New Iberia enterprise and independent observer., 1905-09-23
CHARTER
New |beTi0 Cotton, Oil Z Manufacturing
COMPANY, LIMITED.

| BE 1t known that on this 25th day Of the month
/ OF August A. D. 1905 before me, Fred w. BRa.
man. a Notary Public in and for the Parish OF
| IBERIA State of Louisiana, duly commissioned
and uualih fed and In the presence OF the witness
| os hereinafter named and undersigned, peronAlly
came and appeared the several persons whose
| names are hercuuto subscribed who declared
| That awaiting themselves of the provisions OF the
| laws of this State relative to the organization
! of rorporations they have agreed, and bind and
| obligate themselves, as well as such persons AS
| may hereafter become associated with them audi
their successors, do form and constitute corpor.
alton and body polite In law for the objects and
! purposes and under the conditions and stipuls-
| lions as contained aud set forth In the following
| articles, to wit:
The name and title Of said corporation shall
he NEW IBERIA COTTON OIL AND MANU-
! FEATURING COMPANY, Limited II shall
exist for the full term and period of twenty t2O)
! years from the date hereof
ARTICLE H.
| The domjcle of this Company shall be In this
| City of New Iberia, Parish Of Iberia, Louisiana,
and all citations and other legal process shall be
served upon tho president of said associAtion,
or In case his absence or Inability to act. upon
ARTICLE III.
| The objects and purposes for which this cor
| poratlon IN established. and the nature OF the
| business Ia be carried on by IL, are hereby de.
| clared RA follows, to.wit!
| To plant, cultivate, buy and sell rice sugar
cane corn cotton and other agricultural products
| to build and maintain warehouses for the pur.
| pose of receiving storing, keeping and toward
| Ing same In the usual course OF business erect,
lease. own and operate rice mills, sugar mills and
| renners, corn mills, cotton giDneries and coEi'
| presses cotton oil mill and cotton mills. Also To
| mill and manufacture agricultural products ~
we'll ms the by products of same Into any article
| of commerce; own, lease and operate drainage,
navagable and irrigating canals, water craft.
| tramways and railroads In so far rs these are
| necessary to the operation Of the foregoing par.
poses; the feeding and grazing OF cattle and pre-
| pare the same, it's products and by products Into
| marketable produce; enter into any contr acts
| ytt furm of other DprsOus for the OF
cultivatng crops Of all kinds and for securing
| the same for the mills and factories which said
| compnny may operate; subscribe to and hold
stock In other corporations Of n kindred nature.
and 10 do any and all things that may be peces
| sary 10 carry out any or all objects named, And
| shall for such purpose have fuil power I, >Hpr-
| chase and own or lease real estate, mAchins
etc. necessary or convenient TO carry on said NJ.
| mess, to pledge or mortgage, sell or exchange
same fix tari ir or rate OF charges for receiving
| storing and forwarding rice and for milling same,
| and generally to mako and onter into any and all
| contracts In relation to said business that may
'''''''' ARTICLE "
| This corporation may sue and he sned In Its
| corpornt. name, hold. have, r.reN,, purchase,
convey, sell, mortgage and hypothrcate, pledge,
| lease and suitcase and enjoy real and personal
| property, also borrow money. make contracts,
receive grants os land and personal property, and
| make and use u corporate seal the same 70 alter
| and break Mt pleasure; paIse and appoint mana
gers directors, officers, clerks and agents 1s the
| Interest or convenience of said corporation may
| and regulations for the proper management snd
| regu laton of the affairs Of said corporation ~
may be necessary and the same To alter and
| change mt pleasure. and shall possess oil the
| rights powers and privileges TO which corpora.
| tions or may be by any general law or laws OF
this State authorized '%,r rnd entitled to possess
| The capital stock cf this corporation is hereby
| fxed at Fifty Thousand 1850. 900. OO) Dollars,
| represented by 1000 shares Of $4,000 each. All
stock subscribed for shall be payable In cash, or
property, real and personal, or for services sstu
| ally rendered to the Company on such terms and
| conditions ms the Board Of Directors may ut any
All transfers OF steck shall be made on the books
of the Company and shall be signed by the stock
The The corpor"tioa co % shall commence bushes. =.
