New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1920-11-06
CHARTER OF
m aximiIIian Oil Co., Inc.


September in the year of Our Lord, Cae
Thousand Nine Hundred and Twenty, 5e-
fore me, J. G. Leblanc, a Notary Public
in and for the said Parish and State,
personally came and appeared John A
Madden, W. H. BONN, E. S. Fulton, Z
w. Scully, H H. Collins, Emile Willie
mot and S. o. Nuckolls, each of whom
! declared unto me in the presence of the
! hereinafter named and undersigned
competent witnesses, that awaiting them
selves of the provisions of Act No. 267
of the General Assembly of the State Of
Louisiana for the year 1914, as well as
| the laws of the State in general relative
| to the creation of corporations, they DO
hereby form themselves into and consti
tute body polite in law and adopt TIE
following articles as a Charter to gov
ern themselves and such others as may
! become associated with or succeed them.
ARTICLE I.
The name and title of this corporation
shall be the MAMMALIAN Oil Company,
Incorporated under which name and title
it shall enjoy a succession of property
and all rights privileges and immunities
granted by law unto corporations in the
State of Louisiana, for a period of Ninsty
Nine years from date hereof. The DOM
icicle of this corporation is fixed in the
City of New Iberia, Parish of Iberia,
State of Louisiana.
ARTICLE II.
The purpose for which this corporation
is organized and the nature of the bust
ness to be carried on by It are declared
to be: To undertake exploration for the
purpose of discovering oil, gas or other
minerals; to operate oil, gas or other
mineral wells or mines; to engage in The
Juying and selling of oil, gas or other
minerals; to acquire, construct and ope-
rate pipe lines, tramways, storage plants,
barge lines, loading stations and all
things connected with or appertaining to
the production storage, sale, disposal and
transportation of oil, gas or other min
erals, with authority to acquire by pur-
chase, lease or otherwise such franchises
as may be necessary for or connected
with the conduct of the business here
insbove outlined and generally to do all
things, necessary or incident to or con-
nected with said business in any of its
departments.
ARTICLE III.
The capital stock of this corporation is
fixed at One Hundred Thousand Dollars
(S100,0000O) divided into and represented
by One Hundred Thousand 100000
shares of the par value of One Dollar
each. This corporation shall be au-
thorizsd to commence business as soon
as Fifty Thousand Dollars ($50,000) OF
its capital stock shall have been sub
scribed and paid for. The remaining
portion of the authorized capital stock
may be issued from time to time and IL
such manner as the Board of Directors
may deem TO be to the best interest Of
this said corporation.
ARTICLE ".
The corporate powers of this corpora
ton shall be vested in and exercised by
a Board of Directors composed of Seven
(7) stockholders, which Board shall be
elected at its annual meeting of stock
holders of said corporation to be held on
the First Tuesday of September of each
year. The first annual meeting of the
said stockholders to be held on the first
Tuesday of September 1921. Until the
first annual meeting of said stockholders,
the Directors of this corporation are
hereby declared to be: John A. Madden, |
W. H BONN, E. w. Scully, E. S. Fulton, |
H. H. Collins, Emile Vuillemot and S. Q. |
Nuckolls.
The officers of this corporation shall be |
a President, Vice President, Secretary |
and Treasurer, who shall be elected from
among the Directors on the same day as
the election of Directors, and imme-
distely following the annual election held /
by the stockholders, until the election to
be held on the first Tuesday of Septem-
Der 1921, the following shall be the Off
GERS of this corporation, E. S. Fulton,
President; W. H. BONN, Vice President;
John A. Madden, Secretary Treasurer.
Any vacancy on the Board of Directors
shall be filled by the remaining members
of the Board of Directors for the unex
pired term. Any vacancy in any office
shall be filled by the Directors for the
unexpired term.
ARTICLE V.
The capital stock of this corporation
may be increased in accordance with law
to the sum of One Million Dollars,
($1, 600 100000
ARTICLE VI.
No stakeholder of this corporation shall
ever be held liable or responsible for the
contracts or faults of this corporation in
my further sum than the unpaid balance
due the corporation upon the stock sub
scribed for herein; nor shall any mere
in the organization have the
effect of rendering this Charter null and
void, or of exposing stakeholder to any
liability other than herein provided. =,
Thus done and signed in the City OF
New Iberia, Parish of Iberia, State Of
Louisiana, in the presence of Messrs.
w. O. Hugonin and R A. Hugonin, good
ind competent witnesses, who have here
INTO signed as such, together with said
lppsarers and me, the undersigned
Notary.
Name Address No. of shares.