New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1911-03-11
Ict Of incorporation
or TUE
juufrey Company.

commissioned aud qualified, IN and TO
the Parish OF IBERIA, state Of Louisiana
personally came aud AZ peared the person
whose names are heleuuto subscribed
who declared that avaiiIng themselves o
the provisions and The laws of this State
relative to the organization Of corporation
they have covcuanted and agreed, and d'
hy these presents, covenant aud agree
bind, form and constitute themselves, al
well rs such persons who may hersafte
iJin or become associated with them, int
I corporation and body polite in law, fol
the objects and purposes and under thu
agreements aud sripulations following
to-wit:
ARTICLE |.
The name and style of this corpOr al iOI
shall be THE NAUFREY COMPANY
aud under that name it shall bav.
aud enjoy all the rights and priv
ilegss granted by law 10 corporations
it shall exist for the period of ninety nj Mt
years from this date; 1t shall have powe,
to contract, sue ana be sued In its corpOr
ate name to make and use \ corporate
seal to hold. receive, purchase, convey
mortgage, hypot thecate or pledge property
both real aud personal; to Issue bonds
notes aud other obligations; to have and
employ such managers, directors, officers
agents or other employees as the inter 81
aud convenience of such corporation may
require, aud to discharge the same As the y
may see fit; to make and establish such
bylaws rules aud regulations for the
proper management and control of the af
fairs of said corporation, through it's Boa ID
of Directors, rs may be necessary and ex
psdent.
ARTICLE III.
The domiciIe Of this corporation shall
be in the Town of Jeanerette, Parish OF
Iberia. in this State, and all citations and
other legal process shall be served on tht
President. or in his absence on the Vice
President and in the absence Of both, on
the Secretary Treasurer Of said corpora
tion.
ARTICLE Ill.
The purposes for which this corporation
is orgauizsd and the nature Of the bust
ness 10 be carried on by it are declared
and specified to be as follows: To cult
vate and raise sugar cane. corn and othe'
agricultural products, to manufacture and
refine sugar, to buy and sell sugar cane
and other products. as well AS sugar. mo
lasses and other n! ticles that may be made
ana to this end to acquire
purchase and hold plant ativns or tracts ~
land and TO work and cultivate the same,
either in sugar cane, corn or other pro-
ducts; to manufacture the products raised
on ssld LANDS owned by utilsu person.
into sugar. molasses, alcohol or other cou-
OF trade that can be made or ex
. act ts-I h.r IN al In
-ith-r in aiaw or manufacinr d stAi,;i
buy and p rchsse crops ef sugar cane o
other articles that can be- made ther.
from; to maintain, cOnducf and operate ,
refnry OF central factory; to construct
maintain md operate tramways, railroad
and ,lh + rosds hat may be deemed ne
cess lry for th- transportation OF cane au
9th pro,iucts. as we'll as sugar. mnlasse
,nd other articles made tn, rel ON, TO an
from thu refinery or central factory q
said corpo' alton, and generally to do AN
perform anything and everything peril
nent or incident to the general purposes
hereinbefure stated.
ARTICLE Nv.
The capital stock of this company L.
hereby fixed at the sum OF three hun
ired thousand dollars. to be divided into
three thousand shares OF . par value Of
one hundred dollars each, which shall be
paid for in cash OF in the purchase OF
property. All shares Of stock shall be full
paid and non -assessible. No transfer OF
stock shall be recognized or be binding
upon the company unless made pursuant
to its by laws and recorded upon the
oeoks Of the company.
This corporation shall become 4 goiUe
concern as soon as one hundred Thousand
dollars Of its capital stock shall have been
subscribed and paid for.
ARTICLE V. -
All the corporate powers OF this corn
jration and the management aud contro
OF its affairs, In the matter Of purchasing.
selling, contracting obliga
tons and doing all things necessary to
carry OCT the powers granted by thi.
Chatter aud thu purposes OF the corpora
ton, shall be vested in and exercised BY
the Board OF Directors composed Of ssve,
stockholders, four Of whom shall consti
ute quorum for the transaction OF It,
business.
The first Board OF Direct ors shall hole
Office for u period Of three years, and their
successors shall be eltct, d annually OF
~ the first Monday Of March 1914, ano
annually thereafter on the frst Monda,
II March. Each stockholter shall b,
Untitled in person, or by proxy, to on
vote on every share owned by him, sn1
said election shall be held under such
rules and regulations rs may be provided
by the Board OF Direci ors.
Any vacancy on the Board OF Dire ct ors
shall be filled by the Board for the un.
expired term.
The said Board of Directors sha' |
continue in Office until March, 1914, NJ
aforesaid, or uutil the Successors shall
nave been duly elected anu qualified, ant
my failure te elect shall not be regarded
IS a forfeiture OF this Charter. The said
Board shall have the right to appoint an,
,ierk or employee OF the corporation MS il
may dsen tit and exprdient and for tn
y oper management aud control of saiu
business.
The Piesid mt shall have authority to
sue in behalf Of the co cotporatiou withou,
special authorization OF the Board OF
Directors.
ARTICLE VI.
This act o corporation may be
changed. modif,l or altered, or this co,-
poration may be dissolved with the rs.
sent Of three fourths OF the stock preseLt
II represented, n ag-uersl meeting con
sened FOR that purpose. and after Mt least
ten days written nutlc. shall have bs-u
given through mail addressed 10 each
stockholdsr AZ his last known place OF
residence.
ARTICLE VII.
No stockholder shall ever be held H.
able or iespousibie for the con,rxcr..
faults or debts vi tblsr corporation, no,
hail any mere iuforiS~Hty in its orgsui.
cation have the Effect Of rendering thi.
Charter null or exposing the stock old-r
% amy liability beyond The unpaid bal.
,nrr due on tn. shares of stock owned by
him
ARTICLE VIII.
Iu case of dissolution OF this corpora-
ton by the expiration Of this Charter or
otherwise, the stockholders shall elect
three liquidstors who shall have full au.
thority to wind up the affairs CT this com.
pany. In the event Of the death or dis.
ability OF any one Of said commi ssioners,
the remaining iiquidators shall sppoiut .
successor to him.
Until the election TO be held in March
1914, the following named persons shall
constitute the first Board OF Directors /:
John Bussey, II. B. Hswes. Charles A.