The weekly Iberian. (New Iberia, La.) 1894-1946, 1902-01-18
CHARTER.
OF
SATTERFIELD GIN COMPANY
LIMITED.
()E
UNITED STATES OF AMERlCA
State Of Louisiana, Parish OF
IBERIA.

ore me, freu w. Dauui"h,
Public in and for the Parish OF iberia,
State of Louisiana daily commissioned
md qualified and in the presence OF
,he witnesses hereinafter named ana
Undersigned, personally came ana az
reared the several persons whose
names are hereto SUBSCRIBED, who de.
,lafed that awaiting themselves OF the
provisions ofthe laws of this State re-
Iative to the organization of corpora
lions they have agreed, and by these
presents do agree and bind and obi
gate themselves as we'll as such per-
sons as may become associated with
them aud their successors, do form
and constitute corporation and body
polite in law for the objects and pur-
poses and under the conditions and
as contained and set
forth in the following articles, to'wit:
ARTICLE l.
The name and title of said corpora
ton shaliibe.Sattcrtield Gin Company,
Limited. It shall exist for the full
term and period of Ninety nine 1897
years from the date hereof, and under
its corporate name it shall Rave power
and authority to purchase, sell, mort
gage and pledge movable and immov,
able property real and personal pro-
perry necessary or convenient for its
business, and generally to perform
acts pertaining to or requisite for the
purpose for which this corporation Is
organized, and for the proper manage
ment OF its affairs.
ARTICLE II.
The domici1e of said corporation
shall be in the City of New Iberia,
Parish of Iberia. State of Louisiana,
and all citation or other legal process
shall be served on the president, and,
in his absence on the vice president.
ARTICLE III.
The objects and purposes tor which
the said corporation 10 organized and
the nature of the business Is to be car.
ried ON by it are declared to be the
buying, selling and ginning Of cotton
and the manufacturing Of itsproducts
also the buying, selling and milling
of corn, and other agricultural pro
ducts, and all works kindred to these
undertakings. and for said purposes
to lease and hold real estate. cree
suitable buildings thereon and equiv
them with all necessary machinery
and generally to do all that may be re
quisite for the CARRYING out of the pur
pose above mentioned.
ARTICLE Nv.
The capital stock of said corporation
shalt be One Hundred Thousan'
Dollars 100000 divided into and re
presented by One Thousand Shares q
800. each which shall be paid at sucl
time and under such regulations as tn
Board of Directors may determine, o
it may be iss ued at no less than par j
payment Of property purchased by 9
for labor and services rend red sal
corporation, which shall not begi
business until FIVE Thousand $5000.0
Dallars $50 shares Of the capital stoe
shall have been subscribed.
ARTICLE Y.
ALI the corporate powers of said co
porat:on shall be vested In an exc
cised by board Of directors compose
Of three stockholders. to be electt
annually on April LIST after A,
l9c2; the election shall be by ball
and each person shall be entitled
person or by proxy to one vote f
every share of stock held by hi
Notice of such election shall be Civ
by ten (l0l days continuous public
tion Immediately proceeding such ele
tion in one Of the weekly newspape
Published In the town Of New Iberi
La,
A. their first meeting after the ele
ton Of the board Of directors tn
shall elect from its own number
..president. Z, .y,c-president.' a tres
urer and secretary
Until the first election on the LIST
April, A. D. 1908.
mrYr ro1rou,rN.s SrocurYar
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