The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1913-06-27
CHARTER
OF THE
FARMERS, OIL COMPANY, LIMITED.
United States of America,


Davis and State of Louisiana, and IN the
presence of the two lawful subscribing w.t.
nesses hereinafter named. personally came
and appeared, the several persons whose
names are hereunto subscribed, who declared
TO me, said Notary. that, availing themse yes
OF the provisions of the laws generally Of the
State of Louisiana relative To the forming OF
corporations and bodies polite IN law, ami es;
pecially Act No l54 OF the Acts Of the General
Assembly Of the State OF Louisiana for the
wear, A. D. 10u2. they do hereby contract,
agree, and form themselves, rs we'll as such
other persons rs may become associated WIN
them, and their successors INTO corporation
or body pOlitic in law, for the objects and
purposes. and under the conditions ana stlpu-
'"'''' ~ ARTICLE 1.
The name and title of this corporation shall
be FARMERS OIL COMPANY, LIMITED,
and by said name it shall have end enjoy SUE
from and after the date hereof 1t shall have
power to contract, to she and be sned; to have
a SEAL break, alter or abolish the same. Ut
pleasure. Welsh, in Jefferson DAVIS Parish,
the domicile of this corporation. and all
citations, service OF process shall, when
against it, be served on its President, and in
his absence on its Vice-l'resldent, and ~ the
absence of both the President and Vice
President, or their inability to act OH the
Secretary.
The objects and purposes OF the organiz-
alton and the nature and KIND Of the business
to be carried on by it, are hereby declared to
be any ONE or more or all of the following:
To drill, open and work wells or mines for
developing producing and obtaining natural
gas. oil, petroleum, coal, asphaltum. salt,
| sulphur. ore metals and minerals and volatile
substances Of nil kinds and to smelt, refine or
manufacture the oil or minerals found. and
to buy and sell the same III their crude or
| manufactured state
To buy, own, acquire, sell, exchange, lease.
donate. mortgage, hypothecate, and to con,
| tract tn buy, sell, exchange. and lease all
kinds of property, real, personal and mixed,
| and to manage, operate. Improve and develop
| lands, mining claims, mineral rights, oil wells
and other real estate. and the interest and
rights in any of said property, in 80 far as the
same may be incidental to its use, rights and
purposes.
| To buy own. lease, build, erect or rent
buildings, machinery, fixtures and appliances.
| and to maintain, operate and suspend the
same, more especially Tor the storage OF oil,
gas, and the piping OF same To points OF trans
portation by the use OF machinery and appli-
| anceS
TO purchase, lease or hold water rights.
| improvements and buildings for mining, mill
| ing or manufacture; to construct; maintain
and operate works for drainage, sewerage and
land reclamation: to engage Ill and carry on
| the business OF buying and exploring for and
producing, refining, dlstiling, treating.
manufacturing. piping, carrying, handling
and storing oil, petroleum, natural gas, as
phaltum, bitumen and other mineral and
| hydro-carbOn substances, and products OF
all such substances, and for such purpose to
| buy or otherwise acquire, hold and manage
and operate retneries. pipe lines, steam lines
water lines, tanks, manufactures, machinery
and tank cars, and other works, property and
appliances that may be incidental or auxiliary
to said business.
10 buy and sell either at retail or wholesale,
or both, oil of all kinds, crude and refined, and
wood and coal; and generally to do all and
everything suitable and proper for the ac-
compliShment of any one or all OF the pur-
poses, or the attainment of any one or more
or all of the objects or purposes herein en-
umerated, or incidental to the powers herein
named or which shall within such powers and
objects at any time appear conductive or ex-
peditious for the benefit of this corporation.
when not violative Of the Constitution and
Laws of the State of Louisiana.
1t is intended that the objects and purposes
specified in this article except when they are
otherwise expressed shall he separate and
independent OF each oIher. and that one shall
not restrict or qualify the other, and that
SAID corporation may engage in any one or
more or all.
> ARTICLE III.
The capital stock OF this corporation is
hereby fixed at ten thousand s1O,000l dollars
divided into two hundred shares of the par
value OF fifty $4,000 Per share. All stock
property or services rendered, at such time
and in such manner and amounts as shall be
determined by the Board Of Directors OF said
Corporation. and this corporation shall have
the right to commence business whenever
three thousand $4,000 dollars Of its capita
stock have been subscribed.
ARTICLE ".
The powers OF this corporation shall be vest
ed in and exercised by Board of Director.
composed OF not less than three 3) nor more
than five ~ stockholders, to be elected by {
majority OF the stockholders on the first Tues
day IN May OF each wear beginning with the
meeting of the stockholders shall be held.
Until the flrst annual election at the frs
annual meeting of the stockholders as hereir
provided for. the Board of Directors of this
corporation shall he composed of the follow
ing named persons:
Il. I. Weichert, G. E. Carr, A. T. Jones, C
II. Swltzer and F. R. Marsh.
The officers OF this corporation shall cnnsis
OF a President, Vice President, Secretar,
and a treasurer, each of whom shall be stock
holders and shall be chosen by the Board o
Directors and may or may not be members 0
said Board. but shall be under the contro
and authority Of said board; provided how
urer may be held by one and the same person
The general and stated meetings OF tn
stockholders OF this corporation shall be hel
as herein provided for Oh the first Tuesday i
Why VI eacu year, anu special meetings. or tn
stockholders shall be held at such times d
desired, upon the call Of the President. or an
two OF the stockholders, BY giving motto
thereof, at least thirty t30) days prior thoret,
publlshey IN o newspaper OF general circuli
tinn published at the domicil OF this corpor,
ton. or by written notices mailed, properl
addressed to each stockholders last known az
DRESS at least thirty t30) days prior to date
such meeting.
AT all meetings of the stockholders. eac
share of stock. shall be entitled to one vot
and every stakeholder shall be entitled to ca
IN person or by written proxy as many vot,
as he has shares of stock in this corporation
All elections OF shareholders shall be by ball,
prepared and distributed under the supe
VISION OF two commissioners, chosen fro
among the stockholders by the Chalrma
who shall collect the ballots. canvass the r
suits and declare the same Of such election
. elections.
ARTICLE Y.
u AS soon as practical after each annual NEE
n ing OF stockholders and election of (lirecto,
the old Board shall retire and the new Boa
shall assume the duties of their Office, al
meet and elect officers as herein provided fc
but gil officers including Boards of Directo
shall continue in office until their successo
NM have been duly elected and qualified. T.
Board or directors may at any time appoil
20 hire: employ, dismiss or discharge any ago.
employee, manager, clerk, bookkeeper, serva
Z or laDorer. rs Ill their discretion is to the be
4 lhtereSe OF this corporation. A majority
e SAID Board OF Directors shall constitute
q quorum for the transaction of business, "A
the action of any three members of a.
b Board performed in the regular course
their official dntips shall I'M III, J;s,,, - !.