The herald., 1922-06-01
CHARTER.
CHARTER OF BIENVILLE OIL COM
PANY, INCORPORATED

L
City Of New Orleans, Be II known, that OF
this 18th day of April, 1922, before me
w. Morgan Gurley, a notary puohc' uuLS
commissioned and quallfled IN anu ~
the Parish of Orleans, State OF Louls IAN.
and in the presence of the witnesses heIe
matter named and undersigned, personal
liz came and appeared the several persons
whose names are hereunto subScrlpeu VIZ
seyerally declared that, aSalllhs mem
selves Of the laws of the State OF LOUIS
lana. relative to the organization OF cor
porations, and particularly ACT no 20,
of the General Assembly OF 1914, aho
Acts amendatOry thereof, thty nave ~.
nanted and agreed and by these presents
Covenant and agree and bind themselves,
as well as all other persons VINO MAY
hereafter become associated Win theih'
10 form a corporation and bouy poII.ic ia
law for the objects and purposes ana un-
der the stipulations hereinafter set forth,
which they hereby adopt as the charter
Of this corporation.
ARTICLE THE name and style OF
this corporation shall be Blenvllie vi
Company Incorporated, and its domlclle
is hereby fixed in the City OF New or-
leans, Parish of Orleans, State OF LOUIS
lana, where by said name 1t shal exist
and enjoy corporate existence ana success
sion for a period of ninety nine Cs9)
wears, from this date, unless sooner dls-
solved by law or in the manner herein
after stipulated.
ARTICLE II-Under said name and
STYLE said corporation shall have che
power to contract, sue and be sued, 10
make and use a corporate seal, the same
TO alter change or amend at pleasure 10
adopt make and enforce such bylaws,
rules and regulations for its government
as IL may choose, NOT contrary 10 tne
laws of the United States, the laws of the
State of Louisiana, or this charter' 10
employ and nix the compensation OF such
officers, employees or agents as the III
terest Of the corporation may require; TO
cate convey, SELL pledge or mortgage
real estate and personal property; TO Dor
row money; to issue negotiable paper o.
notes, or other evidence OF debt; ana
generally to do and perform any and all
other acts and things necessary and pro-
per- or incident to the SUCCESSFUL opera
ton and carrying out of the business out
lined in the objects and purposes Oh 'nis
may be deemed necessary and proper Dy
the board of directors.
ARTICLE III-The objects and pur-
poses Of this corporation are hereby de-
clared to be: to buy and sell real estate
and personal property and to develop
same; and to locate, lease and acquire
lands with the exclusive right TO pros
pect, to drill, mine. bore and sink wells
and shafts; to produce, convey and trans
port oil. petroleum and gas; to salvage;
reclaim, clean, operate and maintain oil
wells; to carry on the business OF storing
and prospecting for, mining, producing
porting, buying and selling petroleum
and other oil products and by-products;
10 buy, sell, furnish and supply the
same; to operate, build, construct, pump
and maintain oil and gas wells; to build
and construct, purchase, maintain and
operate warehouses, pumping plants, pipe
lines, refineries, factories, mills, work
shops laboratories and dwelling houses
for workmen and others; and generally
to do and perform any and all other
things necessary and incident to the car
rying on and operating Of general oil
and gas producing and marketing bust
ness.
ARTICLE Iv-An citations and other
legal process shall be served upon the
president Of the corporation, or in his alb
sence upon the secretary treasurer, or, in
the absence of both Of these officers, upon
the vice president, at the domicile Of said
corporation, as herein fixed.
ARTICLE V-The amount of capital
stock Of this corporation is hereby de-
clared to be 100000 Zone hundred
thousand dollars) to be divided into 10000
shares OF the par value Of $1,000 (ten dol
lars) each, all Of which shall be common
stock.
That more than fifty per cent Of said
capital stock has been subscribed for and
more than fifty per cent Of that sub
scribed for has been paid in by transfer
of property as shown on statement and
resolution Of appraisement attached here
to and made part hereof.
ARTICLE vI-An power of this cor
poration shall be vested In board Of d.
rectors, composed of seven stockholders,
except that the officers of said corpora
ton have and exercise the power granted
to corporate officers by section 16 of Act
No. 267 Of 1914. A majority Of the board
OF directors shall constitute a quorum for
transaction of all business, and a ma
jority vote Of the quorum present at any
meeting shall be empowered to do valid