The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1918-01-11
CHARTER or INCORPORATION
OF
LOUISIANA CENTRAL OIL CO.
incorporated
tIncOrp0ratedl
State Of Louisiana,
Parish of jefferson DAVIS

~ of the General Assembly OF the q
,sgte Of Louisiana for the year 1914 ~
md the general laws Of Louisiana not ~
in
Inconsistent Herewith, do hereby COW h.
.nant, agree and bind themselves ana t!
such other persons as may hereafter
become associated with them, and their 81
to the following terms ana t
stipulations, which they adopt aS their a
tOWit: S
ARTICLE |. t
The name and style OF this corpora v
ION shall be LOUISIANA CENTRAL |
OIL COMPANY, Incorporated, ana
Dnder this name and style it Shall nave
nd enjoy all the rights granted to cor
porationS under the laws OF the state
If Louisiana, ard its dOmlclle Shall De-
and is hereby, fixed in the town OF ]
Welsh, in the parish of Jefferson DAVIS
and State of Louisiana.
ARTICLE II.
ThejObjeCtS ana purposes OF thlS COZ
nUraton,a land the nature OF the business
to be transacted ,ands carried on by it
are declared to be as follows;
Topurchase, take or lease or other
wise acquire, mines, oil or mineral
rights or privileges, or lands IN Inc
state of Louisiana or elsewhere Tor Inc
development of natural gas, oil, petro-
leum, coal, aSphaltum, salt, sulphur,
ore, metal and mineral substances or
any interest therein; to explore
open, work, or in any manner
turn the same to advantage; trans
port and prepare petroleum, OILS
asphaltum, and mineral substances
OF any and all kinds; to buy, ship, sell
and deal in oils, minerals, plants and
machinery. implements, ConVenlenceS
aud provisions, and things capable OF
Eelng used in mining operations, or re
& quired by Workmen or others employed
- by this corporation; to construct, carry
out, maintain, improve, manage, controi
"a and superintend any road way, tram
= way, pipe line, tanks reservoirs, ware
= houses, waterWOrkS, crushing WORKS
i or any other works and Convenlences
= that may be directly or indirectly con
- duCtive to any of the objects and pur
:, poses of this corporation; to purchase
y acquire, lease, control, operate, sell ant
= dispose to any such person or persons
= corporation or corporations and at Sucl
= price and on such terms and condition
= as to this corporation may seem proper
<. water rights, improvements and butld
s. ingS for mining and for the uses an
- purposes incident thereto: to purchase
=; lease or otherwise acquire all or an
'S3 part of the business or liabilities OF an
- person, firm corporation or aSsociatlo
"a engaged therein or holding any pal
~ in similar objects or purposes; to d
Is any CT all things necessary, SuitabI
Is and convenient and proper for the a
=; CompliShment OF any OF the purposes
s@ the attainment of any one or more
g.. the objects and purposes herein en-
- merated or incidental to the power
NJ therein named, or which may or sha
s.: at any time appear conductive or exp
SSS dent for the benefit of this corporatio
" ARTICLE III.
- All citations, Summones and 9th
~ legal processes shall be served on t
y president of said corporation; and,
81 case of his absence, on the vice pre-
e dent, and, in the absence of both, on {
SS secretary.
" ARTICLEIV.
y The capital stock of this corporate
~ is hereby fixed at the sum of thir
6 thousand dollars ($3O,000 OO), divid
&c into three thousand shares $4,000
q the par value of ten dollars $1,000
u share, which capital stock may be
" creased TO the amount Of fifty thouSa
& dollars $50,0O000). in accordance W
zTss the laws of Louisiana. Stock in t
sS~ corporation may be paid for in labor
1E' other services and in material furni
e7g ed, and in the sale and lease of land
" mineral rights, or good will. as well
z in cash, and the Judgment of the DO;
~ Of directors as to the value OF the pr
~ cry, labor, good will or services
- taken, shall be conclusive. This corp
a. alton is authorized to commence b1
- ness when Onehalf OF the capital ST
sS has been subscribed and paid for in t
" ARTICLEV.
81 The corporate powers of this corp
" alton are hereby declared, except
" may hereafter be stipulated to be VI
80 ed in and exercised by board OF dl
* tors composed of not more than Sc
e2 (7 of its stockholders, which said DO
x shall be elected annually by said ste
u holders on the first Monday in April
gg each year; each stakeholder shall be
x titled to one vote for each Shar
SS stock held and owned by him, and l
z cast his vote in person or by writ
N proxy; and said meeting of stoCkhol(
" shall be preceded by due notice acc
x ing to law to each stockholder at /
~ fifteen days before such meeting;
s. vided, however, that a failure to
.SS said meeting of the stockholders an