New Iberia enterprise and independent observer., 1917-03-10
CHARTER OF
MARST0N OIL COMPANY, Inc.

State of Louisiana, Parish of Iberia.
Be it known, on this Fourteenth cay
of February, A. D., 1917, before me,
John T. White, Notary Public IN a.
for said Parish and State, personally
came and appeared, first: Mr.. B. w
Marston, Jr., whose post office address
is Shreveport, La; second, DR.. ]. 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 T.
Weeks, whose post office address is New
Iberia, La; fifth, Mr.. William G. Weeks,
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 No.
267 of the General Assembly of the
State of Louisiana for the year 1914, as
we'll as the laws of the State in general,
relative to the creation of corporations,
they do hereby form themselves into and
constitute a body polite in law, and adopt
the following articles as a charter to gov
ern themselves and such others as may
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 a
period of ninety nine years from date
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-
c!ared to be: To undertake exploration
for the purpose of discovering oil, gas,
or other minerals; to operate oil, gas or
other mineral wells or mines; to engage
in the buying and selling of lands uT
rights thereon. of oil, gas or other min-
erals, or royalties and mineral rights: to
acquire, construct and operate pipe lines,
loading stations and all things connected
with or appertaining to the production.
storage, sale, disposal and transportation
of oil, gas or other minerals, with an
thority to acquire by purchase, lease or
otherwise, such franchises as may be
necessary for or connected with the con-
duct of the business herein above out
lined, and generally to do all things nee
essary or incident to or connected with
said business in any Of its departm ents.
And the said corporation shall have
the right to borrow money, make
notes or other evidences of Indebtedness,
to pledge its assets or mortgage its real
property to secure same.
ARTICLE III.
The capital stock of this corporation
shall be Eighteen Thousand and tour
Hundred Dollars, divided into and rep
resented by one hundred and eighty-foar
shares of the par value of One Hundred
t$10000) Dollars each, which said stock
shall be paid for in cash or it may be
issued at not less than par in payment
or exchange for property or rights actual
ly received or purchased by said corpora
ton, or it may be paid for by mineral
rights, leases or other similar considera-
ton accepted by the Board of Directors
at not less than par value of said stock,
or for such other valuable consideration
or service actually rendered as the Board
of Directors of said corporation may de-
termine, provided that no stock shall be