The herald. [volume] (New Orleans, La.) 1905-1953, 1920-04-22
CHARTER.
ION shall be the Great Northwest

ARTICLE 1.-THE objects and purposes
for which this corporation Is orSahlzed are
hereby declared to be:
(n) To refine, market and dlstrlbute
crude oil or petroleum, and all Oh It's
products; to locate, purchase lease VI
otherwise acquire and to SELL mor.gaSe
or otherwise dispose of lands cohlai iI
or believed to contain petroieuni' IA 20
natural gas or either OF them, anu "
drill or prospect for or produce the SAINT
to purchase, lease or otherwise aTqui.'
and to sell, mortgage or otherwise uiSPoS
Of developed or producing OIL anu
properties or the products OF such OH Vi
gas properties: to purchase, prOuuCe, re,
fine sell and distribute petroleum anu an
of the products and by-prOducts thereol
to buy. sell or otherwise dispose vi, auu
manufacture all kinds of ilumlhalns'
burning and heating oils, and gaSoiihe,
naptha lubricants, greaseS, wakes anu al
other products and by-products OF pc
troleum; TO act as DroAer OF "s'"' A0'
others in all of said acts
Dbl To carry on the business OF stor-
ing drilling or prospecting Tor: hihlnS'
producing, refining, manufacturhS' plpI
ing, buying and selling petroleum hat !i
ana nrtidciaI gas, casing head gasoline
naphta, and any aud all other prouuC'S
and by-products thereof. -,
(,1 TO acquire own, enter or lease
mines and mineral lands of every KIND.
nature and description; also 10 acquire,
own, enter, lease, sell assign, iransler or
otherwise dispose OF mill SITES WATER
rights and terminal facilities; TO Work;
prospect or develop mines ana mineral
lands of every nature or description either
for itself or other companies, corporations
or individuals, upon such terms anu loI
such remuneration as il shall deem nj anu
proper and to accept, take and hold MN
pral lands and claims of every klnd ana
nature. either as an entirety or any por-
| ton thereof.
! Cd) To build construct, equip. main
| tain own. control lease or otherwise ac-
| nd RI 10
! tank cars. pipes and pipe lines compress
| sOrs. separating plants, rehnerles, Dulid-
| ingS and warehouses, ana the necessary
| fixtures and equipment thereunto obtain
| ing and other and all means of refining
storing saving. conveying, transporting.
| exporting or marketing petroleum, oil ana
| gas, or the crude or refined products OF
| either; and to do any and all other acts
| and things necessary rs broker or agent
| in the marketing or sale of petroleum pro-
ducts, property or its allied lines.
| (rb To acquire, OWL and operate Such
| machinery, apparatus and appliances as
| may be necessary, proper or incidental
| TO the mining, production and develop
| meut of lands for petroleum oil. natural
| gas and other minerals, or for any OF the
purposes for which this corporation Is or
| gained.
m To manufacture, erect. build fur
| nish construct hold. own, operate, export,
| import, lease, rent, hire, buy, sell and gen
| orally deal in as principal, agent or fac
| products gas. gasoline, explosive, steam
| and all other kinds of engines, all kinds or
| dynamoS. generators, pumps and any ana
| all kinds of mechanical apparatus LOT
| whatever purpose employed.
| 90 To contract for, build, buy, sell,
own and operate all necessary mills. smell
tiers. roads. railroads. spur tracks, tram
| ways, loading racks, dltches, TUNES,
| pumps pumping plants of any kind or
| kinds whatsoever. casing head gas plants
| and compressOrs for the purpose OF con-
yerting casing head gas into gasoline or
| other products and such other property
| as shall be hit and necessary in carrying
| out the objects herein stated.
| ;h) To manufacture. purchase OF
otherwise acquire, own, mortgage, pledge
sell, assign and transfer, or otherwise dis
pose of. 10 invest, trade. deal in and deal
with. goods. wares and merchandise and
real and personal property of every class
and description.
ID To acquire. and pay for in cash
| stock or bonds of this corporation oil
| otherwise. the good will, rights, assets
and property. and TO undertake or as
sumo the whole or any part of the obliga
tions or liabilities of any person, firm, as
sOCiatiOn or corporation.
CD To acquire, hold, use, sell, assign
lease, grant licenses in respect of, mort
gage. or otherwise dispose of letters paten
| of the United States or any foreign coun
try. patent rights. licenses and privileges
| Inventions improvements and processes
copyrights trade marks and trade names
relating to or useful in connection will
!, any business of this corporation.
~ To guarantee, purchase. hold, sell
assign. transfer mortgage pledge or other
| wise dispose of shares of the capital stOci
: of. or any bonds. securities or evidence o
Indebtedness created by any other corpor
alton or corporations organized under tn
, laws of this State or any other State
, country. nation or government. and Will
the owner thereof to exercise all the rights
powers and privileges of ownership.
IN To issue bonds. debentures or OBJ
legations of this corporation from time {
time. for any of the objects or purposes o
the corporation. and to secure the same b.
mortgage pledge, deed of trust, or other
? wise.
l (m) To purchase, hold. sell and trans
= fer the shares of its own capital stock
e provided it shall not use its funds o
2 | property or the purchase of its ow
e shares of capital stock when such us
would cause any impairment of Its cap
2 ital; and provided further that shares o
| it's own capital stock belonging to
! shall not be voted upon directly or indi
/ rectly.
: (nj To have one or more Offices, t
: | carry on all or any of its operations an
!. business and without restriction or limi
5 as to amount to purchase or otherwise nc
r quire hold, own, mortgage, sell, conve!
r or otherwise dispose of real and person;
? | property of every class and description
. any of the States, districts. territories Q
. colonies of the United States, and in an
| and all foreign countries, subject TO IN
laws of such State, district, territory GO
: | ony or country.
(o) In general, to carry on any otht
business in connection with the foregoing
: whether manufacturing or otherwise, an
!, to have and exercise all the powers col
II ferred by the laws of Louisiana upon 60
=, | poratiOns formed under the act herein
u after referred to, and to do any or all
: the things hereinbefore set forth to Il
|" same extent as natural persons might (
could do.
/ (p) The foregoing clauses shall be col
e strued both as objects and powers; an
> il is hereby expressly provided that Il
I foregoing enumeration Of specific powe
shall not be held to limit or restrict
any manner the powers of this corpor
e ton.
ARTICLE III-The amount of the cap
tai stock of this corporation is heret
fixed at one million dollars, represents
by 100000 shares Of stock at the p
value of one dollar each. Said stock shs
be paid for in cash, or given at par
payment for property actually receive
$. by said corporation. The shares of sto'
it shall be transferable only on the books
le the corporation and must be signed
r the President or Vice President and q
Y | Secretary, and no transfer of stock sh'
o be binding or have any effect upon tn
v. CORPORATION, unless and until made up'
- the books. No stockhelder shall be lab
for any further sum than the amount
his subscription, the capital stock OF In
corporation may be increased to two m
= lion dollars, or any portion thereof.
J. ARTICLE Iv.-The domicile of this CO
poration shall be in the City of New q
leans State of Louisiana. All citatio
ar other legal process shall be served