The herald. [volume] (New Orleans, La.) 1905-1953, 1921-01-27
CHARTER
CHARTER OF THE AsIATIC PETROL
Elm COMPANY LOUISIANA
INCORPORATED


ma ffteentb day of December, l92U, /
before me- Pierre u. Olivier hOtSlS
public, duly commissioner ana Iti 90
in and for the Parish OF orleans S.dIe t
Louisiana, personally came ana aPpsateI
Fsmond Phelps. John II. Gibson ana 1a'
win t. FiIbcrt. residents OF the Ils o. /
New Orleans, Louisiana, whose sis "
are appended hereto, VINO netiaItu ia ~!
signed comurtent witnesses, thHt, AVA
ing themselves Of the laws OF the sSIa'e Vi
Toui-iana in such case made anu PIo-
,ridad they have associatedE themselves
"a do NV these presents hereby associate
themselves as n Corporation under thS loi-
lowing articles Of incorporation, to,wlb:
ARTICLE 1.-The name of the corpora.
tion shall be Asiatic Petroleum Company
LOuisiana) Incorporates. ,;,b !
ARTICLE 1.-THE purposes Tor WhtSn
the said corporation is formed are heleo'
declared TO be: - .ho brsI
moss Of boring and exploring for, minihs'
extracting, producing, rennlhg' olstIlinS,
treating, manufacturing, plplhg' ueaItIne
in. buying and selling oils, petroleum, mn MIL
oral oil natural gas and other ihlheIale
md mineral and hydro-carbon substances
and all kinds of products and by-producIs
derived from said substances OF any "a
them, and all implements, materlals anu
things incidental to or usetul IN conneS
tjon with the business Of the corporation,
and of transporting and transmitting tne
same in any manner whatsoever anu "
engage in and carry on any Other Dusl i 90
which Nay conveniently De cOhuuCteu II
coninnction with any of the businesses
aforesaid. - ill., nv o+ber.
wise acquire, hold, own, develop lhpr9se
and dispose of, and to aid ana suoscrlo o
toward the acquisition, Development or
imnroyement of real and personal properly
and rights and privileges therein, suleao ne
or convenient for any OF the Duslnesses "a
the corporation, and to acquire, take, hold,
own construct, erect, improve, mahAse
and operate, and to aid ana suDscrlOe W
ward the acquisition. construction or I'M
provement of oil wells, gas wells, hiints'
re6neries manufactures, pipe lines, tahhs'
cars, piers, wharfs, steam and other yes
sells for water transportation ana any
other works property or appnances which
may appertain to or be useiui iS IN the cor
poration, but only to the extent pernli''eu
3. TO apply for, obtain, purchase or
otherwise acquire any patents, 80 on'
trade marks and the like. In respect OF any
inventions which may seem capable OF pc
ing used for any OF the purposes vi lne
corporation, and to use, exercise ana ue
yelop the same, and grant licenses ana
other rights and privileges IN respect
thereof. a.. hor-
row or raise monies for any OF the p9r'
noses of the corporation, Issue ponds,
notes or other obligations OF any nature
and in any manner for monies SO Dor
rowed, and to secure the aymeht .nere
of and the interest thereon, by mortga
upon or pledge or conveyance or assign
ment In trust Of, the whole or any par,
of the property of the corporation, real
or personal, including contract rlgnls
whether at the time owned or tnereaIter
acquired; and to sell, pledge or discount
such bonds notes or other obligations Oh
the corporation for its corporate purposes
& To the extent permitted by law, 10
acquire by purchase, SUBSCRIPTION OF otner
~
fer, exchange, mortgage, pledge or other
wise dispose of any shares or the capitai
stock, bonds or other evidences or indept-
edness of any other corporation or cor
norations, association or associations, do
nestle or foreign, engaged In any Dusl-
ness in which this corporation may pc au.
thorized to engage, or the ownership ol
whose securities would be advantageous Ut
convenient in the protection or promotion
of any of the purposes or interests oil ms
corporation, including corporations or as
sociations engaged in or carrying on the
business of transporting or TRANSMITTING
for public service any products or sub
stances mined, extracted, produced, re-
fined, distilled. treated, manufactured OF
dealt in by this corporation; 70 issue ln
exchange therefor shares of the capita
stock, bonds or other obligations of this
corporation; while the owner or holder Of
any such shares Of capital stock, votine
trust certificates, bonds or other evidences
Of Indebtedness Of other corporations, u
possess and exercise in respect Thereon any
and all the rights, powers and privileges
of individual holders, including the RICH
to vote on any shares Of stock SO 70, h aeH q. o.
sets or a division of the profits OF This cor
poration, to distribute any such shares o
capital stock, voting trust certifcates
bonds or other evidences Of Indebtedness
or the proceeds thereof, among the stock
holders Of this corporation.
g. In so far as is permitted by law, u
aid, in any manner, any corporation o
AZ "a cha nf afn
bonds or other evidences Of indebtedness
are held by or for this corporation, or Il
which, or In the welfare Of which, thi
corporation shall have any interest, ant
tect, preserve, improve or enhance tn
value Of any such shares of stock. bonds
or other evidences of indebtedness or tn
property of this corporation :,
u To guarantee the payment or divi
dends upon the capital stock, or the pay
ment of the principal and interest, o
4. either, of any bonds or other ooisatlon
or evidences Of Indebtedness, or the per
Torrance of any contract, of any othe
such corporation or association, In so IA
as, and to the extent that, such guarant,
may be permitted by law.
s. To carry out all or any part OF tn
foregoing objects as principal, factor
agent, contractor or otherwise, either alon
or in conjunction with any person, firm
association or corporation, and In an,
part of the world and In carrying on II
business and for the purpose of attaining
or furthering any of its objects, TO max
aud perform such contracts of any KIM
and description, to do such acts and things
and to exercise any and all such powers
as a natural person could lawfully make
perform, do or exercise, providing that tn
same be not inconsistent with the law
under which this corporation Is organized
q. To conduct its business In all II
branches at one or more Offices, both with
In or without the State of Louisiana, and
without limit, TO purchase, lease, hire, tax
on exchange or otherwise acquire, hold
develop, sell, assign, transfer, exchange
mortgage, pledge, or otherwise dispose o.
and convey real and personal property an
rights and privileges therein or connecte
Herewith in any part of the world.
The foregoing clauses shall be construe
both as purposes and powers, and th
foregoing enumeration of specific power
shall not be held to limit or restrict
any manner the general powers Of III
corporation. and generally the corporatio
shall be authorized to exercise and eI
Joy any and all other powers, rights an
privileges granted or which hereafter ma
be granted by the General Laws of n
State Of Louisiana, to corporations Of tn
character, so far as not IN conflict wit
the purposes and powers herein e. presssl
stated; but the corporation shall not carr
on any business or exercise any power
in the State OF Louisiana or in any 9th,
state, territory or country which n sim
lar corporation organized under the Law
of said State OF Louisiana or such stat
territory or country, as the case may b
could not carry on or exercise. except
the extent permitted by the laws Of Il
state of Louisiana or OF such state, teri
tory or country.