The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1918-12-07
oil, cas- or salt.

oil, gas or salt,
4. To build, construct and operat
in connection with the development
and exploitation for oil, gas AM
other minerals tramways, switches
sidings, depots, railroads, steamboats,
ba. Ges and all other business cen
Injected with or incld 9ntal tn TIT
business of producing, manufactdr
ing or refining of oil, cas- and othe
mineral substances.
| 5. To operate and maintin suppl.
stores and commissaries and exercise
generally all or any of the power
granted to or conferred upon bust
ness corporations by the laws of the
State of Louisiana.
ARTICLE III.
The capital stock Of this corpora
ton is hereby fixed at Seventy-Fivt
Thousand ($75,OOO.OO) Dollars, di
vided into seven hundred fifty (750)
shares of the par value of One Hun
dred ($100.00) Dollars each; pro
vided the capital stock of this corpo
ration may be increased to One
Hundred Fifty Thousand ($150,000,,
O0) Dollars divided into one thous,
and five hundred (1500) shares Of
the par value of One Hundred
($1OO.OO) Dollars each, in accord,
ance with the laws of the State OF
Louisiana authorizing such increase.
ARTICLE ".
The domicile of this corporation is
hereby declared to be Welsh, Jeffer-
son Davis parish, Louisiana, at which
place the annual meeting of the
stockholders shall be held and all
meetings of the Board of Directors,
unless otherwise waived in accord
ance with law.
ARTICLE V.
This corporation shall have, en-
joy and exercise all the powers and
authority provided by the laws of the
State of Louisiana for like corpora
tons, shall have the right to con-
tract, to sue and be sued, to plead
and to interplead in its own name.
ARTICLE VI.
The powers and authority, except
as herein otherwise provided, of this
corporation shall be exercised by and
vested in a Board of Directors COM
posed of not less than three 60 nor
more than seven CD stockholders to
be selected annually by the stock
holders at the annual meeting of the
stockholders which shall be held at
nine o'clock a. m. on the first Tues
day of December of each year be-
ginning with the year 1919. And I'M
til the first regular annual as herein
provided for and until their success
sors are duly elected the following
shall constitute the
Board Of Directors of this corpora
ion:
Clayton Mclaughlin, Welsh, Louis
ana
Arthur T. Jones, Welsh, Louisiana
Simpson o. Scoggins, Welsh, Lou
siana
Erastus H. Boiling, Welsh, Louis
ana
Charles E. Carr, Welsh, Louisiana
Opal Sinclair, Welsh, Louisiana and
James 0. Modisette, Jennings, Lou
siana.
ARTICLE VII.
The officers of this corporation |
hall be elected by the Board of Di-
ectors Immediately after each an
lual stockholders meeting from the
nembers of the Board of Directors
nd shall consist of President a
ice President, Secretary and
treasurer, provided the office of Sec
etary and treasurer may be held nv
ne and the same person. Until the
rst annual meeting of these stock
olders as herein provided for and
ntil their successors are duly elect
d the officers of said corporation
nall be the following stockholders.
Clayton Mclaughlin, President:
Charles E. Carr, Vice President:
opal Sinclair, Secretary and