New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1917-03-31
Act Of Incorporation of
The DEALERS OIL & PIPE
LINE COMPANY, INC.

|
Be 1t Known that on this 9th of the month OF
March A d 1917, before me- l. T. Dulany a
Notary Public IN and for the Parish Of Iberia,
State OF Louisiana personally came and Il ppeared
5. o. Nuckols ,Jn0. Knight and William Wren,
each of whom declared to me Notary in the
presence of the hereinafter named and under
slaned competent Tltne that, awaiting them.
selves of the provisions OF Act No. 267 of the
General Assembly of the state of Louisiana for
the year 1914 as well as the laws OF the State of
Loulsianain general relative to the creation of
corporations, they do hereby form themselves
into and constitute a booy polite in law and
adopt the following articles as 3 charter to gov
ern themselves and successors and others as nay
become associated with or succeed them.
ARTICLE l.
The name and title of the corporation shall be
TIE DEALERS OIL u PIPE LINZ co. INC
under which pane and title il shall enjoy 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 II.
The purpose fer which this corporation IL
organized and the nature of the business to be
carried on by it are declared to be: Toundertake
explorations for the purpose of discovering oil,
gas, sulphur or other minerals; to operate oil,
gas or other mineral wells or mines; engage
in the buying and selling Of oil, gas and other
minerals TO acquire, construct, and operate pipe
lines, tramways, storage plants, barge
with or appertaining to the production, storage,
sale disposal and transportation Of oil gas or
other minerals with authority to acquire or
dispose 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 it's departments.
ARTICLE III.
The capital stock of this corporation is fixed at
Twenty Five Thousand 1928, 900 00) Dollars
divided into and represented by Five Hundred
5000 shares of Fifty Dollars $3.50 O0) each
This corporation shall be authorized to com
meDce business as soon as Twelve Thousand
Five Hundred Dollars (Sl2 500 OO) of its
capital stock shall have been subscribed and paid
for. the remaining portion of the authorized cap
ital may be issued from time to time and in such
manner as the Board of Directors may deem to
be the best in terest of said corporation.
ARTICLE W
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 fol-
lows:
S o. Nuckolls, New Iberia, La, 81 shares.
William Wren, New Iberia La SO shares
Jno. j. Knight, New IBERIA La SO shares
ARTICLE "
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 held 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 d. |
of this corporation are declared to be: 8. |
o Nuckolls, Jno. Knight, William Wren.
The officers of this CORPORATION shall be Pres
ident and Secretary Treasurer who shall be |
cleo ted from the directors, and imm ediately 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
,ers of this corporations:
s. o. Nuckolls, President; John J. knight,
Any vacancy the Board of Directors shall
De filled by the remaining number of the Board
,Or the uneXpired term.
ARTICLE VI.
The capital stock of this corporation may be
increased in accordance with the law to the sum
If One Hundred Thousand Dollars.
ARTICLE VII.
No stock holder of this corporation shall ever
re held liable or responable for the contracts or
aults Of this corporation in any further sum
han unpaid balance due the corporation upon
he stock subscribed for herein; shall any
mere informalty in the organization have effect
# rendering this charter null and void of ex
losing a stakeholder to any liability other than
erpin provided
Thus done and signed in the City of New
IBERIA, Parish of iberia, State of Louisiana, in
he presence Messrs. Max Levy and J. NJ. Perry
God and competent witnesses who have hereun-
o signed as such together with said appearers
nd me, Notary. this month and year first
bove written after due reading of the whole
SO. NUCKOLLS,
JNO. J. KNIGHT,
WIN. WREN,