The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1904-06-24
STATE OF LOUISIANA,
PARISH OF CALCASIEU.

The name and title Of the Corporation here.
by formed shall be THE STANDARD OIL
| COMPANY OF LOUISIANA, Limited. and it,
dOmicile is hereby fixed at Welsh in the Cal.
casleu Parish and State Of Louisiana.
ARTICLE H..
The object and purpose of said corporation
and the nature of the business to be carried
on by 1t are as follows tO-wlt: To buy, own
sell exchange, mortgage and lease all kinds OF
real estate and personal property, and to make
SuCh improvements as are necessary for the Op.
Grafton and carrying on the business Of the col
poratlon and TO buy, own, lease, build build.
lngs or machinery or other fixtures and appE
anCeS, on such land, that may be deemed neCeS.
| SarY TO conduct the business of the corpora.
| tlon; TO prospect, work and mine any and all
minerals wherever the same may be found
and more especially, salt, sulphur, natural
gas, rock, oil, or petroleum, and to smclt, and
! refine and manufacture the minerals so found,
| to buy and sell the same in their crude and
| manutactured state to erect and maintain all
! bmldlngS, machinery, fixtures and appliances.
maintain and extend the same and build all
pipe lines and other things necessary for the
| transportation Of said products to market.
ARTICLE III.
| Said corporation shall enjoy succession by
its corporate name and shall possess all the
! powers incident to corporation and author
lied by law for the period of forty years from
| the date Of this act.
ARTICLE ".
The capital stock Of this CORPORATION is here
| by fixed at Five Hundred Thousand Dollars
| $500, 100000, divided into Five Hundred
Thousand Shares OF par value of one dollar
| per share. The corporation may begin busl-
| ness at any time that majority Of the direc-
| tors may decide after fifty thousand shares of
| stock have been subscribed. The board of
directors may direct stock sold for the deve-
opment of the comDanys property in such
aODNnntQ q n q TrJoo 4 oka
| mine, and all stock not subscribed for shall
| remain the property of the corporation aud
| shall be treasury stock. The board of direc-
! tors shall, furthermore, have power to dispose
| OF this stock in payment for labor performed
| or services rendered, and in payment of inter-
| est and in actual purchase, leasing or rental
| OF property. The certificates of stock shall be
| signed by the president and attested by the
secretary Hnder the corporate seal of the COM
| pany, and shall not be issued until fully paid
for, and are transferable only on the books Of
the company.
ARTICLE Y,
The capital stock may be increased or de-
| creased at such times and to such an amount
as may hereafter be decided by a two-th1rds
| vote, OF the stock voting at any meeting. All
| stock shall be worcestershire.
ARTICLE VI.
The power Of said corporation shall be vest
ed in the board of directors to be composed of
| seven stockholders to be elected yearly on
| the 9TH day of May of each year hereafter. The
first Board of Directors shall serve until the
! annual meeting in 1905 and thereafter until
| their successors shall be elected and duly
qualified. Ten days notice by registered let
ter directed to the last known address of each
| stakeholder and by publication in newspaper
at the domiClle Of the corporation for fifteen
days shall be tile notice required for the cleo
| ton. Zach share Of stock shall be entitled 10
| a NJ yntp ~
such meetings shall elect. The Board of
| Directors shall annually elect from their num-
Der, president, vlCe-president, secretary,
| an assistant secretary and manager, or as
many managers and under officials as they
| may deem necessary for the purpose Of carry
ing on the business to the best interest of the
| corporation.
All officials shall serve after elected, during
the term OF the Board electing them. Four
members of the Board shall constitute a Ouo.
rum for the transaction Of business.
| The Board Of Directors shall have all neces-
| sary power to make bylaws rules and regula-
tons for the government Of the affairs Of the
| Corporation and to change the same when
| they deem 1t necessary.
Vacancies in the Board of Directors shall he
| filled by the said Board of Directors during
| the intervals between the elections. In All
elections in which stockholders are entitled
| to vote each may vote his stock in person or
! by written proxy. All citations or legal pro-
his absence on the vlce-preSident, and in his
| absence and that Of the president, on the sec
| rotary.
ARTICLEVII
| This charter may be amended or altered or
the said corporation may be dissolved by a
vote of the Stockholders owning three-fourtbs
| of the Stock at a meeting called for the pur-
| pose after thirty days notice by registered
letter and published in newspaper at the
Il nFtIR n hn
| ton or dissolution Of the corporation, its af-
fairs shall be liQuidated by three commission
erS who shall be appointed by the StOckhold-
| ers from their number.
A majority vote of the Stockholders shall
| elect such commissioners and shall establish
the terms and manner Of such foundations
and shall make and define the powers, dutips
and emOlumentS OF such commissioners and
the manner in which vacancies in their num-
Der shall be filled If such occur
ARTICLE VIII
The corporation shall own and use a cornor-
alton seal and shall havepO to break and
alter the same at pleasure.
ARTICLE TX.
The president shall be tile executive officer
and shall preside when present. at all meet
ings, and is hereby authorized to act for said
corporation, to sign all deeds acts convey
anCes, mortgages, leases, pledges, or receive
the same in the name Of the corporation when
authorized by the hoard of directors, He
| shall be the duly authorized party and repre-
sentative of the Corporation'tO institute suits,
to defend the same and execute bonds and
generally, to take all necessary steps to secure
protect and defend the rghtsoof said corpor-
alton. The vlce-presldent shall act for the
president when he is absent and all acts Of the
viCe.president done in the absence of the
president shall have the same force and power
! as though done by the president.
The secretary shall keep the records of the
corporation, the minutes of the meetings of
the stockholders and OF the board of directors.
He shall Sign with the president all acts of
mortgage and cOnveyances. The assistant
secretary shall act for the secretary in his alb
ISenCe.
% The treasurer shall be the custodian of all
| funds Of the corporation and shall pay them
out only on the order of the president and
| secretary of the company.
ARTICLE Y.
| No stakeholder of such corporation shall
| ever be held liable or responsible for the con-
| tracts or faults of such corporation in any
further sum than the unpaid balance due such
corporation on the shares of stock owned bv
him as fixed and determined by said board Of
| directors, and no mere technical informality
| +l,nn - 4 Il