The weekly Iberian. (New Iberia, La.) 1894-1946, 1903-03-07
Notice Of CO-PartneTSljn
STATE OF LOUISIANA
Parish of Iberia

II day OF January, A ID. 1904 h .n
fore me, Fred. W. Bauman. q Ne pe'
Public duly commissioned and 60.
fed, IN and for the Parish Fof IL
La, and IN preSeuC4 of the witneal"
hereinafter named and undersinnoas
personally came and appeared Mr. IA,
ttle, nee Harris, wife of St, Cvr r."
sad husband appearing herein for ~
purpose OF aiding and autnorizing ~
VIE, and A:'Sttdc l.. Euie, all Of ths
parish OF Iberia, W o seyerally dec1orns
that they have agreed to form and ="
hereby form and enter into common
e1al partnership between themsaIro.
for the purpose of carrying on tba
business OF general merchandise 1;n
uors, groceries, etc, in The huiIdirc
OF Mrs. Ida Etle, situated on CantaSr
street, her separate property in tha
town Of New Iberia. cOmmencino ~,
and from the 18th day Of January
d., 1908, and to continue for the tar.,
and period of ten lIOJ years, end;na
on and with the 18th day of Januarv
1913; ana that they have adopted H.,
following articles of agreement ~
govern and regulate said partnership
to-wit;
ARTlCLEI.
The name and STYLE of this firm,
shall be Ida & A. l.. Etc. The said
business shall be carried on at cornar
OF Center street, in the town of New
Iberia, La, It's present location nm.
less removed elsewhere by mutual
consent.
ARTICLE II.
It is recognized by both parties tbat
2 t,.., II * ,1i
and open accounts. in fact the wboIe
net assets of said business, lately con.
Quoted BY the said Mrs. Elite for and IN
uer own account, with her separate. par
5pnernal funds, half interest in the
whole having been acquired by the
said Artstide l.. Elite, is worth the full
sum of twenty Three Hundred Dol.
iars; that the said A L. Etie has paid
said Mrs. Elite the full one half thereof
in cash and is now the full owner of
one half the said business, and that
the said Mrs. Etie is the full owner of
the other half, and that they have
brought as their respective shares or
portions of the. capital thereof their
one half share each, the whole of
which shall be used and employed In
common between said co-partners for
the management and carving on of
said business,
ARTICLE III.
he said Mrs, Ida Elite shall be the
purchaser of goods or stock IN trade of
ssaid business. The rental or re OF
said building is hereby agreed to be
+ 10 60 per month, payable It end of
each month.
All collected amounts shall be de.
posted in bank in New Iberia, La, in
the name Of the partnership, and be
withdrawn on checks slgued BY both
said partners only.
ARTICi "
The net profits and gar 5 of said
business shall he annually divided be.
tween said cOpGrtners, share and share
alike, and the expenses and losses, if
any there be, shall be born by them in
the like proportion.
ARTICLE V.
There shall be had and kept during
the continuance OF the said eo-part-
nership, perfect, just and true books
IF account, in which shall be entered
and fairly written and set down, from
day to day, all matters and things re.
la.ive to said business, such as pur-
chases. sales, etc which books shall
be used in common between said part
ners, SO that either of them shall have
free access thereto without the inter-
ruption OF the other.
ARTICLE VI.
An account of stock shall he taken
and a balance sheet struck at the re-
quest of each partner to show the
standing of the concern, as often as
may be required
ARTICLE VII.
In case of the death of either part
ner, the surviving partner shall. with
in six months, operate the liquidation
tn reof
ARTICLE VIII.
All differepces or misunderstanding
of any Kind or nature, whatsoever,
which may arise between the said CO.
partners during the existence Of said
copartnership. in relation to the BUSH
ness of the same, shall be submitted to
two discreet persons, one to be chosen
by each OF said partners, with power
to appoint third in case of need. and
the award in writing of said three per.
sons, or any two of them. shall be bind
ing and obligatory on said co-partners
and their respective heirs and assigns,
and from which award there shall be
no appeal. This article being herein,
serted for The express purpose OF avoid
ing litigation in court and the expen..
ses attending the same.
The one-half interest and capital set
out above to Mrs. Ida Elite is declared
to be her own separate and paraphei
nal property, she being separate 10
from her said husband, and
he having no interest whatsoever IN
and to said property of his wife.
The word "sixteen erased" and the
words ''twenty-three" interlined and
all approved before signing.
Thus done and signed in New Iberia:
IBERIA parish, La, this 18th day OF
The month of January, 1903, in the q
presence OF Messrs. Ii. E. Suberbielle
and Jules E. Dupuy, competent wit,
neses, who sign with the parties ana
me, Notary, after due reading.
MRS. IDA ETIE,
To aid and authorize my wife,
ST. CYR ETIE.
~ ARlSTIDE L. ETlE.
Attest; H. f. SUBERBIELLF,
J. E. DUPuY.
Attest: F. w. BAUMAN,
Notary Public
true copy of the original .ac.
passed before me and placed OF recoru
n the Recorders office of Iberia parish
Witness my signature and seal, ON
.ialfv this fifth day of February, A.