New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1905-02-18
CHARTER
-QF-
BROUSSARD LIVERY COMPANY,

LIMITED
United States Of Americn-StHte of L0aisiAna--
49,. Parish Of iberia.
BE IT KNOWN, That on the Thirty first day
OF January, a. d. 1905 before me, Fred W.
Bauman, Notary Public duly commissioned and
qualified in and for the Parish Of Iberia State
of Louisiana, and in the presence of the wit
nesses hereinafter named and undersigned, per-
sonally came and appeared, John Broussard,
Alfred Gates and Albert J. Br0ussard all rest
dents of the Parish of iberia, whose names are
hereunto subscribed, all of full age, who declared
that. avaling themselves of the provisions OF the
laws of this State. relative 10 corporations, they
have eovenanted End agreed, and BY these pres
ents covenant and agree and bind themselves as
wei as such other persons as may hereafter be
come associated with them, form and eonsti-
tute a corporation and bod.y polite ia law under
Act 7S of 1904, for the purposes and objects,
and under the stipulations, articles ana eond
tions following, to-wt
ARTICLE J.
The name and title ot the said corporation shall
be " BROUSSARD LIVERY COMPANY, LIMI
TED, and its domieile is hereby established in
the city Of New iberia, Parish OF Iberia, State OF
Louisiana; and nnder us said corporate
said corporation shall have power and authority
10 contract. sue and be sued to make and use
corporate seal, and the same 10 break and alter
st pleasure; to hold receive have. purchase, iTn-
prove. ALLEVIATE. convey. sell borrow, mortgage
and hypothecnte, under its said corporate name,
property, real, personal and mixed TO name and
ppoint such officers, directors, agents and mana
gers or employees. the interest or convenience
sof said corporation may requires to make and es-
tablish bylaws, rnles and regulations of its
affairs, as may he deemed necessary and proper,
and the same fe alter and change ut pleasure
and to do all other acts and things permitted by
law shall he proper and necessary and
10 carry out the objects and purposes of
said corporation Said corporation, unless sooner
dissolved in accordance with its charter, shall
exist and continue for the period OF twentyi five
t25) years from and after the date hereof.
The President, or in his absence or inability to
act the Vice President shall be the proper person
49,. tkas4A -l,~I1 L..
served.
The abiecfs and purposes Of this corporation
are declared tss Ae; TO buy and sell live stock
In I've stock and vehicles and hire out horses and
vehicles, aud TO do general livery and sales
$500 ARTICLE III.
The capital stock OF the said corporation shall
be Four Thousand Eight Hundred t@f,S00. 00)
Dollars, divided into ana represented by forty
eight t4s) Shares of the sum u One Hundred
f$lO0O0) Dollars encb, which said stock shall be
paid for in cash at the time Of subscription
I d she same be issued, at not less than par In
payment or exchange for property or rights nc
tually received or purchased by said corporation,
or the same may be issued full paid for money
advanced and for such other valuable tonsdera-
t.oE services rs the Board of Directors of said
corporation may determine; provided that no
stock shall be issued until the consideration there
for has been received by he said corporation.
Any stockh9lder may sell, assign or transfer his
days prior notice of such intention 10 SELL assign
or transfer the same be given the Company, and
the other stockholders therof sEall have the first
privilege OF purchasing same, after which thirty
days notice the said stock may be sold in the open
market. The stock OF said corporation may be
transferred under the allowed conditions, pro
yided such transfer thereof be made on the books
Of said Company, at its Office in New Iberia ana
ON the surrender OF tho certificates therefor. No
transfer of any fractional part Of share shall be
made.
The corporation shall commence doing business
AS soon Four Thousand Eight Hundred ga,
500 .00) Dollars of the Capital Stock shall have
teen subscribed for. The Board Of Directors
shall have the right to determine how much stock
shall be sold
ARTICLE ~
The corporate powers of the Company shall be
vested in aud exercised br Board OF Three (3)
Directors -or sisting of the President Vice .Presi
dent tho Secretary and Treasurer. .tghn Brous.
sard President Albert ,. Broussard Vice Presi-
dent and Alfred gates Secretary aud Treasurer
The following persons shall constitute the first
Hoard Of Directors Jehn -Bronssard Albert
Broussard aud Alfred Gates.
No person shall be eligible as director or an 81
hcer who IL not stockholder ot this Company.
During the absence Of the President, the. Vice.
NSsnuc In ONCE until the nrst Monday in
January A. d., 1906, on which date, and there
after. annually, Board OF Directors shall be
On ne nv. ~ he Halliday IA tb
election shall he held on the next legal day there
after. Notice OF such election shall be given
Hy at least Zen fitl DAYS pubiirdVlon mmeulhtefy
preceding each election IN one of the newspapers
Of the city; and the Board Of Directors shall ap
point one or more stockholders TO preside at such
election as commissioners In the event Of the
attend the President shall, by appointment MI
the vacancy. Any failure, from any cause what
soever 10 elect directors the day named for that
purpose, shall not dissolve this Corporation, but
the directors then in office, well as the officers
OF said Company. shall hold over unt1 their sue.
cessors are chosen.
Ia sush event the President shall cause an. /
other esetlon to be held within thirty days, and
shall give notice thereof hereinafter provided
every election meeting each ssosshoasr s elder
registered In his name. and may vote by proxy
The election of directors shall be by ballot and
election I the board shall Immediately elect from
their own number r,e the oiilseTs "f said Company
The Board of Directors shall have fall power
10 hll vacancies in their number caused BY death,
resignation or otherwise fren among the stock I
holders Of tho Corporation
fht said a?ard shall have fall control ei the i
property Of this company and shall SO conduct I
manage and use the same SIS In their discretion I
they deem ~ and that Is consistent with the OBJ
lets q 'd shs Company q the wsf e the e
and adopt such bylaws rules and regulations as (
the anairs and business Of the corporation may 4
lssgslvs, sg, ns i may deem necessary for ths con on |
same shalt not conflict with this charter or with 1
the laws of the State, or Of the United States
The said Board shall elect or appoint such on
esrs, agents employees. servants and clerks as II
may deem necessary for the conducting Of the
Ruptness Of the corporation; fix their compcnsA
sicn, terra q service, With the right 70 dismiss
ahall have the right to nx and determine the I
salasisa Of the several officers herein provided
ARTICLE yI.
amended, the capital stock Increased or de. I
creased creased or this Compensation asy b. as.