The herald. [volume] (New Orleans, La.) 1905-1953, 1922-08-24
CHARTER.
CHARTER OF BOWIE OIL g. GAS co,
INC.


Louisiana. Parish of Orleans. Be it
known, that on this 18th day of the
month of August, in the year of our
Lord one thousand. nine hundred and
twenty-five lS22), before me. Watts
X. Leverich. notary public. in and for
the Parish of Orleans. State of Louis
lana, duly commissioned and qualified
ana in the presence of the witnesses
hereinafter named and undersigned
personally came and appeared. the sew
eral persons whose names are herunto
subscribed all of the age of majority
VINO declared that, availing themselves
or the provisions of the laws of this
state relative to the organization of
corporations, they hereby form them
selves into and constitute a corpora
ton. for the objects and purposes and
under the stipulatiOns hereinafter set
forth.
ARTICLE THE name and title of
Gas Co, Inc, and under its corporate
Gao Co, Inc, and under its corporate
term and period of ninety-nine years
from and after the date hereof and
shall have power and authority to con-
tract, sue and be sued. to accept and
receive mortgages, pledges. or other
hypOthecations; 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
convey, as well as mortgage and hy-
pOthecate, under it's corporate name
property. both real. personal and mixed:
10 borrow money and make and issue
bonds and other evidences of debt and
TO secure the same by mortgages or
otherwise; to name and appoint such
managers and directors officers and
agents as the interest and convenience
of said corporation may require. and to
make and establish, as well as alter and !
amend at pleasure, such bylaws. rules |
and regulations for the management |
and regulation of the affairs of the |
corporation as may be necessary, proper |
and convenient.
ARTICLE 1.-THE domicile of this
corporation shall be the City of New
Orleans, and all citations or other legal
process shall be served upon the presi-
dent of the corporation, or. in his alb
sence. upon the vice<president
ARTICLE III-The objects and pur-
poses for which this corporation is es-
tablished. and the nature of the bust
and specified to be: To mine dig. and
drill for. or otherwise obtain from the
earth, oil, gas, sulphur. salt. and other
minerals; to manufacture, refine. pre-
pare for market, buy and sell and trans
port the same in the crude or refined
condition; to acquire for those purposes
oil, gas, sulphur. salt, coal and other
mineral lands and lease holds and other
interests or rights in real estate or
minerals; to construct and maintain
and lines of tubing and piping for the !
transportation of natural gas and /or !
oil: to buy, sell, hold. lease mortgage i
ALLEVIATE, and deal in real estate of ali {
sorts; to drain, reclaim, coloniSe de- s
velop and improve lands: to erect build 1
ings and other structures, and to oper-
ate. lease, or otherwise handle them i
and deal therein; to construct ACQUIRE. I
maintain and operate all railroads. s
tramways. telegraph and telephone I
lines. canals, waterways. boats. and
other means of transportation neces- {
sary or convenient in prosecuting the I
business of the company; to construct /
and operate hotels, warehouses and t
general stores; to issue bonds. mort I
cages. and hypothecations to the ex- 9
tent necessary or proper for it's bust {
ness; to acquire and hold. sell, encum- / {
Der. or dispose of stocks and bonds of q
other companies to the extent permitted ]
by law: to exchange it's entire capital .
stock, or any part thereof. for property !
which II is authorized to acquire, or to I
exchange its entire assets and bust .
ness, or any part thereof. for property. :
stocks, bonds or other obligations of I
other companies: to hold stock in other q
corporations; to perfect and acquire :
patent rights, improvements, or pro- !,
cesses; and to do and transact all bust a
ness as properly connected with. incl q
dental. or convenient to any of the said =
obligations and purposes.
ARTICLE 1V-The capital stock of n
this corporation is hereby fixed at one q
million dollars (S1,00O. 100000, to be v
divided into and represented by ten a
thousand 100000 shares of par value n
or one hundred (S100 00)) dollars each n
which shall be paid for in cash or may :,
be issued for property actually received n
by the corporation, or for services !,
rendered; This capital stock may be e.
increased up to the sum of five million 2,
$4,000. OOO.00) dollars al
ARTICLE Vail the powers Of this al
corporation shall be vested in and ev- m
,rclsed Dy board of nine 90 directors So
me board shall elect from their number
president, vice-president a secre- .,
.sry and treasurer, and such other NJ
'nricers as they may think proper or az
. .omnenlent Tor the carrying on of the &c
'ompanys business. and shall have d.
,oWer TO unite two or more offices and al
ne Same 10 confer upon one person, or
% ulspense with any office in its dis DC
'retlon. and to fix the salaries of ALI es
'fficers. agents and EMPLOYEES tn ne
'oard OF directors shall be elected an de
luaIly, on the second Monday of June
u each year the first election to be in
eld IN the year 1928. All such cleo to
IONS shall be by ballot. at the OFFICE an
the CORPORATION. Notice of annual la
neeungs as well as of special meet an
l nss OF stockholders except as other XII
given by written notice mailed fif tn
zen O5) days in advance of the dat an
pr such meeting. to each stockholder no
ppearfng as such on the books Of tbe an
ompany at his last designated ad- or
ress, or at the General Delivery ar blu
eW Orleans Louisiana, If he has not
esignated an address. Each share IN
)lder shall be entitled to one vote for su
Ich share of stock standing in his q
ime on the books of the company re
III vote to be cast in person or by sn
oxy, and majority of the votes cast u L
all elect. The board of directors sh
all have power 10 fill all vacancies pa pa
men may occur, or in any manner 90,
Use or be created on the board of di- -
ctors, even though no quorum remain d..
the time such vacancies are TO be o.
led. Failure to elect directors on the mr.
v above specified shall not dissolve
corporation, but the directors then no,
OFFICE shall remain in office until ex.
.ir successors are elected. The board sis
directors shall have power to make ior
4 establish. as well as alter and ouf
emu all by-laWs, rules and regula- mes
ms necessary and proper for the son
,port ana manasement or the affairs ano
business of the corporation, and tor
Inconsistent with it's charter The the
I'd shall have power. without referr- Pre-
to- the stockholders to borrow T
ney, execute mortgages. issue notes con
fges bonds. or other obligations. in sha
h amounts and on such terms as in Jul,
ir judgment may be advantageous; wit
generally to do all things reason den
v necessary or convenient for the and
per carrying on of the business of Secl
corporation; and they are specially 7
lorized to issue and deliver full paid tors
es of stock or bonds or obligations s34
he company, in payment of property lJule
Tired by said corporation. and es- sire
ally in payment or part payment for Giea
or mineral lease made to IL by OrIe
lie Lumber Co. Ltd. or other per- II
or corporations at such valuations tnirt
n their judgment may be proper. theii