The weekly Iberian. (New Iberia, La.) 1894-1946, 1901-10-19
ACT of INCORPORATION
OF THE
IBERIA BUILDING ASSOCIATION
limited STATES OF AMERICA
State Of Louisiana, Parish OF
Iberia.

"
Notary Public in and for the Parish OF
Iberia, State of Louisiana, duly COM
1missioned and qualified, and III the
presence of the witnesses hereinafter
named and under signed.
PERSONALLY CAME AND APPEARED
Messrs. Eme1ius Z. Mlllard, President,
Joseph B. Lawton, Vice President, j.
A. Fagot, President protein, K. 5. Nc
Mahon, G. c. Laughlin, Walter )
Burke, Albert Ii. Trotter constituting
and composing the Board OF Directors
of the said Association, and Messrs. j
p. Suberbie11e, James Gebert, Lazard
King, Albert DeB1anc, Leopold Levy,
G. E. Reynolds, S. A. Benthal, Joseph
Eckart, A. c Gayle and Henry A.
King, being the parties designated by
the stockholders of the Iberia Building
Association at their annual meeting
held on the Fifteenth day Of January,
1901, to sign this Charter and Act OF
Incorporation for and on behalf OF the
said stockholders, who, said appear
ers, declared and said that they and
each of them are shareholders in the
Iberia Building Association OF New
Iberia, Louisiana, and that in confor-
nifty with the law the regular annual
meeting of the stockholders of said
Iberia Building Association was held,
after due notice, at its office IN the
Town of New Iberia, La, Oh the Eff
teenth day of January, l90l, at hall
past seven O'Clock P NJ, which meet
ing was further spec ally called and
held on said date for the objects and
purposes set forth in the printed no.
tice mailed, prepaid, to the stockhold-
ers in said Association in accordance
with resolution of the Board Of Dr.
rectors of said Association adopted on
the Seventh day of November, 1900,
said meeting being called and held in
the manner and form, and after no.
tiee sent and published as required by
law; and larger amount in number
and value than three fourths OF the
shares of the Association and Of the
value of stock being present, either in
person or by written proxy, and all
legal requirements having been com
piled with the propositions, amend
ments and alterations were submitted
to the meeting and unanimously car.
ried, and it was unanimously resolved
and decided to incorporate Cor rein
corporate) the Iberia Building Associ
alton under the laws of the State o.
Louisiana relative to such Associations
and to corporations, and the following
was unanimously adopted as its Char
ter and the said appearers were by re
solution authorized, as aforesaid, II
sign same as such for and on behalf o
the stockholders, to wit:
ARTICLE I.
The name and title of said corpora
ton shall be 1.-THE IBERIA BUILDING
ASSOCIATION" aud under its said cor
porate name, it shall have power t,
contract, sue and be sued; to max
and use a corporate seal and the sam
to break or alter at pleasure: to hold
receive, lease, purchase, convey AM
pledge under its corporate name
property, both real and personal; t
lend money on security; to name an
appoint such officers and Agents a
the interests and convenience of sal
corporation may require: to make an
establish such Bylaws, Rules an
regulations for the proper manage
ment and regulation of the affairs c
said corporation as may be necessar
and proper, aud the same to chang
and alter at pleasure, and to do a
such acts and things as are or may b
necessary and proper to carry out tn
objects and purpose of said corpora
ton: and said corporation, unles
sooner dissolved under the provision
of this Charter, shall exist for
period of ninety nine l99) years.
ARTICLE II.
The domicile of said corporate
shall be in the town of New Iberi
Parish of Iberia, State of Louisian
and all citations or other legal proce
shall be served upon the President /
SAID corporation, or, IN his absene
upon the Vice. President, or in al
sence of both of these officers, upc
the Secretary.
ARTICLE III.
The object of this Association shs
be the accumulation of fund fro
the weekly installments on account
subscriptions to the weekly insta
ments on account OF subscriptions
the capital, rentals, premiums al
loans, the funds SO accumulated to
used for the purchase and sale of re
estate, the building, rental and sa
of homesteads, and when necessary
advisable, the loaning OF money
mortgage or other security in t
Parish of Iberia, La.
ARTICLE ".
The capital OF said corporation sh:
be two aud one half. million do1la
2, SOC, 900, 00l and shall be issued
shares, each representing two hu
dred dollars (2oo,001to be paid up
~.c.1~fx f,S,n,14r 80 txx-a~+r~ G