The weekly Iberian. (New Iberia, La.) 1894-1946, 1900-07-28
CHARTER AMENDMENT.
STATE OF LOUISIANA
Parish Of Iberiu.

STATE OF LOUISIANA
Parish Of Iberia.
BE if known that on this 18TH day OF
July, A. D., 1900, before me the under,
signed authority, personally came and
appeared Mr.. Alfred G.. Pickett. acting
for himself and as proxy for the fol
lowing gentlemen Messrs. Thornwell
Fay, August Erath, Thomas l.. Morse,
Frank P. Davis, and the Morgan S
Louisiana &c Texas Railroad and 3. ).
COMPANY, who declare that they and
each of them are shareholders in the
Iberia & Vermiion Railroad Company
of New Iberia La, and that acting IN
conformity with law, meeting OF the
shareholders of said railroad was held
at the office of said railroad in New
Iberia. La, on the ninth day OF July,
1900, in conformity with the call, and IN
the manner set forth by law, and as
recited in the process verbal OF the
proceeding filed with the Secretary OF
State, to which special reference is
made.
The call for said meeting having
been regularly issued by the Board OF
Directors, through its Secretary, the
publication for more than thirty days
having been made in the SEMI-N EEK
LY IBERIAN, and the said notice hay
ing been mailed to each share holder,
prepaid, addressed to his proper post
office, his place of residence for the
time required by law, the said meeting
being specially called for the purpose
of passing upon and amending Section
seven OF the charter of said corpora
ton regarding the election OF officers,
holding of meeting ETC.. and all other
requirements OF law having been COM
piled With, the proposition was sub
m1tted to the shareholders, and each
shareholder present in person or by
proxy voting in favor of said amend
ment by the following vote, to.wit:
Shares.
Morgan's Louisiana e Texas
Railroad and S. S. Co., by T.
Fay, proxy. ...... 1855
Thornwell Fay in person)....
A. c. Pickett Gin person. 49,.
Aug. Erath lin person)......
Thomas l.. Morse in person. |
Frank P. Davis I'm person)... /
Total NEUTRALITY-SUSPICIOUS.. 299U
A total of two thousand nine hun
dred and ninety shares and votes hav-
ing been cast IN favor of the below
amendmentIo Article Seven (7) of the
charter of the Iberia &: Vermilion
Railroad Company, and none against
this amendment, II was resolved: That
Article Seven q of the Charter or Act
of Incorporation of this Company be
amended and changed to read as fol-
lows. tO-w1t-
ARTICLE 7.
The corporate powers shall be vested
in Board of Directors to be composed
of five members. Stockholders only
shall be eligible to Office. Directors
shall be elected by the stockholders on
the first Monday of June each year at
l2 M. The first Board of Directors Or
ganizing the company to hold their
Office until the first Monday of June,
1892. In case of no election on the day
named the said directors in Office shall
continue until their successors are
elected and enter upon the discharge
of their duties. The Directors shall
elect from their number a President, |
Vice. President, Secretary and Treas
urer, whose duties shall be set forth in |
the bylaws of the company. All |
meetings of the stockholders for cleo |
ton shall be held at the office of the |
all other meetings of the |
shall be held in same |
place, unless specially otherwise Or
dered by the Directors, in which case
due notice shall be given. In all |
meetings Of stockholders each share
shall be entitled to one vote; absentees
may vote by proxy, and the majority |
n ct oh oil To
stitute a quorum at meetings of the |
stockholders majority of shares shah
be represented.
the duties of his office, shall give bond
in such sum- as the Directors may fix
from time ts'time for the faithful per-
torrance of his duties, which shall be
made payable to the President for the
benefit ofthe corporation.
This bond must be approved by the
Board of Directors. The board shall
have power and authority to appoint
such other officers, agents and clerks
as 1t may deem proper. They may be
persons who are not stockholders. 1t
may make snch laws, rules and reg
llations as it may consider necessary
'or the management of the business of
he corporation and of it's affairs.
which 1T may amend from time to
lime. Three members of the board
nay constitute a quorum. The Di-
'ectors are empowered to fill vacancies
IN the board and all others. The fol-
owing named persons constitute the
irst Board of Directors, to-wit: r. S.
Ferry, August Erath, E. A. Pharr,
James A. Lee, Fred Gates, George
simon, I. D. Foster, Jacob Davis and /.
luke Trainor, who shall meet as soon
IS possible, elect their officers and
such business as they shall see
PROPER
Thus done and passed at my Office.
'arish OF Iberia, State of Louisiana.
N the day, month and year first above
Irltten, in the presence of Messrs. A.
f. Cammack and P. LeBourgeois, good
nd competent witnesses, residing in
his parish, who have signed these
resents with the parties and me, no.
airy, after due reading of the whole.
Morgan's Louisiana & Texas
r. r. & S. S. Co.,
Per A. G. Pickett.
Thornwe1l Fay,
Per A. c. Pickett.
August Erath,
Per A. q. Pickett,
Thnc r. M1rco