The herald., 1922-08-03
CHARTER.

scribed, who declared that availing them
selves of the laws of this state. relative
to the organization of corporations, they
have covenanted and agreed, and do, by
these presents, covenant, agree. bind form
and constitute themselves. as well as such
persons as may hereafter join or become
associated with them. into a corporation
and body polite in law, for the objects
and purposes and under the agreements
and stipulations following, tO-wit:
ARTICLE THE name and title OF this
corporation shall be, Dutch Bayou Co.
Inc, and, under its corporate nam.. il
shall enjoy succession for the full ,term
Of ninety nine years from and after the
date hereof; it shall have the power and
authority to contract, sue and be sued
and make and use a corporate seal the
same to break and alter at pleasure; to
hold, purchase. lease, sell. mortgage, by
pothecate or pledge property, real, per
SOnal or mixed, necessary, incidental or
proper for the carrying on Of its business
either as principal or as agen; to borrow
money and make and issue notes. bonds
and other evidences of Indebtedness there
for, and to secure the same by mortgage
or otherwise; to hold stock in other cor
pOratiOns; to name and appoint such man
ayers and directors, officers and agents as
the interest and convenience of said cor
pOration may require; TO make and eS-
| tablish, as well as alter and amend at
pleasure, such bylaws, rules and regula-
tons for the management and regulation
of the affairs of the corporation as may
be necessary, proper or convenient.
ARTICLE 1.-THE domicile of this cor
poration shall be in the City of New Or
| leans, Parish of Orleans, State of Louis
| lana. and all citations or other legal pro-
cess shall he served upon any OF the Of
| ficerS of the corporation.
ARTICLE III-The objects and pur-
poses for which this corporation is or
ganiZed. and the nature of the business
| to be conducted by ii, are hereby declared
| to be:
To acquire receive accept. purchase,
| buy, lease, hold. improve, cultivate, mort
| gage hypothecate. sell, pledge, exchange.
convey ALLEVIATE or otherwise acquire pos
| SeSs. use. enjoy and dispose OF property.
| real, personal or mixed. either as prinCi-
| al or as agent, and do all things Incl
dental to or connected with said bust
ness
| ARTICLE IV-Tne capital stock Of this
corporation shall he fixed at the sum Of
five thousand dollars (S5.OO0.0O). divided
of the par value of one hundred dollars
tslO0.0Ol each, to be paid for in cash or
its equivalent in property.
| ARTICLE V-All the powers Of this
corporation shall be vested in and eNcr-
cised by n board OF three directors. Said
board shall be elected annually at n gen
eral meeting of the stockholders called
| for that purpose on the first Thursday in
June Of each year after due notice. In ac-
cordance with the laws of Louisiana.
Each holder Of stock shall be entitled to
one vote for each share of stock standing
in his name on the books of the COM
pany. Said vote shall be cast in person
or by proxy, and a majority Of the votes
cast shall elect.
Said board of directors shall have the
power to fill all vacancies. which may oc-
cur on the board. even though no quorum
remain at the time such vacancies are to
he filled. Failure to elect directors on the
day above specified shall not dissolve the
corporation. but the directors then In Of
flee shall remain In office, until their sue
| cessors are elected and qualify.
| The board shall elect from their num-
Der n president a yice-president and a
secretary TREASURER. The latter office may
be held by q person, who may or may not
be a stakeholder or director.
At any m+<ting OF the board of direc-
tors, any director absent from the meeting
may be represented by any other direc-
tor, by written proxy, who may cast the
vote Of the absent director.
The board of directors shall have tn,
authority to make and establish, as well
as alter and amend, all bylaws. rule,
and regulations for the proper manage
ment and conduct Of the business and af'
fairs of the corporation. and shall have
the power to authorize the borrowing Of
money, the issuance of notes or other evi
| dences Of Indebtedness and the execution
of mortgages, as hereinbefore set forth
and, generally, to do all things necessary
| or convenient for the proper carrying OF
of the business Of the corporation.
| Until the general meeting of the stock
holders for the election of directors to b.
held on the first Thursday of June, 1923
or until their duly qualified successor
are elected and installed. the board of di
rectOrs shall be composed of: Edward J
I.eCorgne, 4424 Constance ST.. New Or
leans. La: Walter p. LeCorgne. 442
c. Lecorgne, 4424 Constance St. New Or
leans. La, with Edward J. LeCorgne. a
president; Walter p. LeCorgne. as vice
president: and stephen c. LeCorgne, a
secretary treasurer.
The terms of Office Of said officers shall
run concurrently with that Of the boart
selecting them, except the first boart
who shall serve until the first Thursda,
I'm June, 1923.
ARTICLE vI-This corporation is au
thorized to do business. when $2,5O0.0
of its capital stock has been subscribed
to and the provisions Of the law compile,
with.
ARTICLE vII-The capital stock o
this corporation may be increased to tn
sum Of twenty-five thousand dollars (s25,
ARTICLE vIII-This charter may b.
amended or the company dissolved, a
provided by the laws Of Louisiana.
ARTICLE IX-The subscribers heret
have respectively written opposite to thei
names the amount Of stock subscribed b.
: them to this corporation, so that this &c
of Incorporation may also serve as tn
OTlRlHdl euDsCfipllUu ust VI the CofpoTd
ton, and they have stated their post of
flee addresses, so as to conform with Ac
267 Of the General Assembly Of the Stat
Of Louisiana Of 1914.
Thus done and passed at my office Il
the City OF New Orleans. Louisiana, on tn
| day. month and year herein first abov
written, in the presence of Anna Nau
mann and Eunice Elliott, the undersigne
. competent witnesses, here residing, VIII
hereunto sign their names with said ap
pearers and me notary, after reading @
the whole. constituting this act as a
original subscription list.
Witnesses: Anna Naumann. Eunice Fl
lott.
, (ORIGINAL SIGNED):
. Edward J. LeCorgne, 4S shares, a.
: p. Lecorgne, / share. 4424 Constance st
= New Orleans, La; Stephen c. LeCorgne,
share, 4424 Constance St, New Orleans, Il
SeaD: CHARLES SCHNEIDAU.
Notary Publ
I, the undersigned, Recorder of Nor
cages, in and for the Parish Of Orlean
. State of Louisiana, do hereby certify this
the above and foregoing Act Of Incorpor,
/, ton Of the Dutch Bayou Co, Inc, was TIL
! day duly recorded In my office in Boo
: 126S. folio 402.
New Orleans, June It'll, 1922.
(Signed): ROBT. SCOTT.
s Deputy Recorde
A true copy:
SeaD: CHARLES SCHNElDAU.
Notary Publ
r CHARTER OF PEERLESS OIL CON
PANY, INC.