The herald. [volume] (New Orleans, La.) 1905-1953, 1917-11-01
CHARTERS.

The board shall elect from their number
a President, two Vice Presidents, a Secretary
ard a Treasurer and shall elect, but not
necessarily from their number sUch other
officers as they may think proper and con-
venIent FOR the carrying on OF the eompany's
business, and shall have the power 10 unite
two or mere offices and the same TO confer
upon one person, or to dispense with any
Offices in its discretion, and to fix the saia-
RES Of all officers, agents and employees.
\ board OF directors shall be elected an
nually on the second Monday OF July OF each
year, the first election 10 be held in the
year 1918. All such elections shall be by
ballot Al the Office OF the corporation. No
tce Of annual meeting, well special
meetings OF stockholders, snail be gwen by
written notice mailed fifteen days IN advance
Of the date OF such meeting t. each stock
holder appearing "a such on the books OF the
company, at his last designated address, or
at the General Delivery at New Orleans,
Louisiana, il he has not designated an ad.
dress. Zach shareholder shall he entitled
10 one vote for each share Of stock standing
in his name on the books OF the company,
sand vote 20 be cast in person or by proxy,
and the majority OF the votes east shall elect.
The board Of directors shall have the power
- fill all vacancies which may occur or in
any manner arise or be created on the board
# directors, even though no quorum remain
II the time such vacancies are to be filed.
Failure to elect directors on the day above
],
Dut the directors then IN office shall remain
IN office until their successors are elected.
The board OF directors shall have power 70
make and establish, as well as alter and
amend, all bylaws, rules and regulations
necessary and proper for the support and
management Of the affairs and business of
The corporation and not inconsistent with its
charter. The board shall have power, with
ont referring 10 the stockholders, to borrow
money, execute mortgages, and issue notes,
| ..h' .,~b
amounts and on such terms as in their judg.
.nent may be advantageous. and generally 70
do all things reasonably necessary OF con
yenlent 'otr the proper carrying on OF the
business OF the corporation; and they are
especially authorized to issue and deliver
iuI paid shares OF stock and bonds or obi.
cations OF the company in payment of prop
ETY. acquired by said corporation, and espe.
-laily for the whole any part of the
leases o. property now held by the Louisi.
ana Company, Incorporated, at such valua-
'lon as IN their judgment may be proper A
majority Of the directors shall constitute a
quorum Tor the transaction Of business. The
board OF directors shall have the power, by
vote Of not less than two-thirds of ali
directors, 20 sell all or any part OF the prop
erty, movable and immovable, belonging t.
ne corporation, or 10 receive in exchange
therefor money or stocks or bonds or Other
Obligations OF another individual, firm OF
corporation OF any character, without re.
icrring to the shareholders for power 10 dc
50. At any meeting OF the board of drec,
tdrs 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
SAID absent director. Until the annual meet
'ng OF 1918, the board OF directors shall con.
| Slst Of the following: Claude J. Campbell
post office address Lake Charles, La; Clar
| cnce r. Berdon, post office address Lake
Charles La; Abram Luria, post office address
| 'l+ HlOerna Bldg, New Orleans, La; Z. c
| Gay. post office address, Lake Charles, La.
K. ANgeyer, post office address, 5l4 Hibernii
Bldg, New Orleans, La; ii. Tate, post of
| fee address, Lake Charles, La. OF the fore
going, Claude J. Campbell shall be President
Abram Lpria, VIce-Presdent, II. Tate, Sec
rotary. and R: L. Allgeyer Treasurer.
| Article Nl.-Ihls act OF Incorporation may
be modified, changed or altered amended
| or this corporation may be dissolved, in tht
manner provided by law, by a two-third
vote Of the entire outstanding capital stool
present or represented at a general meeting
| Dt the stockholders convened for such pur
| pose, aftef previous notice shall have beer
| gwen IN the manner above required TO bt
| given OF the annual meeting OF the corpora
| ton. The capital stock of the corporation
may be increased or decreased by proceed
ngs in accordance with the laws of thu
| State of Louisiana.
Article VII.-If this corporation shall b,
| dissolved either by limitation or from any
! other cause, its affairs shall be liquidated b,
4
| meeting Of stockholders convened for tht
purpose of liquidation, and to be elected b.
1 a majority vote OF the stockholders present
| which lqudators shall remain in office unit
| the affairs of said corporation shall havt
J been fully settled and liquidated, and the!
| shall have full power and authority 10 trans
| fer and give title to all the property ant
| assets of the corporation, and to distribute
| the proceeds. In case Of death, dsabilit,
or resignation of one or more liquidators
l the vacancy shall he filled nv the surviyo
| or survivors.
| Article VIII-No stakeholder shall eve
| he held liable or responsible for the con
tracts or faults of said corporation in an,
| further sum than the unpaid balance due OF
/ the shares of stock owned by him, nor shall
/ any mere informality in organization hav
1 the effect of rendering this charter null, o
| Of exposing any stakeholder to any liabilit,
| beyond the amount due on his stock.
/ Article lN.-There is annexed hereto &C
| curate, detailed and itemzed description o
| certain property which is TO be conveyed {
| the corporation in payment of certain subscrip
1 tons for 1920 shares of its capital stock
| showing the amount, location, extent, char
| erty, together with a statement of the valu
| Of same appraised by the directors o
| this corporation. And in order that thi
| charter may serve as the original subscrip
ton Est, the subscribers hereto have indi
| Gated opposite their respective signatures tn
| number of shares of stock subscribed for b.
| each of them.
Thus done and passed in my Office at tn
City OF New Orleans, louisiana the day
| month and year first above written, in tn
presence OF Monte VI. Lemann and Isaac S
Heller, competent witnesses, who have here
unto subscribed their names, together wit
| me, notary, and said appearers, after du
| reading of the whole.
Original Signed Names of subscriber
omitted
Witnesses: Monte NJ. Lemann Isaac
Heller.
| WATTS X. LEVEkiCH, Not. Pub.
l, the undersigned Recorder of Mortgage!
in and for the Parish of Orleans, State c
louisiana, do hereby certify that the abov
and foregoing act of Incorporation of tn
Century Oil and Refining CO., Inc, was thi
day duly recorded in my Office in Book l2l
folio -.
New Orleans, October =, 1917.
EMILE J. LEONARD, D. R.
A true copy.
| WATTS n LEvERICH, Not. Pub.
Oct II Is Is Nov ! IS
CHARTER
iOF TIE PROVOST INSURANCE AGENC