New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1916-12-23
LITTLE bayou OIL CO. INC.

otate OF Louisiana, Parish of Iberia
De 1t known, on this 18th dav
november A. D., 1916, before me FRI
W.: 0auman, Notary Public in and fc
SAD Parish and State, personally cam
ana appeared Dr.. Geo. ]. Sabatier. who's
E. w. address is New Iberia, La. Wal
.ef ). Burke, whose post office address
Is new Iberia La. and Solange E. sor
rell, whose post-office address is Ne,
rria, La, Iberia Parish, La, each .
whom declared unto me, Notary. in n
presence of the hereinafter named an
unassigned competent witnesses tina.
availlng themselves of the provisions G
Act No. 267 of the General Assembly O
tine State of Louisiana for the yea
1914, as well as the laws of the Stat,
IN general relative to the creation O
corporations, they do hereby form them
selves into and constitute a BODY oolit;
IN law, and adopt the following article,
as charter to govern themselves anc
such others as may become associate
with or succeed them.
ARTICLE I.
The name and title of this corporation
shall be the LITTLE BAYOU OIL
COMPANY, Incorporated" under which
name and title\it shall enjoy a succes-
sion of property and all rights, priv
ileges and immunities granted by law
unto corporations in the State of Lou
isiana, for period # ninety nine yeats
from date hereof.
The domicile Of this corporation is
fixed in the City Of New Iberia, Parish
of Iberia, State of Louisiana.
ARTICLE II.
The purpose for which this CORPORA
ton is organized and the nature of the
business to be carried on by it are de
clareh to be: To undertake exploration
for the purposes Of discovering oil. gas,
or other minerals; to operate OIL gas O.
other mineral wells OF mines; to en-
gage in the buving and selling of oil,
Gas or other minerals; to acquire, con-
struct and operate pipe lines, tramways,
storage plants, barge lines, loading sta
tions and all things connected with Of
appertaining to the production, storage,
sale, disposal and transportation of oil,
gas or other minerals, with authority to
acquire by purchase, lease or otherwise
franchises - may be necessary for
or connected with the conduct of the
business herein above outlined, and gen
orally to do all things necessary or in
cident to or connected with said business
in any of its departments.
ARTICLE III.
The capital stock of this corporation
is fixed At Five Thousand Dollars
$5,OOOO0), divided into and represent
ed by Fifty (50) shares of the par value
of One Hundred Dollars ($10o.00> ea-n.
This corporation shall be, authorized 20
commence business Is soon as four thou
sand dollars of its capital stock sha''
have been subscribed and paid for. The
remaining portion of the authorized cap
ital may be issued from time to time and
in, such manner as the Beard Of Direc
tors may deem to be to the best inter
est of said corporation.
ARTICLE ~.
The name and post-office addresses of
the subscribers to these articles of in
corporation and the number Of she-e- r. |
stock which each Of It's stockholde-s
hereby agree to take and pay for, as fol-
lows: George J. Sabatier, Solange E. !
SoYrel' and Walter J. Burke.
ARTICLE "
The corporate powers of this corpora !
ton shall be vested in and exercised bv |
q board of directors composed Of three
stockholders, which board shall be
elected A. its annual meeting Of the (
Of said corporation to be
held on the third Wednesday Of Novem :
Der Of each year. The first annual meet I
ing of said stockholders to be held m !
the third Wednesday Of November 1917. !
Until the first annual meeting Of sal
the directors Of this cor
poration are declared to be: DR.. Geo. !
J. Sahatier, whose post-office address is
New iberia. La; Wa'"e- J. Bu-ke. whose
-o.t- office is New Iberia, La, and
E. So-rell, whose post office ad- .
dr--s is Olivier. La.
The Officers Of this corroration shall !
be . president. vice-president. secretary-
treasurer; who shall be elected from
among the directors. and Immediately
following the annual election held bv
the stockholders.
Until the election to be held on the
3rd Wednesday Of Novemh--. i'17, the
fc',o-vi-c sh.N ~ ~. officers Of this
Dr. Georre J. Sabatie-.
president; Walter J. Burke. vice-presi-
dent and So!a,ee E. Sorrell, secretary
treasurer. ANY vacancy on the board
Of directors shall be filed by the remain
ing members of the Board for the r~ex-
PRED term. Any vacancy in any Office
shall be filed by the Directors for the
nnexpi,ed term.
ARTICLE VI. |,
The capital stock of this corporation
nav he increased in accordance with
law 70 the SUN Of Fifty Thousand $3.50 ,
D0000) dollars. i
ARTICLE VII.
No stakeholder Of this corporation
shsll ever be held liable or responsible
for the contracts or faults Of this corpora
Son in any further sum than the unpaid ,
balance due the corporation upon ~
stock subscribed for herein; nor shall
sAfa~-~1sA- - ~ 1