The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1915-11-19
CHARTER OF
WELSH PETROLEUM COMPANY.
State of Louisiana,

KNOW ALL MEN d. ih'~t'1 ttA1',A--N -
That the several persons whose names are
hereto subscribed have and by these presents
do form and incorporate themselves into
hOdv corporate under the laws OF the state OF |
Louisiana, and particularly under artic!e III.
of the General Assembly OF 1852 regarding
the formation of mining corporations lor the
objects and purposes and under toe coh-
ditions as follows, to-"lt
ARTICLFI.
The name and style of this corporation |
shall be the WELSH PEIROLEtN COM. |
PANY, and under sand name and style II snail
eniOv the rights grSnted 20 corporations
under the laws OF the state OF Louisiana, ana
shall have and enjoy corporate existence Tor |
UpriOd of ninety-nlne years rom the date |
hereof. and as hereinafter provided, unless |
sooner dissolved unde" the PROVISIONS or inc |
laws OF the State or Louisiana, together WIN
the power to have and to use corporate seal,
and to make, alter or break 1t at pleasure.
ARTICLE II.
The domicile Of this corporation is hereby
fIed in the city OF Welsh. jefferson Davis
Parish, Louisiana, where all legal process
shall be served il the manner provided by
law upon the president, or II ms absence on
the vice president, or III the absence OF the
vice presipent, at tbs, ottce OF Sald coTpor'
alton as provided by the statutes OF the State
OF Louisiana.
ARTICLE III.
alton, and the nAule OF the business 10 De
transacted and carried on by II are hereby
declared to be: 10 purchase, take or lease or
otherwise acquire mines, mineral rights or
privileges, or lands IL the state Vi Louisiana,
mr. elsewhere, for the development 81 natural
gas oil, petroleum, asDha!tum, salt, sulphur,
ore. metal and mineral substances or any
interest therein; anu EXPLORE OPEN WORK,
or in any manner turn the same To adVantage;
to bore drill, open, quarry. smelt. rehne,
lnp 1Olf
petroleum, oils, SUI pnur, asphaitum, ore and
mineral substances or any and all KIND; 70
buy, ship, sell AMI deal III Oils, minerals
plants and machinery, implements, cOuVen-
fences, provisions and things capable OF DelHg
used i'll mining operations, Or required ny
WOrkmen or others empluyed by TINS corpor-
alton, to construct, carry cut, MAINTAIN, I'M
prove manage. control amt superlntehn ana
roadway, tram-way, plpe-llne' tanks resel-
yoirs warehouses, water-WoTks, crushing
wnrls. hydraulic works, or any other works
and cOnyenieuces that may be directly or IN
directly conductive OF any Of the objects and
purposes of this corporation: to purchase
acquire, lease, control, operate sell ana 0ls-
nose to any such person or persons, cOrpor.
alton or corporations, and at such prices and
on sucn terms and conditions as 70 thls cor
poratiOn may seem proper. water flgnts', I'M
proyements and buildings for mining ana LOT
the use and purpose incident thereto; 10 puF'
chase lease or otherwise acquire ali or any
part of the business or liabilities OF any per;
SON firm corporation or association engaged
til rein or holding any part IL similar OBJ
: jects or purposes: to do all or anything SUIT
able, necessary and convenient apd proper
for the accomplishment OF any OF the pur'
poses or attainment of any one or more OF the
, objects and purposes herein euumerateq OF
! incidental to the powers therein named Oh
) which may or shall at any time appear con
, ductive or expedient for the benefit OF thl'
corporation.
ARTICLE ".
The capital stock of this corporation l
hereby fixed at FIVE THOUSAND Is, 100000
DOLLARS, to be divided into fifty l5O} share
of the par value of One Hundred $4,000
Dollars per share. This stock may be ISSUED
for cash or for property, labor or service
purchased by or advanced 70 SAID company
t and The Judgment of the Board of directors a
to the value of the property, Labor o
: services so taken, shall be conclusive, pro
e.. vided that no stock shall he issued at los
than par. This corporation Is authorized .
n commence business whenever twenty-five va
Z subscribed and paid for in full. Each shar
of stock shall be entitled to one vote at a.
meetings, to be cast in person or by proxy.
ARTICLEV.
5 The corporate powers of this corporation ar
hereby declared, except rs may be heresfte
stipulated, to be vested In and exercised BY,
2 board OF directors composed OF Blk OF It's Stoct
. holders, which said board shall be elected al
4 nually by the said stockholders on the mrs
Monday of October of each year after the yea
1915 The first board of directors who sha
serve until the first Monday in October A. /
v 1916, or until their successors shall have bee
elected, are hereby declared to be v: !, Go
don, c. ". ABBOTT. X. II. Caller ) W. Iurne
!. H Bowen and c. F. arr. In case OF tn
death or resignation of any of the director
his successor Shall be cho' en- by the remain
c. ing directors. Three directors snail const
tute q quorum for the transaction 0t bushes
ARTICLE VI.
The officers Of this corporation shall conSl
I OF a president and a general manager vlce-pr
sident. secretary and treasurer. The respe
tive officers shall have the powers usna!
gwen to the said officers, and shail serve un
their successors shall have been elected al
a qualified. The president and general mana
er and tie secretary, with the approval OF t
y board of directors, shall have the right pow
i and the authority to enter into ana execute
contracts OF any nature whl2h they may see
e h to make, and to make purchases sales leaS
sub-leases as i'll their judgment may be pl
per.
The officers of this corporation shall be ele
ed by the board of directors at the meetlu
held on the first Monday in October OF ca
year after the year 1915: and the otilc
hereby selected to serve unit the SAID Il
!te Monday i'll October, 1916, are the tolloWl
toWit;
J. H. BOWEN, President.
S. w. TURNER, Nice-President.
r. W fIAiT.IER 80 ,rptarV IL irpGSuI