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

minerals, and 70 that end 20 drill or caus.
| 20 De drilled OIL wells, sink or cause to
! Re sunk shafts i1r mining, and 10 buy o.
| lease, or otherwise acquire. drilling rigs or
/ ,tht~ machinery o~ apparatu, necessary Ia
! Tally accomplish said purposes and ~ oil
1 or other minerals are found. then to markc,
! thc same % the best advantage
! =. 10 engage ~ the distribution Of oil
| gas, salt sulphur or Other minerals either
produced BY tins corporation, or other persons
~ So'p''aii"T- by means OF pipe lines,
'dm"iSs' F"'iT"1d''. boats. Jargcs or other
| convey anoe,, or 90 lease or suitcase all or
| any part thereof 10 any other persons Or
corporations Tor the like purpose: and IN or
! l'' !" iuily carry ont ,dld objects and pur-
poses. 70 purchase, lease, or otherwise &C.
9uIe' P'pe lines, 'r7mwayS, railroads. docks.
"vhtN' bafgeN, tank cars. locomotives and
! cars pumping stations, steam plants, air
pants and al other machinery, apparatus
thereto
l. build. construct, lease. purchase or
Otherwise acquire buildings, machinery and
other aPpsrHtu, for refining. smelling manu-
iictir'ug, or otherwise working up the pro-
lu'iN OF mineral lands, either produced by
u-N corporation or 10y other persons or cor.
poTatipnN' and t. refine, smell, manufacture.
or otArr~ sc work mp the hv-productS Of said
minerals 20 operate the sand plant and 70
market the products or hy-products aS mann.
featured. 70 the best advantage
o. 10 carry on such other business apper-
| 't,hihE Z" farming. oil, gas, sulphur, salt or
other, minerals As may De necessary or de-.
2irahlc, or such are generally engaged in
oy corporation Of this kind
Article 4.-Ihc capital stock Of this ro-
t.'d,i'n Is H'Tthy uNed at the sum Of two
hundred and fifty thousand CS2SOOnUOO dol
lars, divided into twenty-five thousand C5s
~ ShareH OF the par value OF ten $1,000
which the capital stock or this narration
may be increased shall be iive hundred thou
sand lSSo'oooo dollars.
,, ! hirteen thousand three hundred and hf,,
lt,N- I.tF ono H. o.
thFee thousand FIVE hundred CSl33 500 OOl AZ
lars OF the capital stock Of this cornora,io,,
must he subscribed before the Ming OF the
articles Of Incorporation The sIhs,,-bis5
capital stock OF TIN, corporation shall h. -,
s''' u 'aNA, property, real or personal or
oI IS''f and services rendered and per.
No stociholder shall ever he held l,bl. 49,
responsible for the faults, contracts or drb,s
1I thiN corporation in any further sur, ,bsr
ne unpaid balance due the corporation on ~.
sLaif OF stock subscribed for by him. nor
shu' any mere 'EiJrmality in the organi1a.
''n nave the effect Of rendering this ch,-trr
in:utt': OF OF exposing any shareholder to sry
Inability Whatsoever '
Inns corporation shall not eogage -, -:
ness HrEl one hundred and fhirtv.tb-a.
thousand rive hundred Sl33. 5ONOM doIi,,s
''''oy 'naIes a. the capital stock shall hav,
o,'n issued and actually paid IN, either in
,HS"' property or Sc-vicvr as aforesaid II
any OF the stock Of tins Corpora,i,,, -
changed ID whole or in part, for property o-
E'''-|'A, m thar event the provisions n
- o. act -| OF 1914 shall be complied
Article V.-,AlI the corporate powers of this
corporation shall be vested in and $1,000
~ BOARD OF directors composed Of seven
Ni"cKh3la"rs, each of whom shall own N hi.
own right, during his term OF Office AZ laa.3
'He iui. Paii, uon-plciyci share of stork
"..eA snail Oe shown by MS written derIa'
. -.,r, tour % whom shall constitute quo.
.9n Tor the transaction OF business: pro.
viocd, the board Of directors ar, hrrcI,, p,