The herald. [volume] (New Orleans, La.) 1905-1953, 1916-03-23
ACT OF INCORPORATION
IF NEW ORLEANS SULPHUR & OIL co.
INC

State Of Louisiana, Parish Of Orleans, City
OF New Orleans.
Re it known. tina, on this. the 18th day of
the month Of February. in the year of our
Lord one thousand, nine hundred and six
teen and of the independence of the United
States OF America the one hundred and for
tieth, before me. Charles F. Fletchinger, a
notary public duly commissioned and quail
fed in and for the city, parish and state
aforesaid, and in the presence OF the wit
nesses hereinafter named and undersigned
personally came and appeared the several
persons whose names are hcreuntO SUBSCRIBED,
who declared that, availing themselves of
the provisions of the laws OF this state rela-
tive 10 the formation and organization of cor
poratIons, they have coyenanted and agreed
and do, by these presents, covenant and
agree and bind themselves, as well as those
who may hereafter become associated with
them, TO form themselves into a corporation
for the objects and purposes, with the name
and under the stIpulations following, to-wit:
Article 1.-The name and style OF this
& OIL Co, Inc" and by said corporate name
il shall have succession and enjoy existence
for a period of ninety-nine years, unless
sooner dissolved in the manner provided by
law and the articles OF this charter; and
under said corporate name it shall have
power TO contract. sue and be sued, to make
and use corporate seal, the same TO alter
or break at pleasure, to make all necessary
agement and control, and shall have and en-
Joy all the rights, privileges and immunities
which are now conferred upon, or may here
after be granted to corporations of the same
Article 1.-THE domicile of this corpora.
ton shall be in the city Of New Orleans,
State of Louisiana, and all citations and other
legal processes shall be served upon the
act, upon any other officer Of the corporation,
as provided by law.
Article III-The objects and purposes for
which this corporation is organized and the
nature of the business to be carried on by it
are hereby declared &c be
(a) To acquire, by purchase, lease or other
wise, in the state Of Louisiana or elsewhere,
mineral lands for the purpose 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
lease or otherwise acquire drilling rigs or
other machinery or apparatus necessary to
fully accomplish said purposes; and If oil or
other minerals are found, then TO market the
same TO the best advantage.
(b) To engage in the distribution of OIL
gas salt, sulphur or other minerals, either
produced by this corporation or other persons
corporations, by means OF pipe lines, tram
WAYS, railroads, boats, barges or other con-
veyauces, or TO lease or suitcase all or any
part thereof to any other persons or corpo-
ratiOns for a like purpose, and IN order TO
fully carry out said objects and purposes,
lines, tramways, railroads. boats, barges, tank
cars, locomotives pumping stations steam
plants air plants, and all other machinery,
apparatus and paraphernalla necessary or IN
cidcntal thereto.
(c) To build, construct, lease, purchase or
otherwise acquire buildings, machinery, and
other apparatus for refining. smelling, man.
ufacturing or otherwise working up the pro-
ducts Of mineral lands, either produced by
this corporation or other persons or corpora
tions; 10 refine, smelt. manufacture or other
wise work up by-products OF SAID minerals;
to operate said plant and market the pro-
nuets and by-products, as manufactured, to
the best advantage.
(d) To acquire oil and mineral lands, by
purchase. lease or otherwise, and TO SELL
transfer, convey and lease the same, upon
such terms and under such conditions as the
said corporation may deem proper and adVan-
tageous.
lel To carry on such other business apper-
tanning to oil gas, salt. sulphur or other min
erals as may be necessary or desirable or
such as are generally engaged in by cor
poration Of this character,
Article IV-The capital stock of this cor
poration is hereby fixed at the. sum of sew
enteen thousand seven hundred, eighty
seven (Sl7.7S7.OO) dollars, divided into two
thousand FIVE hundred and forty-one (2,S4l)
shares of the par value OF seven C) dollars
each. all Of which shall be common stock;
provided that the amount 10 which the cap
ita stock of this corporation nav be m
creased shall be fifty thousand SS,pO DOL
lars. SalQ STOCK snail DC l>SutA 'l'4 80 N"'''
or in payment Of property or services actu-
ally received by or rendered 70 SAID corpor-
alton; said stock shall be fully paid for at
the time of its issuance and thereafter DC
worcestershire.
Fiftv C50c,0 per cent of the amount of the
canital stock shall be subscribed before the
fling of this act of Incorporation, and MY
(s0ctO per cent of the amount so subscribed
shall be actually paid in before the corpora
tion engages in business, and the emainder
NJ the amount so subscribed shall be paid IN
within one wear from and after the date mere
~. the residue of the stock shall be ISSUED
and naid for subject 70 the action and cal
AZ The hoard Of directors. in conformity with
the existing provisions of law relating there
The parties hereto hereby subscribe Tor the
number of shares of the capital stock OF said
corporation, set opposite their respective sig-
na.r1res hereto, so that this act OF incorpora-
ton shall also serve as an original suoserip-
Article V.-All the powers Of this corpora
ton shall be vested in and be exercised oy
a board Of not less than FIVE nor more than
seven directors, all of whom shall be bona
The persons so named as directors shai
select from their own number presldehSIi L,
| yice-president and secretary. treasurer IN
| FIRST board of directors, with their post onle'
| addresses. are as follows:
| T. J. Gauldman, New Orleans LOUISIANA isisna
Teert Patin. New Orleans. Louisiana; =
/ Hitler. New Orleans, Louisiana; Albert I
Fas,rIIing, Collins, Mississippi; Albert,
Essteri;ns' Collins Mississippi; Edward ..
| Tbaries louisiana. wit