The Opelousas courier., 1905-05-13
CHI
or THE ,
UNION IRRIGATION COMPANY,
United States of America, State of Louisiana,
Town of 0nalausas- Parish of ST. Landry.

United States of America, State of Louisiana, (
Town of Opelousas, Parish of st. Landry. )
= 81 it known, that on this T~wenty-ninth day
of the month of April. in the year OF Our Lord
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 Il. Estorge, a Notary Public IL
and for the Parish ofSt Landry, State OF Louis
lana, duly commissioned and qualified, and in
ed and undersigned, personally came and ap
peared the several persons whose names are
hereuntO subscribed, who seVerally declared
that availing themselves of the provisions OF
the Laws and Constitution Of the State OF Lou
isiana, in such cases made and provided, they
lave c~onvenanted and agreed, and do hereby
covenant, agree and bind themselves. as well as
all other persons as may hereafter become as.
ISOLATED with them, and do hereby form and
constitute a body polite in law, for the pur'
poses and objects and with the powers, agree
ments and st%ipulatiOns 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 Cc-@4NY: LII
Opelousas, Parish of st. Landry, State Or lou
isiana, and it shall continue and enjoy success
ion under such corporate name for a term OF
of, unless sooner dissolved by the action OF the
Stockholders in the manner provided by Law
and in this Charter. Under said corporate
name, it shall have, enjoy and exercise al
rights, powers and privileges hereinafter Sc,
forth, as well as those granted or when may
hereafter be granted by law to corporations o.
this character, with full authority to contract
sue and be sued, plead and be im MI Go1H a !,
pear, answer and prosecute in all Courts o.
Justice and elsewhere to make and use n cor
porte seal, which shall be a circle of the words
1.-THE Union Irrigation Company" and In the
center, corporate Seal, 1905, La" to name and
annnint auph Rffie1rS- Inana0nrH and directors
10 administer its affairs, as may be deemed nee
essary and proper; to make ana adOpt suca
bylaws for the proper management OF the an
fairs of said corporation as may be necessary
and proper, and in conformity with the provls
ions of law and this Charter. and the same tG
repeal. alter and amend at pleasure.
All citations or other legal process shall be
served npon the President, and III his absence
upon one of the Vice Presidents, or IN the az
sence Of the President and Vice Presidents
upon the Treasurer of the Company.
Article II-This corporation shall nave and
possess all the powers, privlleges ana lmmumt
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 ana I1e
nature of the business to be carried on by II
shall be- . =.
Section 1 - To purchase. lease, acquire, de
yelop, build, construct. repair. enlarge, extehd,
equip, maintain and operate, rent OF
pumping plants, canals, c0ndHits. water
courses, water rights, bitches, fumes, tunnels
irrigating systems, drainage systems. dlsenarge
systems, reservoirs, dikes, basins. slulces, ways,
locks, guard gates. ~embankments. walls, dana,
water works, electrical works, rice mills, mill
warehouses, machinery, plant, apply
anees, equipments, fixtures, riparian rights,
rights of way easements, appnrtenances, iran.
chises, licenses, charter and other property or
rights to property, real, personal or mixed.
Sec. 2 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 impound water and TO develop
sources of water supply; to pump water from
underground sources or from any OF the lore
going named sources; TO buy, t6dse, feHt, eWn,
appropriate and otherwise acquire water from
any source, and to use, sell, rent or lease such
water or water rights, and the right tause wa
ter and distribute such water for the irrigation
of lands, or for any other purpose.
Sec. ITO buy, sell, store. warehouse and
handle rough or clean rice, grains and cereals
Of every description, and to grind, NIL ana g
to own, lease or otherwise hold, eleva-
mills, graineries and structures Tor stor-
ing, handling. utilization and sale or rice,
nature and kind to carry on a milling and
manufacturing business, and the business OF
transporting agricultural products,
Sec. ITO acquire. buy, hold. own, maintain.
work, develop. sell. convey, lease, mortgage,
OF lands improved and unimprOved, and
the products thereof; tenements, heredita-
ments, chattels, real or personal properly, OF
therein, concessions, grants, rights,
powers and privileges which may seem to the
caDabl OF being turned to account !;
to erect and construct houses, buildings on any
and OF the Company or upon any other lana ;
TO sub-divide, improve and develop lands LOT
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 needfnl and
awful for the deyelopmen a no Improvement
Sec. 5-T0 carry on the business OF general
warehOusing in all its branches; to issue GER
and warrants, negotiable or otherwise.
The Company, or make advances or loans upon
such goods or upon such other security as the
may see ft and generally, to carry
On and undertake any business undertaking,
or operation commonly carried On
Dr. undertaken by sue WarehOusemen.
Sec. 6-To carry on In all or any Of its bran
,hes, the business of farmers, planters and
of any and all kinds OF farm and other
products.
Sec. = = To form and assist financially and
otherwise, firms, companies, syndicates, part
lerships and associations, and to give any
guarantee in connection Herewith, for the pay
nent OF money or for the performance or any
obligation or undertaking.
Sec. 8-To purchase, to hold and tissue the
,hares of its capital stock.
Sec. ITO borrow money, issue bonds, prom
sorry notes or obligations of the Company from
lime to time, for any OF the objects or purposes
II the corporation, and to secure the same by
mortgage. pledge or otherwise, on any or all or
he real or personal property of the corpora
or both to make bylaws for the govern
Tg of the corporation. and to amend or repeal
he same at pleasure.
Sec. 10-In general, to carry on any other
with the foregoing. and have, exercise
md enjoy all the powers conferred upon such
by the laws OF the State OF Lonisl-
INA.
The foregoing clauses shall be construed both
ls objects and powers, and 1t is hereby express
. provided that the foregoing enumeration of
pecif1c powers shall not be held to limit or re-
trict, in any manner, the general power of the
Article IV-sec. The total authorized cap
tai stock Of this corporation is hereby declared IA 4 9
81 900, 000,1 divided into three undred and
wenty thousand, f320,000) shares of the par
ralue OF five dollars, $500 each, n OF such
nd sixty Thousand (l68, 000l shares, amounting
o eight hundred thousand dollars 600. 000l shall
'e ak per cent t6 oIoJ cumulative preferred
took, and one hundred and sixty thousand
dollars ts8oO. O00), shall be common
took; both the preferred and common stock
hall be divided into shares OF the par value OF
we dollars $500 each. and shall have equal
power at all stockholders meetings OF
he Company.
Sec q = The holders OF the preferred stock
hall be entitled to receive, and the Company |
hail be bound TO pay, when and as declar- |
a, from the surplus or net earnings Of the cor
an annual dividend at the rate OF Six |
er cent, Is OIol, per annum. payable On ouch
ate as shall be fixed by the Board of Directors
The said Six per cent Is OI0), dividend on the
referred stock, shall be cumulative and shall
o payable before any dividends on the conn
ION stock shall be paid or set apart, so that, If, |
i any year, dividends amounting to Six per |
emit, i6 OI0), shall not haye been paid on.the |
stock the deficiency shall 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. a-After the payment Of the said prefer