New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1910-11-19
Act of Incorporation
Or THE----
YERJQ|u0ubaYCo|nPgNY
United States Of America, State
OF LOUISIANA. Parish of Orleans,
City Of Nnut Arlnnus

United States Of America, State
Of LOUISIANA, Parish of Orleans,
City of New Orleans.
BE 1t Known, That on tins Sixth
(6th) day Of dhe month of Octo-
ober, in the year Of Our Lord, one
thousand, nIne hundred and ten
(19lOO, and Of the independence
of the United S atcs Of America
the l35th,
Before me, Alvin Edward He
bert, a Notary Public, du y com
mlssioned and qualified in and for
the Parish Of Orleans, City Of New
Orleans and therein residing, and
ia the presence Of the witnesses
hereinafter undersigned,
Personally came and appeared
the severaI persons whose names
are hercunto subscribed, who
orally declared that avallng
themselves of the provisions Of the
laws of the State Of Lou sIana rel
ative TO the organization and for
nation of corporations, Ghey do by
these presents, fol themselves,
tbeIr associates, successors and as
signs as well as for such other
persons who may hereafter be
come associated with them, form
and organize themselves into and
constitute themselves under the
laws Of the State of Louisiana, a
corporation for the purposes and
under the stlpulations and agree
mentsnbereinafter setforth and ex-
pressed, which they do hereby
adopt as their charter or articles
Of interpretations, towlt.
Article I.
The name and title of this cor
poration shall be,
Vermilion Bay Company
and under that corporate name,
it shall have and enjoy cor
porate existence and succession
for the term of nnty-nine (99)
years from and after the date |
hereof; to contract. sue and be
sued to make and use corporate
seal, and the same to break or
change at pleasure; to hold in fee
or otherwise, receive, hypothecate,
pledge and sch property real and
personal Ito issue stocks and bonds
therefor; to borrow money and to
issue notes or bonds therefor; to
own hold and sell stock and bonds
of other corporations; to name
and appoint such managers, di-
rectOrs, officers or agents as the
interest of said corporation may
require; 10 establish such bylaws,
rules and regulations for the prop
er management of the affairs of
this corporation as may be neces-
sary and proper, the same to alter
at pleasure, and generally. to do
and perform all such acts as may
be proper and necessary to carry
out and execute the purposes of
this corporation.
Article II.
The objects and purposes for
which this corporation is formed
and the general nature of the bus
iness to be carried on by it are
hereby declared and specified to
be,
70, purchase, lease, own, hold
or sell real estate of all kinds, and
to improve, reclaim, develop OF
cultivate same; TO carry on agri-
culturai pursuits Of all kinds; to
convert agricultural products into
manufactured products; TO raise
sugar cane and refine sugar, to
deal in and manufacture timber
and lumber of all kinds and to
operate lumber mills; to build and
operate public and private drain
sge and irrigation canals. and to
build own and operate railroads
for the purpose of the business of
the corporation, but not as CON-
mon carrier; to deal in merchan-
disc of all descriptions in connec-
tion with Hhe enterprise of the
companp and Independently; to
mine for, produce, refine or sell
minerals Of all descriptions; to
conduct and carry on all kinds of
fisheries industries. and in con-
nection Herewith, to own and ope-
rate all necessary boats, vessels
and factories. The Corporation
shall have the power to conduct
its operations and carry on its bus
mess at such places in the United
States Of America as it may de
termine, and generally it shall
have full power 40 do each and
everything Incidental to said bus
ness or necessary to tie accomp-
lishment of the objects and pur-
poses herein stated as fully as If
the same were set-forth at length
herein. Il
Article III.
The domicile Of this Corporation
shall be at Avery Island, in the
Parish Of iberia, State of Louisi-
ana. The President of this cor
poration. and in his absence, the
Secretary is designated as the Of
ficer upon whom service of cita-
tion or other legal process shall be
made.
-. Article ~.
\ The capital stock Of this cor
porstion is hereby fixed at One
Million $1.000,000.00) Dollars,
divided in Ten Thousand Shares,
Of a par value Of One Hundred
(41OOOO) Dollars each, which
shares shall be paid for in cash
ct such times, and in such amounts
Is the Board Of Directors may de-
termine, and fun paid stock may
he issued at no less than par by
~ Board Of Directors in payment
~ Droperty or things Of value re-