The herald., 1922-06-01
CHARTER.

and corporate acts. Said directors shall
be elected annually on the 2nd Monday of
January of each year, except when the
said day shall fall on legal holiday, In
which event said election shall be held
on the day following, or as soon there,
after as practicable, and they shall hold
office for a term of one year or until
their successors shall be elected and
qualified.
Each stakeholder Of record on the books
of said corporation shall be entitled 10
cast at such meeting. either in person or
by proxy, one vote for each share OF stock
held by him, and a majority of votes
cast at such meeting shall elect or decide
any other question before IL. All meet
ings of said stockholders or directors
shall be held at the domicile of the COM
pany except, with the written consent OF
all OF the directors, valid meetings of the
board Of directors may be held outside
the state or in the state elsewhere than
at its domicile.
Any vacancy occurring for any cause
in the board of directors, between the
dates of the annual meetings herein pro-
vided for, shall be filled by the remaining
members of the board of directors. I'm
mediately after the election of the di-
rectOrs. they shall meet and elect from
their number a president, vice president,
and secretary and treasurer. The duties
of such officers shall be such as usually
pertain to the position TO which they are
in the bylaws or as may be designated
by the board OF directors at any regular
or special meeting.
The first annual meeting OF the stock
holders shall he held on the End Monday
IF January, 1923 subject TO the foregoing
provisions. Until that time. the follow
in- shall act as the board of directors:
Robt. A Davis, J. c. Allen. Maurice +.
Brierre, Il. +. Hartman. Bryan Bell.
Frank l.. Dusenberry. W. L. Clark, Jr..
lne- hnfr a.snEG arG
are elected.
ARTICLE VII-The capital stocs OF this
corporation may be increased to $500
10000 by the stockholders to carry on the
business, provided said increase be made
by a vote OF not less than peee- fourths
"a of all outstanding stock: and provid
ing further that notice OF such meeting
TO increase the capital stock, or decrease
the same in accordance with the law, shall
be given as provided by law. This char
ter may be amended or altered. in any
respect, by complying with the laws of
the state relative to the amendment of
charters, in force at such time as such
amendment is completed.
ARTICLE yIII-This corporation may
he dissolved either by Limitation or other
be liquidated by two commissioners elect
ed from the stockholders. which liquida
tors shall if required by the holders of
not less than 800 of the stock. furnish
value of the assets. Said liquidators
shall remain in office until the affairs OF
the corporation shall be fully settled and
liquidated with full power and authority
to do any and all acts or things necessary
or proper or conferred by law TO wind up
the affairs of the corporation.
No stakeholder shall be held liable or
responsible for the defaults or contracts
of this corporation, or for any other mat
ter or thing. for any further sum than the
N no Ann h. ctn
subscription or upon stock owned by him,
nor shall any mere formality or in
fOrmality Of the organization hereof have
the effect of rendering this charter null.
or of exposing any stakeholder to any liza
bility beyond the unpaid balance, If any,
of his stock subscription.
Thus done and signed by the parties
hereto this the 18th A. ID. 1922. in the
presence Of me. notary, and the under
signed competent witnesses.
Witnesses: Ross F. BreaZeale.
ORIGINAL SIGNED:
Robert A Davis. J. c. Allen. Maurice
y. Rierre. r. f. Hartman, Bryan Bell,
Frank l.. Dusenberry.
W. MORGAN GURLEY.
Notary Public.
l. the undersigned. Recorder OF Mort
CAGES. in and for the Parish of Orleans,
State of Louisiana do hereby certify that
the above and foregoing act of incOrpora
ton of the Bienville Oil Company, In
rOrporated, was this day recorded in my
office. in Book -, folio -.
New Orleans, April 22nd. 1922.
(Signed): ROBT. SCOTT,
Deputy Recorder.
/. the undersigned notary public. in
and for the Parish OF Orleans, State of
certify that the above and
to be a true and correct copy of
the original Act of Incorporation of the |
Bienville Oil Company, Incorporated, and
on file and of record in my office.
W. MORGAN GURLEY.
Notary Public.
Apr. 27-June