The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1916-08-04
CHARTER
of
THE ALLEN OIL COMPANY.

Know All Men by These Present:
That the several persons whose
ronoes are hereto subscribed loi
themselves, and for such other per
SON or persons as may aSsoclate, VI
bcnome associated, with them, nave,
md hv these presents do form ana
; ',l~ themselves into bocy
cornorate under the laws OF the sCaIe
Of Louisiana, and by these presents;
thew do covenant and agree anu ol."
t t selves to the following terms
and stipulations, which they adopt aS
their charter, to-Wlt:
Article l.
Tho name and style of this cor
noratjon shall be: "Ihe Alien Hm
Company, Incorporated" and under DER
his name and style it shall have ana
on iC all the rights granted to cor
rnyot under the laws Of the state e
Of Louisiana, and its domlclle Snall
he and is hereby, fixed IN tne cry
Of welsh, in the Parish OF JEFFERSON
nav;s and state of Louisiana
Article II. ~
The objects and purposes OF tnlS
CORPORATION, and the nature, OIL !nI
6usiness to be transacted and carried
on by it are declared to be as loi-
lows: Lao Nv 9TH
erwise acquire mines, OIL or il III 10 a,
) rights or privileges, or lands IN s tne
.teto If Louisiana or elsewhere Tor
the development of natural gas OIL
petroleum MOI, coal, asphaltum, SALT SUI
) $780, I,,n orc metal and mineral sub,
: Stances or any interest therein; anu
, to explore, open, work or IN any man man.
nor turn the same to advantage
transnort and prepare petroleum
: oils asphaltum, and mineral SUP
: stances of any and all kinds; to BUY
:, shin, sell and deal in oils minerals minerals
Giants Tri and machinery, implements,
conveniences and provisions, and
r things capable of being used in MN
e inc operations, or required by work
+ men or others employed by this cor
noration; to construct, carry out, man
II tain. improve, manage, control anC
e sunerintend any roadway, tramway
e nine line, tanks, reservoirs, ware
houses, water works, crushing works
or any other works and convenience
It that NAV be directly or indirectl!
II conductive to any of the objects ant
4 nurposes of this corporation; to pur
chase, acquire, lease, control, operate
% sell and dispose to any such per.so'
s. or persons. corporation or corpratlon
e and at such price and on such term
;. and conditions as to this corporatlo
" NAV seem proper, water rights, I'm
n movements and buildings for mlnin
n and for the uses and purposes me-
u dent thereto; to purchase, lease Q
- otherwise acquire all or any part Q
n the business or liabilities OF any pei
A son. firm, corporation or associate
ne engaged therein or holding any pal
:, in sibilar objects or purposes; to Q
III all or anything suitable, necessar
re and convenient and proper for the az
ue complishment of any of the purpose
90 or the attainment of any one or mol
- of the objects and purposes here
VI enumerated or incidental to the poV
ri ers therein named, or which may
e's shall at any time appear conducti'
or expedient for the benefit OF Tn
:. corporation.
sn Article Ill.
of All citations, summons and oth
nd legal processes shall be served
The President of said corporate
and, in case of his absence, on Il
Vice President, and, in the absen
of both, on the Secretary.
Article w.
py The capital stock of this corpor
tion is hereby fixed at the sum
-ew Thirty Thousand ($30,000.OO) Dollal
. divided into Three Thousand $500
the Shares, of the par value of I
nee (s1O.OO) Dollars per share, VIII
Ids capital stock may be increased to
lew amount of S5O,OOO.0O in accordar
IDS with the laws of Louisiana. Stock
+. If this corporation may be paid for
get labor or other services, and IN ma
use rial furnished, and in the sale a
for lease of land or mineral rights,
good will, as we'll as in cash, and
Judgment of the Board of Direct
as to the value of the property, Lab
TT good will or services so taken, ST
! be conclusive. This corporation
+ authorized to commence 5usin
+ when one-half of the capita ST
/ has been subscribed and paid for
+ full.
+ Article V.
I The corporate powers of this
i ooration are hereby declared, exc
/ as NAV hereafter be stipulated, to
+ vested in and exercised by board
/ directors composed of not more t
F nine (9) of its stockholders, WI
+ said board shall be elected annu;
{ ov said stockholders on the I
! Monday in January of each year; e
: stakeholder shall be entitled to
+ vote for each share Of stock held
I owned by him. md may cast his
+ in person or by written proxy;
+ said meeting If stockholders shall
n + preceded b, due notice according
t ! law to each stakeholder at least
t { teen days before such meeting;
: I vided, however, that failure to
/ said meeting of the stockholders