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

State of Louisiana, Parish of Iberia
| Be it known that on this 18th day of the month
of August a. ID. 1905, before me-. Fred w. Bau
man, Notary Public in and for the Parish al
| iberia, State of Louisiana duly commissioned
and qualified, and in the presence of the witness
| es hereinafter named and undersigned, peronaly
| came and appeared the several persons whose
names are hereunto subscribed who declared
that, avaiing themselves of the provisions of the
| laws of this State relative to the organization
of corporations, they have agreed, aud bind and
obligate themselves, as well as such persons as
may hereafter become associated with them and
their successors, do form and constitute "A corpor.
| alton and body polite in law for the objects and
purposes and under the conditions and Stipula-
tions as contained and set forth in the following
articles, to wit:
ARTICLE l.
The name and title of said corporation shan
be NEW IBERIA COTTON OH. AND MANU-
FEATURING COMPANY, Limited. 1t shall
exist for the full term and period of twenty (20}
years from the date hereof.
ARTICLE III.
The domcile of this Company shall be in the
City of New Iberia, Parish of Iberia, Louisiana,
and all citations and other legal process shall be
served upon the president of said association,
or, in or his absence inability to act upon
the vice president.
ARTICLE III.
The objects and purposes for which this cor.
poration is established, and the nature of the
business to be carried by it, are hereby de-
clared as 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
refners, mills, cotton ginueries and com
presses cotton oil mill and cotton mills; also to
mill and manufacture agricultural products as
well rs 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 far as these are
necessary to the operation of the foregoing pur-
fhp fapdino nd of naftI md
pare the same, its products and by products into
marketable produce; enter into any contracts
with farmers or other persons for the purpose of
cutivating crops of all kinds and for securing
the same for the mills and factories which said
company may operate; subscribe to and hold
stock in other corporations of a kindred nature.
and to do any and all things that may be neees-
sary to carry out any all objects named, and
Shall for such purpose have full power to pur-
chase and own or lease real estate, machiner~
etc. necessary convenient to carry on said bus
mess, to pledge or mortgage, sell exchange
same to fix tariff rate of charges for receiving
storing and forwarding rice and for milling same
and generally to make and enter into any and all
contracts in relation to said business that may
ARTICLE Nv.
This corporation may sue and be sued in its
corporate name, hold, have, receive, purchase
convey, SELL mortgage and hypothecate, pledge
lease and suitcase and enjoy real and personal
also borrow money. make contracts
receive grants of land and personal property and
and break at pleasure; na.e and appoint mana
gers directors, officers, clerks and agents AS ths
interest or convenience of said corporation may
make and establish such bylaws, rules
and regulations for the proper management and
of the affairs of said corporation as
may be necessary and the same to alter and
change at pleasure and shall possess all the
rights, powers and privileges to which corpora
tions are or may be by any general law or laws of
this State authorized and entitled to possess.
ARTICLE V.
fhe capital stock cf this corporation is hereby
fl: ed at Fifty Thousand ($5OOOO.OO Dollars,
RI presented by 1000 shares Of $50 90 each. All
s ock subscribed for shall be payable in cash. or
property, real and personal, for services actu
ally rendered to the Company such terms and
conditions as the Board of Directors may at any
time determine.
All transfers of stock shall be made on the books
of the Company and shall be signed by the stock
holder or his attorney.
The corporation shall commence business as
soon as 100 shares of the stock shall have been
subscribed for