The Opelousas courier., 1905-05-20
CHI a e R
Or THE
UNION IRRIGATION COMPANY.

Be it known, that on this Twenty-ninth day
of the month OF April. in the year or Orr Lofd.
One Thousand Nine Hundred and Five, and OF
the Independence of the United States OF Am
erica, the One Hundred and Twenty Ninth, be-
fore me, Henry E. Estorge. q Notary Public ID
and for the Parish ofSt. Landry, State or LOUIS
lana, duly commissioned and qualified, ana III
the presence OF the witnesses hereinafter nam
ed and undersigned, personally came ana ap-
pcared the several persons whose names are
hereuntO subscribed. who severally declared
that awaiting themselves of the provisions of
the Laws and Constitution of the State of Lou
isiana, in such eases made and provided, they
have convenanted and agreed, and 90 herepy
covenant, agree and bind themselves. as well as
all other persons as may hereafter become as,
ISOLATED with them, and do hereby form ana
constitute a body polite in law, for the puf-
poses and objects and with the powers, agree
ments and stipuiations as contained in the Ar
ticles of this Charter, as follows, to:wit:
ARTICLE This corporation shall be known
and designated, and its dealings and business
carried on under the name, style and title OF
THE UNION IRRIGATION COMPANY. Its
domicile is hereby established IN the 1oWn OF
OpelOusas, Parish of St. Landry. State or Lou
isiana, and it shall continue and enjoy success
ion undSS such corporate name for u term OF
Ninety. nine years from and after the date here
of, unless soonerelissolved by the action of the
and in this Charter. Under said corporate
name, it shall have, enjoy and exercise all
rights, powers and privileges hereinafter set
forth, as we'll as tIsss granted or when Inn may af
ClCdttC W SiAhtCSECy
this character, with MI authority TO contract,
sue and be sued, plead and be implicated, ap.-
near. answer and prosecute in all Courts Of
Justice and eiseWherek to max and use ~ cor.
p0rte seal, which shaH he a circle of the words,s
The Union IrrigatloR Company" and III the
center, corporate SEal, 1905, La" to name ana
appoint such offiep9s, managers avn directors
to administer itfaaffairs, as may btaeemed nee
essary aud prober; to make andtadort such
bylaws for the moper management OF the al
fairs of said cOrI}&ration as may be necessary
and proper, and N conformity with the proyis-
ions of law and this Charter, and the same to
repeal. alter and AMEND at pleasure.
All citations or osser lesa process shall be
served upon the President, and in his absence.
sence of the President and Vice Presidents,
upon the Treasurer OF the Company.
Article H-This corporation shall have and
possess all the powers, privileges ana lmmnhi-
ties granted and conferred upon such corpora
tions by virtue of the Laws of the State of Lou
isiana.
Article III-The objects and purposes for
which this corporation is organized, and the
nature OF the business to be carried on by 1t
shall be-
Section l To purchase, lease, acquire. de-
yelOp. build, construct. repair, enlarge, extend,
improve, equip, maintain and operate, rent or
sell pumping plants, canals, c0ndults, wafer
courses, water rights, bitches, fumes, tunnels,
irrigating systems. drainage systems, discharge
systems, reservoirs, dikes, basins. slulces, ways,
locks, guard gates. ~mbankment walls. dams.
water works, electrical works, rice mills, mill
sites, warehouses;, machinery, plant, apply
ances, equipments, fixtures, riparian rights,
rights of way, easements, appurtenances, fran
ch1ses, licenses, charter and other property OF
rights to property, real, personal or mixed.
Sec. - To divert water from any public
source OF water supply within the State OF Lou
isiana, be it lake, reservoir, bayou or streams
of any kind to impOnnd water and to develop
sources of water supply; 10 pump water frem
underground sources or from any OF the fore
going named sources; to buy, lease, rent, own,
annpOnriata and OtfprWlS6 nEnuire water from
any source, and to use, sell, rent or lease such
water or water rights, and the right to use wa
ter and distribute such water for the irrigation
of lands, or for any other purpose.
