SENATE RESOLUTION NO. 647
WHEREAS, The Senate of the State of Texas is pleased to
recognize the Arguindegui Oil Company on its 2013 induction into
the Junior Achievement of Laredo Business Hall of Fame; and
WHEREAS, Junior Achievement of Laredo works in partnership
with business leaders and educators to inspire young people and
prepare them to succeed in today's complex global economy; and
WHEREAS, Arguindegui Oil Company was founded in 1942 when
Peter Arguindegui, Sr., was awarded the Continental Oil Company
commission agency to serve Laredo and the surrounding area;
despite the challenges of doing business during wartime, the
company grew and prospered; and
WHEREAS, Mr. Arguindegui's sons entered the family
business after graduating from Texas A&M University, and in the
early 1970s, they assumed leadership of the company; the third
generation of the family began entering the business in 1986, and
today, Arguindegui Oil Company continues to thrive and to play a
vital role in the energy industry in Texas; and
WHEREAS, Through the years, the company has reflected its
founder's commitment to education by establishing scholarship
endowments at Texas A&M University, Texas A&M International
University, Laredo Community College, and each of the Laredo public
high schools; it is truly worthy of induction into this prestigious
body; now, therefore, be it
RESOLVED, That the Senate of the State of Texas, 83rd
Legislature, hereby commend the Arguindegui Oil Company on its
enduring success and its many contributions to the community and
extend congratulations to the Arguindegui family and all who are
associated with the company on its induction into the Junior
Achievement of Laredo Business Hall of Fame; and, be it further
RESOLVED, That a copy of this Resolution be prepared for
the company as an expression of esteem from the Texas Senate.
Zaffirini
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President of the Senate
I hereby certify that the
above Resolution was adopted by
the Senate on April 15, 2013.
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Secretary of the Senate
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Member, Texas Senate