The herald. [volume] (New Orleans, La.) 1905-1953, 1916-12-28


. Article ID The Hsru.r.r Of ,l. ,,rr,-l-
. uYr shall Dec tn ,r- ci,v of New D-lrlu,.
+ Parish % Orleans. State - Louisiana. where
/ I'D citation, and g.lgr legal process, shall
/ be served MOON The r-,..Ir.'.. or. IN M, al.
. ~cuce. uprr '.r v.rs-p-r--I rrr
Article III-Tlr object, and purposes fl~
/ which thr, corporation D, organized. and she
/ nature rt the business 20 Hc carried uu by
/ u. and stated rry declared g, 1r a., follows.
Fsr-,s T. prospect. bore aud drill for, and
/ produce oil. ga~. sulphur and other minerals ,
/ - purchase lands ~ otherwise acquire lands
/ believed % contain OIL gas, sulphur and
/ r,hr: minerals: @ erect and maintain there
on drills. pumping stations. reservoirs. tanks.
/ pipe lines. and other facilities and c1uvc-
/ ucucc, that may De necessary or required
/ .n and 80 the business
Second. To build. construct, lease. pur-
chase. ur otherwise acquire, buildings. ma
chlucry and other apparatus for rcauIug.
smelling, manufacturing, or Otherwise work
| '"g ny me products "i mineral lands either
produced by ms e'rp'raii'u' or other per
| sons or corpofauoHN' and % refine, smslt'
m1nuiaSturc' ", 'i"cTW.>e W,Th mp the by
products oi Haia mIneIa's' ana 10 operate inc
sara plant anu market lhe pt'duSl' or ny
products rs manufactured u the beHt adN"n-
tage
Ihird; 10 carry on Such other business
pertaining 10, the aioIedeSSTioed purposes as
may. DC Ioul'u necessary p' uS't' 1o'e' % SUI"
a., a. ,b;. LA e"s's'u ia " - 'o'PO'
ar,;rIa IL tn c,ci,,i stock If this cor-
poration Is hereby fixed at the sum of fifty
seven thousand dollars (S57,OOOD, divided into
eleven thousand three hundred and ninety
eight on. 59S) shares, OF par value OF five
dollars CS5D each, to be paid for in cash,
or its equivalent in property. No certificate
of stock shall be issued and delivered unless
il is fully paid for, or for property purchased
liable or responsible for the faults CON
tracts or debts, Of this corporation in any
further sum than the unpaid balance due
the corporation on the shares OF stock sub.
scribed for by him; nor shall any mere in
formality in the organization have the effect
OF rendering this charter null, or OF exposing
a shareholder to any liability whatsoever;
nor shall the stock be SUBJECTED 10 assess
ment: The corporation may begin business
ana De going concern as soon as twenty
eight thousand hve hundred dollars OF the
capital stock shall have been subscribed ana
paid Tor.
Article V.-All of the corporate powers of
this corporation shall be vested in and ex-
ercised by a Board of Directors TO be COM
posed of three stockholders, which number
NAV be increased by the Stockholders at a
general meeting for that purpose I'D to IF
teen members. a majority Of whom shall
constitute a quorum for the transaction of
business Until the first Monday of Jan
uary 1918 the following named persons shall
constitute the Board of Directors of this cor
poration, to-wit:
Cl,-e,ca Edmund Fs,t;s George Cr4hbert
Rarot and UrnTv Rirbar3 Fine
-, -,
,,r,IIa on the 6rst Mond,y IN IanuaTv Of
Sacb yea- All Elections Tor directors Shall
faeI SGaii AZ ~ s,acLhoider sb,iI he
entitled 10 one vote for each share of stock
Standing in his name on the hooks OF the
cornoration. This vote TO be cast in person.
nr Lv proxy. and il shall require a majority
of stock present or renresented. TO elect.
The fa;Iurf m elect the hoard Of directors
ON the 6rst Monday in January, or annually,
thereafter. shall not work the forfeiture OF
This charter hui the old hoard of directors
shall remain until their successors are elect
Ell ard ohaIi6ed
W. IT. D., = n;.....-. Ill,
hItieIe NI'ulne Dodia oi 'es,oIS i sna,,
hoII ieguldr HeSLnsS az sd'eu L 10 az
sE0n tiilles ds slaii re- INeu -; t.e XII h
OF inc corporation. ihsse hleetIhss snaii ue
ieId dl tie uoIISIie ~ tHe eIi POI atio'i, Ou
, ,b BoarJ Of D Dire AZ such times as he
lne pIaIu Vi ~ 'Le" Iii a. ~
may ueeHl dgElsdIIe' anu NC eisii Oe
qulieu ~ Saii SUI" - iht es,.~,h.rs
eve. Ie9ueslgu ~ 10 80 ny TIKI Iis' i',n 81,
OF the bodru OF .Dlectois. iIIev nays nv
nee OF such special meetings SnaIi DC gwen
IN Writlhg 10 the 1iteetoIs uniess "a.VeI
Oh notlee Is sieheu Oy 'ne vi !t Hny
vacancy oSSuIIine oh tiie o1aiu, ei.nei iIOn
deah ftSigndtoh, OF lhdoliity 10 sere'
shalI De hiled by the Doard OF directors. inc
hrst, GoaTd OF directors OF this GpIpoIation
Shail De required 10 ufdll sutdoie set Oh
bylaws lot the government OF thls corpora
changed, as the exigencies OF the same may
require
Article NlI-The officers of this corpora
ton shall consist of a president, first vice
president, a second vice-president and a
secretary and treasurer, all of whom shall be
stockholders and members of the board Of
directors Until the board Of directors TO
be elected on the first Monday in January,
1918. shall otherwise elect the following
named persons shall constitute the officers
of this corporation: Clarence Edmund Fet-
it's as president whose address is IS Audu-
bon Blvd New Orleans Louisiana; George
Cuthbert Bacot as yice-pre sdent whose ad-
dress is 1904 Sycamore Street, New Orleans,
Louisiana; Henry Richard Fine, as secre-
tary-treasurer, whose address is 1928 Birch
Street, New Orleans, Louisiana
Article VIII-This charter may be modi-
fed or altered, the capital stock thereof in
creased or decreased, or the corporation may
be dissolved with the assent of three-fourths
of the stock present or represented at any
general or special meeting of the stockhold-
ers FOX such purpose after thirty days prior
notice in writing to each stakeholder, or
mailed to him at his last known post Office
address and after publication in a daily
newspaper published in the city of New Or
leans, and upon complying with the law in
such case and provided.
Article IX.-At the expiration Of this char
ration, its affairs shall be liquidated by two