The Lafayette gazette. [volume] (Lafayette, La.) 1893-1921, 1903-12-12
CHARTER
OF THE
Southwestern Oil Company Of Louisiana,
State of Louisiana
Parish of LAFAYETTE.

Parish of Lafayette. !
BE it known that on this goth day of o.
tober A. ID. nineteen hundred and three be-
fore me Crow Girard, notary public in
and for said Parish and State such duly
commissioned and qualified, personally came
and appeared the several persons whose
names are hereunto subscribed who severally
declared that avai!ing themselves of the
provisions of the laws of this State and es-
pecially of Act No. 1874 of 1902, they have
agreed and do hereby agree and bind h m
selves, as well as such persons as may be
come associated with them and their
cessors 10 form and constitute themselves a
corporation and body polite in law, for the
objects and purposes and under the provi
sions and stipulations herein after set forth
ARTICLE /.
The name and title of this corporation
sh all be The Southwestern Oil Company of
Louisiana, it shall exist and have succession
in its corporate name for the term of ninety
nine years and shall have power such to
contract sue aud be sued, to hold, receive,
lease, purchase and convey we'll as
mortgage and hypothecate property, real
personal and mixed; to name and appoint
such managers directors and officers its
business may require, and to make and es-
tablish as we'll alter and amend such by
cessary for the proper management of the
affairs and business of this corporation.
ARTICLE II.
The domicilc of this corporation shall be in
the Town and Parish OF Lafayette, State of
Louisiana. Citation and all other legal
process shall be served on the President or
in his absence on the Vice President and in
the absence of both may he served on the
Secretary Or Treasurer.
ARTICLE III.
The objects and purposes for which this
corporation is organized and the nature of
the business to be conducted by it. are
hereby declared to be, to bore or drill for
and produce oil, petroleum, gas, salt, or any
other mineral earthern product; to buy
and sell oil lands, to erect maintain and
operate storage tanks pipe lines, :ramway or
switch lines or any other means of transport
tation and distribution Of said products: to
borrow IN oney from time to time may be
required and to that effect mortgage, pledge
and hypothecate its franchises, property
and assets. And generally to make all con-
tracts and exercise all rights incidental to
and convenient for carrying out the objects
and purposes of this corporation
ARTICLE w.
The capital stock of this corporation is
hereby fixed at Two Hundred Thousand
dollars (2ooc.co.) represented by twenty
thousand shares of the par value of ten dol
lars (SIo.) each to, be paid for in money,
amounts and at such times the Board of
Directors may determine. This corporation
is authorized to begin operation soon as
one hundred thousand dollars of the capital
stock shall have been subscribed and paid
for.
ARTICLE V.
All corporate powers of this corporation
shall be vested in Board of Directors TO be
composed of three stockholders to be elected
annually on the tenth day of November,
and shall be by ballot and each share shall
be entitled to one vote. Notice of such
election shall be given by publication during
thirty days 800 in a newspaper published in
the town of Lafayette, La. The manne- of
conducting said election shall be regulated
by bylaws.
At the FIRST meeting after said election
said Board of Directors shall elect one of
their number to be President and one to be