The Lafayette gazette. [volume] (Lafayette, La.) 1893-1921, 1903-12-26
CHARTER
OF THE
Southwestern Oil Company Of Louisiana,
State of Louisiana

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, a notary public il
and for said Parish and State as such duly
commissioned and qualified, personally came
and appeared the several persons whose
names are hereunto subscribed who Severally
declared that awaiting 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 IN m
selves, as we'll as such persons as may be
Come associated with them and their sue
cessors TO form and constitute them selves a
corpora alton aud body polite in law, for the
objects and purposes and under the Provi-
sions and stipulations herein after SIT forth
ARTICLE I.
The name and title of this corporation
shall 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 aud be sued, to hold, receive,
lease, purchase and convey as we'll as
mortgage and hypothecate property, real
personal and mixed; to name and appoint
such managers directors and officers as its
business may require, and to make and es-
ia blsh well as alter and amend such by
laws, rules and regulations may be ne
cessary for the proper management OF the
affairs and business OF this corporation.
ARTICLE II.
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 be served on the
Secretary Treasurer.
ARTICLE III.
The objects and purposes for which this
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 or 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 transpor-
tation and distribution of said products: to
borrow money from time to time as may be
required and to that effect mortgage, pledge
and hypothecate its franchises, property
and assets. And generally to make ali con
tracts and exercise all rights incidental TO
and convenient for carrying out the objects
and purposes of this corporation.
ARTICLE ".
The capital stock of this corporation is
hereby fixed at Two Hundred Thousand
shares of the par value of ten dol
lars (SIo.) each to, be paid for in money,
property value in such manner and
amounts and at such times as the Board of
Directors may determine. This corporation
is authorized TO begin operation
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 Il Board of Directors TO be
of three stockholders to be elected
annually on the tenth day of November,
and shall be by ballot anG each share shall
be entitled to one vote. Notice of such
election shall be given by publication during
thirty days (3o) in newspaper published in
the town of Lafayette, La. The manne~ of
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