New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1907-05-04

Be IL known, That on this I'd day of thu
mouth of April A ID. 1907 before me
Fired w. Bauman, y Notary Public duly
commissioned and qualified in and foi
the Parish of Iberia State of Louisiana
and in the presence Of the wtnt sses here
inafter named and undersigned.
Personally came and appeared the sew
eral persons whose names are hereuHfo
subscribed aud declared that, availing
themselves Of the benefits of the lays oI
the State Of Louisiana relative to the or
gauization of corporations, they have
formed and organized, and by those pres
ents do form and organize themselves, as
well ms such other persons as may hero.
after Join with them or their successors,
into corporation for the objects and
purposes, aud under the covenants, stip.
uIations and agreements following, to-wit;
ARTICLE l.
The name, style and title of this cor
poration shall be the NEW IBERIA.
st. MARTIN & NORTHERN RAILROAD
| COMPANY" and under said name it
shall enjoy n corporate existence and sue
ces- on for the full term and period of
| NINETY NINE (9a) years from and after
the day and date of this act 1t shall
have power to contract, sue and~be sued.
and to make and use corporate seal and
! the same to brt ak aud alter at .pleasure,
to have, hold and receive, purchase, sell,
convey, lease, pledge, bond, hypothecate
aud mortgage property Of any kind,
whether roal. personal or mixed eofpo-
real or incorporea, to have and appoint
such managers. directors, officers and
agents ~ its business may require, and
| to make and establish, as well as to alter
and amend from time to time such by
laws, rules and regulations for the proper
management and government of the af-
fairs OF said corporation as may be neces-
sary and proper, and generally, TO pos.
| sess all the powers hereinafter mentioned
and that now are or may hereafter be
conferred by law or necessary to pro.
mote its objects and interests.
ARTICLE II.
The domicile of this corporation shall
be nj New iberia, La, where service of
citation or other legal process shall be
made upon the president OF said corpora
ton, or, il his absence, upon one of the
vice presidents, or, in the absence of said
officers, upon the Secretary of said Com
pany.
ARTICLE III
The objects and purposes for which
this corporation is organized and founded
and the nature of the business to be car
ried on by it are hereby declared to be:
To construct or otherwise acquire, main
tain and operate for the carriage of pas
seugers, freight, mail and express matter,
line of railroad with one or more tracks
from point at or near the City of New
\ a. .i,.,,.
direction to Port Barre in the Parish OF
st, Landry, Louisiana, and beyond to
such point or points as may hereafter be
determined; aud also from the City of
New Iberia in Southerly direction to a
point at or near Berwick on Berwick |
Bay, in the Parish of st. Mary, Louisi- |
ana, and beyond to such other point o,
points as may hereafter be determined |
upon; with all necessary spurs, side
tracks, switches, turuouts, water tanks. |
sand aud gravel pits, stations, station |
houses, yards. depots, warehouses, grain
elevators. cotton compresses, round
houses, sheds, coal chutes. warehouses,
platforms, ferries, bridges and all other
accessories, adjuncts and appurtenances
necessary, proper and convenient for the
operation of said line OF railways; to To-
cate, construct or otherwise acquire and
operate with all necessary accessories.
adjuncts and appurtenances connecting
lines OF railway. branch lines and exten-
sions from such other points Oh said main
line as said corporation may select to
other points in the State Of Louisiana or
in other States; to obtain and receive by
grant, purchase, gift or bequest both real
and personal property; and for the pur-
chase OF land, supplies, material, rolling
stock or The payment Of labor, contracts
and works, to issue stock certificates or
bonds in payment thereof, and at such
valuations Rs may be agreed upon by and
between the directors of this corporation
and the owners of land, material, supplies
rolling stock and the laborers or eontrac-
tors of work; to obtain, accept or receive
from any State, county, parish, dist, ward
Town, village or person any rights, privi
leges or franchises which the same may
offer for the construction, maintenance,
or use of its transportation
lines, their depots, wbarves, SHOPS, cars,
locomotives and general business which
he same may choose 10 grant, release to
Or otherwise confer or give; to borrow
money or to purchase and lease property
Dn its own credit for the purpose of con
structing, maintaining aud operating the
lines Of transportation and telegraph; and,
as evidence OF Indebtedness of this Cor.
poration for such loans or the purchase or
ease OF said property, to issue its corpor-
ate bonds, or pronissory note, bearing in
crest and made payable either Ia United
States currency or gold coin and ut such
lime and place as may be approved by
he directors and for securing the payment
)f said bonds or notes TO mortgage and
pledge its railroad capital stock. company
buildings, corporate franchises and i'm
nnpities. real or personal property or anv
portion OF the same; to lease or sell it's
ines OF railway In whole or Ia part to ,
,ther companies; to lease other railways
either within or without The State Of Lou
stgna; to purchase or consolidate with ,
,ther railway companies organized under
he laws of bouisilna or OF aay other :
'tate OF the Union, and to acquire and
hold the stocks, bones and secureties o;
'nch other railway corporations; to guar I
sntee the stocks, bonds aud sceureties of | I
'uch other railway corporation rs this /
corporation may be interested In; to con. ,
'truet and maintain passenger depots, | 4
reight yards and warehouses and TO per- /
nit the use OF such depots as union de. :
,ots; TO construct or oil iherwise acquire !
.nd operate steamships and other vessels /
or the carriage OF freight and passengers I
or hire; to construct, own and operate |
locks ard wbarves for the landing of YES. 1 /
eis ana for the securing, storing and !
orwardipg OF freight and accommodation | +
u passengers; to establish aud operate /
elegraph and telephone lines, to con. i
trnct or otherwise acquire, maintain and Q
operate canals for navigation and 10 ae- /
Iuire and hold stocks, bonds or Other &C. Z
,ureties OF other corporations owning and
perating sneh canals, and generally 10
'old and exercise all such incidental pow
RS and privileges as relate to the objects s
erein setforth.
ARTICLE ". II
The capital stock OF this corporation is /
ereby declared to be the sum of Five q
Thousand (s50o. .000) divided !
nfp and reprcspnfad hv fsva yhor.arA | I.