The herald., 1920-03-18
CHARTER.

ern Oil and Refining Company INT
ARTICLE 1.-THE objects ana PURPOSES
for which this corporation Is orS'hiNu "'~
hereby declared to be: ,,.-,,,.o
Gar To refine. market ana uistripu.e
crude oil. or petroleum, anu an Vi o.
products; to locate, puTchase' I' aHe
otherwise acquire and to sell. mortgage
or otherwise dispose of Lands tOh'aiTlnS
or believed to contain petroleum. OIL V
natural gas, or either OF theil anu
drill or prospect for or produce Ih' o
TO purchasc lease or otherwise acquire
and to sell mortgage or otherwise uiSPoSr
Of developed or producing OIL anu EaS
properties or the products OF su'h vi VI
gas properties: to purchase pr"uu,'; IN
fine. sell and distribute petroleum anu an
of the products and by-productS thrreol
TO buy sell or otherwise dlSpOS" Oh anu
manufacture all kinds OF linnlhaIinE'
burning and haating oils, ana HaSoilnSS;;
nartha. lubricants EreaSes. waves anu an
other products and by-productS OF Pc
troIpum; TO act ~ broker or agent lot
others in all of said acts.
(b) To carry on the business oil ~"
Inc drilling or prospecting for. mining
producing. refining. manufacturing. PIP,
ing huying and selling petroleum. Hatmral
and artificial Ga>. CASING hrau Ea ,4,,"
naphta. and any and all other Pro"u''>
aud by products thereof.
Co To acquire. own, enter OF it'I,
mines and mineral lands OF every hluu.
nature and description: aI>" 10 ACQUIRE,
| own. enter. lease. sell. asSl:n, transfer OF
1 81
rights aud terminal facilities; TO work:
| prospect or develop mines ana mineral
| lands of every nature or description elth'E
for itself or other companies. corporations
| or individuals upon such terms anu loI
| such remuneration as it shall deem tt ana
| proper. and TO accept. take ana hoiu HllH
| rral lands and claims of every klnd ana
nature either as AN entirety or any por-
| tion thereof.
| (D To build, construct. equip. main
| tain own. control. lease or otherWiS" ar-
| uUirr. AMI To operate all necessary tanks.
! tank ears. pipes and pipe lines. 'otnprrS-
| SorS separating plants. rchncrleS, bulld-
| ug> and warehouses. and III" necessary
fixtures ana equipment thrreuntO oblaih-
ing and other and all means OF rehhlhS'
! storing saving conveying. transporting.
| exporting or marketing petroleum, oil ana
| gas or the crude or refined products OF
| either: and to do any and all other acts
| and things necessary a. a broker or agent
in The marketing or sal" OF petroleum pro-
ducts. property or its allied lines.
(rI To acquire. own and operate such
machinery. apparatus and appliances as
may be- necessary. proper or incidental
4 To- the mining. production and develop
mrut of lands for petroleum oil. natural
gas and other minerals, or for any OF the
purposes tor which this corporation Is or
ganiZed.
% TO Manufacture. erect build, fur
niSh. construct. hold own. operate" export
import. lease. rent. hire. buy, sell and gen
orally deal in aS principal, agent or fac
tor for others. all kinds of petroleum
products. gas. gasoline. explosive, steam
and all other kinds of engines. all kinds OF
dynamOS. generators. pumps ana any and
all kinds of mechanical apparatus fol
| whatever purpose employed.
(g) To contract for. build, buy. sell
own and operate all necessary mills. smell
tprS roads. railroads. spur tracks. tram
WAYS. loading racks. bitches, fumes
pumps pumping plants of any kind Ol
, kinds whatsoever. casing head gas plants
and compressOrs for the purpose of con
vprting casing head gas into gasoline OF
other products. and such other property
as shall he lit and necessary in carryinl
out the objects herein stated.
IN To manufacture. purchase o.
otherwise acquire. own. mortgage. pl"dG"
5 sell assign and transfer. or otherwise dis
pose of. 10 invest. trade deal in and dca
with. goods. wares and merchandise an'
real and personal property of every elias
l and description.
4 m To acquire and pay for in cash
= | stock or bonds of this corporation q
r otherwise. the good will. rights, asset
I and property. and Ia undertake or ~
Il sumo che whole or any part of the Ohliga
;, tons or liabilities of any person. hrm. a.
II ISOLATION or corporation.
e CD To acquire hold. use sell. assign
+ lease. grant licenses in respect of. mort
n gage or otherwise dispose of letters patcn
: of III" United States or any foreign cOu1
Il try. patent rights. licenses and privilege"
9 inventions, improvements and prOceSse
d copyrights. trademarks and trade name
relating to or useful in connection wit
/ any business of this corporation.
L. lk) To guarantee. purchase. hold, sci
l. assign. transfer. mort gage. pledge or othel
/ wise dispose of shares of the capital StOc
+ of. or any bonds. securities or evidence
a Indebtedness created by any other cOrpo
II alton or corporations organized under Il
Is laws of this State or any other stat
% country nation or government. and viii
20 the owner thereof to exercise all the right
" powers and privileges OF ownership.
CD To issue bonds. debrnturrs or oil
70 legations of this corporation from time
10 time. for any Of the objects or purposes
L the corporation, aud TO secure the same
IN mortgage. pledge. deed IF trust, or othe
: wise.
Of I'M To purchase hold. sell and tran
fer the shares of its own capital stool
RS provided il shall not use its funds
n property or the purchase of its ow
3, shares of capital stock when such u
$, would cause any impairment of its ca
ID ital; and provided further that shares
y its own capital stock belonging to
~ shall not be voted upon directly or ind
Id rectly.
a n) To have one or more Offices.
,e carry on all or any of its operations al
III business and without restriction or lin
ne rs to amount to purchase or otherwise a
Id quire. hold. own, mortgage. sell, cOnve
r or otherwise dispose of real and person
OF property of every class and description
o. any of the States. districts. territories
n colonies of the United States. and in III
Il and all foreign countries. subject to q
Oh laws of such State district. territory, e,
r Ony or country.
We (O) In general. to carry on any 9th
Us business in connection with the fOregOin
Il whether manufacturing or otherwise, al
e TO have and exercise all the powers co
~ fprred by the laws of Delaware upon CO
es pOrationS formed under the act herei
ch after referred to, and to do any or all
ON the things hcrrnbefOre set forth to I
a same extent as natural persons might
, could do
al (p) The foregoing clauses shall be co
u Strued both aS objects and powers: n
rs il is hereby expressly provided that [
IS foregoing enumeration of specific pOwe
n shall not he held to limit or restrict
ss Gny manner the powers of this corpoT
ton.
$ ARTICLE UI-The amount of the cal
Is tai stock of this corporation is here
a. fixed 1T one million dollars, represent
| by 100000 shares of stock at the y
pr value of one dollar each. Said stock Sh
All be- paid for in cash. or given at par
r., payment for property actually receiv
les by said corporation. The shares of stO
~ shall be transferable only on the books
the corporation and must he signed
on the President or Vice President and I
IL Secretary. and no transfer of stock sh
~ be binding or have any effect upon q
20, CORPORATION, unless and until maze up
uu the books. No stakeholder shall be Ina
w for any further sum than the amount
20 his subscription, the capital stock OF Z
~ CORPORATION may be increased 10 TWO ii
&c &c lion dollars. or any portion thereof
u ARTICLE IV.-The domicile of this G.
porotion shall be in the City of New I
-, Stota of IouiSiana. All citatiC