New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1905-09-02
CHARTER
New |beTi0 COIIAl, Oil Z Manufacturing
COMPANY, LIMITED.
State of Louisiana Parish of iberia


Be 1t known that ON this 18th day of the month
of August A. ID. 1908, before me- Fred w Bau-
man, Il Notary Public in and for the Parish of
Iberia, State of Louisiana duly commissioned
and qualified, and in the presence of the witness.
eS hereinafter named ana undersigned, pCronally
came and appeared the several persons whose
aames hereuuto subscribed, who declared
that, avaling themselves of the provisions of the
laws of this State relative to the organization
of corporations, they have agreed and bind and
obligate themselves rs well as such persons as
may hereafter become associated with them and
their successors, do form and constitute corpor
alton and body polite in law for the objects and
purposes and under the conditions and stpula-
tons as contained aud set forth in the following
articles, to wit;
ARTICLE Ell
The name aud title of said corporation shall
be NEW IBERIA COTTON OH AND MANU-
FEATURING COMPANY, Limited . 1t shall
exist for the full term and period of twenty (20)
years from the date hereof.
ARTICLE H.
The domicile of this Company shall be in the
City of New Iberia Parish of iberia, Louisiana,
and all citations and other legal process shall be
served upon the president Of said association,
or, in case or his absence or inability to act, upon
ARTICLE III.
The objects and purposes for which this cor
poration is established aud the nature of the
business IN he carried on 10y it, are hereby dc
cared US follows. to wit:
To plant cultivate, buy and sell rice, sugar
cane, corn, cotton and other agricultural products
pose of receiving, storing, keeping and toward
ing same in the usual course of business; erect
lease, own and operate rice mills, sugar mills and
refincrs, corn mills cotton gnneries and com.
presses cotton oil mill and cotton mills; also to
mill and Manufacture agricultural products rs
well as the hy-products of same into any article
of commerce; own, lease and operate drainage
manageable and ir1igating canals, water craft
tramways and railroads in Far as these are
necessary to the operation of the foregoing pur-
poses; the feeding and grazing Of cattle and pre-.
,,nf,
marketable produce; enter into any contracts
with farmers or other persons for the purpose of
cutivating crops of all kinds and for securing
the same for the mills and factories which said
company may operate; subscribe to and hold
stock in other corporations of kindred nature
and to do any and all things that may be neces
sary to carry out any or all objects named and
shall for such purpose have full power TO pur
chase and own or lease real estate, machinery
etc. necessary or convenient to carry said bus
mess, to pledge or mortgage, sell or exchange
same to Fix tariff or rate of charges for receiving
storing aud forwarding rice and for milling sanre
and generally to make and enter into any and all
contracts in relation to said business that may
ARTICLE ".
This corporation may and be sued in its
corporate name. hold, have, receive, purchase,
convey sell, mortgage and hypothecate, pledge,
lease and suitcase and enjoy real and personal
property; also borrow money make contracts
receive grants of land and personal property and
make and use n corporate seal, the same to alter
and break at pleasure; nafre and appoint mana
gers, directors, officers clerks and agents the
interest or convenience of said corporation may
require make and establish such bylaws, rules
and regulations for the proper management and
regulation of the affairs of said corporation
may be necessary and the to alter and
change mt pleasure. and shall possess all the
rights, powers and privileges to which corpora.
tions or may be by any general law or laws OF
this State authorized and entitedt to possess.
ARTICLE V.
The capital stock eff this corporation is hereby
fixed at Fifty Thousand tS5OO0O.OO7 Dollars,
represented by 1000 shares of $50 90 each. All
stock subscribed for shall be payable in cash, or
property real and personal, or for services actu.
ally rendered to the Company on such terms and
conditions rs the Board of Direstors may ut any
time determine.
All transfers of stock shall he made on the books
of flfe Company and shall be signed by the stock
holder or his attorney.
The corporation shall commence business as
xoon as 100 shares of the stock shall have been
subscribed for