New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1917-03-31
CHARTER OF
MARSTOn OIL COMPANY, Inc,

State of Louisiana, Parish of Iberia.
Be it known, on this Fourteenth cav
of February, A. D., 1917, before me
John T. White, Notary Public in al d
| for said Parish and State, personally
came and appeared, first: Mr.. B. w
Marston, Jr, whose post office address
is Shreveport, La; second, DR.. J. Wofford
Sanders, whose post office address is
New Iberia, La; third, Mr.. Robert A.
Jacob, whose post office address is New
| Iberia, La; fourth, Mr.. Edward ~.
| Weeks, whose post office address is New
--o-la, La; fifth, Mr.. William c. WeeLs s.,
whose post office address is New iberia,
La, Iberia Parish, La, each of whom az
clared unto me, Notary, in the presence
OF the hereinafter named and under
signed competent witnesses that, avail
themselves of the provisions of Act M.
267 of the General Assembly of the
State of Louisiana for the year 1914, IS
well as the laws of the State in general,
relative to the creation of corporations
they do hereby form themselves into and
constitute body polite in law, and adopt
the following articles as charter to gov
ern themselves and such others as NAV
become associated with or succeed them
ARTICLE I.
The name and title of this corpora
ton shall be the "MARSTON OIL CON-
PANY," Incorporated, under which name
and title it shall enjoy succession of
property and all rights, privileges and |
immunities granted by law unto corpo-
rations in the State of Louisiana, for
I'D Of
hereof.
The domicile of this corporation is
fixed in the City of New Iberia, Parish
of Iberia, State of Louisiana.
ARTICLE II.
The purpose for which this corpora
ton is organized and the nature of the
business to be carried on by it are de-
clared to be: To undertake exploration
for the purpose of discovering oil, gas,
DR. other minerals; to operate oil, gas NJ
other mineral wells or mines; to engage
n the buying and selling of lands OF
tights thereon, of oil, gas or other mir-
ERALS, or royalties and mineral rights; to
acquire, construct and operate pipe lines
oading stations and all things connected
With or appertaining to the production.
torage, sale, disposal and transportation
# oil, gas or other minerals, with az.
hority to acquire by purchase, lease or
therwise, such franchises as may &c
Necessary for or connected with the con-
uct of the business herein above 'out-
ined, and generally to do all things nee
ssary or incident to or connected with
aid business in any of its departments
md the said corporation shall have
he right to borrow money, make
otes or other evidences of indebtedness, S
D pledge its assets or mortgage its real :
to secure same. {
ARTICLE III.
The capital stock of this corporation I
hall be Eighteen Thousand and Four {
hundred Dollars, divided into and rep n
esented by one hundred and eighty-foar \
hares Of the par value of One Hundred :
100000 Dollars each, which said stock Q
hall be paid for in cash or it may be I
'sued at not less than par in payment !
r exchange for property or rights actual :;
: received or purchased by said corpora .
on, or it may be paid for by mineral I
ghts, leases or other similar considera
on accepted by the Board of Directors f
not less than par value Of said stock, .
r for such other valuable consideration .
r service actually rendered as the board O
Directors Of said corporation may de- ;
,rmine, provided that no stock shall be