The Opelousas courier., 1905-06-03
HA
OF THE
UNION IRRIGATION COMPANY.

Or THE
UNION IRRIGATION COMPANY.
United States of America, State of louisiana, !
Town of OpelOusas, Parish of st. Landry. )
Be it known, that on this Twenty-ninth day
of the month of April. in the year OF our I.ofd.
One Thousand Nine Hundred and Five, and or
the Independence Of the United States or Am
erica. the One Hundred and TWenty-Nlnth, be-
fore me, Henry e. EstOrSe, a Notary Pubic IN
and for he Parish of Landry, state or LOUIS
lana, duly commissioned and qualified, and In
the presence of the witnesses hereinafter nam
ed and undersigned, personally came and ap-
pcared 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
have convenanted and agreed, ana Il" herepy
covenant, agree and bind themselves. as wen as
all other persons as may hereafter hccoiio iS,
ISOLATED with them, and do hereby form ana
constitute a body polite in law for the pur-
poses and objects and with the powers, agree
ments and stipulatiOns as contained IN the AT
ticles of this Charter, as follows, to-Wlt:
ARTICLE This corporation shall ne known
and designated, and its dealings and business
carried on under the name; sty ynu apa we 1 fs
glomicile is hereby established in the Town OF
Opelousas, Parish of st. Landry. State of Lou
isiana, and it shall continue and ENJOY success.
ion under such corporate name Tor Il term Oh
Ninety. nine wears from and after the date here
of, unless sooner dissolved by the action OF the
StockholdersSl the manner provided ny Law
and i'll this Charter. Under sala eorP"ra III
name, it shall have, AenjOy ana exercise an
rights, powers and privileges herelnalier So
forth, as well as those granted or when may
hereafter be granted by law to corporations OF
this character, with full authority to contract
sue and be sued, plead Npd be implicated, APP
pear, answer and prosecute in all Courts OF
Justice and elsewhere tdknakt AND use u cor
porte seal, which shall he &circle" i the Wolus'
1.-The Union Irrigation Com )any,' ana III Tug
center, corporate Seal, 19& La, 10 name anu
appoint such officers, man gers ana directors
10 administer its affairs, a& be dettIieh nee
essary and proper; t" Nhke ana aa"pt s"'r
hv.I VS. far The rop:rA Manage Murnt of Aiie al
fairs of said ION a. may be r%essary
,nd nrnner and IN ,.Aiturmity with tht%brUViS-
ions of law and thisN nrter. and the same to
repeal. alter and ameiW at pleasure.
All citations or otleN legal process shall he
served upon the Presid mt. and in his absence,
upon one of the Vice TSesidents. or in the alb
sence OF the Presidency nd ~e Presidents,
mon the Treasurer of theACompa!y.
Article II-This corporation shall have and
possess all the powers, privileges and llnllllnl-
ties granted and conferred upon such corpora
tions by virtue OF the Laws OF tile state OF Lou
iSiana. b.
Article II-The objects and purposes for
which this corporation is organized, and the
nature OF the business to be carried on by IL
shall be-
Section TO purchase, lease, acquire. de-
yelop. build, construct. repair. enlarge, Extend
improve, equip, maintain and operate, rent or
sell pumping plants, canals, cohdults. wafer
courses, water rights, bitches, humes, TUNES,
irrigating systems, drainage systems, disctarge
systems, reservoirs, bikes, basins, sluices, ways,
locks, guard gates, ~mbankments walls, dams.
water works, electrical works, rice mills. mil
sites, warehouses, machinery, plant, apply
ances, equipments, fixtures, riparian rights,
rights of way, easements, appurtenances, iran
chlses, licenses, charter and other property or
rights to property, real, personal or mixed.
Ga. a To 6iuapt water from any nnhlc
source. of water supply within the State OF Lou
isiana, he it lake, reservoir, bayou or streams
of any kind to lmponnd water anu TO deVelop
sources of water supply TO pump wafer from
underground sources Or from any of the fore
going named sources; to buy, lease, rent, OWL,
appropriate and otherwise acquire water from
any source, and to use, sell, rent or lease such
water or water rights, and the right to use wa
ter and distribute such water for the irrigation
of lands, or for any other purpose.
