The herald. [volume] (New Orleans, La.) 1905-1953, 1915-08-05
CHARTER.

l..
United States pf America, State OF LouIsilu.
Parish Of Orleans
ne II SHOWN, That on this 1Ith dav Of m
month OF July. in the year one thousand min
burns, notary public, IN and for this CIT,
and the Parish of Orleans. State Of Loui,I
ana, therein residing, duly commissioned an,
gudilhtl' and IN the presence of the witne,sc
hereinafter named and undersigned. person
ally came and appeared nrSt l. g. Mood,
second. W. W. Hines, director and secretary
respectively, OF the Louisiana Sulphur DrilI
ing omRany Incorporated; third, b. : Hood
| !ourth' W. W. Hines, president and ,ecrr
tary, respectively, Of the United Dr,lIir,
company, Incorporated; hfth T. T. I'ngrr
slNth' W. W. Hines, president and secretary
respectively, of Kentucky Drilling Comnar,y
| Incorporated, all OF the aforesaid corporltT.g.
J being organized under the laws of the Star,
\ OF Louisiana and domcIlrd and doing bu,i
heNS IN the city OF New Orleans, duly author
| yea 10 appear herein by virtue Of resolution.
= 81 the Boards of Directors of the LouisIar.
sulphur Drilling Company. Incorpnraicd
hlted Drilling Company, incorporated. an,
G Hvntucky DrI!lng Company; Incorporated
dated the twentieth day Of July, one thpu
| S3nd niEe hundred and fifteen. certified copic,
OF ,"hlch resolutions are hercunto attached
ana made part hereof for reference: aud Ger.
lHtd copies OF the resolutions Of the stock
holdcTS meetings Of the Louisiana sulphur
Drilling Company, Incorporated United DrIII
| ing company, Incorporated and KcuturL =
DHillng company, Incorporated. each held
I
/ the owners Of more than three-ifthS G-5D oi
the capital stock of each OF the aforesaid con.
Sutuent companies was given 10 this corsoli-
ddtion, copies Of which rcSolutIorS are bar.,,
annexed and made part hereof Tor reference.
Inc SAID appcarers declared that availing
themselves OF the provisions Of the laws nj
the state OF Louisiana relative to the merger
ana consolidation OF business and rr1aruf,-.
turing corporations, whose objects and Ir,.i
ness are OF the same nature. and particularly
HI ACT No I2S OF 1874, OF the General Assem-
by OF the state 81 Louisiana, they do by
these presents, for themselves, their aSsoci.
atcs, successors and assigns, as well as such
other persons who NAV hereafter become assp-
Grated with them, form, unite. merge. con.
solldate, organize and constitute a Corpora-
uon' hereby 10 be formed by the union and
merger OF SAID Louisiana Sulphur Drilling
company, Incorporated, said United Drilling
company, Incorporated, and said Kentucky
DfllllhS company, Incorporated for the pur-
poses and under the stipulations and agree.
ments hereinafter set forth and EXPRESSED
which they hereby adopt as tnerr charter or
articles OF Incorporation, to-wit:
Article The name and title OF this cor
poration shall be consolidated Sulphur and
%! Company, Incorporated" and under such
ttie 1t shall have and enjoy succession and
existence for a period of ninety-nine wears
from date hereof: it shall have power and
authority to contract, and be sued make
ana use a corporate seal, the same to break
ana alter at pleasure; to hold, sell, lease.
mortgage, hypothcCate or pledge property
real, personal or mixed necessary incidental
or proper for the carving on of its business
and to that end to further mortgage all oil
II, together with all buildings, constructions
and improvements placed and erected on said
lands, or 20 be placed or erected thereon. as
well as to issue bonds secured by such mort
gage, such bonds to be issued in such
amounts, at such rate of interest and to mn
tor such length OF time. NOT exceeding the
term OF sald leases, as said leSSeeS or gran
tees may determine; to buy and hold stock
other -.
assist this company in its objects and pur-
poses; TO make and issue notes and certif.
Gates OF indebtedness; to name. elect and ap-
point managers, directors and clerks or other
employees to properly conduct its corporate
business. and to make such bylaws, rules
and regulations as may be found necessary
or desirable tor the management and business
AFFAIRS OF this corporation, and generally To
do every other act, matter or thing NECESSARY
Tor the complete and proper carrying out of
said business.
Article 1.-THE domicile Of this corporation
shall be in the city of New Orleans, Parish
OF orleans, state Of Louisiana, where all CT
tations and other legal process shall be served
upon the president, in the absence of the
president, upon the first vice-president or
second vice-president, or in the absence of all
OF these officers, upon the secretary.
Article IiI-The objects and purposes OF
tins consolidated corporation hereby
stated and declared to be:
az 10 acquire by purchase or lease, or 9th
erwise, lands in the Calcasieu sulphur and
OIL helds OF Louisiana, in any other ioca-
tiOn in this State, or elsewhere for the pur-
pose of prospecting for and obtaining oil. gas,
salt, sulphur or other minerals, and to that
end to drill, or cause to be drilled, oil wells
or sink, or cause to be sunk shafts for min
ing, and to buy, lease, or otherwise acquire
drilling rigs or other machinery or apparatus
necessary to fully accomplish said purposes
and if oil other minerals are found then
TO market the same to the best advantage
~ Engage in the distribution of oil gas
salt, sulphur other minerals either pro-
duced by this corporation. or other persons
Or corporations by means of pipe lines tram
ways, railroads.. boats, barges or other con-
veyance, or to lease or suitcase all or any
part thereof to any other person or corpora
ton for the like purpose, and in order to
tully carry out said objects and purposes, to
purchase, lease, or otherwise acquire pipe
lines, tramways, railroads, boats barges, tank
ears, locomotives, pumping stations, steam
plants, air plants, and all other machinery or
necessary incidental thereto. !
90 To build, construct, lease, purchase, or
otherwise acquire buildings, machinery and
'ther apparatus for refining, smelling, man.
lfacturing. or otherwise working up the prod !
icts of mineral lands either produced by this
corporation or other persons corporations, !
md to refine, smelt, manufacture, or other |
wise work up byprOducts of said minerals |
o operate the said plant and market the |
PRODUCTS or by-products, as manufactured, to |
he best advantage.
az To carry on such other business apper- |
aiming to oil, gas, salt, sulphur other min
rails as may be necessary or desirable, or /
UGH as are generally engaged in by cor
'oration of this kind.
Article IV.-The capital stock of this cor
oration is hereby fixed at the sum of thirty
hous and and seventy-twp (S30,072OO) dollars. i
ivided into four thousand two hundred and |
inety-six 1920 shares of the par value of |
even $500 dollars each; provided that the
mount to which the capital stock of this
may be increased shall be two
hundred thousand (s2OOOOOOO) dollars.
Fifty per cent 70 the capital stock of this
must be subscribed for before the
ling of the articles of Incorporation The
ubscribed capital stock of this corporation
hall be payable in cash, property. real or
ersonal, or for services performed or rem
erred; and provided that il the stock is not
aid for in cash that the law as provided in
ection three 81 of Act 267 of 1914 be in ali
aspects complied with
No stakeholder shall ever be held liable or
esponsible for the faults. contracts or debts
{ this corporation in any further sum than
he unpaid balance due the corporation on
he shares of stock subscribed for by him,
or shall any mere informaity in the organ
zation have the effect of rendering this char
er null or of exposing any shareholder TO
nv liability whatsoever.
This corporation shall not begin to do bust |