The Lafayette gazette. [volume] (Lafayette, La.) 1893-1921, 1903-12-19
CHARTER
OF THE
Southwestern Oil Company Of Louisiana
State of Louisiana

Parish of Lafayette.
BE it known that this goth day of o.
tober A. ID. nineteen hundred and three be-
fore me Crow Grard, 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 severaly
declared that awaiting themselves of the
provisions of the laws of this State and es-
peciaIly of Act No. 1874 of 1902, they have
agreed and do hereby agree and bind h m
selves, as we'll as such persons as may be
come associated with them and their sue =
cessorS TO form and constitute themselves a
corpora alton and 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
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 well 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-
tabsh we'll as alter and amend such by
laws, rules and regulations as may be ne
cessary for the proper management of the
affairs and business of this corporation.
ARTICLE II.
The domicle of this corporation shall be in
the Town and Parish OF Lafayette, State of
louisiana Citation and all other legal
process shall be served the President
in his absence on the Vice President and in
the absence of both may be 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
md r,ro6 oil ,etrO1eum salt
other mineral or earthern product; to buy
and sell oil lands, to erect maintain and
operate storage tanks pipe lines, :ramway or
switch lines any other means of Transport
taton and distribution of said products: to
borrow m 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
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 (2ooo.oo.) represented by twenty
lars (s1o.) 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
one hund red 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 be
composed 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 vote. Notice of such
election shall be given by publication during
thirty days (3o) in a newspaper published in
the town of Lafayette, La. The manne- of
conducting said election shall be regulated
by by laws.
At the first meeting after said election
said Board of Directors shall elect Of
their number to be President and be