The herald. [volume] (New Orleans, La.) 1905-1953, 1921-11-24
CHARTER OF THE ROYAL RECLA-
NATION, INC.

United States of America, State Of
Louisiana, Parish Of Orleans, City Of New
Orleans, Be it known, that on this TWEEN
ty-frst day of the month of September,
in the year of our Lord, one thousand,
nine hundred and twenty-one, before me,
James b. Rosser, Jr., a Notary Public,
in and for the Parish of Orleans, State
Of Louisiana, duly commissioned and
nesses hereinafter named and undersign-
ed, personally came and appeared, the
persons whose names are hereunto sub
scribed, who severally declared that, avail
ing themselves Of the provisions Of the
laws of the State Of Louisiana, relative
to the organization OF corporation, they
have coyenanted and agreed and bind
themselves, as we'll as such other persons
who may hereafter become associated with
them, or their successors, to form and
constitute a corporation and body polite
in law, for the objects and purposes, and
under the agreements and stipulations fol-
lowing, to-wit:
ARTICLE THE name, style and title
Of this corporation shall be: the Royal
Reclamation, Incorporated, and under that
corporate name 1t shall have and enjoy
all the rights and privileges granted by
law to corporations; it shall exist for a
period of ninety-Hine years from and after
the date hereof.
ARTICLE 1.-THE domicile of said cor
poration shall be in the City of New Or
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 Of
his absence, upon the Vice-President, and
in the case of the absence of both of
these officers. upon the Secretary thereof.
ARTICLE III-The objects and pur-
poses for which this corporation is or
ganized are hereby declared to be to re-
claim by the use of the latest improved
machinery and methods, oil and gas wells,
where distractions exist in such wells,
by the removal of distractions of any ma
ture preventing the free flow Of oil and
gas from all such wells; to restore or
produce flow of oil and gas therefrom
in paying quantities. To purchase, lease
and hire all machinery, tools and para
phernalia, to accomplish the above re-
cited objects, to purchase, convey, mort
gage and hyphothecate as well as to lease
and hire all real-estate, necessary for the
conducting and carrying on Of said bust
ness and generally to do every act and
thing necessary to carry out the objects
and purposes for which this corporation
is organized.
ARTICLE Iv-The capital stock of this
corporation is hereby fixed at the sum of
Five Thousand Dollars ($5,000) divided
into Five Thousand shares Of par value
of One ($100) Dollar each; each share
to be paid for in such manner as the
Board of Directors may determine. The
amount Of the capital stock of this cor
poration may be increased to Fifty Thous-
and l$5O,0OO) Dollars, and the said cor
poration shall be authorized to begin bus
fifty per cent Of its capital stock shall
have been subscribed, and fifty per cent
of all stock subscribed shall have been
paid in.
All sales and other transfers of any of
the stock Of this corporation shall be voio
unless said stock shall have been previ-
ously offered to the then existing stock.
holders, through the Board of Directors
at stipulated price, and IL the Board,
for the said stockholders does not see 1T
60 purchase SAN stock, then 1t shall not
be sold at less price, or upon more
favorable terms, without likewise offering
1t to the Board at such price, and upon
said terms. In case of sale or transfer
Of stock, or the issue of the increased
capital stock, the then holders of stock
purchase said stock in the ratio of their
holdings, of stock Of the company. No
sale or transfer Of stock shall be bind
ing upon the corporation unless made
upon Its books, and said transfer shall
be made only upon surrender or proof
of loss or destruction Of the outstanding
certificate
ARTICLE YAH the corporate powers
and authority of this corporation shall be
vested and exercised by. Board of d.
rectors composed Of not less than three
stockholders, to be elected annually by
ballot at general meeting of the stock
holders on the second Monday in Septem-
Der, of each year. No failure to elect d.
rectors shall be regarded as a forfeiture
of this Charter. Any vacancy occurring
in aud on said Board shall be filed BY
the remaining directors for the unexpired
term. Said Board of Directors shall at
the first melting after its election elect
from among its number a President, a
ARTICLE VINO stockholders shall
ever be held liable or rpepons ihlc for fhe