The herald., 1915-08-26
CHAR
CONSOLIDATED SULPHUR AND or.
COMPANY, INCORPORATED

n
CONSOLIDATED SULPHUR AND OH.
COMPANY, INCORPORATED
United States of America, State Of Loui,iana
Parish of Orleans
he II known, Tha' on this Goth day Of the
month OF July, IN the year one thousand nine
hundred and htteen. before me, Francis p
Burns. notary public, in and for this CITY
and the Parish OF Orleans State of IouISi
ana; thCroin residing, duly comui Ssloned and
qualified, and in the presence OF the yyirrasse.
hereinafter named and undersigned person.
any came and appeared, rrSt, J. g. Woods.
second, W. W Hines. director and secretary
iespeeStyeIy. Of the Louisiana sulphur Drill,
fourth. W. W Hines. president and secrr
tary respectively. OF the United Drilling
SomtPanWy' ,I,neq2ITporated; fifth. J. p. Unger:
s SKIN, w. w lines president and secretary,
respectively; OF Kentucky Drilling Company
incorporated, all at the aforesaid corporstiorls
being organized underline laws Of III. SIT.
OF LOUISIANA and domicilcd and doing bust.
ness IN the city Of New Orleans, duly author
iLed to appear herein by virtue Of rcsoIurions
Of me Boards of Directors Of the Louisiana
sulphur Drilling Company, incorporated
- lted Drilling Company, Incorporated. and
Nth'ucky Drilling Company, INCORPORATED
dated the twentieth day of July, one thou,
sand nlEe hundred and fifteen. certified comics
OF "hlch resolutions are hereuuto attached
and made part hereof for reference. and CO..
untd copies OF the resolutions of the stock.
holders meetings Of the Louisiana sulphur
)rlIIlng Company, incorporated, United Drill
Ing company, incorporated. and Kentucky
Drilling Company, Incorporated each held
on July 10Th, 1915, showing that the assent nj
me owners OF more than three hfths CS-5l of
inc capital stock of each Of the aforesaid con.
Situe' companies was given to this consoli-
uation, copies of which resolutions are hereto
annexed and made part hereof for reference
Inc SAID appearers declared that availiug
| themselves OF the provisions Of the laws OF
the state ~ louisiana relative to the merger
and consolidation OF business and rusruf7c
turing corporations, whose objects and busi.
ness are OF the same nature, and particularly
OF Act No. lSS of 1874, of the General Assem-
bly, Of the State of Louisiana, The 10 a..
these presents, for themselves their aSSoci
ates, successors and assigns as well as such
other persons who may hereafter become asso-
Grated with them, form, unite, merge con.
soHdate, organize and constitute corpora-
ton, hereby 10 be formed bv the union and
merger Of said Louisiana Sulphur Drilling
/ company Incorporated said United Drilling
company, incorporated. and said Kentucky
DriIlng company, incorporated, for the pur.
poses and under the stipulations and agree
ments hereinafter set forth and expressed
which they hereby adopt their charter or
articles of Incorporation, to-wit:
Article The name and title of this cor
poration shall be consolidated Sulphur and
OIL Company, Incorporated" and urde- such
title it shall have and enjoy succession ana
existence Tor period OF ninety-nine wears
from date hereof; it shall have power and
authority TO contract, sue and be sued, make
ana use a corporate SEAL the same to break
and alter at pleasure; TO hold, SELL lease
mortgage, hypothecate or pledge property
real, personal or mixed, necessary, incidental
and to that end to further mortgage all oil
or mineral leases, grants contracts held by
1t, together with all buildings, constructions
, ana improvements placed and erected on said
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 run
tor such length of time. not exceeding the
SAID
tees may determine; to buy and hold stock
IN any other company or companies that may
assist this company in its objects and pur-
poses; to make and issue notes and certii
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 for the management and business
affairs Of this corporation, and generally to
do every other act, matter or thing necessary
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
tatlons and other legal process shah be served
upon the president, or in the absence of the
president, upon the first vice president OF
second vice-president, or in the absence of all
! OF these officers, upon the secretary.
! Article III.-The objects and purposes of
1 this consolidated corporation are hereby
| stated and declared to be:
/ Ql To acquire by purchase lease, or 9th
erwise, lands in the Calcasieu sulphur and
| oil fields of Louisiana, or in auy other loca-
! ton 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 other machinery or apparatus
| necessary TO fully accomplish said purposes
and if oil or other minerals found, Their
| TO market the same to the best advantage.
| (2) Engage in the distribution of oil, gas
salt, sulphur or other minerals either pro
duced by this corporation, or other person:
! or corporations by means of pipe lines, tram
| ways, railroads, boats, barges 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 Il
| fully carry out said objects and purposes, L
purchase, lease, or otherwise acquire PIPE
lines, tramways. railroads. boats, barges, tanl
cars, locomotives, pumping stations, steam
plants. air plants, and all other machinery Of
paraphernalia necessary or incidental thereto
80 To build, construct, lease, purchase, Of
otherwise acquire buildings, machinery anC
other apparatus for refining, smelling, man
ufacturing, or otherwise working up the prod
ucts of mineral lands either produced by thi'
corporation or other persons or corporations
and to refine, smelt, manufacture, other
wise work up by-products OF said mineral:
! to operate the said plant and market thu
products or by-products, as manufactured, t.
the best advantage.
! (D To carry on such other business apper
tanning to oil, gas, salt, sulphur or other mir
erals as may be necessary or desirable, o.
such as are generally engaged in by cor
poration Of this kind.
! Article IV.-The capital stock of this cor
poration is hereby fixed at the sum of thirt,
thousand and seventy-two (s50.072.0O) dollars
divided into four thousand two hundred anC
ninety-six 1920 shares of the par value o
seven $500 dollars each; provided that thu
amount TO which the capital stock of thi'
corporation may be increased shall be tive
hundred thousand (s20O,OOO0O) dollars
Fifty per cent 70 the capital stock of thi
corporation must be subscribed for before tn
fling of the articles of Incorporation. Thu
subscribed capital stock of this corporation
shall be payable in cash, property; real o
personal, or for services performed or rem
dered: and provided that il the stock IS no
paid for in cash that the law as provided il
section three 90 of Act 267 of 1914 be in al
respects complied with.
No stakeholder shall ever be held liable o
responsible for the faults, contracts or debt
of this corporation in any further sum thai
| the unpaid balance due the corporation o.
the shares of stock subscribed for by him
nor shall any mere informality in the organ
ization have the effect of render ing this char
ter null or of exposing any shareholder !