New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1905-08-26

property also borrow money make contracts
receive grants of land aud personal property, mud
make and use II corporate seal, the same 10 alter
aud break Mt pleasure, naise and Hppont mana
gers directors. officers, clerks aud agents the
interest or convenience OF said corporation may
| require make and establish such bylaws rules
aud regulations for the proper management and
regulation of the affairs of said corporation Ms
may be necessary aud the same TO alter and
change at pleasure, and shall possess all tho
! rights, powers and privileges TO which corpora
items are or may be BY any general law or laws OF
ARTICLE v.
| The capital stock ef this corporation II hereby
| bSed at Fifty Thousand txhO,OOOO 0l Dollars
| represented by 1000 shares Of $50 90 each All
stock subscribed for shall he payable In cash. or
property. rea and personal or for services aatn.
| ally rendered 10 the Company on such terms and
conditions ha the board of Directors may Al any
time determine.
All transfers of stock shall la made on the books
of the Company aud shall DO signed by the stork
holder or HIS attorney.
The corporation shall commence business NJ
soon ~ 100 shares of the stock shall have been
subscribed for
At nil elections by, or meetings of the stock
| holders, each share of stock shall bc entitled to
one yote.to he voted either by the person In whose
name the stock appears upon the books Of the
| corporation at the time of the voting, or by an
agent Or proxy duly authorized In writing To that
| effect.
ARTICLE VI.
| The business and affairs aud corporate powers
of this corporation shnil be transacted by hoard
of seven "a directors, to be com posed of stock
holders thereof, tn he elected by majority Of all
the votes ut general meeting Ia DO held Tor that
| purpose on the first Monday of Aprl Of each year
| The Directors thus elected shall serve for one
year or until their successors shall have elected
| and qualified. All elections shall he conducted
under tho supervision Of three members 10 be ny.
| pointed by the Board Of Directors for that pur.
| pose and In case Of any one Of said commission.
era OF election declining or failing to act the Pres.
iden, shall appoint another to All tho place The
| said Board OF Directors shall elect from their
number president and a vice-president who
lal.. ..s,tiI tt.xAa
| qualified. The Board OF Directors shall have
| power To Ill vacancies occurring In the Board.
| They shal make such bylaws. rules aud regnls.
lions ~ they think proper for tho transaction Of
the business and affairs OF said corporation, and
| change, alter and amend the same at pleasure,
appoint aud ix the salaries Of NIL officers clerks
| aud employees the same to chRnge or dismiss nj
pleasure. SELL convey. mortgage and pledge, lease
| aud purchase property, movable, imtnovable aud
personal, borrow money, Issue notes and bonds,
| make contracts and sign caase TO he signed all
necessary acts, deeds, etc, and do all necessary
things to be done IN the mann cement Of said bua
mess as mny b., permitted by laws applicable 10
| corpoin tions. Four members of said Board sha
| constitute quorum for the transaction and man
agernent of MI business Of said corporation.
| ARTICLE VII.
This net Of Incorporation may be changed, mod.
HE'D or altered, or the said corporation may be
dissolved nj special meeting of the stockholders
convened for that purpose. after fifteen days
published in the City Of New iberia with the ~.
sent Of three.fourths Of the capital stock Of said
corporation .
No stakeholder shall ever be ,held liable or re-
sponsible for the contracts faults Of said cor.
poratlon IN any further sum than the unpaid bal.
stock, NOR shall any mere informality In organi.
zation have the effect Of rendering this charter
null or Of exposing stakeholder to amy further
.,nna Than the arRa balance due on said
The following persons shall constitute the frst
Board Of Directors to serve uDtil the first Monday
/ 4..A ...al 4 H.. t..t.. ~
l.. Smith, Aug. j. Subsrhielle Maurice BerRerie
Albert A. DcBlape, 7. ". Bergerle and q. Il Rey.
! nods with the said J. T. suberbelle m president
and the said u T. A s%lth :: Misrepresentation
This corporation shall be liquidated at the end
of its term, or mt Its earlier dissolution provide
that three fourths Of lts capital stock shall have
agreed thereto Mt messing called for that purpose
by three commissioners, snid three commission
to be selected and appointed by the stockhold
ers nj snid meeting, said commissioners shall b,
stockholders Of said corporation, and their com
pensaton liquidAtors shall he fixed on the day
Of their appointment. Said commi ssieBers shaf
continue to act until the business Of the corpora
} tion shall b. entirely closed igudated, and IN
the death, resignation or inability Of either ~
two Of them. then the survivors or survivor shall
act.
i Thus done and passed In my Office 1T New The
ria, Parish Of Iberia Louisiana on the day, month
. ard year first above written In the presence o
b Messrs. X. b. Southwell and John T. White, goos
and competent witnesses, residing In this Parish
who have signed these presents with the parties
= and me Notary, after due reading of the whole
e j. r. SUBEKBfELLE, ~ Shares
= r E HERHEHIE. 40 Shares.
H. H. SMITH
r Per 4. J. suberbielle. 20 shares
u A j. SUBERBIELlE 20 Shares
!. A. A. DEBLANc. 20 Shares.
l. 9. r. REYNOLDS, 2 Shares.
!. MAURICE BERaERfE, 20 Shares
: + 5a1 ?, s Y Wn,rs. Witnesses.
o Y. w. BAuMAE. Notary Public.
e After a careful examination of the charter o
Z, New iberia Cotton, OIL n Manufacturing Com
I. pany Ltd. - and finding nothing therein eontrsr
IL the laws and constitution of the State of Lou
r. tSiana and Of the United States of America
9. hereby approve the same In all It's parts.
10 At New Iberia, Parish Of Iberia, La. this 2
ts day Of August A. d, 1905.
IF IT, y. BkOussAKD, District AttorpG1
ID Filed August 26tb, 1905,
ID CIfAS. Il. PROVOKE
=. State Of Louis ianA1
ID T. the undersigned u
y, hereby certifxt
- true and e.
&c amendin
Y, Oil a. MH
g, tify that
VI ton In my
ny aud Is OF RED
Raeord n Fol- r. 4