The herald. [volume] (New Orleans, La.) 1905-1953, 1920-09-09

United States of America, State of Lou
isiana, Parish of Orleans. he II known
and remembered, that on this md day OF
the month of September. l92O, before me-
Herbert W. Kaiser, Notary Public, duly
commissioned and qualified. in and for
the Parish and State aforesaid, and in the
presence of the witnesses hereinafter
named and undersigned. personally came
and appeared the persons whose names are
hercunto subscribed, who declared that,
aVailing themselves of the provisions OF
the laws of the State Of Louisiana. ana
more particularly of Act No. 2bI or the
General Assembly of the State of Loulsl-
ana for the year 1914. they have covenated
aud agreed and do by these presents
covenant. agree bind and form ana con
Stitute themselves. as well as such per
sons who may hereafter join and become
associated with them. into corpora
ton and body polite in law. for the OBJ
jeCts and purposes and under the agree
ments and StpulatiOnS following, to-wlt
ARTICLE 1.-The name and style OF
this corporation shall be st. Bernard OIL
Co.. Inc and under that name II shall
have and enjoy all the rights, advantages
and privileges granted by law to corpora
tiOns. 1t shall exist for period OF
ninety nine years from date hereof, unless
sooner dissolved; Ii shall have power and
authority to sue and be sued in its cor
pOrate name; to make and use corpor-
ate seal and to break and alter the same
mt pleasure: to hold, receive, mortgage,
convey and hypotheCate real. personal and
mixed property; to have and employ Such
managers, Officers. agents ana employees
as the interest and convenience OF Sald
| corDoration may require: and to make
and establish such laws, rules and regula-
, tons for the corporate management ana
| control Of the business and affairs of the
! corporation. as may be deemed necessary
| and eXpedient.
| ARTICLE 1.-THE domicile of this cor
| pOratiOn shall be the City of New Or
| leans, State of Louisiana. All citation and
| other legal process shall be served upon
! the President, and, in his absence, upon
the Secretary Treasurer.
| ARTICLE II.-The objects and pur
| poses for which this corporation Is or
| ganized. and the nature of the business
| 10. be carried on by 1t are hereby declared
| to be: To conduct and operate 4 whole
| sale and retail oil business; to buy. sell
| and refine gasoline kerosene, lubriCating
| oil and all petroleum products also TO
| do any and all things and acts, and en-
| gage in such other business a. may be
necessary. incidental to or connected with
| the business herein stipulated or cOntem-
| plated in this charter.
| ARTICLE IV.-The capital stock of this
corporation is hereby fixed at the sum of
| SJ0OO0.0O. which capital stock may be in
| creased to the sum Of SJOOOOOOO. Said
capital stock shall be divided into 1000
shares of the par value Of 5000 per share.
| All shares of stock shall be paid for In
cash by the incOrpOratOrS and shall be
non a sSesSahle No transfer of stock
shall DE binding upon the corporation un-
less made upon its books, and all certifi-
, Gates Of stock shall be signed by the
President and the Secretary Treasurer OF
the corporation.
/, ARTICLE V.-No stakeholder of this
r corporation may offer for sale sell. as
sign OF transfer his stock in this corDora.
y | ton without giving to the other stock
: holders thirty days prior notice of suCi
n intention, which notice shall be given il
- writing to the President of the corpora
! ton. and shall by said President be mao,
: known to the Directors of the corporation
: | Immediately, and the other stOckhOlGer
Il shall have the privilege OF purchasin;
r said stock at the book value thereof 70
period of thirty days from the deliver!
Q of said notice TO the President
o ARTICLE VI.-AIl the corporate power
s of this corporation shall be vested in. ant
o the management and control of its bust
: ness and affairs shall be exercised by
d Board OF Directors. composed of fou
h | stockholders, three of them shall consti
v tute a quorum for the transaction of bust
Q ness. The Directors shall be elected an
4 nually by ballot, the first Monday in Feb
= | ruary. The first election shall be in tn
J. year 1922, until which time the followini
d shall constitute the first Board of hi
$ rectors, to-wit: Biagio Rizzo, 11Ol Ara
: bella Street, New Orleans; SimOne Culura
q lIl9 :. Rampant Street. New Orleans
Joseph Z. Paciera, Gretna, La; San
d be held under such rules and regulation
as may be determined by the Board o
n Directors. hut after ten days notice of sucl
. election shall be given to each stockholde
c by mail, sent to his last known address
! or by publication for at least three time
in ten days preceding such election in on
of the daily English newspapers in New
Orleans. No failure to hold an election
shall be held as a forfeiture of this char
= ter. Any vacancy in the Board of Direc
tors shall be filed by the remaining Di
rectors by appointing some stakeholder I,
serve for the unexpired term.
The first Board of Directors shall con
stst of Biagio RizZo. 1101 Aeabella Street
: New Orleans; Sam Cerniglia, Simone Col
lura and Joseph 7. Paciera, with Biagi,
Rizzo as President; Sam Cerniglia. Vice
President,and Joseph p. Paciera. Score
tary-Treasurer, who shall serve until theii
! their successors have been elected ant
qualified.
ARTICLE Vino stakeholder shall
ever be held liable or responsible for the
contracts, faults or debts of this corpora
ton, nor shall any mere informality in It's
organization have the effect of rendering
this charter null and void or of exposing
stockholder to any liability beyond the