The Bienville Democrat. [volume] (Arcadia, Bienville Parish, La.) 1912-1980, 1920-02-05
CHARTER
Lummus Oil Company, Incorporated

State OF LOulslana,
Parish Of Bienville.
Be it known and remembered thaE
on this the 5th day Of December A. d.
1919. before me. Bertram F. Earnette'
q Notary Public in and Tor said roF'sn !.
and State, duly commissioned AMI
sworn came and appeared J. N. Lum'
INNS, ], E. Lummus and ]. N. Lummus'
r. all residents Of Miami, Florida,
the said J. f. Lummus being represent
ed herein by ]. N. Lummus VINO ID the
presence of the attesting Legal COM
netent witnesses declared to me, Notary
that, ayailing themselves of the pro.
visions of the laws Of the State OF
louisiana relative to the formation,
organization and establishment OF cor
poratlons, and the operation and man.
agament Of same, they do by this act
and these presents form themselves ana
such other persons as may associate
themselves with them,or succeed, ihto
O corporation, under the name ana
terms and for the purposes hereihl
after set forth In the various articles
ARTICLEl
pha name of this corporation shall
be LUMMUS OIL COMPANY IN
.CORpORATED. with its domicile In
the Town Of Arcadia, Blenvllle Parish
Louisiana, where all meetings or the
stockholders shall be held and
where Oil meetings "a .no
directors must be held, provided that
with the written consent of all the
directors, valid meetings OF the d.
rectors may be held outside OF the
State or within the State elsewhere
than at its domicile, and under It's
corporate name 1t shall have and en-
ioy succession for one hundred years,
unless sooner dissolved as herein pro-
yided, or other wise. All legal pro-
cess shall be served on the President
or In his absence, on the Vice Pres
ident, or In the absence Of both, on
the Secretary and Treasurer at the
Office of the Company.
ARTICLE IL
The purpose for which this cor
pOration Is formed and Its objects are
hereby declared to be to acquire, own
and dispose Of real estate, oil, gas and
mineral lands and leases; and oil
kinds Of personal property; to acquire,
and own drilling rigs and machinery
and operate same as 1t may see fit
to acquire, own and operate pipe lines
and tank lines and cars for the pur-
pose of transmitting any and all kinds
Of minerals; to acquire, build and
operate machinery and refiaesles Of
any and all kinds, and generally to
do and perform any and every act nee
essary to carry out the purposes herein
provided for or that may be incidental
thereto.
ARTICLN III.
The capital stock Of this corporation
10 fixed at One Hundred Thousand
($1OO0OO.OO) Dollars, divided Into
one thousand (1,000) shares Of the
par value Of one hundred ($1OOW)
each, which may be paid for In cash.
property transferred to the corporation,
or for services performed for 1t at a
valuation to be approved by Its board
of directors, and all stock. when Is
sued, shall b. fully paid and non-as-
sessable. The corporation shall begin
business when Six Hundred Shares are
subscribed and paid for In accordance
with law. This corporation shall
have authority to increase its Capital
Stock, on complying with the law re.
lative thereto to an amount not ex.
ceeding One Million ($1,OOA0OoO0)
Dollars.
ARTICLE w..
The affairs Of this corporation shall
be managed by and be under control
Of a Board of not less than Three nor
more than Five Directors who shall
be elected by and from among the
Stockholders at the annual stool
holders meeting which shall be held
on the first Monday Of July Of each
year, beginning with the year 1921
The following stockholders shall com
pose thefirst Board Of Directors, to-
wit: J. n Lummus, who shall act a.
Chairman. ]. N. Lummua il. wht
shall act az Secretary and J. a Lum
mus who shall hold Office and COMPOSE
said Board till their successors ar.
elected.
ARTICLE v,
The officers Of this corp0Fationshal
be a President q Vice President, 8
Secretary and a Treasurer. The Sec
rotary may also hold the Office Of
Treasurer, They shall be elected an;
nually on the first Monday of Feb
ruary, beginning with the year 1921
by the Board OF Directors elected or
said day by the stockholders, which
Board shall Immediately organize and
elect said officers.
The first officers Of this corporation
shall be ]. N. Lummus, President ]. Z
Lummus, Vice President and ]. N
Lummus, Jr. Secretary and Treasurer
Who shall hold said offices until theil
successors are elected as hereinaboys
provided and according 10 law.
ARTICLE vi.
Meetings Of the stockholders and OF
the Board Of Directors may be hell
90 often as the needs Of the bushes.
may require, provided that for Stock
holders meetings written notice shall
be mailed to each stockholdes, ct hL
last known Post Once address or tina
shown BY the charter, at least fisteel
days before said meeting Is held, ant
Sor meetings Of the Board Of Directors
written notice shall be given to eacl
Ut least "A hours before sai.
meeting Is heidi provided that by con
sent Of the Board this notice may b
waived.
ARTICLE VII.
No infofmality In the formation O
this corporation shall have the eftec
Of annulling this charter, nor an!