New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1906-07-14


Measure: to make general ana sPeci"i
provisions for the filling OF any o''i'es
during temporary or permanent III
ability to net. The Board of Direc-
tors shall have full powers to oorro"
monpv. to issue notes, bonds or other
evidences of debts and to secure the
same by mortgage or pledge or botn
upon the property of this corporation
and in exercising such powers the
Board of Directors may set either al
rectlv or through such officers or
agents rs it may appoint with general
or special authority. Any member OF
the Roard of Directors may appoint
and constitute in writing any other
diroctor his proxy to vote in his name
aud behalf on matter coming before
the Board of Directors. And the
proxy SO appointed shall be counted to
form n uurom and director shall cast
the vote of his principal rs we'll ms
his own All salaries shall be fixed
hy the Board of Directors and 1t shall
he 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 mpmINSs present Each member
having n vote in his capacity as
member of said Board. -Four direo-
tors shall constitute n quorum for the
transaction of business.
ARTICLE VII.
The officers of this corporation
shall consist of president. vice
president. secretary and treasurer
elected from the Board of Directors
ut the first meeting after their election.
The duties of the president, vice pres
idcut and the secretary and treasurer
shall be the regular duty usually per
formed hy such officers and such spe-
cial duties Ms the board of directors
may designate.
ARTICLE VIII.
No stakeholder shall ever be held
liable or responsible for contracts or
fault of said corporation in any fnrth-
or sum than the unpaid balance due
by him OF subscription to the capital
STOCK, nor shall mere iuformality in
organization have the effect of render
ing this charter null or of exposing
stookholder to any further Liability
than the unpaid balance due on his
stock. The subscription and stock
books shall he held ut the domicile
aud in the office of the corporation
where certificate of stock shall be is
sued to the subscribers. Any rule of
by law is subject to repeal modif2as-w
ton or change 10y the holders of the
majority of the stock at any meeting
of the corporation.
ARTICLE WV.
This incorporation may be changed
modi fed or altered or the said corpur-
alton may be dissolved with the as
sent of three fourth of the stockhold-
hrs owning three fourth of the stock,
Mt a special meeting of the stockhold-
ers convened for that purpose and of
such meeting notice shall be given az
provided in article Ave Such meet
ing to be convened by the secretary
upon order of the mai"o"ii.n,- ~ 70
Board or upon writtsenty e.
holding not less th feet ,i~eat pnEh
capital stock. .,ssvrs aplolu'A
ARTl2pfs<sx seeaf9As
This eornoratiop saif eotn,uls q
at the end of its term or Mt it's earlier
provided that three fourth
of the capital shall have agreed there.
to at n meeting called for that purpose
by three commissioners appointed
by the Board of Directors ut a regular
meeting of said Board; said commits
sioners shall be stock holders of said
and their compensation
rs liquidators shall be fixed by the
board on the day of their appoint
ment. Said commissioners shall give
such security as may be required by
The board of directors. Said commits.
'ioners shall continue to act until the
business of the corporation ahall be
entirely closed or liquidated and IN
jhe event of the death or resig na.ienssas
If any commissioners the board of di.
'ectors shall elect his successor from
smong the board of directors.
The subscribers hereunto have set
opposite their respective names the
lumber of shares of stock subscribed
~ them respectively and this act
hall serve as the original subscrip-
ion list of said corporation.
Thus done and passed in my office
It New Iberia, IBERIA Parish, Louisi-
ma, on the day and date first above
written, in the presence of Messrs. ]
g Garrett, NJ D., and Henry Boutte
witnesses who hereunto
ign their names with the said APP
'earers and me Notary after due read
ny and approving of the whole
Witnesses:
J. +. GARRET, NJ. D.,
HENRY BOUTTE.
RhmhND V. BoUIE,
100 Shares.
VALMIERE OLIVIER,
80 Shares.
EMILE J. LABRANCHE,
80 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.
Notary Public