New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1905-09-02

At all election. by, or meetings of the stock
holders, eaclt share of stock shall he entitled to
one vote.to be voted either by the person i'm whose
name the stock appears upon the books of the
| corporation ri the time of the vetng or bv nm
| effect. W ''"t
ARTICLE VI
! INC business and affairs aud corporate powers
OF this corporation shall be transacted by board
OF seven ga directors, to be com posed of stock
holders thereof, to he elected by a rnaioritv of Vii
| the votes at general meeting 10 be held for hat
psrpose on the first Monday OF ApriI Of eacb veor
The Directors thus elected shall serve for one
year or untll their successors shall have eIected
| and qualified. All elections shall he nondnetod
under the supervision of three members IN be ON
pointed by the Board Of Directors for that nu F
pose, and IN case of any one of said eom,nsssian
ers of election declining or failing to nrt the pr,
ident shall appoint another to I'll tho place Iba
said Board of Directors shall elect from their
number q president and vce-presdent Who
shall serve until their successors are elected and
qualified The Board of Directors shall have
power to FL vacancies occurring in the Bon,d
They shall make such bylaws, rules and rn,,1la
tons as they think proper for the transaction of
the business and affairs of said corporation, and
csasge alter and amend the same at pleasure;
appoint and fix the salaries of all officers, clerks
and employees, the same to change or dismiss Mt
pleasure, SELL convey, mortgage and pledge lease
ana purchase property, movable, immovable and
personal, borrow money, issue notes aud bonds,
make contracts and sign or cause to be- signed ali
necessary acts, deeds, etc. and do all necessary
thingS to he done in the management of said bus.
mess a. may be permitted by laws applicable to
corpol aticsS. Four members of said Board shall
constitute quorum for the transaction and man
agement of all business of said corporation.
ARTICLE VII
This act of Incorporation NAV be changed mod.
flied or altered or the said corporation may be
dissolved At special meeting of the stockholders
convened Tor that purpose, after fifteen days
prior notice by publication in any newspaper
published in the City of New Iberia with the as
sent OF three-ienrths of the capital stock of said
corporation,
Apu'rf1 T, x,r,Y
No stakeholder shall ever he held 1iab1a or ra
SpohSlbie Tor the contracts or faults Of said cor.
poration in any further sum than the unpaid bal
anee due by him on substitution To tho canital
stock nor shall any mere informalitv in organi
cation have the effect of rendering this charter
nun or OF exposing stakeholder to any further
stock ARTICLE tx " '"iN
The following persons shall constitute the first
board OF directors to serve nntil the first Monday
IN apri .i loo6' VIZ: J. Pant suberbielle, Henry
Ia. Smith, Aug j. Suberbielle, Maurice Berrerie
Albert A. DeBlanc, y. T.. Bergerie aud G. L. Rev.
nolds with the said J. p. Suberbelle "a president
ana the sald II. H. Smith 10 vice president.
ARTICLE X
This corporation shall be liquidated Mt the end
Of its term, or Mt its earlier dissolution provide
that three-fourths of its capital stock shall have
agreed thereto at meeting called fer that purpose
by three commissioners, said three commit ssion-
ers to be selected and appointed by the stockhold.
ers ut SAID meeting, said commissioners shall be
stockholders OF said corporation and their com.
pensation as lqudators shall be fixed on the day
of their appointment. Said commissioners sbaiI
continue to act until the business of the corpora
ton shall be entirely closed liquidated and in
the death, resignation inability of either or
two of them, then the survivors or survivor shall
act.
Thus done and passed in my office at New Ibe-
ria Parish of IBERIA Louisiana, on the day month
and year FIRST above written in the presence Of
Messrs. r. ID. Southwell and John r. White good
and competent witnesses, residing in this Parish
who have signed these presents with the parties
and me, Notary, after due reading of the whole
j. p. SUBERBIELLE, 48 Shares.
7. +. BER9ERIE, 20 Shares.
III. L.. SMITH
Per A. j. Suberbielle, 20 Shares
A. j. SUBERBIEILE, 20 Shares
A. A. DEBLANC, 20 Shares
9. Il. REYNOLDS, 2 Shares
MAURICE BERGERIE 20 Shares.
5 h a. S +. WH,rn, Witnesses.
+. w. BAUMAN, Notary Public
After careful examination of the charter of
New Iberia Cotton, Oil Il Manufacturing Com
pany Ltd, and finding nothing therein contrary
to the laws and constitution of the State of Lou
isiana, and Of the United States of America, /
hereby approve the same in all its parts
At New Iberia, Parish Of IBERIA La this 26
day of August A. D., 1905.
e. s. BROUSSARD District Attorney.