New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1904-05-28
ACT OF INCORPORATION.

| State of Louisiana. Parish of Iberia.
Be it known, that on this 23rd da,
of May A. D., 1904, before me, Alfre,
Renoudet, Notary Public, duly com
missioned and qualified. in and for tin
Parish of Iberia, State of Louisiana
and in the presence of the witnesse
hereinafter named and undersigned
Personally came and appeared:
Messrs. JOS. A. Breaux, Felix Pa
tout, =. l.. Renoudet and George J.
Cousin. residents of the city of New
iberia. La, who severally declared
that availing themselves, their success
.sors and assigns, of the provisions OF
the laws of the State of Louisiana
they do hereby from themselves into
a corporation as follows, to-wit:
ARTICLE |.
The name and title of this corpor-
alton shall be ''P. l.. Renoudet Lum-
Der Company, Limited - Its domi
cile shall be in the city of New Iberia.
and it shall exist for ninety nine years
from the date of this act.
ARTICLE III.
The objects and purposes of this
corporation shall be to carry on a
lumber manufacturing enterprise. to
erect lumber plant, TO build and own
a saw-mill and all that goes with a
saw mill, to put and operate all need
full machinery and prepare articles of
wood for the markets, to manufacture
lumber in all shapes as directed by the
Board of Directors, to make shingles.
sash, blind and doors, to buy and sell
trees; to buy swamps and other lands,
to erect cabins. dwellings or other
houses and to carry on all the business
of lumber plant in all its details, to
own yards and lands in connection
there with. and to make all needful
provision to that end. or accept mort
cages. pledges and privileges or exc
cute same, all i'm connection with and
for the purpose of carrying on their
lumber business and enterprise, under
Act. -----of 1888 and any other act
the business and enter
prise.
ARTICLE Ill.
The capital stock of this corporation
s hereby declared to be the sum of
Fifty Thousand Dollars, divided in
I've hunderd shares of One Hundred
Dollars each; Fifteen thousand cash
md with this the company will begin
operations. The remainder TO be
,aid in thirty equal monthly install
nents from the date of this charter on
all of the Board of Directors.
Of said capital stock of Fifty
thousand Dollars, Jos. A. Breaux
hereby subscribers to 1873 shares Felix
'atout, 1873 shares; p. L. Renoudet.
33 shares; and, George j. Cousin, lOl |
hares.
ARTICLE ".
The affairs of this corporation shall be |
by a Board of Directors, three
1 whom shall constitute a quorum.
which shall be elected annually on the
econd Monday in March of each year
y ballot and by majority of stock
represented at such meeting, and they
hall continue in office until their sue.
essors shall have been elected and
ualified. Stockholders shall have a
light to one vote for every share of
took held by them. Until the second
Ionday in Macrch 1905, the first
oard of Directors shall consist of
os. A. Breaux. Felix Patout, p. l..
'enoudet and George J. Cousin, who
nall at their first meeting elect Pres
lent, Vice President, Secretary
nd Treasurer from their number.
ervice Of citation shall be made upon
he President, and in his absence or
liability to act, upon the Vice Pres
lentsor Secretary.
ARTICLE V.
This charter may be altered or
or the corporation dissolved
any time by vote of two-thirds of
he stock represented at any meeting
llled for that purpose by the Board
Directors, after ten days personal
otics or by publication in one of the
In ~. 49,. |
ARTICLE vi. /,
At the expiration of this charter or |
'ould the corporation be dissolved at
~ time, then two liquiGators shall
J selected by the stockholders for the
lrpose Of settling the affairs of this +,
operation.
ARTICLE VII. +
The Board of Directors shall have I
e authority to make such bylaws,
les and regulations as may be neces-
ry TO carry ON the business Of this
operation and to change and alter t
e same at pleasure
ARTICLE VIII.
No stakeholder shall be liable or r
sponsible for the contracts or faults
the corporation in any further sum I
an the unpaid balance due on the
ares Of stock subscribed for or
Fned by him, nor shall any inform
ity in organization have the effect 7
making this charter null, or Of sub
citing stakeholder to any liability
yond the amount Of his stock.