New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1920-10-30
CHARTER OF
Macmillan Oil Co., Inc.
State of Louisiana. Parish of Iberia.

fore me, J. G. Leblanc, a Notary Publ,
in and for the said Parish and State
personally came and appeared John A
Madden, W. H. BONN, E S. Fulton, (
w. Scully, H. H. Collins, Emile Vuille
mot and s. o. Nuckolls, each of WHOM
declared unto me in the presence of tn,
hereinafter named and undersignef
competent witnesses, that availing them
selves of the provisions of Act No. 261
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 dc
| hereby form themselves into and consti-
tute body polite in law and adopt the
| following articles as a Charter to gov
ern themselves and such others as may
become associated with or succeed them.
ARTICLE /.
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 ths
State of Louisiana, for a period of Ninety
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 tn.
purpose of discovering oil, gas or other
minerals; to operate oil, gas or other
mineral wells or mines; to engage in .he
buying 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
inabove 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
(S100,00000) 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 in
such manner as the Board of Directors
may deem to be to the best interest of
this said corporation.
ARTICLE w.
The corporate powers of this corpora
ton shall be vested in and exercised BY |
a Board of Directors composed of Seven |
~ stockholders, which Board shall be |
elected at its annual meeting of stock |
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 |
irst annual meeting of said stockholders, !,
he Directors of this corporation are
hereby declared to be: John A. Madden,
W. H. BONN, E. w. Scully, E. s. Fulton,
4. H. Collins, Emile Vuillemot and S. 0. |
1uckolls.
The officers of this corporation shall be
President, a President, Secretary
nd Treasurer, who shall be elected from l
Imong the Directors on the same day as
he election of Directors, and imme-
lately following the annual election held
~ the stockholders, until the election to
,e held on the first Tuesday of Septem-
yer 1921, the following shall be the Off
ers of this corporation, E. S. Fulton,
President; w. H. BONN, Vice President;
ohm A. Madden, Secretary Treasurer
Any vacancy on the Board of Directors
hal De filled by the remaining members
f the Board of Directors for the unex-
fred term. Any vacancy in any office
hall be filled by the Directors for the
nexpired term.
ARTICLE v.
The capital stock of this corporation
lay be increased in accordance with law
D the sum of One Million Dollars,
s., 900, 000.00.)
ARTICLE VI.
No stakeholder of this corporation shalii
YER be held liable or responsible for the
,ntracts or faults of this corporation in
ny further sum than the unpaid balance
ue the corporation upon the stock sub
ribbed for herein; nor shall any mer:
in the organization have the
feet of rendering this Charter null ard
bid, or of exposing a stakeholder to any
ability other than herein provided. I
Thus done and signed in the City OF
lew Iberia, Parish of iberia, State Of
ouisiana, in the presence of Messrs.
v o. Hugonin and r. A. Hugonin, good
1d competent witnesses, who have here
nto signed as such, together with said
opsarers and me, the Undersigned
otary.
Name Address No. of shares.
. S. Fulton, New Iberia ........25
Vuillemot, New Iberia, La. 80. 100
no. A. Madden, New Iberia, La. rs
w. Scully, New Iberia, La. ........25 I
o. Nuckolls, New Iberia, La. Us
!. H. BONN, Jeanerette, La. .......25
H. Collins, New Iberia, La. ......2s {