The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1901-04-29

btht hiiu 'pippfHie urNclupuNul,
That portion which bears on oil com
pallcs Is as follows.
Article G52a. ANY number OF persons,
no, less than three may organize Thorn
selves into a corporation for the purpose
OF storing, transporting, buying and selling
Of oil aud gas. salt. brine and other mineral
solutions la this state.
Article GI2b. The manner and method
OF organizing sucn corporations shall be
the same as provided by law for the or
gahlzation Of private corporations in chap
ter 2 title NM, OF the Revised Ciyll
Statutes OF the state, and the provisions
o. THIS act shalt apply 10 all corporations
already organized Tor any OF tue purposes
Of TINS act.
Article 6i2c. Such corporations shall
power 70 store and transport oil and gas,
brine aud other mineral solutions ami to
make reasonable charges therefor; to buy,
sell ana furnish oil and gas for light,
heat and other purposes; to lay down, con-
siruet maintain and operate pipe lines,
/ tubes. tanks pump stations, connectiols,
nNtules. storage houses and such macnn-
cry apparatus, devices ana arrangements
as may be necessary to operate such pipes
anu pipe lines between different points in
this state; to own, hold use aud occupy
such lands, rights OF way. easements,
franchises, buildings and structures IA
may be necessary TO the purpose of such
corporation
Article csc. Such corporations shall have
have the right and power TO enter upon,
condemn and appropriate tho lands, rights
I o, way, easements and property of any
/ person or corporation. and shall have the
right to lay its PIPES and pipe lines across
/ ana under any public road or under any
/ RAILROAD, railroad right OF way, street rail-
/ road, canal or strcalu In this state, and
/ 10 lay its pipes and pipe lines across Vr
| ulohg and under any street or alley in any
| with the consent aud under the direction
of the board of aldermen or city council
at such city or town. The manner and
! method of such condemnation snail De the
same rs Is provided by law in the case of
| railroads, provided, that such pipes or pipc
! lines shall not pass through or under any
/ cemetery, Churcn or college, school hOus
/ residence, business or store house, or
! through or under any building in this
/ state except by the consent Of the owner
} or owners thereof; aud provided further,
/ that all such pipes and pipe lines, when
/ same shall pass through or over the cultl
/ YAted or improved lands or another, :. All
/ be well buried under ground at least
/ twenty Inches under the surface and sucn
/ surface shall be properly and promptly
! restored by such corporation unless otner-
| WISE consented TO By the owner or owners
! o. such land, provided further, that II
] mol NJ nj lnA tull In In Ft.r
ar nldnp am Tn,ttcult1votSI or nnipnnrnved
/ lands ~ ,niothcr md snch iands shall
! t6erenfter hncon,a cnltivated ar I,nnrcv"d
! sueh pipes or pipe lines shall be buried Dy
! witnIn +, rrnsonnbIn line nftcr notice h,,,
fn,. nYync, ~ s',cb ,o ae ar n,nt ~
/ s,,to ,,,unro iion or my noont tbcrrnfi onG
/ nrnvl1pd further thnt ,Vhnnr,,,'r snrh n na
! or nine line shnil cross nny publIc roma ~
1 highway. railroad street railroad, or STREET
he az bnrind NM ,,,,..d * moi 70 nj ~
/ tcrr win rho IKE ana ocrrnnnnv OF such
| road highway street or alley by the pub
/ he or use aud occupancy of snch rallrtad
| or street railroad hyaihe owner or owners
thereof; and provided further, that such
pipe inc 50 Ibid Stall not exceed eilht
! inches In diamcter,t.
Article G42e. Sdt-t corporation shall have
the right to borrow money to issue stock
| and preferred stock, 10 mortgage ITS fran
| chiSes and property TO secure the puyuii MT
of any debt contracted for any of the pur-
! poses of such corporation, and shall pos
scss all the rights aud powers of corpora.
/ same may he applicable to corporations "
| this character.
/ Article Gl@t, II shall he unlawful for
i" discrin,inate against any person, cor
porutiQl. drnl, association, or place In tho
or In ihc service rendered; but shall re-
/ colYt. store or transfer oil or gns for any
/ person corporation. firm or association
upnn equal TERMS charges and conditions
associations Toy Ike service.
/ Article G43 charter must be prepared
setting forth:
| t. The uamc OF the corporation.
= The purposes for which II Is formed
3, The place or places where It's bust
ness Is TO be transacted
T. The term for which it is 10 exist
s. The number Of It's directors or trus-
tees, ami the names and residences OF
those who are appointecs for the first year.
g. The amount OF It's capital stock if
any. ana the number of shares into which
II Is divided
Article 6lI Thn cbnrter of mn Intcndo
cornorat InI, n,,st Va suIserihpd Nv thrce
or n,nrc mo,sn.s tvo ~ Whom q, Inst
musi he dItizems of thIs state nnd m, IN
he cLpo,vicI~r1, Nv thsm heforN mi oftccr
dniv Huth,riss1 ~ tatn Observation-Disclosures
~ Ihcsdy r,s',i1,I NM nj, riort ~ III,
the n,rnos,n u,,n,ed H., ri,,,ses . nnd . nf
aWtI,Sn nia 30 this chant,er ana titiS NAV
hn snbsrpih,d ~ ~nnrr,nd Nomcn VIVA MAJ
also liz stocLha idcrS nfncerS NM directors
tncrrof s aHG ,h,,ir' nnts contrarts ana
d,eds SION 10 ~ hinainc ond ofTcrtfvc TN
Hi thS ,nrroses ~ LID NORTHUMBERLAND ~
IL ,hny 49, $3.50 a,,1 I'M tcinfnr' o,1
consnoi Wy MI, :, is,nas Ind nri,,y ~
nniDntio,,s ,,rs,,tn mi annrt fro,, then,
SNnU No. t trs,tts,,1 ~ 'f'' ''N'' ~ "
Ar,,. ~ ~, ~ 'Vlu ,'.S oh.,,o, sb,l ther,.
u,on ,S all T., th s y'.,' ~ ~, sscret,r,
az st,tc ~ stsu ,sani ~, sane ~