The herald. [volume] (New Orleans, La.) 1905-1953, 1917-04-12


mortgages, pledges, r- Other hyp1fheea,.ou- {;
% make and Use a corporate seal and t.,
>a~c Z. break and alter IL pleasure: % pur.
chase. receive. lease. hold. or otherwise ag-
qu.rg and convey, a> well as mortgage and
Aypo,hccatc. under D., corporate name. prop
y~;y, both real. persona. and mixed: g., Dor
rpV money and make and issue bonds and
other evidences ~ deI,, and - secure the
same by mortgage, or otherwise, 90 name
and appoint such manager, and directors.
nfti-er, and agents Is the interest and con-
vtulrnCe II said corporation may require.
and 70 make and establish. as well as alter
and amend at pleasure, such bylaws. rules
and regulations i1r the nlautgc-nen, and
regulation Of the affair, Of the corporation
a. may be necessary. proper or convenient.
Article 1.-THE domicilc Of this corpora
all citations or other legal process shall be
served upon the president Of the corporation.
o-. M has absence, upon the vce-preSideut.
Article IlI.-Thr objects and purposes for
which th, corporation is csta6li shed. and
the nature Of the business TO be carried on
by IL; are declared and specified to be: To
mine, dig and drill for, or otherwise obtain
from the Garth, oil. gas. sulphur, salt and
other minerals. 20 manufacture refine. pre-
pare for market, buy and sell and transport
The same in the crude or refined condition;
- acquire for those purposes OIL. gas, sui
phur. salt. coal and other mineral land, and
lcaSe-hplds and Other interests or rights in
real estate or minerals; to construct and
maintain conduts and lines OF tubing and
Piping 10Y lat transportation OF rdfuTa! gas
and OF oil: 70 buy. sell, hold, lease, mort
gage. ALLEVIATE, and deal in real estate Of
all sorts; TO drain, reclaim. Colonize, develop
and improve lands; 10 erect buildings and
other structures. and 20 operate, lease, or
otherwise handle them and deal therein; to
construct, acquire. maintain and operate all
railroads, tramwayS, telegraph and telephone
lines. canals. waterways. boats and other
means Of transportation necessary or Conve-
men; IN prosecuting the business OF the
company; - construct and operate hotels
warehouses and general stores; - issue
h'ni>. mortgages and hypothecaton- 70 the
extent necessary or proper fO- - business:
90 acquire. and hold, sell, cucumber. or dis
pose "i stocks and bonds OF other companies
TO the extent permitted by law; 10 exchange
IL entire capital stock, or any part thereof,
Tor property which II Is authorized 10 &c
quire, or 10 exchange its entire assets and
business: or any part thereof, for property,
stocks, bonds. OF other obligations -. other
companies; to hold stock IN other corpora
tons; TO perfect and acquire patent rights,
improvements or processes; and 20 do and
transact all business properly connected
w''h. incidentaI, or convenient to any OF
the said 93!igations and purposes.
poratlon IS hereby hNed az two hundred
and nifty thousand dollars (S25OO~G), 10 be
divided INTO and represented by twenty five
thousand tSoWO shares OF par value OF
Tor IN cash. or may be issued for property
actually received by the corporatlon or for
services rendered. This capital stock may be
increased up 10 the sum OF hve hundred
thousand dollars S5T0OOl.
Article N.-All powers OF this corporation
sHaH De vested IN ana exercised by board
OF not less than three nor more than seven
directors; within these limits the number
may be increased at any time, and the new
ot1ceS hlIed by two-thlrds vote OF the
entire directorate. The board shall elect
from their number president, vice,presI-
cent, secretary and treasurer, and such
other ofhcerS as they may think proper or
convenient tor the carrying on OF the COM
pany 5 business, and shall have power 20
confer upon one person, or TO dispense with
any othce m ITS discretion, and TO NIX the
salaries OF all othcers, agents and employees.
Inc board OF directors snail be elected an
nually on the second Monday OF March OF
each year the hrst election TO be held IN
the year l9l8. All such elections shall be
by ballot, at the office OF the corporation
Notice OF annual meetings, as well as Of
SPECIAL meetings OF stockholders shall be
gwen by written notice mailed htteen uO
days IN advance OF the date tor such meet
ing, to each ockholder appearing as such on
the books OF the company, at his last des-
at New Orleans, La, II he has not desig,
mated an address. Each shareholder shall
be entitled TO one vote tor each share OF
stock standing IN ms name on the books
d the company SAID vote 10 be cast IN
person or by proxy and majority OF the
votes cast snail eject. Inc board OF direc-
tors snail have the power to MI all vacan-
cies winch may occur, or IN any manner
arse or be created on the board OF directors,
even though no quorum remain at the time
Such vacancies are 70 De hIied. Failure to
eLeG, dlIect2rs on me day ABOVE Specined
nan nor uissoIVe the corporation, put Ine
untii thelr successors are elected Inc board
u qlTeG'ors snail nave power 70 make ana ana
gs'dollsh' as wen as amer ana amend al,
DSona r. anu an9 10
proper loI me support ana management OF
me anairs ana business OF me corporatIron'
anu nor IIe pIn win us ohatter. me
.L s.dLt Lave po"sl, "ltnout Iele'Ilng 70
sIie 80 niioi !' 70 oo'loT money execute
lnGGrtsageeS: issue notes, pledges, bonds; or
onnsr . oornsA'Ions: IN such anoun.s ana on
~ . teIIns d ~ sneM Juusinsnt may Oe
anu any 70 20 an .h',ss
reasonably necessary or convenient Tor the
pIopeI SIns o.t oI .ne ousinvss Oh the
~ "a ss,,. .ud dsI;v.r fiIP LA at
80 "a bo anu SIa luz Pda9 , Oh