New Iberia enterprise and independent observer., 1905-09-23

the articles and stipulations following
to- wit
| ARTICLE l.
The name of the said corporation shall
be az. MCILII IIENNY'S SON" aud under
it's said corporate name it shall have pow
or and authority to have and enjoy sue
cesson for tho full term and period oi
ninety-nne years from date hereof; tc
sue and be sued; to make and use acor-
porate seal, and the same to break and
alter at pleasure ; to hold. receive, lease,
purchase and convey, as well as mortgage
pledge and hypothecate property, real
personal and mixed, corporeal and incor'
poreal to name and appoint such mana
gers, agents, directors and officers as its
business interests and convenience may
require. and to make and establish, as wei
as alter aud amend from time to time such
bylaws, rules and regulations for the
proper government of the affairs of th,
said corporation as may be necessary and
proper.
ARTICLE H.
The domicle of the said corporation
shall be in the Parish of Iberia, State OF
Louisiana, and all citations or other lega
process shall be served upon the Presi'
event of his absence, upon the Fice-Pres
ident thereof.
ARTICLE III.
The objects and purposes for which this
corporation is established, and the nature
of the business to be carried on by 1t, are
hereby declared to be: To manufacture
and sell sauces, condiments and extracts
Of oil sorts, and food products in general
to acquire, own and conduct stores for the
sale of merchandise of all sorts to ac-
quire and own stocks and bonds OF Other
corporations to acquire, own and develoI
real estate in the State of Louisiana and
elsewhere; to open and work mines, and
generally to carry on such business and
make such contracts rs may be germane
or incidental to any of the purposes here
in set forth.
| ARTICLE ".
The capital stock of the said corporation
il hereby fixed ut the sum of Six Hun lrcd
and Ninety Thousand Dollars. TO be dlvi-
| ded into aud represented by SiNty-Nine
Hundred shares of stock Of the par value
of One Hundred Dollars each. Said stock
shall be paid for in cash mt snch time, III
such amounts, and after such notices to
the subscribers M may be fixed by the
Board of Directors. or the same may be
issued for labor done, services rendered oi
money or property actually received oi
purchased by the said corporation, upon
such terms and In such amounts and at
such times as may be prescribed by the
Board of Directors. The corporation shall
become n going concern and shall be
authorized to commence business as soon
as Twenty Five Thousand Dollars OF the
capital stock shall have been subscribed
for. ARTICLE V.
All the corporate powers Of the said cor
porntion shall be vested in and exercised
py n Board of Directors to be composed o'
Three stockholders, to be elected """naliy
on the first day OF August Of ""' h year
after ten days notice in wri'ir 10 eacl
stockholder by mailing ~" '" MS place
of business or residence. >"pf the firs'
Board OF Directors appoi atcd III his char
tor, who shall hold their offices n"''' fh'
first day of August 1907, ~ Until 'h"'i
succ ccessors are elected AMI q 'ltird Fra
yided that the number of members OF said
Board may be increased 1t any time hv n
unanimous vote of said Board 10 any mum
ber not TO exceed FIVE.
| All such elections for directors shall be
by ballot, and conducted mt the Office o'
the said corporation under the supervision
of two commissioners TO be appointed by
the Board of Directors.
Every stockhclder shall be entitled t6
one vote for ench share OF stock standing
in his name on the books of the Company
to be cast either in person or by proxy,
and majority OF the votes cast shall elect
ANY vacancy occurring among the Di-
rectors by death, resignation or otherwise
shall be filed by election for the remain
der OF the term of the Board by the remain
ing directors.
A failure to elect directors on the date
above specified shall not dissolve the cor
poration, but the Directors then in Office
shall remain in Office until their successors
are elected and qualified and shall cause
another election to be held'as soon as pos
sible thereafter, after notice shall have
been given as above provided.
Each Director shall be entitled to vote
at meetings of the Board either in person
or by proxy, and a ma jority OF Directors
present, either in person or by proxy. shall
constitute n quorum for the transaction OF
business.
| The first Board Of Directors OF this cor
poration shall be composed Of Il. A. Nc
| ilhenny, John A. Mcllhenny, X. A.
McIlhenny and with Edward A. Nell
benny ms President and General Man
ager; John A. McIhenny as Vice.
President, and r. A. McllhenDy as
Secretary. Each Board Of Directors there
after elected In accordance herewith shall
elect from their own number President,
| Vice President md General Manager.
They shall have the power to elect the
same person TO fill the Offices of President
and General Manager. They shall also
elect a secretary, who may or may not be
member of the Board OF Directors or a
| stockholder.
ARTICLE VI.
This act Of incorporation may be modi
fed, changed or altered, (except In re-
spect Of change in the amount of it's cap.
ital stock, which must be effected In the
manner and form provided by law or the
said corporation may be dissolved with
the assent OF three -feurths of the capital
stock represented at n general meeting OF
| the stockholders convened for such pur-
| pose, after a written notice to each stock
holder mailed to him at his usual place OF
residence at least thirty days prior to the
date Of meeting.
ARTICLE VII.
| No stockholder shall ever be held liable
| for the contracts or faults Of the said cor
poration in any further sum than the nm
paid balance due the corporation on the
shares of stock owned by him nor shall
any mere informality in organization have
the effect in rendering this charter null, or
OF exposing any stockholder to any liabil-
ity beyond the unpaid amount remaining
due on his stock.
ARTICLE VIII.
/ The subscribers hereto have respective
| ~ written opposite their names the amount
OF stock in this corporation subscribed for