The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1917-12-21
CHARTER or INCORPORATION
OF
louisiana CENTRAL OIL CO.
incorporated
State of Louisiana,
Parish of jefferson Davis
incorporated

that, the SefeIol pSl oO0
are hereunder subscribed, aYalling
themselves of the provisions of Act No.
2s7 of the General Assembly OF the
State of Louisiana tor the year lSl4
and the general laws OF Louisiana HUI
Inconsistent Herewith, do hereby COW
enant, agree and bind themselves anu
such other persons as may hereafter
become associated with them, and their
successors, to the following terms anu
stipulations, which they adopt as thelr
charter, to.wit:
ARTICLEI.
The name and style of this corpora
tion shall be LOUISIANA CENTRAL
OIL COMPANY, Incorporated ana
under this name and style it shall nave
and enjoy all the rights granted to cor
porations under the:lawS OF the state
Of Louisiana, and its domiClIe shall De,
and is hereby, fixed IN the town Oh
Welsh, in the parish OF Jefferson DAVIS
and State of Louisiana.
ARTICLE II.
The objects and purposes OF this cor
poration,and the nature Of the business
to be transacted and carried on by II
are declared to be as follows:
To purchase, take or lease or other
MI, ,cquir,, mines, oil or mineral
rights or privileges, or lands III Inc
stsle of Louisiana OF elsewhere fOr the
) vslou.nent OF natural gas, oil, petrO-
eum, coal, asphaltum, salt, sulphur
! ore, metal and mineral substances OF
! any interest therein; to explore
open, work, or in any manner
turn the same to advantage; trans
Z port and prepare petroleum, OILS
. asphaltum, and mineral substance
of any and all kinds; to buy, ship. sci
: and deal in oils, minerals, plants ant
: machinery, implements, convenience
4 and provisions, and things capable o
z being used in mining operations, or re
: uuired by wcrImen or others employees
E by this corporation; to construct, carr
g out, maintain, improve, manage,contrc
. and Superntend any road way, tran
. way, Pipe line, tanks, reservoirs, ware
8 houses, .waterworkS, crushing work.
y or any other works and convenience
. that may be directly or indirectly col
- duCtive to any OF the objects and pu
poses of this corporation; to purchas
u acquire, lease, control, operate, sell al
q dispose to any such person or person
q corporation or corporations and at SUI
~ price and on such terms and condition
= as to this corporation may seem prope
~ water rights, Improvements and but
~ ings for mining and for the uses a
~ purposes incident thereto. to purcha'
K lease or otherwise acquire all or a
part of the business or liabilities OF a
= person, firm, corporation or associate
q engaged therein or holding any pr
a in similar objects or purposes; to
q any or all things necessary, Sulta
~ and convenient and proper for the
- complishment OF any of the purposes
Sy the attainment of any one or more
SO the objects and purposes herein e
a merated or incidental to the pow
"a therein named, or which may or 81
X at any time appear conductive or e1
~ dent for the benefit of this corporate
81 ARTICLE III.
SD All citations, SummoneS and OF
q legal processes shall be served on
q president of said corporation; ant
X case of his absence, on the vice pr
y dent, and, in the absence of both, ON
" secretary.
60 ARTICLE w.
% The capital stock OF this corpora
q is hereby fixed at the sum OF tn
- thousand dollars (s3O,oOO.Ool, div
y into three thousand shares $4,000
- the par value of ten dollars ($lO.OO)
% share, which capital stock may b
40 creased to the amount Of fifty thou'
a dollars (S5O, 100000. in accordance
"a the laws of Louisiana. Stock. in
90 corporation may be paid for in labo
other services and in material fur
ed, and in the sale and lease OF Lar
mineral rights, or good will. as we
in cash, and the judgment of the b
Of directors as to the value OF the
erty, labor, good will or service
taken, shall be conclusive. This col
alton is authorized to commence
ness when one.half of the capital
has been subscribed and paid for in
ARTICLEV.
The corporate powers of this col
alton are hereby declared, exec
may hereafter be stipulated, to be
ed in and exercised by board of
tors composed of not more than
90 of its stockholders, which said
shall be elected annually by said S
holders on the first Monday in APP
each year; each stakeholder shall
titled to one vote for each Shi
stock held and owned by him, and
cast his vote in person or by Wi
proxy; and said meeting of stockhC