The weekly Iberian. (New Iberia, La.) 1894-1946, 1904-01-02
Artiae

maintain and use, gaftahie walls
piers, deputs, stations aud other work I
ana appnrtehauets connected with and
incidental 10 sRhi railway aud its con
nections, and to run and manage The
same as he Directors Of saidst ouinauv
may deem 10 be most exhedieut
aud tor the welfare OF said CORPORA
ii u.
Second To take, transport. carry
ANA convey persons and property upon
ITS said railway by steam or other
! power, and 10 receive iur safe keeping
aud to store merchandise aud property
IN 1t yards and warehouses, and I'd re-
eetve for snch transportation. safe
| keeping or storage such tolls and
charges 2 frou time 10 time may lie
| established o. authorized D Be esfab-
lished by Directors of said railroad
company
Ihird-To obtain and receive by
purchase, grant, giit and bequest. both
rem aud personal prop uy aud fUrthp
purchase Of lands to tsaue stock caflif
Ieates ~ payment therefor, al such
valuation as may he asreed Ii 81 the
Directors of suid company ana Che
owners of said land
Fourth To obtain, BIZ grautor other
wise from any pafish, city o. village,
within TIE state any rights, privileges
OF franchises that any of said parishes
cities, Of villages may choose 10 grant.
IN reference 60 the obstruction OF
maintenance, managemeutand tee 81
the railroad, ITS depots, cars. locomo
ttyes, and IFS business within the
limits Of such or ans .of said particles,
cities aud villages.
Firth To appropriate property ac-
eofdihg 10 existing laws
SIKH 10 purchase or lease from
any railroad company ur corporation.
al any authorized sale, aoy railroad
and the charter, franchises, property
and apruttenanCes thereof aud main
tain and use the same as u part Of the
property of this company
Seventh To borrow m0uey or 70
purchase OF lease property on It's avn
credit Tor The purpose Of constructing
aud matntaing said railroad, and as
evidence f the Indebtedness of said |
company for such loans or the pur-
chase Or lease ofsaid propertt, to issue
its corporate bombs on promissofy
notes, beating interest at such rate per
annum as tho Directors may elect aud /
made payable ia gold or United States |
currency, at such times and place. az |
as may be deemed most to the advan-
tage OF the corporations, and for sc
curing the PAYMENTS Of said bonds or
notes, to mortgage and pledge its rail
roads, its capital stock, IFS corporate
and any Of its real aud per-
sonai property, 81 any portion OF the
same.
AftfcleG.
The corporate power shall Sc vested "a a
board of fifteen inembrfs. athhuldpts un-
" shall be eligible 20 ON g. Directors ehali
be elected by HE Stockholders pn the list
Monday 81 OgtUbtfuf eath year a. ~ M. The |
irst 3Oarlt ~ directors sBIEHuiziug The eouf- |
1any l0huld Their office until she Afsi Mon
iaY of October. 1914. IN case OF 10 election
IN he day named, the said Directors shall
continue ia office until their suprts sots are
elected aud enter upon the discharge Of their
luiies Tie directors shHli elect from
imong Their nuiuler Is president Wee ttps-
lent Secretary and Treasurer, Whose duties
hall beset forth In the by-la@s 6t die eptn-
lany. All meetings 0f stockholders for piue-
ions shall be held at HE office 81 the cHui-
lanyi al Uthe meetings Uf the Stockholders
hall he held IN the same place unless spepi-
yhich ease due nolice shall DC gwen mail
meetings Of the Stockholders eaeu share
hall be entitled tD ohe vote; ahsentees inaN
fote by Et0Ny, aud the ina iGrity Of votes
iast shniIgovern. no constitute il quorum
4 meetings Of The stakeholder. a fnai1lTity of
he shares shall be represented.
The treasurer before entering tbeduties
II his office Shall Give buna III stlph SIM as
he directors may 81 from time % tifne FOR j
ne faithful performance q his outfits which
hall be made payable 20 the Pre- aident Ter
must be approved ny the Board ~ Direct i
RS
The iloatd shall have power and authority
o appoint snch uther uiieeff, agents aud
Jerks as 4 may deem prantr. They may be
leIsOHs who ata not stockholders II may +,
make such ny-laAts, rules aud regulations rs
may consider neeessAtY tOr tie mmnaHE- /
nent af the business Of INSTRUMENTATION ard ,
t It's affairs Bhis y may amend from tltne
q time.
eight Membessof the Ranrd shall cons tifufe | I
.quorumTbe Directors chosen are empower
q TO gu un al Taeaueies Oh the llaara ind I
II othprs. The following uRDled PERSONS
hall constitute The FIRST Board Of directors,
o-wit:
Felix Patout geurge " Dalias. Charles /
James A Lee. Waiter ] Burke, I
nles lireyfns bazard lSlng, J Paul sRber- I.
iella. Il $ McMalpin. 1ehu 9tniaef Albert
John Bebert Is & Weeks q G I
.aughliu. Alexis VOORHEES,. who shall meet !
. suun as possible. elect their officers aud
ransact such business as they SHAH see
roper
Attisie7
rie directors shall eall meetings Of the
wheneyer fegufed 20 By hold- {
rs tlt one AfFiiHFtf Etitft7 al tHiftI NFbNkGLAt
ng tile object ia writing aud afsueh other
imes as they may choose
Article s.
No stakeholder stall be held liable FOR any /.
~ tue corporation bev0hd he !
mount az lis stock remaining unpaii, Nor |
hall any mere informalNR y Organization ,
axe tile effect ~ ahnuiling this chatter. or
{ az posing q stakeholder % any liability be- !
und that unpaid balance ri STOCK. 4
Article 8
rhis corporation may be Dissolved and This
ltarftf added to- changed. altered Uf atnend- 4
d at il general meeting uf the stockholders !
alled for that putpuse by an affirmative
ofu % titTee- f1urths ~ the stuck represent | !
d at tie meeting. MS Is provided for by the :
eetiun Gsaof Tie Revised statutes &c LOUISE
ma and hy law. lnpasr Uf voluntary dissu-
utiOn The liquidation shalltle conducted by
lirise commissioners ~ be elected NJ said
leptlng OF Stockholders. ~ ct a HtHpting 90
q called for that purpose.
Article To-
Every person who signs shsse subscription
ooks nr lists Of this corporation aud writes
nA number nf shares subscribed for gppasitg1
Is mime ond cor plies With sleh othet rnIi-
iiipns as The Directors iaiiv pfpYtde fur /
hall he share holder eutittNd to all the
ghts and privileges Of same
thus dnne aud passed At my Office IN the
Ity III New nefia. Parish If iberia, iOuls-
ma on the The far. mouth aud year FIRST
bus : written "a the presence nc = y Tel =
ntnnler and NiefnT Eraths ir- e0mpetani
tt,s sses wlt3 have signed ihFsp presents \
itn said appeafers aud nle, NOTARY, after Il
,lp raaftfitre M