The herald., 1921-10-27

United States of America, State of
Louisiana Parish of Orleans, City of New
Orleans. Be il known, that on this TWEEN
ty-first day of the month of September,
in the year of our Lord, one thousand
nine hundred and twenty-one, before me,
James Il. ROsser, Jr.. Notary PUBIC
in and for the Parish of Orleans, State
of Louisiana, duly commissioned ana
qualified. and in the presence OF the Wit
nesses hereinafter named and undersign-
ed, personally came and appeared, tne
persons whose names are hereuntO SUD-
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 polltc
in law, for the objects and purposes, ana
under the agreements and stlpulatlOns Ioi-
lowing, to-wit:
ARTICLE 1.-The name, style and title
of this CORPORATION shall be: the Royal
Reclamation, Incorporated, and under that
corporate name IL shall have and enjoy
all the rights and privileges granted by
law 70 corporations; il shall exist for
period of ninety nine years from ana 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 thereon.
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
tnre preyenting the free flow of oil and
gas from all such wells; to restore or
produce a flow OF oil and gas therefrom
| in paying quantities. To purchase, lease
| and hire all machinery, tools ana 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 Tor 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 ($50OO) divided
| into Five Thousand shares of par value
of One Cs1OO) 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 Ihoos-
| and (S5OOOO) Dollars and the said cor
poration shall be authorized to begin bus
| mess and shall be going concern Wnen
| fifty per cent of its capital stock shalI
have been subscribed. and nifty 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 volc
| unless said stock shall have been Prev
| ously offered to the then existing stock
| ha Directors
| al a stipulated price, and IL the board
for the said stockholders does not see nj
| 70 purchase sahi stock. then II shall mol
be sold at a less price, or upon more
| favorable terms without likewise offering
II 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 stoct
| of the company shall have the right %
purchase said stock in the ratio OF theii
| holdings. of stock of the company. Nc
sale or transfer of stock shall be bind
ing upon the corporation unless maos
| upon its books. and said transfer snal
be made only upon surrender or proc
| Of loss or destruction of the outstanding
certificate.
| ARTICLE v-An the corporate powers
and authority Of this corporation snail D'
| vested and exercised by a Board OF ID
rectors composed OF not less tnah .hIe 81
| stockholders, to be elected annually o!
| a ballot at a general meeting of the stock
holders on the second Monday in Septem
her. of each year. No failure to elect Di
rectors shall be regarded as forfeitnr
in and on said Board shall be filled D!
the remaining directors for the unexpire'
term. Said Board Of Directors shall a
the first netting after its election cleo
from among its number president.
vice President. a Secretary and Treasurer
ARTICLE Vino stockholders shai
ever be held liable or responsible Tor IN