The herald. [volume] (New Orleans, La.) 1905-1953, 1917-05-31
IMMINENT
OF THE CHARTER OF TIE NATIONAL
SULPHUR COMPANY, INC.
United States 0i America. State Of Lou y
ana, Parish Of Orleans. l;y o. New or

OF THE CHARTER OF TIE NATIONAL
SULPHUR CoMPAE ~. lNC. 1or;.,.
ana Parish Of Orleans. G;y o. New Or
Be It known. that On this The seventeenth
d4y Of the month Of April. IN the year Of
Our Lord. one thousand, nine hundred and
seventeen. and of the Independence OF the
United States Of America the one hundred
and forty-ti-sc. before ne, Alexis Bran, a
notary public duly commissioned and quail
ned, within and for the Parish OF Orleans,
State OF Louisiana, therein residing, and =.
..e presence Dt the witnesses neTelna''e
appeared NJ William F. Luck and NJ:
| F W Gaudn. residents OF The Parish OF
| Orleans. State Of Louisiana, Of tul age.
! herein appearing and acting IN thelT capd'
| cities a, President and Secretary, respect.
| ively. OF the meeting Of the stockholders OF
| the National Sulphur Company, Incorporated
A Louisiana corporation douiciled IN the city
| OF New Orleans, organized by act passed pc
| fore the undersigned notary, on Ma7ch u,
! 1917. and pursuant 10 a resolution OF etti
Stockholders meeting convened on the lota
tay of April. lgl7, Ceruned copy OF when
| minutes Is hereto annexed as part hereof
| Who declared, that al general meeting OF
the stockholders OF said corporation, con
vened on the 10th day OF April, 1917, when
| had been convened FOR that especial purpose
| IN accordance with law, Article ~ OF the
| said charter Of said corporation was amend
ed 50 as 70 read. follows, to-wlt;
| Article IV.-The capital stock OF TINS
corporation IS hereby hxed at two hundred
| thousand dollars l$NOOtCOO. divided into
| and represented by forty thousand shares OF
| the par value OF five dollars each; with the
| :, g!lt to increase said capital stock 20 no'
| more than five hundred thousand dollars
! lSS0OOOOl. upon complying with the re-
| quisites OF the law.
The said stock shall be divided into two
| classes, preferred and common. The pre-,
! fe-~ed stock shall consist OF thirty thousand
shares. and the common stock Of ten thou
sand shares All stock OF the company
whether preferred n common, shall have th5
! sane voting power, that = to say, eacT
share OF stock shall be entitled 10 one vote
upon questions coming before stoGShoiders
meetings The preferred stock shall be en-
titled TO receive seven-elghthS Of the diVi
bends declared by the said corporation, AM
10 seven-eIghrhs OF the net Proats and o
| the assets OF the company upon the dIssolu
ton OF the corporation; that IS 10 say uPo'
the declaration of any dividends az any tim
by the said corporation, seven-els1tAs mere
!; Of Shall be set aside and diStrI buted pro
rata among the holders Of the SAID preierre
, stock. and oue-cghth thereof shall De DIS
trIbu.ed among the holders OF the SAID CON
mon stock: and likewise upon the disso!utlo
, OF the said corporation at any time, all q
the assets and things OF value then belong! 4
% said company shall be distributed N IN
proportion Of seven-eighths to the holders
= the preferred stock, and one-eIghtA 70 u
, holders OF the common stock.
nj The subscriptions opposite the signature
; Of the subscribers 70 this charter show M
: the entire amount OF me CdPtL s-'NN ''
1 been subscribed The said subscriptions al
: 10 be paid for by the said subscribers by II
= transfer and delivery to this corporation,
: the placer and uOn-netallic mineral Hgh
y following tO.wlt: 49,. 49,
p rights 10 which the original locator and al
. pllcant therefor Is entitled under the pr
!; visions OF the mining law, adopted oy Il
|. regular session Of the Thirty Third Leg-
-. la.u-e of the State of Texas, Chapter Il
: Acts Of 1918 upon two hundred acres OF lam
situated partlv in the West Half OF the We
$ half OF Section No. p, and partly IN n
;. north half OF Section No. p, Block No. Il
: Public School land, in Culberson Count,
n Texas; the said two hundred acres OF ian
: consisting OF five mineral claims designate
/ a. Willis No. !. Willis No. ?, Willis No.
,. Mills No. ! and Willis No. 5, OF forty acre
each: said Willis Claim No. being locate
4 partly in Section - and partly IN Sect it
=. d and the remaining claims, 10 wit; MI.
!. n. ; Willis No. !. Willis No. and Will
: No. being located entirely in Section ?
. Block ll5. as per field notes and plan OF q
n said mineral surveys and claims mac
. ". ?. Thaxton, Surveyor OF CI aIe
!. County, Texas, dated January 3lst' lS7, Q
: hle in the records OF the General Land Orhc
;. az Austin, in the State OF Texas.
> said lands are dry rolling prairie, uniH
A proved. and are supposed TO contain Sulphu
), oil and other minerals. The said mine,
:, rights on said lands have been appraised
(. the board OF directors hereinafter named,
4 the full value o: two hundred thousand do
/. lars (S200,0OO.0O).
!, All shares OF stock Of this corporation sha
n be fully paid and worcestershire.
e The whole as will more fully appear
!, reference 10 the annexed certified copy.
!. the minutes OF said stockholders meetIn
"a And the said appearers having request'
&. ne. notary, to put, the said amendment
A. authentic form, i no. o. nsse enS -
re ceive said amendment N the te0 q q