New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1903-06-13

stock may be issued III 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 &C.
QUESTION of property necessary for the
Company may be issued by the Board OF
Directors when in their Judgment lis
necessary and proper aud shall be issued
Mt 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 havo been subscribed.
ARTICLE VII.
The capital stock of this corporation
may be decreased or increased by a vote
Of the Stockholders Of the corporation at \
general meeting of the Stockholders
called for that purpose. in the manner and
after the publications and notice required
by law
ARTICLE vIiI.
Tho officers of said corporation shall be
a President, u First Vice-President,
Second Vice 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, II
they see 1T, elect Secretary and Treas.
urer, aud IN 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 E Hill the
Second Vice President, Mr.. Garrett ELL
son tho Secretary and Treasurer, and Mr..
ArthnrV Robertson the Assistant Secretary
and 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. .ss,
Whenever this corporation Is dissolved.
either by limitation or frem 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 (1O) 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 donicile or place OF business,
and by u vote Of the majority Of the capt
tai stock of sal Company. The said Com
missioncrs shall remain in Office until tho
affairs OF said corporation are fully ltqni.
dated. In case OF the death Of either g
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 at general
meeting called for that purpose, after ten
DAYS written notice hereof shall have oeen
given by the Secretary TO each Stock.
holder, directed to his last known domieiIe
or place Of business, stating the object q
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 %
the shares OF stock owned by him; nor
shall any mere informality In the
rganization have the effect Of rendering
a Stakeholder liable beyond tho amcant
due on his stock, OF on account OF the an
nulIing Of this Charter.
Thus done and passed In my once y
the City OF New Ibcrin, Parish Of Iberia.
State OF Louisiana; on the day, month and
year herein first above written. 10 the pre-
sence of Messrs. Melvin w. Fisher ana
Mercer Gaudet, competent witnesses, Who
have hereunto signed their names with
the said appearers and me, Notary, alter
reading OF the whole.
GILBERT l.. HALL,
Give ShaIes.)
JOHN b. Hill,
Four Hundred aud Ten ShAres,)
HENRY u. Hill.
Five Shares, J
Per Pro- John B. Hill.
GARRETT ELLISON,
Give Shares
Per Pro John b. Hill,
ARTHUR v. ROBERTSON,
FIFTY Shares,)