The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1917-06-08
CHARTER
OF THE
WELSH OIL CORPORATION, INC.


WELSH 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,
Before me, John T. Hood, a 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 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 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
Iileges 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 al
,, of the rights, privileges and immu
mites granted by the laws of Louis
S lana to corporations of like characte
2 for a period of ninety-ninee (99) year
from the date hereof, unless soone
= dissolved according to law. Servlc
of legal process shall be made as tn
3 law directs.
ARTICLE II.
4 The domicile of said corporation
hereby fixed at the Town of Welsl
Parish of Jefferson Davis, State
Louisiana.
L ARTICLE III.
4 The objects and purposes for whlc
this corporation is organized and u
nature of the business to be carrie
on by it are hereby declared to be
follows: -,
~ To acquire by purchase, lea
or otherwise, and to own, controi al
develop real estate, wherever situat
in the State of Louisiana.
1 (2) To engage in the business
prospecting for petroleum and pr
duc;ng, refining, storing, buying, ma
keting and selling petroleum and
of it's by-products, gas, sulphur 81
and other valuable minerals.
(S) To drill or otherwise sink wei
shafts mines or excavations in scar
for minerals;
(Q To lay, construct, own and
crate pipelines, storage tanks ira
wavs. railroads, boats, barges
other means of transporting s.
products, tank-cars, pumping $
tions. steam plants and other mach
cry, equipment or apparatus nee
sarv or incidental to any business
which this corporation may be
thorized to engage, and in connect
herewith to acquire or lease Ia
and rights-of-way for said purpose
G5l To acquire mineral leases
rosl estate and to operate the same
accordance with the terms OF 5
contracts, and to enter into coh'r'
If lease for drilling, operating,
developing the real estate peloG G
~ others for the production tn
from of any and all minerals tnat
he therein deposited;
(6) To construct, own, acquire e
lease oil refneries and all buildl
machinery, equipment and appar
necessary or useful in conducting
operating the business Oh TEL
petroleum; nor1
anv and all things that may be M
sarv or advantageous IN conou'
any business hereby authorized
~ ARTICLE ~.
The authorized capital stock
this corporation is fixed at In
civ s thousand ($S6,OOO.OO) Dollar:
vided into and represented by
hundred and sixty $500 share re
the mar value of One Hundred "a
! COY Dollars each.
WV ARTICLE V.
The officers of said corpoII
S shall be a President. Vice
- dent, a Secretary and Treasurer
x Offices of Secretary and Trea
y NAV be held by one and the
9 person at the same time, at the
a ure of the Board of Directors.
x ARTICLE vi.
x All of the powers Of this org
q tions shall be vested in and exc
e bv a BOARD of Directors to be