The herald., 1920-04-15
CHARTER.

Cook, James T. Flynn. William II. Flynn,
Walter j. Jung. Joseph Delery, with
Michael j. Crowley as President, Marion
J. Epley as Vice President. James L. Flynn
as Secretary and G.. lie Roy Eastman as
Treasurer They shall hold office until
their successors are duly elected and quail
flied. The addresses of the Board are:
Michael j. Crowley. Il broadway, New
York City, \. Y; Marion j. Epley, SOo
Hennen building. New Orleans, La; {. lie
Row Eastman. 2l3 West 10th Street, New
York City, y. Y; Edward Eastman. 2l3
West 10th Street, New York city, y. Y;
Fred Cook, 80 Gravier Street, New Or
leans Ia: James +. Flynn, IBIS Prytana
street New Orleans. La: William H.
Flynn 1890 Jackson Avenue. New Orleans.
La: Walter J. Jung. 2iOl MarengO street,
New Orleans. Lat. and Joseph Delery, 500
Hcnnen Building. New Orleans. La.
ARTICLE VII.-The Board Of Directors
shall have power 40 make and establish.
AS we'll as alter and amend, all bylaws,
rules and regulations necessary and prop
or for the support and management Of the
affairs and business Of the corporation and
not Inconsistent with its charter. The
Board shall have power. without referring
to the stockholders to borrow money, eX-
Ccutc mortgages, and issue notes, pledges.
bonds or other obligations in such
amounts and on such terms as in their
Judgment may be advantageous, and gen
orally to do all things reasonably neceS-
Sary or convenient for the proper carry
ing on of the business Of the corporation
and they are especially authorized to issue
and deliver fun paid shares of stock and
bonds or obligations of the company in
payment of property acquired by said cor
pOration, and especially for the forty
eight leases on property now held by
James f. Flynn in the Parish of CaddO,
state of Louisiana. at the price and sum
| of live hundred thousand dollars.
ARTICLE VIII.-The Board Of Directors
| shall bave the power. by a vote of not
| less than twO-thirds of all Directors. TO
| sell all or any part of the property, NOV
| able and immOvable, belonging to the cor
| poratiOu or to receive in exchange there
| for money or stocks or bonds or other
| obligations of another individual. firm or
! corporation of any character. without re-
/ ferring to the shareholders for power TO
| do so. At any meeting of the Board of
! Directors any Director absent from the
| meeting may be represented by any other
| Director who may cast the vote Of said
| absent Director according to the written
| Instructions of said absent Director.
| ARTICLE IX-This act of incOrpora-
| ton may be modified. changed or altered
| or amended or this corporation may b.
! dissolved. in the manner provided by law
| by wO-thirdS vote Of the entire out
| standing capital stock present or repre-
| scented nj a general meeting of the stock
| holders convened for such purpose, after
| previous notice shall have been given il
| the maun'r above required 20 be given OF
|
| The CaDital stock of the corporation may
| be increased or decreased by proceedings
| in accordance with the laws of the State
| of Louisiana.
ARTICLE N.-If this corporation shall
| be dissolved, either by limitation or from
| any other cause its affairs shall be liqui,
| dated by three commissioners to be APP
| pointed at meeting OF stockholders con,
| rcned for the purpose of liquidation. and
| TO be elected by a majority vote Of the
/ holders NJ ~
| shall remain in Office until the affairs OF
| said corporation shall have been fully set
| tied and liquidated. and they shall hav,
full power and authority to transfer and
| give title to all the property and assets
| of the corporation, and to distribute tn,
| proceeds. In case of death. disability OF
| resignation OF one or more liquidatorS, tn.
vacancy shall be filled by the survivor
! or survivors.
ARTICLE XI-There is annexed hereto
an accurate, detailed and itemized descrip
| ton of certain leases which are to b,
conveyed to the corporation i'm payment o
certain subscriptions for 900. 900 shares o
its capital stock. showing the amount 10
cation. extent, character, together with
statement of the value of same as an
| praised by the directors of this CORPORA
ton. And in order that this charter ma,
| serve rs the original subscription list III
| subscribers hereto have indicated OppO
site their respective signatures the mum
Der of shares of stock subscribed for b.
| td'n OF them.
Thus done and passed in nv office a
the city Of New Orleans. Louisiana, on tn
day. month and year first above writer
in the presence Of John Young and Their
eSa SWEET, competent witnesses who hay
hereuntO subscribed their names togetbc
with me, notary, and said appearrrs. al
ter due reading of the whole
toriginal Signed)
Namesof subscribers omitted
| Witnesses:
John Young.
Theresa SWEET.
OSCAR SCHREIHER,
Notary Public
], the undersigned, Recorder of Mort
cages, in and for the Parish of Orlean.
, State of Louisiana, do hereby certify tina
the above and foregoing Act of Incorpor
alton of the Great Northwestern Oil an
Refining Company, Inv, was this day dull
recorded in my office, in Book 1928
| folio
New Orleans March 4. 1920.
| (Signed) EMILE j. LEONARD, by. Il.
lSeal)
4 true copy. OSCAR SCHREIBER,
? Mich 1S-Apr % Notary Public.