New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1910-04-30
ACT or INCORPORATION
-OF-
LOUISIANA RIO CRANDE SUGAR CO.,
LIMITED.


the year Ninteen Hundred and
Ten and of the independence OF
the United States the One Hun
dred and Thirty-fourth, before me,
Veniress j. Smith, a Notary Pub
lie. duly commissioned and quail
fled in and for the Parish of lbe-
ria, State Of Louisiana, personally y
came and appeared the persons
whose names are hereuntO sub
scribed, Sho declared that avail
ing themselves of the provisions
of the laws of this state relative
10 the organization Of corporations
they have covenanted and agreed,
and do, by these presents, cove
nan,t and agree, bind, form and
constitute themselves, as well as
such persons who may hereafter
Join or become associated with
them, into a corporation and body
polite in law for the objects and
purposes and under the agree
ments and stipulations following,
tO-wit:
Article I.
The name and style of this cor
poration shall be the Louisiana
Rio Grande Sugar Company, Ltd,
and. under that name it shall have
and enjoy all the rights and priv
ileges granted by law to corpora
tions it shall exist for the per-
iod ninety-nine years from date !;
IL shall have the power to con-
tract sue and be sued in its CO..
porate name to make and use a
corporate seal, to hold, receive,
purchase, convey, mortgage, hy-
pothecate or pledge property, both
real and personal; to issue bonds,
notes and other obligations; and
have and employ such managers,
directors. officers, agents or other
employees as the interest and con-
venience Of such corporation may
require; and to make and establish
such bylaws, rules and regulations
for the proper management and
control Of the affairs of said cor
poration, through it's Board Of Dl-
rectors a may be necessary or ex-
pedient.
Article II.
The domicile of said corporation
shall be in the Parish OF Iberia,
State of Louisiana, and all cita-
tsons and other legal process. shall
be served upon the president, or,
in his absence, on the vice presl-
dent and in the absence OF both,
on the Secretary Treasurer OF said
Corporation.
Article III.
The purpose fcr which this cor
poration is established and the ma
ture Of the business to be car
ried on by it are declared to be as
follows: To cultivate and raise
sugar cane, corn and other agrl-
cultural products; to manufac-
ture and refine sugar; to buy and
sell sugar cane and other prod
ucts. az well as sugar and molas-
ses, and all other articles that
may be made therefrom; and to
these ends to acquire, pure hase
and hold plantations or tracts OF
land and to work and cultivate
same, either in sugar cane, corn
or oher agricultural products,
and to manufacture the products
raised on said lands as well as
the products raised on lands
owned by other persons, into su-
gar, molasses, alcohol and 9th
or commodities Of trade that can
be made or extracted therefrom
20 sell such products either in
. raw or manufactured state; to
buy and purchase crops of sugar
cane or other products raised on
lands by other persons than said
corporation and to make and man.
ufacture the same into sugar, mo-
lasses and other articles that can
be extracted therefrom; to main
tain. conduct and operate a re-
finery or rdfineries on such of the
plantations or tracts Of land OF
said corporation that may be
deemed best; to construct, main-
tain and operate tramways, rail-
roads, and other roads that may
be deemed necessary for the
transportation Of cane an,i other
products, ~ well - sugar, mo.
lasses and other articles made
therelrom, ITO or from the refin-
cry or refineries of said corpora
tion; to construct and maintain al
system Of canals for the proper
irrigation and drainage Of said
land, and generally to do and per-
form any and everything apper-
tanning or incident to the general
purposes hereinbefore stated.
Article Nv.
The Capital Stock Of this Com
pany 10 hereby fixed at the sum
Of one hundred thousand dollars
(t1OO, ,O0O.00) TO be divided into
one thousand (1,0O0) shares Of the
par value Of one hundred ($lO0)
dollars each. which shall be paid
for in cash, or in the purchase Of
property. All shares of stock
ahall be fun paid and non-ssses-
sible. No transfer Of stock shall
b recognised or be binding upon
ne compsny's books unless made
pursuant to ih bylaws and re.
cordsd upon the books Of the
eompany. This corporation shall
become . going concern ~ soon
= fifty thousand (>50, ,000) do1ars
oe 10 Capital Stock shall have
been subscribed and paid for.
Article Y.
All ~ nx.ps,Nnntn sanvwarn ~ thin