MalformedURLException when requesting a URL

Straight forward suggestion/recommendation is NEVER to use any URL assignments directly to the variables. Instead create some static function that can be used without an object creation to create URL within the program. Something like:

private static URL createsafeURL(String urlstring) {
     try {
         return new URL(urlstring);
     } catch (MalformedURLException e) {
         throw new IllegalArgumentException("Invalid URL " + urlText, e);  
     }
 }

 So this can be used for multiple assignments. 

In case you have only one such variable declared in the program, you may alternatively safely assign it using the following code block, revising the share code:

public class Settings
{
    static final URL logo;

    static
    {
        try 
        {
            logo = new URL("http://www.example.com/pic.jpg");
        } 
        catch (MalformedURLException e) 
        {
            throw new IllegalStateException("Invalid URL", e);  
        }
    }
    // and other static final stuff...
}