The herald. [volume] (New Orleans, La.) 1905-1953, 1920-04-22
CHARTER.

Cook. James Il. tlEnh, W Iillain II. rlsnn'
Walter ]. Jung. Joseph Delery, with
Michael j. Crowley as President, Marion
]. FDIey as Vice President. James Il. Flynn
as Secretary, and e. lie Roy Eastman as
Treasurer. They shall hold Office until
their successors are duly elected and quail
ifed. The addresses of the Board are:
Michael u Crowley, IL Broadway New
York City, n. y; Marion J. Epley, 500
Hennen Building. New Orleans, La; {; lie
York city, N Y; Edward Eastman, 2l3
West 10th Street. New York City, y. Y;
Fred Cook, 726 Gravier Street. New Or
leans La. James 4. Flynn, 22lS Prytania
Street, New Orleans. La; William IL.
FLYNN, lO3O Jackson Avenue. New Orleans.
La; Walter J. Jung, 24Ol MarengO street,
New Orleans La. and Joseph Delery, 500
Hcnnen Building, New Orleans. La.
ARTICLE VII.-The Board of Directors
shall have power 40 make and establish.
as well 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
ta the stockholders, to borrow money, eN-
ecute 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 deliver full 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 new held by
| james L. FlyRn 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 have the power. by a vote of not
| less than twO-tbrds of all Directors to
oil no i nf hn m
| able and immovable, belonging to the cor
| pOratiOn. or 20 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 IN-This act of inCorpOra-
| ton may be modified. changed or altered
| or amended, or this corporation may be
| dissolved. in the manner provided by law,
by a twO-thirds vote of the entire out
| standing capital stock present or repre-
scented at a general meeting of the stock
holders convened for such purpose, after
| previous notice shall have been given in
the manner above required to be given of
| the annual meeting of the corporation.
The capital 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 ap-
pointed at meeting of stockholders con
vened for the purpose of liquidation, and
to be elected by majority vote of the
stockholders present, which liqudiatOrS
shall remain in Office until the affairs OF
| cOrnOTntiOn shall have hppp I'm Spt.
tied and liquidated. and they shall have
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 Ol
resignation OF one or more liQuidatOrS. tn,
vacancy shall be filled by the survivor
or survivors.
ARTICLE NI-There is annexed heret,
an accurate. detailed and itemized descrip
| ton of certain leases which are to b,
conveyed to the corporation in payment o
certain subscriptions for 100000 shares o
. its capital stock. showing the amount 10
cation, extent, character, together with
statement of the value of same as ap
praised by the directors of this corpora
ton. And in order that this charter ma,
serve as the original subscription list, tn
subscribers hereto have indicated oppO
| site their respective signatures the mum
+ Der OF shares of stock subscribed for b
each of them.
Thus done and passed in my office .
n.
: | day, month and year first above writer
|, | III the presence Of John Young, and Their
esa SWEET competent witnesses. who hay
hereunto subscribed their names tOgethe
: | with me- notary, and said appearcrs. at
: ter due reading of the whole
= Original Signed)
NamesOf subscribeys omitted
Witnesses:
John Young.
= Theresa SWEET
OSCAR SCHREIBER,
Notary Public.
i. the undersigned. Recorder of Mort
= | cages, in and for the Parish of Orleans
q State of Louisiana, do hereby certify tina
!, the above and foregoing Act of IncOrpor
, alton of the Great Northwestern Oil ar
Refining Company, Inv, was this day dull
: | recorded in my office, in Book 123
. | folio.
:, New Orleans. March 4, 1920.
= (Signed) EMILE J. LEONARD, by. Il.
- | ISeal)
A true copy. OSCAR SCHREIBER,
a Mich lS-Apr 90 Notary Public.