The herald., 1922-12-21
THE HERALD, ALcIERs, LOUISIANA
CHARTER.

and Of the independence Of the United
States Of America. the one hundred and
forty sixth, before me. Watts X. Lev
erich, a notary public. duly commissioned
and qualified in and for the parish or
siding, and In the presence Of the wit
nesses hereinafter named and under:
signed, personally came and appeared
hereunto subscribed, who declared that
availng themselves of the laws of this
state relative to the organization of cor
porations they have covenanted and
nant, agree. bind. form and constitute
themselves as well as such persons as
may hereafter join or become associated
with them. into a corporation or body
polite in law. for the objects and pur-
poses and under the agreements and
stipulations following, to-wit:
ARTICLE /. The name and title of
this corporation shall be Champion Oil
name it shall enjoy succession for the
full term and period of ninety nine years
from and after the date hereof. and
shall have full power and authority to
receive mortgages. pledges or other by
pothecations; to make and use cor
porate seal and the same to break and
alter at pleasure: to purchase, receive.
lease. hold or otherwise acquire and con-
vey. well as mortgage and hypothecate
under its corporate name. property, Doth
H.,
dispose of all of its entire property and
assets, or to exchange the same for prop
erty, stocks, bonds or other obligations
of other companies, firms or individuals;
to borrow money and make and issue
bonds and other evidences of debt, and
to secure the same by mortgage and
otherwise; to subscribe to and hold stock
in other corporations; to acquire, hold
and reissue shares of its capital stock :;
to carry out all the objects and purposes
and do all the things hereinafter set out !:
to name and appoint such managers and
directors. officers and agents as the in
terest and convenience of said corpora
ton may require; to make and establish
as well as alter and amend at pleasure
such bylaws, rules and regultions for
the management and regulation OF the
affairs of the corporation as may he nee
essary, proper or convenient; and gen
eraly to do all such acts and things as
trading corporations are or may be au-
thorized to do under the laws of the
state Of Louisiana.
ARTICLE III. The domicile of this
corporation shall be in the parish OF
Orleans. state of Louisiana, and all cita-
lions or other legal process shall be
served upon the president of the com
pany. or, in his absence, upon the vice
president.
ARTICLE III. The objects and pur-
poses for which this corporation is or
ganized and the nature of the business
to be carried on by it are hereby de-
clared to be: To mine, dig and drill for
or otherwise obtain from the earth, Oil,
gas, sulphur, salt and other minerals
to manufacture, refine, prepare for mar
ket. buy and sell and transport the same
in the crude or refined condition; 10
acquire oil. gas, sulphur salt and other
mineral lands and leasehOlds and other
interests or rights In real estate or min
erals; to construct and maintain pipe
lines and conduits for the transportation
TO buy, treat, refine. handle, sell and
deal in oil, gas. petroleum and other
mineral products of all sorts; to own.
charter and operate tanks
carry on every sort of business incidental
to or convenient in connection with the
business of producing. treating, refining
and or dealing in oil, gas, petroleum
and or other mineral products Of every
kind and character; to construct and
maintain tanks and to store oil and
business of public warehousemen: to ac-
quire and hold stocks, bonds, obligations
and securities of other corporations: to
exchange its entire capital stock or any
part thereof for property which 1t is
authorized to acquire; to exchange or
sell its entire assets and business or
any part thereof for cash: property:
other companies. firms or individuals; to
buy, sell, hold, lease, mortgage. ALLEVIATE
and deal in real estate Of all sorts; to
drain. reclaim, coloniZe. develop and i'm
prove lands: to erect buildings and other
1 structures and TO operate. lease other
wise handle them and deal therein: to
operate commissaries. warehouses. board
ing houses and general stores: to manu-
facture, purchase or otherwise acquire.
own. mortgage. pledge, sell. assign and
transfer, or otherwise dispose of, to in
vest. trade deal In and deal with goods,
wares and merchandise and real and per-
sonal property Of every class and de-
scription: to acquire, hold. use, sell, as
mortgage, or otherwise dispose of letters
patent of the United States or any foreign
country. patent rights, licenses and priv
ileges, inventions, Improvements and pro-
names. relating to or useful in connection
with any business OF this corporation
to issue bonds. debentures or obligations
OF this corporation from time to time:
for any of the objects or purposes OF
the corporation. and to secure the same
by mortgage, pledge. deed Of trust or
transfer the shares of its own capital
stock. provided IL shall not use its funds
or property for the purchase Of its own
shares Of capital stock when such use
ital: and provided further. that shares
of its own capital stock belonging to II
shall not be voted upon directly or In
directly: and generally to do and trans.
act gil such acts and things as general
trading corporation under :he laws OF
the state of Louisiana is authorized to do
ARTICLE Nv. The capital stock Of this
corporation is hereby fixed at the sum OF
Fifty Thousand Dollars ESQ. O00.O0), divid
ed into and represented by Five Hun
One Hundred Dollars ($100.00) per share
! The amount of the said stock may be
: increased to One Million Dollars Isl 1000.
0OO.O0). No transfer Of stock shall bs
binding upon the corporation unles:
made and recorded upon its books. Nc
stakeholder shall have right to sell oil
: convey any of his or her stock in the
corporation unless and until he or she
shall have first made a written offer tc
the other then stockholders of the cor,
! poration, and to the corporation itself
to sell his or her stock to them at tbs
e same price as that at which a bona fdt
written offer from an outsider may have
been received. The written offer to the
other then stockholders and to the cor
poration itself required by this provision
shall be addressed to such other ther
5 stockholders and the corporation itsel
collectively, and shall be delivered Il
: the office Of the corporation not less thar
ten days prior to the application fol
transfer Of the stock to an outsider. TIL,
corporation shall transmit this offer t.
the respective then stockholders. and thu
stock of the stakeholder desiring to sci
. shall be distributed pro rata among sucf
J Of the other stockholders as desire t.
{ purchase in the proportions which thu