New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1911-04-29
CHARTER
OF THE
TECHE LauD C0)QPauY.
United States OF America, State of Lou
isiana, Parish Of Iberia, City Of New
iberia

United states OF America, state or Lou
| isiana, Parish of Iberia, City Of New
Iberia.
| On the 9th day of the month Of April,
in the year of cur Lord, One Thousand
Nine Hundred and Eleven, and of the in
depend. noe OF the United States of Amer
ics. tho Que Hundred aud Thirty Fifth,
BEFORE NE, e. NJ. Compton, q Notary
| Public, duly mmissioned and qualified,
| in and for the State OF Louisiana, in the
presence Of the witnesses hereinafter
named ard undersigned.
Personally cane and appeared; The
parties whose nance are heIeunto sub
| seribsd, who declared that availing them
selves Of the provisions Of the laws Of the
State of Louisiana, In such cases made
and provided, they have covenated, and
agreed, and do by these presents covsn-
| ant and agree and bind themselves. their
| Successors and assigns and such other
persons a. may hereafter become assooia-
ted with them, to form and constitute
themselves int . corporation and body
polite in law for the objects and pur-
poses, and under the articles and stipu-
! iations following, to-wit:
ARTICLE I.
The name and title of this corporation
shall be the TECHE LAND COMPANY,
asd under its corporate name it shall
have and enjoy corporate existence for a
period of ninety mine years from date of
this act, with full power In the transac-
tien. and for the purposes of its business,
% hereinafter defined, to contract, sue
and be sued; to make and use corporate
seal, and the same to alter and break at
plsasurej to acquire, lease, use, hold, ali
snats. mortgage, pledge or otherwise en-
sumber any property, movable or immov-
able, in or out Of the Htsbe Of Louisiana;
to issue its bonds and other evidence of
indie btedness, and to secure the same by
pledge, mortgage, OF otherwise; to elect
Or appoint sush directors, officers, mana
gers, agents or other employees as the in
tsrsst or convenience Of its business may
require; to make, amend or repeal At plea
sure, such by-laws, rules and regulations
touching the management of its affairs
and business or the exercise Of its power,
% may be necessary or convenient; to in
crease or diminish it's capital stock and
generally for the purposes and obje cts of
its business to exercise all the rights and
aud power that may be now or hereafter
permitted by law to corpor atoms Of this
character.
ARTICLE II.
The domicile Of this corporation shall
be in New Iberia, Parish Of Iberia, state
Of Louisiana, and all citations or other To-
gal process shall be served upor the Pres
idept, and in his absence upeu the Vice
President, and in the absence of both,
upon the Secretary OF the Corporation.
ARTICLE HI
The objects and purposes for which
this corporation ie established, and the
nature Of the business to be carried on
by it, are hereby declared to be;
To purchase, lease, or otherwise ac- |
lands and town site properties in the |
state Of Louisiana, or elsewhere; to pro-
mote immigration to the State Of Louisi-
ana, and generally to develope the indus
trial and agricultural interests of the
State; to transform and convert rural |
lands into town sites and to ope. up aud |
develop the same, - we'll a. property
|yipg adjacent to, or within the corporate
limits of villages, towns and municipali.
lies, and the same to sub divide into
building lots. and generally to do and per-
torm any and all things necessary and
conducive for the proper carrying out Of
,bjests herein before set forth.
ARTICLE Nv.
The capital stock Of THE corporation 10
hereby fixed at the sum Of Thirty Thou
'and (e3O. 0O0.0 0) Dollars, divided into
md represented BY three thousand shares
i the par value Of One Hundred Dollars
e100.00) which said stock shall BE- paid
or Ia cash Or in such installmsnte, or at
ueh times, and after such notice to the
"a bscribers - the Board OF Directors may
X, or the same may be issued ct not less
han par for labor done, or services per
esmed for such corporation, ~ pfop-
ny or rights actually receiJ the
aid corporation. No trans the