New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1905-08-26
ARTICLE III.

AhIlCLE IL.
The domicile of the said corporation
shall be in the Parish of Iberia, State OF
Louisiana, and all citations or other legal
process shall be served upon the Presi-
dent of the said corporation, or IN the
event of his absence, upon the Vice-Pres-
ident thereof
ARTICLE Ill.
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 all 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 develop
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
| is hereby fixed at the sum of Six Hun lred
| and Ninety Thousand Dollars, to be divl-
| ded into and represented by Sixty-Nine
dunufeu SHARES vi StOCh VI INC pdl Ndiuo
| of One Hundred Dollars each. Said stock
| shall be paid for in cash at such time, in
such amounts, and after such notices to
| the subscribers as may be fixed by the
| Board of Directors, or the same may be
issued for labor done, services rendered or
money or property actually received or
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 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
| poration shall be vested in and exercised
| Dy Board of Directors to be composed OF
Three stockholders, to be elected annually
on the first day of August of each year,
after ten days notice in writing to each
stakeholder by mailing same to his place
of business or residence, except the first
Board of Directors appointed in this char
ter, who shall hold their Offices until the
| first day of August, 1907, or until their
successors are elected and qualified; pro-
vided that the number of members OF said
Board may be increased at any time by
unanimous vote of said Board to any num-
Der not to exceed five.
All such elections for directors shall be
by ballot, and conducted at the office OF
the said corporation under the supervision
of two commissioners to be appointed oy
the Board of Directors.
Every stockhclder shall be entitled to
one vote for each share of stock standing
in his name on the books of the Company,
to be cast either in person or by proxy,
and a majority Of the votes cast shall elect.
Any vacancy occurring among the d.
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 ONCE 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 majority of Directors
present, either in person or by proxy, shall
. constitute quorum for the transaction OF
business.
The first Board of Directors of this cor
poration shall be composed of E. A. Nc
ilhenny, John A. Mcllhenny, r. A. Nell
benny and Paul A. McIlhenny, with Ed
ward A. McIlhenny as President and Gen
eral Manager John A. McIlhenny as
J Vice President, and r. A. McIlhenny as
Secretary. Each Board of Directors there
after elected in accordance herewith shall
elect from their own number President
Vice President and a General Manager
They shall have the power to elect the
same person to fill the Offices OF President
and General Manager. They shall alst
elect secretary, who may or may not bt
a member of the Board of Directors or {
stakeholder.
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 thu
! manner and form provided by law or tn,
said corporation may be dissolved will
the assent of three fourths of the capita
stock represented at a general meeting o
{ the stockholders convened for such pur
+. pose. after q written notice to each stock
! holder mailed to him at his usual place o
residence at least thirty days prior to tn
T. date of meeting.
ARTICLE VII.
No stakeholder shall ever be held liabl
for the contracts or faults of the said cor
poration in any further sum than the un
paid balance due the corporation on tn
= shares of stock owned by him !; nor shall
! any mere informality in organization hav
the effect in rendering this charter null, o
of exposing any stakeholder to any liabil
i. ity beyond the unpaid amount remaining
. due on his stock.
The subscribers hereto have respective
ly written opposite their names the amour
' of stock in this corporation subscribed TO
by each of them, SO that this act OF incor
!. poration may also serve as the origina
subscription list of the corporation.
Thus done and passed in my Office il
the Parish of Iberia, in the presence
Erasmus T. Beall and Walter j. Burke
competent witnesses of lawful age, bot
residents of this Parish, who hereunt
! sign their names with me, Notary, on tn
day and date aforesaid.
r MARY E. MCILHENNY,
n Per E. A. McIlhenny, Agt
! SARAH A. MoILHENNY,
q Per E. A. McIlhenny, Agt
JOHN A. Mc1LHENNY,
' Per E. A McIlhenny, Agi
MARY M. BRADFORD,
i To aid and authorize my wife.
. Sidney Bradford
| nE~TT