New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1907-08-24
ACT OF INCORPORATION.
United States of America, State of Lou.
isiana, Parish of Iberia

| Be il known that On this tenth day o
| the month of Auguft, A. d. 1907, before
me, Fred. w. Bauman, Notary Publ,
| in and for the Parish Of Iberia, State o
| Louisiana, duly commissioned and quail
| fed, and in the presence Of the witnesses
| hereinafter named and Undersigned, per
sonally came and appeared the severa
| persons whose names are hereunto sub
| scribed. who declared that, awaiting
| themselves of the provisions of the law,
of this State relative to the organization
| OF corporations, they have agreed and dc
hereby agree and bind themselves ~ wei
as such other persons rs may become as
sociated with them and their SUCCESSORS
to form aud constitute corporation anj
body polite in law, for the objects and
purposes and under the conditions and
stipulations as contained in and set forth
in the following articles, to-wit
ARTICLE |.
The name and title Of said corporation
shall be "Suberbelle Company, Limited"
and it shall exist for the full term and
period of twenty years from the date OF
this charter.
ARTICLE II.
The domicie Of this corporation shall
be in the City of New iberia, Parish of
Iberia, State of Louisiana, and all eta
ton or other legal process shall be served
upon the President of said corporation,
or, in case of his absence or inability to
act, upon the Vioe-President.
ARTICLE Ill.
The objects and purposes for which this
corporation is formed are declared to be;
the buying selling of property, real per
soDal and mixed, corporal or incorporeal;
the lending of money on mortgage and
other securities; to invest in bonds, stocks
other securities; to conduct the business
Of acting as agent and broker in purchases
and sales Of property of all kinds; effect
ing loans; Ere, Life and other kinds of
Insurance Tor any person, firm or eorpo-
ration and to do n general agency and
mandate as well as real estate business;
also to deal in merchandise of any and all
kinds; buy and sell cotton, rice, sugar,
cane and other agricultural products;
lease, own and operate public warehouses,
cotton gins, mills and factories and do a
general manufacturing business.
ARTICLE ".
This corporation may sue and be sued
In its corporate name; hold, have, receive,
purchase, convey, sell, mortgage, hypo-
thecate, pledge, lease and suitcase, and
enjoy real and personal property; also
borrow money and make contracts, receive
grants OF land and personal property and
make and use corporate seal the same
to break and alter at pleasure; name or
appoint such managers, directors, officers;
clerks and agents as the interests or CON
venience of said corporation may require
make and establish such bylaws, rules
and regulations for the proper manage
ment of the affairs of the said corporation
rs may be necessary and the same to
change and alter at pleasure, and shall
possess all rights, powers and privileges
TO which corporations are or may be by
any general law or laws of this State au-
thorized to possess.
ARTICLE V.
The capital stock of this corporation is
hereby fixed at the sum of Twenty Five
Thousand dollars 1925, 000,) represented
by Two Hundred and Fifty (250) shares
If $4,000 One Hundred dollars each. All
stock subscribed for shall be payable in
cash, or property, real and personal on
directors may at any time determine All
Of stock shall be made on the
books of the Company and shall be signed
Dy the stakeholder or his attorney. The
corporation shall commence business as
loon as One Hundred and Fifty shares of
he capital stock shall have been subscrib
ID for.
ARTICLE vi.
The business and affairs and corporate
powers of this corporation shall be trans
,cted by board OF three directors, who
ire stockholders, to be elected at meet.
ng to be held for that purpose on the
ourth Monday of May of each year. The
directors thus elected shall serve for one
'ear, or until their successors shall have
,een elected and qualified. Said board |
4 directors shall elect from their own
lumber President, Vice President and |
Treasurer, who shall serve until |
heir successors are elected and qualified; |
hey shall have power to fll vacancies oc-
urring in the board and make such by |
avs, rules and regulations as they deem
roper for the transaction OF the business |
nd affairs Of said corporation, and change, |
liter and amend the same at pleasure, APP
,oint and FIX the salaries OF all officers,
Jerks and employees. and the same to
hange and dismiss at pleasure. The
aid board OF directors shall have power
o sell, convey, mortgage, pledge, lease
nd purchase property, movable movable
nd personal; borrow and lend money;
ssue notes and bonds, make contracts
nd sign or caused to be signed all neces-
airy acts, deeds, etc. anG do all neces-
airy things in the management Of said
usiness and In carrying out the objects
nd purposes for which this corporation 10
established. Two members of said Board
including the president shall constitute !
uorum for the transaction and manage
,ent of the business and affairs Of the
aid corporation.
ARTICLE VII.
This act of incorporation may he chang
d, modified or altered, or said corpo-
alton may be dissolved at a special meet
~ Of the stockholders convened for that
urpose after fifteen days prior notice by
ublication in a newspaper published in
ne City Of Nav Iberia, with the consent
three fourths Of the capital stock of
I'D corporation. /