Sec. To buy, sell, store. warehouse and
handle rough or clean rice, grains and cereals
of every description, and to grind, mill ana
convert the same into the various products
thereof; to own, lease or otherwise mold, eleVa-
tors, mills, graineries and structures for stor-
ing. handling, utilization and sale OF rice,
grains, cereals of agricultural products of every
nature and kind to carry on a mining ana
manufacturing business, and the business of
transporting agricultural products.
Sec. A-To acquire, buy. hold. own, maintain,
work, develop. sell, convey. lease. mortgage,
exchange, improve and otherwise deal in and
dispose OF lands improved and unimproVed, and
the products thereof; tenements, heredfta-
ments, chattels, real or personal property, or
any therein. concessions, grants, rights,
powers and privileges which may seem 10 the
Company capable OF being turned to account;
to erect and construct houses, buildings Oh any
land of the Company or upon any other land /;
to sub-divide, improve and develop lands for
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 needful ana
lawful for the development and improvement
of the same for any lawful purpose.
Sec. $40 carry Oh the business of general
warehousing in all it's branches; to issue GER
tifcates and warrants, negotiable or otherwise.
to persons storing or warehousing goods with
the Company, or make advances or loans upon
Directors may see fit and generally, to carry
on and undertake any business undertaking,
transaction or operation commonly carried on
or undertaken by suclr warehousemen.
See. 6-To carry on in all or any of its bran
ches, the business of farmers, planters and
shippers of any and all kinds of farm and other
products.
Sec. TO form and assist financially and
otherwise, firms, companies, syndicates, part
nerships and associations, and to give any
guarantee in connection Herewith, for the pay
ment of money or for the performance OF any
obligation or undertaking.
Sec. $50 purchase, to hold and re- issue the
shares of its capital stock.
Sec. TO borrow money, issue bonds, prom
isory notes or obligations of the Company from
time to time, for any OF the objects or purposes
of the corporation, and to secure the same by
mortgage. pledge or otherwise. on any or all Of
the real or personal property OF the corpora
ton, or both to make bylaws for the govern
ing of the corporation, and to amend or repeal
the same at pleasure.
Sec. 1O-In general, to carry ON any other
business with the foregoing, and have, exercise
and enjoy all the powers conferred upon snch
corporations by the laws of the State of Lonisi-
The foregoing clauses shall be construed both
as objects and powers, and it is hereby express
specific powers shall not be held to limit or re-
strict, in any manner, the general power of the
corporation.
1tal stock of this corporation is hereby declared
to be one million, six hundred thousand dollars
(S1, 500, 09O,) divided into three hundred and
twenty thousand, (s2o,ooo shares OF the par
total authorized capital stock, one hundred
and sixty thousand 100000 shares, amounting
to eight hundred thousand dollars 600. 000) shall
stock, and one hundred and sixty thousand
160, tO0) shares, amounting to eight hundred
thousand dollars $500 ,o00), shall be common
stock; both the preferred and common stock
shall be divided into shares of the par value of
five dollars $500 each, and shall have equal
voting power at ali stockholders meetings of
the Company.
Sec The holders of the preferred stock
shall be entitled to receive, and the Company
shall be bound to pay, when and as declar-
ed, from the surplus or net earnings of the cor
poration, an annual dividend at the rate of Six
per cent, Is oIo), per annum. payable on such
date as shall be fixed by the Board of Directors
The said Six per cent (6 0lo). dividend on the
preferred stock, shall be cumulative and shall
be payable before any dividends on the COM
mon stock shall be paid or set apart, SO that, if,
in any year, dividends amounting to Six per
cent, Is OI0l. shall not have been paid on the
preferred stock. the deficiency shall be a charge
on the net earnings of the Cnmnanv. hnt with.