Minutes - 4

-Second-

The purpose for which the corporation is formed is the
establishing and maintaining an oil company with the
right and power to acquire own and hold lands by lease
or purchase for said business - and for the purpose of
prospecting for - developing - saving - transporting - refining
and marketing minerals of whatever kind - coal petroleum -
fuel oils, illuminating oils, lubricating oils, - also the right
to erect - build and own all necessary oil tanks - cars and pipes
necessary for the handling and transportation of all the oil
produced by this Company and for the operation of its business.

Third

The principal place where the business of this corporation is
transacted shall be in the City of Houston - Harris County
Texas - where its office for the meeting of shareholders and the
transaction of its corporate busines shall be kept. Its general
or commercial business shall be conducted in the Counties of
Jefferson Liberty - Hardin - Tyler, Newton - Orange - Jasper - Sabine
Polk - San Jacinto - San Augustine - Angelina - Nacogdoches - Navarro
Nueces - Bee - San Patricio - Arkansas - and in all other Counties in the
State of Texas and in all other States and Territories of the United
States and foreign countries.

Fourth

This corporation shall exist for the term of fifty years from the
date of the filing of this Charter in the office of the Secretary
of State of the State of Texas.

Fifth

The business of this corporation shall be conducted by a Board of nine
Directors - which may be increased or diminished in the manner
provided by law and the names and places of residence of those
who are appointed such Directors for the first year are as follow.
J. Wilcox Brown of Baltimore Maryland. Finis E. Marshall and Henry T
Kent of St Louis Missouri - Nathaniel D Silsbee of Boston Massachu-
setts - S. B. Cooper of Beaumont Texas. B. F. Bonner - A. A. Wilson -
Joe H. Eagle and O. C. Drew all of Houston Harris County Texas.

Sixth

The amount of capital stock of this corporation shall be
Thirty Million Dollars - divided into 300,000 shares of the par
value of One Hundred Dollars each - of which 100,000 shares
amounting to Ten Million Dollars shall be preferred stock and