The weekly Iberian. (New Iberia, La.) 1894-1946, 1903-11-21
CHARTER
OF THE
lew Iberia & Northern
Railroad CO.
CHARTER
OF THE
ate Of Louisiana, Parish of Iberia.

sA
II lkBe it known that on this 23rd day O
Il he month of October A. y. 1903, perSo
Il hlly came AM appeared before me
ID Ifed w Baumap. Notary Public il
ID for the Parish of iberia, State q
Il louisiana, duly commissioned anc
4 Falified,
"a Jules Dreyfns, George W Dallas
~ lizard King. Felix Patout, Henry /
Il hith, j. 4 Weeks, j + SuherbieIie
Y s1arles Gougenheim. q c Iaughlin,
zines A Lee. Porteus II Ike, JOhn A
IN ebert, Waiter J burke. James Gebert
bert g Emmer,. George Hendpis son.
u les y Dupuv, William r Weeks, :
q eMahon, John r Tavior George NJ
sobertson. Rudolph p Ribbeck, + r
@llard, l. Octave Hacker, John
y. bussard, Achile J Mamus, and j
n briel Leblanc,
K 40 declared that awaiting themselves
.EWthe privileges granted Nv the avs
b Nthe state of Louisiana relative to
Up organization OF corporations for
MR construction, making aud main
Il ming of railroads and oiher works Of
II Ablic improvement. they have con-
NJ Icted AID agreed and do hy those
ii <esepts contract, agree, bind and oh
@Nate themselves as well a@ such other
fsons who may become HEREAFTER
4 lociated with them by subscribing
Il the stock of thIs CORPORATION, TO form
i ID constitute a corporation ani bod,
little fn law for the objects and rur-
i pes hereinafter Expressed under the
tt1rr - At 4
IM Article l.
#4he name of this corporation shall
4 THE New Iberia &c Northern Rail-
md Company. Under it, said COMO
+ K name it shall have power ard au-
g 4rity 10 have and enjoy succession
Il the term of ninety nine years to
q Htract, sue and be sued IT, MAKE ana !
&we corporate seal and to alter same
n Wpleasure, to receive and hold, 70 |
#chase, sell, convey, lease, mort
e and pledge its property both real
tM personal; to appoint such mana
\ ~, directors, officers and agents rs
INTERESTS may require; to make and
hblish such bylaws for the proper
Engagement and regulation Of the af-
! RS OF the corporation las NAV be
eessarv, and generally to exercise
/ 1.-THE rights and provisions granted
tnd conferred 10y law on such cor.
cations.
.M Article 2
tsrhe domicile of the corporation
nhAll be in the Town of New Iberia,
irish OF Iberia. and all citations and ,
Ner legal processes shall be served {
the President and in his absence on ;
.8 Vice. President, and in the absence !
both OF said officers on the Secre
sH. They may be made in anv other {
inner provided for by law The !
kholders may change the domicile i
&Eill by vote necessary to alter this ..
&rter.
.i Article 3
fhe objects and purposes of this cor !.
tation are the location, construction
sslding. operating and maintenance !
! railroad of such gauge as NAV be /
ermined by the board of Directors, I
n all its appurteI ances, from some !
mt on the bayou Teche at or near i
town Of New iberia, thence run o
g in northerly or north westerly
ec1ion to point at or near the town =
Natchitoches. or to some intermedi- d
n. point where connections cen behad u
X X trunk line giving Northern !,
3 western connections s h c d
*<rd OF Directors may hereafter de T.
Il mine; TO own, manage and use said |
ID and its appurtenances with such :.
33ble tracks. switches and branches a
may be deemed necessary, at any s.
he to construct; to make such con-
8tions and business com binations .
n other lines Of transportation ]
ether by land or vater. as the Di- D
tors may enter into; 10 take, to =
nsport, carry, convey persons and n
#perty at sucl rates, subject 10 sucn !,
ses and regulations as the directors p
N establish from time to time TO
nre the carrying out of their objects :,
purposes, the corporation Invested q,
40 the rights, privileges and fran il
pes provided by law, and the power q
10 all things necessary in the pre-
Article 4. 4
capital stock of said ccrporatio,, n
I'll be Five Hundred Thousand OF
liars, divided into and represented y
M Twenty Thousand Shares of the
4El of Twenty Five Dollars each,
24ch said stock shall be paid for In 8
#faah at the time Of subscription, or :.
VI same may be issued, NJ not less y,
Y n par, Ia payment or exehanEf for g
|perty or rights actually received or !,
chased bv said CORPORATION. or the d
le may be issued, full paid, for q
sney advanced and fer such other i,
lsuable considerations AS the Baard of
sectors said corporation may
sermine; provided, that me- stock
I'LL be issued until the conAidera- \,
"a therefor has been received b said n
|poration. =,
ANY stakeholder may sell. assign or ii
snefer his stock ! this corporation.
Scidcd 80 DAYS prior notice Of sGeh
ention to sell, assign or transfer The !
ne be given the company, aud the ~
Ter stockholders thereof shall have Al
first privilege OF purchasing sane. b,
er which thirty days notice The ";
d stock may be sold in open mar du
he stock of said corporation may be
usferred Under the above conai-
ns, provided such transfer thereof
uade on the books of the company
70 office and on surrender OIL
certificate therefor. No transfer of
I fractional part of a share shall be
de.
his corporation shall commence do
business MS soon as Twenty-Five
res Of the capital stock shall have
d subscribed for. 81.
he BOARD Of Directors shall have s
right to determine how much stock
II be issued.