The weekly Iberian. (New Iberia, La.) 1894-1946, 1901-03-09

patent of inventions used or to be ussH
n said business, or in the manuIac-
ure and sale of the by-products there
If.
ARTICLE Y.
The capital stock of this corporation Is
fixed at fifty thousand dollars $50, 1000
divided into five hundred 5000 shares
ofthe par value of one hundred (I0ul
dollars each. The certificates OF shares
Of capital stock may be issued IN &C
cordance with the constitution OF the
State Of Louisiana, tor cash, or to"
work done or services rendered to the
Company, or in acquisition OF property
necessary for the Company, and MAJ
be issued by the Board of Director
when in their judgment it is necessarT
and proper. and shall be issued at sucu
times and upon such terms OF pay
ment as the Board of Directors may
determine.
ARTICLE VI.
The Company may begin business
when twenty-five {25) shares OF the
capital stock shall have been sub
scr1bed.
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
stock holders called for that purpose IL
the manner and after the publication
and notice provided by law.
ARTICLE VIII.
The officers of said corporation shall.
be a President, a Vice President, q
Secretary who shall be ex-officio
Treasurer, and all ofsaid officers shall
be elected by the Board Of Directors
out of their own number, provided the
Board Of Directors, may if they see fit,
elect an assistant Secretary and Treas
urer, who may or may not be one OF
their own number.
The following persons shall be the
members of the first Board OF Direc
tors, who shall serve until the second
Monday in March A: D., 1902, to wit
Messrs. G L Hall, Mic Muller, David
Todd, W B Davis and | A Broussard
and that G l. Hall shall be President,
Mic Muller, Vice President. and w i
Davis shall be Secretary and ex-off1ciC
treasurer.
ARTICLE IN.
Whenever this corporation is dis.
solved, either by limitation or from
any cause, its affairs shall be 1iqui
dated by two commissioners selected
by the stock holders at a general meet
ing of the stockholders convened fol
that purpose after ten days prior no
| Gh h
the Secretary to each stakeholder, by
| notice sent to him by mail or other.
| wise, and directed to his domicile OF
place OF business, and by vote of the
majority OF the capital stock of sale
Company. The said commissioner.
shall remain in office until the affairs
OF said corporation are fully liquidated
in case OF the death Of either of sale
commissioners the survivor shall con
t1nue to act alone.
ARTICLE X.
This act of incorporation NAV bt
changed, altered or modified, or thi
corporation may be dissolved by {
vote of the majority of the capita
stock OF said corporation at genera
meeting called for that purpose, afte
ten days notice thereof shall hav
been given by the Secretary to eacl
stakeholder directed to his domicile O
place of business, stating the object o
such meeting.
| ARTICLE XII.
/ No stakeholder shall ever be he'll,
| liable Or responsible for the faults O
contracts OF said corporation in an,
further sum than the unpaid balanc
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 tn
amount due on his stock or of annull
ing this charter.
i Thus done and passed IN nv offic
! IN the town of New Iberia, Iberi
Parish, Louisiana, on the, day mont
aud year herein first above written, i
the presence of Messrs Z Lampere
and A } Cammack, competen
witnesses who have hereunto signe
their names with the said appearers
and me, Notary, after reading of tn
whole.
Thirty sworn words enterlined be
fore signing of this act.
i Gilbert L Hall, shares.
Lilly Weeks Hall, shares,
and to authorize my wife to sign.
q L Hall
Mich Muller, S shares,
David Todd, S shares,
| A Broussard, S shares,
r c Sealy, Tr, shares,
+ r J Davidson, shares,
w B DAVIS, shares,
Harriet Weeks, shares,
Witnesses:
L Lamperez,
A Cammack,
Anthony N Muller,
Nnforu Dt,hl;,