The herald., 1916-02-17
ACT OLE INCORPORATION
OF NEW ORLEANS SULPhUR 4 OIL G.
INC.

OF NEW ORLEANS SJLPhuR x OIL CO,
State Of Louisiana. Parish Of Orleans, City
| Of New Orleans.
! Re it known that 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
/ tICth, before me. Charles 7. ElctChiugcr, a
notary public duly commissioned ard quail
ned IN and for the ,Ity, 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 hcrcU0t0 SUBSCRIBED
who declared that, avaIlIng themselves OF
the provisions Of the laws OF this state rcla-
tive to the formation and organization Of cor
porationS, they have coycnantcd 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 4 corporation
! for the objects and purposes, with the name
and under the stipulations following, tO-wit:
Article The name and style Of this
corporation shall be New Orleans Sulphur
Il oil Co., Inc" and by said corporate name
II shall have succession and enjoy existence
for a period Of niuety-niue years, unless
law and the articles OF this charter; and
under said corporate name II shall have
power to contract, sue and be sued TO make
and use a corporate seal, the same TO alter
or DTtdh al pressure. 10 MAKE all necessary
rules and regulations for its corporate man
agemeut and control, and shall have and en-
JOY all the rights, privileges and immunitles
which are now conferred upon, or may here
after be granted to cOrpO! atoms OF the same
kind and character.
Article 1.-The domcile 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
president or, in his absence or inability 10
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 il
are hereby declared to be
ca 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 cause
TO be sunk shafts for mining, and to buy
lease or otherwise acquire drilling rigs or
other machinery or apparatus necessary TO
fully accomplish said purposes; and If oil or
other minerals found, then TO market the
same to the best advantage.
CD 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 other con-
veyanceS, or to lease or suitcase all or any
part thereof to any other persons corpo-
rations for a like purpose, and in order 10
fully carry out said objects and purposes,
to purchase, lease or otherwise acquire pipe
lines tramways, railroads, boats, barges, tank
cars, locomotives pumping stations steam
plants air plants, and all other machinery,
apparatus and paraphernalia necessary or in
cidental thereto
Cc) To build, construct. lease, purchase or
otherwise acquire buildings, machinery, and
other apparatus for refining, smelling, man.
ufacturiug otherwise working up the pro-
ducts of mineral lands. either produced by
this corporation other persons corpora |
tons; to refine. smelt, manufacture other
wise work up by-products of said minerals;
TO operate said plant and market the pro-
ducts and by-products, as manufactured, to
I'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 the |
said corporation may deem proper and advan- |
tageous.
(eD To carry on such other business apper- |
tanning to oil gas. salt. sulphur or other min
eralh may be necessary or desirable or |
such as are generally engaged in by a cor. |
poration OF this character.
Article IV-The capital stock Of this cor !
poration is hereby fixed at the sum Of sew |
euteen thousand, seven hundred, eighty |
seven Csl77s7.C0 dollars, divided into two
thousand. five hundred and forty-one (2,4D |
shares Of the par value OF seven "a dollars |
each all Of which shall be common stock; |
provided that the amount 10 which the cap 1
ital stock Of this corporation may be in |
creased shall be fifty thousand (S5O,00O) dol |
lars. said stock snail De issued only lot CdsH !
or in payment Of property or services actu- |
ally received by or rendered to said corpor- |
alton; said stock shall be fully paid for at /
the time Of its issuance and thereafter be !
worcestershire.
Fifty (5Oct) per cent Of the amount of the |
capital stock shall be subscribed before the |
filing of this act of Incorporation, and fifty |
(5Ocl) per cent Of the amount so subscribed
shall be actually paid in before the corpora |
ton engages in business, and the renal ndeT I
of the amount so subscribed shall be paid IN /
within one year from and after the date here |
Of; the residue Of the stock shall be issued |
and paid for subject TO the action and call /
OF the board Of directors. IN conformity with
the existing provisions OF law relating there
to. , -,
The parties hereto hereby subscribe for the /
number Of shares of the capital stock Of said I
CORPORATION, set opposite their respective sig |
natures hereto, so that this act Of incorpora- |
ton shall also serve as an original suoscrp- |
ton.
Article V-An the powers Of this corpora |
ton shall be vested in and be exercised by |
board Of not less than five nor more than
seven directors, al! of whom shall be bona
fde stockholders. 9,
The persons 50 named as directors shall
select from their own number a president,
vce-president and a secreta-y.treasurer Inc /
first board Of directors. with their post ofhce
addresses. are as follows:
T. J. Gauldman, New Orleans, Louisiana;
George s Cox. New Orleans, Louisiana;
Frank Patin, New Orleans, Louisiana; a.
Hitler. New Orleans, louisiana; Albert II
Fasterling Collins, Mississippi; Albert, y.
Fastening, Collins. Mississippi; Edward !.
Rusillon, Lake Charles. Louisiana with
George s. Cox as president. Frank Patin,
yice.pres;dent. and Albert II. EasterlIng, sec
on the second Monday Of October 1916, and