The herald., 1917-10-11


Be it known. That on this 3rd day OF
September, in the year OF our Lord, one
thousand nine hundred and seventeen, be.
tore me, Oscar SChre Der, a notary public in
and for the Parish OF Orleans, State OF
LOUISIANA, duly commissioned and qualified,
and IN the presence OF the witnesses here
matter named and undersigned, personally
came and appeared:
The several persons whose names are here
matter subscribed, OF the full age OF ma.
yoTi;y, who declared to me that availing
themselves of the laws of this state relative
o the organization OF corporations, partIc-
ularly Act No. 2o7 OF 1914, page 52l Of the
legislative acts Of this State they have
soyenanted and agreed and by these pres
cntS do covenant and agree for themselves
and their successors and assigns to form
themselves into a corporation and body pol
TIC IN law, Tor the objects and purposes, and
under the s;lpula;Ions hereinafter set forth,
to-wIt:
Article 1.-The name and title Of the cor.
psra,ion shall be Phoenix Drilling Company,
Incorporated, and under such title II shall
awe and enjoy succession and existence for
! period OF ninety nine years from date here
ii 1t shall have the power and authority
. contract, sue and be sued, and make and
Ise corporate seal, the SANE 10 break and
alter at pleasure; 70 hold, 10 purchase, lease,
sell, mortgage, hypothecate or pledge, prop
.rty real, personal, OF mlved, necessary, IN
-4ltDtdl or proper Tor the carrying on OF us
business, and, TO tina: end, 20 further mort
gage all oil or mineral leases, grants OF CON
tracts held by II, together with all buildings,
constructions and Improvements placed and
.rectcd on said lands. or 10 be placed or
.rected thereon, well as 20 issue bonds
secured by such mortgages, such bonds 10
e issued in such amounts, al such rate OF
interest, and % run Tor such length Of time,
not exceeding the term OF said leases, as
said leases or guarantees may determine,
% buy and 70 hold stock in any other com
pany Or companies that may assist this com
amy IN is objects and purposes; 10 make
and issue notes and certificates Of indebted
res,; 10 name, elect and appoint managers,
directors and clerks or other employees 10
properly conduct is corporate business, and
% make and establish such bylaws, rules
md regulations as may be found necessary,
n desirable. for the management OF the bus
ness and affairs OF the corporation, and gen
,rally % do all and every other act, matter
" thing. necessary for the complete and
proper carrying out Of said business
Article 2.-Ihe domlcile OF the corporation
4 Orleans, State Of Louisiana, where al!
citations and other legal process shall be
served upon the president. or, in his alb
serce. upon :he vice presiden:
Article 3.-The objects and purposes for
which this corporation is organized. and the
nature OF the business 10 be carried on by
il. and stated are declared 10 be follows:
First: To prospect, bore and drill Tor, and
sroduce oil, gas, sulphur and other miner
ais: TO purchase lands or otherwise acquire
'ands believed 20 contain oil, gas, sulphur
and other minerals; TO erect and maintain
thereon drills, pumping stations, reservoirs,
tanks, pipe lines, and other facilities and
convenienCes that Dsy be necessary or re-
luired in and TO the business.
Second: To build, construct, lease, pur-
chase. or otherwise acquire. buildings, ma
chjnery and other apparatus for refining,
smelling, manufacturing, Or otherwise work
ing mp the products OF mineral lands, either
produced by this corporation, or other per
sons or corporations, and 70 refine, smelt,
manufacture. otherwise work up the by
products Of said minerals, and 20 operate the
said plant and market the products or by"
products as manufactured to the best ad
vantage.
Third: Ts carry on such other bushes.
pertaining to the aforedescribed purposes as
may be found necessary or desirable, OF
such as Is generally engaged in by a cor
| poration of this kind.
Article 4-The capital stock of this cor
| Doration IS hereby hxed at the sum Of
twenty-five thousand three hundred anC
hirty-one hundred and ninety-four G,lA
shares, Of par value of seven dollars 600
ZACH, 10 be paid for in cash., or its equiva
ent in property. No certificate of stool
| hall be issued and delivered unless it il
| ully paid for, or for property purchased o
| eased; no stockholder shall ever be helC
| liable or responsible for the faults, contracts
| r debts. OF this corporation IN any furthe
| -um than the unpaid balance due the cor
| ,oratIen the shares OF stock subscribed
Or by him; nor shall any mere informally
| the organization have the effect Of rem
lering this charter null, or Of exposing
! hareholder to any liability whatsoever; no
| hall the stock he subjected 10 assessment
| The corporation may begin business and b
| I going concern as as eleven thousand
| NE hundred and sixty-nine dollars OF th'
| apitai stock shall have been subscribed ant
| ,ad for.
Article s.-All of the corporate. powers o
| his corporation shall be vested in and ex
| ,rcised by board Of directors to be com
| ,osed of three stockholders, which numbe
| nay be increased by the stockholders at
| General meeting for that purpose up 70 nj
| cen members, a majority OF whom shall
| ,onstitute a quorum for the transaction o
| business. Until the second Monday OF Jan
| nary, 1918. the following named persons shall
| constitute the board OF directors OF this cor
| poration, to-vit:
NJ J. Epley, c NJ. ouin and Albert NJ
| Andrews.
Thereafter. the directors shall be electe
| annually on the second Monday. of Januar
| If each year All elections for director
| shall be by ballot, and each stockholde
| shall be entitled to vote for each shar
Of stock standing in his name on the BOOK
of the corporation, this vote % be cast
| person, or by proxy, and it shall require
| majority of stock present or represented, I
elect The failure 10 elect the board
directors on the second Monday in January
| or annually. thereafter. shall rot work IN
forfeiture of this charter, but the old boar
Of directors shall remain until their success
sors are elected and qualified.
Article 6.-The board of directors shall hol
regular meetings al stated intervals az sue
| times as shall be fixed in the bylaws {
he corporation. These meetings shall o
held al the domicile of the corporation, or
he president may call special meetings
| he board of directors al such times as
| NAV deem advisable, and he shall be n
, uuired 10 call such special meetings wher
-yer requested to do so by a majority
| the members Of the board OF directors. Ihrs
iays notice of such special meetings sha
be given in writing 10 the directors unle:
4 waiver of notice is signed by the director
ANY vacancy occurring on the board, eith'
| from death. resignation, or inability 70 serv
shall be filled by the board OF director
The first board Of directors OF this corpor
ion shall be required to draft sultao
: set of bylaws for the government OF tn
corporation. which may be altered. amend'
c VI changed, as the exigencies OF the san
> may require.
Article The officers OF this corporatiC
shall consist OF 4 president, hrst vice-pre
: dent and any additional number of vic
presidents as the board may see mt to specii
n the bylaws, and secretary and trea
I rrer. all Of whom shall be stockholders ar
r members OF the board Of directors. INT
he board of directors TO be elected on Il
second Monday in January, 1918, shall othe
wise eelct. the following named person
shall constitute the officers OF this corpor
{ ion: NJ J. Epley, as president, whose a
| - : iIs Ca-o,deIet ST New Orlean