The herald., 1922-09-21

CHARTER OF BOWIE OIL q GAS &C
INC.
United States of America. State o
Louisiana, Parish of Orleans. Be
known, that on this 18th day of tn
month of August. in the year of ou
Lord one thousand, nine hundred an
twenty-five G922). before me. Watt
X. Leverich, notary public. in and 70
the Parish of Orleans, State of Louis
lana, duly commissioned and qualified
and in the presence of the witnesse
hereinafter named and undersigned
personally came and appeared the sew
eral persons whose names are herunt
subscribed, all of the age of majority
who declared that. availing themselve
of the provisions of the laws of thi
state relative to the organization o
corporations, they hereby form them
selves into and constitute a corpora
ton, for the objects and purposes, anC
under the stipulations hereinafter Sc
forth.
ARTICLE 1.-The name and title o.
| this corporation shall be Bowie Oil
Gas Co, Inc. and under its corporal,
| name II 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 be sued. to accept and
receive mortgages, pledges, or other
| approximations: to make and use a cor
| porate seal. and the same to break and
after at pleasure; to purchase, receive
/
convey, as well as mortgage and n.y.
pothecate. under its 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
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
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 it. 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
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
and operate hotels. warehouses and
general stores; to issue bonds. mort
cages. and hypothecations to the ex-
tent necessary or proper for it's bust
ness; to acquire and hold. sell. encum-
her. or dispose Of stocks and bonds Of
other companies to the extent permitted
by law: to exchange its 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 1V-The capital stock of
this corporation is hereby fixed at one
million dollars $4,000. 100000. to be
divided into and represented by ten
thousand 100000 shares of a par value
of one hundred (s10000)) dollars each.
which shall be paid for in cash, or may
be issued for property actually received
by the corporation. or for services
rendered: This capital stock may be
increased up to the sum Of five million
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
tary and treasurer. and such other
officers as they may think proper or
convenient for the carrying on of the
company's business. and shah have
power to unite two or more offices. and
the same to confer upon one person, or
to dispense with any office in it's dis
erection. and to fix the salaries of all |
agents and employees. TIE
board of directors shall be elected an
nually. on the second Monday of June
Of each year. the first election to be
held in the year 1928. All such cleo
lions shall be by ballot. at the office
of the corporation. Notice of annual
meetings as well as of special meet
ngs of stockholders except as other
wise specially provided by law. shall
De given by written notice mailed fiji
zen 15) days in advance of the date
Tor such meeting. to each stakeholder
appearing as such on the books of the
at his last designated adj
iress. or at the General Delivery at
New Orleans. Louisiana, II he has not
designated an address. Each share
holder shall be entitled to one vote for
sach share of stock standing in his
name on the books of the company
SAD vote to be cast in person or by
proxy and a majority of the votes cast
snaiI elect. The board of directors
snali have power to fill all vacancies
"nIch may occur. or in any manner
arise or be created on the board of d.
,ectors. even though no quorum remain
', the time such vacancies are to be /.
iiled. Failure to elect directors on the
lay ABOVE specified shall not dissolve ,
ne corporation, but the directors then /
n office shall remain in office until
neir successors are elected The board
u directors shall have power to make ,
lnd establish. as well as alter and ,
mend, all bylaws. rules and regula-
ions necessary and proper for the ,
import and management of the affairs
md business Of the Corporation. and
ot inconsistent with fits charter. The
GARD shall have power. without referr- :
ne to the stockholders. to borrow !
Money. execute mortgages, issue notes. :
iedges, bonds. or other obligations. in 7
UGH amounts and on such terms as in +
heir Judgment may be advantageous: !
M generally to do all things reason 4
DIV necessary or convenient for the r
roper carrying on Of the business of \
ie corporation; and they are specially h
1thorixed to issue and deliver full paid | n
,ares Of stock or bonds or obligationsI n
the company, In payment Of property e
,quired by said corporation, and es- 4
,ciauy IN payment or part payment for a