The Bienville Democrat. [volume] (Arcadia, Bienville Parish, La.) 1912-1980, 1920-01-29
CHARTER
Lunmus Oil Company, Incorporated


Parish Of Bienvllle
Re it known and remembered, tina
on this the 9Th day Of December, y u
1919, before me, Bertram T. Harnctte
a Notary Public in and FOR said PorlSl
and State, duly commissioned an
sworn came and appeared }. N hum
INNS, J. z. Lummus and J, n. LummuS
IT.. all residents of Miami, Florida
the said J. e. Lummus being represent
cd herein by ]. n. Lummus who in TIE
presence of the attesting legal com
petent witnesses declared to me, Notary
that, awaiting themselves of the pro
visions of the laws of the State OF
Louisiana relative to the formation
organization and establishment OF cor
porations, and the operation and man
agement of same, they do by this act
and these presents form themselves and
such other persons as may associate
themselves with them,Or succeed, into
y corporation, under the name anC
terms and for the purposes herelnl
after set forth in the various articles
ARTICLE /
The name of this corporation shall
hp LJTMMUS OIL COMPANY IN
CORPORATED, with its domicile in
the Town of Arcadia, Bienyille Parish
Louisiana, where all meetings of the
stockholders shall be held and
where all meetings Oh Tue
directors must be held, provided that
with the written consent OF all the
directors, valid meetings of the di-
rectors may be held outside of the
State or within the State elsewhere
than at it's domicile, ant under its
corporate name it shall have and EN-
Joy succession for one hundred years,
unless sooner dissolved as herein pro
vided, or other wise. All legal pro-
cess shall be served on the President
or in his absence, on the Vice Pres
ident. or in the absence OF bOth on
the Secretary and Treasurer at the
office of the Company.
ARTICLE II.
The purpose for which this cor
poration is formed and its objects are
hereby declared to be to- acquire, own
and dispose of real estate, oil, gas and
mineral lands and leases and all
Kinds of personal property; to acquire,
and own drilling rigs and machinery
and operate same as it may see fit
to acquire, own and operate pipe lines
and tank lines and cars for the pur-
pose of transmitting any and all kinds
of minerals; to acquire, build and
operate machinery and refineries of
any and all kinds, and generally to
do and perform any and every act nee
essary to carry out the purposes herein
provided for or that may be incidental
thereto.
ARTICLE III.
The capital stock of this corporation
is fixed at One Hundred Thousand
($1O0,O00OO) Dollars, divided into
one thousand $1,000 shares of the
par value of one hundred ($1OO0O)
each, which may be paid for in cash,
property transferred to the corporation,
or for services performed for it at a
valuation to be approved by its board
of directors, and all stock, when is
sued, shall b. fully paid and non-as-
sessable. The corporation shall begin
business when Six Hundred Shares are
subscribed and paid for in accordance
with law. This corporation shall
have authority to increase its Capital
Stock, on complying with the law re-
lative thereto to an amount not ex-
ceeding One Million ($1,0O0,0O00O)
Dollars.
ARTICLE ".
The affairs of this corporation shall
be managed by and be under control
OF Board of not less than Three nor
more than Five Directors who shall
be elected by and from among the
stockholders at the annual stool
holders meeting which shall be held
on the first Monday of July Of each
year, beginning with the year 1921
The following stockholders shall COM
pose thefirst Board of Directors. to.
wit: j. N. Lummus, who shall act as
Chairman, j. N. Lummus, Jr. who
shall act as Secretary and J. g. Lum-
mus who shall hold office and compose
said Board till their successors are
elected.
ARTICLE Y.
The officers of this corporationshall
be a President, a Vice President. 8
Secretary and Treasurer. The Sec
rotary may also hold the office of
treasurer. They shall be elected an.
nually on the first Monday of Feb.
ruary, beginning with the year 1921
by the Board of Directors elected on
SAID day by the stockholders, which
Board shall Immediately organize and
elect said officers
The first officers of this corporation
shall be ]. N. Lummus, President ]. r
Lummus, Vice President and ! N
Lummus, Jr. Secretary and Treasurer
VINO shall hold said offices until their
successors are elected as hereinaboye
provided and according to law.
ARTICLE vi.
Meetings Of the stockholders and Of
the Board of Directors may be held
as often as the needs Of the business
may require, provided that for Stock.
holders meetings written notice shon
De mailed to each stakeholder at his
last Known Post Office address or thai
SHOWN by the charter, at least fifteen
Jays before said meeting is held. and
Tor meetings of the Board of Directors
written notice shall be given to each
at least "a hours before said
meeting Is held; provided that BY con.
sent Of the Board this notice NAV be
waived. De
ARTICLE VII.
NO informality in the formation of
HIS nDfDnr0fian shall H.. a. a.