The herald. [volume] (New Orleans, La.) 1905-1953, 1919-10-16
WATTS +

D h. LEvg,,.
G. Not
Sep. ID,
Is MIR vi INCoRpOR,,,.
DRILLING co, iHSl l
United States of An
.,l4na CITY of New .rl'I Gi, Sa,
orleans. BE il tr e% orleans 4
ia n.,' on j.. this hi, 1st day c Of 4, ~
Hundred and Njp@,ooo.ne Ttogs.
tin II. Nauion, a Notsrnu ' p Beto'e n
. commissioned and " 'aE Public a,
Parish and State sSo,at ia a
ua'He aud appeared tSs "a
names are hereunto s ,Ie pefs0a
cared that, availing subscribed n
PROV roy. i2Ions of the laws suT J, !.
Louisiana, and more 6,, ~ IL
40. 20 of the General 'I,,cahit
/ state OF Louisiana for ~ u, asseaSI
nave, ,'aNr r ,,s'n aud agreed uy 5''i !,
mes presents, covenant ssa.
ana constitute themselves as'te h
persons who may here,, ,, ss vi
come associated with M. tr l0h L
ration and body polite N in mo
J"riS ana purposes and nay aaS To- s
i"eHtS and stipulations t sIHsi D
ARTICLE THE mama =,
ra'ioh shall be Gulf hin. u
ana under that name n otnn : q u
JOY all rights, ADVANTAGES i, .I lah
-rahted by law to cOrpor,, saa
exist Tor a period of nin. avA
from date hereof, unless soslu-AA
II Shall have power and I sUts IN
ana be sued in its cOrpO,a,s
max" and use a corpors ss'' " u
break and alter the Ssms =. "a
hold, receive, purchase Coz p'a',
ana hypothecate real, persons \ "a
property, to issue bonds po, A.. y =.
ohIlgatlonS; to have and emnIos s y
ayers officers agents and emu NM! "
interest and convenience ~ p,9is,
non may require; and To my nj. y
tahllsh such bylaws rules and 's !.
tor the corporate managensD,, -. :.
troll of the business and 49,
Corporation, as may be depna ma ~
and eNpedient. N
ARTICLE 1.-THE donicils n Al
poratlon shall he in the Civ MN,
leans. State of Louisiana an s,,s
other legal process shall Ia so 49,
PRESIDENT, and in his sbsenc, ~
Secretary or Treasurer. W
ARTICLE III.-The object, Il,
poses for which this Corporation i q
lzed, and the nature Of the hni,,.
carried on by it, shall be 10 d.
drilling and contracting bUsips, y
purchase, own, hold, sell nortrs !
ALLEVIATE receive and otherwise sc,,
dispose of real estate, oil And -
lands, and oil and mineral rights 4, !
other interest in lands in LOui,Y ]
elsewhere, TO buy, sell, erect ON }
or otherwise acquire. and to Ovsss
maintain as principal or as agert J
State, or elsewhere, drilling mts J
machinery appliances, apparatus All
inES of every description lsei. o. al
for use. in the extraction Of GE1
other minerals and for the housl, \
serving handling and trhnspOrtsaa n
same when extracted, all for tAs NJ
its business: to buy sell, or O!lgrs
quire and ALLEVIATE and to ship anvil
import oils. mineral and minen paAl
of all kinds in connection win ii
jects and purposes for which dis ID
ration is organized.
ARTICLE IV.-The capital a0k II
Corporation is fixed at the sun /
Hundred Thousand (sl00.0O0OOD DsInl
vided into One Hundred ThOuant u
of the par value of One Dollar SID
share. This Corporation shall kIz
concern when 100000 Of the capih a
shall have been subscribed. All arr
stock shall be non-assessabk, *
transfer of stock shall be binding IIal
Corporation unless made upon is y
and all certificates of stock shall n y
by the President and the Treasure u
Corporation. The capital stock nj
issued for property purchased b. III
vices rendered to the Corporation
ARTICLE V.-All the eOrpOratp ~
of this Corporation shall be vested 4
the management and control Of y
fairs shall be exercised BY Bsa
Directors composed of not less Ill
stockholders. A majority Of me lin
shall constitute a quorum for tAe u1s
ton of business. The Directors "a
elected annually by ballot, On ID
Tuesday after first Monday Of AAls
each year. Each stakeholder shall I
titled in person or by proxy 70 I W.
every share owned by him, ana
tions shall be held under sueh ~
regulations as may be determines y
Board of Directors, after fifteef ap
tice by mail of intention to hOlo ssn !. ,
ton shall have been sent 70 ean Z
holder at his last known saols.s
Directors thus elected shall coHll.
office until next annual electiol
their successors have been duly slsn !.
qualified. No failure to elect slil u Y
garded as a forfeiture OF "a. - \,
Any vacancy occurring on the boar :. =
by the remaining Directors II, M NJ
pircd term. Said first Board Of "
shall be composed Of: Ofileerr y,
President, William !. Ley
Vice President, Edward J. ba' 81,
tary-Treasurer and Charles ., IN
Said Board of Directors shal ss
right to appoint and dismiss 81. si,' M
ayers, or other employees Of !s ~. ~ y
tion. as conditions may lusIn! ,.., I.
business of the Corporation MAJ w
ARTICLE VINO stOckhOld.s =. ~, y. ,
be held liable or responsible l%
or faults of the Cofp s'..,a
shall any mere inforality ii ns~ .s,rs
have the effct of rendering tnl s. Ci
and void, or Of exposing sIc .S h.
any liability beyond the unP%I Nv
due on the shares owned W
ARTICLE vII.-These Articles s,s. 7 / /
may be changed, moI 10 dSs
tered or this Corporation lll ss9,hSldsrs
with the assent of the stoc.N n, ~
meeting convened iof w.. y.
i'm accordance with law. ~ his 81
solution by the expiration, S o. hi
or otherwise. the stoekholosts tbsr
three liduidators from am anu ,bs bss
hnr to Iiouidate and settle W +, .,
and affairs of the Comp !ss aid 10
INSTABILITY of any one OF tn Nss, ,1 =
,iomers or liquidatOrs, the ss sum, ! .
liouidators shall appVS ,ys =
sor. The subscribers nei tSs,r piSs
lively written opposite c,nn,sno,stS,
rornt Of stock in this ColpV - ID
,ribnd for by each of them, .,sS "
,c t' of incorporation may si''
he original subscriptio9 NV nv Off
rims done and passed IN ~, ~ ds1 J
-ity of New Orleans on .n a.spcs q
.irst above written, in the pnIoTras =
,ueritr G. Stein and olsa a,gued To-
emf witness. who have sis md Ss
ants with said appearer'
Inc reading of the whole o,.. pml
witnesses: NJ. G. Stein ols' ,,sr
Original Signed, wG; !; 1s ~
.oo 'o sbares, sos FOucher. s. ], Man y