New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-04-29
ARTICLES or AGREEMENT.

WutBE,s. TAr by ays OF Tao entrll association pro-
vide that ~ person % b. allowed to sub.ch 10 the
stock Of go Ao Association" without first sub
-,ribn, 10 an asreou mt IN forn foio~s There ore
this .-r,cmeut mud inns day ~ ono thousand eight
hundred and seventy - between 81 Central As'oc',
ton party Of the fist p.ri, ana - puty tIe con
part win sseih, that in consdola ia OF C uta coy
cIlluts h-rci tai ed
t. TDc party n.st part areca to low the party
OF the second pant 10 >ih,, rbc for share 81 the cI-
tai STOCK Of Ine Central As ociion party of tho niS
part ,..., 49,
party Of tIc nrst par the rchr ~ owned Tor cohfocp
iy tlc party the Jnd part, together with the IN
npon Tie 11t day %. February. 1876. aud 10 accepLI
lease at viii of the Same property ron tHc pa y ol me
cbruary. 1876, unless said L'-nlnoi Lease should
bo sooner terminated by n'ur' nom tho party 81 ht
urf part, ri-ncd writing md signed 10y uui-h ia, o
t., LA,cdtte Committee 81 no part, % tn hr' part
B. Tins party OF The plrt hereby institutes the
party Of tie irst pIrJ - mt b. this irrcyOctnlc
anfr ~ To ma 10 ali purchases cru b oil AMI sale, ~
lin II oil Tor he parry Oi the scrOni part AMI agrees 10
make no purchases sales other than such shaI D.
ma by the parry Of thc r-t part cr tais power and
authority shail be authorized by tc panty O
tine u>t par, P0' idsd tht nO.AIn- ~ ihis Ky ncnt
party of the s,conI part, nn! if tho Parry Of tao
second part engages ~ in9 b'in,SS q" nISi7ihS i'hl
llnS crude OIL IL Is hefcby 'lfal Il ana A." ny
and bctwc % the parties hereto mat ali suca purchases
ami slos snail D. made under Tic direction and control
OF tie party OF The IIr,t pIit.
he party Of Tie FRS part acting through i's Exocn
tive Committee. shan maze puicHises ana saI's OF
aIthu4lo i"rcista aud sAcs 10 be made Tor tIe parry
Of the second part. "ndcr the following Coalitions TO
OF al purchases and salos made by authority of the
pl;ij OF tIr l part, Inc parry Ot tn second pI:i sd
I'''Iid' ia -. Pi"i'i am i ''. 'i.' i o' " 40
o! stocN Ard -! the parry OF the sf3'Hu pa Hs 80 Wy
Woc stock ui the company aotiii Issued AMI 4 h'.d
in trust but such pan clpauon small cease proVdcl TO-,
-t-3si 81 tl premises hclI III Ter ie lease ~ VIII
auird BY The party 81 the second part, sad inisc al
will having b.cD terminated ~ hciciDcuic pOFinod
L. Cron The nr,i Wrin SHAY each ana eve. mouth
the Executive Committee OF the parry 81 tue MS. Iar
10 ascertain tc average prco o all lhc pdch -
safes actually made under thcr authort dirnS Tue
rcr ding month"; AMI u he phi ciS = al crude Oh .ilc
month have DE- nr!1" the dNcfdS" Ice "i al Ploho =
Of crude oil made by an.ho.ity Of iAe parry
m the second pui atIr,s To pay 10 lne
party Of Tue first part tho an rcnce thereon
party rst part to the parry of tne sec
ond part the difference ihooJn and III ,os Of rcnn 81
dnrng sad nonn nave been below ihc average piico Of
sales refined oil made ny AIT Iority OF the pa ~ of
first pare during the sad month"; tte party OF tn
iiJ I7 aud II ";Ic s1i',, If refined oil sh m l1vc
part agrees o pay the difference to to parties Of the rs
part.
D. The rarty Of The second part agrees report daily
To the uariy Of the r4t part III puicas nud sps ma
bt party OF Ge second part, ana agrees tlit hs
counts relating thcrcto well 10 the transportation
h.rt slI N NH Zines he omen TO the iuspecton ~ ne
Executive CoHtleo 81 the party Of tho rsI pant
persons dcsisndtod Dy II vote Of said comn.ttcr.
g. Toe Pany Of t.e first part shall negotiate for tho
pIrt OF tIo second part all railroad aud pipe fegAtA
and transportation cApcDSS, AMI the "a ION ~ the parry
Of The r. part III respect Thereto snail Dn binding upon
the party the SECOND part And al pu cnaso ana sales
authorized by the party ~ the hist part 10 BE- made by
the party Of the second part Sball b. 80 mdie ana all puI
c,cs and sales made by The party OF the first part
the Otnct Of tae parry Of the second part through any
agency tne party of the first part may employ snail be
biniins upon the party OF the arcDnd part.
!. Tue party OF the second part agrees TO pay when
called upon by tho unanimous voL' 81 the Executive
Committee Of the party of the first part suc raaOln
business contemplate Ia be done by the parry OF tnc first
part under tBis agreement stocks bears Ia nr whole
trust. The CENfHAL ssociAuJN,
by j. ID. EOCkAFLLLLR, Pres't.