The herald. [volume] (New Orleans, La.) 1905-1953, 1920-03-25
CHARTER.


ARTICLE 1.-THE objects and purposes
for which this corporation is organized are
hereby declared to be: ,..,,,,,o
(o) To refine. market ana GiS'lfo ~
crude oil, or petroleum anu an u az
nrodurts. TO locate, purchase l'dSe vi
ntb.rviSa acquire and to sell, hoIt
or otherwise dispose OF Janus -
or believed to contain prtroltuu' "a ~
natural gas. or either OF lhtH!i lnr,o, /
drill ar prospcct for or produce the Stint
70 nurrbas, lease or otherwise ACQUIRE |
and to sell. mortgage or oth'rN,S -
of developed or producing Oh ~ -
prOprrtirS or tn" products Oh sun ~ -
ras propertirs. to purchase, Prouu,'i IN
tina sell and distribute petroleum anu az
of the products and by products thtr'Oi
10 buy sell or otherwise dispose o. anu
manufacture all kinds OF hiuhllhat,t;no'
burning and heating oils. anu SaSoiiuI;;
n,Utha lubricants. grea>e>. wakes anu az
other products and by-products OIL ~
troIeum: TO act as broker or agent i''
others in all of said acts. to-
% To carry on the business Oh 80
inl drilling or prospecting for, MINING
producing refining, manufacturers PIP
ing buying and selling petroleum hat Ii
and artificial gas, casing hrau EaaG G,'t,
naphta, aud any and all OtheE P'ouu'''
and by-prOductS thereon. -,
C,D To acquire own. enter or irdH'
mines and mineral lands OF every klnu
mature, and description; also 10 d'Huit',
own enter lease, sell. assign, transfer OF
otb.rw Isl. dispose of mill sites, water
rights and terminal facilities 10 "orh;
prospect or develop mines ana mlH 'r
| lands Of every nature or description tItnel
| for itself or other companies, corporations
| or individuals upon such terms ana lot
| such remuneration rs it shall deem nj aho
| proper, and 10 accept take ana hOld mn
| pral lands and claims or every hlhu auu
| nature. either as an thtlr'S VI any Pc
| ton thereof.
| (d TO build. construct, equip. main
tain. own. control. lease or OTHERWISE a.
| uuirr and to operate all necessary tahkS
| tank cars pines and pipe lines. compress
| sorS S.p1rlting plants. reunerieS, Dulld-
| ingS and warehouses, and the necessary
| fixtures and equipment th"reuhto OBTAIN
| ing and other and all means OF rehhihS'
| storing saving. conveying. rahSpoEtlhE
| exporting or marketing petroleum, oil and
| gas or the crude or refined products OF
| either: aud to do any and all other acts
and things necessary as broker or agent
in The marketing or sale or petroleum pro-
| durts. property or its allied lines
| Crl To acquire. own and operate such
machinery. apparatus and appliances as
may be necessary. proper or lhCldehtai
i TO the mining, production and develop
ment of lands for petroleum oil. natural
gas and other minerals, or for any or the
purposes for which this corporation Is Or
gained. 80
~ To manufacture erect, build, fur
niSh. construct hold. own. operate, export,
import lease rent. hire, buy, sell and gen
orally deal in as principal. agent or rae
tor for others, all kinds or petroleum
| nrOduCtS gas. gasoline. explosive. steam
and all other kinds of engines. all kinds OF
dynamOS generators, pumps and any ana
all kinds of mechanical apparatus Tor
whatever purpose employed .,
(gl To contract for, build, buy, sell
own and operate all necessary mills. smell
trrS. roads. railroads. spur tracks, tram
ways. loading racks, bitches, fumes
pumps. pumping plants OF any klnd Oh
: | kinds whatsoever. casing head gas plant;
! and cOmpres,OrS for the purpose of con
vrrting casing head gas into gasoline Ol
other products, and such other propert!
: a~ shall be- Mt and necessary in carrying
l out the objects herein stated.
;hD To manufacture. purchase o
otherwise acquire. own. mortgage. pledge
sell. assign and transfer. or otherwise dis
pose of 10 invest. trade, deal in and dea
with. goods. wares and merchandise an'
real and personal property OF every claS
u and description.
Il III TO acquire, and pay for in cash
: stock or bonds of this corporation o
r otherwise. the good will, rights, asset
I and property, and to undertake or a
Il sumo ;he whole or any part of the obliga
:, tiOnS or liabilities of any person, firm, as
II sociation or corporation.
e Cd To acquire. hold, use, sell, assign
l. lease. grant licenses in respect of, mort
n gage or otherwise dispose of letters pater
of the United States or any foreign cour
try. patent rights. licenses and privilege
~ inventions, improvements and prOcesse
d copyrights, trademarks and trade name
relating to or useful in connection wit
!, any business of this corporation.
a. ~ To guarantee, purchase, hold sci
u, assign. transfer, mortgage, pledge or othel
J. wise dispose of shares Of the capital Stoc
of or any bonds. securities or evidence
u Indebtedness created by any other corpo
III alton or corporations organized under Il
is laws of this State or any other Stat
10 country. nation or government, and viii
ce the owner thereof to exercise all the right
y powers and privileges of ownership.
r % To issue bonds, debentures or oil
he legations of this corporation from time
10 time. for any of the objects or purposes
L the corporation. and to secure the same
IN mortgage, pledge, deed of trust, or othe
= wise.
Of (m) To purchase hold. sell and tran
a fer the shares of it's own capital stOcl
rs provided il shall not use its funds
II property or the purchase of its ow
IS shares of capital stock when such u
$, would cause any impairment of its ca
10 ital; and provided further that shares
y its own capital stock belonging to
g shall not be voted upon directly or ind
ia rectly.
a mi To have one or more Offices,
sc carry on all or any of its operations al
III business and without restriction or lin
hs as to amount to purchase or otherwise a
III quire, hold, own, mortgage, sell, conye
r or otherwise dispose of real and person
VI property of every class and description
o. any of the States. districts. territories
n colonies of the United States, and in al
~ and all foreign countries. subject to q
Oh laws of such State, district, territory, CT
u ony or country.
We (O) In general. to carry on any 9th
US business in connection with the fOregOin
"a whether manufacturing or otherwise, al
re, to have and exercise all the powers co
ny ferred by the laws of Delaware upon CO
es porationS formed under the act herei
Gu after referred to, and to do any or all
on the things hereinbefOre set forth to I
"a same extent natural persons might
, could do.
Iai tp) The foregoing clauses shall be co
y strued both as objects and powers; a
lls il is hereby expressly provided that {
- foregoing enumeration of specific pOwt
n shall not be held to limit or restrict
" any manner the powers of this cOrpol
u ton.
=, ARTICLE III.-The amount of the cal
- tai stock of this corporation is here
d. fixed at one million dollars. represent
o. value Of one dollar each. Said stock sh
al be paid for in cash, or given at par
rs, payment for property actually receiy
les by said corporation. The shares of stO
eu shall be transferable only on the books
the corporation and must be signed
on the President or Vice President and
~ Secretary, and no transfer of stock sh
.! be binding or have any effect upon q
20; cOrporatiOn, unless and until made up
nu the books. No stakeholder shall be liza
ne for any further sum than the amount
% his subscription. the capital stock of {
IS corporation may be increased TO two II
a. lion dollars. or any portion thereof.
ARTICLE Iy.-The dOmicile of this e
poration shall be in the City of New
leans State of Louisiana. All cltatl'
Chnn