The weekly Iberian. (New Iberia, La.) 1894-1946, 1903-11-14
CHARTER
OF THE
New Iberia & Northern
Railroad CO.
State of Louisiana, Parish of Iberia

nally came AM appeared before nae
Fred w Banman, Notary Public il
and for the Parish of Iberia, State o
Louisiana, duly commissioned AM
qualified,
Jules Dreyfus, George w Dallas
Lazard King. Felix Patout, Henry
Smith, + / Weeks, j z Suberbielie
Charles Gougenheim, G c Laughlin
James A Lee. Porteus + burke, John A
Gebert, Water burke. James Gebert
Albert & Emmer, George Henderson
Jules + Dupuy, William I Weeks, Il 5
Mcmahon, John X Taylor George M
Robertson, Rudolph Ribbeck, f I
Willard, l. Octave Hacker, John
Broussard, AChiile Mamus, and J
Gabriel Leblanc,
who declared that availing themselves
of the privileges granted by the laws
of the State of Louisiana relative to
the organization OF corporations for
the construction, making and main,
tanning of railroads and other works of
public improvement, they have con-
tracted and agreed and do by these
presents contract, agree, bind and OBJ
ligate themselves as well as such other
persons who may become hereafter
associated with them by subscribing
to the stock Of this corporation, to form
and constitute corporation and body
polite in law for the objects and pur-
poses hereinafter expressed under the
following stipulations, towit:
Article l.
The name of this corporation shall
be the New Iberia &c Northern Rail
road COMPANY. Under its said corpo-
rate name it shall have power and au-
thority to have and enjoy succession
tor the term of ninety nine years, to
contract, sue and be sued, to make and
have a corporate seal and to alter same
at pleasure, to receive and hold, to
purchase, sell, convey, lease, mort
gage and pledge its property both real
and personal; to appoint such mana
gers, directors, officers and agents as
its interests may require; to make and
establish such bylaws for the proper
management and regulation of the af-
fairs of the corporation as NAV be
necessary, and generally to exercise
all the rights and provisions granted
to and conferred by law on such cor
porations.
Article
The domicie of the corporation
shall be in the Town of New Iberia,
Parish of Iberia, and all citations and
other legal processes shall be served
on the President and in his absence on
the Vice. President, and in the absence
of both of said officers on the Secre.
tary. They may be made in any other
manner provided for by law The
stockholders may change the domicile |
at will by vote necessary to alter this
charter.
Ar.iole 3
The objects and purposes of this cor
poration are the location, construction |
building, operating and maintenance
Of a railroad of such gauge as may be
determined by the BOARD of Directors, |
with all its appurtenances, from some |
point on the bayou Teche at or near
the town of New IBERIA, thence run
ming in norther1y or. north westerly |
direction to point at or near the town |
OF Natchltoches, or to some intermedi |
ate point where connections can behad |
with X II trunk line giving Northern
and Western connections h e
board OF Directors may hereafter de-
termfne; to own, manage and use said
road and its appurtenances with such
double tracks, switches and branches
as may be deemed necessary, at any
time to construct; to make such con-
nections and business combinations
with other lines Of transportation
whether by land or vater. as the Di-
rectors may enter into; to take, to
transport, carry, convey persons and
property at such rates, subject to such
rules and regulations rs the directors
may establish from time to time To
secure the carrying out of their objects
and purposes, the corporation is vested
with the rights, privileges and fran
chises provided by law, and the power
to do all things necessary in the pre-
misses.
Article 4.
The capital stock of said corporation
shall be Five Hundred Thousand
Dollars, divided into and represented
by Twenty Thousand Shares of the
sum Of Twenty-Five Dollars each,
which said stock shall be paid for in
IN cash at the time of subscription, or
tie same may be issued, at not less
than par, in payment or exchange for
property or rights actually received or
purchased by said corporation. or the
same may be issued, full paid, for
money advanced fand fer such other
valuable considerations as the Board of
Directors o f said corporation may
determine; provided, that no stock
shall be issued until the considera-
ton therefor has been received by said
corporation.
Any stockhelder may sell. assign or
uansfer his stock i this corporation,
provided 30 DAYS prior notice OF such
intention to sell, assign or transfer the
same be given the company, and the
other stockholders thereof shall have
me first privilege of purchasing same.
aiter which thirty days notice the
AID stock may be sold in open mar
The stock of said corporation may be
transferred under the above cond1-
IONS, provided such transfer thereof
g made on the books of the company
y Its office and on surrender of
Ane certificate therefor. No transfer of
my fractional part of share shall be
81 1nis corporation shall commence do
~ business as soon as Twenty-Five
ares OF the capital stock shall have
zen subscribed for.
me Poard of Directors shall have
t.e eight to determine how much stock
wall be Issued