The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1907-09-14
CHARTER
Oh
Orion Oil Company, Ltd.
State of Louisiana.
Doricb IF St Mary

Before me. the undersigned Notary
Public. duly commissioned and qu@ itiec
within and for the Parish of the St
Mary, Louisiana, and in the presence OF
witnesses. whose names are herelnto SUB
scribed. personally came and appeared
| the several persons whose names are
signed to this instrument, all OF whom
are the full age of maiority and severally
declared that, awaiting themselves of the
laws of the State of Louisiana, relative
to the organization Of corporations of the
| character hereinafter indicated, they
have formed and organized. and do by
these presents, form and organize them
selves into and constitute corporation
and body polite in law, for the objects
and purposes. and under stipulations and
agreements hereinafter set forth and ex-
pressed which they hereb adopt as their
charter, to-wit:
ARTICLE /.
The name anG title of the corporation
hereby formed. is declared to be ORION
OIL COMPANY. LTD. and its domicie
and principal place of business, shall be in
the town of Franklin, Parish of st. Mary,
Louisiana. 1t shall have and enjoy sue
cession in its corporate capacity for a
and after the date hereof unless sooner
dissolved in the maneer hereinafter IN
dicated. All citation and other. legal
process shall be served on the President.
or in his absence or inability to act for
any cause, upon the Secretary ami
Treasurer
ARTICLE II.
The objects and purposes of said cor
poration. and the nature of the business
to be carried Cd by it are as follows, to-
wit: TO prospect, work and mine any
and all minerals wherever they may be
found, especially oil, sulphur, gas, salt,
or petroleum. and to smelt, refine.
manufacture the same, and to buy and
sell the same in their crude or refined
state. To construct, maintain, and
operate Pipe Lines, to drill and operate
Oil Wells, To- buy, own, acquire, SELL
exchange. lease, donate, mortgage,
hypothecate. and to contract to buy,
sell, exchange. lease, all kinds of NOV
able property and real estate incidental
to or necessary for the convenient and
profitable conduct of the affairs of the
corporation.
ARTICLE III.
The capital stock OF this corporation.
is fixed at. and declared TO be the sum of
Five Thousand (s5, 900. 0O) Dollars. divid-
ed into Five Thousand 5000 Shares of
the par value of One 100 Dollar. each,
" birh shall be non-asse able. and which
shall be paid for in cash or its equivalent
in property or services, at the time of
the issuances of the certificate of stock.
each of the said shares or certificates re-
mr. ho tC hflc hG1I
President of the corporation and counter
same to be valid.
The seal of the corporation must also
be affixed to each certificate of stock and
every transfer thereof must be made upon
the books of the corporation as we'll as
upon the reversed side of certificates.
ARTICLE. w.
This corporation. in its corporate name
and capacity. Snail have the power to
J ne and to be sued; to hold, own, lease.
or otherwise acquire,
ALLEVIATE. or cucumber p operty If every
consistent with purposes for
which the corporation is organized and
name and appoint such Agents, Officers, |
or Manager. as the nature of the business |
carried on by it may require. and to
make and establish such bylaws, rules |
and regulations, as may, in their judg- |
nent be deemed eXpedienJ and APP
ARTICLE V.
The business affairs of this corporation
shall be under the management of the
Board Of Directors consisting of Three
81 stockholders in said corporation to
be elected to Office as such on the first
Monday in October of eac', vcar herein
after, beginning with the first Monday
in October. 1907. The term of Office for
each of said Directors to be one Year, or
until their successors are duly elected |,
and qualified.
A majority vote of the Electors pre-
sent at any meeting, shall be sufficient
70 carry and put into effect any motion
not in conflict with any provisions of
this charter. and majority of the stock
voted at any stockholders meeting shall
have a like effect, provided that any
stakeholder may be represented at any
stockholders meeting by written proxy.
duly filed with the Secretary, Each
share of stock, shall entitle the holder
thereof to one vote in any and all meet
ngs of the stockholders.
A majority of the Directors shall con-
stitute quorum for the transaction of
all business legally coming before them,
aud majority of the stock of the COR
poratoh represented in person or by
written proxy. shall constitute Il quorum
Of any meeting of the stockholders.
The regular annual meeting of the
stockholders shall be held on the same
date AS the Board of Directors, provided
that special meetings of the stockholders
shall be held at any period of the year,
upon due notice thereof having been !
mailed to the last known address of each |
by the Secretary of the |
fifteen t15) days prior to the
date of such contemplated meeting.
Upon the call of the the President of