New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1905-02-25
OH A RTE-R
BAYOU BLUE LAND AND RECLAMATION
COMPANY, Ito. q

State Of Louisiana, Parish OF Iberia.
Be il known that on this 10th day of tn
month of January, A. ID. 1905, before me
Fred. W. Bauman, Notary Public. dul
commissioned and qualified. in and 70
the Parish Of iberia, State of Louisiana
and in the presence of the witnesses here
uafter named and undersigned person
ally came and appeared George w
Dallas Paul LeDanois, J C.. Akers, Wal
ter J Burke and Portens X. Burke, al
residents Of the Parish of Iberia. whose
names are hereto subscribed, all Of fui
age. who declared that availing them
selves of the provisions Of the laws of thi'
State. relative TO corporations, they have
covenanted and agreed. and by these
presents covenant and agree, and bint
themselves. as well as such other persons
as may hereafter become associated witt
them, to form and constitute corpora
tion and body polite in law. for the pur.
poses and objects. and under the stipnla
tions. articles aud conditions following
to wit
ARTICLE |.
The name and title of the said corpora,
ton shall be "Bayou Blue Land and Rec.
lamation Company. Limiled," and its
is hereby established in the City
of New Iberia, State of Louisiana and
under its said corporate name, said cor
poratiou shall have power and authority
to contract. sue and be sued TO make
and use a corporate seal, and the same TO
break and alter 1T pleasure ; to hold. re-
ccive, have, purchase, improve, alienate,
convey. SELL borrow, mortgage and hy-
pothecate. under its said corporate me.
real, personal and mixed rs
name and appoint such officers, directors,
agents and managers, or employees, as
he interest or convenience of said cor
may require: to make and estab-
lish bylaws, rules aud regulations for the
proper management and regulation of its
affairs. as may he deemed necessary and
proper, and the same to alter and change
al pleasure and to do all other acts and
things permitted by law. or as shall be
necessary and proper TO carry out tho OBJ
iocts and purposes of said corporation.
Said corporation. unless sooner dissov-
ed in accordance with its charter shall
exist and continue for the period of (25)
years from and after the
late hereof.
The president, or in his absence or in.
ability TO act, the vice president shall be
he proper person upon whom citation or
her legal process shall be served.
ARTICLE H.
The objects and purposes for which this
corporation is organized, and the nature
If the business to be carried on by it. are
declared TO be the following, to-wit to
Train, reclaim and clear lands and to pre-
lare lands for cultivation to eolonize
md work lands in the manner and for the
purposes deemed eXpediant by the board
VI directors to engage in works Of land
and development generally
md to 10 all things german to the i'm
,rovement, betterment and development
# lands in value and resources with the
Jew of either selling the same for and in
,ehalf of the corporation.
ARTICLE III.
The Capital Stock OF the said coiporo-
ion shall be Fifty Thousand {$50.000)
Dollars divided into and represented by
i've Hundred (500) Shares of the sum Of
)ne Hundred ($l00.00) Dollars each,
which said stock shall be paid for in cash
1 the time of subscription, of the same
'e issued, at not less than par, in pay.
nent OF exchange for property or rights
ctually received or purchased by said
aporation, or the same may be issued,
ull paid, for money advanced, and for
uch valuable consideration or services
8 the board of directors of said corpora /,
ion may determine; provided, that no
toek shall be issued until the eonsidera-
ion therefor has been received by the
aid corporation.
Any stockholder may sell, assign or
fansfcr his stock in this corporation, |
rovided Thirty (30)days prior notice Of
uch intention to sell, assign or transfer
he same be given the Company, and the
ther stockholders thereof shall have the |
rst privilege Of purchasing same, after |
-hich 80 days notice the said stock may |
0 sold in open market. The stock of !
aid corporation may be transferred un- |
er the above conditions, provided such |
'ansfer thereof be made on the books OF |
aid Company, at its Office in New Iberia,
nd on the surrender Of the certificate
ierefor. No transfer of any fractional |
art OF share shall be made.
This corporation shall commence doing |
usiness as soon as Fifteen Thousand
l50c0) Dollars of the capital stock shall |
ave been subscribed for. The Board of
reciors shall have the right to determine
ow much stock shall be sold.
ARTICLE ~.
The corporate powers Of the Company
lall bo vested in and exercised by Il
oard of Five f5) directors, consisting OF
10 president, Vice president, the
'rretafy and treasurer and two other
reetors, three (3) of said Board shall
institute Quorum for the transaction OF
lsiness, and lheir decisions shall be
lid corporate acts.
The following persons shall constitute
Ia first board OF directors George w.
alias, president; J G. Akefs, vice pre-
dent: Po,tens II. Burke. Secretary and
easuref; Paul i.epanois and Walter J.
urke.
No person shall he eligible as
rector or AN officer who is not a
OF this company. During the
,senec OF the president the vice pre-
dent shall net and preside. Said Board
ial continue in Office until the first
onday in January A. ID. lg06. on which
ate and thereafter annually board OF
rectors shall, be elected ON the first
'ednesday In January of each year, un.
IS the same shall he holiday, when
e election shall he he'd on the next
gal day thereafter. Notice of such cle-
ion be given by Mt least ton (lO1 days
lblieation immediately preceding each
cetion in one OF the newspapers of this
ty; and the board Of directors shall APP
lint one or more stockholders to preside
such eleetion as commissioners. In
'ent Of the failure Of any commissioner
commissioners to attend, the president
all, hy appointment. FIJI the vacancy.
ny failure from any cause whatsoever to
eel directors the day named fos that
lrpose shall not dissolve this corpora
IN. but the directors then IN office, as
ELL as the officers Of said company, shal.
ia over until their successors are chosenl
In such event the president shall cause
'other election to he held within thirty
Iys, and shall give notice thereof A.
rein before provided.
AZ every election and meeting each
Dckholder shall be entitled 10 vote for
CHI share Of stock registered in his name.
"a may vote by proxy. The election Of
reetors shall be by ballot. and the
sjority Ia amonnt II votes cast, each
are al stock voted upon being counted