New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1905-02-25
CHARTER
-QF--
BROUSSARD LIVERY COMPANY,
LIMITED
United States of Americn-Statc of Louisiana
Parish of Ibaria


BE lT KNOWN That on the Thirty first da,
~ January, A. d. 1905. before me. Fred W
Bauman, Notary Public duly commissioned and
qualified in and for the Pnrish of IBERIA Stntt
of Louisiana. and in the presence OF the wit
nesses hereinafter named and undersigned per
sonally came and Appeared John Bronssard
dents of the Parish Of IBERIA whose names ARE
hereunto subscribed, all If full age, who declared
that, svalsne themselves OF the provisions Of the
laws of this State relative 10 corporations, they
have eovenante ed and agreed, and By these pres
ents covenant and agree, and bind themselves, as
well as sueh other persons as may hereafter be
eCme associated with them, to form and constl'
tute q corporation and body polite in law, under
Act 70 OF 1901. for the purposes aud objects,
and under the stipulations, articles and condf
lions following to'wit
ARTICLE !
The name and title OF the said corporation shall
be - BRoUssARD LIVERY COMPANY, i1Ml-
TED, and its domicile IS hereby established In
the city of New IBERIA Parish of lberia, state of
Louisiana and under lis said corporate name,
said corporation shall have power and authority
TO contract. sue and be sued; to make and use u
corporate seal, and the IA break and alter
At pleasure to hold, receive. have, purchase, i'm.
provo. ALLEVIATE convey. sell, borrow, mortgage
and hypoihecate under It's said corporate name,
property real personal and mixed To name and
ppolnt such officers. directors, agents aud mann
gers. or employees. as the Interest or convenience
OF said corporation mny require. 10 make and es
tablish by laws rules and regulations Of its
affairs, as may be deemed necessary and proper
and the same te alter and change at pleasure;
and 10 do all other acts and things permitted by
law. or ss shall be proper md necessary and
to carry out the objects and purposes of
said corporation. Said corporation, unless sooner
dissolved In accordance with It's charter, shall
exist and eontinue for the period of twenty Eve
t25) years from and after the date hereof.
The President, or In his absence or inability to
act the Weep, esidept shall be the proper person
npon whom citations or legal process shall be
served
The object aud purposes of this corporation
are declared to bo, 90 buy and sell live stnrk,
nagglss and vehicles in general. to deal generally
In live stock and cles, and hire ont horses and
vehicles aud to general livery ani sales
stable business
ARTICLE Ill
rEte cxpital stock OF the said corporation shall
-Ire' Fonr Thousand Eight Hundred (yi 900. OO)
Dollars divided into ana represented by forty
eight t4sD Shares Of the sum Of One Hundred
($iOO00) Dollars each, which snid stock shall be
paid for In eRsh ut the time of subscription,
or the same be issued, at not less than par in
payment or exchange for property or rights nc.
iualy received or purchased by said corporation,
the same may be issued, fu paid, for money
advanced, and for such other valuable considera
ton or services as the Board of Directors OF said
corporation may determine; provided, that no
atock shall be Issued until the consideration there
for has been received by the said corporation
Any stockholder may sell, assign or transfer BIZ
days prior notice of such intention to sell assign
or transfer the same be given the Company, and
the other stockholders therof shall have the first
privilege OF purchasing same, after which thirty
days notice the said stock may be sold In the open
market. Tho stock of said corporation may be
transferred under the allowed conditions, pro.
vided such transfer thereof be made on the books
Of said Company, at Its Office in New iberia. and
on the surrender of the cert fcntes therefor. No
transfer Of any fractional part OF share shall be
nade.
The corporation shall commence doing business
a. soon as Four Thousand Eight Hundred (s4,
200 OO) Dollars of The Capital Stock shall have
been subscribed for. The Board Of Directors
shall have the right TO determine how much stock
shall be sold
ARTICLE "
The corporate powers Of The Company shall be |
vested in and exercised BY Board Of Three 80 |
Directors, consisting of the President Vice Presl
dent, the Secretary and Treasurer. John Brous
saTd, President Albert j. Bronssard, Vice Presi |
dent and Alfred gates Secretary aud Treasurer.
