The herald., 1922-04-06

CHARTER OF CLAIBORNEs CENTRAL
OIL COMPANY. INCORPORATED

III
nine hundred and twenty-five, and of tht
Independence of the United states OF
America, the one hundred ana forty
seventh, before me, Francis L. Burns,
notary public. dsly commissioned and
qualified in and for the Parish of Or
leans, therein residing, and in the pres,
ence of the witnesses hereinafter named
and undersigned, personally came and
appeared the several persons whose names
are hereuntO subscribed, who declared
that, availing themselves of the laws OF
this state relative to the organization OF
corporations, they have covenanted and
agreed, and do by these presents coVen'
ant. 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 pur
poses and under the agreements and stlp-
ulatiOnS, to-wit:
ARTICLE THE name and title of this
corporations shall be Claiborne Central
oil Company, Incorporated, and under
its corporate name ii shall enjoy success
sion for the full term and period OF nine
~ nine years FROM and after date here
of and shall have power and authority
to contract, sue and be sued; to accept
and receive mortgages, pledges or other
SPECIFICATIONS. to make and use cor
pOrate peal and the same to break or
alter at pleasure; to purchase, receive
lease. hold, or otherwise acquire and con
vey as well as mortgage and hypOthecate'
under its corporate name property both
real and personal and mixed; to borrow
money and make and issue bonds and
other evidences of debt, and to secure the
same by mortgage and otherwise; to hold
stock in other corporations; to acquire.
hold and reissue shares of its capital
stock; to join or consolidate with and
enter into agreements and cooperative
relations not in CONFIRMATION of law, with
any person or persons, firms. associations.
OF corporations, governmental, municipal
or otherwise, in and about the carrying on
and accomplishment of all or any of the
purposes of the company, to carry out
all of the objects and purposes herein
after set out; to name and appoint such
managers and IdirectOrs, officers and
agents as the interest and convenience of
said corporation may require; and to
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 corpora
ton as may be necessary, proper or con-
venient.
ARTICLE 1.-THE domicile of this coz
pOration shall be in the Parish of Orleans,
State of Louisiana, and all citations or
other legal process shall be served upon
any of the officers of the corporation
ARTICLE III-The purposes for which
this corporation is formed are: AS prin-
cipal, agent, broker or otherwise in the
State, in any other states, territories and
possessions Of the United States and in
rectly;
. To acquire by purchase, lease. license.
mortgage, franchise, concession, apprO-
priation, discovery, location, grant, bond
option, device. conveyance agreement.
Importation or otherwise, to manufacture
produce, prepare, work. mine, bore, pros
pect, pump, raise, separate, refine. CEN
trate, reduce, distill, convert, treat, ex-
plot patent develop operate, assay, es-
tablish, maintain, equip. hire and to hold
Distribute.
port or otherwise dispose of and generally
to handle and deal in any and every form
or petroleum, gasses and other hydro
carbons, minerals. bitumens, coal de-
and mining, oil and gas lands, rights and
properties of every description whatso-
ever, together with any and all by-pro-
ducts thereof, and any and every material
and thing in the manufacture, prepare
ton or use of which any of the fOregc-
ing is used.
For its own purposes, but not as a
public service corporation, to acquire.
own, lease, erect, construct charter, build.
occupy. enlarge, sink, improve, establish,
maintain and operate or otherwise pro-
mote and control factories mills and re-
tneries, rigs, drilling machines and
plants, well castings, bitches, fumes, pipes
pipe lines, tanks, tank lines, reservoirs,
warehouses, storage plants, pumping sta
tons, water works, electric plants, power
plants, railway and tramway lines. steam
ships. tankers, barges, lighters and other
vessels of any and every class, dry docks
wharves, docks, elevators, terminal pro-
perties and facilities, harbors. ferries
bridges. waterways and rights and canals
and all other structures and improve
ments, necessary or convenient for the
production. manufacture. storage, sale
and distribution of products. and of any
goods. wares and merchandise or com
mOdities dealt in by the corporation, and
to purchase, lease or otherwise acquire
and to hold. own, improve. exploit, mort
gage, SELL exchange, convey or otherwise
dispose of the full property or other
rights, whether real. personal or mixed,
whatsoever and wheresoevsr located,
with its business in the State of Louis
lana or in any other states, territories or
Federal districts of the United States of
America and in foreign countries
To issue stocks, bonds and other obli-
cations in payment for property purchased
or acquired by IL for any other object in
and about its business; to purchase or
otherwise acquire. to guarantee, endorse.
become surety for, mold, sell. assign,
transfer, mortgage, pledge, hypothecate
or otherwise dispose of shares of the capi-
tai stock, bonds and all other evidences
OF Indebtedness and securities of any other
corporation or corporations or associa-'
tons of this state or of any other state
country. nation or government and to issue
In exchange therefor its stocks bonds or
other obligations, and while the owner
of such stock and tori securities. to ex-
ercise all the rights, powers and priyi-
leges of ownership, including the RICH. to
vote thereon as provided by law. and TO
aid in any lawful manner, and to sub
scribe, contribute to, substitute or
otherwise become interested in any
corporation or corDorations, projects
works, plants, properties, structures. and
torl operations necessary, useful or con-
Neneht, In connection with its PURPOSES
wheresOever located in any and all parts
OF The world; and to aid in any lawful
manner any corporation or association of
which any shares of stock. bonds or other
evidences of indebtedness or securities are
held by this corporation, and to do such
further lawful acts or things as it may
desire to protect. preserve, improve or en-
nance the value of any such shares of
stock, bonds or other evidence of indebted
ness. and securities; and to purchase, hold,
sell and transfer and deal in generally
shares or Its own capital stock in every
lawful manner.
To sell. convey and otherwise lawfully
transfer and dispose Of its entire property.
Doth real. personal and mixed, and rights
concessions and franchises or
any interest therein or any part thereof
10 other corporations, firms, associations
or individuals whatsoever and whereso-
ever existing and tori residing.
III Is the intent that the foregoing
enumerations of specific powers shall not
De held to limit or impair in any manner
the the general powers Of the corporation and
the enjoyment thereof as conferred by the
laws OF the State of Louisiana upon cor
porations organized Hereunder, and that
each OF the objects, purposes and powers
specified shall be regarded as independent
objects. purposes and powers, and be in
no manner and to any extent limited or
restricted by reference to or Inference
~