The weekly Iberian. (New Iberia, La.) 1894-1946, 1904-01-02
CHARTER
OF THE
n Iberia & Northern
Railroad Go.
CHARTER
i. If Louisiana, Parish Of Iberia.

t,own that Oh this 23rd day Of
peaa,b Of October A. y. 1908, perso-
M ammo and appeared before me,
mi W Banman, Notary Public n
I "a tor The Parish of iberia, State Of
,,oaisapa, duly commissioned ana
esalihed,
a,d King. Felix Patout, He1ry J.
s~lh Ell Weeks, J = Suberbielie.
sn an.iss Cnugeuheim. q Z Langhlin,
tsas A Lee. Porteus Il nuke, John a
s.'art Water ] burke, james tiebert,
W., q Emmer, George Henderson,
sl Dnpuy, William = Weeks Il S
ssNahon, John X Taylor George n
s.bsrtson, Rudolph I Ribbeck, j +
sliard. / Octave Hacker, John
'.aassard, AchiIle Mamus, and j
fsbriel Leblanc,
IA declared that availing themselves
5,he privileges granted hy the laws
f,ba State of Louisiana relative TO
N orranization Of corporations for
n eoostruction, making aud main
Z,,;ny of railroads and Other works Of
.btir Improvement, they have con
acted and agreed and do by these |
,ssepts contract, agree, bind and OBJ |
suta themselves as well as such other |
s,sons who may become hereafter
.~ciated with them by subscribing |
,be stock of this corporation, to form /
"A eopstitute corporation and bod, |
alitic In law for the objects and pur-
eps hereinafter expressed under the |
Moving stipulations, to-wit:
Article /.
The name Of this corporation shall
the New Iberia &c Northern Rail
nsd Company. Under its said corpo-
ste name il shall have power and au-
Aofity to have and enjoy succession
N The term of ninety nine wears, to
notfact sue and be sued to make aud
hss d corporate seal and to alter same
4 pleasure. to receive and hold to
nreliase, sell, convey, lease, mort
i've and pledge its property both real
fsbd personal; 10 appoint such mana
Nh. directors. officers and agents as
Fla interests NAV require, to make aud
EMablish such by laws for the proper
Engagement and regulation Of the af-
! hirs 81 the corporation as may be
necessary, and generally To- exercise
/ ithe rights and provisions granted
|kand conferred by law on such cor
|pfations.
Article 2
The domieile of the corporation
|yhall be In the Town Of New Iberia, {
Parish OF IBERIA, aud all citations and !
liner legal processes shall be served {
Ia the President and in his absence on
|Ae Vice. President, and in the absence !
4 both OF said officers on the Seere
&ry. They may be made in any other
nsnner provided for by law The !
10ckholders may change the domicile
awill by a vote necessary to alter this
jkartef. !
Article 3
/ The objects and purposes ofthis cor /.
|oration are the location, construction
tIding, operating and maintenance I
! A railroad of such gauge as may be {
etermined by the board of Directors,
|lth all its appurterances, from some /
oint on the BAYOU Teche at or near i
he town OF New IBERIA, thence rum 9
iDg In a northetly or north westerly
ifecli0n to point at or neattlle town =
fNatchitoehes, or to some internedi- j
II point where connections cen behad z
Ilth X X trunk line giving Northern !,
IA Western connections s h e q
bard of Directors may hereafter de
Dfmine; to own, manage and use said !
pad and its appurteuanees with such !
Nuble tracks. switches and branches q
pmaysbe deemed necessary, at any $
NE 10 construct; TO make such con-
1HlOns and business combinations 4
Nd other lines of transportation J
1sther By land or wnter. rs the ri ,
l1tofs may enter into; to take. TO I
Hnepnrt, carry, convey persons and Il
sgpefty ut such rates, subject TO such I
lles and regulations ~ tie directors =
~ establish from time to time To
Eufe'tle carrying out of their objects !
N purposes, the corporation IL vested {
Alh the rights, privileges and fran I
W. provided BY law, and the power t
lso ali things necessary in the pre-
|hes.
Article 4. d
36e capital stock of said corporation i
III be Five Hundred Thousand Q
Mars, divided into and represented }
Twenty Thousand Shares Of tie
NJ Uf Twenty Five Dollars each,
1leh said stock shall be paid for In {
rash ut the time of subscription, or &
\ Dame may be issued, at not less '
|nu par, Ia payment or exchange for ]
0ptrty or rights actually received OF
9e may be issued, full paid, for !,
eney advanced sand fer such other i
!|uab|e considerations as the board of
lfectors { siiid corporation may
s&ftnine; provided, that no stock il
I'D be Issued until The considera Il
a therefor has been received by said \
|fpofation. i
ANY stakeholder may sell. assign or II
4eeitr his stock | j this corporation,
fided 30 DAYS prior notice of such
eation to sell, assign or transfer the :.
Il pc given the company, and the II
"a stockholders thereof shall have II
nfss privilege of purchasing same. y
N which thirty DAYS notice the :
Stock may be sold in open mar a
|Hae stock Of said corporation may be
1Sfefred uuder the above condi-
provided such transfer thereof
.ade IN the books Of the company
Office and on surrender OF
sftificatc therefor. No transfer of
Hnctional part Of a share shall be
evaporation shall commence do
RetIess as soon as Twenty-Five
q the capital stock shall have
suhseriped for.
noAtd of Directors shall have
~ 70 determine how much stock