The herald. [volume] (New Orleans, La.) 1905-1953, 1922-09-07
CHARTER.
CHARTER OF BOWIE OIL g. GAS CO
INC.

CHARTER OF BOWIE OIL GAS CO
INC.
United States of America. State OF
Louisiana. Parish of Orleans, BE i,
known, that on this 18th day of the
month of August, in the year of our
Lord one thousand, nine hundred and
twenty-five G929. before me, Watts
X. Leverich, notary public. in and for
the Parish of Orleans. State of Louis
lana, duly commissioned and qualified.
and 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.
who declared that. availing themselves
of 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
! this corporation shall be Bowie Oil <
Gas Co, Inc. and under its corporate
name it shall enjoy succession for the
term and period of ninety-nine years
from and after the date hereof. and
shall have power and authority to con-
! tract. sue and he sued. to accept and
receive mortgages, pledges. or other
| hypothecations; to make and use a 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 by
| pothecate under it's corporate name.
property both real personal and mixed ::
| to 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 we'll 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
] ness to be carried on by il. are declared
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.
ALLEVIATE, and deal in real estate of all
| sorts; to drain. reclaim, colonise de-
velop and improve lands: to erect build
! ings and other structures. and to oper-
ate, lease. or otherwise handle them
| and deal therein: to construct acquire
maintain and operate all railroads.
| tramways. telegraph and telephone
| lines. canals, waterways. boats, and
! other means of transportation neces-
! sary or convenient in prosecuting the
| business of the company: to construct
| and operate hotels, warehouses and
general stores; to issue bonds. mort
cages. and hypothecations to the eX-
| tent necessary or proper for its bust
| ness; to acquire and hold. sell encum-
! Der. or dispose OF stocks and bonds OF
! other companies to the extent permitted
| by law; to exchange it's entire capital
! stock. or any part thereof. for property
which 1t is authorized to acquire, or to
| exchange its entire assets and bust
| ness. or any part thereof for property.
| stocks, bonds or other obligations of
| other companies: to hold stock in other
| corporations: to perfect and acquire
| patent rights, improvements. or pro-
cesses; and to do and transact all bust
ness as properly connected with. Incl
dental, or convenient to any of the said
| obligations and purposes.
| ARTICLE IV-The capital stock OF
| this corporation is hereby fixed at one
|
divided into and represented by ten
| thousand 100000 shares of a par value
| of one hundred (s100 00)) dollars each.
| which shall be paid for in cash, or may
by the corporation. or for services
rendered. This capital stock may be
| increased up to the sum of five million
| ($5. 900. 900 00) dollars.
| ARTICLE Vail the powers of this
corporation shall be vested in and ev-
ercised by board of nine (9) directors
| The board shall elect from their number
| president, a vice-president, a secre-
| officers as they may think proper OF
convenient for the carrying on of the
company's business, and shall have
power to unite two or more offices. and
to dispense with any office in it's dis
erection. and to fix the salaries of all
officers. agents and employees TIE
board of directors shall he elected an
of each year, the first election to be
held in the year 1923. All such cleo
tons shall be by ballot, at the office
of the corporation. Notice of annual
ings of stockholders except as other
wise specially provided by law. shall
he given by written notice mailed fiji
teen O5) days in advance of the date
for such meeting. to each stakeholder
appearing as such on the books of the
company. at his last designated ad-
dress or at the General Delivery at
New Orleans. Louisiana, If he has not
designated an address. Each share
holder shall be entitled to one vote for
each share of stock standing in his
name on the books of the company
SAID vote to be cast in person or by
proxy, and a majority of the votes cast
| snail elect The board of directors
snail have power to fill all vacancies
Wnlcn may occur, or in any manner
arise or be created on the board of di-
rectors. even though no quorum remain
az the time such vacancies are to be
filled. Failure to elect directors on the
day above specified shall not dissolve
the corporation. but the directors then
IN office shall remain in office until
their successors are elected. The board
OF directors shall have power to make
and establish. as well as alter and
amend, all bylaws, rules and regula-
tions necessary and proper for the
support and management of the affairs
and business of the corporation and
not inconsistent with it's charter. The
board shall have power. without referr-
ing to the stockholders. to borrow
money, execute mortgages. issue notes |
pledges, bonds, or other obligations, in
such amounts and on such terms as in
their judgment may be advantageous;
and generally to do all things reason
ABLY necessary or convenient for the |
proper carrying on of the business of
the corporation: and they are specially |
authorized to issue and deliver full paid |
of the company, in payment of property |
acquired by said corporation. and es-
pecially in payment or part payment for |
oil pninara1 70 hx-l