New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1906-06-30

l.. officers, clerks, agents and other en-
f ployees as they may deem proper and
a convenient and the same to dismiss az
! Measure; to make general and special
4 provisions for the filling of any offices
q dnring temporary or permanent IN
r ability to act. The Board OF 9'rec-
tors shall have full powers to borrow
money, to issue notes, bonds or other
evidences of debts and to secure the
r same by mortgage or pledge or both
r upon the property of this corporation
f and in exercising such powers the
, Board of Directors may set either d.
| rectly or through such officers or
agents as it may appoint with general
or special authority. Any member OF
the Board of Directors may appoint
and constitute in writing any other
director his proxy to vote in his name
and behalf on matter coming before
the Board of Directors. And the
proxy so appointed shall be counted to i
form a qurom and director shall cast
the vote Of his principal as well as
his own. All salaries shall be fixed
by the Board of Directors and it shall
be vested with authority to employ
and discharge employees as it sees fit.
All questions arising before said Board
shall be decided by majority vote of
the members present. Each member
having a vote in his capacity as
member of said Board. Four direc-
tors shall constitute quorum for the
transaction of business.
ARTICLE VII.
The officers of this corporation
shall consist of president, a vice
president, a secretary and treasurer
elected from the Board of Directors
at the first meeting after their election.
The duties of the president, vice-p pres
ident aud the secretary and treasurer
shall be the regular duty usually per-
formed by such officers and such spe-
cial duties as the board of directors
may designate.
A2TICLE VIII
No stakeholder sha ever be held
liable or responsible for contracts or
fault of said corporation in any furth-
er sum than the unpaid balance due
by him on subscription to the capital
stock, nor shall mere informality in
organization have the effect of render
ing this charter nulb of exposing
stakeholder to any further liability
than the unpaid balance due on his
stock. The subscription and stock
books shall be held at the domicile
and in the office of the corporation
where certificate of stock shall be is
sued to the subscribers. Any rule Of
law is subject to repeal modifica-
tion or change by the holders of the
of the stock at any meeting
of the corporation.
This Incorporation may be changed.
modified or altered or the said corpor- 4
alton may be dissolved with the as
ers owning three fourth of the stock,
at special meeting of the stockhold-
ers convened for that purpose and of
such meeting notice shall be given as
provided in article five Such meet
ing to be convened by the secretary
upon order of the majority of the
Board or upon written request of those
n. nol nt.1 NOTE. no. lsSse end offhes 8 Of the
ARTICLE I'd entries
This corporation shall be liqutdated
1t the end of its term or at its earlier
dissolution provided that three fourth
If the capital shall have agreed there
o at meeting called for that purpose
~ three commissioners appointed
~ the Board of Directors at a regular
Meeting of said Board; said commits.
toner's shall be ockholders of said
orporation and their compensation
IS liquidators shall be fixed by the
oard on the day Of their appoint
nent. Said commissioner shall give
UGH security as may be required by
he board of directors. Said commits
toner's shall continue to act until the
usiness of the corporation shall be
ntirely closed or liquidated and in
ne event of the death or resignation
any commissioner the board of d.
ectors shall elect his successor from
mong the board of directors.
The subscribers hereunto have Get
pposite their respective names the
lumber of shares of stock subscribed
y them respectively and this act
lall serve as the original subscrip-
on list of said corporation.
Thus done and passed in my office
New Iberia, Iberia Parish, Louisi-
Ia, on the day and date first above
ritten, in the presence of Messrs. j. :
Garrett, M. D., and Henry Boutte
witnesses who hereunto
On their names with the said ap.
arers and me Notary after due read
g and approving of the whole
illnesses:
j. F. GARRET, M. D.,
HENRY BOUTTE.
ARMAND V. BOUTE.
100 Shares.
VALMIERE OLIVIER,
30 Shares
EMILE j. LABRANCHE,
30 Shares.
REV. JAMES A. HAROD.
Per A. V. Boutte,
4 Shares.
VILLIERE DUPRE,
30 Shares
VIRGILE BOUTTE,
Per A. V. Boutte.
30 Shares.
EDWIN HEBERT,
4 Shares.
ANTHONY N. MULLER,