The weekly Iberian. (New Iberia, La.) 1894-1946, 1911-02-04
CHARTER
or The

CHARTER
N. 4. PAT0UT & SON Limited.
STATE OF LOUISIANA,
PARISH OF IBERIA.
Be it known, that on this End dav
OF August "A. D. 1910, BEFORE me
Walter F. VOORHEES,, a Notary Pub
lie, duly commissioned and quail
fled in and for the Parish and State
hereinbefore mentioned, and in the
presence OF the witnesses herein
after named and undersigned,
Personally came and appeared
the persons whose names are here
unto subscribed, the married ladies
being duly authorized and assisted
by their respective husbands, who
declared that, availing themselves
OF the general laws of this State
providing for the creation and or
ganization OF private corporations,
and particularly of Act No. So of
1855, and of the Act of 1904, they
have formed and organized, and
by these presents do form, organ
ize, and constitute themselves, and
such others as may become asso-
ciated with them, and their sue
cess0rs, into corporation and
body polite for the objects and
purposes and under the terms and
conditions hereinafter set forth, to
w.t.
ARTICLE /.
The name of this corporation
shall be n. A. Patout & Son, Linn
tied, and its domicile and principal
place Of business shall be at the
residence situated on the Enter
prise plantation in the Parish of
Iberia, State Of louisiana.
ARTICLE II.
The business, purposes, and OBJ
jects Of this corporation are de-
clared to be any one and all of the
following, to wit To cultivate
sugar cane and any and all crops
suitable to the climate, to manu-
facture cane into syrup and sugar,
to refine same, to lease, buy or
sell real estate in connection with
farming operations, to acquire and
own railways, tramways, with
steam motive power, pipe lines for
transferring juice, syrup and oil,
teams and all class of farming i'm
plements and all live stock, use
full for the purposes of this cor
poration; to cultivate with hired
labor or for shares of the crops,
or by tenant system; to cut, haul
and manufacture sugar cane pro-
duced by other parties into sugar
or syrup and refine the same, or
to purchase same or manufacture
same for a given price or on Civ
en- terms, and generally to do any
ana all things pertaining to and
necessary for the successful run
ming Of q sugar plantation and re-
finery.
Also to establish, run, and con-
duct q mercantile business or COM
department, for the pur-
pose OF trading with the employees
OF the corporation and with such
others as may deal herewith and
IN connection with such merchan-
tile business to buy and sell goods
ana merchandise not prohibited by
law, and make all such deals as
merchants are authorized to make.
10 ship, sell and dispose of all sug-
ar, syrup, sugar cane or other
crops purchased or manufactured
Dy the said corporation and also
Dy-products, either directly
through the Manager or through
[he Agents or employees as he NAV
deem proper to engage. All en-
ployees, all agents, managers. as
sistant managers and other en-
ployee6, proper and NECESSARY for
me conducting Of any portion of
said business. -
ARTICLE III.
Ihis corporation shall enioy suc-
cession in its corporate name with
~ the powers granted in Article |
y, and with all powers which could
% exercised by an individual. The |
:erms OF it's existence is fixed At
'lfty years from the date Of tb;a
lct: It shall have power to sne
Ind be sued, to contract. to make
Ind use q corporate seal. and the
'ame to break or alter at it's pleas
Ire. To hold, receive, lease mr.
:hase, ALLEVIATE, and convey. 40 well
V to hire, mortgage OF otherw;aa
property, both real and
::eIsonaI, ana to appoint such Of
lcers and employees as its bust
less may require.
ARTICLE Nv.
The capital stock of this cor-
'oration il fixed at Three hun
lred and fifty thousand and 90
90 1885,. O00.00l Dollars, divided in
Q thirty five hundred (35OO shares
I the par value of one hundred
nd 0o-100 100000 Dollars each
he corporation shall begin bust
ess only after the shares of tho
apital stock shall be subscribed
nd paid for and not earlier than
he first day Of January, 1911. No
took shall be issued for less than
. par value, nor shall it be is-
ned until paid for in full; proyid-
d, however, that stock NAV be
aid for cash or its equivalent in
ervices rendered or in property
Q fair valuation.
ARTICLE v.
No transfer OF stock shall be
hiding upon this corporation un- {
- same is made on the books of {
III corporation; and in case any !
shall desire to sell or q
'Ansler this stock, he shall give Z
N (10) days notice to the officers I
the Corporation. The stock
Dlders OF which shall have the 4
rot option Of purchasing the said q
0ck at the full market value
|ereol.
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