The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1907-10-19
CHARTER
OF
Orion Oil C Company, Ltd.
State of Louisiana.
Parish of St. Mary.

| Parish of St. Mary.
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.
scribed, personally came and appeared
| the several persons whose names are
signed to this instrument, all of whom
are the full age Of majority and severally
declared that, availing themselves of the
laws of the State Of Louisiana, relative
to the organization of corporations Of the
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 hereb7 adopt as their
charter, to-wit:
ARTICLE l.
| The name and title of the corporation
hereby formed, is declared to be ORION
OIL COMPANY. LTD, and its domicile
and principal place of business, shall be in
the town of Franklin, Parish of st. Mary,
| Louisiana. It shall have and enjoy sue
cessiOn in its corporate capacity for a
period Of Ninety-Nine (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 for
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 on 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
corporation.
ARTICLE III.
The capital stock Of this corporation,
is fixed at, and declared to be the sum of
Five Thousand (S5, 900. 0W Dollars divid-
ed into Five Thousand 5000 Shares of
the par value of One 1,OO) Dollar. each,
which shall be non assessable, 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 Tor the
same to be valid.
The seal of the corpOr alton 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. 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 judy |
ment be deemed expedient and APP
propriatc.
ARTICLE v.
The business affairs of this corporation !
shall be under the management of the
Board OF Directors consisting of Three
(3) stockholders in said corporation to
be elected to Office as such on the first
Monday in October of each year herein
alter, beg .nnin. ai;l, III. 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 like effect, provided that any
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
ings of the stockholders.
\ majority Of the Direct rs shall con-
stitrie a quorum for tie transo ction Of
all business legally coming before them,
aud majority "f the stock of the cor
poration represented in person or by
written proxy. shall constitute a quorum
If any meeting Of the stockholders.
The regular annual meeting of the
shall be held on the same
late as the Board Of Directors, provided
hat special meetings Of the stockholders
shall be held at any period IF the year.
lpon due notice thereof having been
nailed to the last known address of each
tockholder, by the Secretary of the
fiffnoO n ~ r., yo |