New Iberia enterprise and independent observer., 1905-09-09

nroper government of the affairs OF the
said corporation as may be necessary ana
proper.
ARTICLE II.
The domicile of the said corporation
shall be in the Parish of Iberia, State OF
Louisiana, and all citations or other legal
process shall be served upon the Presl-
dent of the said corporation, or IN the
event of his absence, upon the Vice-Pres-
ident thereof.
ARTICLE III.
The objects and purposes for which this
corporation is established, and the nature
of the business to be carried on by 1t, are
hereby declared to be: To manufacture
and sell sauces, condiments and extracts
of all sorts, and food products in general
to acquire, own and conduct stores for the
sale OF merchandise of all sorts to ac-
quire and own stocks and bonds of other
corporations to acquire, own and develop
r. al estate in the State of Louisiana and
elsewhere; to open and work mines, and
generally to carry on such business ana
make such contracts as may be germane
or Incidental to any of the purposes here
in set forth.
ARTICLE w.
| The capital stock of the said corporation
Ia hereby fixed at the sum OF Six Hun lred
and Ninety Thousand Dollars, to be divi-
| ded into and Represented by Sixty-Nine
Hundred shares of stock OF the par value
of One Hundred Dollars each. Said stock
shall be paid for in cash at such time. in
such amounts, and after such notices to
the Subscribers rs may be fixed by the
Board of Directors, or the same may be
issued for labor done. services rendered or
money or property actually received or
I purchased by the said corporation, upon
such terms and in such amounts and at
such times as may be prescribed by the
Board of Directors. Tue corporation shall
become a going concern and shall be
authorized to commence business MS room
as Twenty-Five Thousand Dollars of the
capital stock shall have heen subscribed
| for. ARTICLE V.
All the corporate powers of the said cor
poration shall be vested in and exercised
| pv "A Board of Directors to be composed of
Three stockholders, to he elected annually
on the first day of August OF each year,
after ten days notice in writing to each
stockholder by mailing same to his place
Of business or residence, except the first
Board of Directors appointed in this char
ter, who shall hold their Offices until the
first day of August, 1907, or until their
successors are elected and qualified pro-
vided that the number of members OF said
Board may be increased at any time by
unanimous vote of said Board to any mum
ber not to exceed five.
All such elections for directors shall be
by ballot, and conducted at the office oil
the said corporation under the supervision
of two commissioners to be- app tinted by
the Board of Directors.
Every stockhclder shall be entitled to
one vote for each share of stock standing
in his name on the books of the Campany,
to be cast either in person or by proxy.
and u majority of the votes cast shall elect.
Any vacancy occurring among the Di-
rectors by death, resignation or otherwise
shall be filed by election for the remain
der OF the term of the Board by the remain
ing directors.
A failure to elect directors on the date
above specified shal not dissolve the cor
porution, but the directors then in office
shall remain in Office until their successors
are elected and qualified, and shall cause
another election to he held as soon rs pos
sbIe thereafter, after notice shall have
been given NJ above provided
Each Dir-ctOr shall be entitled to vote
at meetings OF the Board either in person
or by proxy, and majority OF Directors
present, either in person or by proxy. shall
constitute quorum for the transaction of
business.
The rst Board of Directors OF this cor
Iorarion shall be composed OF E. A. Me-
Ilhennv, John A. Mcllhenny. h. A.
McIlhenny and with Edward A. Nell
ag.r; John A. McIlhenny Ms Vice
President, and r. A. Mcllhenny as
Secretary. Each Board of Directors there
after erected in accordance herewith shall
elect from their own number n President,
Vice President aud n General Manager.
They shall have the power to elect the
same person to fill the Offices Of President
and General Manager. They shall also
elect a secretary, vino may or may not be
u member Of the Board Of Directors or
stockholder.
ARTICLE vi.
This act of incorporation may be modi.
fed, changed or altered, (except in re-
spect of change in the amount Of it's cap
ital stock, which must be effected in the
manner and form provided by law or the
said corporation may be dissolved with
| the AHecUt Oh tnTee-iuurbuS VI tuo Cdpibht
stock represented at a general meeting of
the stockholders convened for such pur-
/ pose, after written notice to each stock
holder mailed to him at his usual place Of
residence Mt least thirty days prior to the
date of meeting.
ARTICLE VII.
No stockholder shall ever be held liable
for the contracts or faults Of the said cor
poration in any further sum than the un-
paid balauce due the corporation on the
shares of stock owned by him nor shall