The Caucasian. (Shreveport, La.) 1900-192?, 1911-09-21
CHARTER
Purified Petroleum Products Com
pany Of Louisiana, Limited.

do: Before me, George Thurber, a
notary public, duly commissioned
end sworn, in and for said Parish
and State, came and appeared w. d.
Corbin E. W. Hamiter, w. A. Mabry,
Eli Gras, Amedee Gras, L. J. Kerlin,
A l.. Atkins, J. Milo Smith, w. II.
Worsham, +. w. Pals. Il. H. Davis,
p. C. Kane, A. M. Wilder, f. E. Bal
ley, Il. R. Ratcliff, II. II. Balm, H. b.
Miller and George p. Sansing, all
residents of the State of Louisiana
except w. ID. Corbin, who is q resi-
dent of the State of Missouri, who
stated and declared to me notary,
that availing themselves Of the Con-
stitution and laws of the State of
Louisiana, they have formed and
constituted themselves, as we'll as
such other persons as may hereafter
become associated with Them, into a
corporation and body corporate, and
have ordained and adopted as their
charter and act Of incorporation the
following, to-wit:
ARTICLE |.
The name of the corporation shall
be The Purified Petroleum Products
Company of Louisiana, Limited, with
its domicile at Shreveport, Caddo
Parish, Louisiana, and under said
name it shall have and en-
joy succession for a period of nine
Ly-nine 800 years unless sooner dis
solved as hereinafter stipulated. All
legal process shall be served on the
president, or in his absence on the
vice president at The office of the
ARTICLE II.
The object and purposes for which
this corporation is formed are here
by declared to be TO own, acquire,
build and erect plants or factories
for the purpose of refining oil, and
purifying petroleum products under
the Hamilton process, and to pur-
chase, buy or acquire, and the same
TO sell, dispose Of or assign oil, |
either in the crude state or refined, |
and the by-producls Of such oil, and
to that end TO buy, acquire and own
both real and personal property, |
erect, construct or acquire pipe lines
and tank cars or other means Of |
oil or its by-prOducts; |
TO refine crude oil and manufacture
such commodities from the same or
in its crude state, as may be deemed
profitable by the board of directors;
to drill and explore lands for oil, gas
and other minerals; to lease, sub
lease, buy and sell lands, and gen.
orally to do and TO perform any and
everything necessary to carry out
the purposes for which this corpor-
alton is formed.
ARTICLE III.
The capital stock of this corpor- |
alton is hereby fixed at the sum of
one hundred and fifty thousand dol
lars (Si50,00000l, divided into fifteen
hundred shares at the par value of |
one hundred 100000 dollars. each,
and it shall commence business and
become going concern whenever
fifty thousand dollars of the capital
stock is subscribed for and paid in
full. Stock may be issued for money, |
received or for services
performed, and when issued shall be |
fully paid and nom assessable.
ARTICLE ".
The affairs OF this corporation |
shall be managed and controlled by |
Il board of directors composed Oh |
twelve stockholders who shall be
elected by a general stockholders |
held on the first Monday in |
October OF each year, annually |
and who shall hold their |
offices until their successors are
elected and installed. Until the cleo
ton in 1912 the following shall COM
pose the board of directors of said |
to-wit: +. w. Hamiter,
e. r. Ratcliff, w. A. Mabry, r. H.
Davis, w. ID. Corbin, J. Milo Smith,
f. w. Pals, H. II. Balm, Eli Gras, A.
L. Atkins, A. NJ Wilder and t. j.
Kerlin, five of whom shall consti-
tute quorum. Any vacancy in the
board of directors shall be filled by
the remaining directors eleeting a |
stakeholder to fill out the unexpiredI
term. The said board of directors
shall have the power to make such
rules and regulations or bylaws as
they deem best for the conduct OF
the affairs of the corporation and
shall elect or appoint such agents,
clerks or other employees
as in their judgment may be needed
to transact the business and affairs
Of said corporation, and discharge
the same at pleasure. The omcers OF
this corporation who shall hold Of
flee until their successors are elect