy and hold stock in any
"tAer company OF companies that may assist
tnlS company IN rs objects and purposes;
20 MAKE and issue notes and certificates OF
ihiehtcdnesS; 70 name, elect and appoint
managers, directors and clerks or othr- I'm.
p!Oyes to properly conduct its corporate bust.
ness, and TO make such bylaws, rules and
regulations as may be necessary or found
desirable tor the management Of the business
and affairs OF this corporation. aud generally
TO do every other act, matter or thing ne.
essary or desirable for the complete and
proper carrying out Of said business
Article 1.-The d1micile Of this c,-no-,.
non snail be IN the city Of New Orleans,
farSh Of Orleans, State Of Louisiana. where
All citations and other legal process shall be
served upon the president, or IN the absence
Of the president upon the vice-presldent. or
treasurer
Article IIE.-The objects and purposes Of
ms corporation are hereby declared ,and
stated 70 be: l. To deal IN. ard to have,
mold, receive, purchase, sell, lease, convey
mortgage, hyPOthecate and pledge property
real personal and mixed; 70 acquire, hold
tease ana purchase any and all manner OF
lands throughout the State pt louisiana or
elsewhere, 70 develop and improve, as well
as TO transfer, convey, hypothecatc, mortgage
" pledge the same, either in bulk o- Gy pis.
Dr. other subdivision; 10 pillow. lay ont or
saolivIdc any and all lands acquired by
SAID c1rrl-I.0u; 10 build. erect. construct
ana g contract for the building and con-
'tFu-tion OF dwellings and othr- improve.
"trtS thereon Of whatsoever nature. and .gI
operate, lease or sell the same. 20 Cvt bitches
ANS ana canals and bald t-awWays for