The Meridional. (Abbeville, La.) 1856-1906, 1901-07-06
CHARTER
OF THE
IRYR[IM INVESTMENT AND
limited States of America,
State ofLouisiana, Parish of fVermilion.
Improvement Company, Limited.

limited States of America,
scta+e off I,onisiana, Parish of Vermilion
Ire known that on this 18th day
pof Nav. in the year of our lord One
Thousand Nine Hundred and One. De.
fore me Simonet Leblanc, CLERK OF
court and Ex-Cfficio notary public, in
and for the parish of Vermilion, State
,of Louisiana duly commissioned and
anualified and in the presence OF W.T.
nesses hereinafter named and under
stoned personally came and appeared
the persons whose names are hereunto
subscribed who severally declare that
availing themselves of the provisions
,of an Act of the Legislature of the
State of Louisiana known as Act NO. 30
of the session of the year 1893 as We'll
,as the general laws of this State gov
earning the formation of corporations
,in general, they do, and by these pre-
sent agree and bind themselves as well
as such other persons as may hereln-
after become associated with them III
order to forn4 and constitute corpor-
alton or body polite SO made for the
+ s0Dl6CUS pui puoOo N>
lations following, towit:
ARTICLE I.
The name and title of this corpora
tion shall be the BYRUM INVEST
.MENT AND IMPROVEMENT COM
lpANY, Limited, and it shall enjoy sue
,cession and existence for the period OF
Ninety-nine 1907 years from the day
thereof unless sooner dissolved in accor-
dance with its charter and it shall en-
ioy all powers and authority conferred
hy the laws of the State 3of Louisiana,
being corporation formed for the
nurposes hereinafter stated. 1t shall
have the power to contract, TO sue ana
lie sues! in It's corporate name. 20
. make and use a corporate seal, TO
make, break, and alter the same at
pleasure and to hold, purchase, lease,
sell, convey, mortgage or hypothecaSe
property, real and personal or mixed,
80 make and issue bonds, to lend any
norton of its capital or income On
mortgage security or other security, TO
the name, elect and appoint managers,
directors and agents and To make ana
establish such by laws, rules and regu-
lations as may be necessary for its pro-
per benefit.
ARTICLE II.
The domicile Of this corporation and
its principal Office shall be in the City
of Abbeville, in the parish of Vermil
ion and State of Louisiana. The Presl-
Il. ~
dent shall be the official upon whom
citation or other judicial proceedings
nay he served.
ARTICLE III.
The capital stock of this corporation
shall be fixed at the sum OF $50, 900 and
its charter shall be operative and &C
into effect and the corporation shall be-
come going concern when the sum O.
So. 900 shall have been subscribed
The capital stock of this corporation
shall be divided into 5000 shares of the
par value of $40 each be paid for ir
cash or the eqdivalentin real estate
improved or unimproved land, notes
bonds or mortgages or any other pro-
perty which the Board of Directors
may approve. 1t is expressly under
stood that at least 40 per cent of the
par value of the stock shall be issuee
and retained by the Board Of Directors
for said company to eused as treasure
stock, and such stock so held as treas
ure stock shall be disposed of by tht
Board of Directors of said corporation
upon such terms and for such prices al
they shall deem most advisable to th'
best interests of the said corporation
and the proceeds thereof shall be uset
to the best interest of and for the pur-
poses of the business of the corporation
ARTICLE ".
The object and purposes of this cor
pOration and the nature of the bushes
to be carried on by it are hereby de
clared to be that of purchasing owning
improving, developing, leasing AM
selling unimproved lands situated i
the State of Louisiana and for the fur
ther purpose of constructing canals o
waterways for the purpose ofsupplyint
water for agricultural purposes or Ii