The weekly Iberian. (New Iberia, La.) 1894-1946, 1903-11-28
CHARTER
OF THE
New Iberia 4 Northern
Railroad Co..
State Of Louisiana, Parish Of Iberia

nally came and appeared before me,
Fred w Banman. "A Notary Public in
and for the Parish Of iberia, State OF
Louisiana, duly commissioned and
qualified,
Jules Dreyfus, George w Dallas,
Lazard King. Felix Patout, Henry L
Smith, i T Weeks, J = Suberbielie,
Charles Gougenheim, g c Laughlin,
James A Lee. Porteus L Ike, John A
Gebert, Walter j burke, James Gebert,
Albert G Emmer, George Henderson,
Jules T. Dupuv, William T Weeks,
Mcmahon, John TAYLOR George NJ
Robertson, Rudolph p Ribbeck, + f
Millard l. Octave Hacker, John
Broussard, Achile j Mamus, and j
Gabriel Leblanc,
who declared that ayailing 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
y
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, to-wit:
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
r. tor the term of ninety nine years, to
contract, sue and be sued, to make and
have 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
uG uOHllEl'c vi lHG
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 he made in any other
manner provided for by law The
stockholders may change the domicile /
a will hy a Gntq r. foV \, 1ul
The OBJECTS and purposes ofth1s cor |
poration are the location, construction |
building, operating and maintenance
Of railroad of such gauge as may be |
determined by the board of Directors, |
with all its appurter ances, from some |
point on the bayou Teche at or near
the town Of New IBERIA, thence run
ming in a northerly or north westerly |
direction to point at or near the town |
OF Natchitoches, or to some intermedi- |
ate point where connections cen behad |
with a X X trunk line giving Northern |
and Western connectfOns-d h e
board of Directors may hereafter de-
termine; to own, manage and use said |
road and its appurtenances with such
double tracks. switches and branches
asmay 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 water, 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 as 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
hall be Five Hundred Thousand
Dollars, divided into and represented
by Twenty Thousand Shares of the
suiii~ of Twenty Five Dollars each.
which said stock shall be paid for in
in cash at the time of subscription, or
the 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
c0hhC bS lcSuCu, Pdtu, |
money advanced land fer such other
valuable considerations as the Board of
Directors o { said corporation may
determine; provided. that no stock
shall be issued until the considera-
ton therefor has been received by said
corporation.
ANY stakeholder may sell. assign or
transfer his stock / 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
the first privilege of purchasing same.
after which thirty days notice the
said stock may be sold in open mar
ket.
The stock Of said corporation may be
transferred under the above condi-
tons, provided such transfer thereof
be made on the books of the company
at its office and on surrender Of
the certificate therefor. No transfer of
any fractional part of share shall be
made.
This corporation shall commence do
ing business as soon as Twenty-Five
shares of the capital stock shall have
been subscribed for.
The poard of Directors shall have
the right TO determine how much stock