The herald. [volume] (New Orleans, La.) 1905-1953, 1915-08-12
CHAR TER.

OHIIed states OF America, State Of Louisiana
Parish of Orleans
he 1t known, That on this 10Th dav Of the
hohih OF july IN the year one thousand nine
hundred and fifteen. before me, Francis p
buIhsi a notary public, IN and for this city
and the Parish OF Orleans, State OF Louisi
ana; therein residing, duly commissioned and
gualihed, and in the presence of the witursse,
hfTeinatter named and undersigned person
any Gam Ne. and appeared Hrst, !. G. Woods;
second, W. W. Hines, director and secretary
ieSPeCuVeIy, OF the Louisiana Sulphur Drill
ing company Incorporated; third, H. :. Hood.
,ouI'h' W. W. Hines, president ami secre.
tdIy' respectively, OF the United Drilling
company, Incorporated; fifth, J. T. Ungrr,
sixth, W. W. Hines. president and secretary
respectively: of Kentucky Drilling COMPANY
Incorporated, all OF the aforesaid corporations
oeing organized under the laws of the State
OF LOUISIANA and domicilvd and doing b,isi.
ness IN the city Of New Orleans, duly 3uthor.
yea s 10 appear herein by virtue OF resolutions
OF the Boards of Directors of the Iouisians
Sulphur Drilling Company. incorporatcd
TnIteu Drliling Company Incorporated, and
HNen'uCky Drilllng Company. incorporated.
dated me twentieth day OF July. one thou.
sand nire hundred and fifteen. certified comics
OF which resolutions are hereunto attached
and made part hereof for reference. and CO.
tined copies of the resolutions OF the stock.
T Rr;m; meetings OF the Louisiana Sulphur
DrlIilng Company, Incorporated United Drill.
ns company, incorporated. and Kentucky
Drilling Company. Incorporated, each held
on July nth, 1915. showing that the assent of
VI more tnan three nfthS (l-S1 Of
the capital stock Of each of the aforesaid con
Sutuent companies given 10 this consoI-
ddton, copies of which resolutions are hereto
annexed ana made part hereof for reference
Inc said appearers declared that ayailing
themselves OF the provisions of the laws of
the state OF Louisiana relative to the merge
and consolidation of business and manufsc.
turing corporations, whose objects and bus;
ness are of the same nature. and nartirrisrIy
/ OF Act No. lS8 of 1874, of the General Assem-.
ny Oh the state OF louisiana, they do by
these presents, for themselves their associ.
ares 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.
lon, hereby TO be formed by the union and
merger OF said Louisiana Sulphur Drilling
company, Incorporated. said United Drilling
company. incorporated, and said KentuckY
Drilllng Company, incorporated. for the pur-
ments hereinafter set forth and expressed.
which they hereby adopt as their charter or
aTticleS OF Incorporation, to-wit:
Article The name and title of this cor.
poTatlon shall be Consolidated Sulphur and
on Company, Incorporated" and under such
ute 1t shall have and enjoy succession and
existence tor a period OF ninety-nine wears
from date hereof; II shall have power and
authority to contract, sue and be sued make
and 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 incident al
or proper tor the carrying on of its business
and to that end 20 further mortgage all oil
! or mineral leases, grants or contracts held bv
II, together with all buildings. constructions
ana improvements placed and erected on said
| lands, or to 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 run
lot such length of time, nor exceeding the
| term OF said leases, as said lessees or gran.
tees may determine; to buy and hold stock
| IN any other company or companies that may
/
poses; to make and issue notes and certih.
Gates of Indebtedness; TO name, elect and an.
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
| afairs OF this corporation, and generally tc
| 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 ci
tations and other legal process shah be served
upon the president, or in the absence of tn,
president, upon the first vice-p president. o.
second vice-president, or in the absence of al
OF these officers, upon the secretary.
| Article lll.-The objects and purposes o
this consolidated corporation are hereb,
stated and declared to be:
Q( To acquire by purchase or lease. or 9th
erwise, lands in the Calcasieu sulphur ant
oil helds of Louisiana, or in any 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 tina
end to drill, or cause TO be drilled. oil wells
or sink, cause to be sunk shafts for min
ing, and to buy, lease, otherwise acquir
drilling rigs or other machinery or apparatu
necessary to fully accomplish said purposes
and il oil or other minerals are found, the
to market the same to the best advantage.
| (2) Engage in the distribution of oil, gas
salt, sulphur or other minerals either pro
| dt1ced nv her
or corporations by means of pife lines, tram
ways, railroads, boats, barges or other con
veyance, or TO lease suitcase all an
part thereof to any other person or corpora
ton for the like purpose. and in order t
fully carry out said objects and purposes,
purchase, lease, or otherwise acquire pip
lines, tramways, railroads, boats. barges, tan
cars, locomotives, pumping stations, stear
plants, air plants, and all other machinery o
paraphernalia necessary or incidental thereto
! 90 To build, construct, lease, purchase, O
otherwise acquire buildings, machinery an
other apparatus for refining, smelling, man
ufacturing, otherwise working up the prod
ucts of mineral lands either produced by thi
corporation or other persons or corporation:
and to refine, smelt, manufacture, or other
wise work up by-products of said mineral
to operate the said plant and market tn
products or by-products, as manufactured, {
the best advantage.
az To carry on such other business apper
tanning to oil, gas, salt, sulphur or other mir
erals as may be necessary or desirable, Q
such as are generally engaged IN by col
poration of this kind.
Article IV.-The capital stock of this col
poration is hereby fixed at the sum of thirt
thousand and seventy-two (S30,07200) dollar
divided into four thousand two hundred an
ninety-sx 1920 shares of the par value {
seven $500 dollars each; provided that III
! amount to which the capital stock of TIL
. corporation may be increased shall be tw
hundred thousand (s20O,OO00O) dollars.
Fifty per cent 70 the capital stock of tn
!, corporation must be subscribed for before u
filing of the articles of Incorporation. Tt
: subscribed capital stock of this corPoratio
shall be payable in cash, property: real
personal, or for services performed OF rel
: dered: and provided that il the stock is m
paid for in cash that the law as provided
section three 80 of Act 267 of 1914 be in a
: respects complied with.
No stakeholder shall ever be held liable
: responsible for the faults, contracts or deb
e of this corporation in any further sum thu
the unpaid balance due the corporation, {
the shares of stock subscribed for by hir
nor shall any mere informaity in the orga
} ization have the effect of rendering this, cha
n ter null or of exposing any shareholder
any liability whatsoever.