The herald., 1916-04-27
CHARTER

qualified. and IN The presence uf the wit
ncs,c, hereinafter named and undersigned,
personally came aud appeared: The several
person, whose name, are hrrcuutp subscribed.
all ID! the full age ui majority, Who declared
% me. notary. that awaiting themselves 81 the
provision, Of the law, uf th,, State relative
To- the organization ut corporations. and mote
r~u,,.rally OF Act 1- uf lyI4, and Act - ~
lyiU they have cr.euar'rd and agreed and
by these presents DO covenant and agree
tor themselves. their Successors and assigns.
10 form themselves into 81 corporation and
bod. polite for the objects and purposes
and under the stipulation, hereinafter 81.
forth. 'o-Nit.
Article Tile name and tI,lc Of tl.~ g'r-
p,rl,r,n shall be Para.rr oil Company Inc.
and under such title u shall have and ENJOY
Succession and existence for "a period Cd.
uluctl-u.ur years from the date hereof, un-
.c~, sooner dissolved; lt shall have power
make and u-r d corporate seal, the same
o. break and alter at pleasure. to have. hold.
hay. sell lease, mortgage. hypothreatc ur
pledge property, zeal, personal OF mixed,
necessary. Incidental vr proper for the car
rylug ON of ID, business and, 10 that eud,
'u further mortgage all oil or mineral leases.
grants ur contracts held hy H. together with
all the buildings. constructions and ;wprovc-
urrt> placed and erected on said Lands, or
20 Dee placed or erected thereon. is well as
% issue bond, secured by such mortgages,
such bond, % Pee issued m such amounts. AT
such rate pi interest and 10 ruu Tor such
length Of time not exceeding the terms of
sad leases. as SAID Ir~~cc- ur grantees may
determine; 70 bay and hold stock IN any
other company ur companies tina, may assist
thu, company Iu It's objects and purpose:
90 make aud issue notes and certificates ot
Indebtedness: To- name. elect and appoint
managers. director, and Jerks other en-
puyc- ru property cUuiur, H. corporate bINI-
ness, and To make such bylaws. rules and
regulations a. may be necessary or found
desirable for the management Of the business
and affair, of rhI, corporation, and generally
a.
.,,Irv or desirable for the complete and
proper carving out Of said business
Article 1.-THE dDmicilc OF this corpora
tom shall be i'm the city of New Orleans,
Parish uf Orleans. State of Louisiana. where
ali citations and other legal process, shall De
served upon the president. or m the absence
# the president upon the yicr-urcsidyut. pr
m the absence of both rlpuu the secretary or
treasurer
Article III.-Thc object, and purposes Of
TIN, corporation are hereby declared and
stated To- he. l. To deal IN and to have,
hold receive. purchase. sell. lease. convey.
mortgage. hyputhecatc and pledge property.
real, personal and mixed: To- acquire hold,
lease and purchase any and all manner Of
land, throughout the State OF Louisiana. or
elsewhere. t. devotion and improve. a. well
as 10 transfer. convey. hypothccatc mortgage
Or pledge the same either in bulk or bv plot
pr other subdivision: to pluw lay out or
,ubdiyide any and all land, acquired bv
sand corpnratiun. To build erect, construct
and to contract for the building and con
~tructIou of dwellings and other improve
nleuts thereon of whatsoever nature and 10
operate. lease or sell the same; To- cut bitches.
drain, and canals and build tramways for
the Improvement Of such lands
, To raise, deal in and buy and sell
oranges and all other manner and kinds Of
fruits and vegetables; To engage in the gen.
eral truck farming business: to cultivate and
sell. or manufacture and sell the produce and
accretionS OF such lands: to act as the agent
OF other corporations. individuals or firms
for the sale Of lands, collecting OF rents, and
in this capacity to charge and collect COM
missions and compensation as payment for
such services rendered corporations, individ-
uaS or firms; to issue bonds borrow and lend
money secured by mortgage or otherwise to
operate a store or stores To own, erect. oper-
ate and maintain power plants ice plants
sawmills and factories
J. To acquire by purchase. or lease, or
otherwise, lands in the State OF Louisiana, or
elsewhere, for the purpose OF prospecting for
and obtaining oil, gas salt sulphur or other
minerals. and to that end to drill or cause
to be drilled oil wells. or sink or cause to
be sunk shafts for mining and to buy or
lease, or otherwise acquire. drilling rigs or
other machinery or apparatus necessary to
fully accomplish said purposes and if oil
or other minerals are found. then to markc,
the same to the best advantage
!. To engage in the distribution Of oil,
gas. salt. sulphur or other minerals either
produced by this corporation, or other persons
OF corporations by means Of pipe lines
tramways railroads. boats. barges or other
COuNcNduCeS, 10 lease or suitcase all or
any part thereof to any other persons or
corporations for the like purpose; and i'm or
der to fully carry out said objects and pur-
poses, to purchase, lease or otherwise ac-
quire, pipe lines, tramways, railroads. docks
boats, barges, tank cars, locomotives, and
cars. pumping stations. steam nIants air
plants, and all other machinery, apparatus
and paraphernalia necessary or incidental
thereto.
5. To build, construct lease, purchase or
otherwise acquire buildings, machinery and
other apparatus for refining, smelling, manu-
featuring, or otherwise working I'D the pro-
ducts Of mineral lands, either produced by
this corpor ltion or by other persons ar cor
/ operations and to refine, smell, manufacture
or otherw Use work I'D the by-products of said
minerals to operate the said plant and TO
market the products or bv-products. as mann.
featured, to the best advantage
3. To carry on such other business amer
tanning to farming, oil, gas sulphur. salt or
other minerals as may be necessary or de.
srable. or such as are generally engaged in
by corporation Of this Kind
Article 4-The caDltal storL NJ ,b;s rae
poration is hereby fixed at the sum of two
hundred and fifty thousand (S15lNOOO dol.
lars, divided into twenty-five thousand (25-
OOW shares of the par value of ten $50 DW
dollars each; provided that the amount 10
which the capital stock OF this corporation
may be increased shall be five hundred thou
sand CS5OOOGOOO dollars.
Thirteen thousand three hundred and fftv
Q3.35O) shares. or one hundred and thirty.
three thousand five hundred CSlS3 OOO dol
lars OF the capital stock of this corporation
must be subscribed before the filing of the
articles Of incornoration The sf9bsJ,-b;nd
capital stock of this corporation shall he nav
able IN cash, property, real or personal or