The weekly Iberian. (New Iberia, La.) 1894-1946, 1910-04-23

United States of America,
S at Of lOui i'm,
Parish of IBERIA.

United States OF America,
at Of lOui m,
Parish of IBERIA.
BE IT KNOWN That on this 2sth
day Of the month or February. in
the wear OF our Lord One Thousand
nine hundred and ten, before me,
/ Alfred Rcnoudet, a Notary Pu"lie,
duly commissioned and qualified,
in and for the Parish of Iberia, State
of louisiana and in the presence OF
/ the witnesses hereinafter named
and undersigned
Personally came and appeared:
! Messrs. Frederick Occur, Hon
ora Romero, Joseph Migues, l.. J.
/ Gonsoulin, Joseph Norres. Ovee
| Broussard, y. j. Broussard, Elodias
| Romero, J. j. Braquet, Charles Du-
gas, aud Charles Gary, who. each
and all declared that awaiting
themselves Of the laws of the State
| of Louisiana, relating to the or
| ganization aud formation of cor
porations, they have covcnautcd
and agreed, and they do nv these
| presents, covenant and agree tot
bind and ohligate themselves, as
well as such person Or persons as
may hereafter Join or become asso-
ciated with them, into a corpora
ton, limited, Or body polite in law
for the objects and purposes and
under the agreements and stipula
tians following, to Wit :
ARTICLE |.
/ The name and style OF this corI
poration shall be: PLANTERS
| SUPPLY co, Limited. It's domi-
Gle il hereby fixed at the city of
| New Iberia, in the Parish of iberia
state of Louisiana; it shall have
and enjoy succession for period
Of IS years; it may have and use a
| corporate seal with such device as
! may be selected by its Board of Di-
rectors; il shall have power to sue
and be sued in its corporate name;
| TO contract, have, to receive, hold
| purchase, acquire, convey, ALLEVIATE,
, mortgage, hypothecate, pledge,
and pawn property, both real and
personal. To employ, hire and to
| secure the services OF such persons,
| agents, officers, managers !, direc
| tors and such other employees as
its interest and convenience may
require.
1t shall have power to adopt and
establish such bylaws, rules and
regulations as may. be necessary
for the management of its affairs
ARTICLE II.
= The object and purposes of this
corporation shall be to carry on
| the business OF. buying and selling
| IL, n I. L
| tnWare, crockery, glassware,
| wooden and willow ware, saddlery,
stoves, agricultural implements and
general merchandise OF whatsoev-
er descripticn-.nd kind they may
see fit also buggies and carriages,
wagons, gasOlene motors, etc.
ARTICLE III.
The capital stock of this corpora
| ton is hereby fixed at Ten ThOus-
and Dollars; divided into shares of
One Hundred Dollars each, payable
in money or its equivalent in prop
erty, either real or personal as its
| Board of Directors may decide;
this capital stock may be increased
to any amount within the limits
fixed by the law governing the for
nation and organization of corpor-
ations, limited; and in the appro-
stock, the stockholders shall be en-
titled to acquire same in proper
ton Of the amount which each pos
sessed of the original stock.
ARTICLE ".
All transfers of stocks shall be
made on the books of this cOrpOr-
alton by the stakeholder or his at
torney-in-fact.
ARTICLE V.
The corporate powers OF this
corporation shall be vested in and
exercised by Board of Directors
composed Of five stockholders,
three of whom shall constitute a
quorum for the transaction of bus
mess. They shall be annually e.
lected by ballot at the office of the
company under such form and re-
gulations as may be adopted on the
first Monday in February of each
year. Each stakeholder voting,
either in person or by proxy, be-
ing entitled to one vote for each
share of stock owned by him.
Said Board of Directors shall con-
tinue in office until their success
ors shall have been elected and |
qualified, but no failure to elect |
said Board of Directors shall be |
considered or interpreted as for
fixture or abandonment of this |
Charter.
ARTICLE W.
One week after the election of |
said Board of Directors it shall |
proceed to the election of a Presi-
dent and Vice President from a. |
mong the stockholders, aud their !
tenure of office shall last one year;
and they shall exercise their office |
until their successors shall have
been elected and qualified.
ARTICLE VII.
The President shall be vested |
with full and exclusive control of |
the mercantile transactions or af-
fairs of this corporationn to the
end of which it was created; by |
him shall all purchases, sales, and
contracts of said corporation be ef-
fected; he, alone, shall draw and
sign its checks, notes and obliga-
finnq in tho opurco of