The herald. [volume] (New Orleans, La.) 1905-1953, 1922-11-09
CHARTER OF NATIONAL OIL WORKS
OE LOUISIANA INC

United States of America, State of
Louisiana. Parish of Orleans, City of New
Orleans. Be it known, that on this thirty
first day of the month of October, in the
year of our Lord. one thousand, nine
hundred and twenty-five, and of the In
dependence of the United States of. Ameri-
ca. the one hundred and fortyseventh,
before me, Henry p Dart, Jr., a notary
public, duly commissioned and qualified,
In and for this city and the Parish Of
Orleans, therein residing, and in the pres
ence of the witnesses hereinafter named
and undersigned, personally came and APP
peared the several persons whose names
are hereuntO subscribed, who declared
that availing themselves of the provisions
of the laws of this state relative to the
formation OF corporations, they have
covenanted and agreed, and by these pres
ents do covenant and bind themselves. as
well as such other persons as may here
after become associated with them, to
form and constitute a corporation and
body polite in law, under the stipula-
tions and agreements following, which
they adopt as their charter:
ARTICLE 1.-The name and title of this
corporation shall be National Oil Works
porate name 1t shall have full power and
authority to have and enjoy existence and
succession for q period of ninety nine
years from and after the date hereof; to
use corporate seal. and the same to
break and alter at pleasure; to hold, re-
ceive, lease. purchase and convey, as well
as mortgage, pledge and hypothecate
property both real and personal; to name
and appoint such officers, directors man
ayers, agents, clerks and other employees
as the interest of the corporation may
require; and to make and establish sue
bylaws and regulations for the proper
management, conduct and regulation OF
the affairs of the corporation that may be
requisite and proper and the same TO
change, alter and amend at pleasure.
ooration shall be in the City of New Or
leans, Parish Of Orleans, State Of Louis
lana. and all citations and other legal
process shall be served upon the president
or In his absence upon the vice president
or secretary.
ARTICLE III-The objects and pur-
Doses for which this corporation is es-
tablished and created are hereby declared
TO be to engage in the business of deal
ing In and buying and selling all vege-
table, animal and mineral oils Of what
ever nature. character and kind. the same
may be, and the same to manufacture and
extract from their natural reservoirs or
natural sources. and from the same to
manufacture. distill and otherwise make
all OF the by-products that can be made
and developed from such oils in their
original states, including the right to dis
till and to make and refine gasoline, kero-
sene, coal oil, petroleum and Iubricating
oils, and any other sorts Of oil, and gen
orally to do and perform all things con-
nected with the operation Of the neces-
sary plants and equipment for the ex-
traction OF oils from their original vege-
table, animal or mineral states, and for
the manufacture of all articles and by
products from such oils, and particularly
the conduct OF all Of said businesses and
In any OF Its branches, including the
operation of refineries, pipe lines ware
houses. Oil, gas and other storage tanks
and facilities, and to engage in the gen
eral business of storing oil and all OF the
OF oil oInx
such warehouseman to issue negotiable
warehouse receipts against the com
modify thus stored; to operate oil and
gasoiine stations, to maintain garages
with all its incidentals, and in the main |
tenance and operation Of such gasoline |
stations and garages to buy and sell |
gasoline and all things needful and neces
sary In the operation Of the same: to ac |
stocks and bonds Of other corporations !
and real property, the same to pledge, |
sell. hypothecate and mortgage at pleas |
ure: to acquire any other business of
same to consolidate with or operate in
dependently of itself; and to do and per-
form, engage In and carry on any bust !
hess lawful or profitable to this corpora
ton, incidental to or connected with the |
main purposes thereof.
ARTICLE Iv-The capital stock of this
is hereby fixed at the sum of /
two hundred and fifty thousand $3.50
0O000) dollars, divided into and repre-
sented by two thousand, FIVE hundred
(2500) shares Of stock, Of the par value
Of one hundred dollars ($100.0O) each
Said stock may be issued full paid and
non assessable, for cash or property, real
or personal. or for services rendered. Any
increase Of capital stock hereafter made
may be Issued for cash or the acquisition
Of property. oil agencies or businesses,
or other rights to be acquired by the cor
poEetion, or for services rendered and