The weekly Iberian. (New Iberia, La.) 1894-1946, 1901-03-02
ture and sale of the by-prodrcts there
ARTICLE V.

The capital stock of this corporation is
fixed at fifty thousand dollars I ISL, 00U) |
divided into five hundred 500 shares
of the par value of one hundred 90 |
dollars each The certificates OF shares
of capital stock may be issued in ac-
cordaDce with the constitution OF the
State OF Louisiana, for cash, or tor
work done or services rendered to the
Company, or i'll acquisition OF property
necessary for the Company, and may
be issued by the Board of directors
when in their Judgment it Is necessary
and proper. and shall be issued at such
times and upon such terms OF pay
ment as the Board of Directors may
determine.
ARTICLE VI.
The Company may begin business
and Shall be declared going concern
when twenty-five (25) shares of the
capital stock shall have been sub
scribed.
ARTICLE VII.
The capital stock of this corporation
may be decreased or increased by
vote of the stockholders Of the corpor-
alton at general meeting of the
stockholders called for that purpose in
the manner and after the publication
and notice provided by law.
ARTICLE VIII.
The officers of said corporation shall
be a President, Vice President, a
Secretary who shall be ex-officio
Treasurer. and all ofsaid officers shall
be elected by the Board of Directors
out of t. cir own number. provided the
Board O. Directors, may if they see fit,
elect al assistant Secretary and Treas
urer, who may Or may not be one of
their Ow number.
The following persons shall be the
members Of the first Board OF Direc-
tors, w1o shall serve until the second
Monday IN March A. d., 1909, to wit
Messrs, . L. Hall, Mic Muller, David
Todd, " Davis and | A Broussard
and tina J l. Hall shall be President,
Mic MIller, Vice President, and w i
Davis sli IL be Secretary and ex-oft1cio
Treasurer.
ARTICLE TX.
Whenever this corporation is dis
solved, ether by limitation or from
any cause, its affairs shall be liqui-
dated by two commissioners selected
by the stock holders at general meet
ing of the stockholders convened for
that purpose after ten DAYS prior no.
| tice thereof shall have been given by
the Seer larry to each stakeholder, by
notice sent to him by mail or other
wise, and directed to his domicile or
place OF business, and by vote of the
| majority Of the capital stock OF said
Company. The said commissioners
shall reG, ain in office until the affairs
of said corporation are fully liquidated;
in case O the death OF either of said
| tinue to act alone.
ARTICLE Y.
| This act of incorporation may be
changed, altered or modified, Or thi:
corporation may be dissolved by a
vote of The majority of the capita
stock OF S i'd corporation at genera
meeting called for that purpose, after
ten DAYS notice thereof shall have
been given by the Secretary to eacf
lstOckholder directed to his domicile O.
place OF business, stating the object o
such meeting.
i ARTICLE
4 No stakeholder shall ever be he1i
liable or responsible for the faults O
contracts OF said corporation in an,
further sum than the unpaid ba1ancs
due on the shares of stock owned b,
him, nor shall any mere informality il
organization have the effect of render
ing stakeholder liable beyond TIN
amount due on his stock or of annull
ing this charter.
Thus done and passed in my offic
in the town of New Iberia, Iberi
Parish, Louisiana, on the. day montl
aud year herein first above written, il
the presence of Messrs E Lampere
and A J Cammack, competen
witnesses who have hereunto signe,
their names with the said appearers
and me, Notary, after reading Of TIL
whole.
Thirty sworn words enterlined be
fore signing of, this act.
Gilbert l. Hall, shares,
Lilly Weeks Hall, shares,
| and to authorize my wife to sign,
q l. Hall
t Mich Muller, shares,
n David Todd, 5 shares,
| A Broussard, 5 shares,
r c Sealy, .Ir, shares,
X J Davidson, shares,
WB DAVIS, shares,
Harriet Weeks, shares,
Witnesses:
q I.amperez,
A Cammack,
Anthony N Muller,
Notary puhlie