The herald., 1920-10-14
CHARTER.
CHARTER OF ST. BERNARD OIL CO,

CHARTER OF ST. BERNARD OIL co.
INC.
United states of America, state Of Lou
i>iaul. Parish of Orleans. BE it known
and remembered. that on this md day Of
the month of september. 1920, before me-,
Herbert ". Kaiser, q Notary Public, duly
ruIS~iuurd and qualified. in ana Tor
tn, Parish aud state aforesaid, and in the
presence of the Witnesses hereinafter
named and undersigned, personally came
aud appeared the persons whose names are
hrrruutO subscribed. who declared mat
awaiting themselves of tn" provisions Of
the laws of the state of Louisiana, and
more particularly of Act No. Pa OF the
General Assembly of the State Of Loui>i-
ana for the year 1914. they have COyrnllrd
and agreed, and do by these presents
covenant. agree, bind and form and con
>'i'utc themselves, us well as such per
sons who may hereafter join and become
associated with them. into corpora
ton and body polite in law, for the oh
jrctS and purposes and under the agree
meuts and StipulatiOnS following, to-WIt
ARTICLE The nam" and style OF
This CORPORATION shall be st bernard Oil
60. Inc. ana under that name it shall
have aud enjoy all the rights, advantages
aud privileges granted by law TO corpora
tons. II shall exist for period OF
ninety nine years from date hereof, unless
sooner dissolved, il shall have power and
authority to sue and he sued in its cor
pOrat" name, to make and use corpor-
ate seal and TO break and alter the same
at pleasure: to hold, receive, mortgage,
convey and hypothecatc real. persona! and
mixed property; to have and employ such
managers, officers, agents and employees
rs the interest and convenience of said
corporation may require, ana TO max"
and establish such laws, rules and regula-
tons for the corporate management and
control of the business and affairs Of tn"
corporation. as may be deemed necessary
and CXpcdicnt.
ARTICLE 1.-THE dOmicile of this cor.
pOratiOn shall be the City of New Or
beans, 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 IL 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, ana en-
gnge in suCh other business as may he
necessary, incidental to or connected with
the business herein stipulated or cOntcm-
plated in this charter.
ARTICLE IV.-The capital stock Of this
corporation is hereby fixed at the sum Of
$JO.O0.0O, which capital stock may be in
creased to the sum of S5OO,OOOOO. 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
cash by the inCOrpOratOrS and shall b"
worcestershire. No transfer of stock
shall be binding upon the corporation I'M
less made upon its books, and all CSrtifi
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.
sign or transfer his stock in this corpora
iiOn without giving to the other stock
holders thirty days prior notice of such
intention, which notice shall he given in
writing to the President of the corpora
ton, and shall by said President be mHuc
known 10 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
of said notice to the President.
ARTICLE Nl.-AH 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-
tutc quorum for the transaction of bust
ness. The Directors shall be elected an
Iually by ballot. the first Monday in Feb
ruary. The first election shall be in the
year 1922, until which time the following
shall constitute the first Board OF hi
r@rtors, to-wit: BagiO Rizzo, llOl Ara
bella Street. New Orleans; Simone Cullura,
1919 ). Rampant Street. New Orleans
Joseph +. Pacicra, Gretna, La: Sam
NnIll
he held under such rules and regulations
rs may be determined by the Board of
Directors. but after ten days notice of such
election shall be given to each StOCkholdcr
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 n forfeiture of this char
ter. Any vacancy in the Board Of Direc
tors shall be filed by the remaining hi
reCtorS by appointing some stOckholder {,
serve for the uneNpircd term.
The first Board of Directors shall con
siSt of Biagio Rizzo. ll0l Arabella Street
New Orleans Sam Cerniglia, SimOue Col
lura and Joseph L. Paciera, with BiaGit
RiZrO as President; Sam Ccrniglia. Vice
President.and Joseph 7. Paciera. SeCre
tary Treasurer, who shall serve until thei
their successors have been elected ant
qualified.
ARTICLE Vino stOCkholder shall
ever be held liable or responsible for tn
contracts, faults or debts of this corpora
ton, nor shall any mere informally in il
organization have the effect of rendering
this charter null and void or of expOSin.
a stakeholder TO any liability beyond tn