The weekly Iberian. (New Iberia, La.) 1894-1946, 1902-02-08
CHARTER.
OF
SkfFERPiELD GIN COMPANY,
LIMITED.
UNITED STATES OF AMERICA
State Of Louisiana, Parish of
IBERIA.

81 IT KNOWN that on this Seventh
{7th) day of January A, D. l90e, be.
fore me, Fred w. Bauman, a Notary
rublic ia and for the Parish Of Iberia,
Site Of Louisiana duly commissioned
aud qualified and in the presence OF
the Witnesses hereinafter named and
undersigned, personally came and ap-
peared the several persons whose
names are hereto subscribed, who de-
clared that avaIling themselves Of the
provisions Of the laws of this State re-
fative to the organization OF corpora
tions they have agreed, and by these
Spressnts do agree and bind and obi
cute themselves as well as such per-
sens as may become associated with
then aud their successors, do form
Ind constitute corporation and body
'polftic in law for the objects and pur-
poses and under the conditions and
a6titdlations as contained and set
forth in the following articles, to.wit:
ARTICLE l.
The name and title Of said corpora
xton shalllbe:Satterfeld Gin Company,
Limited. It shall exist for the full
cerm and period Of Ninety nine (99l
years from the date hereof. and under
10 corporate name it shall Rave power
S11d authority to purchase, sell, mort
cage and pledge movable and immov.
able property real and personal pro-
perty necessary or convenient for it's
business, and generally to perform
acts pertaining to or requisite for the
purpose for which this corporation Is
oreanized, and for the proper manage
neat o. its affairs.
ARTICLE
The domiciie OF said corporation
shall be In the City of New Iberia,
Parish Of iberia. State of Louisiana,
aAA all citation or other legal process
shali be served on the president, and,
In his absence On the vice-president.
ARTICLE III.
Tbs objects and purposes tor which
the said corporation 10 organized and
the nature Of the business is to be car
riAd sn by it are declared to be the
hayiag. selling and ginning Of cotton
aAA the manufacturing Of It's products
alss the buying, selling and milling
Sf corn, and. other agricultural pro-
1actssaud ali works Kindred to these
vAAertakings. and for said purposes
~ 1ease ana hold real estate. erect
suftable Buildings thereon and equip
them With all necessary machinery,
and generally 10 do all that may be re-
auisate FIR the carrying out of the pur-
psse above mentioned.
ARTICLE ".
The capital stock Of said corporation
1kAil be One Hundred Thousand
Dsllars l4lO0, 900, divided into and re-
presented BY One Thousand Shares Of
}Ieo. each which shall be paid at such
tine md under such regulations as the
Board Of Directors may determine, or
is nay BE iss ned at no less than par in
taynent Of property purchased by or
FIR labor and services rend red said
corporation, which shall not begin
hnsiness until Five Thousardl $4,000, o. J
nz1lafS $50 shares Of the capital stock
Ahail have been subscribed.
ARTICLEy.
Al the corporate powers of said cor.
farat;on shall be vested In an exer.
Sisel BY q board of directors composed
q Mree stockholders, to be elected
4snaally On April LIST after A. d,
lSas; the election shall be by ballot
daA each person shall be entitled in
1ersOn or By proxy to one vote fol
eSszy share Of stock held BY him.
4Stice Of such election shall be given
y ten t1O) days continuous publica.
ties Immediately proceeding such cleo
sS5oais one or the weekly newspaper.
sr4elithsd in the town of New Iberia,
Ia,
At their first meeting after the cleo.
su1n. Of. the board Of directors they
sAalt elect from its own number {
s&resident, "vic-president.' a treas.
Srsr and secretary
81
Bntii tie drst election on the LIST Of
Aaril, A. D. 1908.
THE FOLLOWING; STOCKHOLM
EkD ARE CONSTITUTED TIKI
Bard az Directors, to Wit: VIM. E
4attesGeld. G. Cliff I.aughlin and I
Esrvood Satterfeld.
TIE Board Of Directors shall make
and adopt such bylaws as may b