The herald. [volume] (New Orleans, La.) 1905-1953, 1917-10-04


BE it known, That on this 3rd day OF
September, IN the wear OF our Lord one
thousand nine hundred and seventeen, be.
tore me, Oscar Schneider, 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.
5oTiiy, who declared 70 ne that availing
themselves Of the laws OF this state relative
. the organIzatiyn Of corporations, partsc.
llarly Act No. 20 Of 1914, page 52l OF the
legislative act, OF this State, they have
-yvenantcd and agreed and by these pres.
ents do covenant and agree Tor themselves
and thr.r successor, and assigns to form
themselves INTO u corporation and body pol
tic IN law, for the objects and purposes, and
under the stpu!a.lous hereinafter set forth
;O-R4t:
Article The name and title Of the cor.
Pora,ipn shall be Phoenix Drilling COMPANY
Incorporated, and under such title II shall
nave aHd ENJOY succession and existence 10,
a period OF ninety years from date here
d. 1t shall have the power and authority
- contract, sue and be sued and make aut
use a corporate seal, the sang 10 break and
alter az pleasure; 20 hold. 10 purchase, lease
SELL mortgage, hyPo:hcca;e or pledge, prop
erty real, personal, OF n'ycd. necessary, in
1dcn'a! or proper FOR the carrying On OF II,
business, and. II that end. 10 further NOR.
gage all OIL or mineral leases. grants or CON
tracts held by II, together with all buildings
construction, and Improvements placed an-
erected on said lands, or - be placed Of
erected thereon, - well a. 10 issue bond.
secured by such mortgage. such bonds &
be issued IN such amounts, at such rate OF
interest, and TO run for such length Of time
not exceeding the term Of said leases, d.
said leases OF guarantees may determine
80 buy and to hold stock in any other com.
pauy or companies that may assist this com
any in its objects and purposes: TO make
and issue notes and certificates VI indebted.
ness; to Name, elect and appoint managers,
directors and clerks or other employees TO
properly conduct it. corporate business, and
20 make and establish such bylaws, rules
and regulations as may be found necessary,
Or desirable, for the management of the bus
ness and affairs Of the corporation, and gen
orally 70 do all and every other act, matter
Dr thing, necessary for the complete and
proper carrying out OF said business.
Article 2-Ihe domICile OF the corporation
shall be in the City OF New Orleans, Parish
Of Orleans. State Of louisiana where all
citations and other legal process shall be
served upon the president. or, in his alb
sence, upon the yice-preSIdent
Article 5.-The objects and purposes for
witch this cooperation l. organized, and the
nature Of the business to he carried on by
H. and stated are declared to be As follows
First: To prospect, bore and drill for. and
produce oil, gas, sulphur and other miner
al,; to purchase lands or otherwise acquire
lands believed to contain oil, gas, sulphur
and other minerals; TO erect and maintain
thereon drills. pumping stations, reservoirs,
tanks, pipe lines, and other facilities and
conveniences tina: may he necessary or re-
quired in and to the business.
Second: To build construct, lease, pur-
chase, or otherwise acquire. buildings. ma
chinery and other apparatus for refining,
smelling, manufacturing. or otherwise work
ing up the products Of mineral lands. either
produced by this corporation. or other per
sons corporations. and to refine, smclt,
manufacture, otherwise work up the by
products Of said minerals. and IN operate the
said plant and market the products or by
products as manufactured to the best al
vantage.
Third: To carry On such other business
pertaining TO the aforedescribed purposes a.
may he found necessary or desirable or
such a l. generally engaged in by cor
poration Of this kind.
Article 4.-The capital stock of this cor
poratinn IS hereby fixed at the sum OF
twenty-five thousand three hundred and
;hirty-one hundred and uinr:y-iour G.l9+,
shares, OF par value oi Scycu dollars (T.c0l
each, to be paid 'or in cash. or it, equiva'
lent in property. No certificate OF stock
shall be issued and delivered unless it is
fully paid for, for property purchased OF
leased: no stOckhrlder shall ever be held
liable or responsible for the faults contracts,
or debts, OF this corporation IN any further
ou." 'Ia" '". "''P",u - L"' i'C
-. ~" Us ~, Iii ~ - ;;rn,aI;t,
~ ~ II..' ~. 49, az a.. -: .
=. NV ~! 49,, Iii ~ - .y,o.;r :,
L,-aS,IIa- =, ANY,, r;,i,;i;, ut,.s,.,.e,. nor
shall the stork lie Subjected 10 assessment.
Tn. cnrpo-ation may begin hu>ine,s and be
going concern a, soon A. eleven thousand
orr hundred and siXty-nipr dollars Of the
,an;taI sfoc[ shall have her, subscribed and
a., Al , t, .,-,,,-,., ,,,,..-- -.
~ 'l III. :. ~ VI -, 49, vi
'".H co o'H'''i' N"a'' '',-SU 80 -
e''NTu ny a "''." ~ H'C'''' - ~, -
?'>ed OF IHIeo S'oN Nhotue'N' H iI ''".'.'N
nay &c ln..eHseG >! 'u' $500. w, -, 80;
'e"o'"- nIo.''s i'' ~, I'LL,
zee" WeI"Doi>, l"' w 49,. -, =.
So"st''u'e W., ~" .O' I' ,t'I, ~ T.,
puslhe 800 Ct't r"e ,s,o.'u no,nSS u III,
u"I ,. 10 ,'Io ~ i; 80" H.; 10
-""Nt !'ute VIC 'oS'" vi "'''''''> u '"'' WI
P"'"'o"' l"."l''
VI J. Eplcy, {. NJ DUN and Albert NJ.
Andrews.
Thereafter. the directors shall he elected
annually on the second Monday OF January
IT each year All elections for directors
shall he by ballot, and each stockholder
of stock standing in his name on the books
OF the corporation, tins vote to be cast IN
person. or by proxy, and II shall require 4
majority Of stock present or represented, To-
elect. The failure 10 elect the board OF
directors on the second Monday III January
or annually. thereafter. shall not work the
forfeiture of this charter. but the old board
sorS are elected and qualified.
,.;-l II. r.rl ~ directors .haU hold