The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1907-10-26
CHARTER
OF
Orion Oil Company, Ltd.
State of Louisiana.
Parish of st. Mary.

IdrlSn OF -. mary. J
Before me, the undersigned Notary
| Public. duly commissioned and qualified
within and for the Parish of the st.
Mary, Louisiana. and in the presence of
witnesses. whose names are hereinto sub
scribcd. personally came and appeared
the several persons whose raTes are
signed to this instrument, e. Of whom
are the full are Of ma orl,y and sevelally
declared that, availing themselves of the
laws Of the st te Of Louisiana, relative
to the organization of corporations Of the
character hereinafter indicated, they
have formed and organized. ard do by
these preser $. form and organize them
selves into a. constitute a corporation
and body polite in law, for the objects
and purposes, and under stipulatons and
agreements hereinafter set forth and ex-
pressed which they hereb adopt as their
charter. to-wit:
ARTICLE I.
The name and title Of the corporation
hereby formed is declared to be ORION
OIL COMPANY. LTD, and its domiciie
and principal place of business, shall be in
the town of Franklin, Parish of St. Mary.
Louisiana. 1t shall have and enjoy sue
ccssion in its corporate capacity for a
period If Ninety (99) years. from
and after the date hereof. unless sooner
dissolved in the maneer hereinafter IN
Dictated. All citation and other legal
process shall be served on the President.
or in his absence or inability to ACT 70,
any cause, upon the Secretary and
Treasurer.
ARTICLE II.
The objects and purposes of said cor
pOration. and the nature of the business
to be carried Oh 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 smclt. 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 70 be the sum of
| Five Thousand (S5, OOO. 00) Dollars divid-
ed into Five Thousand 5000 Shares of
| the par value of One Il .OO) Dollar. each,
| which shall be worcestershire. 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-
presenting the same to be signed by the
President of the corporation and counter
signed by the Secretary. in order for the
same to be valid.
The seal of the corpor alton must also
he affixed to each certificate Of stock ard
every transfer thereof must be made upon
| the books of the corporation as well as
upon the reversed side of certificates.
ARTICLE. w.
This corporation in its corporate name
and capacity. shall have the power to
sue and to be sued: to hold. own, lease.
hypOthecate. or otherwise acquire,
ALLEVIATE. or cucumber property If every
description, 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-
ment be deemed expedient and APP
propriate.
ARTICLE V.
The business affairs of this corporation
shall be under the management of the
Board of Directors consisting of Three
~ stockholders in said corporation to
be elected to Office as such on the first
Monday in October Of each year herein
alter, 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
to 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
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
lngs Of the stockholders.
majority of the Directors shall con-
,tltrte quorum for tie transaction of
all business legally coming before them,
and majority of the stock of the cor -,
ooratioh represented in person or by
written proxy, shall constitute quorum
II any meeting Of the stockholders.
The regular annual meeting of the
stockholders shall be held on the same
late as the Board Of Directors, provided (
hat special meetings Of the Stockholders
hall be held at any period of the year. s
pon due notice thereof having been
nailed to the last known address of each
illd dor H. Il. Il