The herald. [volume] (New Orleans, La.) 1905-1953, 1922-04-13
CHARTER.
to act etc, upon the vice president or Sec
rotary. In the order named.

| to act etc, upon the ice-president or Sec
| rotary. In the order named.
ARTICLE 1.-THE capital stock Of this
corporation is hereby fixed at the sum OF
| fifty thousand dollars (S50,O00.0U). all of
which shall be divided into and represent
ed by five thousand 5000 shares of the
par value of ten dollars $1,000 each.
| The capital stock of this corporation
may be increased by the board of direc-
| tors without reference to the stockholders
| to the sum of one hundred thousand dol
lars S1O0,0O0.O0). Stock may be paid for
| in money, in services rendered the cor
| poration, or in property regularly trans
| fered to the corporation, all as may be de.
| termined by the board of directors
ARTICLE III-The objects and puc-
poses for which this corporation is or
| ganiZed are hereby declared to lease,
buy and sell real estate, and mineral
rights; to own and operate drilling ma
chinery, and to drill and mine for oil. gas
or other minerals. To own and operate
! pipe line, barges or other vehicle of trans
| portatiOn necessary to the conduct of a
| general oil and mineral development on
| lands owned or leased by the corpora
! ton, and to do any and all things neces-
/ Sary or incident to the general develop
ment of gas, oil or other mineral. and in
general TO do any and all things incidental
or pertaining to oil, gas or mineral de-
| velopment, and marketing and sale there
| of.
ARTICLE Iv-The corporate powers of
| this corporation shall be vested in the
| board of five 90 directors, a majority of
whom shall constitute a quorum for the
transaction of business.
! The first board of directors of this cor
poratiOn, shall be composed of f. Otway
| Denny, John j. RObira. Geo. ii. Hodge.
William Badon and Warren V. Miller
with F. Otway Denny as president: John
j. Robira as yice-president, and Warren
| V. Miller as secretary treasurer, and said
o :icers and directors of this corporation
! shall serve as such until the second Tues.
day in March. 1929 or until their success
sors shall have been elected and duly
qualified.
The meetings of the stockholders for
| the election of directors shall be held
| yearly on the first Tuesday in March, be-
| ginning with the year 1923.
The board of directors shall have the
| right to elect without reference to n
stockholders meeting, any stakeholder to
| be a director, whenever vacancy shall
exist on the board of directors through
absence. death, resignation, or inability
ARTICLE v-The corporate powers of
this corporation are expressed and set
forth in Section Seven of Act Number 261
of the Louisiana Legislature of the year
1914 and shall be duly employed by and
| thru the board of directors.
The duties of the several officers shall
be set forth in the bylaws which shall
be adopted by the board of directors and
| amended and altered at their will.
ARTICLE VINO stockholders Of this
corporation shall ever be held liable for
any debts of the corporation other than to
the amount of his or their unpaid sub
scription to stock, and no informalities
herein shall render them liable in the
premises.
ARTICLE VII-Amendments of this
charter or liquidation Of this corporation
shall be subject to the provisions of said
Act Number 267 of the Louisiana Legis-
lature of the year 1914
Thus done, passed and signed on the
day and date first hereinabove written, in
the City of New Orleans, in the presence
of F. NJ Mitchell and +. z. Beeson, COM
petent witnesse, who have signed here
unto together with said appearers and me,
notary, after a due reading of the whole.
Witnesses: F. NJ. Mitchell, F. E. Bee
son.
ORIGINAL SIGNED:
f. Otway Denny, 1889 Canal St., New
Orleans, one share: William Baden, per
F. Otway Denny, Lafayette, La, one share !;
Geo. II. Hodge. $50 st. Charles St, New
Orleans, La, one share; John J. Robira,
Jennings, La, one share; Warren V. Mil
Ter, 400 Whitney Bldg, New Orleans, one
share.
(Signed): GUS. A. LLAMBIAS,
Notary Public.
true copy:
(Signed): GUS. A. LLAMBIAS,
Notary Public.
Mich. 9-Apr. 10