The weekly Iberian. (New Iberia, La.) 1894-1946, 1901-10-26
ACT of INCORPORATION
OF THE
IBERIA BUILDING ASSOCIATION
limited STATES OF AMERICA
State Of Louisiana, Parish OF
Iberia.


third dat of the month of May, in the
wear of our Lord nineteen hundred
and one.
BEFoaE Me, William G. Weeks, a |
Notary Public In and for the Parish OF
Iberia, State of Louisiana, duly COM
missioned and qualified, and IN the
presence of the witnesses hereinafter
named and under signed.
PERSONALLY CAME AND APPEARED
Messrs. Emelius F. Millard, President,
Joseph B. Lawton, Vice President, ).
A. Fagot, President protein, K. ). Nc
Mahon, G. c. Laughlin, Walter j.
Burke, Albert H Trotter, constituting
and composing the Board OF Directors
of the said Association, and Messrs. )
P. Suberbie1le, James Gebert, Lazard
King, Albert DeBlanc, 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, on the Fiji
teenth day of January, 1901, at hall
past seven o'clock P M, which meet
ing was further spec ally called and
held on said date for the objects and
purposes set forth in. the printed no.
tiee mailed. prepaid, to the stockhold-
ers in said Association in accordance
with resolution of the Board of Di-
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.
tice sent and published as required bv
law; and a 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 ali
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 Tor rein
corporate) the Iberia Building Associ
alton under the laws of the State o.
Louisiana relative to such Association!
and to corporations, and the following
was unanimously adopted as its Char
ter and the said appearers were by re
solution authorized, as aforesaid, t,
sign same as such for and en- behalf Q
the stockholders, to wit:
ARTICLE /.
Inc udluS anu titiC VI Setiu d
ton shall be "THE IBERIA BUILDIN,
ASSOCIATION aud under its said cor
porate name, it shall have power t
contract, sue and be sued; to max
and use corporate seal and the sam
to break or alter at pleasure: to hold
receive, lease, purchase, convey an
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 ofthe affairs {
said corporation as may be necessar
and proper, and the same to chang
and alter at pleasure, and to do a
such acts and things as are or may I
necessary and proper to carry out til
objects and purpose of said corpor;
ton: and said corporation. unles
sooner dissolved under the provision
Of this Charter, shall exist for
period of ninety nine (99) years.
ARTICLEII.
The dom1cile 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, 10 his absenc
upon the Vice. President, or in a
sence of both of these officers, upt
the Secretary.
ARTICLE III.
The object of this Association sh.
be the accumulation of a fund fre
the weekly installments on account
subscriptions to the weekly insta
ments on account of subscriptions
the capital, rentals, premiums a
loans, the funds so accumulated to
used for the purchase and sale of n
estate, the building, rental and ST
of homesteads, and when necessary
advisable, the loaning OF money
mortgage or other security in
Parish of Iberia, La
ARTICLE ".
The capital Of said corporation sh
he fwn and one ha1f-miilfn., doll,