New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1917-04-14
Act of Incorporation of
THE DEALERS OIL & PIPE
LINE COMPANY, INC.
State Of Louisisna, Parish of Iberia

|
BE IT Known, that on this 9th Of the month o
March, A. D.. 1917, before nae, h. T. Dnlany,
| Notary Public in and for the Parish Of IBERIA
State OF Louisiana personally came and appeared
). y. Nuckolls, Juo. Knight and William Wren
each Of whom declared to me. Notary, in the
| presence of the hereinafter named and under
| sianed competent witnesses that awaiting them
| selves of the provisions Of Act No. 26T Of the
General Assembly OF the State of Louisiana fol
the year 1914 as well ~ the laws Of the State OF
! Loulstanain general relative to the creation Of
! corporations, they do hereby form themsalve,
into and constitute = body polite in law and
adopt the following articles as charter to gov
ern themselves and Successors and others as m.y
become associated with or succeed them.
ARTICLE l.
The name and title OF the corporation shall be
THE DEALERS OH & PIPE LINZ co. INC.
under which name and title it shall enjoy a sue
eession of property and all rights. privileges and
immunities granted by law unto corporations in
the State of Louisiana for the period Of ninety
nine years from date hereof.
The domicile Of this corporation 10 fixed in the
City OF New Iberia, Parish of IBERIA, State of
Louisiana.
ARTICLE H.
The purpose fer which this corporation 10
organized and the nature OF tho business to be
carried on by 1t are declared to be: Toundertake
explorations for she purpose of discovering oil,
gas. sulphur or other minerals to operate oil
gas or other mineral wells or mines to engage
in the buying and selling Of OIL, gas and other
minerals 30 acquire, construct, and operate Pipe
X
lines, loading stations and all things connected
with or appertaining to the production, storage
sale disposal and transportation Of oil gas or
other minerals, with authority to acquire or
despose OF lands by purchase lease or otherwise
such franchises as may be necessary for or con.
nected with the conduct of the business herein
above outlined and generally to do all the things
necessary for or incident to or connected with
said business in any Of its departments.
ARTICLE III.
The capital stock of this corporation is fixed at
Twenty Five Thousand 1928 600 00) Dollars
divided into and represented by Five Hundred
5000 shares of Fifty Dollars $3.50 OO) each.
This corporation shall be authorized to com
mence business as soon as Twelve Thousand
capital stock shall have been su bscribed and paid
for, the remaining portion of the authorized cap
ital may he issued from time to time and in such
a manner as the Board of Dire tors may deem TO
be the best nterest of said corporation.
ARTICLE ".
The names and post office addresses of the
subscribers to these articles of corporation and
the namber of shares of stock which each of it's
holders hereby agree TO take and pay for RS fol
lows:
Q. Nuckolls, Now Iberia, La, 81 shares.
William Wren, New Iberia La SO shares.
Jno. j. Knight, New Iberia La. SO shares
ARTICLE V.
The corporate power of this corporation shall
be vested in and exercised by Board OF Direct
ors composed of stockholders which shall be
elected annually at the annual meeting Of stock
holders Of said corporation to be hold on the
First Wednesday of April each year. The first
annual meeting of said stock holders to be held
on the First Wednesday of April 1917. Until
the first meeting of said stock holders the di
rectors Of this corporation declared to be: y.
o Nuckolls, Jno j Knight, William Wren.
The officers of this CORPORATION shall be a Pres
ident and a Secretary. Treasurer who shall be
elected from the directors, aud Immediately fol-
lowing the annual election held by stock holders.
Until the election to be held on the First Wed
nesday Of April 1917 the following shall be Off
GERS Of this corporation:
$. o. Nuckolls, President; John j. Knight,
Secretary Treasurer.
Any vacancy on the Board of Directors shall
be filled by the remaining number of the Board
for the xpired term.
ARTICLE VI.
The capital stock of this corporation may be
increased in accordance with the law to the sum
of One Hundred Thousand Dollars.
ARTICLE VII.
No stock holder of this corporation shall ever
be held liable or responable for the contracts or
faults of this corporation in any further sum
than unpaid balance due the corporation upon
the stock subscribed for herein; nor shall any
mere informality in the organization have effect
Of rendering this charter null and void of
posing stakeholder to any liability other than
herein provided.
Thus done and signed in the City of New
Iberia Parish of IBERIA State OF Louisiana, In
tho presence Messrs Max Levy and j. NJ Perry,
good and com etent witnesses who have hereun.
to signed as such together with said appearers,
and me. Notary. on this month and year first
above written after due reading of the whole
SO NUCKOLLS,
JNO. j. KNIGHT,
VIM WREN,
Witnesses:
Max Levy,
j. NJ Perry,
1T. DULANY, Notary Public.
/, A. Gonsoulin, Clerk of Court and ex-of-
ficio recorder In and for the Parish Of iberia,
Louisiana. do hereby certify that the foregoing
is q true and exact copy of charter on file In my
office to be recorded In Book of Charter No. l,
folio -
In faith Whereof have hereunts set my hand
and seal of Office this 9Th day Of March, 1917.
J. A. GONSOULIN,
Clerk Of Court. Iberia Parish