The weekly Iberian. (New Iberia, La.) 1894-1946, 1910-06-04

United states OF Amvfea,
$ at Of OH ~.
Parish of Iberia.
BE IT KNOWN That On thi4 t7tb
day Of th. month ri May, y y.
1919 hcfoA' me, T.. Laurent Rem
oudrt, u; Noiar; Public .ln-
ly commissioncf anl qualified,
ia and for the Karish Of IBERIA state
of Louisian2|aWd IN the presence OF
the Witnesses hereinafter named
and undersigned
Personally came apd appeaet L.:
Mcssrs. John s. snttic. John f..
4. Keller, Nfr.TeuouIet, who, each
themselves Of the laws OF the state
Of Louisiana, relating 70 the or
ganization and formation OF cor
porations. they have coVcnanteI
aud agreed. and they do by these
presents, covenant and agree to
bind and obIigate themselves, as
well as such person or persons as
may hereafter Join or become asso-
Ciated with them, into Il corpora
ton, limited, or body polite IN law
under the agreements and stipula
tons following, 10 Wit:
ARTICLE !.
The name and style of this cor
poration shall he: SIBERIA MO-
TOR CAR co, Limited. lis domi-
Gle is hereby fixed at the city of
Now Iberia, in the Parish of Iberia,
State OF louisiana; it shall have
and enjoy succession for a period
OF % years; it may have and use n
corporate seal with such device as
may be selected by its Board Of III
rcctors; it shall have power to sue
and be sued in its corporate name
10 contract, to have, receive, hold,
purchase, acquire, convey, alternate,
mortgage, hypothecate. pledge,
and pawn property, both real and
personal. 10 employ, hire and to
secure the services OF such persons,
agents, officers, managers dircc-
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 OBJECTS and purposes Of this
corporation shall be to carry on
the business of buying and selling
automobiles, repairing same, to
buy and sell supplies and accessor~
les for automobiles, to hire or rent
automobiles FOR carrying passcn-
gers and to store autos. Also to
buy and sell auto pats and to as
seihhlc these parts and build or
manufacture automobiles.
And IN fact to do any and all
things necessary and requisite 10
cyry on the business in a profit
able way.
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 it's
Board of Directors may decide
this capital stock may be increased
to any amount within the limits
fixed by the law governing thefor-
nation and organization of corpor-
ations, limited; ani in the appro-
priation OF said additional capital
stock, the stockholders shall be en-
titled to acquire same in proper
ton of the amount which each pos
sessed of the original stock.
This corporation may commence
business as soon as Three Thous-
and Dollars Of the capital stock
shall have been subscribed and
actually paid in.
ARTICLE ".
The corporate powers Of this
corporation shall be vested in and
exercised by a Board of Directors
composed us five stockholders.
three of whom shall constitute a
quorum for the transaction OF bus
mess. They shall be annually q
lected by ballot at the office Of the
company under such form and re-
gulations as may be adopted on the
first Monday OF May Of each
year. Each stakeholder voting,
either in person or by proxy, be-
ing entitled to one vcse 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
feiture or abandonment Of this
Charter.
ARTICLE V.
One week after the election of
said Board of Directors K shall
proceed to the election OF n Presi-
dent and Vice President and Treas
urer and Secretary from a
mong the stockholders, and their
tenure of office shall last one wear
and they shall exercise their office
until their successors shall have
been elected and qualified.
ARTICLE VI.
The President OF this corporation