The herald. [volume] (New Orleans, La.) 1905-1953, 1921-11-10

United States of America, State OF
Louisiana, Parish Of Orleans, City Of New
Orleans, Be il known, that on this TWEEN
ty-frst day of the month of September
in the wear of our Lord, one thousand,
nine hundred and twenty -one, before me,
James b. ROsser, Jr., Notary PUBIC,
in and for the Parish of Orleans, state
of Louisiana, duly commissioner ana
qualified, and in the presence OF the VIII
nesses hereinafter named and undersign-
ed, personally came and appeared, inc
persons whose names are hereunto SUD
scribed, who severally declared that, avail
ing themselves of the provisions or the
laws of the State of Louisiana, relative
to the organization of corporation, they
have covenanted and agreed ana Dind
themselves, as well as such other persons
who may hereafter become associated wltn
them, or their successors, to form ana
constitute a corporation and body pontf
in law, for the objects and purposes, and
under the agreements and stipulauons 1Oi-
lowing, to-wit:
ARTICLE THE name, style and title
Of this corporation shall De; the hoya az
Reclamation. incorporated, and under that
corporate name it shall have ana ENJOY
all the rights and privileges granted Dy
law to corporations; ii shall exist for a
period of ninety nine years from and after
the date hereof.
noration shall be in the City Of New Or
leans, Parish of Orleans, State OF Louis
lana and all citations and other iegai pro-
cess shall be served upon the Presluehs
of the said corporation, and, In case oi
his absence, upon the Vice-President, ana
i'm 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
panized are hereby declared to be 10 re,
claim by the use OF the latest lmproSe s
machinery and methods, oil and gas wells
where distractions exist in such wells
| nv the removal of distractions OF any ma
| ture preventing the free flow or oil ano
| gas from all such wells; to restore OF
produce a flow of oil and gas thereiron
| in paving quantities. To purchase, lease
| and hire all machinery, tools and para
Dhernalia, to accomplish the ABOVE re
cited objects, to purchase, convey, mort
gage and hyphothecate as wei as 10 Ieas'
and hire ali real-estate, necessary Tor th'
| conducting and carrying on or sald pusl
| ness and generally to do every act ane
thing necessary to carry out the oDJecti
| ana purposes for which this corporation
| is organized.
| ARTICLE Iy-The capital stock Of thi
corporation is hereby fixed at the sum o
| Five Thousand Dollars $4,000 divided
| into Five Thousand shares OF par valu
| of One ($1.0O) Dollar each; each shaI
to be paid for in such manner as Tn
| Hoard of Directors may determine IN
amount of the capital stock Of this cor
poration may be increased to Fifty Ihous
| and $50. OOO) Dollars, and the said cor
| poration shall be authorized to begin Dus
mess and shall be going concern whe,
| fifty per cent of its capital stock sinai
have been subscribed, and fifty per cen
| of all stock subscribed shall have Dee
| paid In. =,
| the stock of this corporation shall be vol,
| unless said stock shall have been prev
ously offered to the then existing stock
| holders, through the Board OF director
4 at a stipulated price, and IL the boaro
for the said stockholders does NOT see
| ro -purchase safu stock, then 1t shall no
beesold at a less price, or upon NOR
! favorable terms, without likewise onerin
| IL to the Board. at such price, and upo
| said terms. In case Of sale or transie
| capital stock, the then holders OF stoc
| of the company shall have the right Z
| purchase said stock in the ratio OF thei
| holdings, of stock Of the company. n
sale or transfer of stock shall be BIND
| ing upon the corporation unless mao
| upon its books, and said transfer sha
be made only upon surrender or proc
of loss or destruction Of the outstandin
| certificate.
and authority of this corporation shall b
vested and exercised by a Board OF ID
rectors composed Of not less than thre
| stockholders, to be elected annually
| A ballot at a general meeting Of the STOCK
her. of each year. No failure to elect ID
rectors shall be regarded as forfeitur
Of this Charter. Any vacancy occurin
In and on said Board shall be filled
the remaining directors for the unexpire
term. Said Board of Directors shall
the first melting after its election elet
from among its number President,
Vice President, q Secretary and Treasures
ARTICLE VINO stockholders sha
ever be held liable or responsible nor tn