Sec. 8 To buy. sell. store. warehouse and
handle rough or clean rice, grains and cereals
of every description, and to grind, mill and
convert the same into the various products
thereof; to own, lease or otherwise hold, eleva-
tors, mills. graineries and structures for stor-
ing, handling, utilization and sale Of rice,
grains, cereals of agricultural products of every
manufacturing business, and the business of
transporting agricultural products,
Sec. 4-To acquire, buy, hold, own maintain,
work. develop. sell, convey, lease, mortgage,
exchange, improve and otherwise deal in and
DISPOSE OF lands improved and unImproyed, and
the products thereof; tenements, heredita-
ments, ehattels, real OF personal property, or
anyinterest therein, concessions grants, rights,
powers and privileges which may seem to the
Company capable of being turned to account;
to erect and construct houses, buildings on any
land of the Company or upon any other land
to sub-divide, improve and develop lands for
purposes of farming or otherwise; to convert
and appropriate any such land into roads,
streets, water ways and other conveniences,
and to do and perform all things needful and
lawful for the development and improvement
of the same for any lawful purpose.
Sec. $40 carry on the business of general
w~arehonslng in all it's branches: to issue GER
tiffeates and warrants, negotiable or otherwise.
to persons storing or warehousing goods with
the Company, or make advances or loans upon
such goods or upon such other security as the
may see fit; and generally. to carry
and undertake any business undertaking,
transaction or operation commonly carried on
or undertaken by such Warehousemen.
Sec. 6-To carry on in all OF any of its bran
ches, the business of farmers, planters and
shippers of any and all kinds of farm and other
products.
Sec. To form and assist financially and
firms, companies, syndicates, part
and associations, and to give any
in connection herewith, for the pay
ment of money or for the performance OF any
or undertaking.
Sec. $40 purchase, to hold and re issue the
shares of its capital stock.
Sec. 9-To borrow money, issue bonds, prom
isory notes or obligations of the Company from
time to time, for any of the objects or purposes
of the corporation, and to secure the same by
mortgage. pledge or otherwise, on any or all of
ton, or both to make bylaws for the govern
ing of the corporation, and to amend or repeal
the SAM at pleasure.
Sec. 10-In general, to carry on any other
with the foregoing, and have, exercise
and enjoy all the powers conferred upon such
corporations by the laws Of the State of Louisi-
ana.
The foregoing clauses shall be construed both
rs objects and powers, and it is hereby express
" provided that the foregoing enumeration of
specific powers shall not be held to limit or re-
strict, in any manner, the general power of the
corporation.
Article IV-sec. The total authorized cap
tai stock of this corporation is hereby declared
Q be one million, sig hundred thousand dollars
,wenty thousand. (320,000) shares of the par
value of five dollars, $500 each, and of such
total authorized capital stock, one hundred
md sixty thousand (I60, 000) shares, amounting
eight hundred thousand dollars ts00.000)s shall
)e six per cent Is OIO, cumulative preferred
took, and one hundred and sixty thousand
thousand dollars $500, oOo), shall be common
toek; both the preferred and common stock
hall be divided into shares of the par value of
i've dollars $500 each, and shall have equal
yOting power at all stockholders meetings of
he Company.
Sec . : The holders of the preferred stock
hall be entitled to receive, and the Company
hall be bound to pay, when and as declaP-
ID, from the surplus or net earnings of the cor
al annual dividend at the rate of Six
Ter cent, t6 olo}. per annum. payable on such
late as shall be fixed by the Board OF Directors
The said Six per cent {6 0I0), dividend on the
stock, shall be cumulative and shall
'e payable before any dividends on the COM
stock shall be paid or set apart, SO that, il,
q any year, dividends amounting to Six per
emit, (6 0I0l. shall not have been paid on the
stock the deficiency sha be a charge
N the net earnings of the Company. but with.
ut interest until paid. and shall be paid before
dividends are paid to, or set apart for, the
of the common stock.
Sec. 3-After the payment of the said prefer
ntial cumulative dividend of Six per cent,
5 oIo. for each and every fiscal year to the
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