The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1917-05-04
CHARTER
WELSH OIL CORPORATION, INC.

w
United States of America.
State of louisiana.
Parish of } efferson 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 (191O,
Before me, John T. Hood, notary
public in and for said Parish and
State, duly commissioned and quail
fled, 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 Louisiana and particularly of Act
No. 267 of the Acts of the General
Assembly for the year 1914, they
have contracted and agreed, and do
by these presents contract, covenant,
agree and bind themselves as we'll as
such other persons as may hereafter
become associated with or succeed
them, to form and constitute a 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 succession of property and all
of the rights, privileges and immu-
mites granted by the laws of Louis
lana to corporations of like character
for a 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.
ARTICLE II.
The. domicile of said corporation is
hereby fixed at the Town of Welsh,
Parish of Jefferson Davis, State of
Louisiana.
ARTICLE III.
The objects and purposes for which
this corporation is organized and the
nature of the business to be carried
on by it are hereby declared to be as
follows:
(1) To acquire by purchase, lease
or otherwise, and to- own, control and
develop real estate, wherever situated
in the State Of Louisiana.
(2) To engage in the business of
prospecting for petroleum and pro-
ducing, refining, storing, buying, mar
keting and selling petroleum and all
of its by-products, gas, sulphur, salt
and other valuable minerals.
81 To drill or otherwise sink wells,
shafts, mines or excavations in search
for minerals;
(4) To lay, construct, own and OPP
crate pipelines, storage tanks, tram
ways, railroads, boats, barges or
other means of transporting said
products, tank-cars, pumping sta
tons, steam plants and other machin-
cry, equipment or apparatus neces-
sary or incidental to any business in
which this corporation may be au-
thorized to engage, and in connection
Herewith to acquire or lease lands
and rights-of-way for said purposes.
(5) To acquire mineral leases on
real estate and to operate the same in
accordance with the terms of such
contracts, and to enter into contracts
of lease for drilling, operating, and
developing the real estate belonging
to others for the production there
from of any and all minerals that may
be therein deposited;
(6) To construct, own, acquire or
lease oil refneries and all buildings,
machinery, equipment and apparatus
necessary or useful in conducting and
operating the business of refining
petroleum;
(7) Generally to do and perform
any and all things that may be neces-
sary or advantageous in conducting
any business hereby authorized.
ARTICLE w.
The authorized capital stock Of
this corporation is fixed at Thirty
six thousand ($36,OO0.00) Dollars, d.
vided into and represented by three
hundred and sixty (36O) shares of
the par value of One Hundred ($100.-
00) Dollars each.
ARTICLE V.
The officers of said corporation
shall be President. a Vibe Presi-
dent, Secretary and Treasurer. The
Offices of Secretary and treasurer
may be held by one and the same
person at the same time, at the pleas
ure of the Board of Directors.
ARTICLE vi.
All Of the powers of this organiza-
tons shall be vested in and exercised
by Board of Directors to be COM
posed of seven (7) stockholders, a
majority of whom shall constitute
quorum for the transaction of any
business. Until the first annual
election of directors as hereinafter
provided, the following shall consti-
tute such Board, to-wit:
Erastus H. Boiling, William E.