New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1911-05-20
CHARTER
CHARTER
OF THE
TECHE Land COnPauY.
United States OF America, State of Lou
isiana, Parish of Iberia, City of New


| United States of America, State OF Lou
| isiana, Parish of iberia, City Of New
Iberia.
On the 9Th day Of the month of April
| in the year Of eur Lord, One Thousand
Nine Hundred and Eleven. aud of the in
dependence Of the United States OF Amer
ics. the One hundred and Tbirty-Fifth.
REroRK ME, e. NJ Compton, a Notary
Public, duly commissioned and qualified
| in and for the State of Louisiana, In the
presence of the witnesses hereinafter
named and undersigned.
Personally came aud appeared The
| parties whose names are hereupto sub
scribed, who declared that availiug them
selves OF the provisions of the laws of the
State of Louisiana, in sueh cases MAJ
and provided, they have covenated. ant
agreed, aud do by these presents covsn
Ar, and agree and bind themselves, theil
succ essors and assigns and such OF hcl
persons as may hereafter become sssoeIs
| ted with them, to form and constitute
| themselves into corporation aud body
politic in law for the objects and pur
poses, and under the articles and stipu
lations following. to-wit:
ARTICLE |.
The name and title of this corporation
hall be the TECHE LAND COMPANY
aud under its corporate name 1t shall
have and enjoy corporate existence for
period Of ninety nine years from date o.
this act, with full power in the tIansac
ton, aud for the purposes OF its business
rs hereinafter defined, to contract, sue
and be sued. to make and use corporate
seal, and the same to alter and break al
| pleasure; to sequire, lease, use, hold, sill
enate. mortgage, pledge or otherwise "a
cumber any property, movable or immov
| able, in or cut Of the State of Louisiana
| to issue its tNuds and other evidence o.
| indie BIT eduess, and to secure the same b,
pledge. mortgage. or otherwise; to cleo
| or appoint such directors, officers, mana
| gue, agents or other employees as the in
terest or convenience of its business ma,
require; to make. amend or repeal at plea
sure, such by laws, rules ana regulations
touching the management of its affair
and business or the exercise OF its power
| as may be necessary or convenient; to In
| crease or diminish its capital stock AM
generally for the purposes and objects o
| its business to exercise all the rights ant
| aud power that may be now or hereatte
permitted by law to corporations OF thu
| character.
ARTICLE IL.
The domicile of this corporation shal
| be in New Iberia. Parish of Iberia, Stat
| Of Louisiana, and all citations or other lie
gal process shall be served upon the Pres
| ident. and In his absence upou the Vice
| President, ard in the absence of both
upop the Secretary of the Corporation.
ARTICLE Ill.
The objects and purposes for which
this corporation is established. and TIL
nature OF the business TO be carried OF
by it, are hereby declared to be;
| To purchase, lease, or otherwise &c
onire, own, hold and sell agriculture
lands and town site properties in tn
State of Louisiana, or elsew here; to pro
mote Immigration to the State of Louisi
ana, and generally to develope the indus
trial and agricultural interests offs tn
State: to transform and convert rurs
lands into town sites and to ope- up an
develop the same. as well az propert
living adjacent to, or within the corporal
limits of villages, towns and municipal
ties. and the same to sub divide int
bvildiug lots, and generally to do aud per
form any aud all things necessary an
conducive for the proper carrying out @
objects herein before set forth.
ARTICLE ".
} The capitsl stock of this corporation
hereby Fixed at the sum of Thirty Thou
sand $3.50. ooo .o0l Dollars. divided int
aud represented by three thousand share
Of the par value Of One Hundred Dollar
(sl0o o0) which said stock shall be pal
for ia cash or in such installmsnts, " Z
such times, and after such noAh1s 10 III
subscribers as the Board of Directors m .
fix, or the same may be issued at not les
than par ios labor done, or services pei
formed for such corporation, or for PROF
srsy or rights actually received by tn
said corporation. No transfer. Of th