Abbeville progress. (Abbeville, Vermilion Parish, La.) 1913-1944, 1917-08-04
CHARTER
OF THE
BELLE ISLE OIL COMPANY, INC.
United States of America.
State of Louisiana,
Parish of Vermilion.
-OF THE

BE IT KNOWN, That on this, the
18th day of May, in the year of Our
Lord, One Thousand Nine Hundred and
Seventeen, before me, Raphael J. La
Bauye, a Notary Public in and for the
Parish of Vermilion, State Of Louisi-
ana, duly commissioned and qualified,
and in the presence of the witnesses
! hereinafter named and undersigned.
Personally came and appeared before
me the several persons whose names
are hereto subscribed, who scvcrally
declared that, availing themselves of
the provisions of the laws OF the state
of Louisiana relative to the organization
Of interpretations, they have contracted
and agreed and do by these presents,
covenant and agree, bind and obligate
| themselves, as well as such other per
sons as may hereafter become assJciat
ed with them, and their successors, TO
/ form and constitute a corporation and
body polite in law, for the objects and
purposes and under the agreements and
sJipulations following, to-wit:
ARTICLE I.
The name and title of the Corpora
| ton shall be the BELLE ISLE OIL
COMPANY, INC, and under said name
it shall have and enjoy all the rights,
powers and privileges granted by the
| law to Corporations; and it shall exist
for period of ninety-nine years from
and after the date hereof, unless soon
er dissolved in the manner hereinafter
provided for. 1t shall have the power
to contract, sue and be sued; to make
and use a corporate seal and the same
to break and alter at pleasure; to hold,
receive, purchase and convey, as well
as mortgage, hypothecate and pledge
property, both real and personal, issu-
ing negotiable bonds and notes, to
name and appoint such managers, di-
reetors, officers 49, ents and other
employees as it's Est and conven-
fence may require and to make and
establish such bylaws, rules and regu-
lations for the proper management and
regulations of the business Of said
corporation as mey be necessary and
proper and the same to alter and
amend at pleasure.
ARTICLE II.
The domicile of said corporation
shall be in the Town of Abbevine,
Parish Of Vermilion, State of Louisi-
ana, and all citations or other legal
process shall be served upon the pres
ident, or in the event Of his absence
from said Parish, then upon the Vice
President.
ARTICLE III.
The objects and purposes for which
this corporation is organized are said
to be: The purchase, receive, hold,
lease, or otherwise acquire mines, min
erals, lands, mining rights, claims and
privileges or real estate, in the State
of Louisiana or elsewhere, and to pros
pect, explore, examine, test, and de-
velop, work, open, or in any manner
use or turn same to advantage; to
prospect and search for natural gas or
oil, petroleum, coal, salt, sulphur, or
other minerals or elements of use or
value; to investigate, examine and test
lands and localities where same are
supposed to exist and to drill, bore,
dig, or put down such wells, pits, or
shafts, as may be deemed expedient
for that purpose; to mine, dig, blast,
excavate, pump or otherwise obtain
or procure natural gas, oil, petroleum,
coal salt, sulphur, or other mineral sub
stances Of use or value and to prepare,
purify, refine, manufacture, transport,
convey, store, warehouse, sell, or other
wise dispose Of same; to build, erect,
make repair, maintain, and operate any
building, pump, machinery, apparatus,
work, railroad, tramways, boats, bargcs
canals, levees, reservoirs, pipelines,
tanks, or other things that MAJ be
necessary to accomplish and carry on
the objects and purposes herein set
forth; and in general to do any act or
thing necessary, convenient, or Incl
dental TO the accomplishment Of said
objects and purposes.
ARTICLE ".
The Capital Stock of this Corpora
tioa is hereby fixed at the sum OF FIFTY
Thousand Dollars, represented b. five
thousand shares of the par value CT
Ten Dollars each, which capital stock
nag be increased or decreased in the
manner provided by the laws Of the
State of Louisiana. This corporation
shall be going concern as soon az
Twenty-Five thousand Dollars of the
capital stock is subscribed, and fifty
per cent Of the subscribed stock paid
in. This stock shall be paid for in
cash or its equivalent IN personal OF
real property received, services reader
ed, or labor performed, in such manner
and on such terms as may be fixed by
the Board e Directors; but no Ccrtif-
cate shall be issued for said stock
rntil The same has been paid Tor. At