The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1917-05-25
CHARTER
OF THE
WELSH OIL CORPORATION, INC.

OIL CORPORATION, INC.
United States of America.
State of Louisiana.
Parish of Jefferson Davis. =
Be it known, that on this the 18th
day of April, in the year of our Lord
one thousand nine hundred and sew
enteen (1917),
d Before me, John T. Hood, notary
public in and for said Parish and
State, duly commissioned and quail
fed, personally came and appeared
the several persons whose names are
hereunto subscribed, who declared in
the presence of the competent wit
nesses hereinafter named and under
signed, that, availing themselves OF
the provisions of the laws of the State
of Louis ANA and particularly of Act
No. 267 of the Acts of the General
Assembly for the year 1914, they
have contracted and agreed, and do
iby these presents contract, covenant,
agree and bind themselves as well as
such other persons as may hereafter
become associated with or succeed
them, to form and constitute cor
poration, with all the rights and priv
ileges granted, and restrictions i'm.
posed, by law for the objects and
purposes, and under the Articles and
stipulations following, to-wit: .
ARTICLE l.
The name of this corporation is
hereby declared to be
WELSH OIL CORPORATION, INC,
under which name and title it shall
enjoy a succession of property and all
of the rights, privileges and lmmu-
mites granted by the laws of LOUIS
lana to corporations of like character
for period of ninety-ninee (99) years
from the date hereof, unless sooner
dissolved according to law. Service
of legal process shall be made as the
law directs.
6 ARTICLE II.
The domicile of said corporation is
y hereby fixed at the Town of Welsh
Z Parish of jefferson Davis, State o.
n Louisiana.
Il ARTICLE III.
n The objects and purposes for whlci
this corporation is organized and tn
nature of the business to be carried
" on by it are hereby declared to be a
> follows: -.
J. ~ To acquire by purchase, leas
or otherwise, and to own, control an
develop real estate, wherever situate
in the State Of Louisiana.
(2) To engage in the business
prospecting for petroleum ana pr
duc;ng, refining, storing, buying, MAJ
keting and selling petroleum ana a
of its by-products, gas, sulphur D"
and other valuable minerals. -
(3) To drill or otherwise sink wen
shafts, mines or excavations IN seaf'
for minerals; -
(4 To lay, construct, own and o
crate pipelines, storage tanks sr"i
wavs. railroads. boats, barges
S, other means of transporting So
products, tank-cars, pumping $!
lions. steam plants and other machl
= cry, equipment or apparatus nec'
. sarv or incidental to any business
which this corporation may be
tborized to engage, and in connectl
herewith to acquire or lease "a.
And rights-of-way for said purpose
G5l To acquire mineral leases
roal estate and to operate the same
accordance with the terms OF . 81
contracts, and to enter into contra
If lease for drilling, operating,
developing the real estate oelO a,s
to others for the production tns
from of any and all minerals that u
he therein deposited;
(6l To construct, own, acquire
lease oil refineries and all bulldil
machinery, equipment and appars
nscessary or useful in conducting
operating the business OF REM
pet I7S Generally to do and peri
or vs. and all things that may be ne
sarv or advantageous IN conGuc
any business hereby authorized 1tE
~ ARTICLE ~.
The authorized capital stock
this corporation is fixed at In
six thousand ($36,OOO'OO) Doilars ;
S sided into and represented by t
bnnJred and sixty (S6O) share re
tba mar value of One Hundred -
OO) Dollars each.
- '" ARTICLE V.
. The officers of said corpor
No sban he a President. a Vice I
* dent, a Secretary and Treasurer
Y Offices of Secretary and Irea
g. NAV be held by one and the
q nerson at the same time, at the
X IRE of the Board of Directors.
X ARTICLE vi.
q All of the powers of this orgs
q tions shall be vested in and exel
q bv a Board of Directors to be
K nosed of seven ~ stockhOlde
q po;n-;+v If whom shall constit