New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1917-04-07
Act of Incorporation Of
the DEALERS OIL & PIPE
LINE COMPANY, INC.
State of Louisisns, Parish of Iberia.


Be 1t Known, that on this 9th ot the month OF
March, A ID 1917, before ne, l. T. bulAny a
Notary Public In and for the Parish of Iberia,
State of Louisiana personally came and appeared
y. o. NuckolIs. Jno. Knight and William Wren,
each of whom declared to me. Notary, in the
presence of the hereinafter named and under
.ianed competent witnesses that, awaiting them
selves of the provisions of Act No 267 of the
General Assembly OF the State Of Louisiana for
the year 1910. well as the laws OF the State of
bouisisnain general relative to tho creation OF
corporations. they do hereby form themselves
into and constitute a boGy polite in law and
adopt the following articles as charter to gov
ern themselves and successors and others As III Ay
become associated with or succeed them
ARTICLE
The name and title Of the corporation shall be
TIE DEALERS OIL & PIPE LINZ co INC.
under which name and title il shall enjoy sue
eession of property and all rights privileges an
immunitiss 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 the business to be
carried on by it are declared TO be: Touudsrtake
explorations for the purpose of discovering oil,
gas, sulphur or other minerals, to operate oil,
gas or other mineral wells mines to engage
in the buying and selling Of oil, gas and other
minerals so acquire, construct, and operate pipe
lines, tramways, storage plants, barge
lines, loading stations and all things connected
with or appertsiu,ng to the production, storage
sale disposal and transportation Of oil gas, or
other minerals, with authority to acquire or
despese Of lands by purchase, lease or otherwise
such franchises as may be necessary for con-
nected with the conduct of the business herein
above GU timed and generally TO do all the things
necessary for or incident to or conaected with
said business in any Of its departments.
ARTICLE III.
The capita stock of this cor poration is fixed at
Twenty Five Thousand 1928, 900 0o) Dollars,
divided into and represented by Five Hundred
500 shares of Fifty Dollars $50 oo) each.
This corporation shall be authorized to com.
menee business as soon as Twelve Thousand
Five Hundred Dollars t%12, 500.0Ol of its
capital stock shall have been subscribed and paid
for, the remaining portion OF the authorized cap
itsl may be issued from time to time and in such
a manner a. the Board of Directors may deem TO
be the best interest Of said corporation.
The names and post Office addresses of the
subscribers to these articles of corporation and
the number Of shares of stock which each of its
holders hereby agree TO take and pay for rs fol-
lows:
q O. Nuckolls. Now Iberia, La, "a 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 a 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
annu 81 meeting of said stock holders to be held
on tho First Wednesday of April 1917. Until
the first meeting of said stock holders the d.
rectors Of this corporation are declared to be: B.
0 Nuckolls, Jno. J knight, William Wren.
The officers Of this corporation shall be = Pres
ident and Secretary. Treasurer who shall be
cleo ted from the directors. and Immediately fol-
lowing the annual election hold by stock holders.
Until the election to be held on the First We'd
nesday OF April 1917 the following shall be OFF,
GERS of this corporation:
3. 0. Nuckols, President; John J. Knight,
Secretary. Treasurer.
Any vacancy on tho Board OF Directors shall
be filled by the remaining number of the Board
for the unexpired term
ARTICLE VI
The capital stock Of this corporation may be
increased In accordance with the law to the sum
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 dae the corporation upon
the stock subscribed for herein; nor shall any
mere informality iu the organization have effect
Of rendering this charter null and void or OF ex'
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
the presence Messrs. Max Levy and J. nj. Perry,
good and competent witnesses who have hereun-
to signed a. such together with said appearers.
and me, Notary, on this month and year frat
above written after due reading OF the whole
20. NUCKOLLS,
JNO. j. KNIGHT.
VIM. WREN