The herald. [volume] (New Orleans, La.) 1905-1953, 1922-05-04
CHARTER OF


HOME OIL AND REFINING co, INC.
State Of Louisiana Parish of Orleans.
City of New Orleans. Be il known that
on this fifteenth day Of April, in the
year one thousand nine hundred and
twenty-five. before me, WILLIAM WAL
LER YOUNG. a Notary Public, in and
for the Parish Of Orleans. State of Lou
isiana. duly commissioned and qualified.
and in the presence of the witnesses
hereinafter named and undersigned, per
sonally came and appeared the several
persons whose names are hereunto sub
scribed, all above the full age Of ma
jority. who seyerally declared that
availing themselves Of the laws Of the
State. particularly Act No. 90 Of 1914
tiOns, they do by these presents agree
and bind themselves, as well as such
other persons as may hereafter become
associated with them, 70 form and con-
stitute a corporation for the objects and
purposes and under the articles and
stipulations following. to-wit:
ARTICLE l. The name. style and
title Of this corporation shall be HOME
OIL AND REFINING CO.. INC, and
under that name il shall have and enjoy
all the rights, advantages and privileges
granted by law to corporations, and
shall exist for the full term and period
Of ninety nine years from this date 1t
be sued; 10 make and use a corporate
seal, and the same TO alter and break
at pleasure; to hold, receive, lease, pur-
chase sell and convey. as we'll as mort
gage, hypothecate and pledge property
real personal and mixed. corporal and
incorpOreal; to name and appoint such
managers, directors, officers. agents and
other employees as its interest and con-
venience may require, and to make and
establish as well as alter and amend.
from time TO time. such bylaws. rules
and regulations as may be necessary
and expedient for the proper manage
ment and government of the affairs Of
said corporation.
ARTICLE ii. The domicile Of this
corporation is hereby fixed in the City
Of New Orleans, State OF Louisiana and
all citations or other legal process shall
be served upon the President of this cor
poratiOn, or, in his absence, upon its
Secretary.
ARTICLE III. The objects and pur-
poses for which this corporation is es-
tablished and the nature Of the business
to be carried on by it are hereby de-
clared to be: To engage in the business
of mining, producing. refining and trans
porting. marketing and trading in oil
gas, petroleum. and in all the products
thereof. and otherwise to deal in goods
and merchandise Of all sorts incidental
TO such business, at wholesale or retail.
on commission or otherwise: to build.
own, lease and operate all refneries,
pipe lines, boats and barges: TO buy
drill, operate. lease and sell oil and gas
wells and generally to do and transac:
all business properly connected with, in
cidental or convenient to any Of the said
objects and purposes.
ARTICLE ". The capital stock Of this
corporation Is hereby fixed at the sum
OF Fifty Thousand Dollars (SJOOOO OO).
to be divided into and represented BY
Five Hundred Shares. in the sum OF One
Hundred Dollars (s100O0) each: said
stock shall only be issued for cash or
In payment of property actually re-
eeived or purchased by said corporation.
The capital stock OF this corporation
may be increased TO the sum of Two
Hundred and Fifty Thousand Dollars
$3.50. OO0O0l.
ARTICLE V. All the corporate pow
ers Of this corporation shall be exer-
cised by a Board Of Directors consisting
OF not less than three nor more than
shall constitute a quorum for the trans
action Of business. The directors NAV
vote in person or by written proxy in
favor OF another director. The Board of
directors shall elect annually from
among their number a President. a Vice
resident a Treasurer, and a Secretary;
the offices of Vice-President and Treas
u1er may be filed by one person. and
the office Of Secretary may be held by
alton.
The hrst Board Of Directors shall con-
slst OF three stockholders. and shall be
composed Of Samuel Mermelstein. Joseph
W Joachim and Peter Alphonso with
samuel Mermelstein as President, Joseph
W. Joachim as Vice-PTesidsnt and Treas
urer, and Peter Alphonso as Secretary.
The postoffce addresses Of said direc-
tors are as follows: Samuel Mermelstein
4lS2 Tchoupitoulas Street, New Orleans.
La: Joseph W. Joachim, 413s Tchoupi-
toulas Street, New Orleans, La: Peter
New Orleans, La.
These directors shall serve until the
second Wednesday in April, 1928. or
until their successors have been duly
elected and qualified The annual meet
ing Of stockholders for the election Of
directors shall be held on the second
Wednesday in April Of each year. unless
said day be legal holiday. and then
On the next bank day thereafter. ANY
vacancy occurring among the directors
BY death, resignation or otherwise shall