New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1910-12-03

! AAIA "a wv S"AN SNN-
shall be chosen by the Doard oil
Directors at it's first NEE, ,ins Sic
ceedlng the netting OF the stoch-
holders, and annually thereafter,
on the first tuesday after the l.rst
Monday OF February Vt each year.
,1he power and uu les OF sucn
officers shall be sucn as are Gus
tomari.y enjoyed 4uu eNerc .sed uy
those holding l.he positions dn..
such as may be prescribed BY the
bylaws OF this corporation.
Article VII.
Whenever the said corporation
is dissolved by ilmltat on or from
any other cause, Its affairs snail
be liquidated by t3) three COM
missioners 10 be appointed from
among the stOckholuefs at a gen
eral meeting OF the stOckho.ders
70 be convened tor that purpose al
ter 800 thirty days nytlce Dy puo-
llcatlon II a newspaper pubiisAed
ia the Parish Of lDerla, and with
he assent OF a majority OF the
Capital Stock. Ine SAD Commls-
slouers snail remain in office until
he affairs vi the corporation snaii
nave been fully liqlluated, and III
The case Of the death OF any one or
more OF the sa.d Comm .ssioners,
tne survivor 1r survivors Snall
eject a successor or successors from
mong the stockholders. The COM
pensation 40 be received by the
said Commissioners shall be liked
at the time Of their appo ntnlent.
The said commissioners shall
have full power and authority to
collect any and all moneys, oDhga-
.lons, bills and accounts due tne
said corporation and receipt Tor
he same; to sell at public sale al
ter legal advertisement, by pub
lication in one newspaper publish
ed n the Parish Of Iberia, Louisi-
anan, any and all Of the assets OF
the said corporation, whether
movable or immovable and upon
such terms and conditions as they
may deem proper and to execute
good and valid TILE therefor,
without the intervention OF a
Court Of Justice or without beng
thereby empowered; to pay the
debts Of the said corporation, and
lestriDute the residue of the
funds which may remain in their
nands, among the stockholders. IN
preparation to the interest OF
eacn and to make reports from
| lime to time whenever requested
oy the holder or holders OF ma
jority of the stock, and ashaA
make a final report of their ad-
ministr ration at a meeting Of the
stockholders whenever requested
to do SO by the holders OF a ma
Jority of the stock. Ten (lO) days
notice Of such meeting shall be
given to all parties in interest by
public alton in a newspaper pub
llisned in the Parish OF Iberia, Lou
siana, and written notice thereof
shall be delivered to each stock
aoldeq, either in person or by mail
at his last known Post Once OF
address as shown by the books OF
the company, the said publica-
ton and written notice giving
1.-THE place and date of such meet.
ling.
Article VIII.
This act Of incorporation may
be changed or modified, the cap.
lital stock may be decreased OF
increased on the said corporation
dissolved with the assent Of q
Three-fourths Of the capital stock
represented at meeting Of the
stockholders called for that pur
pose by publication in a newspap
Ter published in the Parish o1
iberia, Louis ana. and after the
observance of all statutory re-
Iquirements of the State Of Lou
Iisiana in connection Herewith.
| Article TX.
| No stakeholder shall ever bt
held liable or responsible for thu
acts, contracts or faults of th.i
corporation in any further sun
than the unpaid balance due ol
that may be due this Company OF
shares Of stock held by him. Mo-
shall any informality in its or
ganization render this charter nu.
or have the effect of expos .ng an.
stockholder to any liability be
4 yond such unpaid balance due el
| mis- stock.
Thus Done and Passed in m,
office, in the City Of New Orleans
State of Louisiana on the day an.
date above written in the pres
ence of Messieurs John Dymond
Jr.. and BENZ. NJ. Foster, comp
. etent witnesses who signed thes
, presents with the said appearer
and me, Notary, after due read
: ling thereof, the said appearers de
iclaring that they have placed at
I ter their names the number 0
/ shares of stock respectively sui
: scribed by them and that they d
) adopt this as their stock subscrir
: |tion
Original signed by the stock
! holders.-
, Witnesses:
John Dymond, Jr.
Bent, Il. Foster.
E Alvin Edward Hebert
Notary Publ,
81 A true copy Of the original.
d In witness whereof / have her,
: unto set my hand and seal Of o.
: fee at New Orleans, La, tn
: Seventh 9TH day of October, 4
: lD., 1910. Alvin Edward Hsbert,
: Notary Public
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