The star-progress. (Opelousas, La.) 1917-1921, 1919-10-25

to form and constitute a body polite
in law, for the objects and purposes
and under the conditions and stipu-
lations contained and set forth in
the following articles, to-wit:
ARTICLE l.
The name, style and title of this
corporation shall be "ST. LANDRY
OIL AND GAS COMPANY, INC"
and it shall exist for full period and
term of ninety-nine 1897 years from
the date hereof, unless sooner dis
solved and 'liquidated as hereinafter
provided for.
ARTICLE II.
The domicile of this Company shall
be in the City of 0pelousas, Parish of
st. Landry, State of Louisiana, and
all citations or other legal process
shall be served upon the President of
said corporation, or in case of his alb
sence or inability to act, upon the
Vice President, and in case of his alb
sence or inability of both the Presi-
dent and Vice President, then upon
the Secretary.
ARTICLE III.
The objects and purposes for which
this corporation is formed, and the
business it is engaged in, are hereby
declared to be: To grant and ac-
quire leases, to buy and sell lands and
leases, to buy, sell, own, and hold
leases of the oil and mineral
rights on lands, to drill for oil, gas
or any other mineral on its own land
or on any land leased or owned or
leased, to build pipe lines tanks, der
ricks, railways, buildings, and to do
any or any other thing or act Incl
dental to or necessary for the opera
ton and growth of this corporation
delineated above. To buy and sell
leases, to buy and sell the oil and
mineral rights on lands and to buy
and sell leases for oil, gas and other
minerals.
ARTICLE Nv.
This corporation may sue and be
sued in its corporate name, and by
and through its President or in his
absence through the Vice President,
who may appear and act in court pro-
ceedings for and on behalf of this
corporation without the necessity of
any further authority from the stock
holders or directors thereof, and
through its President, or by authority
of its Board of Directors this corpor-
alton may buy, sell, hypothecate,
pledge, lease, suitcase, land, lands,
leases, wells, derricks, pipe lines,
tanks, railways, stock and stocks, Sc
curities and other chattels usual to
the business of this corporation,
though this grant of authority shall
~ 49,
the authority of the managing Off
GERS to carry out the ordinary bust
ness of this corporation and to make
contracts respecting the conduct Of
the business for which this corpora
ton has been organized; to borrow
money in furtherance of the objects
and purposes of this corporation, and
to pledge, hypothecate or mortgage,
as security for lein or leins, any of
the property of any kind or descrip-
ton belonging to the corporation, to
accept mortgages to pledge same; TO
make and use a corporate seal and
the same to break or alter at pleas
ure; to name and appoint such man.
ayers, directors, officers, agents,
clerks and assistants as the interests
or convenience of said corporation
may require.
ARTICLE v.
The capital stock of this corpora
tion is hereby fixed at Fifty Thou
sand ($5O,0OO.OO) Dollars, repre-
sented by Five Hundred (500) shares
Of the par value of One Hundred Dol
lars ($1OO.00) each, to be paid for
in cash or for property, leases, labor
or services rendered to said corpora
ton, and on such terms and condi-
tons as the Board Of Directors may
deem proper and in conformity with
the laws of the State Of Louisiana,
governing the organization of cOrpor-
atoms. This corporation shall com.
mence business as soon as Twenty
five Thousand 1925, 0OO.00) Dollars
of the stock has been subscribed and
paid either for in cash, or as herein
above provided for.
BY vote of this majority of the
stockholders, the capital stock of this
corporation may be increased to an
amount not exceeding One Hundred
Thousand ($1OO,00O.O0) Dollars.
ARTICLE vi.
The business affairs of this cor
poratlon shall be transacted by and
through Board of Directors consis-
ting of ten (10) or more stockhold-
ers, and to be elected at meeting to
be held for that purpose on the sec
ond Tuesday of the month of Janu-
airy of each year.
The Directors thus elected shall |
serve for one year until their success
ors shall have been duly elected and
qualified. The Board of Directors
shall elect from their number Pres
ident and Vice President, and shall |
choose a Secretary and Treasurer |
who need not be a stakeholder or |
Director, and a majority Of the |
Board shall have the power to fill any |
vacancy occurring in that body or |
among the officers, and to make such |
bylaws, rules and regulations as they !
same at pleasure; to appoint and fix
salaries of all officers, clerks and en-
plOyees and the same to change and |
dismiss at pleasure, though such au-
thority may be conferred upon the
President or Vice President, or both.
ARTICLE VII.
This Act of incorporation may be /
changed, amended and modified or al |
tered, or said corporation may be dis |
oa11ye1 AZ q ev.aes11 y,aaaSivny ~ tho /!