The herald., 1920-10-07
CHARTER.


CHARTER OF ST. BERNARD OIL CO..
United States Of America, State OF Lou
isiana, Parish of Orleans. BE it known
and remembered. that on this End day of
the month of September, 1920, 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
hereuntO subscribed, who declared that,
availing themselves of the provisions of
the laws of the State OF Louisiana, and
more particularly of Act No. POI Of the
General Assembly of the State of LOuisi-
ana for the year 1914, they have coVenated
and agreed, and do by these presents
covenant agree, bind and form and con
stitute themselves, as well as such per
sons who may hereafter join and become
associated with them, into "A corpora
ton and body polite in law, for the OBJ
jects and purposes and under the agree
ments and StipulatiOnS following, tO-wit:
ARTICLE 1.-The name and style Of
this corporation shall be st. Bernard Oil
Co., Inc, and under that name IL snail
have and enjoy all the rights advantages
and privileges granted by law to corpora
lions. 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 a cOrpOr-
ate seal and to break and alter the same
at pleasure; to hold, receive, mortgage.
convey and hypOthecate real, personal and
mixed property; to have and employ such
managers, officers. agents and employees
as the interest and convenience of said
corporation may require; and to make
and establish such laws, rules and regula-
tiofS for the corporate management and
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 III.-The objects and pur-
poses for which this corporation is or
gained, and the nature of the business
to be carried on by it are hereby declared
to be: To conduct and operate a 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 as 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
$JO,OOO.OO, which capital stock may be in
creased to the sum of 5000 100000. 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
non assessable- No transfer of stock
shall be binding upon the corporation I'M
less made upon It's 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
corporation may offer for sale, sell, as
sign or transfer his stock in this corpora
ton without giving to the other stock
holders thirty days prior notice of such
Intention, which notice shall be given in
writing to the President of the corpora
ton, and shall by said President be mace
known to the Directors of the corporation
Immediately, and the other stockholders
shall have the privilege Of purchasing
said stock at the book value thereof. for
period of thirty days from the delivery
or said notice to the President.
ARTICLE VI.-An the corporate powers
OF this corporation shall be vested in and
the management and control of its bust
ness and affairs shall be exercised by a
Board Of Directors, composed of four
stockholders three of them shall consti-
tute a quorum for the transaction of bust
ness. The Directors shall be elected an
nually by ballot, the first Monday in Feb
ruary. The FIRST election shall be in the
year 1922, until which time the foIIovino
shall constitute the first Board of hi,
rectors, to-wit: Biago Rizzo. nOl Ara
bella Street, New Orleans; Simone CuIlura.
1Il9 :. Rampant Street, New Orleans
:. Joseph L. Paciera, Gretna, La; sam
y Cerniglia, Gretna, La. All elections shall
be held under such rules and regulations
as may be determined by the Board of
Directors but after ten days notice OF such
election shall be given to each stakeholder
by mail, sent to his last known address
or by publication for at least three times
In ten days preceding such election. In one
OF the daily English newspapers in New
Orleans. No failure to hold an election
shall be held as forfeiture of this char
ter Any vacancy in the Board Of Direc-
tors shall be filled by the remaining hi
rectors by appointing some stakeholder to
serve for the uneXpired term.
The first Board of Directors shall con-
sist OF Biagio Rizzo. 1l0l Arabella Street
New Orleans; Sam Cerniglia. Simone Col
lura and Joseph z. PaCiera, with BiagiO
Rizzo as President; Sam Cerniglia, Vice
President,and Joseph Z. Paciera. Secre-
tary-Treasurer, who shall serve until their
their successors have been elected and
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 informally in its
organization have the effect OF rendering
this charter null and void or of exposing
a stakeholder to any liability beyond the