New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1911-03-18
4ct Of Incorporation
or TIE
Tautrey Company.

| VINO declared that svalilng themselves
| the provisions and he laws of this Stat,
relative to the organization of corporation
| they have covenaDted and agreed, aud
by these presents, covenant and sgre,
bud. form aud constitute themselves, 4
well rs such persons who may h-reatt
| ! in or bpcomA associated with them, int
! = corporation and body poi,tic in law, fc
/ the objects aud purposes and under th
; agreements and stipulations following
| to-wlt:
ARTICLE l.
The name and 81 Vie Of this corporatio
shall he THE NAUFREY COMPANY
and under that name it shall hav
and enjoy all the rights and pri,
leges granted by law to corporations
It shall exist for the period Of ninety min
wears from this date; it shall have powe
| to contract, sue aud be sued IL its corpol
| ate name, to make and use a corporal
seal, to hold. receive, purchase, convey
! mortgage, hypot hecate or pledge property
| both real aud personal to issue bonds
notes aud other obligations; to have An
| employ such managers, directors, office
| agents or other employees as the inter Z
| and convenience of such corporation ma
require, and to discharge the same as the
| may see fit; to make and establish sue
| bylaws, rules and regulations for tn
proper management and control of the al
| fairs of said corporation, through its Boa
Of Dire stors, as may be necessary and ex
psdient.
ARTICLE III.
The domicile of this corporation shal
be in the Town OF Jeanerette, Parish 0
Iberia. in this State, and all citations an,
other legal process shall be served on tn
President, or in his absence on the Vice
President, and in the absence of both, OF
the Secretary TT easurer of said corpora
ton.
ARTICLE Ill.
The purposes for which this corporation
is organized and the nature of the bust
ness to be carried on by it are declared
and specified to be as follows: To cnlti
vate and raise sugar cane, corn and Other
agricultural products, to manufacture and
refine sugar, to buy and sell sugar cane
and other products. as we'll as sugar, mo-
lasses and other articles that may be made
therefrom ana to this end to acquire,
purchase and hold plant ations or tracts nf
T,
either in sugar cane, corn or other pro-
ducts; to manufacture the products raised
OH said Lands owned by other persons,
into sugar. molasses, alcohol or other con.
modities Of trade that can be made or ex-
tracted iherefrom; to sell such products
either in raw or manufac' state; to
buy aud p rchase crops ef sugar cane or
other articles that can be made there
from; to maintain. conduct and operate q
refinery or central factory: to construct,
maintain aud operate tramways, railroads
and o,hrr roads that may be deemed ne
cess ;y for the transportation of cane and
9th prOdncts. rs we'll as sugar, moi asses
aud OF her articles made therefrcm, TO and
from tn refinery or central factory of
SAID corpo, alton, and generally to do and
perfol III anything and everything peril
nent or inc dent to the general purposes
hereinbefore stated.
ARTICLE ".
The capital stock Of this company is
hereby fixed at the sum Of three hun
dred thousand dollars, to be divided into
three thousand shares OF a 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 n )n- asssssible. No transfer of
stock shall be recognized or be binding
u pom the company unless made pursuant
to it's bylaws and recorded upon the
books Of the company.
This corporation shall become q going
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 CORP
oration and the management and control
of it's affairs, in the matter of purchasing,
mortgaging, selling, contracting obliga-
ticns and doing all things necessary to
carry oat the powers granted by this
Chatter and tn" purposes Of the corpora
tiop, shall be vested in and exercised by
the Board of Directors composed Of seven
stockholders. four of whom shall consti-
tute a quorum for the transaction OF its
business.
The first Board of Directors shal! hold
Office for a period of thee years, and their
successors shall te elect. d annually on
on the first Monday of March 1914, and
annually thereafter on the first Monday
OF March. Each stakeholder shall he
entitled in person, or by proxy, to one
vote or every share owned by him, and
said election shall be held under such
rules and regulations as may bs provided
by the Board OF Directors.
Any vacancy on the Board OF Directors
shall be filled by the Board for the un.
expired term.
The said Board OF Directors shall
ann In of
aforesaid, or until their successors shall
have been duly elected and qualified, and
any fslure te elect shall not be regarded
ss forfeiture Of this Charter The said
Board shall have the right to appoint any
clerk o. employee OF the corporation as it
may deem fit and expedient and for the
p' oper management and control Of said
business.
The Presid mt shall have authority to
sue in behalf Of the corporation without
Especial authorization OF the Board of
Directors.
ARTICLE VI.
This act o ircorporati NAV be
changed. modified or altered. or this cor
poratlon may be dissolved with the AZ
sent Of three fourths of the stock present
or represented. a ageneral meeting con-
vened for that parpose. and after at least
ten days written notice shall have been
given through mail addressed to each
stoekholder at his las. known place of
residence.
ARTICLE VII.
No stockhelder shall ever be held H.
able or Responsible for The CONTRACTS.
faults or debts of this corporation, no,
shall any mere iaformsiity IN its orgsni-
cation have the Effect of rendering this
Charter null or Exposing the stockeolder
70 sns hanii,ty beyond the unpaid bal.
ance due on the shares ot stock owned by
him.
ARTICLE VII.
In case of aI.>uiutior OF this CORPORA
tion bv the expiration Of this Charter or
otherwise, the stockholders shall elect
three liquidators who shall have full au.
thogity to wind up the sffAirs Of this com.
pany. In the event of the death or dis.
ability OF any one OF said commissioners.
the remaining liquidators shall appoint
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. Hewes, Charles A.
Poirson, c. A. AcGowen, Charles L.
Monnot, WslterJ. Burke and Nrs. 4. L.