The weekly Iberian. (New Iberia, La.) 1894-1946, 1901-11-09
ACT Of INCORPORATION
OF THE
IBERIA BUILDING ASSOCIATION
UNITED STATES OF AMERICA
State of Louisiana, Parish of
Iberia,

third day of the month of May, in the
year of our Lord nineteen hundred
and one.
BEFORE 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. EmeIius T. Willard, President,
Joseph B. Lawton, Vice President, j.
A. Fagot, President protein, r. S. Me-
Mahon, G. c. Laughlin, Walter j.
Burke, Albert II. Trotter, constituting
and composing the Board of Directors
of the said Association, and Messrs. j
p. Suberbiel1e, James Gebert, Lazard
King, Albert DeBlanc, Leopold Levy,
c. +. 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 oil
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 Fiji
teenth day of January, l90l, at ball
past seven O'Clock p. NJ, which meet,
ing was further specially 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 Di.
rectors of said Association adopted OF
the Seventh day of November, 1900
said meeting being called and held il
the manner and form, and after no
tice sent and published as required b,
law; and larger amount in number
and value than three fourths of the
shares Of the Association and of thu
value of stock being present, either il
person or by written proxy, and al
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 or rein
corporate) the Iberia Building Associ
alton under the laws of the State 0
Louisiana relative to such Association
---uuu uv vurp vi auaone, feai,r
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 on behalf 0
the stockholders, to wit:
ARTICLE I.
The name and title of said corpora
ton shall be 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 corporate seal and the sam,
to break or alter at pleasure: to hold
receive, lease, purchase, convey ant
pledge under its corporate name
property, both real and personal; tt
lend money on security; to name ant
appoint such officers and Agents a
the interests and convenience OF sait
corporation may require: to make ant
establish such BYLAWS, Rules an,
regulations for the proper manage
ment and regulation ofthe affairs o
said corporation as may be necessar,
and proper, and the same to chang,
and alter at pleasure, and to do al
such acts and things as are or may b.
necessary and proper to carry out thu
objects and purpose of said corpora
tion: and said corporation. unles.
sooner dissolved under the provisions
prrIUu OF ninety nine Igg3 years,
ARTICLE
The domlc;le of said corporation
shall be in the town of New Iberia
Parish of Iberia, State of Louisiana
and all citations or other legal process
shall be served upon the President oil
said corporation, or, In his absence
upon the Vice. President, or in alb
sence of both of these officers. upon
the Secretary.
ARTICLE LII.
The object of this Association shall
be the accumulation fund from
the weekly installm o....s on account OF
subscriptions to the weekly install
ments on account o. subscriptions to
the capital, rentals, premiums and
loans, the funds SO accumulated to be
used for the purchase and sale of real
estate, the building, rental and sale
OF homesteads, and when necessary or
advisable, the loaning OF money on
mortgage or other security in the
Parish of Iberia, La.
ARTICLE ".
The capital ofsaid corporation shall
be two and one half.millIon dollars
e, SOC, 300, 00l and shall be issued in