The Rice belt journal., 1917-05-11
CHARTER
OF THE
WELSH Oil CORPORATION, INC.

Be it known, that on this the l8tl
day of April, in the year of our Lore
one thousand nine hundred and sev
enteen (191O,
Before me, John T. Hood, a notar,
public in and for said Parish ant
State, duly commissioned and quail
/ fled, personally came and appeared
| the several persons whose names arr
Ihereunto subscribed, who declared il
the presence of the competent wit
Inesses hereinafter named and under
signed, that, availing themselves o.
the provisions of the laws of the State
of Louis ana and particularly of Act
No. 267 of the Acts of the Genera
Assembly for the year 1914, they
have contracted and agreed, and de
by 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 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 I.
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:
% 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.
(3) To drill or otherwise sink wells,
shafts, mines or excavations in search
for minerals;
(4) To lay, construct, own and op-
crate pipelines, storage tanks, rram-
ways, railroads, boats, barges or
other means of transporting said
tank-cars, pumping sta
ions, steam plants and other machin-
9ry, equipment or apparatus neces-
'ary or incidental to any business in
which this corporation may be au-
,horized to engage, and in connection
herewith to acquire or lease lands
ind rights s-of-way for said purposes.
(5) To acquire mineral leases on
'eal estate and to operate the same in
accordance with the terms of such
ontracts, and to enter into contracts
# lease for drilling, operating, and
developing the real estate belonging
o others for the production there
rom of any and all minerals that may
,e therein deposited;
(6) To construct, own, acquire or
ease oil refneries and all buildings,
equipment and apparatus
eeessary or useful in conducting and
perating the business of refining
etroleum;
(7) Generally to do and perform
ny and all things that may be neces-
ary or advantageous in conducting !,
ny business hereby authorized.
ARTICLE w.
The authorized capital stock of !,
his corporation is fixed at Thirty
x thousand ($96,OOO.OO) Dollars, d.
ided into and. represented by three !
undred and sixty (36O) shares of {
lie par value Of One Hundred ($100.-
D Dollars each.
ARTICLE V.
The officers of said corporation
nall be President. Vice Presi-
ent, a Secretary and Treasurer. The ,
ttices of Secretary and Treasurer =
lay be held by one and the same
erson at the same time, at the pleas. .
re of the Board of Directors. 7
ARTICLE vi. s
All of the powers of this organiza- I
ons shall be vested in and exercised O
Board Of Directors to be com. Il
'sed of seven (7) stockholders. a J
ajority of whom shall constitute a p
forum for the transaction of any k
lsiness. Until the first annual il
ection of directors as hereinafter a
divided, the following shall consti. Il
te such Board, to-wit: p
Erastus H. Boiling, William f.
'ught, Arthur T. Jones, William 3. c
ALBERT, Simpson O. Scoggins and n
~ Arceneaux, all residing in the 81
wn of Welsh, Parish of Jefferson e.
WIS State of Louisiana; and Henry d'
LAM, a resident of the City of ,
ke Charles, Parish of Calcasieu fl
ate of Louisiana; al
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