The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1917-05-18
CHARTER
OF THE
WELSH OIL CORPORATION, INC
OF THE


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, a 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 Louis ana 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 /.
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 1897 years
from the date hereof, unless sooner
dissolved according to law. Service
of legal process shall be made as the
law directs.
i ARTICLE II.
The domicile of sad corporation is
hereby fixed at the Town of Welsh,
Parish of Jefferson Davis, State OF
Louisiana.
II 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:
i Q) To acquire by purchase, lease
or otherwise, and to own, control ana
develop real estate, wherever situated
in the State of Louisiana.
(2) To engage in the business OF
prospecting for petroleum and pro-
duc'ng, refining, storing, buying, mar,
keting and selling petroleum and all
of it's by-products, gas, sulphur, sal'
and other valuable minerals.
j az To drill or otherwise sink wells
shafts, mines or excavations in search
for minerals;
az To lay, construct, own and op
crate pipelines, storage tanks tram
WAYS, railroads. boats, barges OF
, other means of transporting SAT-
products, tank-cars, pumping sta
tons, steam plants and other machln
erv. equipment or apparatus neces
I sarv or incidental to any business II
which this corporation may be au
thorized to engage, and in connectlol
herewith to acquire or lease land
and rights-of-way for said purposes
~ To acquire mineral leases o.
real estate and to operate the same Il
accordance with the terms OF sue
contracts, and to enter into CONTRACT
of lease for drilling, operating, an
developing the real estate belongin
IN others for the production there
from of any and all minerals that ma
be therein deposited;
4 (6) To construct, own, acquire
lease oil refneries and all building
/ machinery, equipment and apparatr
necessary or useful in conducting an
| operating the business OF reflmn
petroleum;
IN Generally to do and per1orI
anv and all things that may be niece
sarv or advantageous in conductlr
any business hereby authorized.
ARTICLE ~.
The authorized capital stock
this corporation is fixed at Thirt
six thousand ($S6,OOO,OO) Dollars. d
v;ded into and represented by thr
hundred and sixty (36O) shares
the mar value of One Hundred ($lO'
OO) Dollars each.
- wv ARTICLE v.
>" The officers of said corporate
= shall be President. Vice Pre-
X dent, a Secretary and Treasurer I
Y Offices of Secretary and Treasul
y NAV be he'd by one and the sal
g person at the same time, at the pief
X ure of the Board of Directors.
- ARTICLE vi.
Y All of the powers of this organic
q tons shall be vested in and exercls
q nv a Board of Directors to be co
K posed of seven (7) stockholders,
y majority of whom shall constitute
q quorum for the transaction OF a
e business. Until the first ann
X election of directors as hereinaf
X provided, the following shall cons
y tute such Board, to-wit:
g Erastus H. Boiling, William
X Taught, Arthur T. Jones, William
X Gabbert, Simpson o. ScOggins 9
y r. R. Arceneaux, all residing in
g Town of Welsh, Parish of Jeffer'
\ Davis, State of Louisiana; and Hel
x w. LAM, resident of the City
Y Lake Charles, Parish of Calcasi