New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1905-01-28
OH ARTER
Of
6AY0U BLUE LAND AND RECLAMATION
COMPANY, Ito.
State Of Louisiana, Parish OF Iberia.

commissioned and qualified. In and fo
the Parish OF Iberia, State OF Louisiana
and in the presence of the witnesses here
matter named and undersigned person
ally came and appeared George W
Dallas, Paul LeDanois J C. Akers,. Wal
ter j Burke and Porteus r Burke, al
residents of the Parish Of Iberia. who's
names are hereto subscribed, all Of full
age, who declared that availing them
selves Of the provisions of the laws Of thi
State, relative TO corporations, they hay,
coyenanted and agreed. and by tbes,
presents covenant and agree, and bint
themselves, as well as snch other person
as may hereafter become associated Will
them, to form and constitute a corpora
tion and body polite in law, for the pur
poses and objects, and under the stipnla
tions, articles and conditions following
to.wit.
ARTICLE T.
The name and title of the said corpora
tion shall be "Bnyou Blue Land and Rec
Iamation Company, Limiled and iti
domicilc Is hereby established in the City
of New iberia, State Of Louisiana and
under its said corporate name. said cor.
poration shall have power and authority
to contract, sue and be sued to make
and use corporate seal, and the same to
break and alter 1T pleasure to hold, re.
ceive, have, purchase, improve, ALLEVIATE,
convey, SELL borrow, mortgage and hy-
potheeate, under its said corporate ms mo,
property, real personal and mixed TO
name and appoint such officers, directors,
agents and managers. or employees, as
the interest or convenience of said cor
pcration may require to make and estab-
lish by laws, rules and regulations for the
proper management and regulation of its
affairs, as may be deemed necessary and
proper, and the same TO alter aud change
at pleasure and to do all other acts and
things permitted by law, or az shall be
necessary and proper to carry out the OBJ
jects and purposes of said corporation.
Said corporation, unless sooner dtBsoly-
ed IN accordance with its charter, shall
years from and after the
date hereof
The president, or in his absence or in.
ability TO act, the vice president shall be
the proper person upon whom citation or
other legal process shall be served.
ARTICLE H.
The objects and purposes for which this
corporation Is organized. and the nature
OF the business to be carried ON by it, are
declared to be the following, towit to
drain, reclaim and clear lands and to pre-
pare lands for cultivation to colonize
and work lands In the manner and for the
purposes deemed expedient by the board
Of directors to engage in works of land
reclamation and development generally
and to do oil things german to tho i'm
betterment and development
Of lands In value and resources with the
view of either selling the same for and in
behalf OF the corporation.
ARTICLE Ill
The Capital Stock Of the said corpora
lion shall be Fifty Thousand ($50.000)
Dollars divided into and represented by
Five Hundred (500) Shares of the sum of
One Hundred ($l00.00) Dollars each,
which said stock shall be paid for in cash
at the time Of subscription, Of the same
be issued. at not less than par, in pay
.ent or exchange for property or rights
ally received OF purchased by said
caporation, or tho same may be issued,
fnll paid, for money advanced. and for
snch vsls-siis pnsideration or services
~ the board Of MSectors of said corpora
ion may determinej provided, that no
stock sh all be issued until the considers
lion therefor has been received by the
said corporation.
ANY stockholder may sell, assign or
|ransier his stock in this corporation,
provided Thirty (30)days prior notice of
suoh intention to sell, assign or transfer
he same be given the Company, and the
,ther stockholders thereof shall have the
rst privilege OF purchasing same, after
which 30 days notice the said stock may
be cold In open market. The stock of
said corporation may he transferred nm
Ter the above conditions, provided such
rausfer thereof be made on the books of
said Company. at its Office in New Iberia,
and on the surrender OF the certificate
therefor. No transfer OF any fractional
part OF a share shnll be made.
This corporation shall commence doing
business as soon as Fifteen Thousand
16. .Oc0) Dollars OF the capital stock shall
lave been subscribed for. The Board of
Directors shall have the right to determine
low much stock shall be sold
ARTICLE ~.
The corporate powers Of the Company
hall be vested in and exercised by a
,oard of Five f5) directors. consisting OF
he president, Vice president. the
,eeretary and treasurer and two other
iirectors; three (3) OF said Board shall
constitute Quorum for the transaction OF
BUSINESS, and their decisions shall be
'alid corporate acts.
The following persons shall constitute
he Grst board of directors George W.
DALLAS, president; J. G. Akeis, vice pre-.
'i,sent: Pc,teus X. Burke, Secretary mud
svhsurer; Paul isclpannis and WalterJ
Durke.
No person shall be eligible rs
lIrector or nm officer who is not a
i Of this company. nnrlns the |
absence Of the president the vice pre-
i,lent shall act and preside. Said Board |
hall continue In oilice until the first |
Monday In January A. y. 1906. on which /
late and thereafter annually hoard OF |
directors shnl. be elected on the first I
Wednesday IN January of each year, IN
rss the same shalt be q holiday. when
ia election shall he held on the next /
egal tiay thereafter. Notice Of such elc. |
tion be given hy NJ least len ll0l days |
,nblication Immediately preceding each |
lection in ono Of the newspapers cI this /
Yty; and the board Of directors shall APP |
loint one or more stockholders to preside
{ such election as commissioners In
vent of the failure oi any commissioner
i commissioners to attend, the president
hall, By appointment. Gil the vacancy
inv failure from any cause whatsoever TO
lect directors the day named foi that
suppose shall not dissolve this corpora
lon, but the directors then In efflee. as
vpll "A the officers Of said company, shall.
old over unsiltheir Successors are chosenl
In snch event tho president shall cause
mother election to be held within thirty
ays. aud shall give notice thereof as
ersin before provided.
At everv election and meeting saeh
lockholder shall be entitled to vote for
ach share 81 stock registered in his name,
nd may vote hy proxy. The election Of
lrectors ohnl] be by ballot. and the
,aicrify Is x3nount OF votes east. each
hare 81 Geek voted upon being counted
) ous vote, shall elect the person OF
ersons for whom they have been east
Ilfor eaeh election the board shall I'M.
lo6lnfely elect from their own number
q o(leers of raid Company.
ARTICLE Y.