The herald., 1920-06-24
CHARTER,

| firms and corporations, at such times fol
! such prices and upon such terms and con
ditiOns, as they may deem advisable. This
! power to buy and sell, mortgage, pledge
I and dispose of property, real and per
/ sonal; to borrow and lend money exc.
| cute mortgages, notes, bonds and other
| evidences of debt, and all powers. herein
granted to said board of directors is To b,
exercised by them without the necessity
| of referring TO the stockhOld of the
| corporation for special authorization.
Said board of directors shall make all
| the rules. regulations and bylaws for tn,
| government, control and mana cement OF
! the business and affairs OF the corpora
ton, and alter. amend and change the
same at pleasure.
The following stockholders are hereby
declared TO be the first board of dircc.
tors of this corporation. all Of whom shall
hold office until the second Monday OF
May, 1921. or until their successors shall
have been elected and qualified
George W. Foster, lO2S Thayer St
New Orleans; Luke 5. BOudrcaux. 43i
Cgrondelet St, New Orleans; Waiter A
DiIzcll, 232 Nallette St. New Orleans
Clarence Bennett, 1918 St Charles St
New Orleans; Frank J. Bole. 1914 =. Car
rOlltOn Ave, New Orleans; Henry ] Bon.
dreauX, 434 CarOnd"lct St. New Orleans
Edward \. Parsons, SOC Whitney Bldg
New Orleans.
Until the second Monday of May. 1921
or until their successors shall have been
| elected and qualified. the following named
persons are hcrctv declared to be the of
ficers of this corporation:
George W. Foster, president: Luke S
BOudreauX, vice president; Frank J. BoIe
secretary -trcaSurer.
ARTICLE Vino stakeholder shall
ever be held liable or responsible for the
| contracts or faults Of said corporation in
any further sum than the unpaid bal
ance due on the shares of stock owned hv
him nor shall any mere informality in
| organization have the effect of rendering
this charter nun or of exposing a stock
holder to any liability beyond the amount
of his unpaid stock. nor shall any infor-
mality or irrcgularity in organization ever
have the effect of rendering any stock
holder liable as 4 partner.
ARTICLE NIIl.-Ths act of incorpora-
ton shall be changed, modified or altered
or this corporation shall he dissolved
with the assent of twO-thrds of the stock
OF the corporation. present or represented
at general meeting called for that pur-
pose after prior notice in writing 10 each
stakeholder or mailed to him nj his last
kn0wE' post office address In accordance
with law.
At the expiration of this charter. or
the earlier dissolution of this cOrpOra-
ton for any cause. its affairs shall be
liquidated by one or more liquidators Ia
ns elected by the entire stockholders, Call
of whom shall hold stock In said com
pany) and the said commissioners are
hereby vested with full power and author
lty 10 iquidate the affairs of said com
pony in accordance with law.
ARTICLE IX.-The appearprs hereby
declare that they have subscribed 10 the
number of shares opposite their names
ana the signatures thereto shall constitute
thelr original subscription TO the capitaI
Stook OF said corporation in tile propor-
tlon set opposite their names
Thus done and passed. in nv notariaI
Office. in the city of New dreams. on the
DAY, month and year hereinrirSt written
ana IN the presence of II. Schwartz and
W. ID. kee, competent witnesses who
h'rSunto subscribe their names. with the
sdIi appearers and me, notary, after due
reading of the whole.
original signed: George w Foster
twenty shares; l.. s. BOudreaux. twenty
shares: Frank j. Bole, fifteen shares: w
A. Dilzell, fifteen shares: Clarence Rem
nett fifteen shares: H. ]. Boudreaux. fif-
teen shares; Henry ]. Williams, fifteen
shares, per pro G. W. Foster.
Witnesses:
r. Schwartz
w. ID. Kee.
E. A. PARSONS.
Notary Public
1. the undersigned Recorder of Mort.
cages, in and for the parish OF Orleans
state of Louisiana. do hereby certify that
the act of incorporation of the charter
OF the Tulane Oil Land and Improvement
company, Inc, was this day duly re-
corded in my office in book 1916, folio.
New Orleans. June !. 1920
lSignedD: EMILE ]. LEONARD, u. r.
a true copy of the original on file and
OF record In my office.
A