The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1918-12-21
! oil, gas or salt.

4. 10 Dullu, COLlStTuCt olu VPct"VN
in connection with the development
and exploitation for oil, gas and
other minerals tramways, switches,
sidings, depots, railroads, steamboats,,
ba:ges and all other business cen
ne,tsd with or incid entail to the
business of producing, manutactdr-
ling or refining of oil, Gas and other
mineral substances.
S. To operate and maintin supply
stores and commissaries and exercise
generally all or any of the powers
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-Flve
Thousand ($75,OOO.OO) Dollars, d.
vided into seven hundred fifty (75O)
shares of the par value Of One Hun
dred ($1OO.OO) Dollars each; pro-
lvided the capital stock of this corpo-
ration may be increased to One
Hundred Fifty Thousand $3.50, OOO,-
OO) Dollars divided into one thous-
and five hundred (15O0) shares OF
the par value of One Hundred
| ($1OO.O0) Dollars each, in accord
ance with the laws of the State of
Louisiana authorizing such increase.
| ARTICLE w.
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 it's own name.
ARTICLE vi.
The powers and authority, except
as herein otherwise provided, of this
corporation shall be exercised by and
vested in Board of Directors COM
posed of not less than three 81 nor
more than seven ~ 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 un-
til the first regular annual as herein
provided for and until their success
sors are duly elected the following
stockholders shall constitute the
Board of Directors of this corpora
ton:
Clayton Mclaughlin, Welsh, Louis
lana
Arthur T. Jones, Welsh, Louisiana
Simpson o. Scoggins, Welsh, Lou
isiana
Erastus H. Boiling, Welsh, Louis
lana
Charles E. Carr, Welsh, Louisiana
Opal Sinclair, Welsh, Louisiana and
James o. Modisette, Jennings, Lou
isiana.
ARTICLE VII.
The officers of this corporation
shall be elected by the Board of Di-
rectors Immediately after each an
nual stockholders meeting from the
members of the Board of Directors,
and shall consist of President, a
Vice President, a Secretary and a
Treasurer, provided the office of Sec
rotary and treasurer may be held by
one and the same person. Until the
first annual meeting Of these stock
holders as herein provided for and
until their successors are duly elect
ed the officers Of said corporation
shall be the following stockholders:
Clayton Mclaughlin, President;
Charles E. Carr, Vice President:
Opal Sinclair, Secretary and
Treasurer.