New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1903-06-27

| stock may be issued In accordance with
the Constitution of the State OF Louisiana,
rendered to the Company, or in the &C.
QUESTION of property necessary for the
Company may be issued by the Board Of
Directors when in their judgment 1t 10
necessary and proper and shall be issued
at such times and places, and upon such
terms of payment as the Board OF Direct
ors may Determine.
ARTICLE vi.
The Company may begin business, and
shall be declared going concern when
five hundred (5O0) 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
general meeting OF the Stockholders
called for that purpose, in the manner and
after the publication and notice required
by law.
| ARTICLE VIII.
Tho officers Of said corporation shall be
a President, . First Vice President, q
Second Vice-P President, q 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 At, elect Secretary and Treas
urer, and an Assistant Secretary and
Treasurer and Auditor not of their own
number. Mr.. Gilbert l.. He'll shall be the
President, Mr.. John B. Hill the First
Second Vice. President, Mr.. Garrett Eli
SON the Secretary and Treasurer, aud Mr..
ArthurV Robertson the Assistant Secretary
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 IL dissolved,
either by limitation or frem any other
cause, ito affairs shall be liquidatsd by
two Commissioners selected by the Stock
holders, at q general meeting Of the Stock
holders convened for that purpose, after
ten (l0) days prior notice thereof shall
have been given by the Secretary to each
Stakeholder, by written notice sent to him
BY mail or otherwise and directed to his
last-known domicile 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 are fully liqui-
dated In case Of the death Of either Of
said Commissioners, the survivor shall
continue to act alone.
ARTICLE X.
This act ofincorporation may be changed,
altered or modified, or this corporation
may be dissolved, by vote Of the capital
stock OF said corporation Ut . general
meeting called for that purpose, after ten
days written notice hereof shall have been
given by the Secretary to each Stock
holder, directed to his last known domicile
or place OF business, stating the object of
such meeting
ARTICLE XII.
No Stakeholder shall ever be held liable
Or responsible for the faults or contracts
of said corporation in any further
sum than the unpaid balance due on
The shares Of stock owned by him nor
shall any mere informality In the
organization have the effect Of rendering
, Stakeholder liable beyond tho amount
lue on his stock, or on account Of the an
milling Of this Charter.
Thus done and passed In my Office in
he City Of New Iberia, Parish Of iberia,
'eate OF Louisiana; on the day. month and
Eesr herein first above written. in the pre-
encs Of Messrs. Melvin w. Fisher and
dercer Gaudet, competent witnesses, Who
AVE hereuAto signed their names with
he said appearsrs and me, Notary, after
eading Of the whole.
GILBERT l.. HALL,
Give Shares
john B. HILL,
Four Hundred aud Ten Shares.)
HENRY E. HILL.
Give Shares
Per Pro. John B. Hill.
GARRETT ELLISON,
Give Shares,)
Per Pro. John b. Hill,
ARTHUR v. RoBERTsoN,
(Fifty 6hares,)
LAZARE LEVY,
twenty-five 6hares,)
MELVIN W. FISHER,
MERCER GAUDET,
Witnesses.
JOHN T.WHITE,
Notary Public.
A True copy Of the original.
JOHN T. WHITE,
Notary Public.