Minutes - 30

29

property - real - personal and mixed of the said Houston Oil Company
of Texas of whatsoever kind and character and wheresoever situated now
owned or that may be hereafter acquired by it and

Whereas the form of the said proposed deed of trust or
mortgage with said guarantee of payment expressed thereing to
be executed by said Houston Oil Company of Texas is now
here presented to the said Board of Directors for inspection and
approval. Therefore be it further

Resolved that the said form of Deed of Trust or Mortgage
be and it is hereby approved and that the President of said Houston
Oil Company of Texas is hereby directed to execute acknowledge
and deliver a deed of trust or mortgage in substantial compliance
with said form as the act and deed of said Houston Oil
Company of Texas and same to be duly attested by the Secretary
of said Company or the assistance Secretary of said Company
and by him acknowledged. Be it

Further resolved however that the President of said Houston Oil
Company of Texas be and he is hereby fully authorized and
empowered to make any and all modifications atterations and
additions to said form that may in his judgement be or
become necessary to carry out the spirit and purpose of these
resolutions and to fully carry out the purpose and object of the
execution of said deed of trust or mortgage and his act or
acts in the premises are hereby in all things ratified and
approved.

Thereupon the following resolutions were presented seconded and
unanimously adopted.

Assent of H. O. Co.
to transfer of
contract by J. H. K. to K. L. Co.

Whereas Mr. John H Kirby has assigned and transferred to the Kirby
Lumber Company that certain stumpage contract with the Houston
Oil Company of Texas which is set out in the minutes of the
meeting of the Board of Direectors of said Houston Oil Company of
Texas held on the 9th day of July 1901.

Now therefore be it resolved that the Houston Oil Company
of Texas does hereby assent to said transfer and accepts the
assumption of the performance of said contract by the said
Kirby Lumber Company.

Thereupon the following resolutions were presented and
unanimously adopted.