New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1904-06-25

Messrs Jos A. Breaux, Felix Pa
tout, 2. L. Renoudet and George j
Cousin, residents of the city of Nev
Iberia, La, who severally declared
that availing themselves, their success
sors and assigns, of the provisions O
the laws Of tire State of Louisiana
they do hereby from themselves int
a corporation as follows, to-wit:
ARTICLE l.
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 year.
from the date of this act.
ARTICLE II.
The objects and purposes of this
corporation shall be TO carry on a
lumber manufacturing enterprise, to
erect a lumber plant, to build and own
sawmill 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 bv 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 i'll connection
there with, and to make all needful
provision TO that end, or accept mort
cages, pledges and privileges or exc
cute same, all in connection with and
for the purpose of carrying on their
lumber business and enterprise, under
Act. of 1883 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 HUNDRED shares of One Hundred
Dollars each; Fifteen thousand cash
md with this the company will begin
operations The remainder to be
)aid i'll 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 subscribed to 1873 shares Felix
'atout, 1873 shares; P L. Renoudet,
80 shares; and, George j. Cousin, 1O1
hares
ARTICLE ".
The affairs Of this corporation shall be
onducted by Board of Directors, three
f whom shall constitute a quorum,
5hich shall be elected annually on the
acond Monday in March of each year
y ballot and by majority of stock
apresented at such meeting, and they
hall continue in office until their sue
essors shall have been elected and
Stockholders shall have a
ght to one vote for every share of
1ock held by them. Until the second
[Onday in Macrch 1905, the first
GARD of Directors shall consist of
os A. Breaux, Felix Patout, P. L.
and George j. Cousin, who
lall at their first meeting elect Pres
lent, a 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-
lent or Secretary.
ARTICLE V.
This charter may be altered or
nended, or the corporation dissolved
any time by vote of two thirds of
lie stock represented at any meeting
lied for that purpose by the Board
Directors, after ten days personal
,tice or by publication in one of the
.wspapers in the city of New Iberia.
ARTICLE vi.
At the expiration of this charter or
Ould the corporation be dissolved at
~ time, then two liquidators shall
selected by the stockholders for the
lrpose of settling the affairs of this
rpOration.
ARTICLE VII.
The Board of Directors shall have
e authority to make such bylaws,
les and regulations as may be neces-
ry to carry on the business of this
rporation and to change and alter
e same at pleasure
ARTICLE VIII.
No stakeholder shall be liable or
spOnsible for the contracts or faults
the corporation in any further sum
an the unpaid balance due Oh the
ares of stock subscribed for or
vned by him, nor shall any inform
ity in organization have the effect
making this charter null, or of sub
citing stakeholder to any liability
.yond the amount of his stock.
Thus done and passed at my Office
New Iberia, La, in presence of
essrs. Armand Cousin, Jr and W. F.
competent witnesses, who
I'VE signed these presents, with the