The following persons shall constitute the first |
Board Of Directors John Broussard Albert |
Br?ussard and Alfred Gates
No person shall be eligible az director OF Of |
nrer who Is not o gtookholder OF this Company /
During the absence Of the President, the. Vice |
President shall act and preside Said board shall
saasy 1905 on whsn 1ns s. date snd tSsrs
after annually, Board of Directors shall be
elected the arst Wednesday IN January Of
election shall be held on the next legal day there
after. Notice OF such election shall be given
BY 1t least Ten t10) days publication Immediately
preceding each electon in one of the newspapers
Of tbs city, and the Board Of Directors shall ap-
point one or more stockholders TO preside at such |
election as commissioners. In the event OF the
fnilure OF any commissioner or commissioners to
attend the President shall, hy appointment. I'll |
the vacancy. Any failure, from any cause what
soeyer, TO elect directors the day named for that
purpose, shall not dissolve this Corporation, but
the directors then In office, rs well as the officers
Of said Company shall hold over until their sue.
eessors are chosen.
In such event, the President shah cause an.
Other election to be held within thirty days and
shall give notice thereof hereinafter provided.
Al every election meeting each stockholder
shall be entitled 10 vote for each share Of stock
registered In his name and iaay vote by proxy. |
The election OF dIrertors shall be by ballot, and
the majority IN amnnnt of votes east. After each
election the Board shalt Immediately elect from
their own number the officers of said Company
ARTICLE Y
The Board of Directors shall have full power |
to OIL vacancies IN their number caused by death.
resignation or otherwise from among the stock
holders Of the Corporation.
property OF this company, and ahall conduct,
inanage and uSt the same In their discretion
sfhey dsem ft and that u consistent with the cb.
43estsof this Company. OF the welfare Of the
Tho said Board u further authorized TO frame
ard adopt such by laws rules and regulations as
The aErfrs and business OF lhc corporation may
daetins md management thereof. provided the
safns ehel net conflict with his charter, or with
ihe laws N the State, or of the United States
The saidtBoard shall elect .. sprSint such on
GERS. agafts employees servants and clerks as IL
o., may deem ne..sssry ,as the sosapetins q ,he
sisn ss Service wls sIs 70 GS ss@ss RsaS
fhspfR.s said Boards pleasure; and ss.f Bosrd
have the right to fix and determine tho
sstatlob VI tue scStfbt oih'tfH htfesh
for. L,
This Charter may hs changed, modified or
amended. the capital stock increased or de-
creased or this Corporation may be dis.
solved, At q general meeting 81 the stock. |
holdsr convened for the purpose With
stock, whether present or represented at such !
meeting. Thirty days prior notice Of such /
n,tsting shall hs given IN any newspaper pub
IL case of dissolution or termination Of this
Corporation. either BY limitation OF It's Charter,
(. sss 'hs shsss sa IL
selected from the stockholders, with liko assent
and At meeting called for that purpose, as above
said Commissioners shall remain In Office until
the affairs of said Corporation shall have been ,
fully liquidated. In case of the death OF one or
more u said Commissioners, the survivors or
snyviver shalt continue 10 act.
ARTICLE VII.
No stoekhalass of this Corporation shall ever
~ held liable or responsible for contracts or
faults thereof. In any further than tho un. |
PATE Az the oanpsrs y On the shsss
any ineosmAlity In organization have the effect |
~ reede.lns this chsrter null. Or Of exposing q
sssass .s II. sosf beyond 'a'
Thus dons and passed al my NotArial aifee. In .
The city Of New iberia. Parish OF IBERIA state ~
written, !. the presence Of Messrs. Edgar n .
Dslhommsr asd Jno E.Schwine competent wit {
sessss Of lawful age, residing In this Parish; :
Sh1 hereunto sign their names together with said /
isrties and me, Notary, after das reading of the
N!tpas.s .sss /,
~ +. DiaFuaNKe
vi Ssbwtss II
JNo. HRouSsARp. Is
10 Shares | h
A. . BR0uSsARp
Shares
ALFhKD OATES, a
"a Shares 4
z. " BAuMAS. Notary Public IN
/
Aftr = careful examination AZ the foregoing
Chart.r. nndne nothing therein contrary 10 the 8