New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1903-06-06

stock may be issued in accordance with
the Constitution of The State of Louisiana,
for cash. or for work done, or for services
rendered to The Company, or in the ac
QUESTION of property necessary for the
Company may be issued by the Board of
Directors when in their judgment 1t is
necessary and proper aud shall he issued
at such times and places, and upon such
terms of payment rs the Board OF Direct
ors may determine.
ARTICLE VI.
The Company may begin business, and
shall be declared going concern when
FIVE hundred $500 shares of the capital
stock shall have been subscribed
ARTICLE VII.
The capital stock of this corporation
may be decreased or increased by vote
of the Stockholders OF the corporation at a
general meeting Of the Stockholders
called for that purpose in the manner and
after the publication and notice required
by law.
ARTICLE VII.
The officers OF said corporation shall be
President, First Viee-President,
Second president, Secretary and
Treasurer, and an Assistant Secretary and
Treasurer, who shall also be the Auditor.
These officers shall be elected by the Board
OF Directors, out of their own number
provided the Board of Directors may, IL
they see fit, elect Secretary and Treas
urer, and an Assistant Secretary and
Treasurer and Auditor not Of their own
number. Mr.. Gilbert l.. Hall shall be the
President, Mr. John B. Hill the First
Vice President, Mr.. Henry Il Hill the
Second Vice President, Mr.. Garrett Eli
son the Secretary and Treasurer, aud Mr..
Arthurv Robertson the Assistant Secretary
aud Treasurer and Auditor. These officers
shall hold Office until the first Monday OF
March, A. d. 1905, or until their success
sors are elected aud qualified.
ARTICLE tx.
Whenever this corporation is dissolved,
either by limitation or from any other
cause, its affairs shall be liquidated BY
two Commissioners selected by the Stock
holders, at general meeting Of the Stock
holders convened for that purpose, after
ten (t0) days prior notice thereof shall
have been given by the Secretary to each
Stakeholder, by written notice sent 70 him
by mail or otherwise and directed to his
last-known domicle or place OF business,
and by vote Of the majority Of the capi-
tai stock Of said Company The said Com.
missioners shall remain in Office until the
affairs of said corporation arc fully liqui.
dated. In case Of the death OF either q
said Commissioners, the survivor shall
continue to act alone.
ARTICLE X.
This act ofincorporation may be changed,
altered OF modified, or this corpofafto1
may be dissolved, by vote OF the capita
stock Of said corporation at . general
meeting called for that purpose, after ten
DAYS written notice hereof shall HAYS been
given by the Secretary to each Stock
holder, directed TO his last known dOmteilo
or place OF business, stating the object o.
such meeting.
ARTICLE III.
No Stakeholder shall ever be held llable
or responsible for the faults or contracts
of said corporation in any further
sum than the unpaid balance due %
the shares Of stock owned by him nor
shall any mere informality In the
organization have the effect Of rendering
a Stakeholder liable beyond the amount
duo on his stock, or on account OF the an
nulling Of this Charter.
Thus done and passed in my ONCE IN
the City Of New iberia, Parish Of Iberia.
State OF Louisiana; on the day, month ana
year herein first above written. In the pre-.
sence OF Messrs. Melvin w. Fisher ana
Mercer 0audet, competent witnesses, WHO
have hereunto signed their names with
the said appearers and me, Notary, after
reading Of the whole.
GILBERT l.. HALL,
Give Shafes.)
JOHN b. Hill,
i onr Hundred aud Ten Sbares,)
HENRY e. HILL.
Give Sharss,)
Per Pro. John b. Hill.
GARRETT ELLISON,
Give Shares,)
Per Pro. John Il. Hill,
ARTHUR " ROBERTSON,
Fifty 6hares,)
LAzARE LEVY,
twenty-five 6hsres,)
MELVIN w. FISHER,
MERCER GAUDET,
Witnesses.
john T.WHlTE,
Notary Public.
A Trne copy Of the original.
john T. WHITE,
Notary Public.