The herald., 1922-04-27
CHARTER.

be elected annually on the 2nd Monday OF
January of each year, Acept whth 'ne
said day shall fall on a legal holiday. IN
which event said election shall De helu
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 ana
qualified.
Each stakeholder of record on the books
of said corporation shall be entitled TO
east at such meeting. either III person or
10y proxy. one vote for each share OF STOCK
held by him and a majority OI votes
cast at such meeting shall elect or declde
any other question before IT, All meet
ingS of said stockholders or directors
shall hc 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
III" state or in the state elsewhere IMAM
at its dOmicile
Any vacancy occurring for any cause,
| IN the board of directors, between the
| dates of the annual meetings herein pro
| vidcd for, shall be filled by the remaining
members of the board of directors. I'm
mcdatrly after the election of the di-
/ rrctorS. they shall meet and elect from
| their number a president. vice president,
and secretary and treasurer. The duties
| of such officers shall I've such usually
! pertain to the position to which they are
| elected. and such may be provided for
! in the 10y laws or rs may he designated
] by the board or directors AT any regular
| or special meeting.
! The first annual meeting of the stock
/ holders shall he held on the 2nd Monday
| ur January, 1923, subject to the foregoing
| provisions. Until that time. the follow
Ing shall act as the board of directors:
| Roht. 4. Davis. J. G. Allen. Maurice Z.
! Rrierrc. X. +. Hartman. Bryan Bell,
Frank l.. Dusenberry. W. l.. Clark. Jr..
| until said date and until their successors
are elected
ARTICLE VII-The capital stock of this
corporation may be increased to 500
100 by the stockholders TO carry on the
business, provided said increase be made
by vote of not less than three fourths
81 of all outstanding stock; and proNld-
ing further that notice of such meeting
to increase the capital stock, or decrease
the same in accordance with the law, shall
bee given as provided by law. This char
ter may be amended or altered, in any
respect. by complying with the laws or
the state relative to the amendment or
charters, in force at such time as such
/ amendment is completed.
ARTICLE VIII-This corporation may
70 dissolved either by limitation or other
wise and when dissolved its affairs shall
re liquidated by two commissioners elect
ID from the stockholders, which liqulda-
ors shall. if required by the holders of
rot less than 25To of the stock, furnish
BOND not greater than the APPRAISED
alue of the assets. Said hquidators
) shall remain in office until the affairs oil
iquidated with full power and authority
o do any and all acts or things necessary
n proper or conferred by law to wind up
} he affairs of the corporation.
No stakeholder shall be held liable OF
: responsible for the defaults or contracts
# this corporation, or for any other mat
er or thing. for any further sum than the
" Inpaid balance, if any, due upon the STOCK
D subscription or upon stock owned by him
nor shall any mere formality or IN
. | 'ormality of the organization hereof have
7 he effect of rendering this charter null
n of exposing any stakeholder to any liza
{ Iility beyond the unpaid balance, II any
j # his stock subscription.
G Thus done and signed by the parties
= hereto this the 18th A. u. 1922, in tn
= presence of me. notary. and the under
i signed competent witnesses.
J. Witnesses: Ross f. BreaZeale.
, ORIGINAL SIGNED:
:. Robert A. Davis. ]. C. Allen, Maurice
> Pierre r. f. Hartman, Bryan Bel
-, Frank l.. Dusenberry.
q w. MORGAN GURLEY.
o Notary Public
q I. the undersigned Recorder of Mort
q cages, in and for the Parish of Orleans
State of Louisiana. do hereby certify tina
II the above and foregoing act of incorpora
- tion of the Bienville Oil Company, In
q office in Book -, folio -.
h New orleans, April 22nd. 1922.
J., (Sipned): ROBT. SCOTT,
o Deputy Recorder
= /. the undersigned notary public, j
70 and for the Parish of Orleans state Q
r Louisiana, certify that the above an
,r foregoing to be a true and correct copy o
d the original Act of Incorporation of tn
II Bienville Oil Company, incorporated, an
}. on file and of record in my office.
l. w. MORGAN GURLEY,
T. Notary Public
is Apr. 27-June