New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1902-04-12
OH -ARTER
Or THE-
Gebert ShingIe Company, Ltd.

State of Louisiana Parish of IBERIA United
States of America.
Be IL known that this Tenth day of the
month of March a. D.. 1902. before me, Fred w.
Bauman Il Notary Public in aud for the Parish Of
Iberia State of Louisiana, duly commissioned
and qualified, and in the presence OF the witnesses
hereinafter named and undersigned. Personally
came and appeared the persons whose names are
hereuuto subscribed, all of full nge, who declared
that awaiting themselves Of the provisions OF the
laws Of this State relative 70 corporations, AMI
esDecially of Act No SO Of SSS of the General
Assembly of the STATE of LJuisiBna they have
covenanted and agreed and by. these presents coy
enant and agree, andbtnd as"sll rs sc
other persons as may hereafter become associated
with them to form and constitute a corporation
and body polite, for the purposes and objects.
and under the stipuations, articles and conditions
following, to. wit
ARTICLE l.
The name and title of the said corporation shaii
he The Gebert Shnge Company Limited ana
its domcile is hereby established in Iberia far'so,
Louisiana; and under its said corporate name,
said corporation shall have power and authority
to contract, sue and be sued; to make and use a
corporate seal and the same to break and alter at
pleasure to hold. receive, have. purchase, i'm
prove, ALLEVIATE convey, sell borrow, pledge
mortgage and hypothecate, under its said eorpor
ate name property real personal ana mnxeo; 10
name and appoint such officers, directors,
agents aud managers, employees, as the inter
est or convenience of said corporation may re.
quire; to make and establish by .laws, rules and
regulations for the proper management ana re-
plation of its affairs as NAV be deemed necessary
and proper. and the same to change alter At pleas
ure and to do all other acts and things permitted
by law, or as shall or may be necessary ana pro.
per to carry out the objects and purposes of said
corporation.
Said corporation, unless sooner dissolved, In ne
eordance with its charter. shall exist and continue
for the period of Ninety nine 800 years from
and after the date hereof.
The Secretary, or in his absence the Assistant
Secretary shall be the proper person upon whom
citation or other legal process shall be served
ARTICLE ii.
The objects and purposes for which this corpo
ration is organized and the nature of the bust,
ness to be carried on by It, declared to be the
following to.wit
The purchase manufacture and sale Of Cypress
Timber Lumber Lathe or Shingles, and purchase
and owning of Timber and Timber Lands, and to
generally manufacture all or any woods to the
various products.
ARTICLE III
The capital stock of said corporation shsti ne
Forty Thousand $40 900 OO) Dollars, divided
into and represented by 400 -Four Hundred
Shares of the sum of One Hundred tx1OO OO
dollars each which said stock shall be paid for in
cash at the time of subscription, or the same may
be issued, at not less than par, in payment or ex.
change for property rights actually received or
purchased by said corporation. or the same may
be issued, full paid for money advanced. and for
such other valuable considerations or services ms
the Board of Directors of said corporation may
determine; provided, that no stock shall be is
sued until the consideration therefor has been
ceived by the said corporation.
Any stakeholder may sell assign or transfer his
stock in this corporation, provided Thirty t3ol
days prior notice of such intention to SELL assign
the other stockholders thereof shall have the first
privilege of purchasing the same, after which
thirty days notice the said stock may be sold In
open market
The stock of said corporation may be trans
ferred under the above conditions provided such
transfer thereof be made on the books OF SAID
Company, at its office in iberia Parish, ana on
of the certificate therefor No transfer
of any fractional part of a share shall be made.
This corporation shall commence doing business
as soon IA Ten thousand dollars of the capital
stock shall have been subscribed for Inc BOARD
of Directors shall have the right to determine
how much stock shall be issued.
ARTICLE ~.
The corporate powers OF this company shall be
vested in and exercised by board OF Three 90
directors consisting of the president, vice presi.
dent secretary and treasurer Two 90 OF SAID
board shall constitute quorum Tor the transac.
ton of business, and their decision shall be valid
corporate acts. The following persons shall con
sttute the first board of directors William II
Norris who shall also be president, Thomas s.
Foster, who shall also be vice president, Morris
H. Womack, Jr VINO snail also ne secretary anu
No person shall be eligible as director or an ON
GER who Is not a stock holder with the exception
Of the Assistant Secretary. During the absence
Df the president the vice president shall act ana
preside.
Said Board shall continue IN once untii the
10th day of January A. d., 1903, on which date
md thereafter annually, board OF directors shall
1e elected, unless the same should be holiday
when the election shall be held on the next legal
lay thereafter. Notice of such election shall be
.iven by at least ten (1O) days continuous publ
,ation Immediately proceeding each election, in
me OF the English newspapers OF the oity OF
New Iberia, La. and the Hoard of Directors shall
appoint one or more stock holders to preside ut
uch election as commissioners. In event OF the
allure of any commissioner to attend, the presi
lent shall by appointment fll the vacancy. ANY |
allure from any cause whatsoever to elect direc |
orstbe day named for that purpose shall not dis |
olive the corporation, but the directors then 10 |
flee, well as the officers OF said company, shall
'old over until their successors are chosen.
In such event the president shall cause another
i've notice thereof as hereinbefore provided.
At every election and meeting each stock holder
hall be entitled to vote for each share OF stock
egstered in his name and may vote by proxy.
The election Of directors shall be by ballot, and
he majority in amount of votes east, each
ote, shall elect the person or persons for whom
hey have been cast.
After each election the board Of directors shall
lect from their own number the officers of said
company.
ARTICLE V.
The Board of directors shall have full power to
II vacancies in their number caused by death, re.
ignation or otherwise, from among the stock
olders Of the corporation. Said Board shall have
ull control of the property Of this company and
hall so conduct, manage and use the same as in
heir discresson they see it, and that is consist
mt with the objects of this company. or the vel
are:of the same.
The said board is further authorized to frame
nd adopt such by laws, rules and regulations as
he affairs and business of the corporation may
equire, and as II may deem necessary Tor the
onductng ana management .hereoii PROVIDED
ne same shaIi not connie. WIN th,s char!er, OF
'ith the laws Oh TINS state or OF the united
t ,a
me ssd BOARD she,i eject OF appo'hs an assist
nj secretary ana sueh otner omcers, agents, EN-
loyees. servants am clerks as IL may deem neces'
airy Tor the c2hancting Oh tne business OF tne cor
oIsuoni ~ their eompensauon Term OF service,
,iIn .ne r,gnt 70 asin,ss mem az sniu p3aras
lessurs, anu salu poala sn"Ii sate the llRht 70
ana ae.erm,ne .ne salaries Oh 'he several ON
ers herei" ProNioeH pT 1yr vr
mi, hnltobG ". ,.s,
TINS shar.et may DC emsngea' moaineu or
mended, capital stock increased or decreased,
tnis corPoIation may oe dlssolvea AZ general
neetlng Vi the STOCK noIsers consehea LOT the
urpose, WIN ,ne assent OF three Iouttns OF the
nsire capl.at s.ock, whe'her present OF repre-
Ten days Ia prior n notice of such meeting shall be
wen en- IN any weekly iy EnTsh newspaper published
either by Limitation OF its charter or
rom any cause the liquidation OF It's anairs shall
conducted by three commissioners selected
rom the stock holders, with like assent, at n
leeting called Tor that purpose, as above set
ortn IN this artcle.
SAID commissioners shall remain IN ONCE un-
u the anairs OF said corporation shall have
cen fuiy nquidated
In case Of the death Of one or more of said com
iissioners the survivors or survivor shall contin'