The herald., 1916-05-04

minerals, and . that end to drill or cause
10 be drilled OIL wells. or sink or cause TO
De sunk shafts Tor mining, and to buy or
lease, or o'herAI-e acquire. drilling rigs pr
1tncT machinery or apparatus necessary q
Iu'tN accomplish SAID purposes, ard II OIL
pr other minerals are found then z, .fua-Le-
the same 20 the best advantage
! 10 engage IN the distribution of oil
s"~, Nhtt' NupnIr or other minerals either
produced 10y tins corporation, or other persons
or Spfp"ration~ ~ mean, IF pipe lines.
'ram~ays, railroads. boats. barge> or otber
-pHEtydnceS, or tp lease or suitcase all or
any part thereof 10 any other persons or
soiP!rdti'mN Tor the like purpose; and In or
Ger 10 fuIIy carry out said objects and Dur
poses, 10 purchase, lease, or otherwise ac-
guirc, pipe lines, tramways. railroads. docks.
ooatN' barges, tank ears, locomotives. and
,3is' pumping stations, steam plants, air
plants and all other machinery, apparatus
thereto.
;. 10 build. construct, lease. purchase mr.
otherwise acquire buildings. machinery and
2'htr apparatus Tor refining, smelling manu-
idctur'ng. or otherwise working up the. prn.
ducts 81 mineral lands either prndur,d he
ms corporation or by other persons or cor
or otherwise work up the by-products of said
minerals to operate the said plant and to
.h'rEet the products Of byproducts, As manu-.
ihCiured, u the best advantage
o. 10 carry on such other business amer.
'ainnS to farming, oil, gas, sulphur, salt or
"'htr minerals a. may he necessary or de
>'Id''c' or >uCh as are generally engaged in
by a corporation Of this kind
Article 4.-The capital stock of this COR.
pprdiion Is hereby fixed al the sum Of fvy,
hundred and nifty thousand CS25O,OOOOW dol
dad>' divided INTO twenty-five thousand 25-
-, shares OF the par value of ten fSl0OG
dollars each; provided that the amount IN
winch the capital stock ~ this corporation
may be Increased shall be i've hundred tbou.
sand 'S5OO0U.OOl dollars,
Thirteen thousand three hundred aud ff,v
.i''o'l SHARES. or one hundred and thirty.
three thousand FIVE hundred tslS3. OOl dGl.
lars o. the capital stock of this corporation
,rtirr e subscribed before the filing Of the
articles OF Incorporation The subscribed
capital stock Of this corporation shall be nav.
t''e IN cash. property, real Or personal or
.'L LABOR and services rendered and per
No stakeholder shall eve he held 1;,tJ. 49,
responsible for the faults, contracts or debts
u TINS corporation IN any further sur, ,bar
NC unpaid balance due the corporation on the
',"ftN OF stock subscribed Tor by him, nor
shdIi any mere InfDrmallty in the org,Diz,
non nave the effect of rendering this Charter
nun or OF exposing any shareholder 10 any
liability whatsoever '
Tins corporation shall not engage in b,,s;
ness unsl one hundred and thirty thrc-
thousand five hundred tSl55.5 5000 doliars
I''''', shares ot the capital stock shall have
,c'n l'Sael ana actually paid in, either in
S1o"' property or services as aforesaid II
any Of the stock OF this c6rporafior !. ~
changed IN whole ~ in part for property or
goodwill. IN that event the provisions Of
80, OF Act ~ Of 1914 shall be complied
Article N.-All the corporate powers Of this
corporation shall he vested in and exercised
~ a P}ard Of director, composed Of seven
'toc%A1iderS, each Of whom shall own in he
'"n right, during MS term Of of5re A. least
one iuI! paid. non-plcdged share Of s,ork
"ui'h slaIl be shown By his written decI,.
lalIoi, -FOUR 0t whom shall constitute a quo.
.ulh TOT the transaction Of business: pro.
Eided the board Of directors are hereby an.
JH'rlzei and empowered to increase in .Lei-
discretion, the number Of directors ~ nine
quorum. -'"S'''H'e
The officers Of this corporation shall con.
,.,i Of a president, vice president. secretary
f inu treasurer, all OF whom shall be mem
u secretary and treasurer may be held nv
one and the same person.
Inc following named persons shall c3ns,.-
ute the board of directors OF TINS c,rpo-a.
s,on' lo-wit; George Mule, 2SO3 Esp,anade
-, iGg" Ir'et1s' Ia; Pascal Almer.co 52lI
lniTayail, Nairn ?. O., La: Joseph Mn.
(4Iic4e, - Morgan BouI, New orleans ia =.
IIiitr'e,t + Woodward, 1919 CarordeIct s.
Ne" Orleans. La; Anthony y. Kinch $50
y. Charlie, S. New O-lra1, 7, W;iI;,--
r " iIIiams Abita Springs. La. ali residents
~ ms state OF Louisiana. with William +
W mans president; Anthony y Kinch. vice
resident; Herbert +. Woodwar! secretary
ana George Mule. treasurer. and .Lese n
ISctorS and officers shall serve until the 6-s.
thursday IN April, 1917, or until their Sue.
oessoTS are duly elected and qualified.
thereafter the directors shall be elected
annually on the first Thursday in April of
eech year' beginning with 1917: all elections
OF directors shall be BY ballot. and each
s.aareh2ider shall be entitled 70 one vote
Tor each share Of stock standing in his name
on TIC books OF the corporation, this vote to
DC cas' IN person or by proxy, and il shall
require majority Of the stock present Or
represented to elect.
Failure 70 elect the board of directors On
me hrst Thursday in April, 1917. or annually
thereafter, shall not work a forfeiture Of this
charter' but the old board of directors shall