The herald. [volume] (New Orleans, La.) 1905-1953, 1921-11-03
CHARTER OF THE ROYAL RECLA-
NATION, INC

Tinted States of America. State OF
Louisiana, Parish of Orleans, city OF New
Orleans. BE it known, that on TINS lMen
ty-trst day of the month of September
I'm the year of our Lord, one thousahd'
nine hundred and twenty-one, before me
James L. ROsser. Jr., Notary fupllc'
in and for the Parish OF orleans, State
of Louisiana, duly commissioner anu
qualified and In the presence OF the VIII
nesses hereinafter named ana underslsh-
ed personally came ana appeareu' tne
Dersons whose names are hereunto SUP
scribed who severally declared that. avail
inv Themselves of the provisions OF th'
laws of the State of Louisiana, rcIatlNe
to the organization of corporation, tney
have cOyenanted and agreed ana Dlhu
themselves, as well as such other persons
who may hereafter become associated Win
them or their successors, TO form anu
constitute a corporation and BODY poht.
in law, for the objects and purposes ana
under the agreements and stlpulatlons loi-
lowing, to-wlt:
ARTICLE THE name, style and title
NJ this CORPORATION shall be: the Royai
Reclamation Incorporated, and under tnat
corporate name 1t shall have and ENJOY
all the rights and privileges granted by
law to corporations; it shall exist TOT a
period Of ninety nine years from anu ai'e'
the date hereof.
ARTICLE 1.-THE d0micile OF said cor
poration shall be in the City or New VI
leans Parish of Orleans, state OF Louis
lana, and all citations and other legal pro
cess shall be served upon the president
of the said corporation, and, In case o.
his absence, upon the Vice-President' ana
in the case of the absence OF both OIL
these officers. upon the Secretary Thereon.
ARTICLE III-The objects and pur-
noses for which this corporation is or
qauized are hereby declared to be TO re.
| Claim nv the use of the latest improved
machinery and methods. oil and gas wells
where distractions exist In such Wells
| nv the removal of Instructions OF any ma
ture preventing the free flow OF on ah nr
| 1roduce a flow of oil and gas therefron
| in having quantities. To purchase, lease
| and hire all machinery. tools and para
| phernalia, to accomplish the above re
| cited objects to purchase, convey, mort
| cage and hyphothecate as well as to lease
! and hire ali real-estate, necessary Tor the
conducting and carrying on or sald Dusl
| ness and generally to do every act aho
thing necessary to carry out tne o op5sG.'
| and purposes Tor winch lhis coiP'i"'
| Is organized.
| ARTICLE Iy-The capital stock Of tins
| corporation is hereby fixed at the sum o.
| Five Thousand Dollars $5,OOO) divided
into Five Thousand shares of par value
Of One (s1.OO) Dollar each; each shar'
| to be maid for in such manner as TN
| Board of Directors may determine: I'M
| amount of the capital stock OF TINS cor
| poration may be increased to Fifty Ihous
|
marathon shall be authorized to begin bus
mess and shall be going concern whei
| 6fty per cent of its capital stock shai
have been subscribed, and nifty per cen
of all stock subscribed shall have peel
paid In.
All sales and other transfers Of any o
| the stock of this corporation shall be Voi1
unless said stock shall have been prev
ously offered to the then existing STOCK
holders. through the Board OF Director
- n stinulatad urice. and IL the Board
for the said stockholders does not see n
20 purchase sati stock. then IL shall no
no sold at less price, or upon NOR
favorable terms. without likewise onerin
II TO the Board at such price, and upo
said terms In case of sale or transfe
| of stock. or the issue of the increase
| rapjtal stock the then holders or stoc
| of the company shall have the right 7
| purchase said stock in the ratio or thei
holdings Of stock of the company. y
sale or transfer of stock shali De oin s
ing upon the corporation unless mao
upon its books, and said transfer sha
he made only upon surrender or proc
!, Of loss or destruction OF the outstandih
certificate.
and authority of this corporation shall .
vested and exercised by Board or ID
rectors composed of not less than thrr
, | stock holders, to be elected annually o
a ballot a. a general meeting or the stocS
, holders on the second Monday In Septen
| her. of each year. No failure to elect ID
. rectors shall be regarded as forfeitul
OF this Charter. Any vacancy occurin
| In and on said Board shall be hIled o
the remaining directors for the unexpire
; term. Said Board Of Directors shall
Z the first melting after its election s eie
vice President. n Secretary and Treasure
ARTICLE VINO stockholders sha
: ever be held liable or responsible Tor q