New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1904-02-20

the usnal course of business tract, 1,agr
own. and operate rice mills, -urear mills
and Iefneries, corn mills, cotton giuue,ios
and congresses, cotton OH mills gI cuf.
ton mills also 20 mill and uanrfar,ur.
agricultural products as well as the l,-
nroducts of same into any aIfrIr a. com
m.ree own, lease, and operate drainage.
pavigabe antt irrigatjug canals, vlf~r-
crafts, tramways aud railroads lu SEQ far
! as these are necessary 10 the operation
of the foregoing purposes tine feeding and
grazing of cattle aud prepare the same.
| its products and by products into uYikrt-
abl. products enter INTO any contract,
| with farmers or other persons inI 'u" pu-
pose of cultivating crcp- ui u.. 'ris rul
for securing the sHiar for 're mills and
factori rs which said company may operate.
subscyibe to and hold stock ur u'hri. nui.
norotions OF IA kindred nature, and tp ,Io
any and all things that may bnU,cts any To-
carry out any OF all Of the ulj ects rum.I
and shall for such purpose hayp foil power
TO purchase and own or lease real estate.
machinery, etc, necessary or convenient
TO carry on said business, TO pledge or
mortgage, sell or exchange same. 70 fix
tariff or rate of charges for receiving
storing aud forwarding rice and for mill
ing same, and generally to make and
enter into any and all contracts i'm rpla-
ton to said business that may become
necessary.
ARTICLE ".
This corporation may sue and be sued
in its corporate name, hold, receive: pur-
chase. convey, SELL mortgage hypothpcate.
pledge, lease and suitcase and enjoy real
and personal property also borrow money
and make contracts, receive grants of
land and personal property, and make
and use corporate seal, the Same to alter
and break at pleasure name and appoint
such managers, directors, officers, clerks
and agents as the interest or convenience
of said corporation may require, make
and establish such bylaws, rules aud regu
lations for the proper management and
regulation of the affairs of said corpora.
ton as may be necessary and the same to
alter and change at pleasure, and shall
possess all the rights, powers and privileges
to which corporations are or may he by
any general law or laws of this State
authorized and entitled to possess.
ARTICLE V.
Tho capital stock of this corporation is
DpreUH HA6u ut lHt SUM VI EitIy
Thousand Dollars, represented by one
thousand shares of $50 90 each. All stock
subscribed for shall be payable in cash or
real and personal, or for services
actually rendered to the company on such
terms and conditions as the Board of Di-
rectors may at any time determine
All transfers of stock shall he made on
The books of the company and shall he
The corporation shall commence bust
ness as soon as 100 shates of the stock
shall have been subscribed for.
At all elections by, or meetings of the
each share OF the stock shall
be entitled to one vote to be voted either
by the person in whose name the stock
appears upon the books of the corporation
1t the time of the voting, or by his agent
,r proxy duly authorized in writing to that
effect.
ARTICLE VI.
The business and affairs and corporate
powers of the corporation shall he tran
,aeted by Board of Five Directors to be-
composed of stockholders thereof TO be
elected by majority of all the votes at
Meeting to be held for that purpose on the
It'll Monday of April of each year. The
Directors thus elected shall serve for one
'ear or until their successors shall have
,een elected and qualified. All elections
hall be conda cted under the supervision
# three members to be appointed by the
Board of Directors for that purpose, and
n case of any one of said Commissioners
Il Election declining or failing to act the
President shall appoint another to fill the
lace. The said Board of Directors shall
lect from their number n President
nd Vice-President who shall serve I'M
II their successors are elected and qualified.
he Board of Directors shall have power
0 fill vacancies occurring in the Board.
hey shall make such bylaws, rules aud
equations as they think proper for the
of the business and tho affairs
I the said corporation, and change, alter
nd amend the same at pleasure, appoint
nd fix the salaries of all officers, clerks
nd employees, the same to change or dis
hiss at pleasure, sell, convey, mortgage,
ledge, lease and purchase property,
lovable, immovable and personal. borrow
loney, issue notes and bonds; make con-
acts and sign or cause to be signed all
ecessary acts, deeds, ETC., and do all me-
essary things to be done in the manage
tent of said business as may be permit
ID by laws applicable to corporations.
Three members of said Board shall con-
itute q quorum for the transaction and
Of all business of said corpor-
lion.
ARTICLE VII.
This act of incorporation may be chang
!, modified or altered, or the said corpo
ltion may be dissolved at special meet
% of the stockholders convened for that
lrpose, after fifteen days prior notice by
ALLEGATION in weekly newspaper pub
she'd in the City of New iberia with the
,sent of three-fourths of the capital stock
said corporation.
ARTICLE VIII.
No stock holder shall ever be held liable
responsible for the contracts or faults
said corporation in any further sum
ian the unpaid balance due by him on
description to the capital stock, nor shall
ny mere informality In organization have
70 effect Of rendering this Charter null,
OF exposing stock holder to any fur
er liability than the unpaid balance due
! said stock.
ARTICLE TX.
The following named persons shall con-
itute the first Board of Directors to serve
It'll the fourth Monday in April, 1904,
z: Albert Estorge, Leon Dreyfus, Henry
Smith, j. Paul Suberbiello and Jules
reyfus, with the said Albert Estorge as
resident and the said Jules Dreyfus as
ARTICLE X.
This corporation shall be liqudated at
Q end of its term, or at its earlier DISC
tion-provided that three-f ourths Of the
pital stock shall have agreed thereto at
meeting called for that purpose by three
mmissioners appointed by the Board Of
rectors at = regular meeting of said
,ard, said commissioners shall he stock
lders Of said corporation and their com
nsation as liquidators shall be fixed by
Board on the day of their appointment.
Said Commissioners shall continue TO
until the business of the corporation
all be entirely closed or liqudated, aud
the event of either or two of them, then
survivors or survivor shall act.
Thus done and passed in my office in
w Iberia, Parish OF Iberia, State of
uisiana, on the day, month and year
1t above written, in the presence of
sssrs. J. Robert Perry and E. e. Del
MINER 0o01 and oo,nnntn,t nil