The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1913-07-04
CHARTER
OF THE
'ARMERs OIL COMPANY, LIMITED.
States Of America,

United States of America,
State of Louisiana,
Jefferson Davis Parish.
Be 1t known aud Remembered, That on
on this Ind day Of June. A. ID. 1918. Before
Me, II. Albert Davidson, Notary Pubic,
said and above named Parish of Jefferson
Davis and State of Louisiana, and in the
presence Of the two lawful subscribing wit
nesses hereinafter named. personally came
and appeared, the several persons whose
names are hereunto subscribed, who declared
to me- said Notary, that, availing themselves
OF the provisions of the laws generally OF the
State OF Louisiana relative to the forming OF
pecially Act No. 154 of the Acts Of the General
Assembly of the State of Louisiana for the
year, A. d. 1902. they do hereby contract,
agree and form themselves, as well az such
other persons rs MA. become associated WIN
them, and their successors into corporation
or body politic in law, for the objects ana
purposes. and under the conditions and sIipu-
lations ass follows
be FARMERS Oil COMPANY, LIMITED,
and by said name it shall have and enjoy sue
cesson for d period of ninety-nine 900 years
from and after the date hereof. 1t shall nave
power to contract. to sue and be sned; to have
a seal. break, alter or abolish the same. at
! pleasure. Welsh, in Jefferson Davis Parish,
! Louisiana is hereby chosen and selected as
the domicle of this corporation, and all
citations, service OF process shall, when
his absence. on its Vice-President. and IN the
absence of both the President and Vice
President, or their inability to act. on the
| Secretary.
The objects and purposes Of the organic
| 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 in 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 propertr, real, personal aud 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 NJ said property, III so far as the
same may be incidental to its use, rights and
To buy. own. lease, build, erect or rent
buildings, machinery fixtures and appliances,
and to maintain, operate and suspend the
same, more especially for the storage OF oil.
gas, and the piping OF same to points OF trans
portation bv the use OF machinery and appli-
ances.
10 purchase. lease or hold water rights,
improvements and buildings for mining, mill
and operate works for drainage, sewerage and
land reclamation; to engage i'll and carry on
the business of buying and exploring for and
producing, refining, dlstilling. 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 retineres. 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 aud 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-
complisbment 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-.
B 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 violatiye Of the Constitution anC
Laws of the State OF Louisiana.
A 1t is intended that the objects and purpose.
specified in this article, except when they ar,
4 otherwise expressed shall be separate anC
\ not restrict or qualify the other, and tina
y safe corporation may engage in any one o.
- 49, ARTICLE III.
The capital stock OF this corporation j
hereby fixed at ten Thousand (s10,000) dollar
\ divided into two hundred shares of the Do
value of fifty ts50.00) per share. All stoc
shall be paid for in cash or its equivalent il
property or services rendered, at such tim
and in such manner and amounts as shall b
determined by the Board OF Directors of sal
Corporation. and this corporation shall hav
the right to commence business wheneve
three thousand $4,000 dollars Ut its capAs
stock have been subscribed.
ARTICLE ".
The powers of this corporation shall be ves
ed in and exercised by Board Of Directo,
composed OF not less than three G3) nor MOI
than five (5) stockholders, to be elected by
majority of the stockholders on the first Tue.
day IN May OF each year beginning with tn
year A. ID. 1914. on which day the annui
meeting Of the stockholders shall be held.
Until the first annual election at the fir,
annual meeting of the stockholders as herei
provided for, the Board of Directors of tn
corporation shall be composed the follow
ing named persons:
Il. r. Welchert, G. Z. Carr A. T. Jones,
Il. Swltzer and F. r. Marsh
The officers OF this CORPORATION shall cans
of President, Vice President, a Secretal
and Treasurer, each of whom shall be stool
holders and shall be chosen by the Board
Directors and may or may not be members ,
said Board. but shall be under the cpntr
and authority of said board; provided, no,
ever that the offices of Secretary and Urea
urer may be held by one and the same persa
The general and stated meetings OF Il
stockholders OF this corporation shall be he
as herein provided for on the first Tuesday
May of each year, and special meetings of ii
stockholders shall be held at such times
desired, upon the call of the President. or a
two OF the stockholders, bv giving mott
thereof, at least thirty t30) days prior thore!
publishey in q newspaper OF general circul
ton published ct the d0micil of this corpor
ton, or by written notices mailed. prope.
addressed to each stockholders last known q
dress. at least thirty t30) days prior to date
such meeting.
At all meetings Of the stockholders. ca
share of stock shall be entitled to one vo
and every stakeholder shall be entitled to CT
in person or by written proxy as many vol
as he has shares of stock in this corporate
All elections of shareholders shall be by ball
prepared and distributed under the sup
vision OF two commissioners. chosen frt
among the stockholders by the Charm,
) who shall collect the ballots, canvass the
suts and declare the same OF such election
E1 ARTICLE v.
ly AS soon as practical after each annual me
" ing of stockholders and election of tiirecto
the old Board shall retire and the new Boa
shall assume the duties of their Office, a
meet and elect officers as herein provided
but all officers including Boards of Direct
shall continue in office until their success
an have been duly elected and qualified 1
Board OF Directors may at any time appoi
3;.,l