The herald. [volume] (New Orleans, La.) 1905-1953, 1921-02-03
CHARTER.
,.,pTER OF CHALMETTE OIL q he
ChAs TIMING COMPANY, INC.

.-rp OF CHALMETTE OIL he
ChAs TIMING COMPANY, INC.
--.., states Of America, State of Lou
In parish Of Orleans. be IL known.
~ an this 22nd day OF the month VI
i.ss.ry In the year OF our Loru, o
!hasna nine hundred and twenty-one |
ia .ssas md Of the Independence OF the
In.u lt states of America, the one nun
sni ny "a forty-ffth; before me, watts n
,s0s.-;eS a notary public, duly commls'
nI.'aa and qualified, in and for the far-
~ - Orleans. slate Of Louisiana, therein
ns.,s,,s and in the presence OF the VIII
sa.s.s Hereinafter named and Undersigned
,s,sonally came and appeared the sew
81 persons whose names are hereunto
s.s.,rIhed. who declared that, aValnhs
nsmselyes Of the laws OF TINS state IeIa
-. n the organization of corporations,
~, have coyenanted and agreed, ana 90
- these presents covenant, agree, plnu,
an and constitute themselves, as well as
NJ. ..ss nersons as may hereafter join or De-
~ sssociated with them, into corpora
~, !, body politic In law, for the objects
"a nurnoses and under the agreements
~ Limitations following, to.wtt:
ARTICLE 1.-The name and ute o. THIS
,arnorstion shall be Chalmette Oh q ne
tuinr Company, Inc, and under IT'S cor
porste name 1t shall enjoy succession iol
IA mi term and period OF ninety nine
S.rs from and after the date hereof, and
IAN have power and authority to con-
i,srt sue and be sued; to accept and re-
,,lye Mortgages, pledges or other hypo-
hecations: TO make and use corporate
,.,l ana the same to break and alter at
pkssure: TO purchase, receive, lease, hold
a otherwise acquire and convey, as well
a mortgage and hypotheeate under its
corporate name, property both real, per,
sonal and mixed; to borrow money anu
If debt and to secure the same by mort.
nss and otherwise; to subscribe to and
ia stock In other corporations; to ac-
oplre hold and reissue shares Of its capt.
ul stock: to carry out all Of the objects
md purposes hereinafter set out; to name
and appoint such managers and directors,
officers and agents, as the interest and
convenience Of said corporation may re-
euire; and to make and establish, as Wen
% alter and amend at pleasure such by
lava rules and regulations for the man
uenent and regulation Of the affairs of
tie corporation as may be necessary, prop
q or convenient; and generally to do all
uch acts and things as trading corpora
tons are authorized to do under the laws
Il the State of Louisiana.
ARTICLE 1.-THE domicile Of this cor
psntion shall be In the Parish of Orleans,
sute Of Louisiana, and all citations or
cher legal process shall be served upon
Ne President Of the company, or. in his
sbsnee upon the vice-President.
ARTICLE III.-The objects and pur-
pss for which this corporation is or
pa1ed, and the nature Of the business to
eurried on by 1t, are hereby declared to
Y; to buy, treat, refine, handle, sell and
"a IN oil and petroleum products of all
sns; to transport and sell the same in
9aoe OF Manufactured or refined form: to
M!, sell, lease, hold and dispose of real
na personal property; to construct, erect
snaiain and operate pipe lines, buildings,
ssehinefy and refining and manufactur-
pants; to own, charter and operate
sak steamships, barges, tugs and other
water craft; to carry on every sort of bust
- Incidental to or convenient in con-
s1non with the business of dealing In
n nnning and treating oil and petroleum
rvoscts OF very kind and character; to
yaIfe ana hold stock, bonds obligations
~ s0urites Of other corporations; to ex-
se the entire capital stock or any
49,. 49, tnereof Tor property which II Is au-
s.. a 70 acquire; to exchange its entire
4, sno business or any part thereof
n,,ss. ps1y, stocks, bonds or other obli'
@s sns OF other companies, firms, or in
49,, ss to buy, sell, lease, hold, de-
49, sna improve real estate of all sorts
~ seoeraiiy to do all such acts and
M y 4 general trading corporation
ne laws Of the State of Louisiana
Ae!nofiled to do.
csIcLE Iv-The capital stock Of thi.
sa suen 10 hereby fixed at the sum OF
~ sseenored thousand (s1OO, OOO.OO) dol
,hss.s..u' oee into and represented by on,
,a tio0ool shares of the par valu,
H hundred islOOOOJ dollars per share
ess s9ssnt Of the said stock may be in
MN Ten hundred thousand $1,000
uonars. No transfer of stock shall
ma 10y upon the corporation unless
aoriAsiSI recorded upon Its books. NJ
n !, snail have a right to trans
Tie es..savsy any Of his or her stock IL
sAall ~ unless and until he or sh,
ne a.. =, nrst made a written offer I,
uea ssa ,aea stockholders Of the corpora
~ Aef stock to them at the book ya In,
AssS. Book Value" as used herein !,
t. 49,, sssahed to mean the value at which
hre ~ tao liabilities Of the corporation
eseka sn ~ good faith entered upon 1t,
Il dNuppa "a y, written offer shall be ad
70 ~ ss,. me other then stockholders. anC
slan n xorsuon ITSELF collectively. anC
psntes III to the office of the cor
= lppbes,,l ess than ten days prior I,
y ~ poration shah transmit this st orss,
u MR. " then stockholders. an,
"a sSsn q the stockholder desiring :,
ssA = - o distributed pro rata anon
nrrhss ether stockholders as desir,
~ hsidins. n the proportions in wbicl
esssss|ss. q the stockholders desirou
- hdi -. pear to each other: and i
IN % r..Sh such other stockhoIder
sAs s sale, then, after s each sne >, 'I ia
9, =. amount sS 81 .,s have taken am
sssss to buy and to V Which Sh ne h he % .
q spsa for pa ns ss@a ain LEI. untakel
= ssps,,sssd unless prohibited s eSO T !. "a
ssplss os may itself use and .n aw
~ : IN = from any stocfSoidee r0d d.
,:sss s l.. which none o. Of 't tSe s otse
sssisss hereof; pro % idsSuir e., At n n
| 3 e purchase Ia: : =, sr.s any q Il
l s naiatain II, ' esn,t sLoc n,, o.
s -, ~: . trsnsfer I any n ssoe. tn ?
8XDI0oP -