The herald., 1917-10-25
CHARTERS.

\ The board shall elect from their number
a President two Vice Presidents, a Secretary
and a Treasurer, and shall elect, but not
/ necessarily from their number, suSh other
officers as they may think proper and con-
| venient for the carrying on OF the sompany
| business, and shall have the power TO unite
| two or mere offices and the same 70 confer
upon person, or to dispense with any
| orices in It's discretion, and to FIX the sala-
| ries OF all officers, agents and employees.
| board OF directors shall be elected an
uually on the second Monday Of July OF each
year, the irst' election TO be held IN the
| year 1918. All such elections shall be by
| ballot. at the Office Of the corporation. No
tice Of annual meeting, as well as special
meetings OF stockholders, snail be given by
| written notice mailed fifteen days IN advance
Of the date OF such meeting to each stock
holder appearing such on the books OF the
| company. at his last designated address, or
| at the General Delivery AT New Orleans,
| Louisiana, II he has not designated an ad-
dress. Each shareholder shall be entitled
TO one vote for each share OF stock standing
| in his name the books OF the company,
said vote 20 be cast in person or by proxy,
and the majority OF the votes cast shall elect
The board Of directors shall have the power
u I'LL all vacancies which may occur or N
any manner arise or be created on the board
IF directors, even though no quorum remain
a; the time such vacancies are 10 be filled
fFalure 10 elect directors on the day above
| specified shall not Dissolve the corporation,
put the directors then IN Office shall remain
Il N office until their successors are elected.
; The board Of directors shall have power 70
amend, all bylaws. rules and regulations
/ necessary ard proper for the support and
management Of the affairs and business OF
| the corporation and not inconsistent with is
charter The board shall have power, with
| cut referring TO the stockholders. 10 borrow
, | money, execute mortgages, and issue notes,
| pledges bonds or other obligations in such
, | amounts and on such terms as in theI- Iudg-
. | ip 9iyau and generally
| do all things reasonably necessary or CON
, venIent fofr the proper carrying on OF the
business Of the corporation; and they are
| especially authorized TO issue and deliver
full paid shares Of stock and bonds or obi
cations Of the company in payment Of prop
erty acquired by said corporation, and espe-
: leases or property now held by the LouIsl-
' ana Company, Incorporated, at such valua-
ton as in their judgment may be proper. A
: majority OF the directors shall constitute a
+ | quorum for the transaction OF business The
r board of directors shall have the power, by
e vote Of not less than twO-th,rdS OF all
a directors, to sell all or any part OF the prop
| erty, movable and immovable, belonging 10
!, | The corporation, or to receive IN exchange
= | therefor money or stocks or bonds or other
, | obligations OF another individual, firm or
3 corporation OF any character, without re-
u ierring TO the shareholders for power TO do
d so. AT any meeting OF the board OF direc-
> | tors any director absent from the meeting
:, may be represented by any other director,
who may cast the vote OF said absent drec-
tor according TO the written instructions OF
lie said absen, director. Until the annual meet.
oi ng Of 1918, the board OF directors shall con-
lie sIst OF the following: Claude !. Campbell
re post office address Lake Charles, La; Clar.
cnCe +. BerdOn, post office address Lake
N Charles, La. Abram Luria, post office address
ID 5l4 Hibernia Bldg, New Orleans. La; (. c
N Gay, post office address, Lake Charles, La.
o. r. Allgeyer, post Office address 5l4 Hibernis
Bldg, New Orleans. La; II. Tate, post OF
!. Zee address, Lake Charles La OF the fore
D | going. Claude ]. Campbell shall be President
8 Abram Luria, Vce-President, II. Tate, Sec
t. retary,. and R: L. Allgeyer, Treasurer.
,ed Article NI.-This act OF Incorporation ma!
as be modified. changed altered or amended
or this corporation may be dissolved, in tht
h. manner provided by law, by a two-third
| vote Of the entire outstanding capital stool
r present or represented at a general meeting
L. Of the stockholders convened for such pur
pose, after previous notice shall have bee'
. given in the manner above required 10 b
:, given OF the annual meeting of the corpora
OF ton. The capital stock of the corporation
We may be increased or decreased by proceed
ne ings in accordance with the laws of til
~ State Of louisiana
z, Article VILE this corporation shall b
dissolved. either by limitation from an
other cause its affairs shall be liquidated b.
three commissioners TO be appointed at
meeting of stockholders convened for tn
purpose of liquidation, and TO be elected b
majority vote of the stockholders present
which liquidators shall remain in office unit
OF he affairs of said corporation shall hav
M ] been fully settled and liquidated, and the
hhy | shall have full power and authority TO trans
ni fer and give title to all the property an
~ assets of the corporation, and TO dstTi6 but
10 the proceeds In case of death, disabilit
or resignation Of one or liquidation
ny the vacancy shall be filled by the survive
rs or survivors
Article VIII-No stockholde- shall eve
. be held liable or. responsible for the cor
tracts or faults Of said corporation in an
. further sum than the unpaid balance due o
- | the shares of stock owned by him. nor sha
w. any mere informality in organization hav
| the effect of rendering this charter null,
81. of exposing any stockholder 10 any liabilit
ew beyond the amount due on his stock
Article IX.-There is annexed hereto an a
ne curate, detailed and itemized description
me certain property which is To be conveyed
ID the corporation in payment Of certain subscril
ny tons for 1920 shares of its capital stool
ate showing the amount location, extent, cha
III acter and state Of improvement Of said pro-
Ses erty together with a statement of the walt
On Of same as appraised by the directors
ms this corporation. And in order that tn
OF charter NAV serve as the original subscE
nat ton list the subscribers hereto have ind
the Gated opposite their respective signatures q
"a number of shares of stock subscribed for
m each of them.
ioI Thus done and passed in my Office at Il
~ City of New Orleans, louisiana, on the da
- | month and year first above written, in Il
o. presence of Monte NJ Lemann and Isaac
Heller, competent witnesses, who have her
"a unto subscribed their names, together WI
md me, no'dIy, anu Sa.u HPpe"'e''' ~'''' ~
"a Original Signed Names of subscribe
., omitted
Witnesses: Monte NJ. Lemann Isaac
and Heller.
Use, WATTS n LENEKiCh' Not fuO,
as l. the undersigned Recorder Of Mortgage
its in and for the Parish of Orleans, State
nal Louisiana, do hereby certify that the abo
and and foregoing act of Incorporation of I
- ~
ebt, Century Oil and Rehnlng 20, Inc, was ~
or day duly recorded in my office in Book y
an folio -.
as New Orleans, October =, 1917.
ror. EMILE J. LEONARD, D. R
at WATTS X. LEvERICH, Not. Pub
ons Oct II Is % Nov ! IS
the
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