soon as 100 shares Of the stock shalt have been
subscribed for.
| Al all elections by. or meetings Of the stock.
| holders each share OF stock shall be entitled to
one vote to be voted either by the person In whose
name the stock appears upon the books OF the
| corporation at tine time OF the voting. or bv On
agent or proxy duly authorized In writing to that
effect.
| The business and affairs and corporate powers
of this corporation shall be transacted BY board
of seven "a directors, to be composed Of stock.
holders thereof, to be elected by majority Of all
purpose on tho first Monday Of April Of each year.
| The Directors thus elected shall asrvs for ore
year or until their successors shall have sltctse
| aud qualified. All elections shall be condu1o1ax<
under the supervision Of three members to b. Ap.
pointed by the Board Of Directors for that psr-
| pose, and In case Of any one Of said commsson.
Of election declining or failing TO set the Pres
ident shall appoint another TO all the place The
| said Board OF Directors shall elect from their
number n president and q Vice. president who
shall serve until their successors elected and
| qualified. The Board OF Directors shall have
| power TO hlI vacancies occurring In the Board.
They shall make such bylaws. rules and regula.
| tions M they think proper for the trAnsketiopof
| the business and affairs Of said corporation, and
change, alter and amend the same q pleasures
appoint and fix the salaries Of ell officers. clerks
| ana employees, the same to change dismiss Ut
pleasure sell, convey, mortgage and pledge, lease
and purchase property, movable, immovabls snd
personal borrow money issue notes and bonds,
make contracts and sign or cause to be signed oil
necessary acts, deeds, etc, and do all necessary
| things TO be done In the management Of said bus.
q. be permitted S lev: e
| constitute quorum for the transaction and man.
agement Of ali business Of said corporation.
This act Of incorporation may bs changed mod.
| fled or altered, or the said corporation may be
dissolved at special meeting OF the stockholders
convened ,,"r Tor sn.s Rs.pS.s sitter hfs:sn days
published in the City Of New iberia with the ~.
sent Of three.fourths Of the capital stock Of said
ARTICLE VIII.
No stakeholder shall ever be held liable or re-
sponslble for the contracts or faults Of said cor.
porston In in any further ssm than ss unpaid Sa
stock. nor shall any mere nformality In organi.
zation have the effect Of rendering this charter
null, Or Of exposing stociholder to any furth:!
| stock. ARTICLE TX.
| The following persons shall constituts the Arst
Anr 81 % 9s Pau Has
| L. Smith. Aug. J. Sebsrbielle. Maurice Berssris.
Albert 4. DeBlanc, r =, Berx.ri. and Q. ,, ney.
and the said d. 4 xkTioLE F%ijta !: xyl'''pr''d''''
This corporation shall be liguid.t.d at the ..d
o Of Il. capital ssoss shall Ss,:
agreed thereto 1T meeting called for that purpose
by three commissioners, ssid three Commission.
s % ss ssS s:sus :nd :, =
| stockholders Of said corporation and their com
pensation an liquidators shall be A1sd on the day
continue to net until tho business Of the eoypors
tion shall be entirely closed llqnidatsd, and IN
| the death, resignation or inability Of either of
two Of them then the survivors or survivor shall
| act.
Thus done and passed In my Office st New Ibs
ria Parish of iberia, Louisiana on the day. month
Msssrs. X. d. Southwell and John T. White. good
and competent witnesses. residing In this Parish.
who have signed these presents with the parties
ana me- N''"J, ?. ist suBERBiEiLE. I @ " 4s IS Shares
r. r. BER0ERfE. 10 sharss.
Per 4. !. saberbislls. 70 Shares
A. J. SUBERBIELLE, 70 shares.
A. A. DEBLANC, 20 shares.
0. y. REYNOLDS. 2 Shares:
MAURICE BER0ERIE, 70 Shares.
5oas r, ., souNnwrsI' e WT.r. Witnesses.
r. W. BAUAAN, Notary Public
After q careful examination OF the charter of
New Iberia Cotton, OIL b Manufacturing Con.
pany, Ltd" and finding nothing thsrsin contrary
10 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 70
day Of August A. d., 1909
=. y. BkOUBSARD, District Attorney.