New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1910-03-26

! Vice President, d Secretary and a Treas
urcr, who shaA serve until their successor,
are elected at@ qualified; and they shal
have power to fill vacancies occurring il
the Board, and make such bylaws. rules
and regulations AS they deem proper FOL
| the transaction of the business and affair
of said Corporation, and change, alter and
amend same at pleasure, appoint and fix
the salary of all officers, clerks and EN-
lsSyecs, and the same to ensnge and dis
tssss at pleasure by the sasS Board of Di.
! rectors.
The Board of Directors shall have power
/ to sell, convey, mortgage, pledge, lease,
| purchase property, borrow and lend mon
ey, issue notes and bonds. make contracts,
aud sign or cause to be signed all neces-
| sary acts. deeds. etc aud do all things
necessary and neeItul in the management
! OF said Corporation and in carving out
the objects aud purposes for which this
| Corporation is established.
| -Four members of said Board of Directors
| shuil constitute a quorum for the transac-
| ton and management of the business and
affairs OF this Corporation.
/ The sasI Board OF DOG ctors shall have
The powt9 to appoint from their number
ah executive Board and to vest the said executive
B0Hrd fully and completely with All povcre a,tI
orly and functions which by the terms of this
| Article vested IN the Board Of Directors herein
above provided for aud the nets OF said executive
''"'f" within the authority delegated to it shall
H'"oHSldercd as the acts Of tho Bonrd Of pirer.
tors; and the said Board Of Directors shall have
me flsht to amend, abridge, ertenfSGr recall the
""' Notify vested IN the said exctuffve Board rs
It's discretion may dictate
All meetings of the Board of Dircctor< shall ha
heId after notice givap to each Dirocto,st least
ten days prior to the 0hte fixed !4rsaid meeting
ny mailing him H1cAre giving iOg purpnsa< ~
Sald meeting, the ho1T aud place thereof, and tbs
purposes Tor which .uuv"ked, aud by addre~s ing
hun at his u-usl PuO Office address
Each Director shall have the right to- apnnint
any mr'"her of the BOARD Of Directors OF any
other stakeholder to :. pr sent him ut said meet
NJ an" Stid appoin tmrut shall Invest tn person
H'tlli9 said proxy with all Of the rights powers
ara "Ht "iity VISITED ia the Director SO making
the appointments
ARTICLE VII.
lhlSNrt of tnnor pntaripu nay be changed mod
'Fl'h or altered. or sail corporation may hr dis
-7IVod at special meeting of the stockh ,ldrrs
convened for that purpose after ten DAYS prior
u'',' %! pohhcati"h IN y newspaper Published in
IN 'i.l of New Iberia OF by sending such notice
'P'"n ne matt, with the consent N three.
'"utthS of the capital stock or said corpSration
ARTICLE VII
No stakeholder shall vei be held Liable .r ,2s-
f'h"la' TOR the contracts "r fnnlt of said C,rnr.
Hli"h ~ any Further .m thau the unpaid ba fauc,
u any due by hm on subscription t. the c.pitrI
"t'' H. hoE Sh'II any more iuformrli'y in orguutz-
II II tHN'Chr effect rf rendering this charf,r null
uF 81 "N'TSing any sturEhnilor to any fprtE,r ii
hiliN than the unpaid ralan"a due on his said
stock. ARTICLE TX
1hr following persons shall cons 'itute tho first
H"Hrd Of Nlrc. irrs Ia srrsc until The g. rnud Mon
day of Janugyy, 1911. tu.wit Dr. J. W,f,rd
Nndr's. 'jo u Vt Ferry. Portions Il, Burke s. q
NM '' tH1 John y stewart. of vhom D., j
y, f''a sanders stall L. President. John NJ
ter'N \ice-licsjdent Porteus X Burke, Serrc.
larry and ;. T.. SUmrHll, IRE silrcr
ARTICLE X
This corporation >hnDl be- liauidatod at tho o,d
&" lls term. ar sooner, provided that three fourtIs
~ the capital stuck shah have aqreed tbarot. -
meeting called for I'm; purposr NV tLroo ,
nissi"nefs shall cohS1G. To act until the busi,.s,
~ 10" corporation shall be entirely closed and n
o. ma ~ the event Of The death of either
"r ~" o. them then thcsurviyor shall act
ThnS don aud passed in the city OF Now rheria
"tlsh =" inerlh' STATE Of Louisitnu on the dsv.
month ana year hr>t above written, in the pres,
eh'r 81 n. u b"IrHmbrc and +. ~ I}autnun rom.
petent Witnesses, of lawful age residents Of mis-
Parish who hereuuto subscribe their names md
me notary, after due reading of the whole
Originally signed
PORTEtS Il BURKE .. AZ cha. /
j. NOFFORD SANDERS 10 gi 'lsH
WALTERJ. BURKE a. sha.o
s g SUMRALL... .......... o. St 49,
J. NJ. TERRY by S. G. SumraU .. 81 Shars se
G $ H III by s. g. Sumrall ..... 81 Sh"res
JOHN d. STEWART by s G. SumralI so Shnrer
g. r. BoRAH, by Walter J. Burke. 49,. 30 Shares
A. y. DELCAMBRE
T.. w. BAUMAN. VENTRESS / SMITH
g, Notary Publiel
State of Louisiana Parish Of iberia
u w. beblhnc Clerk 81 Court and Exoficio |
Recorder and Conservator of mortgages in and |
for the aforesaid Parish md State do hereby Ger
tlfy tIGS the above and foregoing is n true and |
of the original act of incorporation |
of the West New Iberia Land Company" on file |
and of recording my Office in Miscellaneous Book
No. 5 at folio No =
In faith whereof witness my hand and seal of
office this 24th day Of March A. D. 1910.
RG Leblanc,
Cleik 18th Judicial Distrcb.'ourt